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%13.9%
1 years$52,355$51,889$51,434$50,990$50,556$49,739
2 years$25,918$25,436$24,968$24,514$24,074$23,253
3 years$17,107$16,622$16,156$15,707$15,274$14,474
4 years$12,703$12,219$11,757$11,316$10,893$10,122
5 years$10,060$9,580$9,124$8,692$8,281$7,540
6 years$8,300$7,823$7,374$6,951$6,552$5,842
7 years$7,042$6,570$6,128$5,715$5,329$4,650
8 years$6,100$5,631$5,197$4,794$4,421$3,773
9 years$5,367$4,903$4,476$4,083$3,723$3,105
10 years$4,781$4,322$3,902$3,520$3,172$2,585
11 years$4,302$3,848$3,435$3,063$2,728$2,170
12 years$3,904$3,453$3,049$2,687$2,364$1,835
13 years$3,566$3,121$2,724$2,372$2,062$1,561
14 years$3,278$2,837$2,447$2,106$1,807$1,333
15 years$3,027$2,591$2,210$1,878$1,591$1,144
16 years$2,809$2,378$2,003$1,681$1,406$984
17 years$2,616$2,190$1,823$1,511$1,247$849
18 years$2,445$2,023$1,664$1,362$1,109$735
19 years$2,292$1,875$1,524$1,230$988$637
20 years$2,155$1,743$1,398$1,114$883$553
21 years$2,031$1,623$1,286$1,011$790$481
22 years$1,918$1,515$1,185$919$708$419
23 years$1,815$1,417$1,094$837$636$365
24 years$1,721$1,328$1,012$764$571$318
25 years$1,635$1,246$937$697$514$278
26 years$1,555$1,171$869$638$463$243
27 years$1,481$1,102$807$584$417$212
28 years$1,413$1,038$751$535$377$186
29 years$1,350$980$698$490$340$162
30 years$1,291$925$651$450$307$142
31 years$1,235$875$607$413$278$125
32 years$1,184$828$566$380$251$109
33 years$1,135$784$528$349$227$96
34 years$1,090$743$494$321$206$84
35 years$1,047$705$462$296$187$73
36 years$1,007$669$432$273$169$64
37 years$969$635$404$251$153$56
38 years$933$604$378$231$139$50
39 years$899$574$355$213$126$43
40 years$867$546$332$197$114$38
41 years$836$520$312$182$104$33
42 years$807$495$292$168$94$29
43 years$780$472$274$155$85$26
44 years$753$450$257$143$77$23
45 years$728$429$242$132$70$20
46 years$704$409$227$122$64$17
47 years$682$390$213$113$58$15
48 years$660$373$200$104$53$13
49 years$639$356$188$96$48$12
50 years$619$340$177$89$43$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $634,000, adding $5,962 every year, while hoping to spend $34,613 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: 80/12/8 Blend
34$634,000$634,000$634,000$634,000
35$704,818$671,216$661,389$759,989
36$739,881$667,277$646,717$793,067
37$777,361$661,986$630,394$824,198
38$817,467$655,239$612,328$857,321
39$860,430$646,926$592,422$892,616
40$906,502$636,934$570,576$930,283
41$955,959$625,138$546,685$970,543
42$1,009,107$611,409$520,638$1,013,639
43$1,066,278$595,611$492,322$1,059,837
44$1,127,840$577,597$461,616$1,109,433
45$1,194,194$557,214$428,395$1,162,753
46$1,265,783$534,298$392,527$1,220,153
47$1,343,091$508,677$353,875$1,282,030
48$1,426,654$480,170$312,297$1,348,820
49$1,517,056$448,582$267,643$1,421,002
50$1,614,944$413,710$219,757$1,499,108
51$1,721,025$375,339$168,476$1,583,720
52$1,836,079$333,240$113,630$1,675,485
53$1,960,964$287,174$55,040$1,775,111
54$2,096,621$236,884$0$1,883,385
55$2,244,088$182,103$0$2,001,807
56$2,404,505$122,546$0$2,135,750
57$2,579,128$57,914$0$2,281,577
58$2,769,337$0$0$2,440,468
59$2,976,652$0$0$2,615,318
60$3,202,746$0$0$2,814,362
61$3,449,459$0$0$3,031,575
62$3,718,819$0$0$3,268,744
63$4,013,054$0$0$3,527,835
64$4,334,622$0$0$3,811,011
65$4,686,225$0$0$4,120,657
66$5,070,840$0$0$4,459,396
67$5,491,744$0$0$4,830,117
68$5,952,546$0$0$5,236,000
69$6,457,220$0$0$5,680,551
70$7,010,142$0$0$6,167,625
71$7,616,133$0$0$6,701,472
72$8,280,500$0$0$7,286,771
73$9,009,089$0$0$7,928,676
74$9,808,340$0$0$8,632,863
75$10,685,345$0$0$9,405,584
76$11,647,915$0$0$10,253,725
77$12,704,657$0$0$11,184,874
78$13,865,048$0$0$12,207,385
79$15,139,532$0$0$13,330,465
80$16,539,611$0$0$14,564,254
81$18,077,958$0$0$15,919,922
82$19,768,532$0$0$17,409,778
83$21,626,713$0$0$19,047,378
84$23,669,445$0$0$20,847,661
85$25,915,395$0$0$22,827,082
86$28,385,129$0$0$25,003,772
87$31,101,307$0$0$27,397,706
88$34,088,894$0$0$30,030,894
89$37,375,394$0$0$32,927,584
90$40,991,115$0$0$36,114,493
91$44,969,447$0$0$39,621,057
92$49,347,182$0$0$43,479,712
93$54,164,858$0$0$47,726,195
94$59,467,141$0$0$52,399,884
95$65,303,247$0$0$57,544,165
96$71,727,406$0$0$63,206,847
97$78,799,370$0$0$69,440,608
98$86,584,981$0$0$76,303,492
99$95,156,790$0$0$83,859,458
100$104,594,737$0$0$92,178,983