Can I retire at age 35 with 648,000?

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 $648,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$53,511$53,035$52,570$52,116$51,672$49,622
2 years$26,491$25,997$25,519$25,056$24,606$22,566
3 years$17,485$16,990$16,513$16,053$15,611$13,645
4 years$12,983$12,489$12,017$11,566$11,134$9,257
5 years$10,283$9,792$9,326$8,883$8,464$6,681
6 years$8,483$7,996$7,537$7,104$6,697$5,010
7 years$7,198$6,715$6,263$5,841$5,447$3,854
8 years$6,235$5,756$5,311$4,900$4,518$3,019
9 years$5,486$5,011$4,575$4,173$3,805$2,396
10 years$4,887$4,417$3,988$3,598$3,242$1,921
11 years$4,397$3,932$3,511$3,131$2,788$1,552
12 years$3,990$3,530$3,116$2,746$2,416$1,262
13 years$3,645$3,190$2,784$2,425$2,107$1,030
14 years$3,350$2,899$2,502$2,152$1,847$845
15 years$3,094$2,649$2,259$1,919$1,626$695
16 years$2,871$2,430$2,048$1,719$1,437$573
17 years$2,674$2,238$1,863$1,544$1,274$473
18 years$2,499$2,068$1,701$1,392$1,133$391
19 years$2,343$1,917$1,557$1,257$1,010$324
20 years$2,202$1,781$1,429$1,139$902$269
21 years$2,075$1,659$1,314$1,034$807$223
22 years$1,960$1,549$1,211$940$724$186
23 years$1,855$1,448$1,119$856$650$154
24 years$1,759$1,357$1,035$781$584$128
25 years$1,671$1,273$958$713$525$107
26 years$1,589$1,197$889$652$473$89
27 years$1,514$1,126$825$597$427$74
28 years$1,444$1,061$767$547$385$62
29 years$1,379$1,001$714$501$348$51
30 years$1,319$946$665$460$314$43
31 years$1,263$894$620$423$284$36
32 years$1,210$846$578$388$257$30
33 years$1,160$801$540$357$232$25
34 years$1,114$759$505$329$210$21
35 years$1,070$720$472$302$191$17
36 years$1,029$683$441$279$173$14
37 years$990$649$413$257$157$12
38 years$954$617$387$237$142$10
39 years$919$587$362$218$129$8
40 years$886$558$340$201$117$7
41 years$855$531$319$186$106$6
42 years$825$506$299$171$96$5
43 years$797$482$280$158$87$4
44 years$770$460$263$146$79$3
45 years$744$438$247$135$72$3
46 years$720$418$232$125$65$2
47 years$697$399$218$115$59$2
48 years$674$381$205$106$54$2
49 years$653$364$193$98$49$1
50 years$633$347$181$91$44$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $648,000, adding $5,168 every year, while hoping to spend $24,807 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: 42/37/21 Blend
34$648,000$648,000$648,000$648,000
35$719,427$685,083$675,039$745,025
36$766,414$692,257$671,258$770,894
37$817,362$698,952$666,519$796,102
38$872,650$705,117$660,764$822,893
39$932,692$710,700$653,932$851,427
40$997,946$715,644$645,958$881,879
41$1,068,914$719,888$636,776$914,445
42$1,146,151$723,370$626,315$949,340
43$1,230,264$726,021$614,502$986,805
44$1,321,924$727,769$601,261$1,027,103
45$1,421,867$728,537$586,510$1,070,530
46$1,530,906$728,243$570,166$1,117,411
47$1,649,932$726,801$552,141$1,168,107
48$1,779,930$724,119$532,343$1,223,017
49$1,921,982$720,100$510,675$1,282,583
50$2,077,278$714,639$487,037$1,347,295
51$2,247,131$707,627$461,323$1,417,695
52$2,432,986$698,948$433,425$1,494,382
53$2,636,431$688,477$403,226$1,578,020
54$2,859,220$676,085$370,606$1,669,342
55$3,103,280$661,633$335,441$1,769,160
56$3,370,735$644,974$297,599$1,878,372
57$3,663,925$625,952$256,944$1,997,971
58$3,985,426$604,404$213,331$2,129,053
59$4,338,074$580,155$166,613$2,272,834
60$4,724,997$553,021$116,633$2,430,653
61$5,149,634$522,808$63,229$2,603,994
62$5,615,780$489,308$6,230$2,794,495
63$6,127,610$452,305$0$3,003,966
64$6,689,727$411,568$0$3,246,641
65$7,307,197$366,853$0$3,514,781
66$7,985,606$317,904$0$3,809,472
67$8,731,105$264,448$0$4,133,457
68$9,550,469$206,198$0$4,489,759
69$10,451,166$142,851$0$4,881,716
70$11,441,421$74,086$0$5,313,011
71$12,530,294$0$0$5,787,706
72$13,727,771$0$0$6,310,460
73$15,044,852$0$0$6,918,693
74$16,493,655$0$0$7,587,850
75$18,087,535$0$0$8,324,110
76$19,841,203$0$0$9,134,281
77$21,770,870$0$0$10,025,864
78$23,894,399$0$0$11,007,125
79$26,231,469$0$0$12,087,172
80$28,803,765$0$0$13,276,038
81$31,635,180$0$0$14,584,783
82$34,752,043$0$0$16,025,588
83$38,183,364$0$0$17,611,881
84$41,961,107$0$0$19,358,453
85$46,120,497$0$0$21,281,606
86$50,700,343$0$0$23,399,300
87$55,743,414$0$0$25,731,330
88$61,296,835$0$0$28,299,503
89$67,412,533$0$0$31,127,853
90$74,147,731$0$0$34,242,860
91$81,565,481$0$0$37,673,708
92$89,735,265$0$0$41,452,552
93$98,733,644$0$0$45,614,825
94$108,644,988$0$0$50,199,575
95$119,562,264$0$0$55,249,829
96$131,587,921$0$0$60,813,001
97$144,834,850$0$0$66,941,338
98$159,427,451$0$0$73,692,416
99$175,502,811$0$0$81,129,680
100$193,211,990$0$0$89,323,045