Can I retire at age 35 with 621,000?

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 $621,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$51,282$50,825$50,379$49,944$49,519$47,781
2 years$25,387$24,914$24,456$24,012$23,581$21,848
3 years$16,757$16,282$15,825$15,384$14,961$13,287
4 years$12,442$11,969$11,516$11,084$10,670$9,069
5 years$9,854$9,384$8,937$8,513$8,111$6,587
6 years$8,129$7,662$7,222$6,808$6,418$4,972
7 years$6,898$6,435$6,002$5,597$5,220$3,851
8 years$5,975$5,516$5,090$4,695$4,330$3,038
9 years$5,257$4,803$4,384$4,000$3,647$2,429
10 years$4,683$4,233$3,822$3,448$3,107$1,963
11 years$4,214$3,769$3,365$3,000$2,672$1,598
12 years$3,824$3,383$2,986$2,632$2,316$1,309
13 years$3,493$3,057$2,668$2,323$2,019$1,078
14 years$3,210$2,779$2,397$2,063$1,770$891
15 years$2,965$2,538$2,164$1,839$1,559$739
16 years$2,751$2,329$1,962$1,647$1,377$615
17 years$2,563$2,145$1,786$1,480$1,221$512
18 years$2,395$1,982$1,630$1,334$1,086$428
19 years$2,245$1,837$1,492$1,205$968$358
20 years$2,111$1,707$1,370$1,091$865$300
21 years$1,989$1,590$1,260$991$774$251
22 years$1,879$1,484$1,161$901$694$211
23 years$1,778$1,388$1,072$820$623$177
24 years$1,686$1,300$991$748$560$148
25 years$1,601$1,220$918$683$504$125
26 years$1,523$1,147$852$625$454$105
27 years$1,451$1,079$791$572$409$88
28 years$1,384$1,017$735$524$369$74
29 years$1,322$960$684$480$333$62
30 years$1,264$906$637$441$301$52
31 years$1,210$857$594$405$272$44
32 years$1,160$811$554$372$246$37
33 years$1,112$768$518$342$223$31
34 years$1,068$728$484$315$202$26
35 years$1,026$690$452$290$183$22
36 years$986$655$423$267$166$19
37 years$949$622$396$246$150$16
38 years$914$591$371$227$136$13
39 years$881$562$347$209$123$11
40 years$849$535$326$193$112$9
41 years$819$509$305$178$102$8
42 years$791$485$286$164$92$7
43 years$764$462$269$152$84$6
44 years$738$440$252$140$76$5
45 years$713$420$237$129$69$4
46 years$690$401$222$119$63$3
47 years$668$382$209$110$57$3
48 years$646$365$196$102$52$2
49 years$626$349$185$94$47$2
50 years$606$333$174$87$43$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $621,000, adding $3,954 every year, while hoping to spend $37,868 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: 38/47/15 Blend
34$621,000$621,000$621,000$621,000
35$688,421$655,508$645,882$711,323
36$718,348$647,336$627,228$719,900
37$750,059$637,495$606,680$725,226
38$783,696$625,863$584,134$730,169
39$819,413$612,310$559,482$734,713
40$857,380$596,700$532,612$738,843
41$897,783$578,889$503,405$742,549
42$940,825$558,723$471,737$745,821
43$986,729$536,040$437,480$748,651
44$1,035,738$510,668$400,498$751,038
45$1,088,119$482,427$360,650$752,980
46$1,144,165$451,124$317,790$754,485
47$1,204,197$416,557$271,764$755,561
48$1,268,568$378,510$222,410$756,227
49$1,337,663$336,758$169,562$756,507
50$1,411,906$291,061$113,044$756,432
51$1,491,762$241,165$52,673$756,044
52$1,577,743$186,803$0$755,397
53$1,670,410$127,693$0$756,436
54$1,770,378$63,537$0$766,478
55$1,878,325$0$0$777,211
56$1,994,994$0$0$791,877
57$2,121,204$0$0$843,357
58$2,257,853$0$0$899,166
59$2,405,929$0$0$959,714
60$2,566,519$0$0$1,025,458
61$2,740,817$0$0$1,096,894
62$2,930,138$0$0$1,174,572
63$3,135,927$0$0$1,259,096
64$3,359,774$0$0$1,351,130
65$3,603,429$0$0$1,451,405
66$3,868,818$0$0$1,560,726
67$4,158,057$0$0$1,679,977
68$4,473,480$0$0$1,810,134
69$4,817,652$0$0$1,952,269
70$5,193,397$0$0$2,107,564
71$5,603,825$0$0$2,277,317
72$6,052,359$0$0$2,462,961
73$6,542,768$0$0$2,666,071
74$7,079,199$0$0$2,888,383
75$7,666,223$0$0$3,131,808
76$8,308,868$0$0$3,398,449
77$9,012,675$0$0$3,690,625
78$9,783,744$0$0$4,010,887
79$10,628,793$0$0$4,362,046
80$11,555,220$0$0$4,747,197
81$12,571,176$0$0$5,169,751
82$13,685,634$0$0$5,633,463
83$14,908,482$0$0$6,142,471
84$16,250,607$0$0$6,701,330
85$17,724,006$0$0$7,315,062
86$19,341,890$0$0$7,989,195
87$21,118,815$0$0$8,729,822
88$23,070,813$0$0$9,543,653
89$25,215,548$0$0$10,438,082
90$27,572,479$0$0$11,421,253
91$30,163,043$0$0$12,502,140
92$33,010,857$0$0$13,690,629
93$36,141,940$0$0$14,997,612
94$39,584,958$0$0$16,435,089
95$43,371,496$0$0$18,016,282
96$47,536,349$0$0$19,755,758
97$52,117,859$0$0$21,669,568
98$57,158,265$0$0$23,775,396
99$62,704,111$0$0$26,092,729
100$68,806,678$0$0$28,643,034