Can I retire at age 35 with 642,000?

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 $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%11.6%
1 years$53,016$52,544$52,083$51,633$51,194$50,850
2 years$26,245$25,757$25,283$24,824$24,378$24,031
3 years$17,323$16,832$16,360$15,905$15,466$15,127
4 years$12,863$12,373$11,906$11,458$11,031$10,702
5 years$10,187$9,701$9,239$8,801$8,385$8,068
6 years$8,404$7,922$7,467$7,038$6,635$6,330
7 years$7,131$6,653$6,205$5,787$5,396$5,103
8 years$6,177$5,702$5,262$4,854$4,477$4,195
9 years$5,435$4,965$4,532$4,135$3,770$3,500
10 years$4,842$4,376$3,951$3,564$3,212$2,954
11 years$4,357$3,896$3,479$3,102$2,763$2,516
12 years$3,953$3,497$3,087$2,721$2,394$2,159
13 years$3,611$3,160$2,758$2,402$2,088$1,864
14 years$3,319$2,873$2,478$2,132$1,830$1,617
15 years$3,066$2,624$2,238$1,902$1,611$1,409
16 years$2,844$2,408$2,029$1,703$1,424$1,232
17 years$2,649$2,217$1,846$1,530$1,263$1,080
18 years$2,476$2,049$1,685$1,379$1,123$950
19 years$2,321$1,899$1,543$1,246$1,001$837
20 years$2,182$1,765$1,416$1,128$894$739
21 years$2,056$1,644$1,302$1,024$800$654
22 years$1,942$1,534$1,200$931$717$579
23 years$1,838$1,435$1,108$848$644$514
24 years$1,743$1,344$1,025$773$578$456
25 years$1,655$1,262$949$706$521$406
26 years$1,575$1,186$880$646$469$361
27 years$1,500$1,116$818$591$423$321
28 years$1,431$1,052$760$542$381$286
29 years$1,367$992$707$497$344$255
30 years$1,307$937$659$456$311$228
31 years$1,251$886$614$419$281$203
32 years$1,199$838$573$385$255$181
33 years$1,150$794$535$354$230$162
34 years$1,104$752$500$326$209$145
35 years$1,060$713$467$300$189$129
36 years$1,020$677$437$276$171$116
37 years$981$643$409$254$155$103
38 years$945$611$383$234$141$93
39 years$910$581$359$216$128$83
40 years$878$553$337$199$116$74
41 years$847$526$316$184$105$66
42 years$817$501$296$170$95$59
43 years$789$478$278$157$86$53
44 years$763$455$261$145$78$48
45 years$737$434$245$134$71$43
46 years$713$414$230$123$65$38
47 years$690$395$216$114$59$34
48 years$668$377$203$105$53$31
49 years$647$360$191$97$48$27
50 years$627$344$179$90$44$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $642,000, adding $4,709 every year, while hoping to spend $44,870 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: 67/6/27 Blend
34$642,000$642,000$642,000$642,000
35$712,341$678,315$668,364$754,757
36$737,259$663,811$643,013$769,392
37$763,214$647,093$615,309$779,894
38$790,265$628,004$585,125$790,368
39$818,476$606,380$552,331$800,813
40$847,914$582,046$516,787$811,231
41$878,651$554,816$478,350$821,623
42$910,768$524,497$436,869$831,994
43$944,350$490,880$392,187$842,349
44$979,488$453,748$344,140$852,699
45$1,016,283$412,869$292,555$863,054
46$1,054,843$367,998$237,255$873,428
47$1,095,285$318,879$178,052$883,841
48$1,137,737$265,237$114,750$894,315
49$1,182,338$206,785$47,145$904,877
50$1,229,237$143,218$0$915,560
51$1,278,598$74,214$0$933,604
52$1,330,599$0$0$966,817
53$1,385,435$0$0$1,001,757
54$1,443,316$0$0$1,043,827
55$1,504,472$0$0$1,088,293
56$1,569,156$0$0$1,135,342
57$1,637,641$0$0$1,185,176
58$1,710,227$0$0$1,238,014
59$1,787,241$0$0$1,294,098
60$1,869,042$0$0$1,353,692
61$1,956,021$0$0$1,417,084
62$2,048,606$0$0$1,484,589
63$2,147,267$0$0$1,556,553
64$2,252,517$0$0$1,633,354
65$2,364,918$0$0$1,715,407
66$2,485,088$0$0$1,803,166
67$2,613,702$0$0$1,897,129
68$2,751,502$0$0$1,997,842
69$2,899,299$0$0$2,105,906
70$3,057,987$0$0$2,221,976
71$3,228,545$0$0$2,346,776
72$3,412,047$0$0$2,481,098
73$3,609,673$0$0$2,625,811
74$3,822,719$0$0$2,781,872
75$4,052,609$0$0$2,950,330
76$4,300,906$0$0$3,132,339
77$4,569,331$0$0$3,329,167
78$4,859,771$0$0$3,542,208
79$5,174,304$0$0$3,772,992
80$5,515,212$0$0$4,023,205
81$5,885,007$0$0$4,294,699
82$6,286,449$0$0$4,589,511
83$6,722,575$0$0$4,909,882
84$7,196,725$0$0$5,258,275
85$7,712,575$0$0$5,637,404
86$8,274,168$0$0$6,050,252
87$8,885,953$0$0$6,500,102
88$9,552,826$0$0$6,990,567
89$10,280,176$0$0$7,525,625
90$11,073,934$0$0$8,109,652
91$11,940,629$0$0$8,747,468
92$12,887,447$0$0$9,444,375
93$13,922,300$0$0$10,206,213
94$15,053,898$0$0$11,039,412
95$16,291,833$0$0$11,951,051
96$17,646,663$0$0$12,948,924
97$19,130,018$0$0$14,041,614
98$20,754,701$0$0$15,238,574
99$22,534,816$0$0$16,550,212
100$24,485,891$0$0$17,987,992