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%16.6%
1 years$53,429$52,953$52,488$52,035$51,593$50,203
2 years$26,450$25,957$25,480$25,017$24,568$23,178
3 years$17,458$16,963$16,487$16,029$15,587$14,240
4 years$12,963$12,470$11,998$11,548$11,117$9,823
5 years$10,267$9,777$9,311$8,870$8,451$7,214
6 years$8,470$7,983$7,525$7,093$6,687$5,508
7 years$7,187$6,704$6,253$5,832$5,438$4,318
8 years$6,225$5,747$5,303$4,892$4,511$3,449
9 years$5,477$5,004$4,568$4,167$3,799$2,793
10 years$4,879$4,410$3,982$3,592$3,237$2,286
11 years$4,391$3,926$3,506$3,126$2,784$1,887
12 years$3,984$3,524$3,111$2,742$2,413$1,568
13 years$3,639$3,185$2,780$2,421$2,104$1,310
14 years$3,345$2,895$2,498$2,149$1,844$1,099
15 years$3,090$2,645$2,255$1,916$1,624$925
16 years$2,866$2,426$2,045$1,716$1,435$781
17 years$2,670$2,235$1,860$1,542$1,272$661
18 years$2,495$2,065$1,698$1,389$1,131$560
19 years$2,339$1,914$1,555$1,255$1,008$476
20 years$2,199$1,778$1,427$1,137$901$405
21 years$2,072$1,656$1,312$1,032$806$345
22 years$1,957$1,546$1,210$938$723$294
23 years$1,852$1,446$1,117$855$649$251
24 years$1,756$1,355$1,033$779$583$214
25 years$1,668$1,271$957$712$525$183
26 years$1,587$1,195$887$651$473$157
27 years$1,512$1,125$824$596$426$134
28 years$1,442$1,060$766$546$384$115
29 years$1,377$1,000$713$501$347$98
30 years$1,317$944$664$459$314$84
31 years$1,261$893$619$422$284$72
32 years$1,208$845$577$388$257$62
33 years$1,159$800$539$357$232$53
34 years$1,112$758$504$328$210$45
35 years$1,069$719$471$302$190$39
36 years$1,028$682$441$278$172$33
37 years$989$648$412$256$156$28
38 years$952$616$386$236$142$24
39 years$917$586$362$218$129$21
40 years$885$557$339$201$117$18
41 years$853$530$318$185$106$15
42 years$824$505$298$171$96$13
43 years$796$481$280$158$87$11
44 years$769$459$263$146$79$10
45 years$743$438$247$135$72$8
46 years$719$417$232$124$65$7
47 years$696$398$218$115$59$6
48 years$673$380$205$106$54$5
49 years$652$363$192$98$49$4
50 years$632$347$181$91$44$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $647,000, adding $3,815 every year, while hoping to spend $38,462 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: 37/46/17 Blend
34$647,000$647,000$647,000$647,000
35$716,929$682,638$672,610$739,635
36$749,133$675,164$654,219$748,888
37$783,332$666,035$633,923$754,946
38$819,690$655,129$611,617$760,677
39$858,384$642,316$587,193$766,071
40$899,611$627,461$560,535$771,122
41$943,584$610,419$531,525$775,828
42$990,536$591,037$500,039$780,186
43$1,040,725$569,152$465,944$784,202
44$1,094,432$544,593$429,106$787,883
45$1,151,964$517,178$389,381$791,243
46$1,213,661$486,716$346,622$794,300
47$1,279,893$453,004$300,672$797,080
48$1,351,067$415,826$251,370$799,619
49$1,427,631$374,957$198,546$801,958
50$1,510,075$330,156$142,023$804,152
51$1,598,939$281,169$81,617$806,266
52$1,694,814$227,730$17,134$808,377
53$1,798,351$169,554$0$810,580
54$1,910,264$106,344$0$822,360
55$2,031,340$37,784$0$838,397
56$2,162,442$0$0$855,772
57$2,304,520$0$0$893,157
58$2,458,616$0$0$954,524
59$2,625,881$0$0$1,021,214
60$2,807,575$0$0$1,093,740
61$3,005,089$0$0$1,172,667
62$3,219,950$0$0$1,258,617
63$3,453,839$0$0$1,352,273
64$3,708,608$0$0$1,454,389
65$3,986,290$0$0$1,565,791
66$4,289,128$0$0$1,687,394
67$4,619,586$0$0$1,820,199
68$4,980,380$0$0$1,965,312
69$5,374,496$0$0$2,123,949
70$5,805,226$0$0$2,297,450
71$6,276,189$0$0$2,487,290
72$6,791,374$0$0$2,695,090
73$7,355,171$0$0$2,922,641
74$7,972,414$0$0$3,171,911
75$8,648,426$0$0$3,445,067
76$9,389,071$0$0$3,744,498
77$10,200,805$0$0$4,072,835
78$11,090,738$0$0$4,432,973
79$12,066,702$0$0$4,828,104
80$13,137,323$0$0$5,261,742
81$14,312,101$0$0$5,737,758
82$15,601,502$0$0$6,260,415
83$17,017,053$0$0$6,834,412
84$18,571,452$0$0$7,464,923
85$20,278,688$0$0$8,157,649
86$22,154,170$0$0$8,918,868
87$24,214,873$0$0$9,755,500
88$26,479,499$0$0$10,675,165
89$28,968,650$0$0$11,686,262
90$31,705,024$0$0$12,798,040
91$34,713,628$0$0$14,020,693
92$38,022,012$0$0$15,365,450
93$41,660,530$0$0$16,844,684
94$45,662,626$0$0$18,472,026
95$50,065,146$0$0$20,262,496
96$54,908,689$0$0$22,232,644
97$60,237,985$0$0$24,400,703
98$66,102,321$0$0$26,786,764
99$72,556,002$0$0$29,412,965
100$79,658,861$0$0$32,303,698