Can I retire at age 35 with 629,000?

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 $629,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$51,942$51,480$51,028$50,588$50,157$49,946
2 years$25,714$25,235$24,771$24,321$23,884$23,671
3 years$16,972$16,491$16,028$15,583$15,153$14,944
4 years$12,602$12,123$11,665$11,226$10,807$10,605
5 years$9,981$9,505$9,052$8,623$8,216$8,020
6 years$8,234$7,761$7,316$6,896$6,501$6,312
7 years$6,987$6,518$6,079$5,669$5,287$5,105
8 years$6,052$5,587$5,156$4,756$4,386$4,211
9 years$5,325$4,864$4,441$4,051$3,694$3,526
10 years$4,744$4,288$3,871$3,492$3,147$2,987
11 years$4,269$3,817$3,408$3,039$2,707$2,553
12 years$3,873$3,426$3,025$2,666$2,346$2,199
13 years$3,538$3,096$2,702$2,353$2,045$1,905
14 years$3,252$2,814$2,428$2,089$1,793$1,660
15 years$3,004$2,571$2,192$1,863$1,579$1,452
16 years$2,787$2,359$1,988$1,668$1,395$1,274
17 years$2,596$2,172$1,809$1,499$1,237$1,122
18 years$2,426$2,007$1,651$1,351$1,100$991
19 years$2,274$1,860$1,511$1,221$980$877
20 years$2,138$1,729$1,387$1,105$876$778
21 years$2,015$1,610$1,276$1,003$784$691
22 years$1,903$1,503$1,176$912$702$615
23 years$1,801$1,406$1,086$831$631$548
24 years$1,707$1,317$1,004$758$567$489
25 years$1,622$1,236$930$692$510$437
26 years$1,543$1,162$863$633$459$390
27 years$1,470$1,093$801$579$414$349
28 years$1,402$1,030$745$531$374$313
29 years$1,339$972$693$487$337$280
30 years$1,280$918$645$447$305$251
31 years$1,226$868$602$410$276$225
32 years$1,174$821$561$377$249$202
33 years$1,126$778$524$347$226$181
34 years$1,081$737$490$319$204$163
35 years$1,039$699$458$294$185$146
36 years$999$663$428$270$168$131
37 years$961$630$401$249$152$118
38 years$926$599$375$230$138$106
39 years$892$569$352$212$125$95
40 years$860$542$330$195$113$86
41 years$830$516$309$180$103$77
42 years$801$491$290$166$93$69
43 years$773$468$272$153$85$63
44 years$747$446$255$142$77$56
45 years$722$425$240$131$70$51
46 years$699$406$225$121$63$46
47 years$676$387$212$112$58$41
48 years$655$370$199$103$52$37
49 years$634$353$187$95$47$33
50 years$614$337$176$88$43$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $629,000, adding $3,554 every year, while hoping to spend $33,015 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: 61/32/7 Blend
34$629,000$629,000$629,000$629,000
35$696,824$663,487$653,737$738,139
36$732,772$660,870$640,510$763,582
37$771,281$657,019$625,733$787,195
38$812,576$651,837$609,319$812,119
39$856,906$645,224$591,179$838,480
40$904,543$637,073$571,216$866,420
41$955,786$627,269$549,331$896,093
42$1,010,964$615,693$525,422$927,673
43$1,070,437$602,217$499,378$961,351
44$1,134,602$586,706$471,088$997,341
45$1,203,894$569,017$440,431$1,035,878
46$1,278,790$548,998$407,285$1,077,225
47$1,359,817$526,489$371,519$1,121,671
48$1,447,552$501,321$332,999$1,169,538
49$1,542,631$473,314$291,583$1,221,183
50$1,645,752$442,279$247,124$1,277,002
51$1,757,684$408,015$199,467$1,337,432
52$1,879,270$370,310$148,452$1,402,958
53$2,011,440$328,941$93,910$1,474,119
54$2,155,217$283,669$35,666$1,551,509
55$2,311,726$234,245$0$1,635,787
56$2,482,204$180,405$0$1,729,661
57$2,668,013$121,869$0$1,834,933
58$2,870,652$58,342$0$1,949,843
59$3,091,771$0$0$2,075,397
60$3,333,186$0$0$2,216,397
61$3,596,897$0$0$2,392,905
62$3,885,103$0$0$2,585,855
63$4,200,228$0$0$2,796,876
64$4,544,939$0$0$3,027,760
65$4,922,173$0$0$3,280,480
66$5,335,166$0$0$3,557,210
67$5,787,478$0$0$3,860,344
68$6,283,032$0$0$4,192,517
69$6,826,148$0$0$4,556,631
70$7,421,581$0$0$4,955,884
71$8,074,573$0$0$5,393,797
72$8,790,894$0$0$5,874,249
73$9,576,900$0$0$6,401,510
74$10,439,592$0$0$6,980,286
75$11,386,684$0$0$7,615,762
76$12,426,670$0$0$8,313,645
77$13,568,908$0$0$9,080,226
78$14,823,708$0$0$9,922,435
79$16,202,428$0$0$10,847,903
80$17,717,577$0$0$11,865,041
81$19,382,941$0$0$12,983,112
82$21,213,705$0$0$14,212,323
83$23,226,597$0$0$15,563,920
84$25,440,052$0$0$17,050,290
85$27,874,375$0$0$18,685,084
86$30,551,942$0$0$20,483,340
87$33,497,404$0$0$22,461,628
88$36,737,921$0$0$24,638,205
89$40,303,420$0$0$27,033,185
90$44,226,875$0$0$29,668,733
91$48,544,616$0$0$32,569,269
92$53,296,674$0$0$35,761,700
93$58,527,158$0$0$39,275,677
94$64,284,669$0$0$43,143,866
95$70,622,761$0$0$47,402,267
96$77,600,441$0$0$52,090,542
97$85,282,731$0$0$57,252,399
98$93,741,276$0$0$62,935,997
99$103,055,023$0$0$69,194,403
100$113,310,965$0$0$76,086,093