Can I retire at age 35 with 647,000?

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 $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%12.7%
1 years$53,429$52,953$52,488$52,035$51,593$51,011
2 years$26,450$25,957$25,480$25,017$24,568$23,983
3 years$17,458$16,963$16,487$16,029$15,587$15,016
4 years$12,963$12,470$11,998$11,548$11,117$10,565
5 years$10,267$9,777$9,311$8,870$8,451$7,919
6 years$8,470$7,983$7,525$7,093$6,687$6,176
7 years$7,187$6,704$6,253$5,832$5,438$4,948
8 years$6,225$5,747$5,303$4,892$4,511$4,043
9 years$5,477$5,004$4,568$4,167$3,799$3,351
10 years$4,879$4,410$3,982$3,592$3,237$2,810
11 years$4,391$3,926$3,506$3,126$2,784$2,377
12 years$3,984$3,524$3,111$2,742$2,413$2,026
13 years$3,639$3,185$2,780$2,421$2,104$1,736
14 years$3,345$2,895$2,498$2,149$1,844$1,495
15 years$3,090$2,645$2,255$1,916$1,624$1,293
16 years$2,866$2,426$2,045$1,716$1,435$1,122
17 years$2,670$2,235$1,860$1,542$1,272$977
18 years$2,495$2,065$1,698$1,389$1,131$852
19 years$2,339$1,914$1,555$1,255$1,008$745
20 years$2,199$1,778$1,427$1,137$901$653
21 years$2,072$1,656$1,312$1,032$806$573
22 years$1,957$1,546$1,210$938$723$503
23 years$1,852$1,446$1,117$855$649$443
24 years$1,756$1,355$1,033$779$583$390
25 years$1,668$1,271$957$712$525$343
26 years$1,587$1,195$887$651$473$303
27 years$1,512$1,125$824$596$426$267
28 years$1,442$1,060$766$546$384$236
29 years$1,377$1,000$713$501$347$209
30 years$1,317$944$664$459$314$184
31 years$1,261$893$619$422$284$163
32 years$1,208$845$577$388$257$144
33 years$1,159$800$539$357$232$128
34 years$1,112$758$504$328$210$113
35 years$1,069$719$471$302$190$100
36 years$1,028$682$441$278$172$89
37 years$989$648$412$256$156$79
38 years$952$616$386$236$142$70
39 years$917$586$362$218$129$62
40 years$885$557$339$201$117$55
41 years$853$530$318$185$106$49
42 years$824$505$298$171$96$43
43 years$796$481$280$158$87$38
44 years$769$459$263$146$79$34
45 years$743$438$247$135$72$30
46 years$719$417$232$124$65$27
47 years$696$398$218$115$59$24
48 years$673$380$205$106$54$21
49 years$652$363$192$98$49$19
50 years$632$347$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 $647,000, adding $5,535 every year, while hoping to spend $40,098 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: 53/34/13 Blend
34$647,000$647,000$647,000$647,000
35$718,703$684,412$674,384$754,047
36$749,347$675,285$654,312$769,624
37$781,773$664,366$632,223$781,801
38$816,119$651,525$608,009$794,133
39$852,539$636,626$581,553$806,643
40$891,200$619,522$552,736$819,362
41$932,281$600,058$521,432$832,322
42$975,984$578,071$487,510$845,566
43$1,022,526$553,388$450,833$859,139
44$1,072,146$525,826$411,258$873,098
45$1,125,104$495,191$368,635$887,505
46$1,181,687$461,278$322,807$902,434
47$1,242,209$423,870$273,611$917,969
48$1,307,015$382,740$220,876$934,206
49$1,376,480$337,644$164,426$951,256
50$1,451,020$288,327$104,073$969,245
51$1,531,088$234,519$39,623$988,315
52$1,617,183$175,935$0$1,008,628
53$1,709,852$112,272$0$1,034,414
54$1,809,697$43,213$0$1,067,964
55$1,917,377$0$0$1,104,041
56$2,033,618$0$0$1,154,758
57$2,159,216$0$0$1,227,075
58$2,295,048$0$0$1,305,337
59$2,442,076$0$0$1,390,104
60$2,601,358$0$0$1,481,994
61$2,774,058$0$0$1,581,684
62$2,961,455$0$0$1,689,922
63$3,164,957$0$0$1,807,527
64$3,386,111$0$0$1,935,403
65$3,626,620$0$0$2,074,542
66$3,888,358$0$0$2,226,039
67$4,173,385$0$0$2,391,094
68$4,483,970$0$0$2,571,032
69$4,822,608$0$0$2,767,310
70$5,192,049$0$0$2,981,529
71$5,595,314$0$0$3,215,456
72$6,035,733$0$0$3,471,032
73$6,516,971$0$0$3,750,397
74$7,043,061$0$0$4,055,904
75$7,618,445$0$0$4,390,146
76$8,248,013$0$0$4,755,978
77$8,937,151$0$0$5,156,543
78$9,691,787$0$0$5,595,302
79$10,518,453$0$0$6,076,068
80$11,424,338$0$0$6,603,039
81$12,417,364$0$0$7,180,837
82$13,506,252$0$0$7,814,556
83$14,700,610$0$0$8,509,805
84$16,011,019$0$0$9,272,761
85$17,449,134$0$0$10,110,229
86$19,027,794$0$0$11,029,707
87$20,761,142$0$0$12,039,450
88$22,664,755$0$0$13,148,556
89$24,755,795$0$0$14,367,044
90$27,053,167$0$0$15,705,955
91$29,577,697$0$0$17,177,449
92$32,352,331$0$0$18,794,924
93$35,402,345$0$0$20,573,140
94$38,755,588$0$0$22,528,361
95$42,442,741$0$0$24,678,502
96$46,497,607$0$0$27,043,303
97$50,957,430$0$0$29,644,513
98$55,863,242$0$0$32,506,095
99$61,260,253$0$0$35,654,449
100$67,198,277$0$0$39,118,667