Can I retire at age 35 with 634,000?

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 $634,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$52,355$51,889$51,434$50,990$50,556$49,036
2 years$25,918$25,436$24,968$24,514$24,074$22,556
3 years$17,107$16,622$16,156$15,707$15,274$13,804
4 years$12,703$12,219$11,757$11,316$10,893$9,484
5 years$10,060$9,580$9,124$8,692$8,281$6,936
6 years$8,300$7,823$7,374$6,951$6,552$5,273
7 years$7,042$6,570$6,128$5,715$5,329$4,114
8 years$6,100$5,631$5,197$4,794$4,421$3,271
9 years$5,367$4,903$4,476$4,083$3,723$2,636
10 years$4,781$4,322$3,902$3,520$3,172$2,147
11 years$4,302$3,848$3,435$3,063$2,728$1,763
12 years$3,904$3,453$3,049$2,687$2,364$1,457
13 years$3,566$3,121$2,724$2,372$2,062$1,211
14 years$3,278$2,837$2,447$2,106$1,807$1,010
15 years$3,027$2,591$2,210$1,878$1,591$845
16 years$2,809$2,378$2,003$1,681$1,406$710
17 years$2,616$2,190$1,823$1,511$1,247$597
18 years$2,445$2,023$1,664$1,362$1,109$503
19 years$2,292$1,875$1,524$1,230$988$425
20 years$2,155$1,743$1,398$1,114$883$359
21 years$2,031$1,623$1,286$1,011$790$304
22 years$1,918$1,515$1,185$919$708$258
23 years$1,815$1,417$1,094$837$636$219
24 years$1,721$1,328$1,012$764$571$186
25 years$1,635$1,246$937$697$514$158
26 years$1,555$1,171$869$638$463$134
27 years$1,481$1,102$807$584$417$114
28 years$1,413$1,038$751$535$377$97
29 years$1,350$980$698$490$340$82
30 years$1,291$925$651$450$307$70
31 years$1,235$875$607$413$278$59
32 years$1,184$828$566$380$251$51
33 years$1,135$784$528$349$227$43
34 years$1,090$743$494$321$206$37
35 years$1,047$705$462$296$187$31
36 years$1,007$669$432$273$169$27
37 years$969$635$404$251$153$23
38 years$933$604$378$231$139$19
39 years$899$574$355$213$126$16
40 years$867$546$332$197$114$14
41 years$836$520$312$182$104$12
42 years$807$495$292$168$94$10
43 years$780$472$274$155$85$9
44 years$753$450$257$143$77$7
45 years$728$429$242$132$70$6
46 years$704$409$227$122$64$5
47 years$682$390$213$113$58$5
48 years$660$373$200$104$53$4
49 years$639$356$188$96$48$3
50 years$619$340$177$89$43$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $634,000, adding $2,377 every year, while hoping to spend $42,334 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: 51/32/17 Blend
34$634,000$634,000$634,000$634,000
35$701,120$667,518$657,691$733,489
36$727,591$655,183$634,680$743,669
37$755,343$640,825$609,480$750,123
38$784,463$624,300$581,973$756,216
39$815,043$605,456$552,033$761,928
40$847,185$584,131$519,534$767,238
41$881,000$560,155$484,340$772,129
42$916,606$533,347$446,310$776,581
43$954,135$503,516$405,297$780,580
44$993,730$470,461$361,147$784,109
45$1,035,545$433,968$313,700$787,157
46$1,079,749$393,811$262,787$789,713
47$1,126,527$349,752$208,234$791,771
48$1,176,081$301,538$149,858$793,327
49$1,228,630$248,902$87,468$794,382
50$1,284,417$191,565$20,864$794,941
51$1,343,703$129,227$0$795,018
52$1,406,777$61,576$0$803,738
53$1,473,954$0$0$816,650
54$1,545,579$0$0$834,170
55$1,622,031$0$0$876,051
56$1,703,723$0$0$920,843
57$1,791,109$0$0$968,800
58$1,884,687$0$0$1,020,201
59$1,985,003$0$0$1,075,351
60$2,092,655$0$0$1,134,586
61$2,208,302$0$0$1,198,273
62$2,332,663$0$0$1,266,818
63$2,466,532$0$0$1,340,663
64$2,610,777$0$0$1,420,296
65$2,766,354$0$0$1,506,252
66$2,934,312$0$0$1,599,120
67$3,115,804$0$0$1,699,546
68$3,312,097$0$0$1,808,242
69$3,524,584$0$0$1,925,988
70$3,754,797$0$0$2,053,642
71$4,004,418$0$0$2,192,151
72$4,275,300$0$0$2,342,552
73$4,569,478$0$0$2,505,988
74$4,889,193$0$0$2,683,716
75$5,236,908$0$0$2,877,119
76$5,615,333$0$0$3,087,719
77$6,027,453$0$0$3,317,190
78$6,476,548$0$0$3,567,374
79$6,966,231$0$0$3,840,300
80$7,500,478$0$0$4,138,199
81$8,083,664$0$0$4,463,529
82$8,720,607$0$0$4,818,994
83$9,416,608$0$0$5,207,573
84$10,177,507$0$0$5,632,544
85$11,009,730$0$0$6,097,516
86$11,920,354$0$0$6,606,464
87$12,917,172$0$0$7,163,766
88$14,008,766$0$0$7,774,241
89$15,204,584$0$0$8,443,198
90$16,515,034$0$0$9,176,481
91$17,951,577$0$0$9,980,530
92$19,526,835$0$0$10,862,436
93$21,254,712$0$0$11,830,008
94$23,150,521$0$0$12,891,850
95$25,231,129$0$0$14,057,438
96$27,515,115$0$0$15,337,211
97$30,022,946$0$0$16,742,667
98$32,777,166$0$0$18,286,473
99$35,802,611$0$0$19,982,582
100$39,126,640$0$0$21,846,368