Can I retire at age 35 with 645,000?

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 $645,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$53,263$52,789$52,326$51,874$51,433$49,927
2 years$26,368$25,877$25,401$24,940$24,492$22,987
3 years$17,404$16,911$16,436$15,979$15,539$14,081
4 years$12,923$12,431$11,961$11,512$11,082$9,684
5 years$10,235$9,746$9,282$8,842$8,425$7,090
6 years$8,444$7,959$7,502$7,071$6,666$5,396
7 years$7,165$6,684$6,234$5,814$5,421$4,215
8 years$6,206$5,729$5,287$4,877$4,498$3,355
9 years$5,460$4,988$4,554$4,154$3,788$2,707
10 years$4,864$4,397$3,970$3,581$3,227$2,208
11 years$4,377$3,914$3,495$3,116$2,775$1,815
12 years$3,971$3,513$3,102$2,734$2,405$1,502
13 years$3,628$3,175$2,771$2,413$2,097$1,250
14 years$3,334$2,886$2,490$2,142$1,839$1,044
15 years$3,080$2,636$2,248$1,911$1,619$875
16 years$2,858$2,419$2,038$1,711$1,431$736
17 years$2,662$2,228$1,855$1,537$1,269$620
18 years$2,488$2,058$1,693$1,385$1,128$523
19 years$2,332$1,908$1,550$1,252$1,005$443
20 years$2,192$1,773$1,422$1,134$898$375
21 years$2,066$1,651$1,308$1,029$804$318
22 years$1,951$1,541$1,206$935$720$270
23 years$1,847$1,442$1,113$852$647$229
24 years$1,751$1,351$1,030$777$581$195
25 years$1,663$1,268$954$710$523$166
26 years$1,582$1,191$885$649$471$141
27 years$1,507$1,121$821$594$425$120
28 years$1,438$1,056$764$544$383$102
29 years$1,373$997$711$499$346$87
30 years$1,313$941$662$458$313$74
31 years$1,257$890$617$421$283$63
32 years$1,204$842$576$387$256$54
33 years$1,155$797$538$355$231$46
34 years$1,109$756$502$327$210$39
35 years$1,065$717$470$301$190$33
36 years$1,024$680$439$277$172$28
37 years$986$646$411$255$156$24
38 years$949$614$385$235$141$21
39 years$915$584$361$217$128$18
40 years$882$556$338$200$116$15
41 years$851$529$317$185$105$13
42 years$821$504$297$171$96$11
43 years$793$480$279$157$87$9
44 years$766$457$262$145$79$8
45 years$741$436$246$134$72$7
46 years$717$416$231$124$65$6
47 years$693$397$217$115$59$5
48 years$671$379$204$106$54$4
49 years$650$362$192$98$49$4
50 years$630$346$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 $645,000, adding $3,959 every year, while hoping to spend $39,248 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: 69/13/18 Blend
34$645,000$645,000$645,000$645,000
35$714,874$680,689$670,691$760,832
36$746,031$672,283$651,400$783,583
37$779,051$662,150$630,147$803,464
38$814,083$650,163$606,825$824,241
39$851,288$636,190$581,322$845,997
40$890,844$620,088$553,521$868,826
41$932,946$601,708$523,300$892,834
42$977,806$580,891$490,530$918,137
43$1,025,657$557,470$455,078$944,865
44$1,076,755$531,267$416,804$973,160
45$1,131,379$502,094$375,561$1,003,184
46$1,189,836$469,752$331,199$1,035,114
47$1,252,461$434,032$283,556$1,069,148
48$1,319,624$394,712$232,467$1,105,504
49$1,391,729$351,556$177,758$1,144,427
50$1,469,220$304,317$119,248$1,186,186
51$1,552,585$252,733$56,747$1,231,081
52$1,642,358$196,527$0$1,279,445
53$1,739,128$135,405$0$1,333,558
54$1,843,539$69,060$0$1,403,673
55$1,956,301$0$0$1,479,373
56$2,078,194$0$0$1,561,611
57$2,210,074$0$0$1,661,304
58$2,352,883$0$0$1,769,288
59$2,507,656$0$0$1,886,350
60$2,675,531$0$0$2,013,356
61$2,857,760$0$0$2,151,256
62$3,055,720$0$0$2,301,097
63$3,270,927$0$0$2,464,029
64$3,505,045$0$0$2,641,320
65$3,759,908$0$0$2,834,362
66$4,037,534$0$0$3,044,688
67$4,340,143$0$0$3,273,986
68$4,670,177$0$0$3,524,113
69$5,030,326$0$0$3,797,113
70$5,423,549$0$0$4,095,235
71$5,853,105$0$0$4,420,956
72$6,322,581$0$0$4,777,003
73$6,835,927$0$0$5,166,378
74$7,397,489$0$0$5,592,386
75$8,012,056$0$0$6,058,666
76$8,684,900$0$0$6,569,226
77$9,421,825$0$0$7,128,480
78$10,229,226$0$0$7,741,287
79$11,114,142$0$0$8,413,000
80$12,084,328$0$0$9,149,514
81$13,148,324$0$0$9,957,321
82$14,315,536$0$0$10,843,574
83$15,596,326$0$0$11,816,148
84$17,002,106$0$0$12,883,721
85$18,545,446$0$0$14,055,849
86$20,240,194$0$0$15,343,061
87$22,101,605$0$0$16,756,954
88$24,146,482$0$0$18,310,305
89$26,393,338$0$0$20,017,188
90$28,862,566$0$0$21,893,109
91$31,576,635$0$0$23,955,150
92$34,560,296$0$0$26,222,131
93$37,840,820$0$0$28,714,786
94$41,448,253$0$0$31,455,959
95$45,415,695$0$0$34,470,818
96$49,779,617$0$0$37,787,092
97$54,580,202$0$0$41,435,334
98$59,861,723$0$0$45,449,207
99$65,672,961$0$0$49,865,800
100$72,067,664$0$0$54,725,980