Can I retire at age 35 with 620,000?

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 $620,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$51,199$50,743$50,298$49,864$49,440$48,701
2 years$25,346$24,874$24,417$23,973$23,543$22,800
3 years$16,730$16,255$15,799$15,360$14,936$14,213
4 years$12,422$11,949$11,498$11,066$10,653$9,954
5 years$9,838$9,369$8,923$8,500$8,098$7,426
6 years$8,116$7,650$7,211$6,797$6,408$5,764
7 years$6,887$6,425$5,992$5,588$5,211$4,595
8 years$5,965$5,507$5,082$4,688$4,323$3,735
9 years$5,249$4,795$4,377$3,993$3,641$3,080
10 years$4,676$4,226$3,816$3,442$3,102$2,568
11 years$4,207$3,763$3,360$2,996$2,668$2,160
12 years$3,817$3,377$2,982$2,628$2,312$1,830
13 years$3,488$3,052$2,664$2,320$2,016$1,559
14 years$3,205$2,774$2,393$2,059$1,767$1,335
15 years$2,961$2,534$2,161$1,836$1,556$1,148
16 years$2,747$2,325$1,959$1,644$1,375$990
17 years$2,558$2,141$1,783$1,477$1,219$856
18 years$2,391$1,979$1,627$1,331$1,084$742
19 years$2,242$1,834$1,490$1,203$966$644
20 years$2,107$1,704$1,367$1,090$863$561
21 years$1,986$1,587$1,258$989$772$489
22 years$1,875$1,482$1,159$899$692$426
23 years$1,775$1,386$1,070$819$622$373
24 years$1,683$1,298$990$747$559$326
25 years$1,598$1,218$917$682$503$285
26 years$1,521$1,145$850$624$453$250
27 years$1,449$1,078$790$571$408$219
28 years$1,382$1,016$734$523$368$192
29 years$1,320$958$683$480$333$168
30 years$1,262$905$636$440$301$148
31 years$1,208$855$593$404$272$130
32 years$1,158$809$553$372$246$114
33 years$1,110$766$517$342$222$100
34 years$1,066$726$483$314$201$88
35 years$1,024$689$451$289$182$77
36 years$985$654$422$267$165$68
37 years$948$621$395$246$150$60
38 years$912$590$370$226$136$52
39 years$879$561$347$209$123$46
40 years$848$534$325$192$112$41
41 years$818$508$305$178$101$36
42 years$789$484$286$164$92$31
43 years$762$461$268$151$83$28
44 years$737$440$252$140$76$24
45 years$712$419$236$129$69$21
46 years$689$400$222$119$62$19
47 years$667$382$209$110$57$17
48 years$645$364$196$102$51$15
49 years$625$348$184$94$47$13
50 years$605$332$173$87$42$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $620,000, adding $5,604 every year, while hoping to spend $46,190 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: 68/19/13 Blend
34$620,000$620,000$620,000$620,000
35$689,021$656,161$646,551$733,491
36$710,155$639,167$619,064$746,809
37$731,897$619,792$589,109$755,343
38$754,259$597,871$556,553$763,491
39$777,256$573,229$521,260$771,207
40$800,899$545,680$483,085$778,445
41$825,201$515,029$441,879$785,157
42$850,175$481,068$397,485$791,287
43$875,830$443,578$349,738$796,781
44$902,180$402,328$298,469$801,576
45$929,232$357,073$243,498$805,607
46$956,998$307,553$184,640$808,806
47$985,485$253,496$121,698$811,097
48$1,014,700$194,613$54,470$812,402
49$1,044,649$130,598$0$812,636
50$1,075,335$61,130$0$814,103
51$1,106,762$0$0$822,530
52$1,138,929$0$0$833,236
53$1,171,835$0$0$857,257
54$1,205,474$0$0$881,807
55$1,239,839$0$0$906,881
56$1,274,918$0$0$932,468
57$1,310,697$0$0$958,558
58$1,347,156$0$0$985,135
59$1,384,271$0$0$1,012,180
60$1,422,013$0$0$1,039,670
61$1,460,345$0$0$1,067,578
62$1,499,226$0$0$1,095,871
63$1,538,605$0$0$1,124,511
64$1,578,425$0$0$1,153,454
65$1,618,616$0$0$1,182,647
66$1,659,102$0$0$1,212,032
67$1,699,792$0$0$1,241,540
68$1,740,584$0$0$1,271,092
69$1,781,360$0$0$1,300,601
70$1,821,987$0$0$1,329,966
71$1,862,314$0$0$1,359,071
72$1,902,170$0$0$1,387,789
73$1,941,364$0$0$1,415,975
74$1,979,679$0$0$1,443,464
75$2,016,871$0$0$1,470,073
76$2,052,667$0$0$1,495,597
77$2,086,762$0$0$1,519,805
78$2,118,814$0$0$1,542,439
79$2,148,439$0$0$1,563,212
80$2,175,212$0$0$1,581,802
81$2,198,657$0$0$1,597,851
82$2,218,242$0$0$1,610,961
83$2,233,377$0$0$1,620,687
84$2,243,406$0$0$1,626,535
85$2,247,597$0$0$1,627,957
86$2,245,140$0$0$1,624,342
87$2,235,134$0$0$1,615,014
88$2,216,578$0$0$1,599,222
89$2,188,364$0$0$1,576,133
90$2,149,261$0$0$1,544,823
91$2,097,906$0$0$1,504,269
92$2,032,790$0$0$1,453,337
93$1,952,241$0$0$1,390,773
94$1,854,407$0$0$1,315,187
95$1,737,239$0$0$1,225,042
96$1,598,471$0$0$1,118,637
97$1,435,597$0$0$994,090
98$1,245,842$0$0$849,323
99$1,026,143$0$0$682,035
100$773,111$0$0$489,685