Can I retire at age 35 with 628,000?

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 $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%15.2%
1 years$51,860$51,398$50,947$50,507$50,078$49,006
2 years$25,673$25,195$24,732$24,282$23,846$22,772
3 years$16,945$16,465$16,003$15,558$15,129$14,086
4 years$12,582$12,104$11,646$11,209$10,790$9,786
5 years$9,965$9,489$9,038$8,609$8,203$7,240
6 years$8,221$7,749$7,304$6,885$6,490$5,570
7 years$6,976$6,507$6,070$5,660$5,278$4,401
8 years$6,042$5,578$5,147$4,748$4,379$3,544
9 years$5,316$4,857$4,434$4,045$3,688$2,895
10 years$4,736$4,281$3,865$3,486$3,142$2,390
11 years$4,262$3,811$3,403$3,034$2,702$1,991
12 years$3,867$3,421$3,020$2,661$2,342$1,669
13 years$3,533$3,091$2,698$2,350$2,042$1,407
14 years$3,247$2,810$2,424$2,086$1,790$1,192
15 years$2,999$2,567$2,189$1,860$1,576$1,013
16 years$2,782$2,355$1,984$1,666$1,393$864
17 years$2,591$2,169$1,806$1,496$1,235$739
18 years$2,422$2,004$1,648$1,349$1,098$633
19 years$2,271$1,857$1,509$1,219$979$543
20 years$2,134$1,726$1,385$1,104$874$467
21 years$2,011$1,608$1,274$1,002$782$402
22 years$1,900$1,501$1,174$911$701$347
23 years$1,798$1,404$1,084$829$630$299
24 years$1,705$1,315$1,003$756$566$258
25 years$1,619$1,234$929$691$509$223
26 years$1,540$1,160$861$632$459$193
27 years$1,467$1,092$800$578$414$167
28 years$1,400$1,029$743$530$373$144
29 years$1,337$970$692$486$337$125
30 years$1,278$916$644$446$304$108
31 years$1,224$866$601$409$275$94
32 years$1,173$820$561$376$249$81
33 years$1,125$776$523$346$225$71
34 years$1,080$736$489$318$204$61
35 years$1,037$698$457$293$185$53
36 years$997$662$428$270$167$46
37 years$960$629$400$249$152$40
38 years$924$598$375$229$138$35
39 years$890$569$351$211$125$30
40 years$859$541$329$195$113$26
41 years$828$515$309$180$103$23
42 years$800$490$290$166$93$20
43 years$772$467$272$153$85$17
44 years$746$445$255$141$77$15
45 years$721$425$239$131$70$13
46 years$698$405$225$121$63$11
47 years$675$387$211$112$57$10
48 years$654$369$199$103$52$8
49 years$633$352$187$95$47$7
50 years$613$337$175$88$43$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $628,000, adding $5,743 every year, while hoping to spend $29,208 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: 23/48/29 Blend
34$628,000$628,000$628,000$628,000
35$697,980$664,696$654,962$707,564
36$738,097$666,189$645,826$717,843
37$781,327$666,776$635,405$726,028
38$827,956$666,382$623,625$734,175
39$878,300$664,928$610,410$742,301
40$932,705$662,328$595,677$750,426
41$991,551$658,492$579,342$758,577
42$1,055,256$653,325$561,317$766,785
43$1,124,280$646,725$541,509$775,087
44$1,199,128$638,586$519,821$783,528
45$1,280,356$628,794$496,151$792,163
46$1,368,575$617,228$470,395$801,053
47$1,464,458$603,760$442,441$810,271
48$1,568,744$588,255$412,174$819,903
49$1,682,246$570,570$379,473$830,046
50$1,805,861$550,553$344,211$840,813
51$1,940,573$528,045$306,256$852,334
52$2,087,467$502,875$265,471$864,757
53$2,247,737$474,863$221,712$878,250
54$2,422,695$443,821$174,829$893,007
55$2,613,788$409,546$124,664$909,245
56$2,822,608$371,828$71,054$927,213
57$3,050,908$330,441$13,828$947,190
58$3,300,616$285,148$0$969,493
59$3,573,858$235,700$0$1,009,097
60$3,872,973$181,830$0$1,057,301
61$4,200,537$123,261$0$1,110,333
62$4,559,386$59,695$0$1,168,764
63$4,952,646$0$0$1,233,229
64$5,383,757$0$0$1,309,279
65$5,856,508$0$0$1,427,361
66$6,375,074$0$0$1,557,000
67$6,944,051$0$0$1,699,360
68$7,568,503$0$0$1,855,722
69$8,254,008$0$0$2,027,499
70$9,006,711$0$0$2,216,245
71$9,833,380$0$0$2,423,675
72$10,741,470$0$0$2,651,675
73$11,739,195$0$0$2,902,327
74$12,835,605$0$0$3,177,921
75$14,040,667$0$0$3,480,981
76$15,365,365$0$0$3,814,289
77$16,821,796$0$0$4,180,909
78$18,423,293$0$0$4,584,218
79$20,184,541$0$0$5,027,936
80$22,121,721$0$0$5,516,160
81$24,252,662$0$0$6,053,408
82$26,597,006$0$0$6,644,655
83$29,176,397$0$0$7,295,384
84$32,014,680$0$0$8,011,635
85$35,138,130$0$0$8,800,067
86$38,575,698$0$0$9,668,012
87$42,359,282$0$0$10,623,554
88$46,524,031$0$0$11,675,597
89$51,108,673$0$0$12,833,954
90$56,155,884$0$0$14,109,439
91$61,712,684$0$0$15,513,965
92$67,830,889$0$0$17,060,661
93$74,567,592$0$0$18,763,996
94$81,985,703$0$0$20,639,909
95$90,154,547$0$0$22,705,968
96$99,150,512$0$0$24,981,530
97$109,057,771$0$0$27,487,926
98$119,969,078$0$0$30,248,659
99$131,986,643$0$0$33,289,632
100$145,223,092$0$0$36,639,386