Can I retire at age 35 with 622,000?

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 $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%12.6%
1 years$51,364$50,907$50,460$50,025$49,599$49,061
2 years$25,428$24,954$24,495$24,050$23,619$23,077
3 years$16,783$16,308$15,850$15,409$14,985$14,456
4 years$12,462$11,988$11,535$11,101$10,687$10,175
5 years$9,870$9,399$8,951$8,527$8,124$7,631
6 years$8,143$7,675$7,234$6,819$6,428$5,955
7 years$6,909$6,445$6,012$5,606$5,228$4,774
8 years$5,984$5,525$5,098$4,703$4,337$3,902
9 years$5,266$4,810$4,391$4,006$3,653$3,237
10 years$4,691$4,240$3,828$3,453$3,112$2,716
11 years$4,221$3,775$3,370$3,005$2,677$2,299
12 years$3,830$3,388$2,991$2,636$2,319$1,960
13 years$3,499$3,062$2,672$2,327$2,023$1,681
14 years$3,215$2,783$2,401$2,066$1,773$1,449
15 years$2,970$2,542$2,168$1,842$1,561$1,254
16 years$2,756$2,333$1,966$1,650$1,380$1,089
17 years$2,567$2,148$1,789$1,482$1,223$948
18 years$2,399$1,985$1,633$1,336$1,088$828
19 years$2,249$1,840$1,495$1,207$970$724
20 years$2,114$1,710$1,372$1,093$866$635
21 years$1,992$1,592$1,262$992$775$558
22 years$1,882$1,486$1,163$902$695$490
23 years$1,781$1,390$1,074$822$624$432
24 years$1,688$1,303$993$749$560$380
25 years$1,604$1,222$920$684$504$335
26 years$1,525$1,149$853$626$454$296
27 years$1,453$1,081$792$573$410$262
28 years$1,386$1,019$736$525$370$231
29 years$1,324$961$685$481$334$204
30 years$1,266$908$638$442$302$181
31 years$1,212$858$595$406$273$160
32 years$1,161$812$555$373$247$142
33 years$1,114$769$518$343$223$126
34 years$1,069$729$484$315$202$111
35 years$1,027$691$453$290$183$99
36 years$988$656$424$267$166$87
37 years$951$623$396$246$150$78
38 years$915$592$371$227$136$69
39 years$882$563$348$209$124$61
40 years$850$536$326$193$112$54
41 years$820$510$306$178$102$48
42 years$792$486$287$164$92$43
43 years$765$463$269$152$84$38
44 years$739$441$253$140$76$34
45 years$714$421$237$129$69$30
46 years$691$401$223$120$63$26
47 years$669$383$209$110$57$23
48 years$647$366$197$102$52$21
49 years$627$349$185$94$47$18
50 years$607$333$174$87$43$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $622,000, adding $5,576 every year, while hoping to spend $35,426 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: 76/10/14 Blend
34$622,000$622,000$622,000$622,000
35$691,196$658,230$648,589$741,282
36$724,005$652,790$632,623$769,664
37$758,973$645,896$614,936$795,771
38$796,283$637,440$595,431$823,417
39$836,135$627,306$574,010$852,742
40$878,750$615,373$550,568$883,902
41$924,367$601,511$524,996$917,070
42$973,250$585,583$497,181$952,436
43$1,025,689$567,444$467,005$990,211
44$1,082,002$546,941$434,342$1,030,625
45$1,142,537$523,912$399,063$1,073,937
46$1,207,677$498,185$361,033$1,120,428
47$1,277,842$469,578$320,110$1,170,412
48$1,353,494$437,899$276,145$1,224,233
49$1,435,140$402,946$228,986$1,282,273
50$1,523,337$364,503$178,469$1,344,953
51$1,618,697$322,343$124,428$1,412,736
52$1,721,893$276,227$66,685$1,486,137
53$1,833,664$225,901$5,057$1,565,722
54$1,954,825$171,097$0$1,652,117
55$2,086,270$111,533$0$1,755,080
56$2,228,981$46,910$0$1,867,701
57$2,384,041$0$0$1,990,097
58$2,552,640$0$0$2,125,770
59$2,736,087$0$0$2,279,029
60$2,935,822$0$0$2,445,918
61$3,153,431$0$0$2,627,763
62$3,390,658$0$0$2,826,027
63$3,649,423$0$0$3,042,315
64$3,931,838$0$0$3,278,399
65$4,240,231$0$0$3,536,224
66$4,577,161$0$0$3,817,935
67$4,945,448$0$0$4,125,893
68$5,348,194$0$0$4,462,697
69$5,788,817$0$0$4,831,207
70$6,271,079$0$0$5,234,574
71$6,799,124$0$0$5,676,269
72$7,377,514$0$0$6,160,111
73$8,011,274$0$0$6,690,308
74$8,705,937$0$0$7,271,494
75$9,467,596$0$0$7,908,773
76$10,302,966$0$0$8,607,764
77$11,219,437$0$0$9,374,661
78$12,225,154$0$0$10,216,281
79$13,329,087$0$0$11,140,136
80$14,541,114$0$0$12,154,502
81$15,872,122$0$0$13,268,492
82$17,334,098$0$0$14,492,147
83$18,940,250$0$0$15,836,529
84$20,705,130$0$0$17,313,822
85$22,644,766$0$0$18,937,451
86$24,776,818$0$0$20,722,206
87$27,120,741$0$0$22,684,379
88$29,697,970$0$0$24,841,921
89$32,532,120$0$0$27,214,611
90$35,649,210$0$0$29,824,238
91$39,077,906$0$0$32,694,809
92$42,849,791$0$0$35,852,776
93$46,999,666$0$0$39,327,284
94$51,565,872$0$0$43,150,443
95$56,590,657$0$0$47,357,635
96$62,120,570$0$0$51,987,846
97$68,206,901$0$0$57,084,029
98$74,906,163$0$0$62,693,516
99$82,280,628$0$0$68,868,458
100$90,398,911$0$0$75,666,321