Can I retire at age 35 with 649,000?

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 $649,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$53,594$53,116$52,651$52,196$51,752$50,236
2 years$26,532$26,037$25,559$25,094$24,644$23,129
3 years$17,512$17,016$16,538$16,078$15,635$14,169
4 years$13,003$12,508$12,035$11,583$11,151$9,744
5 years$10,299$9,807$9,340$8,897$8,477$7,134
6 years$8,496$8,008$7,548$7,115$6,707$5,429
7 years$7,209$6,725$6,273$5,850$5,455$4,241
8 years$6,244$5,765$5,320$4,907$4,525$3,376
9 years$5,494$5,019$4,582$4,180$3,811$2,724
10 years$4,895$4,424$3,994$3,603$3,247$2,221
11 years$4,404$3,939$3,517$3,136$2,793$1,827
12 years$3,996$3,535$3,121$2,750$2,420$1,512
13 years$3,651$3,195$2,788$2,428$2,110$1,257
14 years$3,355$2,904$2,505$2,156$1,850$1,050
15 years$3,099$2,653$2,262$1,922$1,629$881
16 years$2,875$2,434$2,051$1,721$1,440$740
17 years$2,678$2,241$1,866$1,547$1,276$624
18 years$2,503$2,071$1,704$1,394$1,135$527
19 years$2,346$1,920$1,560$1,259$1,012$445
20 years$2,206$1,784$1,431$1,141$904$377
21 years$2,079$1,661$1,317$1,035$809$320
22 years$1,963$1,551$1,213$941$725$271
23 years$1,858$1,451$1,120$857$651$230
24 years$1,762$1,359$1,036$782$585$196
25 years$1,673$1,275$960$714$526$167
26 years$1,592$1,199$890$653$474$142
27 years$1,516$1,128$826$598$427$121
28 years$1,446$1,063$768$547$386$103
29 years$1,382$1,003$715$502$348$88
30 years$1,321$947$666$461$315$75
31 years$1,265$895$621$423$284$64
32 years$1,212$847$579$389$257$54
33 years$1,162$802$541$358$233$46
34 years$1,116$760$505$329$211$39
35 years$1,072$721$472$303$191$34
36 years$1,031$685$442$279$173$29
37 years$992$650$414$257$157$24
38 years$955$618$387$237$142$21
39 years$920$588$363$218$129$18
40 years$887$559$340$201$117$15
41 years$856$532$319$186$106$13
42 years$826$507$299$172$96$11
43 years$798$483$281$158$87$9
44 years$771$460$264$146$79$8
45 years$745$439$247$135$72$7
46 years$721$419$232$125$65$6
47 years$698$400$218$115$59$5
48 years$675$381$205$106$54$4
49 years$654$364$193$98$49$4
50 years$634$348$181$91$44$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $649,000, adding $2,490 every year, while hoping to spend $26,821 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: 33/46/21 Blend
34$649,000$649,000$649,000$649,000
35$717,766$683,369$673,310$736,745
36$762,441$688,317$667,328$756,048
37$810,774$692,608$660,248$774,216
38$863,109$696,183$652,003$793,242
39$919,827$698,976$642,525$813,219
40$981,342$700,919$631,743$834,250
41$1,048,115$701,940$619,582$856,450
42$1,120,649$701,961$605,964$879,949
43$1,199,499$700,900$590,807$904,890
44$1,285,274$698,671$574,026$931,436
45$1,378,646$695,180$555,530$959,766
46$1,480,354$690,330$535,226$990,081
47$1,591,210$684,017$513,016$1,022,606
48$1,712,110$676,129$488,798$1,057,590
49$1,844,036$666,551$462,465$1,095,312
50$1,988,074$655,158$433,903$1,136,081
51$2,145,417$641,820$402,998$1,180,244
52$2,317,376$626,396$369,625$1,228,184
53$2,505,399$608,740$333,658$1,280,328
54$2,711,078$588,696$294,964$1,337,151
55$2,936,164$566,099$253,402$1,399,181
56$3,182,589$540,774$208,827$1,467,004
57$3,452,478$512,537$161,087$1,541,270
58$3,748,172$481,191$110,024$1,622,704
59$4,072,247$446,532$55,472$1,712,105
60$4,427,544$408,340$0$1,810,364
61$4,817,189$366,384$0$1,919,083
62$5,244,626$320,420$0$2,052,046
63$5,713,647$270,190$0$2,198,063
64$6,228,433$215,423$0$2,358,523
65$6,793,584$155,830$0$2,534,960
66$7,414,171$91,107$0$2,729,071
67$8,095,778$20,933$0$2,942,732
68$8,844,559$0$0$3,178,017
69$9,667,290$0$0$3,465,072
70$10,571,437$0$0$3,792,283
71$11,565,228$0$0$4,152,043
72$12,657,723$0$0$4,547,646
73$13,858,908$0$0$4,982,722
74$15,179,782$0$0$5,461,268
75$16,632,463$0$0$5,987,692
76$18,230,305$0$0$6,566,845
77$19,988,018$0$0$7,204,078
78$21,921,813$0$0$7,905,281
79$24,049,547$0$0$8,676,949
80$26,390,899$0$0$9,526,234
81$28,967,550$0$0$10,461,020
82$31,803,391$0$0$11,489,992
83$34,924,743$0$0$12,622,721
84$38,360,612$0$0$13,869,752
85$42,142,956$0$0$15,242,704
86$46,306,990$0$0$16,754,382
87$50,891,518$0$0$18,418,894
88$55,939,295$0$0$20,251,787
89$61,497,436$0$0$22,270,191
90$67,617,857$0$0$24,492,984
91$74,357,762$0$0$26,940,964
92$81,780,188$0$0$29,637,054
93$89,954,597$0$0$32,606,511
94$98,957,529$0$0$35,877,167
95$108,873,329$0$0$39,479,690
96$119,794,937$0$0$43,447,877
97$131,824,771$0$0$47,818,969
98$145,075,686$0$0$52,634,003
99$159,672,045$0$0$57,938,202
100$175,750,890$0$0$63,781,398