Can I retire at age 35 with 629,000?

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 $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%18.3%
1 years$51,942$51,480$51,028$50,588$50,157$48,474
2 years$25,714$25,235$24,771$24,321$23,884$22,205
3 years$16,972$16,491$16,028$15,583$15,153$13,531
4 years$12,602$12,123$11,665$11,226$10,807$9,254
5 years$9,981$9,505$9,052$8,623$8,216$6,736
6 years$8,234$7,761$7,316$6,896$6,501$5,095
7 years$6,987$6,518$6,079$5,669$5,287$3,956
8 years$6,052$5,587$5,156$4,756$4,386$3,128
9 years$5,325$4,864$4,441$4,051$3,694$2,507
10 years$4,744$4,288$3,871$3,492$3,147$2,031
11 years$4,269$3,817$3,408$3,039$2,707$1,658
12 years$3,873$3,426$3,025$2,666$2,346$1,362
13 years$3,538$3,096$2,702$2,353$2,045$1,125
14 years$3,252$2,814$2,428$2,089$1,793$932
15 years$3,004$2,571$2,192$1,863$1,579$776
16 years$2,787$2,359$1,988$1,668$1,395$647
17 years$2,596$2,172$1,809$1,499$1,237$541
18 years$2,426$2,007$1,651$1,351$1,100$453
19 years$2,274$1,860$1,511$1,221$980$380
20 years$2,138$1,729$1,387$1,105$876$319
21 years$2,015$1,610$1,276$1,003$784$268
22 years$1,903$1,503$1,176$912$702$226
23 years$1,801$1,406$1,086$831$631$190
24 years$1,707$1,317$1,004$758$567$160
25 years$1,622$1,236$930$692$510$135
26 years$1,543$1,162$863$633$459$114
27 years$1,470$1,093$801$579$414$96
28 years$1,402$1,030$745$531$374$81
29 years$1,339$972$693$487$337$68
30 years$1,280$918$645$447$305$58
31 years$1,226$868$602$410$276$49
32 years$1,174$821$561$377$249$41
33 years$1,126$778$524$347$226$35
34 years$1,081$737$490$319$204$29
35 years$1,039$699$458$294$185$25
36 years$999$663$428$270$168$21
37 years$961$630$401$249$152$18
38 years$926$599$375$230$138$15
39 years$892$569$352$212$125$13
40 years$860$542$330$195$113$11
41 years$830$516$309$180$103$9
42 years$801$491$290$166$93$8
43 years$773$468$272$153$85$6
44 years$747$446$255$142$77$5
45 years$722$425$240$131$70$5
46 years$699$406$225$121$63$4
47 years$676$387$212$112$58$3
48 years$655$370$199$103$52$3
49 years$634$353$187$95$47$2
50 years$614$337$176$88$43$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $629,000, adding $6,361 every year, while hoping to spend $34,055 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: 72/18/10 Blend
34$629,000$629,000$629,000$629,000
35$699,719$666,382$656,633$748,313
36$734,856$662,801$642,396$777,708
37$772,436$657,902$626,540$805,060
38$812,672$651,587$608,977$834,077
39$855,797$643,747$589,610$864,916
40$902,068$634,271$568,342$897,750
41$951,767$623,038$545,069$932,767
42$1,005,202$609,922$519,684$970,179
43$1,062,713$594,788$492,073$1,010,217
44$1,124,672$577,494$462,120$1,053,138
45$1,191,487$557,891$429,700$1,099,225
46$1,263,609$535,818$394,685$1,148,792
47$1,341,531$511,107$356,941$1,202,185
48$1,425,796$483,580$316,327$1,259,786
49$1,517,000$453,048$272,697$1,322,019
50$1,615,798$419,311$225,897$1,389,348
51$1,722,912$382,160$175,767$1,462,292
52$1,839,134$341,371$122,140$1,541,418
53$1,965,336$296,708$64,842$1,627,358
54$2,102,477$247,923$3,690$1,720,804
55$2,251,611$194,753$0$1,822,527
56$2,413,899$136,920$0$1,939,942
57$2,590,619$74,131$0$2,068,265
58$2,783,175$6,076$0$2,208,158
59$2,993,113$0$0$2,360,785
60$3,222,136$0$0$2,540,816
61$3,472,116$0$0$2,738,664
62$3,745,116$0$0$2,954,762
63$4,043,406$0$0$3,190,909
64$4,369,485$0$0$3,449,088
65$4,726,103$0$0$3,731,481
66$5,116,291$0$0$4,040,492
67$5,543,383$0$0$4,378,767
68$6,011,054$0$0$4,749,219
69$6,523,349$0$0$5,155,058
70$7,084,721$0$0$5,599,817
71$7,700,076$0$0$6,087,388
72$8,374,819$0$0$6,622,057
73$9,114,899$0$0$7,208,546
74$9,926,871$0$0$7,852,055
75$10,817,956$0$0$8,558,311
76$11,796,106$0$0$9,333,624
77$12,870,080$0$0$10,184,943
78$14,049,529$0$0$11,119,924
79$15,345,083$0$0$12,147,001
80$16,768,453$0$0$13,275,465
81$18,332,538$0$0$14,515,550
82$20,051,552$0$0$15,878,532
83$21,941,151$0$0$17,376,834
84$24,018,587$0$0$19,024,142
85$26,302,863$0$0$20,835,533
86$28,814,919$0$0$22,827,621
87$31,577,822$0$0$25,018,708
88$34,616,992$0$0$27,428,960
89$37,960,430$0$0$30,080,595
90$41,638,993$0$0$32,998,094
91$45,686,678$0$0$36,208,430
92$50,140,942$0$0$39,741,324
93$55,043,060$0$0$43,629,521
94$60,438,507$0$0$47,909,104
95$66,377,393$0$0$52,619,829
96$72,914,931$0$0$57,805,504
97$80,111,960$0$0$63,514,399
98$88,035,517$0$0$69,799,702
99$96,759,469$0$0$76,720,022
100$106,365,211$0$0$84,339,938