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%16.5%
1 years$51,860$51,398$50,947$50,507$50,078$48,748
2 years$25,673$25,195$24,732$24,282$23,846$22,517
3 years$16,945$16,465$16,003$15,558$15,129$13,840
4 years$12,582$12,104$11,646$11,209$10,790$9,552
5 years$9,965$9,489$9,038$8,609$8,203$7,019
6 years$8,221$7,749$7,304$6,885$6,490$5,362
7 years$6,976$6,507$6,070$5,660$5,278$4,206
8 years$6,042$5,578$5,147$4,748$4,379$3,361
9 years$5,316$4,857$4,434$4,045$3,688$2,724
10 years$4,736$4,281$3,865$3,486$3,142$2,231
11 years$4,262$3,811$3,403$3,034$2,702$1,843
12 years$3,867$3,421$3,020$2,661$2,342$1,532
13 years$3,533$3,091$2,698$2,350$2,042$1,280
14 years$3,247$2,810$2,424$2,086$1,790$1,075
15 years$2,999$2,567$2,189$1,860$1,576$905
16 years$2,782$2,355$1,984$1,666$1,393$765
17 years$2,591$2,169$1,806$1,496$1,235$648
18 years$2,422$2,004$1,648$1,349$1,098$550
19 years$2,271$1,857$1,509$1,219$979$468
20 years$2,134$1,726$1,385$1,104$874$398
21 years$2,011$1,608$1,274$1,002$782$339
22 years$1,900$1,501$1,174$911$701$289
23 years$1,798$1,404$1,084$829$630$247
24 years$1,705$1,315$1,003$756$566$211
25 years$1,619$1,234$929$691$509$181
26 years$1,540$1,160$861$632$459$155
27 years$1,467$1,092$800$578$414$132
28 years$1,400$1,029$743$530$373$113
29 years$1,337$970$692$486$337$97
30 years$1,278$916$644$446$304$83
31 years$1,224$866$601$409$275$71
32 years$1,173$820$561$376$249$61
33 years$1,125$776$523$346$225$52
34 years$1,080$736$489$318$204$45
35 years$1,037$698$457$293$185$39
36 years$997$662$428$270$167$33
37 years$960$629$400$249$152$28
38 years$924$598$375$229$138$24
39 years$890$569$351$211$125$21
40 years$859$541$329$195$113$18
41 years$828$515$309$180$103$15
42 years$800$490$290$166$93$13
43 years$772$467$272$153$85$11
44 years$746$445$255$141$77$10
45 years$721$425$239$131$70$8
46 years$698$405$225$121$63$7
47 years$675$387$211$112$57$6
48 years$654$369$199$103$52$5
49 years$633$352$187$95$47$5
50 years$613$337$175$88$43$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $628,000, adding $6,308 every year, while hoping to spend $35,728 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: 81/8/11 Blend
34$628,000$628,000$628,000$628,000
35$698,563$665,279$655,545$753,320
36$731,802$659,863$639,491$784,727
37$767,234$652,985$621,702$813,863
38$805,045$644,534$602,082$844,785
39$845,438$634,395$580,531$877,655
40$888,638$622,445$556,944$912,650
41$934,888$608,554$531,211$949,965
42$984,457$592,584$503,217$989,816
43$1,037,641$574,389$472,843$1,032,438
44$1,094,761$553,815$439,964$1,078,094
45$1,156,172$530,698$404,449$1,127,073
46$1,222,265$504,865$366,161$1,179,690
47$1,293,466$476,134$324,958$1,236,298
48$1,370,245$444,310$280,690$1,297,281
49$1,453,119$409,190$233,201$1,363,067
50$1,542,653$370,557$182,330$1,434,123
51$1,639,472$328,182$127,906$1,510,969
52$1,744,259$281,824$69,752$1,594,175
53$1,857,768$231,228$7,683$1,684,370
54$1,980,826$176,123$0$1,782,249
55$2,114,343$116,226$0$1,895,451
56$2,259,320$51,236$0$2,019,356
57$2,416,859$0$0$2,154,018
58$2,588,169$0$0$2,302,176
59$2,774,584$0$0$2,468,319
60$2,977,570$0$0$2,649,246
61$3,198,740$0$0$2,846,396
62$3,439,868$0$0$3,061,353
63$3,702,910$0$0$3,295,861
64$3,990,016$0$0$3,551,840
65$4,303,553$0$0$3,831,403
66$4,646,127$0$0$4,136,876
67$5,020,608$0$0$4,470,819
68$5,430,153$0$0$4,836,051
69$5,878,242$0$0$5,235,677
70$6,368,703$0$0$5,673,115
71$6,905,755$0$0$6,152,129
72$7,494,040$0$0$6,676,863
73$8,138,673$0$0$7,251,882
74$8,845,286$0$0$7,882,214
75$9,620,082$0$0$8,573,395
76$10,469,894$0$0$9,331,523
77$11,402,246$0$0$10,163,315
78$12,425,428$0$0$11,076,168
79$13,548,568$0$0$12,078,233
80$14,781,726$0$0$13,178,486
81$16,135,978$0$0$14,386,815
82$17,623,529$0$0$15,714,114
83$19,257,823$0$0$17,172,383
84$21,053,672$0$0$18,774,840
85$23,027,390$0$0$20,536,051
86$25,196,955$0$0$22,472,060
87$27,582,169$0$0$24,600,544
88$30,204,852$0$0$26,940,978
89$33,089,042$0$0$29,514,818
90$36,261,222$0$0$32,345,704
91$39,750,574$0$0$35,459,683
92$43,589,246$0$0$38,885,451
93$47,812,663$0$0$42,654,627
94$52,459,854$0$0$46,802,050
95$57,573,823$0$0$51,366,103
96$63,201,953$0$0$56,389,083
97$69,396,453$0$0$61,917,592
98$76,214,852$0$0$68,002,978
99$83,720,536$0$0$74,701,822
100$91,983,350$0$0$82,076,468