Can I retire at age 35 with 641,000?

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 $641,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$52,933$52,462$52,002$51,553$51,114$49,899
2 years$26,205$25,717$25,244$24,785$24,340$23,123
3 years$17,296$16,806$16,334$15,880$15,442$14,261
4 years$12,843$12,354$11,887$11,441$11,014$9,877
5 years$10,172$9,686$9,225$8,787$8,372$7,285
6 years$8,391$7,909$7,455$7,027$6,625$5,586
7 years$7,120$6,642$6,195$5,778$5,388$4,399
8 years$6,167$5,694$5,254$4,847$4,470$3,530
9 years$5,426$4,957$4,525$4,128$3,764$2,873
10 years$4,834$4,370$3,945$3,559$3,207$2,363
11 years$4,350$3,890$3,473$3,097$2,758$1,961
12 years$3,947$3,491$3,083$2,717$2,390$1,638
13 years$3,606$3,155$2,754$2,398$2,084$1,375
14 years$3,314$2,868$2,474$2,129$1,827$1,160
15 years$3,061$2,620$2,234$1,899$1,609$982
16 years$2,840$2,404$2,026$1,700$1,422$834
17 years$2,645$2,214$1,843$1,527$1,261$710
18 years$2,472$2,046$1,683$1,377$1,121$606
19 years$2,318$1,896$1,540$1,244$999$517
20 years$2,179$1,762$1,414$1,127$892$443
21 years$2,053$1,641$1,300$1,022$799$380
22 years$1,939$1,532$1,198$930$716$326
23 years$1,835$1,433$1,107$847$643$280
24 years$1,740$1,342$1,023$772$578$240
25 years$1,653$1,260$948$705$520$207
26 years$1,572$1,184$879$645$468$178
27 years$1,498$1,114$816$590$422$153
28 years$1,429$1,050$759$541$381$132
29 years$1,365$990$706$496$344$114
30 years$1,305$935$658$455$311$98
31 years$1,249$884$613$418$281$84
32 years$1,197$837$572$384$254$73
33 years$1,148$792$534$353$230$63
34 years$1,102$751$499$325$208$54
35 years$1,059$712$467$299$189$47
36 years$1,018$676$437$276$171$40
37 years$980$642$409$254$155$35
38 years$943$610$383$234$140$30
39 years$909$580$358$216$127$26
40 years$876$552$336$199$115$22
41 years$845$526$315$184$105$19
42 years$816$500$296$169$95$17
43 years$788$477$277$156$86$14
44 years$762$455$260$144$78$12
45 years$736$433$244$133$71$11
46 years$712$414$230$123$65$9
47 years$689$395$216$114$59$8
48 years$667$377$203$105$53$7
49 years$646$360$191$97$48$6
50 years$626$344$179$90$44$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $641,000, adding $5,245 every year, while hoping to spend $49,117 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: 61/10/29 Blend
34$641,000$641,000$641,000$641,000
35$711,792$677,819$667,884$749,343
36$732,135$658,772$637,998$756,494
37$752,906$637,146$605,464$758,564
38$774,098$612,762$570,143$759,796
39$795,701$585,431$531,887$760,119
40$817,700$554,955$490,543$759,457
41$840,079$521,121$445,950$757,730
42$862,818$483,707$397,940$754,850
43$885,894$442,478$346,340$750,724
44$909,279$397,182$290,965$745,253
45$932,938$347,558$231,626$738,329
46$956,835$293,325$168,123$729,838
47$980,925$234,191$100,248$719,658
48$1,005,156$169,843$27,783$707,656
49$1,029,471$99,954$0$693,690
50$1,053,802$24,177$0$692,942
51$1,078,073$0$0$700,086
52$1,102,199$0$0$712,784
53$1,126,082$0$0$727,953
54$1,149,612$0$0$742,856
55$1,172,664$0$0$757,409
56$1,195,101$0$0$771,519
57$1,216,765$0$0$785,079
58$1,237,482$0$0$797,970
59$1,257,054$0$0$810,059
60$1,275,264$0$0$821,199
61$1,291,866$0$0$831,223
62$1,306,586$0$0$839,947
63$1,319,121$0$0$847,165
64$1,329,132$0$0$852,647
65$1,336,240$0$0$856,140
66$1,340,027$0$0$857,359
67$1,340,026$0$0$855,990
68$1,335,720$0$0$851,684
69$1,326,533$0$0$844,053
70$1,311,828$0$0$832,666
71$1,290,898$0$0$817,048
72$1,262,958$0$0$796,669
73$1,227,141$0$0$770,944
74$1,182,485$0$0$739,225
75$1,127,924$0$0$700,795
76$1,062,280$0$0$654,859
77$984,249$0$0$600,539
78$892,387$0$0$536,863
79$785,099$0$0$462,757
80$660,621$0$0$377,033
81$517,003$0$0$278,378
82$352,089$0$0$165,341
83$163,498$0$0$36,319
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0