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%14.1%
1 years$51,364$50,907$50,460$50,025$49,599$48,757
2 years$25,428$24,954$24,495$24,050$23,619$22,773
3 years$16,783$16,308$15,850$15,409$14,985$14,162
4 years$12,462$11,988$11,535$11,101$10,687$9,893
5 years$9,870$9,399$8,951$8,527$8,124$7,362
6 years$8,143$7,675$7,234$6,819$6,428$5,698
7 years$6,909$6,445$6,012$5,606$5,228$4,530
8 years$5,984$5,525$5,098$4,703$4,337$3,671
9 years$5,266$4,810$4,391$4,006$3,653$3,018
10 years$4,691$4,240$3,828$3,453$3,112$2,509
11 years$4,221$3,775$3,370$3,005$2,677$2,104
12 years$3,830$3,388$2,991$2,636$2,319$1,777
13 years$3,499$3,062$2,672$2,327$2,023$1,509
14 years$3,215$2,783$2,401$2,066$1,773$1,288
15 years$2,970$2,542$2,168$1,842$1,561$1,103
16 years$2,756$2,333$1,966$1,650$1,380$948
17 years$2,567$2,148$1,789$1,482$1,223$817
18 years$2,399$1,985$1,633$1,336$1,088$706
19 years$2,249$1,840$1,495$1,207$970$611
20 years$2,114$1,710$1,372$1,093$866$529
21 years$1,992$1,592$1,262$992$775$460
22 years$1,882$1,486$1,163$902$695$399
23 years$1,781$1,390$1,074$822$624$348
24 years$1,688$1,303$993$749$560$303
25 years$1,604$1,222$920$684$504$264
26 years$1,525$1,149$853$626$454$230
27 years$1,453$1,081$792$573$410$201
28 years$1,386$1,019$736$525$370$175
29 years$1,324$961$685$481$334$153
30 years$1,266$908$638$442$302$134
31 years$1,212$858$595$406$273$117
32 years$1,161$812$555$373$247$102
33 years$1,114$769$518$343$223$90
34 years$1,069$729$484$315$202$78
35 years$1,027$691$453$290$183$69
36 years$988$656$424$267$166$60
37 years$951$623$396$246$150$53
38 years$915$592$371$227$136$46
39 years$882$563$348$209$124$40
40 years$850$536$326$193$112$35
41 years$820$510$306$178$102$31
42 years$792$486$287$164$92$27
43 years$765$463$269$152$84$24
44 years$739$441$253$140$76$21
45 years$714$421$237$129$69$18
46 years$691$401$223$120$63$16
47 years$669$383$209$110$57$14
48 years$647$366$197$102$52$12
49 years$627$349$185$94$47$11
50 years$607$333$174$87$43$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $622,000, adding $2,016 every year, while hoping to spend $29,496 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: 89/5/6 Blend
34$622,000$622,000$622,000$622,000
35$687,524$654,558$644,917$748,434
36$726,267$655,247$635,138$789,050
37$767,975$654,982$624,043$829,348
38$812,916$653,685$611,556$872,681
39$861,390$651,272$597,600$919,331
40$913,723$647,655$582,091$969,610
41$970,275$642,743$564,943$1,023,861
42$1,031,441$636,435$546,066$1,082,459
43$1,097,655$628,627$525,367$1,145,821
44$1,169,394$619,209$502,745$1,214,402
45$1,247,185$608,062$478,099$1,288,705
46$1,331,602$595,061$451,320$1,369,282
47$1,423,283$580,076$422,296$1,456,743
48$1,522,924$562,966$390,910$1,551,758
49$1,631,294$543,584$357,037$1,655,065
50$1,749,239$521,772$320,550$1,767,477
51$1,877,687$497,365$281,315$1,889,889
52$2,017,664$470,189$239,192$2,023,287
53$2,170,294$440,056$194,033$2,168,758
54$2,336,818$406,773$145,687$2,327,497
55$2,518,599$370,131$93,993$2,500,822
56$2,717,140$329,911$38,786$2,690,183
57$2,934,094$285,882$0$2,897,181
58$3,171,281$237,800$0$3,124,865
59$3,430,706$185,406$0$3,376,620
60$3,714,574$128,427$0$3,652,111
61$4,025,315$66,575$0$3,953,705
62$4,365,606$0$0$4,284,011
63$4,738,393$0$0$4,645,927
64$5,146,919$0$0$5,046,558
65$5,594,760$0$0$5,485,746
66$6,085,850$0$0$5,967,351
67$6,624,525$0$0$6,495,624
68$7,215,559$0$0$7,075,248
69$7,864,211$0$0$7,711,382
70$8,576,275$0$0$8,409,708
71$9,358,132$0$0$9,176,483
72$10,216,811$0$0$10,018,601
73$11,160,056$0$0$10,943,659
74$12,196,397$0$0$11,960,023
75$13,335,233$0$0$13,076,908
76$14,586,917$0$0$14,304,471
77$15,962,854$0$0$15,653,897
78$17,475,611$0$0$17,137,511
79$19,139,033$0$0$18,768,891
80$20,968,372$0$0$20,562,999
81$22,980,434$0$0$22,536,314
82$25,193,735$0$0$24,706,999
83$27,628,675$0$0$27,095,061
84$30,307,733$0$0$29,722,546
85$33,255,674$0$0$32,613,743
86$36,499,786$0$0$35,795,417
87$40,070,137$0$0$39,297,056
88$43,999,856$0$0$43,151,153
89$48,325,447$0$0$47,393,511
90$53,087,133$0$0$52,063,579
91$58,329,234$0$0$57,204,825
92$64,100,587$0$0$62,865,148
93$70,455,003$0$0$69,097,325
94$77,451,779$0$0$75,959,511
95$85,156,253$0$0$83,515,790
96$93,640,421$0$0$91,836,774
97$102,983,619$0$0$101,000,274
98$113,273,267$0$0$111,092,028
99$124,605,696$0$0$122,206,519
100$137,087,058$0$0$134,447,855