Can I retire at age 35 with 622,000?

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 $622,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$51,364$50,907$50,460$50,025$49,599$48,578
2 years$25,428$24,954$24,495$24,050$23,619$22,594
3 years$16,783$16,308$15,850$15,409$14,985$13,989
4 years$12,462$11,988$11,535$11,101$10,687$9,728
5 years$9,870$9,399$8,951$8,527$8,124$7,205
6 years$8,143$7,675$7,234$6,819$6,428$5,549
7 years$6,909$6,445$6,012$5,606$5,228$4,390
8 years$5,984$5,525$5,098$4,703$4,337$3,539
9 years$5,266$4,810$4,391$4,006$3,653$2,894
10 years$4,691$4,240$3,828$3,453$3,112$2,393
11 years$4,221$3,775$3,370$3,005$2,677$1,995
12 years$3,830$3,388$2,991$2,636$2,319$1,675
13 years$3,499$3,062$2,672$2,327$2,023$1,414
14 years$3,215$2,783$2,401$2,066$1,773$1,199
15 years$2,970$2,542$2,168$1,842$1,561$1,021
16 years$2,756$2,333$1,966$1,650$1,380$872
17 years$2,567$2,148$1,789$1,482$1,223$746
18 years$2,399$1,985$1,633$1,336$1,088$641
19 years$2,249$1,840$1,495$1,207$970$551
20 years$2,114$1,710$1,372$1,093$866$474
21 years$1,992$1,592$1,262$992$775$409
22 years$1,882$1,486$1,163$902$695$353
23 years$1,781$1,390$1,074$822$624$305
24 years$1,688$1,303$993$749$560$264
25 years$1,604$1,222$920$684$504$228
26 years$1,525$1,149$853$626$454$198
27 years$1,453$1,081$792$573$410$171
28 years$1,386$1,019$736$525$370$149
29 years$1,324$961$685$481$334$129
30 years$1,266$908$638$442$302$112
31 years$1,212$858$595$406$273$97
32 years$1,161$812$555$373$247$84
33 years$1,114$769$518$343$223$73
34 years$1,069$729$484$315$202$63
35 years$1,027$691$453$290$183$55
36 years$988$656$424$267$166$48
37 years$951$623$396$246$150$42
38 years$915$592$371$227$136$36
39 years$882$563$348$209$124$31
40 years$850$536$326$193$112$27
41 years$820$510$306$178$102$24
42 years$792$486$287$164$92$21
43 years$765$463$269$152$84$18
44 years$739$441$253$140$76$16
45 years$714$421$237$129$69$14
46 years$691$401$223$120$63$12
47 years$669$383$209$110$57$10
48 years$647$366$197$102$52$9
49 years$627$349$185$94$47$8
50 years$607$333$174$87$43$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $622,000, adding $6,079 every year, while hoping to spend $41,876 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: 58/26/16 Blend
34$622,000$622,000$622,000$622,000
35$691,714$658,748$649,107$728,635
36$717,714$646,471$626,297$742,059
37$744,961$632,189$601,319$751,558
38$773,540$615,760$574,056$760,947
39$803,541$597,032$544,386$770,223
40$835,062$575,845$512,183$779,386
41$868,208$552,032$477,311$788,433
42$903,097$525,413$439,633$797,369
43$939,854$495,800$399,001$806,197
44$978,616$462,991$355,265$814,927
45$1,019,534$426,776$308,265$823,570
46$1,062,769$386,931$257,835$832,141
47$1,108,501$343,220$203,802$840,662
48$1,156,923$295,393$145,984$849,159
49$1,208,248$243,186$84,193$857,664
50$1,262,708$186,320$18,232$866,218
51$1,320,555$124,502$0$874,868
52$1,382,069$57,419$0$892,576
53$1,447,551$0$0$914,406
54$1,517,335$0$0$941,723
55$1,591,784$0$0$988,423
56$1,671,297$0$0$1,038,331
57$1,756,311$0$0$1,091,726
58$1,847,303$0$0$1,148,914
59$1,944,801$0$0$1,210,228
60$2,049,378$0$0$1,276,037
61$2,161,669$0$0$1,346,742
62$2,282,365$0$0$1,422,787
63$2,412,229$0$0$1,504,656
64$2,552,096$0$0$1,592,884
65$2,702,886$0$0$1,688,056
66$2,865,605$0$0$1,790,815
67$3,041,364$0$0$1,901,868
68$3,231,379$0$0$2,021,994
69$3,436,989$0$0$2,152,045
70$3,659,666$0$0$2,292,962
71$3,901,027$0$0$2,445,777
72$4,162,851$0$0$2,611,625
73$4,447,095$0$0$2,791,755
74$4,755,910$0$0$2,987,542
75$5,091,663$0$0$3,200,496
76$5,456,959$0$0$3,432,281
77$5,854,662$0$0$3,684,726
78$6,287,925$0$0$3,959,844
79$6,760,218$0$0$4,259,852
80$7,275,359$0$0$4,587,188
81$7,837,551$0$0$4,944,536
82$8,451,419$0$0$5,334,851
83$9,122,057$0$0$5,761,387
84$9,855,071$0$0$6,227,724
85$10,656,632$0$0$6,737,806
86$11,533,538$0$0$7,295,975
87$12,493,272$0$0$7,907,010
88$13,544,072$0$0$8,576,176
89$14,695,013$0$0$9,309,271
90$15,956,088$0$0$10,112,679
91$17,338,301$0$0$10,993,431
92$18,853,772$0$0$11,959,272
93$20,515,851$0$0$13,018,730
94$22,339,241$0$0$14,181,201
95$24,340,136$0$0$15,457,033
96$26,536,374$0$0$16,857,624
97$28,947,605$0$0$18,395,530
98$31,595,473$0$0$20,084,584
99$34,503,824$0$0$21,940,021
100$37,698,924$0$0$23,978,627