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%13.7%
1 years$53,263$52,789$52,326$51,874$51,433$50,644
2 years$26,368$25,877$25,401$24,940$24,492$23,699
3 years$17,404$16,911$16,436$15,979$15,539$14,766
4 years$12,923$12,431$11,961$11,512$11,082$10,336
5 years$10,235$9,746$9,282$8,842$8,425$7,707
6 years$8,444$7,959$7,502$7,071$6,666$5,978
7 years$7,165$6,684$6,234$5,814$5,421$4,763
8 years$6,206$5,729$5,287$4,877$4,498$3,869
9 years$5,460$4,988$4,554$4,154$3,788$3,189
10 years$4,864$4,397$3,970$3,581$3,227$2,657
11 years$4,377$3,914$3,495$3,116$2,775$2,234
12 years$3,971$3,513$3,102$2,734$2,405$1,892
13 years$3,628$3,175$2,771$2,413$2,097$1,611
14 years$3,334$2,886$2,490$2,142$1,839$1,378
15 years$3,080$2,636$2,248$1,911$1,619$1,184
16 years$2,858$2,419$2,038$1,711$1,431$1,020
17 years$2,662$2,228$1,855$1,537$1,269$882
18 years$2,488$2,058$1,693$1,385$1,128$764
19 years$2,332$1,908$1,550$1,252$1,005$663
20 years$2,192$1,773$1,422$1,134$898$576
21 years$2,066$1,651$1,308$1,029$804$502
22 years$1,951$1,541$1,206$935$720$438
23 years$1,847$1,442$1,113$852$647$382
24 years$1,751$1,351$1,030$777$581$334
25 years$1,663$1,268$954$710$523$292
26 years$1,582$1,191$885$649$471$255
27 years$1,507$1,121$821$594$425$224
28 years$1,438$1,056$764$544$383$196
29 years$1,373$997$711$499$346$172
30 years$1,313$941$662$458$313$151
31 years$1,257$890$617$421$283$132
32 years$1,204$842$576$387$256$116
33 years$1,155$797$538$355$231$102
34 years$1,109$756$502$327$210$89
35 years$1,065$717$470$301$190$78
36 years$1,024$680$439$277$172$69
37 years$986$646$411$255$156$61
38 years$949$614$385$235$141$53
39 years$915$584$361$217$128$47
40 years$882$556$338$200$116$41
41 years$851$529$317$185$105$36
42 years$821$504$297$171$96$32
43 years$793$480$279$157$87$28
44 years$766$457$262$145$79$25
45 years$741$436$246$134$72$22
46 years$717$416$231$124$65$19
47 years$693$397$217$115$59$17
48 years$671$379$204$106$54$15
49 years$650$362$192$98$49$13
50 years$630$346$180$90$44$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $645,000, adding $4,283 every year, while hoping to spend $24,034 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: 54/28/18 Blend
34$645,000$645,000$645,000$645,000
35$715,208$681,023$671,025$750,136
36$762,587$688,821$667,933$782,290
37$813,994$696,196$663,931$814,363
38$869,812$703,101$658,964$848,746
39$930,468$709,487$652,974$885,666
40$996,426$715,303$645,899$925,375
41$1,068,200$720,491$637,675$968,148
42$1,146,354$724,993$628,236$1,014,293
43$1,231,510$728,746$617,509$1,064,147
44$1,324,351$731,681$605,422$1,118,083
45$1,425,629$733,728$591,899$1,176,515
46$1,536,173$734,810$576,857$1,239,896
47$1,656,894$734,847$560,213$1,308,732
48$1,788,795$733,753$541,878$1,383,576
49$1,932,982$731,436$521,760$1,465,043
50$2,090,670$727,800$499,763$1,553,810
51$2,263,199$722,743$475,786$1,650,626
52$2,452,043$716,155$449,722$1,756,316
53$2,658,826$707,921$421,463$1,871,792
54$2,885,336$697,919$390,892$1,998,061
55$3,133,543$686,020$357,889$2,136,234
56$3,405,614$672,085$322,328$2,287,539
57$3,703,939$655,969$284,079$2,453,329
58$4,031,149$637,519$243,003$2,635,100
59$4,390,139$616,571$198,957$2,834,500
60$4,784,103$592,953$151,792$3,053,352
61$5,216,556$566,482$101,351$3,293,664
62$5,691,370$536,965$47,471$3,557,655
63$6,212,810$504,197$0$3,847,769
64$6,785,577$467,962$0$4,168,635
65$7,414,846$428,033$0$4,531,158
66$8,106,321$384,167$0$4,929,537
67$8,866,283$336,109$0$5,367,432
68$9,701,655$283,589$0$5,848,885
69$10,620,062$226,323$0$6,378,349
70$11,629,904$164,009$0$6,960,733
71$12,740,438$96,329$0$7,601,454
72$13,961,862$22,948$0$8,306,480
73$15,305,411$0$0$9,082,394
74$16,783,464$0$0$9,953,855
75$18,409,661$0$0$10,920,512
76$20,199,029$0$0$11,984,237
77$22,168,129$0$0$13,154,881
78$24,335,203$0$0$14,443,300
79$26,720,356$0$0$15,861,457
80$29,345,738$0$0$17,422,531
81$32,235,755$0$0$19,141,046
82$35,417,302$0$0$21,033,004
83$38,920,013$0$0$23,116,039
84$42,776,539$0$0$25,409,579
85$47,022,861$0$0$27,935,035
86$51,698,627$0$0$30,715,999
87$56,847,522$0$0$33,778,466
88$62,517,688$0$0$37,151,082
89$68,762,170$0$0$40,865,412
90$75,639,420$0$0$44,956,238
91$83,213,851$0$0$49,461,890
92$91,556,439$0$0$54,424,601
93$100,745,396$0$0$59,890,913
94$110,866,908$0$0$65,912,112
95$122,015,947$0$0$72,544,711
96$134,297,167$0$0$79,850,987
97$147,825,893$0$0$87,899,564
98$162,729,207$0$0$96,766,065
99$179,147,149$0$0$106,533,823
100$197,234,037$0$0$117,294,667