Can I retire at age 35 with 648,000?

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 $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%19.8%
1 years$53,511$53,035$52,570$52,116$51,672$49,642
2 years$26,491$25,997$25,519$25,056$24,606$22,585
3 years$17,485$16,990$16,513$16,053$15,611$13,663
4 years$12,983$12,489$12,017$11,566$11,134$9,274
5 years$10,283$9,792$9,326$8,883$8,464$6,697
6 years$8,483$7,996$7,537$7,104$6,697$5,024
7 years$7,198$6,715$6,263$5,841$5,447$3,867
8 years$6,235$5,756$5,311$4,900$4,518$3,031
9 years$5,486$5,011$4,575$4,173$3,805$2,407
10 years$4,887$4,417$3,988$3,598$3,242$1,931
11 years$4,397$3,932$3,511$3,131$2,788$1,561
12 years$3,990$3,530$3,116$2,746$2,416$1,270
13 years$3,645$3,190$2,784$2,425$2,107$1,038
14 years$3,350$2,899$2,502$2,152$1,847$852
15 years$3,094$2,649$2,259$1,919$1,626$701
16 years$2,871$2,430$2,048$1,719$1,437$578
17 years$2,674$2,238$1,863$1,544$1,274$478
18 years$2,499$2,068$1,701$1,392$1,133$396
19 years$2,343$1,917$1,557$1,257$1,010$328
20 years$2,202$1,781$1,429$1,139$902$272
21 years$2,075$1,659$1,314$1,034$807$226
22 years$1,960$1,549$1,211$940$724$188
23 years$1,855$1,448$1,119$856$650$157
24 years$1,759$1,357$1,035$781$584$130
25 years$1,671$1,273$958$713$525$109
26 years$1,589$1,197$889$652$473$90
27 years$1,514$1,126$825$597$427$75
28 years$1,444$1,061$767$547$385$63
29 years$1,379$1,001$714$501$348$52
30 years$1,319$946$665$460$314$44
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$18
36 years$1,029$683$441$279$173$15
37 years$990$649$413$257$157$12
38 years$954$617$387$237$142$10
39 years$919$587$362$218$129$9
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 $6,714 every year, while hoping to spend $42,791 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: 43/28/29 Blend
34$648,000$648,000$648,000$648,000
35$721,021$686,677$676,633$745,685
36$749,036$674,795$653,771$752,148
37$778,475$660,897$628,709$754,601
38$809,436$644,838$601,328$756,448
39$842,030$626,466$571,504$757,661
40$876,374$605,620$539,107$758,208
41$912,598$582,129$504,000$758,061
42$950,842$555,813$466,043$757,190
43$991,259$526,479$425,087$755,567
44$1,034,017$493,926$380,977$753,166
45$1,079,298$457,940$333,551$749,963
46$1,127,302$418,294$282,641$745,934
47$1,178,247$374,750$228,069$741,061
48$1,232,371$327,056$169,652$735,326
49$1,289,934$274,943$107,197$728,718
50$1,351,223$218,131$40,503$721,229
51$1,416,549$156,321$0$712,856
52$1,486,255$89,198$0$713,095
53$1,560,715$16,431$0$726,458
54$1,640,340$0$0$740,490
55$1,725,581$0$0$774,501
56$1,816,930$0$0$816,428
57$1,914,931$0$0$861,463
58$2,020,177$0$0$909,888
59$2,133,320$0$0$962,009
60$2,255,078$0$0$1,018,165
61$2,386,236$0$0$1,078,727
62$2,527,657$0$0$1,144,103
63$2,680,292$0$0$1,214,740
64$2,845,182$0$0$1,291,132
65$3,023,473$0$0$1,373,818
66$3,216,424$0$0$1,463,395
67$3,425,419$0$0$1,560,517
68$3,651,982$0$0$1,665,902
69$3,897,784$0$0$1,780,342
70$4,164,667$0$0$1,904,708
71$4,454,656$0$0$2,039,956
72$4,769,977$0$0$2,187,139
73$5,113,080$0$0$2,347,418
74$5,486,662$0$0$2,522,066
75$5,893,689$0$0$2,712,488
76$6,337,425$0$0$2,920,227
77$6,821,464$0$0$3,146,985
78$7,349,759$0$0$3,394,632
79$7,926,665$0$0$3,665,228
80$8,556,972$0$0$3,961,042
81$9,245,958$0$0$4,284,571
82$9,999,429$0$0$4,638,565
83$10,823,782$0$0$5,026,050
84$11,726,057$0$0$5,450,361
85$12,714,010$0$0$5,915,168
86$13,796,178$0$0$6,424,515
87$14,981,966$0$0$6,982,855
88$16,281,729$0$0$7,595,091
89$17,706,874$0$0$8,266,625
90$19,269,962$0$0$9,003,405
91$20,984,830$0$0$9,811,985
92$22,866,719$0$0$10,699,583
93$24,932,415$0$0$11,674,148
94$27,200,412$0$0$12,744,441
95$29,691,078$0$0$13,920,108
96$32,426,853$0$0$15,211,779
97$35,432,456$0$0$16,631,163
98$38,735,121$0$0$18,191,160
99$42,364,846$0$0$19,905,980
100$46,354,684$0$0$21,791,280