Can I retire at age 35 with 628,000?

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 $628,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$51,860$51,398$50,947$50,507$50,078$48,455
2 years$25,673$25,195$24,732$24,282$23,846$22,227
3 years$16,945$16,465$16,003$15,558$15,129$13,564
4 years$12,582$12,104$11,646$11,209$10,790$9,291
5 years$9,965$9,489$9,038$8,609$8,203$6,773
6 years$8,221$7,749$7,304$6,885$6,490$5,132
7 years$6,976$6,507$6,070$5,660$5,278$3,991
8 years$6,042$5,578$5,147$4,748$4,379$3,161
9 years$5,316$4,857$4,434$4,045$3,688$2,539
10 years$4,736$4,281$3,865$3,486$3,142$2,060
11 years$4,262$3,811$3,403$3,034$2,702$1,685
12 years$3,867$3,421$3,020$2,661$2,342$1,387
13 years$3,533$3,091$2,698$2,350$2,042$1,148
14 years$3,247$2,810$2,424$2,086$1,790$954
15 years$2,999$2,567$2,189$1,860$1,576$795
16 years$2,782$2,355$1,984$1,666$1,393$664
17 years$2,591$2,169$1,806$1,496$1,235$557
18 years$2,422$2,004$1,648$1,349$1,098$467
19 years$2,271$1,857$1,509$1,219$979$393
20 years$2,134$1,726$1,385$1,104$874$330
21 years$2,011$1,608$1,274$1,002$782$278
22 years$1,900$1,501$1,174$911$701$235
23 years$1,798$1,404$1,084$829$630$198
24 years$1,705$1,315$1,003$756$566$167
25 years$1,619$1,234$929$691$509$141
26 years$1,540$1,160$861$632$459$120
27 years$1,467$1,092$800$578$414$101
28 years$1,400$1,029$743$530$373$86
29 years$1,337$970$692$486$337$72
30 years$1,278$916$644$446$304$61
31 years$1,224$866$601$409$275$52
32 years$1,173$820$561$376$249$44
33 years$1,125$776$523$346$225$37
34 years$1,080$736$489$318$204$31
35 years$1,037$698$457$293$185$27
36 years$997$662$428$270$167$23
37 years$960$629$400$249$152$19
38 years$924$598$375$229$138$16
39 years$890$569$351$211$125$14
40 years$859$541$329$195$113$12
41 years$828$515$309$180$103$10
42 years$800$490$290$166$93$8
43 years$772$467$272$153$85$7
44 years$746$445$255$141$77$6
45 years$721$425$239$131$70$5
46 years$698$405$225$121$63$4
47 years$675$387$211$112$57$4
48 years$654$369$199$103$52$3
49 years$633$352$187$95$47$3
50 years$613$337$175$88$43$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $628,000, adding $6,754 every year, while hoping to spend $50,008 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: 51/23/26 Blend
34$628,000$628,000$628,000$628,000
35$699,023$665,739$656,005$729,261
36$717,115$645,152$624,773$730,402
37$735,376$621,880$590,818$726,048
38$753,772$595,739$553,998$720,310
39$772,260$566,534$514,160$713,078
40$790,795$534,058$471,149$704,234
41$809,323$498,094$424,799$693,652
42$827,783$458,410$374,940$681,196
43$846,108$414,763$321,391$666,720
44$864,219$366,895$263,966$650,069
45$882,030$314,533$202,469$631,075
46$899,441$257,389$136,696$609,560
47$916,343$195,160$66,434$585,330
48$932,612$127,525$0$558,178
49$948,108$54,143$0$530,255
50$962,676$0$0$518,772
51$976,143$0$0$511,504
52$988,315$0$0$517,176
53$998,976$0$0$521,961
54$1,007,884$0$0$525,724
55$1,014,771$0$0$528,312
56$1,019,340$0$0$529,557
57$1,021,258$0$0$529,270
58$1,020,158$0$0$527,243
59$1,015,629$0$0$523,245
60$1,007,217$0$0$517,020
61$994,420$0$0$508,282
62$976,677$0$0$496,717
63$953,372$0$0$481,974
64$923,816$0$0$463,668
65$887,252$0$0$441,369
66$842,838$0$0$414,603
67$789,645$0$0$382,846
68$726,642$0$0$345,517
69$652,691$0$0$301,974
70$566,533$0$0$251,509
71$466,775$0$0$193,336
72$351,880$0$0$126,589
73$220,147$0$0$50,310
74$69,696$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0