Can I retire at age 35 with 616,000?

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 $616,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$50,869$50,416$49,974$49,542$49,121$47,529
2 years$25,183$24,714$24,259$23,818$23,391$21,802
3 years$16,622$16,151$15,697$15,261$14,840$13,305
4 years$12,342$11,872$11,424$10,994$10,584$9,113
5 years$9,775$9,308$8,865$8,445$8,046$6,644
6 years$8,064$7,601$7,164$6,753$6,366$5,034
7 years$6,842$6,383$5,954$5,552$5,178$3,915
8 years$5,927$5,471$5,049$4,658$4,295$3,101
9 years$5,215$4,764$4,349$3,967$3,617$2,490
10 years$4,646$4,199$3,791$3,420$3,082$2,021
11 years$4,180$3,738$3,338$2,976$2,651$1,653
12 years$3,793$3,355$2,962$2,611$2,297$1,361
13 years$3,465$3,032$2,647$2,305$2,003$1,126
14 years$3,184$2,756$2,378$2,046$1,756$935
15 years$2,942$2,518$2,147$1,825$1,546$780
16 years$2,729$2,310$1,947$1,634$1,366$652
17 years$2,542$2,127$1,771$1,468$1,212$546
18 years$2,376$1,966$1,617$1,323$1,077$458
19 years$2,227$1,822$1,480$1,195$960$385
20 years$2,094$1,693$1,359$1,083$858$324
21 years$1,973$1,577$1,250$983$767$273
22 years$1,863$1,472$1,152$893$688$230
23 years$1,764$1,377$1,063$814$618$194
24 years$1,672$1,290$983$742$555$164
25 years$1,588$1,211$911$678$499$139
26 years$1,511$1,138$845$620$450$117
27 years$1,439$1,071$784$567$406$99
28 years$1,373$1,009$729$520$366$84
29 years$1,311$952$679$477$330$71
30 years$1,254$899$632$437$299$60
31 years$1,200$850$589$402$270$51
32 years$1,150$804$550$369$244$43
33 years$1,103$761$513$339$221$36
34 years$1,059$722$480$312$200$31
35 years$1,017$685$448$288$181$26
36 years$978$650$420$265$164$22
37 years$941$617$393$244$149$19
38 years$907$586$368$225$135$16
39 years$873$558$345$207$122$13
40 years$842$531$323$191$111$11
41 years$812$505$303$176$101$10
42 years$784$481$284$163$91$8
43 years$757$458$267$150$83$7
44 years$732$437$250$139$75$6
45 years$708$417$235$128$68$5
46 years$684$397$221$118$62$4
47 years$662$379$207$109$56$4
48 years$641$362$195$101$51$3
49 years$621$346$183$93$46$3
50 years$601$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 $616,000, adding $5,347 every year, while hoping to spend $41,575 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: 58/22/20 Blend
34$616,000$616,000$616,000$616,000
35$684,347$651,699$642,151$720,117
36$709,915$639,397$619,428$732,736
37$736,698$625,099$594,550$741,519
38$764,775$608,662$567,401$750,170
39$794,233$589,938$537,860$758,684
40$825,167$568,767$505,801$767,061
41$857,678$544,981$471,089$775,297
42$891,879$518,402$433,588$783,396
43$927,889$488,843$393,152$791,362
44$965,842$456,104$349,631$799,201
45$1,005,879$419,975$302,865$806,924
46$1,048,159$380,233$252,691$814,546
47$1,092,851$336,645$198,936$822,086
48$1,140,141$288,960$141,420$829,569
49$1,190,234$236,917$79,955$837,026
50$1,243,350$180,239$14,346$844,494
51$1,299,733$118,632$0$852,019
52$1,359,649$51,788$0$871,535
53$1,423,387$0$0$895,266
54$1,491,266$0$0$925,262
55$1,563,634$0$0$970,638
56$1,640,871$0$0$1,019,098
57$1,723,395$0$0$1,070,910
58$1,811,664$0$0$1,126,363
59$1,906,179$0$0$1,185,779
60$2,007,492$0$0$1,249,508
61$2,116,205$0$0$1,317,935
62$2,232,982$0$0$1,391,482
63$2,358,548$0$0$1,470,613
64$2,493,703$0$0$1,555,837
65$2,639,324$0$0$1,647,714
66$2,796,372$0$0$1,746,857
67$2,965,907$0$0$1,853,941
68$3,149,089$0$0$1,969,709
69$3,347,197$0$0$2,094,975
70$3,561,634$0$0$2,230,636
71$3,793,945$0$0$2,377,676
72$4,045,824$0$0$2,537,179
73$4,319,140$0$0$2,710,336
74$4,615,945$0$0$2,898,457
75$4,938,495$0$0$3,102,985
76$5,289,275$0$0$3,325,504
77$5,671,017$0$0$3,567,759
78$6,086,726$0$0$3,831,671
79$6,539,712$0$0$4,119,352
80$7,033,615$0$0$4,433,127
81$7,572,442$0$0$4,775,555
82$8,160,603$0$0$5,149,454
83$8,802,953$0$0$5,557,925
84$9,504,838$0$0$6,004,381
85$10,272,139$0$0$6,492,582
86$11,111,337$0$0$7,026,665
87$12,029,563$0$0$7,611,188
88$13,034,672$0$0$8,251,168
89$14,135,311$0$0$8,952,130
90$15,341,006$0$0$9,720,160
91$16,662,244$0$0$10,561,959
92$18,110,576$0$0$11,484,907
93$19,698,725$0$0$12,497,133
94$21,440,703$0$0$13,607,590
95$23,351,943$0$0$14,826,140
96$25,449,444$0$0$16,163,645
97$27,751,933$0$0$17,632,071
98$30,280,034$0$0$19,244,598
99$33,056,469$0$0$21,015,745
100$36,106,270$0$0$22,961,507