Can I retire at age 35 with 649,000?

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 $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%16%
1 years$53,594$53,116$52,651$52,196$51,752$50,481
2 years$26,532$26,037$25,559$25,094$24,644$23,371
3 years$17,512$17,016$16,538$16,078$15,635$14,400
4 years$13,003$12,508$12,035$11,583$11,151$9,964
5 years$10,299$9,807$9,340$8,897$8,477$7,340
6 years$8,496$8,008$7,548$7,115$6,707$5,623
7 years$7,209$6,725$6,273$5,850$5,455$4,423
8 years$6,244$5,765$5,320$4,907$4,525$3,545
9 years$5,494$5,019$4,582$4,180$3,811$2,882
10 years$4,895$4,424$3,994$3,603$3,247$2,368
11 years$4,404$3,939$3,517$3,136$2,793$1,962
12 years$3,996$3,535$3,121$2,750$2,420$1,636
13 years$3,651$3,195$2,788$2,428$2,110$1,372
14 years$3,355$2,904$2,505$2,156$1,850$1,156
15 years$3,099$2,653$2,262$1,922$1,629$977
16 years$2,875$2,434$2,051$1,721$1,440$829
17 years$2,678$2,241$1,866$1,547$1,276$704
18 years$2,503$2,071$1,704$1,394$1,135$600
19 years$2,346$1,920$1,560$1,259$1,012$512
20 years$2,206$1,784$1,431$1,141$904$438
21 years$2,079$1,661$1,317$1,035$809$374
22 years$1,963$1,551$1,213$941$725$321
23 years$1,858$1,451$1,120$857$651$275
24 years$1,762$1,359$1,036$782$585$236
25 years$1,673$1,275$960$714$526$203
26 years$1,592$1,199$890$653$474$174
27 years$1,516$1,128$826$598$427$150
28 years$1,446$1,063$768$547$386$129
29 years$1,382$1,003$715$502$348$111
30 years$1,321$947$666$461$315$95
31 years$1,265$895$621$423$284$82
32 years$1,212$847$579$389$257$71
33 years$1,162$802$541$358$233$61
34 years$1,116$760$505$329$211$52
35 years$1,072$721$472$303$191$45
36 years$1,031$685$442$279$173$39
37 years$992$650$414$257$157$33
38 years$955$618$387$237$142$29
39 years$920$588$363$218$129$25
40 years$887$559$340$201$117$21
41 years$856$532$319$186$106$18
42 years$826$507$299$172$96$16
43 years$798$483$281$158$87$14
44 years$771$460$264$146$79$12
45 years$745$439$247$135$72$10
46 years$721$419$232$125$65$9
47 years$698$400$218$115$59$8
48 years$675$381$205$106$54$7
49 years$654$364$193$98$49$6
50 years$634$348$181$91$44$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $649,000, adding $5,907 every year, while hoping to spend $44,987 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: 70/12/18 Blend
34$649,000$649,000$649,000$649,000
35$721,291$686,894$676,835$768,274
36$746,997$672,686$651,643$786,124
37$773,817$656,274$624,099$799,749
38$801,818$637,503$594,078$813,530
39$831,070$616,207$561,446$827,478
40$861,651$592,213$526,067$841,604
41$893,645$565,337$487,795$855,923
42$927,141$535,383$446,481$870,452
43$962,237$502,145$401,966$885,212
44$999,041$465,405$354,087$900,227
45$1,037,665$424,933$302,671$915,523
46$1,078,237$380,484$247,540$931,135
47$1,120,890$331,801$188,506$947,099
48$1,165,773$278,612$125,374$963,458
49$1,213,047$220,628$57,939$980,264
50$1,262,887$157,548$0$997,572
51$1,315,482$89,048$0$1,018,143
52$1,371,041$14,792$0$1,051,407
53$1,429,791$0$0$1,086,355
54$1,491,978$0$0$1,131,789
55$1,557,874$0$0$1,182,019
56$1,627,773$0$0$1,235,318
57$1,701,998$0$0$1,291,934
58$1,780,902$0$0$1,352,139
59$1,864,871$0$0$1,416,231
60$1,954,328$0$0$1,484,535
61$2,049,736$0$0$1,557,407
62$2,151,602$0$0$1,635,238
63$2,260,481$0$0$1,718,455
64$2,376,982$0$0$1,807,528
65$2,501,772$0$0$1,902,970
66$2,635,586$0$0$2,005,346
67$2,779,225$0$0$2,115,275
68$2,933,572$0$0$2,233,437
69$3,099,594$0$0$2,360,577
70$3,278,355$0$0$2,497,514
71$3,471,022$0$0$2,645,148
72$3,678,876$0$0$2,804,466
73$3,903,326$0$0$2,976,554
74$4,145,920$0$0$3,162,605
75$4,408,359$0$0$3,363,931
76$4,692,513$0$0$3,581,972
77$5,000,438$0$0$3,818,313
78$5,334,393$0$0$4,074,697
79$5,696,865$0$0$4,353,039
80$6,090,587$0$0$4,655,449
81$6,518,567$0$0$4,984,244
82$6,984,114$0$0$5,341,975
83$7,490,867$0$0$5,731,448
84$8,042,831$0$0$6,155,753
85$8,644,415$0$0$6,618,287
86$9,300,468$0$0$7,122,792
87$10,016,331$0$0$7,673,383
88$10,797,878$0$0$8,274,592
89$11,651,579$0$0$8,931,408
90$12,584,556$0$0$9,649,323
91$13,604,649$0$0$10,434,383
92$14,720,490$0$0$11,293,245
93$15,941,584$0$0$12,233,239
94$17,278,397$0$0$13,262,438
95$18,742,454$0$0$14,389,729
96$20,346,448$0$0$15,624,901
97$22,104,355$0$0$16,978,735
98$24,031,570$0$0$18,463,102
99$26,145,046$0$0$20,091,080
100$28,463,458$0$0$21,877,071