Can I retire at age 35 with 624,000?

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 $624,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$51,529$51,070$50,623$50,185$49,759$49,507
2 years$25,510$25,034$24,574$24,128$23,695$23,441
3 years$16,837$16,360$15,901$15,459$15,033$14,785
4 years$12,502$12,027$11,572$11,137$10,722$10,481
5 years$9,902$9,429$8,980$8,554$8,150$7,918
6 years$8,169$7,699$7,257$6,841$6,449$6,225
7 years$6,931$6,466$6,031$5,624$5,245$5,029
8 years$6,004$5,543$5,115$4,718$4,351$4,144
9 years$5,283$4,826$4,405$4,019$3,664$3,466
10 years$4,706$4,254$3,841$3,464$3,122$2,932
11 years$4,235$3,787$3,381$3,015$2,685$2,504
12 years$3,842$3,399$3,001$2,645$2,327$2,153
13 years$3,510$3,072$2,681$2,335$2,029$1,864
14 years$3,226$2,792$2,409$2,073$1,779$1,621
15 years$2,980$2,551$2,175$1,848$1,566$1,416
16 years$2,765$2,340$1,972$1,655$1,384$1,242
17 years$2,575$2,155$1,794$1,487$1,227$1,092
18 years$2,407$1,991$1,638$1,340$1,091$963
19 years$2,256$1,846$1,499$1,211$973$851
20 years$2,121$1,715$1,376$1,097$869$754
21 years$1,999$1,597$1,266$995$777$669
22 years$1,888$1,491$1,167$905$697$594
23 years$1,786$1,395$1,077$824$626$528
24 years$1,694$1,307$996$752$562$471
25 years$1,609$1,226$923$686$506$420
26 years$1,530$1,153$856$628$456$375
27 years$1,458$1,085$795$575$411$335
28 years$1,391$1,022$739$526$371$299
29 years$1,328$964$687$483$335$267
30 years$1,270$911$640$443$302$239
31 years$1,216$861$597$407$273$214
32 years$1,165$814$557$374$247$192
33 years$1,117$771$520$344$224$172
34 years$1,073$731$486$316$203$154
35 years$1,031$693$454$291$184$138
36 years$991$658$425$268$166$124
37 years$954$625$398$247$151$111
38 years$918$594$372$228$137$100
39 years$885$565$349$210$124$90
40 years$853$537$327$194$112$81
41 years$823$512$307$179$102$72
42 years$794$487$288$165$93$65
43 years$767$464$270$152$84$58
44 years$741$443$253$141$76$52
45 years$717$422$238$130$69$47
46 years$693$403$223$120$63$42
47 years$671$384$210$111$57$38
48 years$649$367$197$102$52$34
49 years$629$350$185$95$47$31
50 years$609$335$174$87$43$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $624,000, adding $4,536 every year, while hoping to spend $29,809 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: 42/28/30 Blend
34$624,000$624,000$624,000$624,000
35$692,327$659,255$649,583$715,164
36$731,228$659,842$639,627$732,679
37$773,097$659,458$628,339$748,512
38$818,207$658,026$615,642$765,102
39$866,855$655,460$601,457$782,537
40$919,369$651,672$585,701$800,918
41$976,107$646,567$568,285$820,355
42$1,037,467$640,045$549,119$840,974
43$1,103,882$632,001$528,108$862,917
44$1,175,830$622,321$505,151$886,339
45$1,253,836$610,886$480,145$911,417
46$1,338,478$597,570$452,981$938,347
47$1,430,391$582,240$423,544$967,349
48$1,530,275$564,753$391,716$998,668
49$1,638,896$544,959$357,372$1,032,577
50$1,757,102$522,701$320,383$1,069,381
51$1,885,823$497,809$280,612$1,109,418
52$2,026,082$470,107$237,918$1,153,068
53$2,179,006$439,407$192,152$1,200,750
54$2,345,837$405,509$143,161$1,252,932
55$2,527,938$368,205$90,782$1,310,135
56$2,726,812$327,272$34,848$1,372,937
57$2,944,114$282,475$0$1,441,980
58$3,181,664$233,567$0$1,525,929
59$3,441,468$180,286$0$1,630,046
60$3,725,733$122,355$0$1,744,103
61$4,036,890$59,482$0$1,869,140
62$4,377,615$0$0$2,006,304
63$4,750,857$0$0$2,159,526
64$5,159,862$0$0$2,347,590
65$5,608,203$0$0$2,553,822
66$6,099,820$0$0$2,780,043
67$6,639,049$0$0$3,028,258
68$7,230,666$0$0$3,300,679
69$7,879,933$0$0$3,599,738
70$8,592,644$0$0$3,928,116
71$9,375,185$0$0$4,288,766
72$10,234,586$0$0$4,684,942
73$11,178,595$0$0$5,120,228
74$12,215,745$0$0$5,598,572
75$13,355,438$0$0$6,124,324
76$14,608,031$0$0$6,702,275
77$15,984,934$0$0$7,337,706
78$17,498,718$0$0$8,036,431
79$19,163,233$0$0$8,804,861
80$20,993,737$0$0$9,650,055
81$23,007,042$0$0$10,579,792
82$25,221,670$0$0$11,602,644
83$27,658,029$0$0$12,728,054
84$30,338,605$0$0$13,966,426
85$33,288,173$0$0$15,329,226
86$36,534,030$0$0$16,829,085
87$40,106,254$0$0$18,479,923
88$44,037,986$0$0$20,297,076
89$48,365,743$0$0$22,297,443
90$53,129,762$0$0$24,499,645
91$58,374,377$0$0$26,924,198
92$64,148,444$0$0$29,593,712
93$70,505,791$0$0$32,533,099
94$77,505,735$0$0$35,769,809
95$85,213,636$0$0$39,334,092
96$93,701,516$0$0$43,259,277
97$103,048,737$0$0$47,582,095
98$113,342,749$0$0$52,343,016
99$124,679,916$0$0$57,586,639
100$137,166,424$0$0$63,362,108