Can I retire at age 35 with 614,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $614,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$50,704$50,252$49,811$49,381$48,961$48,673
2 years$25,101$24,633$24,180$23,741$23,315$23,024
3 years$16,568$16,098$15,646$15,211$14,792$14,508
4 years$12,302$11,834$11,386$10,959$10,550$10,274
5 years$9,743$9,278$8,836$8,417$8,020$7,754
6 years$8,038$7,576$7,141$6,731$6,346$6,089
7 years$6,820$6,362$5,934$5,534$5,161$4,914
8 years$5,907$5,454$5,033$4,643$4,281$4,045
9 years$5,198$4,748$4,335$3,954$3,606$3,379
10 years$4,631$4,186$3,779$3,409$3,072$2,855
11 years$4,167$3,726$3,327$2,967$2,642$2,435
12 years$3,780$3,344$2,953$2,602$2,290$2,092
13 years$3,454$3,022$2,638$2,297$1,997$1,808
14 years$3,174$2,747$2,370$2,039$1,750$1,571
15 years$2,932$2,510$2,140$1,819$1,541$1,370
16 years$2,720$2,303$1,940$1,628$1,362$1,200
17 years$2,534$2,121$1,766$1,463$1,208$1,054
18 years$2,368$1,959$1,612$1,319$1,074$928
19 years$2,220$1,816$1,475$1,191$957$819
20 years$2,087$1,688$1,354$1,079$855$724
21 years$1,967$1,572$1,246$979$765$641
22 years$1,857$1,467$1,148$890$686$569
23 years$1,758$1,372$1,060$811$616$505
24 years$1,667$1,286$980$740$553$450
25 years$1,583$1,207$908$675$498$400
26 years$1,506$1,134$842$618$448$357
27 years$1,435$1,067$782$565$404$318
28 years$1,368$1,006$727$518$365$284
29 years$1,307$949$676$475$329$253
30 years$1,250$896$630$436$298$226
31 years$1,196$847$587$400$269$202
32 years$1,146$801$548$368$243$181
33 years$1,100$759$512$338$220$162
34 years$1,056$719$478$311$199$145
35 years$1,014$682$447$287$181$130
36 years$975$648$418$264$164$116
37 years$938$615$391$243$148$104
38 years$904$585$367$224$134$93
39 years$871$556$343$207$122$84
40 years$839$529$322$191$111$75
41 years$810$503$302$176$100$67
42 years$782$479$283$162$91$60
43 years$755$457$266$150$83$54
44 years$730$435$249$138$75$48
45 years$705$415$234$128$68$43
46 years$682$396$220$118$62$39
47 years$660$378$207$109$56$35
48 years$639$361$194$101$51$31
49 years$619$345$182$93$46$28
50 years$599$329$172$86$42$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $614,000, adding $6,021 every year, while hoping to spend $52,771 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 66/20/14 Blend
34$614,000$614,000$614,000$614,000
35$682,839$650,297$640,780$725,281
36$696,340$626,013$606,098$730,090
37$709,450$598,771$568,486$728,612
38$722,073$568,370$527,789$725,676
39$734,102$534,597$483,847$721,135
40$745,417$497,229$436,492$714,831
41$755,883$456,027$385,548$706,592
42$765,351$410,741$330,833$696,230
43$773,655$361,105$272,153$683,540
44$780,609$306,840$209,311$668,300
45$786,005$247,649$142,097$650,266
46$789,613$183,219$70,293$629,175
47$791,177$113,221$0$604,738
48$790,414$37,305$0$577,588
49$787,006$0$0$557,702
50$780,604$0$0$544,114
51$770,818$0$0$536,252
52$757,218$0$0$525,592
53$739,326$0$0$511,787
54$716,612$0$0$494,449
55$688,490$0$0$473,153
56$654,312$0$0$447,425
57$613,359$0$0$416,742
58$564,836$0$0$380,526
59$507,865$0$0$338,135
60$441,473$0$0$288,863
61$364,586$0$0$231,926
62$276,016$0$0$166,461
63$174,451$0$0$91,510
64$58,440$0$0$6,019
65$0$0$0$0
66$0$0$0$0
67$0$0$0$0
68$0$0$0$0
69$0$0$0$0
70$0$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0