Can I retire at age 35 with 642,000?

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 $642,000?

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$53,016$52,544$52,083$51,633$51,194$49,595
2 years$26,245$25,757$25,283$24,824$24,378$22,781
3 years$17,323$16,832$16,360$15,905$15,466$13,922
4 years$12,863$12,373$11,906$11,458$11,031$9,551
5 years$10,187$9,701$9,239$8,801$8,385$6,973
6 years$8,404$7,922$7,467$7,038$6,635$5,292
7 years$7,131$6,653$6,205$5,787$5,396$4,123
8 years$6,177$5,702$5,262$4,854$4,477$3,272
9 years$5,435$4,965$4,532$4,135$3,770$2,632
10 years$4,842$4,376$3,951$3,564$3,212$2,140
11 years$4,357$3,896$3,479$3,102$2,763$1,754
12 years$3,953$3,497$3,087$2,721$2,394$1,447
13 years$3,611$3,160$2,758$2,402$2,088$1,199
14 years$3,319$2,873$2,478$2,132$1,830$998
15 years$3,066$2,624$2,238$1,902$1,611$834
16 years$2,844$2,408$2,029$1,703$1,424$699
17 years$2,649$2,217$1,846$1,530$1,263$587
18 years$2,476$2,049$1,685$1,379$1,123$493
19 years$2,321$1,899$1,543$1,246$1,001$416
20 years$2,182$1,765$1,416$1,128$894$351
21 years$2,056$1,644$1,302$1,024$800$296
22 years$1,942$1,534$1,200$931$717$250
23 years$1,838$1,435$1,108$848$644$212
24 years$1,743$1,344$1,025$773$578$179
25 years$1,655$1,262$949$706$521$152
26 years$1,575$1,186$880$646$469$129
27 years$1,500$1,116$818$591$423$109
28 years$1,431$1,052$760$542$381$93
29 years$1,367$992$707$497$344$78
30 years$1,307$937$659$456$311$67
31 years$1,251$886$614$419$281$57
32 years$1,199$838$573$385$255$48
33 years$1,150$794$535$354$230$41
34 years$1,104$752$500$326$209$35
35 years$1,060$713$467$300$189$29
36 years$1,020$677$437$276$171$25
37 years$981$643$409$254$155$21
38 years$945$611$383$234$141$18
39 years$910$581$359$216$128$15
40 years$878$553$337$199$116$13
41 years$847$526$316$184$105$11
42 years$817$501$296$170$95$9
43 years$789$478$278$157$86$8
44 years$763$455$261$145$78$7
45 years$737$434$245$134$71$6
46 years$713$414$230$123$65$5
47 years$690$395$216$114$59$4
48 years$668$377$203$105$53$4
49 years$647$360$191$97$48$3
50 years$627$344$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 $642,000, adding $5,523 every year, while hoping to spend $26,767 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: 46/37/17 Blend
34$642,000$642,000$642,000$642,000
35$713,181$679,155$669,204$742,299
36$757,446$683,954$663,142$767,953
37$805,328$688,090$655,981$792,636
38$857,169$691,504$647,654$818,843
39$913,343$694,131$638,093$846,726
40$974,263$695,902$627,228$876,456
41$1,040,381$696,744$614,983$908,219
42$1,112,195$696,580$601,280$942,226
43$1,190,253$695,327$586,038$978,708
44$1,275,159$692,898$569,170$1,017,921
45$1,367,576$689,201$550,588$1,060,150
46$1,468,233$684,136$530,197$1,105,711
47$1,577,934$677,600$507,899$1,154,952
48$1,697,562$669,481$483,593$1,208,262
49$1,828,091$659,663$457,171$1,266,069
50$1,970,591$648,022$428,521$1,328,848
51$2,126,242$634,425$397,527$1,397,126
52$2,296,340$618,733$364,065$1,471,483
53$2,482,315$600,799$328,010$1,552,566
54$2,685,739$580,466$289,226$1,641,088
55$2,908,345$557,570$247,575$1,737,837
56$3,152,039$531,934$202,912$1,843,688
57$3,418,922$503,373$155,085$1,959,606
58$3,711,306$471,693$103,934$2,086,660
59$4,031,738$436,685$49,295$2,226,032
60$4,383,024$398,131$0$2,379,029
61$4,768,253$355,800$0$2,548,729
62$5,190,827$309,446$0$2,744,745
63$5,654,494$258,812$0$2,959,923
64$6,163,383$203,624$0$3,196,251
65$6,722,040$143,593$0$3,455,922
66$7,335,475$78,417$0$3,741,356
67$8,009,206$7,771$0$4,055,225
68$8,749,311$0$0$4,400,479
69$9,562,486$0$0$4,808,337
70$10,456,109$0$0$5,260,101
71$11,438,306$0$0$5,756,727
72$12,518,031$0$0$6,302,751
73$13,705,148$0$0$6,903,173
74$15,010,525$0$0$7,563,501
75$16,446,134$0$0$8,289,803
76$18,025,169$0$0$9,088,765
77$19,762,164$0$0$9,967,753
78$21,673,133$0$0$10,934,883
79$23,775,720$0$0$11,999,099
80$26,089,366$0$0$13,170,255
81$28,635,493$0$0$14,459,206
82$31,437,703$0$0$15,877,916
83$34,522,002$0$0$17,439,567
84$37,917,046$0$0$19,158,682
85$41,654,409$0$0$21,051,266
86$45,768,882$0$0$23,134,953
87$50,298,802$0$0$25,429,174
88$55,286,411$0$0$27,955,341
89$60,778,255$0$0$30,737,048
90$66,825,625$0$0$33,800,292
91$73,485,039$0$0$37,173,721
92$80,818,774$0$0$40,888,903
93$88,895,455$0$0$44,980,622
94$97,790,702$0$0$49,487,209
95$107,587,844$0$0$54,450,903
96$118,378,702$0$0$59,918,248
97$130,264,461$0$0$65,940,533
98$143,356,617$0$0$72,574,275
99$157,778,037$0$0$79,881,755
100$173,664,111$0$0$87,931,603