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%19.8%
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 $4,481 every year, while hoping to spend $20,322 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: 31/42/27 Blend
34$648,000$648,000$648,000$648,000
35$718,718$684,374$674,330$734,935
36$770,405$696,286$675,298$759,718
37$826,683$708,100$675,617$784,280
38$887,998$719,791$675,244$810,316
39$954,843$731,330$674,134$837,970
40$1,027,759$742,687$672,239$867,400
41$1,107,341$753,829$669,509$898,782
42$1,194,245$764,722$665,893$932,309
43$1,289,193$775,328$661,335$968,196
44$1,392,979$785,608$655,779$1,006,682
45$1,506,478$795,519$649,163$1,048,029
46$1,630,655$805,014$641,425$1,092,530
47$1,766,568$814,047$632,499$1,140,506
48$1,915,386$822,563$622,317$1,192,315
49$2,078,396$830,509$610,804$1,248,351
50$2,257,013$837,825$597,887$1,309,052
51$2,452,798$844,448$583,486$1,374,899
52$2,667,468$850,311$567,518$1,446,429
53$2,902,916$855,342$549,896$1,524,230
54$3,161,226$859,466$530,530$1,608,958
55$3,444,693$862,602$509,324$1,701,333
56$3,755,846$864,664$486,181$1,802,154
57$4,097,470$865,560$460,995$1,912,304
58$4,472,633$865,193$433,660$2,032,758
59$4,884,715$863,462$404,061$2,164,594
60$5,337,440$860,255$372,081$2,309,002
61$5,834,909$855,458$337,596$2,467,299
62$6,381,641$848,946$300,476$2,640,937
63$6,982,613$840,590$260,588$2,831,523
64$7,643,312$830,251$217,790$3,040,829
65$8,369,779$817,782$171,934$3,270,815
66$9,168,671$803,028$122,869$3,523,643
67$10,047,323$785,824$70,433$3,801,702
68$11,013,816$765,995$14,458$4,107,629
69$12,077,054$743,358$0$4,444,336
70$13,246,846$717,716$0$4,828,081
71$14,534,003$688,862$0$5,254,661
72$15,950,433$656,578$0$5,723,879
73$17,509,258$620,631$0$6,240,114
74$19,224,938$580,778$0$6,808,199
75$21,113,404$536,758$0$7,433,460
76$23,192,210$488,298$0$8,121,774
77$25,480,700$435,109$0$8,879,621
78$28,000,186$376,884$0$9,714,147
79$30,774,155$313,301$0$10,633,230
80$33,828,483$244,018$0$11,645,562
81$37,191,687$168,673$0$12,760,724
82$40,895,188$86,887$0$13,989,282
83$44,973,610$0$0$15,342,886
84$49,465,104$0$0$16,835,187
85$54,411,713$0$0$18,523,060
86$59,859,762$0$0$20,382,173
87$65,860,302$0$0$22,429,963
88$72,469,584$0$0$24,685,645
89$79,749,596$0$0$27,170,394
90$87,768,644$0$0$29,907,541
91$96,602,001$0$0$32,922,798
92$106,332,609$0$0$36,244,500
93$117,051,872$0$0$39,903,868
94$128,860,510$0$0$43,935,308
95$141,869,513$0$0$48,376,734
96$156,201,189$0$0$53,269,926
97$171,990,317$0$0$58,660,925
98$189,385,420$0$0$64,600,466
99$208,550,164$0$0$71,144,458
100$229,664,905$0$0$78,354,512