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%15.4%
1 years$51,860$51,398$50,947$50,507$50,078$48,966
2 years$25,673$25,195$24,732$24,282$23,846$22,733
3 years$16,945$16,465$16,003$15,558$15,129$14,048
4 years$12,582$12,104$11,646$11,209$10,790$9,749
5 years$9,965$9,489$9,038$8,609$8,203$7,205
6 years$8,221$7,749$7,304$6,885$6,490$5,538
7 years$6,976$6,507$6,070$5,660$5,278$4,370
8 years$6,042$5,578$5,147$4,748$4,379$3,515
9 years$5,316$4,857$4,434$4,045$3,688$2,868
10 years$4,736$4,281$3,865$3,486$3,142$2,365
11 years$4,262$3,811$3,403$3,034$2,702$1,967
12 years$3,867$3,421$3,020$2,661$2,342$1,647
13 years$3,533$3,091$2,698$2,350$2,042$1,387
14 years$3,247$2,810$2,424$2,086$1,790$1,173
15 years$2,999$2,567$2,189$1,860$1,576$996
16 years$2,782$2,355$1,984$1,666$1,393$848
17 years$2,591$2,169$1,806$1,496$1,235$724
18 years$2,422$2,004$1,648$1,349$1,098$619
19 years$2,271$1,857$1,509$1,219$979$531
20 years$2,134$1,726$1,385$1,104$874$456
21 years$2,011$1,608$1,274$1,002$782$392
22 years$1,900$1,501$1,174$911$701$337
23 years$1,798$1,404$1,084$829$630$290
24 years$1,705$1,315$1,003$756$566$250
25 years$1,619$1,234$929$691$509$216
26 years$1,540$1,160$861$632$459$186
27 years$1,467$1,092$800$578$414$161
28 years$1,400$1,029$743$530$373$139
29 years$1,337$970$692$486$337$120
30 years$1,278$916$644$446$304$104
31 years$1,224$866$601$409$275$90
32 years$1,173$820$561$376$249$78
33 years$1,125$776$523$346$225$67
34 years$1,080$736$489$318$204$58
35 years$1,037$698$457$293$185$50
36 years$997$662$428$270$167$44
37 years$960$629$400$249$152$38
38 years$924$598$375$229$138$33
39 years$890$569$351$211$125$28
40 years$859$541$329$195$113$25
41 years$828$515$309$180$103$21
42 years$800$490$290$166$93$18
43 years$772$467$272$153$85$16
44 years$746$445$255$141$77$14
45 years$721$425$239$131$70$12
46 years$698$405$225$121$63$10
47 years$675$387$211$112$57$9
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 $4,844 every year, while hoping to spend $43,496 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: 35/36/29 Blend
34$628,000$628,000$628,000$628,000
35$697,053$663,769$654,035$715,228
36$721,873$650,014$629,665$715,536
37$747,766$634,127$603,022$711,630
38$774,798$615,959$573,982$706,586
39$803,035$595,349$542,419$700,332
40$832,552$572,129$508,198$692,792
41$863,431$546,121$471,180$683,890
42$895,756$517,136$431,220$673,542
43$929,622$484,975$388,165$661,666
44$965,132$449,427$341,857$648,172
45$1,002,395$410,269$292,129$632,971
46$1,041,532$367,264$238,808$615,966
47$1,082,673$320,165$181,713$597,061
48$1,125,960$268,707$120,654$576,153
49$1,171,547$212,613$55,435$553,139
50$1,219,602$151,589$0$527,910
51$1,270,309$85,324$0$504,739
52$1,323,866$13,490$0$497,720
53$1,380,491$0$0$489,633
54$1,440,423$0$0$505,887
55$1,503,920$0$0$528,813
56$1,571,265$0$0$553,174
57$1,642,769$0$0$579,088
58$1,718,771$0$0$606,684
59$1,799,640$0$0$636,103
60$1,885,783$0$0$667,501
61$1,977,644$0$0$701,047
62$2,075,709$0$0$736,926
63$2,180,512$0$0$775,343
64$2,292,637$0$0$816,520
65$2,412,724$0$0$860,704
66$2,541,477$0$0$908,163
67$2,679,666$0$0$959,191
68$2,828,138$0$0$1,014,115
69$2,987,821$0$0$1,073,288
70$3,159,734$0$0$1,137,104
71$3,344,999$0$0$1,205,989
72$3,544,844$0$0$1,280,418
73$3,760,621$0$0$1,360,908
74$3,993,814$0$0$1,448,030
75$4,246,056$0$0$1,542,409
76$4,519,140$0$0$1,644,736
77$4,815,038$0$0$1,755,767
78$5,135,919$0$0$1,876,337
79$5,484,166$0$0$2,007,362
80$5,862,403$0$0$2,149,849
81$6,273,514$0$0$2,304,910
82$6,720,672$0$0$2,473,763
83$7,207,369$0$0$2,657,752
84$7,737,446$0$0$2,858,356
85$8,315,132$0$0$3,077,201
86$8,945,078$0$0$3,316,078
87$9,632,405$0$0$3,576,958
88$10,382,750$0$0$3,862,011
89$11,202,318$0$0$4,173,625
90$12,097,937$0$0$4,514,432
91$13,077,129$0$0$4,887,326
92$14,148,172$0$0$5,295,497
93$15,320,183$0$0$5,742,456
94$16,603,199$0$0$6,232,070
95$18,008,274$0$0$6,768,596
96$19,547,581$0$0$7,356,725
97$21,234,524$0$0$8,001,621
98$23,083,868$0$0$8,708,974
99$25,111,873$0$0$9,485,050
100$27,336,448$0$0$10,336,749