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%17.3%
1 years$52,851$52,380$51,921$51,472$51,034$49,520
2 years$26,164$25,676$25,204$24,746$24,302$22,789
3 years$17,269$16,780$16,309$15,855$15,418$13,953
4 years$12,823$12,335$11,869$11,423$10,996$9,591
5 years$10,156$9,671$9,211$8,774$8,359$7,018
6 years$8,378$7,897$7,443$7,016$6,614$5,338
7 years$7,109$6,632$6,186$5,769$5,379$4,168
8 years$6,158$5,685$5,246$4,839$4,463$3,315
9 years$5,418$4,950$4,518$4,122$3,758$2,674
10 years$4,827$4,363$3,939$3,553$3,202$2,179
11 years$4,343$3,884$3,468$3,092$2,754$1,791
12 years$3,941$3,486$3,078$2,712$2,387$1,481
13 years$3,600$3,150$2,750$2,395$2,081$1,231
14 years$3,309$2,864$2,471$2,126$1,824$1,028
15 years$3,056$2,616$2,231$1,896$1,606$861
16 years$2,835$2,400$2,022$1,697$1,420$723
17 years$2,641$2,210$1,840$1,525$1,259$609
18 years$2,468$2,042$1,680$1,374$1,119$514
19 years$2,314$1,893$1,538$1,242$998$434
20 years$2,175$1,759$1,411$1,125$891$367
21 years$2,050$1,638$1,298$1,021$797$311
22 years$1,936$1,529$1,197$928$715$264
23 years$1,832$1,430$1,105$845$642$224
24 years$1,737$1,340$1,022$771$577$190
25 years$1,650$1,258$946$704$519$162
26 years$1,570$1,182$878$644$467$137
27 years$1,495$1,112$815$589$421$117
28 years$1,426$1,048$758$540$380$99
29 years$1,362$989$705$495$343$85
30 years$1,303$934$657$454$310$72
31 years$1,247$883$612$417$280$61
32 years$1,195$835$571$384$254$52
33 years$1,146$791$533$353$230$44
34 years$1,100$750$498$324$208$38
35 years$1,057$711$466$299$188$32
36 years$1,016$675$436$275$171$28
37 years$978$641$408$253$155$23
38 years$942$609$382$234$140$20
39 years$908$579$358$215$127$17
40 years$875$551$335$199$115$15
41 years$844$525$315$183$105$12
42 years$815$500$295$169$95$11
43 years$787$476$277$156$86$9
44 years$760$454$260$144$78$8
45 years$735$433$244$133$71$7
46 years$711$413$229$123$64$6
47 years$688$394$215$114$59$5
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 $6,167 every year, while hoping to spend $24,572 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: 86/5/9 Blend
34$640,000$640,000$640,000$640,000
35$711,641$677,721$667,801$771,506
36$758,084$684,785$664,028$818,569
37$808,441$691,372$659,305$866,276
38$863,084$697,431$653,574$917,927
39$922,425$702,912$646,775$973,902
40$986,915$707,757$638,845$1,034,621
41$1,057,051$711,907$629,716$1,100,545
42$1,133,378$715,299$619,320$1,172,183
43$1,216,499$717,865$607,584$1,250,094
44$1,307,075$719,534$594,431$1,334,894
45$1,405,835$720,229$579,782$1,427,263
46$1,513,579$719,869$563,554$1,527,947
47$1,631,190$718,369$545,659$1,637,771
48$1,759,639$715,636$526,006$1,757,641
49$1,899,995$711,575$504,500$1,888,558
50$2,053,435$706,083$481,041$2,031,620
51$2,221,254$699,050$455,525$2,188,042
52$2,404,879$690,361$427,843$2,359,159
53$2,605,882$679,893$397,881$2,546,443
54$2,825,992$667,518$365,519$2,751,516
55$3,067,113$653,096$330,634$2,976,165
56$3,331,344$636,484$293,096$3,222,358
57$3,620,996$617,526$252,769$3,492,264
58$3,938,612$596,059$209,512$3,788,273
59$4,286,996$571,912$163,176$4,113,018
60$4,669,235$544,900$113,607$4,469,403
61$5,088,728$514,832$60,644$4,860,623
62$5,549,221$481,501$4,119$5,290,202
63$6,054,840$444,693$0$5,762,023
64$6,610,129$404,179$0$6,285,762
65$7,220,096$359,717$0$6,861,507
66$7,890,254$311,052$0$7,494,078
67$8,626,681$257,914$0$8,189,217
68$9,436,069$200,018$0$8,953,254
69$10,325,793$137,064$0$9,793,162
70$11,303,977$68,733$0$10,716,623
71$12,379,571$0$0$11,732,102
72$13,562,438$0$0$12,849,220
73$14,863,443$0$0$14,082,076
74$16,294,555$0$0$15,438,234
75$17,868,964$0$0$16,930,193
76$19,601,202$0$0$18,571,726
77$21,507,282$0$0$20,378,006
78$23,604,844$0$0$22,365,755
79$25,913,328$0$0$24,553,393
80$28,454,152$0$0$26,961,219
81$31,250,917$0$0$29,611,600
82$34,329,627$0$0$32,529,181
83$37,718,935$0$0$35,741,117
84$41,450,415$0$0$39,277,330
85$45,558,856$0$0$43,170,791
86$50,082,594$0$0$47,457,832
87$55,063,871$0$0$52,178,484
88$60,549,232$0$0$57,376,862
89$66,589,969$0$0$63,101,573
90$73,242,600$0$0$69,406,181
91$80,569,403$0$0$76,349,710
92$88,639,007$0$0$83,997,197
93$97,527,032$0$0$92,420,312
94$107,316,813$0$0$101,698,031
95$118,100,174$0$0$111,917,378
96$129,978,305$0$0$123,174,252
97$143,062,711$0$0$135,574,328
98$157,476,265$0$0$149,234,056
99$173,354,367$0$0$164,281,757
100$190,846,226$0$0$180,858,837