Can I retire at age 35 with 615,000?

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 $615,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$50,786$50,334$49,892$49,462$49,041$47,282
2 years$25,142$24,673$24,220$23,780$23,353$21,600
3 years$16,595$16,124$15,672$15,236$14,816$13,124
4 years$12,322$11,853$11,405$10,977$10,567$8,949
5 years$9,759$9,293$8,851$8,431$8,033$6,493
6 years$8,051$7,588$7,153$6,742$6,356$4,895
7 years$6,831$6,373$5,944$5,543$5,169$3,787
8 years$5,917$5,463$5,041$4,650$4,288$2,984
9 years$5,206$4,756$4,342$3,961$3,611$2,383
10 years$4,638$4,192$3,785$3,414$3,077$1,923
11 years$4,173$3,732$3,332$2,971$2,646$1,564
12 years$3,787$3,350$2,957$2,606$2,293$1,280
13 years$3,459$3,027$2,642$2,301$2,000$1,052
14 years$3,179$2,752$2,374$2,043$1,753$869
15 years$2,937$2,514$2,144$1,822$1,544$720
16 years$2,725$2,306$1,943$1,631$1,364$598
17 years$2,538$2,124$1,768$1,466$1,210$497
18 years$2,372$1,963$1,614$1,321$1,075$415
19 years$2,224$1,819$1,478$1,193$959$346
20 years$2,090$1,690$1,356$1,081$856$289
21 years$1,970$1,574$1,248$981$766$242
22 years$1,860$1,470$1,150$892$687$203
23 years$1,761$1,375$1,062$812$617$170
24 years$1,669$1,288$982$741$554$142
25 years$1,586$1,209$909$677$499$120
26 years$1,508$1,136$843$619$449$100
27 years$1,437$1,069$783$566$405$84
28 years$1,371$1,007$728$519$365$71
29 years$1,309$950$678$476$330$59
30 years$1,252$897$631$437$298$50
31 years$1,198$848$588$401$270$42
32 years$1,148$803$549$369$244$35
33 years$1,101$760$513$339$221$30
34 years$1,057$721$479$312$200$25
35 years$1,016$683$448$287$181$21
36 years$977$649$419$264$164$18
37 years$940$616$392$244$149$15
38 years$905$585$367$225$135$12
39 years$872$557$344$207$122$10
40 years$841$530$322$191$111$9
41 years$811$504$302$176$101$7
42 years$783$480$284$163$91$6
43 years$756$458$266$150$83$5
44 years$731$436$250$139$75$4
45 years$706$416$235$128$68$4
46 years$683$397$220$118$62$3
47 years$661$379$207$109$56$3
48 years$640$361$194$101$51$2
49 years$620$345$183$93$46$2
50 years$600$330$172$86$42$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $615,000, adding $6,882 every year, while hoping to spend $40,353 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: 62/27/11 Blend
34$615,000$615,000$615,000$615,000
35$684,829$652,234$642,701$725,131
36$711,746$641,258$621,296$741,990
37$740,056$628,392$597,822$755,129
38$769,859$613,500$572,166$768,469
39$801,263$596,440$544,212$782,031
40$834,386$577,059$513,837$795,838
41$869,356$555,198$480,913$809,919
42$906,314$530,686$445,307$824,306
43$945,412$503,344$406,880$839,038
44$986,818$472,982$365,484$854,157
45$1,030,714$439,399$320,968$869,715
46$1,077,300$402,382$273,174$885,770
47$1,126,793$361,707$221,933$902,387
48$1,179,432$317,137$167,074$919,645
49$1,235,478$268,421$108,415$937,628
50$1,295,216$215,293$45,767$956,437
51$1,358,961$157,475$0$976,183
52$1,427,053$94,669$0$999,468
53$1,499,869$26,565$0$1,029,856
54$1,577,822$0$0$1,062,156
55$1,661,361$0$0$1,110,592
56$1,750,984$0$0$1,171,054
57$1,847,234$0$0$1,236,019
58$1,950,707$0$0$1,305,894
59$2,062,058$0$0$1,381,126
60$2,182,007$0$0$1,462,206
61$2,311,344$0$0$1,549,672
62$2,450,937$0$0$1,644,117
63$2,601,739$0$0$1,746,192
64$2,764,798$0$0$1,856,610
65$2,941,266$0$0$1,976,160
66$3,132,410$0$0$2,105,703
67$3,339,621$0$0$2,246,192
68$3,564,430$0$0$2,398,670
69$3,808,520$0$0$2,564,287
70$4,073,745$0$0$2,744,306
71$4,362,140$0$0$2,940,120
72$4,675,947$0$0$3,153,257
73$5,017,631$0$0$3,385,401
74$5,389,907$0$0$3,638,405
75$5,795,760$0$0$3,914,308
76$6,238,476$0$0$4,215,353
77$6,721,673$0$0$4,544,011
78$7,249,333$0$0$4,903,002
79$7,825,839$0$0$5,295,317
80$8,456,016$0$0$5,724,254
81$9,145,177$0$0$6,193,440
82$9,899,172$0$0$6,706,870
83$10,724,442$0$0$7,268,943
84$11,628,080$0$0$7,884,504
85$12,617,895$0$0$8,558,887
86$13,702,490$0$0$9,297,967
87$14,891,337$0$0$10,108,215
88$16,194,869$0$0$10,996,757
89$17,624,576$0$0$11,971,441
90$19,193,116$0$0$13,040,913
91$20,914,427$0$0$14,214,696
92$22,803,866$0$0$15,503,277
93$24,878,348$0$0$16,918,213
94$27,156,504$0$0$18,472,231
95$29,658,859$0$0$20,179,351
96$32,408,025$0$0$22,055,021
97$35,428,911$0$0$24,116,257
98$38,748,958$0$0$26,381,805
99$42,398,398$0$0$28,872,318
100$46,410,538$0$0$31,610,550