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%18.2%
1 years$53,016$52,544$52,083$51,633$51,194$49,496
2 years$26,245$25,757$25,283$24,824$24,378$22,684
3 years$17,323$16,832$16,360$15,905$15,466$13,829
4 years$12,863$12,373$11,906$11,458$11,031$9,463
5 years$10,187$9,701$9,239$8,801$8,385$6,891
6 years$8,404$7,922$7,467$7,038$6,635$5,216
7 years$7,131$6,653$6,205$5,787$5,396$4,051
8 years$6,177$5,702$5,262$4,854$4,477$3,206
9 years$5,435$4,965$4,532$4,135$3,770$2,571
10 years$4,842$4,376$3,951$3,564$3,212$2,084
11 years$4,357$3,896$3,479$3,102$2,763$1,702
12 years$3,953$3,497$3,087$2,721$2,394$1,399
13 years$3,611$3,160$2,758$2,402$2,088$1,156
14 years$3,319$2,873$2,478$2,132$1,830$959
15 years$3,066$2,624$2,238$1,902$1,611$798
16 years$2,844$2,408$2,029$1,703$1,424$666
17 years$2,649$2,217$1,846$1,530$1,263$557
18 years$2,476$2,049$1,685$1,379$1,123$467
19 years$2,321$1,899$1,543$1,246$1,001$392
20 years$2,182$1,765$1,416$1,128$894$330
21 years$2,056$1,644$1,302$1,024$800$277
22 years$1,942$1,534$1,200$931$717$233
23 years$1,838$1,435$1,108$848$644$197
24 years$1,743$1,344$1,025$773$578$166
25 years$1,655$1,262$949$706$521$140
26 years$1,575$1,186$880$646$469$118
27 years$1,500$1,116$818$591$423$100
28 years$1,431$1,052$760$542$381$84
29 years$1,367$992$707$497$344$71
30 years$1,307$937$659$456$311$60
31 years$1,251$886$614$419$281$51
32 years$1,199$838$573$385$255$43
33 years$1,150$794$535$354$230$36
34 years$1,104$752$500$326$209$31
35 years$1,060$713$467$300$189$26
36 years$1,020$677$437$276$171$22
37 years$981$643$409$254$155$19
38 years$945$611$383$234$141$16
39 years$910$581$359$216$128$13
40 years$878$553$337$199$116$11
41 years$847$526$316$184$105$10
42 years$817$501$296$170$95$8
43 years$789$478$278$157$86$7
44 years$763$455$261$145$78$6
45 years$737$434$245$134$71$5
46 years$713$414$230$123$65$4
47 years$690$395$216$114$59$3
48 years$668$377$203$105$53$3
49 years$647$360$191$97$48$2
50 years$627$344$179$90$44$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $642,000, adding $6,972 every year, while hoping to spend $47,377 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: 71/11/18 Blend
34$642,000$642,000$642,000$642,000
35$714,676$680,650$670,699$761,884
36$737,164$663,593$642,758$777,142
37$760,358$644,112$612,294$787,508
38$784,280$622,039$579,171$797,653
39$808,952$597,195$543,250$807,550
40$834,399$569,391$504,382$817,167
41$860,643$538,427$462,414$826,471
42$887,710$504,091$417,186$835,429
43$915,625$466,160$368,531$844,003
44$944,415$424,398$316,273$852,153
45$974,106$378,554$260,229$859,839
46$1,004,727$328,365$200,208$867,016
47$1,036,306$273,552$136,012$873,638
48$1,068,872$213,819$67,431$879,655
49$1,102,456$148,855$0$885,015
50$1,137,089$78,332$0$890,768
51$1,172,804$1,902$0$909,642
52$1,209,633$0$0$928,657
53$1,247,611$0$0$957,573
54$1,286,772$0$0$987,628
55$1,327,153$0$0$1,018,619
56$1,368,790$0$0$1,050,574
57$1,411,721$0$0$1,083,522
58$1,455,986$0$0$1,117,493
59$1,501,624$0$0$1,152,518
60$1,548,677$0$0$1,188,628
61$1,597,187$0$0$1,225,856
62$1,647,197$0$0$1,264,234
63$1,698,751$0$0$1,303,797
64$1,751,896$0$0$1,344,581
65$1,806,677$0$0$1,386,619
66$1,863,142$0$0$1,429,950
67$1,921,341$0$0$1,474,610
68$1,981,324$0$0$1,520,638
69$2,043,140$0$0$1,568,072
70$2,106,844$0$0$1,616,953
71$2,172,487$0$0$1,667,322
72$2,240,124$0$0$1,719,220
73$2,309,810$0$0$1,772,688
74$2,381,602$0$0$1,827,771
75$2,455,557$0$0$1,884,512
76$2,531,732$0$0$1,942,956
77$2,610,188$0$0$2,003,146
78$2,690,982$0$0$2,065,129
79$2,774,177$0$0$2,128,951
80$2,859,831$0$0$2,194,658
81$2,948,007$0$0$2,262,296
82$3,038,766$0$0$2,331,913
83$3,132,169$0$0$2,403,555
84$3,228,278$0$0$2,477,268
85$3,327,154$0$0$2,553,100
86$3,428,858$0$0$2,631,095
87$3,533,448$0$0$2,711,300
88$3,640,985$0$0$2,793,759
89$3,751,525$0$0$2,878,514
90$3,865,123$0$0$2,965,608
91$3,981,833$0$0$3,055,081
92$4,101,706$0$0$3,146,969
93$4,224,787$0$0$3,241,308
94$4,351,121$0$0$3,338,131
95$4,480,747$0$0$3,437,465
96$4,613,697$0$0$3,539,335
97$4,750,000$0$0$3,643,759
98$4,889,675$0$0$3,750,753
99$5,032,735$0$0$3,860,323
100$5,179,184$0$0$3,972,469