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%11.3%
1 years$53,016$52,544$52,083$51,633$51,194$50,914
2 years$26,245$25,757$25,283$24,824$24,378$24,096
3 years$17,323$16,832$16,360$15,905$15,466$15,190
4 years$12,863$12,373$11,906$11,458$11,031$10,763
5 years$10,187$9,701$9,239$8,801$8,385$8,127
6 years$8,404$7,922$7,467$7,038$6,635$6,386
7 years$7,131$6,653$6,205$5,787$5,396$5,156
8 years$6,177$5,702$5,262$4,854$4,477$4,246
9 years$5,435$4,965$4,532$4,135$3,770$3,549
10 years$4,842$4,376$3,951$3,564$3,212$3,001
11 years$4,357$3,896$3,479$3,102$2,763$2,561
12 years$3,953$3,497$3,087$2,721$2,394$2,201
13 years$3,611$3,160$2,758$2,402$2,088$1,904
14 years$3,319$2,873$2,478$2,132$1,830$1,655
15 years$3,066$2,624$2,238$1,902$1,611$1,445
16 years$2,844$2,408$2,029$1,703$1,424$1,266
17 years$2,649$2,217$1,846$1,530$1,263$1,112
18 years$2,476$2,049$1,685$1,379$1,123$980
19 years$2,321$1,899$1,543$1,246$1,001$866
20 years$2,182$1,765$1,416$1,128$894$766
21 years$2,056$1,644$1,302$1,024$800$679
22 years$1,942$1,534$1,200$931$717$603
23 years$1,838$1,435$1,108$848$644$536
24 years$1,743$1,344$1,025$773$578$477
25 years$1,655$1,262$949$706$521$425
26 years$1,575$1,186$880$646$469$379
27 years$1,500$1,116$818$591$423$338
28 years$1,431$1,052$760$542$381$302
29 years$1,367$992$707$497$344$270
30 years$1,307$937$659$456$311$242
31 years$1,251$886$614$419$281$216
32 years$1,199$838$573$385$255$193
33 years$1,150$794$535$354$230$173
34 years$1,104$752$500$326$209$155
35 years$1,060$713$467$300$189$139
36 years$1,020$677$437$276$171$125
37 years$981$643$409$254$155$112
38 years$945$611$383$234$141$100
39 years$910$581$359$216$128$90
40 years$878$553$337$199$116$81
41 years$847$526$316$184$105$72
42 years$817$501$296$170$95$65
43 years$789$478$278$157$86$58
44 years$763$455$261$145$78$52
45 years$737$434$245$134$71$47
46 years$713$414$230$123$65$42
47 years$690$395$216$114$59$38
48 years$668$377$203$105$53$34
49 years$647$360$191$97$48$30
50 years$627$344$179$90$44$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $642,000, adding $4,919 every year, while hoping to spend $34,018 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: 29/46/25 Blend
34$642,000$642,000$642,000$642,000
35$712,558$678,532$668,581$727,576
36$749,044$675,585$654,784$736,746
37$788,111$671,354$639,384$743,279
38$829,988$665,739$622,292$749,608
39$874,922$658,636$603,415$755,736
40$923,189$649,934$582,654$761,674
41$975,088$639,514$559,906$767,432
42$1,030,949$627,253$535,065$773,030
43$1,091,135$613,017$508,019$778,490
44$1,156,043$596,668$478,650$783,842
45$1,226,111$578,056$446,836$789,122
46$1,301,819$557,024$412,449$794,374
47$1,383,693$533,408$375,356$799,654
48$1,472,316$507,031$335,416$805,025
49$1,568,323$477,707$292,484$810,565
50$1,672,417$445,239$246,407$816,363
51$1,785,369$409,421$197,027$822,524
52$1,908,026$370,032$144,177$829,171
53$2,041,322$326,841$87,684$836,444
54$2,186,282$279,601$27,366$844,508
55$2,344,035$228,054$0$853,549
56$2,515,824$171,926$0$873,651
57$2,703,016$110,928$0$903,620
58$2,907,114$44,754$0$936,481
59$3,129,775$0$0$972,608
60$3,372,820$0$0$1,026,043
61$3,638,255$0$0$1,109,238
62$3,928,290$0$0$1,200,243
63$4,245,354$0$0$1,299,833
64$4,592,125$0$0$1,408,861
65$4,971,549$0$0$1,528,269
66$5,386,872$0$0$1,659,091
67$5,841,668$0$0$1,802,468
68$6,339,870$0$0$1,959,654
69$6,885,813$0$0$2,132,034
70$7,484,269$0$0$2,321,129
71$8,140,495$0$0$2,528,619
72$8,860,281$0$0$2,756,351
73$9,650,002$0$0$3,006,361
74$10,516,683$0$0$3,280,891
75$11,468,060$0$0$3,582,411
76$12,512,657$0$0$3,913,643
77$13,659,860$0$0$4,277,584
78$14,920,011$0$0$4,677,536
79$16,304,504$0$0$5,117,139
80$17,825,888$0$0$5,600,399
81$19,497,991$0$0$6,131,733
82$21,336,045$0$0$6,716,006
83$23,356,832$0$0$7,358,578
84$25,578,841$0$0$8,065,355
85$28,022,443$0$0$8,842,844
86$30,710,081$0$0$9,698,213
87$33,666,483$0$0$10,639,363
88$36,918,893$0$0$11,674,995
89$40,497,329$0$0$12,814,700
90$44,434,866$0$0$14,069,044
91$48,767,947$0$0$15,449,669
92$53,536,724$0$0$16,969,404
93$58,785,442$0$0$18,642,383
94$64,562,850$0$0$20,484,183
95$70,922,664$0$0$22,511,965
96$77,924,073$0$0$24,744,640
97$85,632,296$0$0$27,203,046
98$94,119,197$0$0$29,910,145
99$103,463,962$0$0$32,891,238
100$113,753,848$0$0$36,174,206