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%16.1%
1 years$52,685$52,216$51,758$51,311$50,875$49,605
2 years$26,082$25,596$25,125$24,669$24,226$22,955
3 years$17,215$16,727$16,258$15,806$15,370$14,137
4 years$12,783$12,296$11,832$11,387$10,962$9,777
5 years$10,124$9,641$9,182$8,746$8,333$7,199
6 years$8,352$7,872$7,420$6,995$6,594$5,512
7 years$7,087$6,611$6,166$5,751$5,363$4,333
8 years$6,138$5,667$5,229$4,824$4,449$3,471
9 years$5,401$4,934$4,504$4,109$3,746$2,819
10 years$4,812$4,349$3,927$3,542$3,192$2,315
11 years$4,330$3,872$3,457$3,083$2,745$1,917
12 years$3,928$3,475$3,068$2,704$2,379$1,598
13 years$3,589$3,140$2,741$2,387$2,075$1,339
14 years$3,298$2,855$2,463$2,119$1,819$1,127
15 years$3,047$2,608$2,224$1,890$1,601$952
16 years$2,827$2,393$2,016$1,692$1,415$807
17 years$2,633$2,203$1,835$1,520$1,255$685
18 years$2,461$2,036$1,675$1,370$1,116$583
19 years$2,307$1,887$1,533$1,238$994$497
20 years$2,168$1,754$1,407$1,121$888$425
21 years$2,043$1,633$1,294$1,018$795$363
22 years$1,930$1,525$1,193$925$713$311
23 years$1,827$1,426$1,101$843$640$266
24 years$1,732$1,336$1,019$769$575$228
25 years$1,645$1,254$943$702$517$196
26 years$1,565$1,178$875$642$466$168
27 years$1,491$1,109$812$587$420$144
28 years$1,422$1,045$755$538$379$124
29 years$1,358$986$703$494$342$107
30 years$1,299$931$655$453$309$92
31 years$1,243$880$610$416$280$79
32 years$1,191$833$569$382$253$68
33 years$1,143$789$532$352$229$58
34 years$1,097$747$497$323$207$50
35 years$1,054$709$464$298$188$43
36 years$1,013$673$435$274$170$37
37 years$975$639$407$253$154$32
38 years$939$607$381$233$140$28
39 years$905$578$357$215$127$24
40 years$872$549$334$198$115$20
41 years$841$523$314$183$104$18
42 years$812$498$294$169$95$15
43 years$784$475$276$156$86$13
44 years$758$452$259$144$78$11
45 years$733$431$243$133$71$10
46 years$709$412$229$123$64$8
47 years$686$393$215$113$58$7
48 years$664$375$202$105$53$6
49 years$643$358$190$97$48$5
50 years$623$342$178$89$44$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $638,000, adding $4,610 every year, while hoping to spend $24,766 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: 29/47/24 Blend
34$638,000$638,000$638,000$638,000
35$707,831$674,017$664,128$722,961
36$753,679$680,693$660,026$741,774
37$803,374$686,866$654,956$759,492
38$857,281$692,486$648,860$778,030
39$915,803$697,497$641,676$797,475
40$979,384$701,843$633,341$817,924
41$1,048,510$705,463$623,787$839,487
42$1,123,718$708,290$612,944$862,286
43$1,205,597$710,256$600,737$886,455
44$1,294,796$711,288$587,091$912,147
45$1,392,030$711,306$571,923$939,533
46$1,498,085$710,227$555,150$968,800
47$1,613,825$707,964$536,683$1,000,161
48$1,740,204$704,422$516,430$1,033,850
49$1,878,268$699,503$494,295$1,070,130
50$2,029,174$693,100$470,175$1,109,292
51$2,194,189$685,102$443,966$1,151,661
52$2,374,715$675,391$415,558$1,197,599
53$2,572,291$663,840$384,834$1,247,508
54$2,788,614$650,317$351,675$1,301,834
55$3,025,551$634,681$315,954$1,361,073
56$3,285,159$616,782$277,541$1,425,776
57$3,569,704$596,463$236,297$1,496,556
58$3,881,680$573,556$192,079$1,574,093
59$4,223,835$547,885$144,738$1,659,139
60$4,599,197$519,261$94,117$1,752,532
61$5,011,098$487,488$40,053$1,855,198
62$5,463,211$452,356$0$1,968,166
63$5,959,580$413,643$0$2,097,093
64$6,504,661$371,115$0$2,249,963
65$7,103,362$324,526$0$2,417,955
66$7,761,090$273,613$0$2,602,668
67$8,483,802$218,101$0$2,805,869
68$9,278,060$157,697$0$3,029,510
69$10,151,092$92,095$0$3,275,750
70$11,110,864$20,968$0$3,546,974
71$12,166,151$0$0$3,845,815
72$13,326,618$0$0$4,204,161
73$14,602,918$0$0$4,610,316
74$16,006,786$0$0$5,057,184
75$17,551,151$0$0$5,548,897
76$19,250,259$0$0$6,090,005
77$21,119,806$0$0$6,685,522
78$23,177,087$0$0$7,340,974
79$25,441,156$0$0$8,062,447
80$27,933,011$0$0$8,856,651
81$30,675,786$0$0$9,730,976
82$33,694,972$0$0$10,693,567
83$37,018,659$0$0$11,753,399
84$40,677,796$0$0$12,920,360
85$44,706,487$0$0$14,205,346
86$49,142,310$0$0$15,620,365
87$54,026,673$0$0$17,178,647
88$59,405,205$0$0$18,894,772
89$65,328,184$0$0$20,784,804
90$71,851,011$0$0$22,866,446
91$79,034,735$0$0$25,159,207
92$86,946,630$0$0$27,684,581
93$95,660,825$0$0$30,466,255
94$105,259,004$0$0$33,530,333
95$115,831,183$0$0$36,905,577
96$127,476,550$0$0$40,623,683
97$140,304,407$0$0$44,719,579
98$154,435,202$0$0$49,231,753
99$170,001,660$0$0$54,202,618
100$187,150,040$0$0$59,678,912