Can I retire at age 35 with 647,000?

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 $647,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$53,429$52,953$52,488$52,035$51,593$50,102
2 years$26,450$25,957$25,480$25,017$24,568$23,078
3 years$17,458$16,963$16,487$16,029$15,587$14,144
4 years$12,963$12,470$11,998$11,548$11,117$9,732
5 years$10,267$9,777$9,311$8,870$8,451$7,129
6 years$8,470$7,983$7,525$7,093$6,687$5,428
7 years$7,187$6,704$6,253$5,832$5,438$4,243
8 years$6,225$5,747$5,303$4,892$4,511$3,379
9 years$5,477$5,004$4,568$4,167$3,799$2,728
10 years$4,879$4,410$3,982$3,592$3,237$2,226
11 years$4,391$3,926$3,506$3,126$2,784$1,832
12 years$3,984$3,524$3,111$2,742$2,413$1,517
13 years$3,639$3,185$2,780$2,421$2,104$1,263
14 years$3,345$2,895$2,498$2,149$1,844$1,056
15 years$3,090$2,645$2,255$1,916$1,624$886
16 years$2,866$2,426$2,045$1,716$1,435$745
17 years$2,670$2,235$1,860$1,542$1,272$628
18 years$2,495$2,065$1,698$1,389$1,131$531
19 years$2,339$1,914$1,555$1,255$1,008$449
20 years$2,199$1,778$1,427$1,137$901$381
21 years$2,072$1,656$1,312$1,032$806$323
22 years$1,957$1,546$1,210$938$723$274
23 years$1,852$1,446$1,117$855$649$233
24 years$1,756$1,355$1,033$779$583$198
25 years$1,668$1,271$957$712$525$169
26 years$1,587$1,195$887$651$473$144
27 years$1,512$1,125$824$596$426$122
28 years$1,442$1,060$766$546$384$104
29 years$1,377$1,000$713$501$347$89
30 years$1,317$944$664$459$314$76
31 years$1,261$893$619$422$284$65
32 years$1,208$845$577$388$257$55
33 years$1,159$800$539$357$232$47
34 years$1,112$758$504$328$210$40
35 years$1,069$719$471$302$190$34
36 years$1,028$682$441$278$172$29
37 years$989$648$412$256$156$25
38 years$952$616$386$236$142$21
39 years$917$586$362$218$129$18
40 years$885$557$339$201$117$16
41 years$853$530$318$185$106$13
42 years$824$505$298$171$96$11
43 years$796$481$280$158$87$10
44 years$769$459$263$146$79$8
45 years$743$438$247$135$72$7
46 years$719$417$232$124$65$6
47 years$696$398$218$115$59$5
48 years$673$380$205$106$54$4
49 years$652$363$192$98$49$4
50 years$632$347$181$91$44$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $647,000, adding $3,128 every year, while hoping to spend $31,129 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: 28/48/24 Blend
34$647,000$647,000$647,000$647,000
35$716,221$681,930$671,901$730,827
36$756,154$682,223$661,289$742,849
37$799,117$681,488$649,278$752,819
38$845,387$679,640$635,788$762,884
39$895,266$676,592$620,736$773,074
40$949,087$672,249$604,035$783,420
41$1,007,217$666,513$585,594$793,965
42$1,070,059$659,277$565,316$804,756
43$1,138,053$650,430$543,102$815,847
44$1,211,686$639,853$518,848$827,304
45$1,291,493$627,420$492,444$839,200
46$1,378,061$612,999$463,777$851,622
47$1,472,036$596,449$432,726$864,670
48$1,574,129$577,621$399,168$878,456
49$1,685,122$556,356$362,972$893,109
50$1,805,875$532,488$324,002$908,778
51$1,937,334$505,839$282,116$925,631
52$2,080,540$476,224$237,165$943,857
53$2,236,640$443,444$188,995$963,673
54$2,406,895$407,290$137,444$985,321
55$2,592,692$367,541$82,342$1,009,079
56$2,795,559$323,963$23,513$1,035,255
57$3,017,180$276,311$0$1,064,199
58$3,259,404$224,322$0$1,106,358
59$3,524,271$167,722$0$1,159,198
60$3,814,026$106,219$0$1,217,237
61$4,131,139$39,506$0$1,281,081
62$4,478,332$0$0$1,351,408
63$4,858,602$0$0$1,446,262
64$5,275,250$0$0$1,573,156
65$5,731,909$0$0$1,712,343
66$6,232,582$0$0$1,865,058
67$6,781,680$0$0$2,032,658
68$7,384,056$0$0$2,216,641
69$8,045,060$0$0$2,418,654
70$8,770,583$0$0$2,640,514
71$9,567,114$0$0$2,884,221
72$10,441,803$0$0$3,151,979
73$11,402,524$0$0$3,446,215
74$12,457,951$0$0$3,769,605
75$13,617,641$0$0$4,125,095
76$14,892,123$0$0$4,515,931
77$16,292,994$0$0$4,945,690
78$17,833,033$0$0$5,418,312
79$19,526,319$0$0$5,938,138
80$21,388,360$0$0$6,509,952
81$23,436,246$0$0$7,139,024
82$25,688,803$0$0$7,831,160
83$28,166,777$0$0$8,592,759
84$30,893,021$0$0$9,430,870
85$33,892,720$0$0$10,353,261
86$37,193,619$0$0$11,368,489
87$40,826,291$0$0$12,485,985
88$44,824,421$0$0$13,716,140
89$49,225,127$0$0$15,070,403
90$54,069,306$0$0$16,561,390
91$59,402,023$0$0$18,203,003
92$65,272,933$0$0$20,010,559
93$71,736,751$0$0$22,000,938
94$78,853,766$0$0$24,192,738
95$86,690,413$0$0$26,606,455
96$95,319,895$0$0$29,264,672
97$104,822,877$0$0$32,192,274
98$115,288,243$0$0$35,416,683
99$126,813,941$0$0$38,968,118
100$139,507,897$0$0$42,879,875