Can I retire at age 35 with 644,000?

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 $644,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$53,181$52,707$52,245$51,794$51,353$49,730
2 years$26,327$25,837$25,362$24,901$24,454$22,833
3 years$17,377$16,885$16,411$15,954$15,515$13,947
4 years$12,903$12,412$11,943$11,494$11,065$9,563
5 years$10,219$9,731$9,268$8,829$8,412$6,979
6 years$8,431$7,946$7,490$7,060$6,656$5,293
7 years$7,153$6,673$6,224$5,805$5,413$4,121
8 years$6,196$5,720$5,279$4,869$4,491$3,269
9 years$5,452$4,980$4,546$4,148$3,782$2,628
10 years$4,857$4,390$3,964$3,575$3,222$2,135
11 years$4,370$3,908$3,490$3,112$2,771$1,749
12 years$3,965$3,508$3,097$2,729$2,401$1,441
13 years$3,623$3,170$2,767$2,410$2,094$1,194
14 years$3,329$2,881$2,486$2,139$1,836$994
15 years$3,075$2,632$2,245$1,908$1,616$829
16 years$2,853$2,415$2,035$1,708$1,428$694
17 years$2,657$2,224$1,852$1,535$1,267$582
18 years$2,484$2,055$1,690$1,383$1,126$490
19 years$2,328$1,905$1,548$1,250$1,004$412
20 years$2,189$1,770$1,420$1,132$897$347
21 years$2,063$1,649$1,306$1,027$802$293
22 years$1,948$1,539$1,204$934$719$248
23 years$1,844$1,439$1,112$851$646$209
24 years$1,748$1,349$1,028$776$580$177
25 years$1,660$1,266$952$708$522$150
26 years$1,579$1,189$883$648$470$127
27 years$1,505$1,119$820$593$424$107
28 years$1,435$1,055$762$543$383$91
29 years$1,371$995$709$498$346$77
30 years$1,311$940$661$457$312$65
31 years$1,255$888$616$420$282$55
32 years$1,202$841$575$386$255$47
33 years$1,153$796$537$355$231$40
34 years$1,107$754$501$327$209$34
35 years$1,064$716$469$301$189$29
36 years$1,023$679$439$277$172$24
37 years$984$645$411$255$156$21
38 years$948$613$384$235$141$18
39 years$913$583$360$217$128$15
40 years$880$555$338$200$116$13
41 years$849$528$317$184$105$11
42 years$820$503$297$170$96$9
43 years$792$479$279$157$87$8
44 years$765$457$262$145$79$7
45 years$740$435$246$134$71$6
46 years$715$415$231$124$65$5
47 years$692$396$217$114$59$4
48 years$670$378$204$106$53$3
49 years$649$361$191$98$49$3
50 years$629$345$180$90$44$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $644,000, adding $6,868 every year, while hoping to spend $51,127 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: 39/45/16 Blend
34$644,000$644,000$644,000$644,000
35$716,772$682,640$672,658$741,050
36$735,484$661,691$640,794$738,064
37$754,392$638,002$606,148$729,394
38$773,460$611,384$568,574$718,930
39$792,649$581,639$527,918$706,535
40$811,916$548,555$484,020$692,066
41$831,208$511,911$436,711$675,367
42$850,466$471,470$385,816$656,272
43$869,625$426,983$331,152$634,606
44$888,610$378,188$272,528$610,180
45$907,334$324,805$209,744$582,794
46$925,703$266,542$142,592$552,233
47$943,609$203,087$70,853$518,269
48$960,931$134,112$0$480,657
49$977,534$59,271$0$440,112
50$993,266$0$0$408,351
51$1,007,958$0$0$383,807
52$1,021,419$0$0$388,036
53$1,033,439$0$0$391,597
54$1,043,781$0$0$394,387
55$1,052,184$0$0$396,290
56$1,058,355$0$0$397,181
57$1,061,970$0$0$396,918
58$1,062,666$0$0$395,343
59$1,060,043$0$0$392,282
60$1,053,655$0$0$387,543
61$1,043,009$0$0$380,911
62$1,027,557$0$0$372,148
63$1,006,690$0$0$360,991
64$979,736$0$0$347,149
65$945,948$0$0$330,300
66$904,503$0$0$310,086
67$854,485$0$0$286,111
68$794,884$0$0$257,940
69$724,580$0$0$225,089
70$642,337$0$0$187,024
71$546,787$0$0$143,153
72$436,416$0$0$92,825
73$309,555$0$0$35,318
74$164,355$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
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