Can I retire at age 35 with 632,000?

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 $632,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$52,190$51,725$51,272$50,829$50,397$49,684
2 years$25,837$25,355$24,889$24,437$23,998$23,282
3 years$17,053$16,570$16,105$15,657$15,226$14,528
4 years$12,663$12,181$11,720$11,280$10,859$10,185
5 years$10,029$9,550$9,095$8,664$8,255$7,606
6 years$8,273$7,798$7,350$6,929$6,532$5,910
7 years$7,020$6,549$6,108$5,697$5,312$4,717
8 years$6,081$5,614$5,180$4,779$4,407$3,838
9 years$5,350$4,888$4,462$4,070$3,711$3,169
10 years$4,766$4,308$3,890$3,509$3,162$2,645
11 years$4,289$3,835$3,425$3,054$2,720$2,228
12 years$3,891$3,442$3,039$2,678$2,357$1,890
13 years$3,555$3,111$2,715$2,365$2,055$1,613
14 years$3,267$2,828$2,440$2,099$1,801$1,383
15 years$3,018$2,583$2,203$1,872$1,586$1,190
16 years$2,800$2,370$1,997$1,676$1,402$1,028
17 years$2,608$2,183$1,817$1,506$1,243$890
18 years$2,437$2,017$1,659$1,357$1,105$773
19 years$2,285$1,869$1,519$1,226$985$672
20 years$2,148$1,737$1,394$1,111$880$586
21 years$2,024$1,618$1,282$1,008$787$511
22 years$1,912$1,510$1,182$917$706$447
23 years$1,809$1,413$1,091$835$634$391
24 years$1,716$1,323$1,009$761$569$342
25 years$1,629$1,242$935$695$512$300
26 years$1,550$1,167$867$636$462$263
27 years$1,477$1,099$805$582$416$231
28 years$1,409$1,035$748$533$376$203
29 years$1,345$977$696$489$339$178
30 years$1,286$922$649$449$306$157
31 years$1,231$872$605$412$277$138
32 years$1,180$825$564$379$251$121
33 years$1,132$781$527$348$227$107
34 years$1,087$740$492$320$205$94
35 years$1,044$702$460$295$186$83
36 years$1,004$667$430$272$168$73
37 years$966$633$403$250$153$64
38 years$930$602$377$231$138$56
39 years$896$572$353$213$126$50
40 years$864$544$331$196$114$44
41 years$834$518$311$181$103$39
42 years$805$493$291$167$94$34
43 years$777$470$273$154$85$30
44 years$751$448$257$142$77$26
45 years$726$427$241$132$70$23
46 years$702$408$226$121$64$21
47 years$679$389$213$112$58$18
48 years$658$371$200$104$52$16
49 years$637$355$188$96$48$14
50 years$617$339$177$89$43$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $632,000, adding $5,944 every year, while hoping to spend $26,886 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: 54/22/24 Blend
34$632,000$632,000$632,000$632,000
35$702,595$669,099$659,303$735,596
36$745,653$673,279$652,783$763,133
37$792,203$676,762$645,144$789,809
38$842,570$679,486$636,319$818,290
39$897,116$681,385$626,240$848,759
40$956,237$682,388$614,834$881,416
41$1,020,369$682,420$602,026$916,485
42$1,089,989$681,401$587,737$954,213
43$1,165,625$679,247$571,884$994,874
44$1,247,857$675,868$554,379$1,038,769
45$1,337,321$671,169$535,134$1,086,235
46$1,434,720$665,048$514,053$1,137,641
47$1,540,824$657,398$491,037$1,193,398
48$1,656,484$648,106$465,982$1,253,959
49$1,782,633$637,051$438,780$1,319,827
50$1,920,301$624,106$409,319$1,391,555
51$2,070,620$609,136$377,480$1,469,757
52$2,234,837$591,997$343,139$1,555,112
53$2,414,324$572,539$306,167$1,648,370
54$2,610,592$550,600$266,431$1,750,358
55$2,825,304$526,011$223,788$1,861,994
56$3,060,293$498,593$178,093$1,984,290
57$3,317,575$468,156$129,191$2,118,363
58$3,599,371$434,500$76,923$2,265,450
59$3,908,128$397,411$21,120$2,426,916
60$4,246,539$356,667$0$2,604,270
61$4,617,571$312,028$0$2,809,018
62$5,024,492$263,246$0$3,039,569
63$5,470,901$210,056$0$3,292,591
64$5,960,761$152,177$0$3,570,378
65$6,498,440$89,314$0$3,875,458
66$7,088,747$21,157$0$4,210,623
67$7,736,980$0$0$4,578,948
68$8,448,976$0$0$4,996,567
69$9,231,165$0$0$5,461,047
70$10,090,630$0$0$5,971,482
71$11,035,173$0$0$6,532,514
72$12,073,392$0$0$7,149,257
73$13,214,757$0$0$7,827,346
74$14,469,702$0$0$8,572,989
75$15,849,724$0$0$9,393,026
76$17,367,487$0$0$10,294,994
77$19,036,946$0$0$11,287,194
78$20,873,477$0$0$12,378,776
79$22,894,018$0$0$13,579,817
80$25,117,236$0$0$14,901,425
81$27,563,694$0$0$16,355,835
82$30,256,054$0$0$17,956,531
83$33,219,280$0$0$19,718,369
84$36,480,885$0$0$21,657,717
85$40,071,181$0$0$23,792,613
86$44,023,568$0$0$26,142,932
87$48,374,850$0$0$28,730,573
88$53,165,581$0$0$31,579,666
89$58,440,445$0$0$34,716,802
90$64,248,683$0$0$38,171,280
91$70,644,552$0$0$41,975,386
92$77,687,838$0$0$46,164,696
93$85,444,422$0$0$50,778,412
94$93,986,899$0$0$55,859,732
95$103,395,263$0$0$61,456,256
96$113,757,665$0$0$67,620,440
97$125,171,237$0$0$74,410,083
98$137,743,019$0$0$81,888,879
99$151,590,958$0$0$90,127,015
100$166,845,028$0$0$99,201,832