Can I retire at age 35 with 638,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%11.3%
1 years$52,685$52,216$51,758$51,311$50,875$50,597
2 years$26,082$25,596$25,125$24,669$24,226$23,945
3 years$17,215$16,727$16,258$15,806$15,370$15,096
4 years$12,783$12,296$11,832$11,387$10,962$10,696
5 years$10,124$9,641$9,182$8,746$8,333$8,076
6 years$8,352$7,872$7,420$6,995$6,594$6,346
7 years$7,087$6,611$6,166$5,751$5,363$5,124
8 years$6,138$5,667$5,229$4,824$4,449$4,220
9 years$5,401$4,934$4,504$4,109$3,746$3,527
10 years$4,812$4,349$3,927$3,542$3,192$2,982
11 years$4,330$3,872$3,457$3,083$2,745$2,545
12 years$3,928$3,475$3,068$2,704$2,379$2,188
13 years$3,589$3,140$2,741$2,387$2,075$1,892
14 years$3,298$2,855$2,463$2,119$1,819$1,645
15 years$3,047$2,608$2,224$1,890$1,601$1,436
16 years$2,827$2,393$2,016$1,692$1,415$1,258
17 years$2,633$2,203$1,835$1,520$1,255$1,105
18 years$2,461$2,036$1,675$1,370$1,116$974
19 years$2,307$1,887$1,533$1,238$994$860
20 years$2,168$1,754$1,407$1,121$888$761
21 years$2,043$1,633$1,294$1,018$795$675
22 years$1,930$1,525$1,193$925$713$599
23 years$1,827$1,426$1,101$843$640$533
24 years$1,732$1,336$1,019$769$575$474
25 years$1,645$1,254$943$702$517$422
26 years$1,565$1,178$875$642$466$377
27 years$1,491$1,109$812$587$420$336
28 years$1,422$1,045$755$538$379$300
29 years$1,358$986$703$494$342$268
30 years$1,299$931$655$453$309$240
31 years$1,243$880$610$416$280$215
32 years$1,191$833$569$382$253$192
33 years$1,143$789$532$352$229$172
34 years$1,097$747$497$323$207$154
35 years$1,054$709$464$298$188$138
36 years$1,013$673$435$274$170$124
37 years$975$639$407$253$154$111
38 years$939$607$381$233$140$100
39 years$905$578$357$215$127$89
40 years$872$549$334$198$115$80
41 years$841$523$314$183$104$72
42 years$812$498$294$169$95$64
43 years$784$475$276$156$86$58
44 years$758$452$259$144$78$52
45 years$733$431$243$133$71$47
46 years$709$412$229$123$64$42
47 years$686$393$215$113$58$38
48 years$664$375$202$105$53$34
49 years$643$358$190$97$48$30
50 years$623$342$178$89$44$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $638,000, adding $5,263 every year, while hoping to spend $39,187 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: 61/30/9 Blend
34$638,000$638,000$638,000$638,000
35$708,505$674,691$664,802$749,999
36$739,078$666,056$645,378$769,793
37$771,455$655,685$623,990$786,410
38$805,781$643,450$600,531$803,561
39$842,211$629,219$574,889$821,297
40$880,914$612,849$546,946$839,679
41$922,079$594,190$516,580$858,773
42$965,909$573,084$483,663$878,655
43$1,012,627$549,360$448,061$899,410
44$1,062,479$522,843$409,635$921,132
45$1,115,733$493,343$368,239$943,931
46$1,172,682$460,661$323,719$967,926
47$1,233,649$424,587$275,918$993,254
48$1,298,988$384,898$224,667$1,020,066
49$1,369,085$341,359$169,794$1,048,533
50$1,444,367$293,720$111,117$1,078,847
51$1,525,300$241,720$48,447$1,111,220
52$1,612,396$185,081$0$1,145,891
53$1,706,220$123,508$0$1,184,899
54$1,807,388$56,694$0$1,231,851
55$1,916,580$0$0$1,282,443
56$2,034,542$0$0$1,342,247
57$2,162,094$0$0$1,427,190
58$2,300,137$0$0$1,519,159
59$2,449,662$0$0$1,618,821
60$2,611,758$0$0$1,726,907
61$2,787,624$0$0$1,844,221
62$2,978,576$0$0$1,971,648
63$3,186,063$0$0$2,110,161
64$3,411,680$0$0$2,260,831
65$3,657,180$0$0$2,424,835
66$3,924,492$0$0$2,603,469
67$4,215,740$0$0$2,798,160
68$4,533,260$0$0$3,010,477
69$4,879,624$0$0$3,242,149
70$5,257,662$0$0$3,495,076
71$5,670,490$0$0$3,771,351
72$6,121,537$0$0$4,073,280
73$6,614,580$0$0$4,403,398
74$7,153,776$0$0$4,764,500
75$7,743,702$0$0$5,159,661
76$8,389,398$0$0$5,592,268
77$9,096,414$0$0$6,066,050
78$9,870,862$0$0$6,585,113
79$10,719,471$0$0$7,153,982
80$11,649,654$0$0$7,777,636
81$12,669,576$0$0$8,461,563
82$13,788,226$0$0$9,211,804
83$15,015,509$0$0$10,035,015
84$16,362,333$0$0$10,938,528
85$17,840,713$0$0$11,930,417
86$19,463,885$0$0$13,019,577
87$21,246,427$0$0$14,215,808
88$23,204,402$0$0$15,529,904
89$25,355,502$0$0$16,973,757
90$27,719,217$0$0$18,560,466
91$30,317,022$0$0$20,304,464
92$33,172,571$0$0$22,221,652
93$36,311,928$0$0$24,329,545
94$39,763,805$0$0$26,647,444
95$43,559,838$0$0$29,196,612
96$47,734,880$0$0$32,000,476
97$52,327,332$0$0$35,084,846
98$57,379,504$0$0$38,478,162
99$62,938,014$0$0$42,211,759
100$69,054,225$0$0$46,320,160