Can I retire at age 35 with 620,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%19.4%
1 years$51,199$50,743$50,298$49,864$49,440$47,572
2 years$25,346$24,874$24,417$23,973$23,543$21,683
3 years$16,730$16,255$15,799$15,360$14,936$13,143
4 years$12,422$11,949$11,498$11,066$10,653$8,939
5 years$9,838$9,369$8,923$8,500$8,098$6,469
6 years$8,116$7,650$7,211$6,797$6,408$4,864
7 years$6,887$6,425$5,992$5,588$5,211$3,752
8 years$5,965$5,507$5,082$4,688$4,323$2,948
9 years$5,249$4,795$4,377$3,993$3,641$2,347
10 years$4,676$4,226$3,816$3,442$3,102$1,888
11 years$4,207$3,763$3,360$2,996$2,668$1,530
12 years$3,817$3,377$2,982$2,628$2,312$1,248
13 years$3,488$3,052$2,664$2,320$2,016$1,023
14 years$3,205$2,774$2,393$2,059$1,767$841
15 years$2,961$2,534$2,161$1,836$1,556$694
16 years$2,747$2,325$1,959$1,644$1,375$575
17 years$2,558$2,141$1,783$1,477$1,219$476
18 years$2,391$1,979$1,627$1,331$1,084$396
19 years$2,242$1,834$1,490$1,203$966$329
20 years$2,107$1,704$1,367$1,090$863$274
21 years$1,986$1,587$1,258$989$772$228
22 years$1,875$1,482$1,159$899$692$191
23 years$1,775$1,386$1,070$819$622$159
24 years$1,683$1,298$990$747$559$133
25 years$1,598$1,218$917$682$503$111
26 years$1,521$1,145$850$624$453$93
27 years$1,449$1,078$790$571$408$78
28 years$1,382$1,016$734$523$368$65
29 years$1,320$958$683$480$333$54
30 years$1,262$905$636$440$301$45
31 years$1,208$855$593$404$272$38
32 years$1,158$809$553$372$246$32
33 years$1,110$766$517$342$222$27
34 years$1,066$726$483$314$201$22
35 years$1,024$689$451$289$182$19
36 years$985$654$422$267$165$16
37 years$948$621$395$246$150$13
38 years$912$590$370$226$136$11
39 years$879$561$347$209$123$9
40 years$848$534$325$192$112$8
41 years$818$508$305$178$101$6
42 years$789$484$286$164$92$5
43 years$762$461$268$151$83$5
44 years$737$440$252$140$76$4
45 years$712$419$236$129$69$3
46 years$689$400$222$119$62$3
47 years$667$382$209$110$57$2
48 years$645$364$196$102$51$2
49 years$625$348$184$94$47$2
50 years$605$332$173$87$42$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $620,000, adding $2,229 every year, while hoping to spend $21,685 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: 50/32/18 Blend
34$620,000$620,000$620,000$620,000
35$685,539$652,679$643,069$716,286
36$732,392$661,588$641,539$746,653
37$783,296$670,206$639,231$777,218
38$838,643$678,497$636,097$809,968
39$898,862$686,421$632,083$845,119
40$964,426$693,936$627,138$882,905
41$1,035,855$700,996$621,204$923,588
42$1,113,720$707,553$614,223$967,456
43$1,198,653$713,556$606,133$1,014,827
44$1,291,345$718,950$596,868$1,066,054
45$1,392,561$723,677$586,362$1,121,524
46$1,503,140$727,675$574,542$1,181,666
47$1,624,007$730,878$561,336$1,246,954
48$1,756,180$733,215$546,665$1,317,911
49$1,900,780$734,613$530,449$1,395,115
50$2,059,042$734,991$512,601$1,479,203
51$2,232,324$734,265$493,033$1,570,879
52$2,422,124$732,347$471,653$1,670,922
53$2,630,090$729,142$448,362$1,780,189
54$2,858,037$724,547$423,060$1,899,628
55$3,107,965$718,458$395,640$2,030,286
56$3,382,075$710,760$365,992$2,173,316
57$3,682,792$701,333$333,999$2,329,994
58$4,012,789$690,051$299,540$2,501,725
59$4,375,008$676,777$262,488$2,690,064
60$4,772,690$661,370$222,713$2,896,723
61$5,209,405$643,678$180,075$3,123,594
62$5,689,087$623,542$134,430$3,372,763
63$6,216,069$600,790$85,628$3,646,533
64$6,795,124$575,245$33,513$3,947,444
65$7,431,511$546,716$0$4,278,300
66$8,131,023$515,002$0$4,646,440
67$8,900,042$479,892$0$5,058,175
68$9,745,600$441,161$0$5,510,860
69$10,675,444$398,570$0$6,008,686
70$11,698,110$351,871$0$6,556,269
71$12,823,001$300,797$0$7,158,703
72$14,060,479$245,068$0$7,821,603
73$15,421,961$184,389$0$8,551,159
74$16,920,024$118,447$0$9,354,197
75$18,568,527$46,912$0$10,238,242
76$20,382,742$0$0$11,211,591
77$22,379,493$0$0$12,294,154
78$24,577,322$0$0$13,503,993
79$26,996,655$0$0$14,835,845
80$29,660,002$0$0$16,302,111
81$32,592,165$0$0$17,916,456
82$35,820,475$0$0$19,693,937
83$39,375,046$0$0$21,651,146
84$43,289,061$0$0$23,806,367
85$47,599,084$0$0$26,179,744
86$52,345,408$0$0$28,793,477
87$57,572,431$0$0$31,672,027
88$63,329,075$0$0$34,842,351
89$69,669,250$0$0$38,334,151
90$76,652,363$0$0$42,180,158
91$84,343,875$0$0$46,416,439
92$92,815,919$0$0$51,082,738
93$102,147,984$0$0$56,222,853
94$112,427,662$0$0$61,885,044
95$123,751,475$0$0$68,122,493
96$136,225,788$0$0$74,993,806
97$149,967,808$0$0$82,563,561
98$165,106,694$0$0$90,902,923
99$181,784,775$0$0$100,090,313
100$200,158,892$0$0$110,212,149