Can I retire at age 35 with 631,000?

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 $631,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$52,107$51,643$51,190$50,748$50,317$48,512
2 years$25,796$25,315$24,850$24,398$23,960$22,162
3 years$17,026$16,544$16,079$15,632$15,201$13,465
4 years$12,642$12,161$11,702$11,262$10,842$9,182
5 years$10,013$9,535$9,081$8,650$8,242$6,662
6 years$8,260$7,786$7,339$6,918$6,521$5,023
7 years$7,009$6,539$6,099$5,687$5,304$3,886
8 years$6,071$5,605$5,172$4,771$4,400$3,062
9 years$5,342$4,880$4,455$4,064$3,705$2,445
10 years$4,759$4,301$3,884$3,503$3,157$1,973
11 years$4,282$3,829$3,419$3,049$2,715$1,605
12 years$3,885$3,437$3,034$2,674$2,353$1,313
13 years$3,549$3,106$2,711$2,361$2,052$1,080
14 years$3,262$2,823$2,436$2,096$1,799$891
15 years$3,013$2,579$2,199$1,869$1,584$738
16 years$2,796$2,366$1,994$1,674$1,400$613
17 years$2,604$2,179$1,814$1,504$1,241$510
18 years$2,434$2,014$1,656$1,355$1,103$425
19 years$2,281$1,866$1,516$1,224$984$355
20 years$2,145$1,734$1,392$1,109$879$297
21 years$2,021$1,615$1,280$1,006$786$248
22 years$1,909$1,508$1,180$915$705$208
23 years$1,806$1,410$1,089$833$633$174
24 years$1,713$1,321$1,007$760$569$146
25 years$1,627$1,240$933$694$512$123
26 years$1,548$1,165$865$635$461$103
27 years$1,474$1,097$804$581$415$86
28 years$1,406$1,034$747$532$375$73
29 years$1,343$975$695$488$339$61
30 years$1,284$921$648$448$306$51
31 years$1,230$870$604$411$277$43
32 years$1,178$824$563$378$250$36
33 years$1,130$780$526$348$226$30
34 years$1,085$739$491$320$205$26
35 years$1,042$701$459$295$186$21
36 years$1,002$666$430$271$168$18
37 years$964$632$402$250$152$15
38 years$929$601$377$230$138$13
39 years$895$571$353$212$125$11
40 years$863$543$331$196$114$9
41 years$832$517$310$181$103$8
42 years$803$493$291$167$94$6
43 years$776$469$273$154$85$5
44 years$750$447$256$142$77$5
45 years$725$427$241$131$70$4
46 years$701$407$226$121$64$3
47 years$678$388$212$112$58$3
48 years$657$371$200$104$52$2
49 years$636$354$188$96$48$2
50 years$616$338$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 $631,000, adding $2,927 every year, while hoping to spend $27,630 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: 75/5/20 Blend
34$631,000$631,000$631,000$631,000
35$698,381$664,938$655,158$747,251
36$740,218$668,122$647,707$783,232
37$785,396$670,536$639,081$818,995
38$834,227$672,113$629,211$857,478
39$887,054$672,782$618,025$898,946
40$944,252$672,467$605,448$943,692
41$1,006,236$671,089$591,401$992,036
42$1,073,462$668,561$575,802$1,044,334
43$1,146,429$664,794$558,566$1,100,976
44$1,225,688$659,693$539,601$1,162,394
45$1,311,844$653,154$518,814$1,229,065
46$1,405,565$645,071$496,107$1,301,512
47$1,507,582$635,329$471,376$1,380,314
48$1,618,702$623,807$444,514$1,466,110
49$1,739,813$610,377$415,408$1,559,603
50$1,871,892$594,903$383,942$1,661,569
51$2,016,013$577,241$349,992$1,772,863
52$2,173,359$557,239$313,430$1,894,430
53$2,345,234$534,736$274,122$2,027,310
54$2,533,071$509,562$231,929$2,172,650
55$2,738,450$481,535$186,703$2,331,716
56$2,963,107$450,466$138,293$2,505,902
57$3,208,958$416,153$86,540$2,696,748
58$3,478,109$378,382$31,277$2,905,950
59$3,772,882$336,928$0$3,135,378
60$4,095,831$291,553$0$3,393,005
61$4,449,772$242,005$0$3,682,703
62$4,837,805$188,019$0$4,000,337
63$5,263,342$129,313$0$4,348,713
64$5,730,145$65,592$0$4,730,925
65$6,242,355$0$0$5,150,377
66$6,804,534$0$0$5,611,015
67$7,421,707$0$0$6,120,701
68$8,099,410$0$0$6,680,402
69$8,843,740$0$0$7,295,158
70$9,661,415$0$0$7,970,519
71$10,559,835$0$0$8,712,601
72$11,547,152$0$0$9,528,143
73$12,632,346$0$0$10,424,565
74$13,825,313$0$0$11,410,047
75$15,136,954$0$0$12,493,595
76$16,579,277$0$0$13,685,137
77$18,165,516$0$0$14,995,608
78$19,910,249$0$0$16,437,056
79$21,829,537$0$0$18,022,757
80$23,941,079$0$0$19,767,337
81$26,264,373$0$0$21,686,911
82$28,820,905$0$0$23,799,236
83$31,634,346$0$0$26,123,875
84$34,730,780$0$0$28,682,388
85$38,138,946$0$0$31,498,526
86$41,890,513$0$0$34,598,461
87$46,020,374$0$0$38,011,033
88$50,566,977$0$0$41,768,019
89$55,572,688$0$0$45,904,433
90$61,084,189$0$0$50,458,858
91$67,152,921$0$0$55,473,807
92$73,835,565$0$0$60,996,128
93$81,194,580$0$0$67,077,441
94$89,298,789$0$0$73,774,629
95$98,224,033$0$0$81,150,372
96$108,053,879$0$0$89,273,739
97$118,880,416$0$0$98,220,839
98$130,805,119$0$0$108,075,540
99$143,939,806$0$0$118,930,260
100$158,407,698$0$0$130,886,839