Can I retire at age 35 with 640,000?

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 $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%17.7%
1 years$52,851$52,380$51,921$51,472$51,034$49,440
2 years$26,164$25,676$25,204$24,746$24,302$22,710
3 years$17,269$16,780$16,309$15,855$15,418$13,879
4 years$12,823$12,335$11,869$11,423$10,996$9,521
5 years$10,156$9,671$9,211$8,774$8,359$6,952
6 years$8,378$7,897$7,443$7,016$6,614$5,276
7 years$7,109$6,632$6,186$5,769$5,379$4,110
8 years$6,158$5,685$5,246$4,839$4,463$3,262
9 years$5,418$4,950$4,518$4,122$3,758$2,624
10 years$4,827$4,363$3,939$3,553$3,202$2,133
11 years$4,343$3,884$3,468$3,092$2,754$1,748
12 years$3,941$3,486$3,078$2,712$2,387$1,442
13 years$3,600$3,150$2,750$2,395$2,081$1,196
14 years$3,309$2,864$2,471$2,126$1,824$995
15 years$3,056$2,616$2,231$1,896$1,606$831
16 years$2,835$2,400$2,022$1,697$1,420$696
17 years$2,641$2,210$1,840$1,525$1,259$585
18 years$2,468$2,042$1,680$1,374$1,119$492
19 years$2,314$1,893$1,538$1,242$998$414
20 years$2,175$1,759$1,411$1,125$891$350
21 years$2,050$1,638$1,298$1,021$797$295
22 years$1,936$1,529$1,197$928$715$250
23 years$1,832$1,430$1,105$845$642$211
24 years$1,737$1,340$1,022$771$577$179
25 years$1,650$1,258$946$704$519$151
26 years$1,570$1,182$878$644$467$128
27 years$1,495$1,112$815$589$421$109
28 years$1,426$1,048$758$540$380$92
29 years$1,362$989$705$495$343$78
30 years$1,303$934$657$454$310$66
31 years$1,247$883$612$417$280$56
32 years$1,195$835$571$384$254$48
33 years$1,146$791$533$353$230$41
34 years$1,100$750$498$324$208$34
35 years$1,057$711$466$299$188$29
36 years$1,016$675$436$275$171$25
37 years$978$641$408$253$155$21
38 years$942$609$382$234$140$18
39 years$908$579$358$215$127$15
40 years$875$551$335$199$115$13
41 years$844$525$315$183$105$11
42 years$815$500$295$169$95$9
43 years$787$476$277$156$86$8
44 years$760$454$260$144$78$7
45 years$735$433$244$133$71$6
46 years$711$413$229$123$64$5
47 years$688$394$215$114$59$4
48 years$666$376$202$105$53$4
49 years$645$359$190$97$48$3
50 years$625$343$179$90$44$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $640,000, adding $6,742 every year, while hoping to spend $25,382 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: 75/20/5 Blend
34$640,000$640,000$640,000$640,000
35$712,234$678,314$668,394$764,900
36$757,876$684,546$663,779$806,679
37$807,322$690,231$658,159$848,524
38$860,935$695,318$651,473$893,633
39$919,111$699,749$643,658$942,321
40$982,287$703,464$634,647$994,932
41$1,050,944$706,397$624,371$1,051,846
42$1,125,610$708,481$612,758$1,113,482
43$1,206,868$709,642$599,731$1,180,303
44$1,295,357$709,803$585,211$1,252,815
45$1,391,782$708,882$569,114$1,331,581
46$1,496,918$706,791$551,353$1,417,218
47$1,611,617$703,438$531,837$1,510,407
48$1,736,820$698,723$510,471$1,611,899
49$1,873,558$692,544$487,155$1,722,521
50$2,022,971$684,788$461,784$1,843,184
51$2,186,310$675,339$434,250$1,974,895
52$2,364,956$664,073$404,440$2,118,761
53$2,560,426$650,857$372,233$2,276,003
54$2,774,393$635,553$337,507$2,447,968
55$3,008,698$618,012$300,130$2,636,140
56$3,265,369$598,077$259,967$2,842,155
57$3,546,638$575,585$216,878$3,067,818
58$3,854,964$550,358$170,713$3,315,115
59$4,193,057$522,212$121,318$3,586,240
60$4,563,900$490,951$68,533$3,883,607
61$4,970,777$456,368$12,189$4,209,882
62$5,417,309$418,242$0$4,568,000
63$5,907,482$376,344$0$4,963,756
64$6,445,687$330,426$0$5,399,020
65$7,036,762$280,232$0$5,877,086
66$7,686,035$225,487$0$6,402,301
67$8,399,378$165,902$0$6,979,456
68$9,183,256$101,173$0$7,613,832
69$10,044,794$30,977$0$8,311,250
70$10,991,843$0$0$9,078,125
71$12,033,048$0$0$9,931,441
72$13,177,937$0$0$10,877,255
73$14,437,007$0$0$11,917,425
74$15,821,822$0$0$13,061,510
75$17,345,124$0$0$14,320,039
76$19,020,951$0$0$15,704,615
77$20,864,771$0$0$17,228,022
78$22,893,627$0$0$18,904,345
79$25,126,296$0$0$20,749,103
80$27,583,469$0$0$22,779,397
81$30,287,945$0$0$25,014,068
82$33,264,842$0$0$27,473,878
83$36,541,840$0$0$30,181,702
84$40,149,437$0$0$33,162,747
85$44,121,239$0$0$36,444,787
86$48,494,277$0$0$40,058,428
87$53,309,354$0$0$44,037,394
88$58,611,431$0$0$48,418,843
89$64,450,053$0$0$53,243,723
90$70,879,813$0$0$58,557,156
91$77,960,867$0$0$64,408,859
92$85,759,505$0$0$70,853,621
93$94,348,773$0$0$77,951,813
94$103,809,163$0$0$85,769,961
95$114,229,372$0$0$94,381,372
96$125,707,141$0$0$103,866,828
97$138,350,173$0$0$114,315,344
98$152,277,152$0$0$125,825,014
99$167,618,864$0$0$138,503,929
100$184,519,428$0$0$152,471,204