Can I retire at age 35 with 638,000?

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 $638,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$52,685$52,216$51,758$51,311$50,875$50,073
2 years$26,082$25,596$25,125$24,669$24,226$23,421
3 years$17,215$16,727$16,258$15,806$15,370$14,586
4 years$12,783$12,296$11,832$11,387$10,962$10,205
5 years$10,124$9,641$9,182$8,746$8,333$7,605
6 years$8,352$7,872$7,420$6,995$6,594$5,896
7 years$7,087$6,611$6,166$5,751$5,363$4,695
8 years$6,138$5,667$5,229$4,824$4,449$3,812
9 years$5,401$4,934$4,504$4,109$3,746$3,140
10 years$4,812$4,349$3,927$3,542$3,192$2,615
11 years$4,330$3,872$3,457$3,083$2,745$2,197
12 years$3,928$3,475$3,068$2,704$2,379$1,859
13 years$3,589$3,140$2,741$2,387$2,075$1,582
14 years$3,298$2,855$2,463$2,119$1,819$1,352
15 years$3,047$2,608$2,224$1,890$1,601$1,161
16 years$2,827$2,393$2,016$1,692$1,415$1,000
17 years$2,633$2,203$1,835$1,520$1,255$863
18 years$2,461$2,036$1,675$1,370$1,116$747
19 years$2,307$1,887$1,533$1,238$994$648
20 years$2,168$1,754$1,407$1,121$888$563
21 years$2,043$1,633$1,294$1,018$795$490
22 years$1,930$1,525$1,193$925$713$427
23 years$1,827$1,426$1,101$843$640$372
24 years$1,732$1,336$1,019$769$575$325
25 years$1,645$1,254$943$702$517$284
26 years$1,565$1,178$875$642$466$248
27 years$1,491$1,109$812$587$420$217
28 years$1,422$1,045$755$538$379$190
29 years$1,358$986$703$494$342$167
30 years$1,299$931$655$453$309$146
31 years$1,243$880$610$416$280$128
32 years$1,191$833$569$382$253$112
33 years$1,143$789$532$352$229$98
34 years$1,097$747$497$323$207$86
35 years$1,054$709$464$298$188$76
36 years$1,013$673$435$274$170$66
37 years$975$639$407$253$154$58
38 years$939$607$381$233$140$51
39 years$905$578$357$215$127$45
40 years$872$549$334$198$115$39
41 years$841$523$314$183$104$35
42 years$812$498$294$169$95$30
43 years$784$475$276$156$86$27
44 years$758$452$259$144$78$23
45 years$733$431$243$133$71$21
46 years$709$412$229$123$64$18
47 years$686$393$215$113$58$16
48 years$664$375$202$105$53$14
49 years$643$358$190$97$48$12
50 years$623$342$178$89$44$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $638,000, adding $5,221 every year, while hoping to spend $41,494 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: 76/19/5 Blend
34$638,000$638,000$638,000$638,000
35$708,461$674,647$664,758$761,689
36$736,575$663,556$642,879$786,278
37$766,166$650,530$618,875$807,347
38$797,340$635,432$592,633$829,218
39$830,215$618,114$564,032$851,953
40$864,916$598,421$532,946$875,619
41$901,583$576,188$499,245$900,295
42$940,365$551,243$462,791$926,064
43$981,429$523,400$423,440$953,021
44$1,024,952$492,464$381,044$981,269
45$1,071,133$458,231$335,445$1,010,925
46$1,120,186$420,481$286,479$1,042,117
47$1,172,346$378,986$233,977$1,074,986
48$1,227,870$333,501$177,760$1,109,691
49$1,287,040$283,769$117,642$1,146,407
50$1,350,164$229,520$53,429$1,185,328
51$1,417,579$170,465$0$1,226,669
52$1,489,657$106,302$0$1,271,475
53$1,566,802$36,711$0$1,322,300
54$1,649,460$0$0$1,376,595
55$1,738,118$0$0$1,442,778
56$1,833,313$0$0$1,522,098
57$1,935,631$0$0$1,607,371
58$2,045,719$0$0$1,699,138
59$2,164,284$0$0$1,797,992
60$2,292,105$0$0$1,904,583
61$2,430,036$0$0$2,019,628
62$2,579,016$0$0$2,143,911
63$2,740,077$0$0$2,278,297
64$2,914,354$0$0$2,423,735
65$3,103,093$0$0$2,581,269
66$3,307,664$0$0$2,752,046
67$3,529,575$0$0$2,937,328
68$3,770,485$0$0$3,138,504
69$4,032,215$0$0$3,357,098
70$4,316,771$0$0$3,594,791
71$4,626,360$0$0$3,853,430
72$4,963,410$0$0$4,135,046
73$5,330,591$0$0$4,441,878
74$5,730,843$0$0$4,776,385
75$6,167,402$0$0$5,141,278
76$6,643,829$0$0$5,539,537
77$7,164,042$0$0$5,974,445
78$7,732,357$0$0$6,449,614
79$8,353,525$0$0$6,969,023
80$9,032,774$0$0$7,537,050
81$9,775,863$0$0$8,158,518
82$10,589,132$0$0$8,838,735
83$11,479,562$0$0$9,583,547
84$12,454,843$0$0$10,399,393
85$13,523,439$0$0$11,293,362
86$14,694,675$0$0$12,273,264
87$15,978,821$0$0$13,347,696
88$17,387,186$0$0$14,526,131
89$18,932,228$0$0$15,819,001
90$20,627,668$0$0$17,237,797
91$22,488,620$0$0$18,795,175
92$24,531,733$0$0$20,505,079
93$26,775,345$0$0$22,382,865
94$29,239,659$0$0$24,445,454
95$31,946,929$0$0$26,711,482
96$34,921,673$0$0$29,201,481
97$38,190,900$0$0$31,938,071
98$41,784,366$0$0$34,946,172
99$45,734,851$0$0$38,253,237
100$50,078,474$0$0$41,889,513