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%11%
1 years$52,190$51,725$51,272$50,829$50,397$50,184
2 years$25,837$25,355$24,889$24,437$23,998$23,784
3 years$17,053$16,570$16,105$15,657$15,226$15,016
4 years$12,663$12,181$11,720$11,280$10,859$10,655
5 years$10,029$9,550$9,095$8,664$8,255$8,058
6 years$8,273$7,798$7,350$6,929$6,532$6,342
7 years$7,020$6,549$6,108$5,697$5,312$5,130
8 years$6,081$5,614$5,180$4,779$4,407$4,232
9 years$5,350$4,888$4,462$4,070$3,711$3,543
10 years$4,766$4,308$3,890$3,509$3,162$3,001
11 years$4,289$3,835$3,425$3,054$2,720$2,565
12 years$3,891$3,442$3,039$2,678$2,357$2,209
13 years$3,555$3,111$2,715$2,365$2,055$1,915
14 years$3,267$2,828$2,440$2,099$1,801$1,668
15 years$3,018$2,583$2,203$1,872$1,586$1,459
16 years$2,800$2,370$1,997$1,676$1,402$1,281
17 years$2,608$2,183$1,817$1,506$1,243$1,128
18 years$2,437$2,017$1,659$1,357$1,105$996
19 years$2,285$1,869$1,519$1,226$985$881
20 years$2,148$1,737$1,394$1,111$880$782
21 years$2,024$1,618$1,282$1,008$787$694
22 years$1,912$1,510$1,182$917$706$618
23 years$1,809$1,413$1,091$835$634$551
24 years$1,716$1,323$1,009$761$569$491
25 years$1,629$1,242$935$695$512$439
26 years$1,550$1,167$867$636$462$392
27 years$1,477$1,099$805$582$416$351
28 years$1,409$1,035$748$533$376$314
29 years$1,345$977$696$489$339$281
30 years$1,286$922$649$449$306$252
31 years$1,231$872$605$412$277$226
32 years$1,180$825$564$379$251$203
33 years$1,132$781$527$348$227$182
34 years$1,087$740$492$320$205$164
35 years$1,044$702$460$295$186$147
36 years$1,004$667$430$272$168$132
37 years$966$633$403$250$153$119
38 years$930$602$377$231$138$107
39 years$896$572$353$213$126$96
40 years$864$544$331$196$114$86
41 years$834$518$311$181$103$78
42 years$805$493$291$167$94$70
43 years$777$470$273$154$85$63
44 years$751$448$257$142$77$57
45 years$726$427$241$132$70$51
46 years$702$408$226$121$64$46
47 years$679$389$213$112$58$41
48 years$658$371$200$104$52$37
49 years$637$355$188$96$48$33
50 years$617$339$177$89$43$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $632,000, adding $3,239 every year, while hoping to spend $29,176 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: 56/30/14 Blend
34$632,000$632,000$632,000$632,000
35$699,805$666,309$656,513$736,286
36$740,142$667,915$647,463$763,006
37$783,616$668,622$637,132$788,637
38$830,515$668,355$625,447$815,882
39$881,157$667,034$612,329$844,900
40$935,892$664,576$597,699$875,870
41$995,103$660,890$581,472$908,987
42$1,059,212$655,881$563,559$944,469
43$1,128,681$649,450$543,868$982,557
44$1,204,022$641,488$522,303$1,023,518
45$1,285,794$631,883$498,762$1,067,648
46$1,374,614$620,514$473,140$1,115,275
47$1,471,161$607,255$445,326$1,166,761
48$1,576,179$591,971$415,204$1,222,507
49$1,690,491$574,519$382,655$1,282,958
50$1,815,000$554,749$347,552$1,348,606
51$1,950,698$532,500$309,764$1,419,994
52$2,098,681$507,604$269,153$1,497,726
53$2,260,152$479,882$225,575$1,582,466
54$2,436,436$449,145$178,880$1,674,952
55$2,628,992$415,193$128,912$1,775,999
56$2,839,426$377,814$75,508$1,886,507
57$3,069,507$336,786$18,496$2,007,472
58$3,321,179$291,872$0$2,139,997
59$3,596,588$242,822$0$2,291,623
60$3,898,093$189,373$0$2,460,732
61$4,228,293$131,247$0$2,646,072
62$4,590,050$68,149$0$2,849,318
63$4,986,517$0$0$3,072,317
64$5,421,163$0$0$3,317,184
65$5,897,814$0$0$3,610,442
66$6,420,679$0$0$3,932,192
67$6,994,396$0$0$4,285,295
68$7,624,076$0$0$4,672,904
69$8,315,345$0$0$5,098,490
70$9,074,401$0$0$5,565,877
71$9,908,075$0$0$6,079,279
72$10,823,888$0$0$6,643,337
73$11,830,128$0$0$7,263,164
74$12,935,923$0$0$7,944,393
75$14,151,332$0$0$8,693,229
76$15,487,435$0$0$9,516,510
77$16,956,439$0$0$10,421,767
78$18,571,794$0$0$11,417,300
79$20,348,318$0$0$12,512,251
80$22,302,337$0$0$13,716,695
81$24,451,839$0$0$15,041,730
82$26,816,641$0$0$16,499,585
83$29,418,581$0$0$18,103,734
84$32,281,717$0$0$19,869,025
85$35,432,561$0$0$21,811,815
86$38,900,321$0$0$23,950,127
87$42,717,182$0$0$26,303,824
88$46,918,608$0$0$28,894,786
89$51,543,673$0$0$31,747,129
90$56,635,435$0$0$34,887,420
91$62,241,338$0$0$38,344,936
92$68,413,659$0$0$42,151,937
93$75,210,003$0$0$46,343,971
94$82,693,847$0$0$50,960,207
95$90,935,133$0$0$56,043,808
96$100,010,936$0$0$61,642,334
97$110,006,185$0$0$67,808,194
98$121,014,463$0$0$74,599,140
99$133,138,897$0$0$82,078,810
100$146,493,124$0$0$90,317,328