Can I retire at age 35 with 646,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $646,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$53,346$52,871$52,407$51,955$51,513$50,911
2 years$26,409$25,917$25,440$24,978$24,530$23,925
3 years$17,431$16,937$16,462$16,004$15,563$14,972
4 years$12,943$12,451$11,980$11,530$11,100$10,528
5 years$10,251$9,761$9,297$8,856$8,438$7,888
6 years$8,457$7,971$7,513$7,082$6,676$6,148
7 years$7,176$6,694$6,244$5,823$5,430$4,923
8 years$6,215$5,738$5,295$4,885$4,504$4,020
9 years$5,469$4,996$4,561$4,161$3,793$3,331
10 years$4,872$4,404$3,976$3,586$3,232$2,791
11 years$4,384$3,920$3,500$3,121$2,780$2,360
12 years$3,977$3,519$3,107$2,738$2,409$2,009
13 years$3,634$3,180$2,775$2,417$2,101$1,721
14 years$3,340$2,890$2,494$2,146$1,841$1,481
15 years$3,085$2,640$2,252$1,913$1,621$1,280
16 years$2,862$2,423$2,041$1,713$1,433$1,110
17 years$2,666$2,231$1,858$1,539$1,271$966
18 years$2,491$2,062$1,696$1,387$1,130$842
19 years$2,336$1,911$1,552$1,254$1,007$736
20 years$2,196$1,775$1,425$1,135$899$644
21 years$2,069$1,654$1,310$1,030$805$564
22 years$1,954$1,544$1,208$937$721$496
23 years$1,849$1,444$1,115$853$648$436
24 years$1,754$1,353$1,031$778$582$383
25 years$1,665$1,270$955$711$524$337
26 years$1,584$1,193$886$650$472$297
27 years$1,509$1,123$823$595$425$262
28 years$1,440$1,058$765$545$384$231
29 years$1,375$998$712$500$347$204
30 years$1,315$943$663$459$313$181
31 years$1,259$891$618$421$283$160
32 years$1,206$843$577$387$256$141
33 years$1,157$799$538$356$232$125
34 years$1,111$757$503$328$210$110
35 years$1,067$718$470$302$190$98
36 years$1,026$681$440$278$172$86
37 years$987$647$412$256$156$76
38 years$951$615$386$236$142$68
39 years$916$585$361$217$128$60
40 years$883$556$339$201$116$53
41 years$852$530$318$185$106$47
42 years$822$504$298$171$96$42
43 years$794$481$279$158$87$37
44 years$768$458$262$146$79$33
45 years$742$437$246$134$72$29
46 years$718$417$231$124$65$26
47 years$694$398$217$115$59$23
48 years$672$380$204$106$54$20
49 years$651$363$192$98$49$18
50 years$631$346$181$91$44$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $646,000, adding $5,645 every year, while hoping to spend $39,624 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: 61/11/28 Blend
34$646,000$646,000$646,000$646,000
35$717,715$683,477$673,464$755,767
36$748,762$674,808$653,865$773,660
37$781,648$664,385$632,282$788,421
38$816,519$652,083$608,606$803,696
39$853,533$637,764$582,724$819,545
40$892,865$621,287$554,517$836,033
41$934,706$602,498$523,862$853,236
42$979,264$581,238$490,629$871,238
43$1,026,767$557,337$454,683$890,134
44$1,077,465$530,615$415,883$910,030
45$1,131,633$500,881$374,081$931,045
46$1,189,570$467,935$329,123$953,315
47$1,251,605$431,563$280,848$976,990
48$1,318,101$391,541$229,088$1,002,237
49$1,389,452$347,631$173,667$1,029,244
50$1,466,093$299,582$114,403$1,058,222
51$1,548,502$247,129$51,102$1,089,407
52$1,637,201$189,991$0$1,123,058
53$1,732,767$127,871$0$1,164,385
54$1,835,830$60,458$0$1,225,409
55$1,947,085$0$0$1,291,277
56$2,067,294$0$0$1,363,981
57$2,197,295$0$0$1,450,560
58$2,338,009$0$0$1,544,316
59$2,490,448$0$0$1,645,927
60$2,655,726$0$0$1,756,142
61$2,835,066$0$0$1,875,782
62$3,029,816$0$0$2,005,751
63$3,241,455$0$0$2,147,045
64$3,471,614$0$0$2,300,756
65$3,722,084$0$0$2,468,090
66$3,994,838$0$0$2,650,371
67$4,292,045$0$0$2,849,055
68$4,616,094$0$0$3,065,749
69$4,969,613$0$0$3,302,217
70$5,355,495$0$0$3,560,404
71$5,776,925$0$0$3,842,448
72$6,237,409$0$0$4,150,706
73$6,740,807$0$0$4,487,770
74$7,291,367$0$0$4,856,496
75$7,893,768$0$0$5,260,028
76$8,553,163$0$0$5,701,827
77$9,275,225$0$0$6,185,706
78$10,066,201$0$0$6,715,864
79$10,932,970$0$0$7,296,922
80$11,883,111$0$0$7,933,974
81$12,924,967$0$0$8,632,627
82$14,067,731$0$0$9,399,058
83$15,321,526$0$0$10,240,071
84$16,697,504$0$0$11,163,160
85$18,207,946$0$0$12,176,581
86$19,866,383$0$0$13,289,426
87$21,687,719$0$0$14,511,712
88$23,688,373$0$0$15,854,475
89$25,886,431$0$0$17,329,870
90$28,301,820$0$0$18,951,290
91$30,956,490$0$0$20,733,489
92$33,874,624$0$0$22,692,720
93$37,082,867$0$0$24,846,893
94$40,610,570$0$0$27,215,736
95$44,490,075$0$0$29,820,986
96$48,757,012$0$0$32,686,593
97$53,450,638$0$0$35,838,944
98$58,614,207$0$0$39,307,112
99$64,295,376$0$0$43,123,129
100$70,546,653$0$0$47,322,292