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%17.5%
1 years$51,860$51,398$50,947$50,507$50,078$48,552
2 years$25,673$25,195$24,732$24,282$23,846$22,323
3 years$16,945$16,465$16,003$15,558$15,129$13,655
4 years$12,582$12,104$11,646$11,209$10,790$9,377
5 years$9,965$9,489$9,038$8,609$8,203$6,854
6 years$8,221$7,749$7,304$6,885$6,490$5,207
7 years$6,976$6,507$6,070$5,660$5,278$4,061
8 years$6,042$5,578$5,147$4,748$4,379$3,227
9 years$5,316$4,857$4,434$4,045$3,688$2,599
10 years$4,736$4,281$3,865$3,486$3,142$2,116
11 years$4,262$3,811$3,403$3,034$2,702$1,736
12 years$3,867$3,421$3,020$2,661$2,342$1,434
13 years$3,533$3,091$2,698$2,350$2,042$1,190
14 years$3,247$2,810$2,424$2,086$1,790$992
15 years$2,999$2,567$2,189$1,860$1,576$830
16 years$2,782$2,355$1,984$1,666$1,393$696
17 years$2,591$2,169$1,806$1,496$1,235$586
18 years$2,422$2,004$1,648$1,349$1,098$493
19 years$2,271$1,857$1,509$1,219$979$416
20 years$2,134$1,726$1,385$1,104$874$352
21 years$2,011$1,608$1,274$1,002$782$297
22 years$1,900$1,501$1,174$911$701$252
23 years$1,798$1,404$1,084$829$630$213
24 years$1,705$1,315$1,003$756$566$181
25 years$1,619$1,234$929$691$509$153
26 years$1,540$1,160$861$632$459$130
27 years$1,467$1,092$800$578$414$111
28 years$1,400$1,029$743$530$373$94
29 years$1,337$970$692$486$337$80
30 years$1,278$916$644$446$304$68
31 years$1,224$866$601$409$275$58
32 years$1,173$820$561$376$249$49
33 years$1,125$776$523$346$225$42
34 years$1,080$736$489$318$204$35
35 years$1,037$698$457$293$185$30
36 years$997$662$428$270$167$26
37 years$960$629$400$249$152$22
38 years$924$598$375$229$138$19
39 years$890$569$351$211$125$16
40 years$859$541$329$195$113$13
41 years$828$515$309$180$103$11
42 years$800$490$290$166$93$10
43 years$772$467$272$153$85$8
44 years$746$445$255$141$77$7
45 years$721$425$239$131$70$6
46 years$698$405$225$121$63$5
47 years$675$387$211$112$57$4
48 years$654$369$199$103$52$4
49 years$633$352$187$95$47$3
50 years$613$337$175$88$43$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $628,000, adding $2,795 every year, while hoping to spend $33,528 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: 41/33/26 Blend
34$628,000$628,000$628,000$628,000
35$694,939$661,655$651,921$718,018
36$730,149$658,403$638,087$731,655
37$767,827$653,867$622,666$743,040
38$808,189$647,950$605,568$754,711
39$851,473$640,548$586,703$766,715
40$897,938$631,549$565,972$779,106
41$947,870$620,838$543,275$791,944
42$1,001,583$608,289$518,505$805,300
43$1,059,421$593,772$491,552$819,255
44$1,121,763$577,148$462,299$833,900
45$1,189,023$558,269$430,627$849,340
46$1,261,658$536,979$396,408$865,692
47$1,340,170$513,113$359,510$883,091
48$1,425,110$486,498$319,796$901,689
49$1,517,083$456,948$277,121$921,656
50$1,616,755$424,268$231,334$943,186
51$1,724,859$388,253$182,279$966,496
52$1,842,201$348,683$129,792$991,831
53$1,969,665$305,329$73,700$1,019,465
54$2,108,228$257,946$13,825$1,049,706
55$2,258,959$206,278$0$1,082,899
56$2,423,040$150,053$0$1,133,322
57$2,601,767$88,983$0$1,192,512
58$2,796,570$22,765$0$1,257,169
59$3,009,019$0$0$1,327,893
60$3,240,844$0$0$1,423,113
61$3,493,950$0$0$1,536,175
62$3,770,433$0$0$1,659,758
63$4,072,601$0$0$1,794,903
64$4,402,993$0$0$1,942,758
65$4,764,408$0$0$2,104,584
66$5,159,924$0$0$2,281,772
67$5,592,934$0$0$2,475,853
68$6,067,172$0$0$2,688,512
69$6,586,751$0$0$2,921,606
70$7,156,199$0$0$3,177,180
71$7,780,506$0$0$3,457,486
72$8,465,165$0$0$3,765,005
73$9,216,227$0$0$4,102,469
74$10,040,357$0$0$4,472,886
75$10,944,897$0$0$4,879,574
76$11,937,933$0$0$5,326,183
77$13,028,374$0$0$5,816,736
78$14,226,032$0$0$6,355,665
79$15,541,717$0$0$6,947,851
80$16,987,338$0$0$7,598,674
81$18,576,013$0$0$8,314,058
82$20,322,197$0$0$9,100,532
83$22,241,811$0$0$9,965,286
84$24,352,398$0$0$10,916,246
85$26,673,286$0$0$11,962,140
86$29,225,769$0$0$13,112,587
87$32,033,306$0$0$14,378,184
88$35,121,747$0$0$15,770,608
89$38,519,572$0$0$17,302,723
90$42,258,161$0$0$18,988,705
91$46,372,088$0$0$20,844,171
92$50,899,448$0$0$22,886,332
93$55,882,218$0$0$25,134,148
94$61,366,648$0$0$27,608,515
95$67,403,699$0$0$30,332,453
96$74,049,526$0$0$33,331,331
97$81,366,002$0$0$36,633,101
98$89,421,307$0$0$40,268,564
99$98,290,566$0$0$44,271,659
100$108,056,560$0$0$48,679,784