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%17.6%
1 years$53,181$52,707$52,245$51,794$51,353$49,769
2 years$26,327$25,837$25,362$24,901$24,454$22,872
3 years$17,377$16,885$16,411$15,954$15,515$13,984
4 years$12,903$12,412$11,943$11,494$11,065$9,598
5 years$10,219$9,731$9,268$8,829$8,412$7,012
6 years$8,431$7,946$7,490$7,060$6,656$5,325
7 years$7,153$6,673$6,224$5,805$5,413$4,150
8 years$6,196$5,720$5,279$4,869$4,491$3,295
9 years$5,452$4,980$4,546$4,148$3,782$2,653
10 years$4,857$4,390$3,964$3,575$3,222$2,158
11 years$4,370$3,908$3,490$3,112$2,771$1,770
12 years$3,965$3,508$3,097$2,729$2,401$1,461
13 years$3,623$3,170$2,767$2,410$2,094$1,212
14 years$3,329$2,881$2,486$2,139$1,836$1,010
15 years$3,075$2,632$2,245$1,908$1,616$844
16 years$2,853$2,415$2,035$1,708$1,428$707
17 years$2,657$2,224$1,852$1,535$1,267$594
18 years$2,484$2,055$1,690$1,383$1,126$500
19 years$2,328$1,905$1,548$1,250$1,004$422
20 years$2,189$1,770$1,420$1,132$897$356
21 years$2,063$1,649$1,306$1,027$802$301
22 years$1,948$1,539$1,204$934$719$255
23 years$1,844$1,439$1,112$851$646$216
24 years$1,748$1,349$1,028$776$580$183
25 years$1,660$1,266$952$708$522$155
26 years$1,579$1,189$883$648$470$131
27 years$1,505$1,119$820$593$424$111
28 years$1,435$1,055$762$543$383$95
29 years$1,371$995$709$498$346$80
30 years$1,311$940$661$457$312$68
31 years$1,255$888$616$420$282$58
32 years$1,202$841$575$386$255$49
33 years$1,153$796$537$355$231$42
34 years$1,107$754$501$327$209$36
35 years$1,064$716$469$301$189$30
36 years$1,023$679$439$277$172$26
37 years$984$645$411$255$156$22
38 years$948$613$384$235$141$19
39 years$913$583$360$217$128$16
40 years$880$555$338$200$116$13
41 years$849$528$317$184$105$11
42 years$820$503$297$170$96$10
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$4
49 years$649$361$191$98$49$3
50 years$629$345$180$90$44$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $644,000, adding $2,941 every year, while hoping to spend $35,855 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: 48/23/29 Blend
34$644,000$644,000$644,000$644,000
35$712,722$678,590$668,608$740,904
36$747,270$673,691$652,857$756,157
37$784,140$667,351$635,376$768,975
38$823,532$659,460$616,070$782,208
39$865,663$649,905$594,840$795,914
40$910,772$638,562$571,578$810,159
41$959,122$625,303$546,178$825,018
42$1,011,001$609,990$518,523$840,575
43$1,066,723$592,481$488,494$856,926
44$1,126,637$572,620$455,966$874,181
45$1,191,121$550,245$420,808$892,463
46$1,260,594$525,186$382,884$911,910
47$1,335,515$497,260$342,051$932,679
48$1,416,387$466,276$298,159$954,945
49$1,503,765$432,030$251,054$978,905
50$1,598,257$394,307$200,572$1,004,782
51$1,700,532$352,881$146,544$1,032,823
52$1,811,325$307,511$88,792$1,063,307
53$1,931,446$257,945$27,132$1,096,545
54$2,061,783$203,913$0$1,132,884
55$2,203,314$145,135$0$1,184,680
56$2,357,115$81,309$0$1,250,138
57$2,524,369$12,122$0$1,321,402
58$2,706,379$0$0$1,399,081
59$2,904,575$0$0$1,499,732
60$3,120,536$0$0$1,612,811
61$3,355,994$0$0$1,736,168
62$3,612,860$0$0$1,870,810
63$3,893,235$0$0$2,017,850
64$4,199,432$0$0$2,178,508
65$4,533,997$0$0$2,354,130
66$4,899,734$0$0$2,546,199
67$5,299,729$0$0$2,756,345
68$5,737,380$0$0$2,986,365
69$6,216,430$0$0$3,238,236
70$6,740,999$0$0$3,514,137
71$7,315,625$0$0$3,816,466
72$7,945,304$0$0$4,147,865
73$8,635,540$0$0$4,511,243
74$9,392,394$0$0$4,909,806
75$10,222,543$0$0$5,347,081
76$11,133,338$0$0$5,826,958
77$12,132,880$0$0$6,353,719
78$13,230,089$0$0$6,932,080
79$14,434,792$0$0$7,567,237
80$15,757,815$0$0$8,264,916
81$17,211,083$0$0$9,031,421
82$18,807,732$0$0$9,873,699
83$20,562,235$0$0$10,799,403
84$22,490,534$0$0$11,816,964
85$24,610,195$0$0$12,935,672
86$26,940,569$0$0$14,165,759
87$29,502,975$0$0$15,518,501
88$32,320,902$0$0$17,006,318
89$35,420,229$0$0$18,642,899
90$38,829,470$0$0$20,443,322
91$42,580,038$0$0$22,424,201
92$46,706,549$0$0$24,603,844
93$51,247,139$0$0$27,002,420
94$56,243,830$0$0$29,642,153
95$61,742,922$0$0$32,547,533
96$67,795,431$0$0$35,745,540
97$74,457,571$0$0$39,265,906
98$81,791,279$0$0$43,141,390
99$89,864,805$0$0$47,408,091
100$98,753,352$0$0$52,105,782