Can I retire at age 35 with 640,000?

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 $640,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$52,851$52,380$51,921$51,472$51,034$50,777
2 years$26,164$25,676$25,204$24,746$24,302$24,042
3 years$17,269$16,780$16,309$15,855$15,418$15,164
4 years$12,823$12,335$11,869$11,423$10,996$10,750
5 years$10,156$9,671$9,211$8,774$8,359$8,121
6 years$8,378$7,897$7,443$7,016$6,614$6,385
7 years$7,109$6,632$6,186$5,769$5,379$5,158
8 years$6,158$5,685$5,246$4,839$4,463$4,250
9 years$5,418$4,950$4,518$4,122$3,758$3,555
10 years$4,827$4,363$3,939$3,553$3,202$3,007
11 years$4,343$3,884$3,468$3,092$2,754$2,568
12 years$3,941$3,486$3,078$2,712$2,387$2,209
13 years$3,600$3,150$2,750$2,395$2,081$1,911
14 years$3,309$2,864$2,471$2,126$1,824$1,663
15 years$3,056$2,616$2,231$1,896$1,606$1,452
16 years$2,835$2,400$2,022$1,697$1,420$1,273
17 years$2,641$2,210$1,840$1,525$1,259$1,120
18 years$2,468$2,042$1,680$1,374$1,119$987
19 years$2,314$1,893$1,538$1,242$998$873
20 years$2,175$1,759$1,411$1,125$891$773
21 years$2,050$1,638$1,298$1,021$797$686
22 years$1,936$1,529$1,197$928$715$609
23 years$1,832$1,430$1,105$845$642$542
24 years$1,737$1,340$1,022$771$577$483
25 years$1,650$1,258$946$704$519$430
26 years$1,570$1,182$878$644$467$384
27 years$1,495$1,112$815$589$421$343
28 years$1,426$1,048$758$540$380$307
29 years$1,362$989$705$495$343$274
30 years$1,303$934$657$454$310$246
31 years$1,247$883$612$417$280$220
32 years$1,195$835$571$384$254$197
33 years$1,146$791$533$353$230$176
34 years$1,100$750$498$324$208$158
35 years$1,057$711$466$299$188$142
36 years$1,016$675$436$275$171$127
37 years$978$641$408$253$155$114
38 years$942$609$382$234$140$102
39 years$908$579$358$215$127$92
40 years$875$551$335$199$115$83
41 years$844$525$315$183$105$74
42 years$815$500$295$169$95$67
43 years$787$476$277$156$86$60
44 years$760$454$260$144$78$54
45 years$735$433$244$133$71$48
46 years$711$413$229$123$64$43
47 years$688$394$215$114$59$39
48 years$666$376$202$105$53$35
49 years$645$359$190$97$48$31
50 years$625$343$179$90$44$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $640,000, adding $6,027 every year, while hoping to spend $31,256 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: 58/36/6 Blend
34$640,000$640,000$640,000$640,000
35$711,497$677,577$667,657$751,552
36$750,813$677,522$656,767$779,096
37$793,093$676,417$644,465$805,022
38$838,604$674,177$630,671$832,495
39$887,643$670,713$615,299$861,665
40$940,533$665,929$598,263$892,698
41$997,633$659,725$579,470$925,779
42$1,059,334$651,994$558,825$961,113
43$1,126,067$642,622$536,226$998,924
44$1,198,304$631,489$511,568$1,039,465
45$1,276,567$618,468$484,742$1,083,013
46$1,361,429$603,425$455,632$1,129,876
47$1,453,517$586,215$424,119$1,180,395
48$1,553,525$566,689$390,076$1,234,947
49$1,662,215$544,687$353,373$1,293,952
50$1,780,422$520,038$313,873$1,357,871
51$1,909,070$492,564$271,432$1,427,218
52$2,049,171$462,077$225,902$1,502,560
53$2,201,843$428,374$177,125$1,584,525
54$2,368,312$391,246$124,940$1,673,808
55$2,549,930$350,467$69,176$1,771,178
56$2,748,185$305,802$9,655$1,877,485
57$2,964,713$257,000$0$1,993,670
58$3,201,319$203,797$0$2,124,222
59$3,459,985$145,916$0$2,267,728
60$3,742,898$83,060$0$2,424,854
61$4,052,463$14,919$0$2,597,019
62$4,391,329$0$0$2,785,794
63$4,762,412$0$0$3,016,219
64$5,168,926$0$0$3,275,174
65$5,614,408$0$0$3,559,007
66$6,102,754$0$0$3,870,209
67$6,638,256$0$0$4,211,522
68$7,225,638$0$0$4,585,964
69$7,870,107$0$0$4,996,864
70$8,577,397$0$0$5,447,883
71$9,353,824$0$0$5,943,059
72$10,206,344$0$0$6,486,837
73$11,142,622$0$0$7,084,114
74$12,171,100$0$0$7,740,285
75$13,301,079$0$0$8,461,294
76$14,542,804$0$0$9,253,688
77$15,907,563$0$0$10,124,680
78$17,407,792$0$0$11,082,218
79$19,057,189$0$0$12,135,056
80$20,870,850$0$0$13,292,841
81$22,865,405$0$0$14,566,201
82$25,059,174$0$0$15,966,844
83$27,472,345$0$0$17,507,672
84$30,127,158$0$0$19,202,899
85$33,048,121$0$0$21,068,187
86$36,262,234$0$0$23,120,792
87$39,799,248$0$0$25,379,727
88$43,691,942$0$0$27,865,943
89$47,976,436$0$0$30,602,524
90$52,692,527$0$0$33,614,905
91$57,884,068$0$0$36,931,113
92$63,599,380$0$0$40,582,030
93$69,891,703$0$0$44,601,685
94$76,819,707$0$0$49,027,573
95$84,448,038$0$0$53,901,013
96$92,847,929$0$0$59,267,531
97$102,097,874$0$0$65,177,296
98$112,284,366$0$0$71,685,587
99$123,502,714$0$0$78,853,321
100$135,857,942$0$0$86,747,621