Can I retire at age 35 with 650,000?

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 $650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$53,676$53,198$52,732$52,276$51,832$50,517
2 years$26,572$26,078$25,598$25,133$24,682$23,366
3 years$17,539$17,042$16,564$16,103$15,659$14,383
4 years$13,023$12,528$12,054$11,601$11,168$9,942
5 years$10,314$9,822$9,354$8,911$8,490$7,317
6 years$8,509$8,020$7,560$7,126$6,718$5,599
7 years$7,220$6,735$6,282$5,859$5,463$4,399
8 years$6,254$5,773$5,328$4,915$4,532$3,522
9 years$5,503$5,027$4,589$4,186$3,817$2,859
10 years$4,902$4,431$4,001$3,609$3,252$2,346
11 years$4,411$3,945$3,522$3,141$2,797$1,942
12 years$4,002$3,540$3,126$2,755$2,424$1,617
13 years$3,656$3,200$2,793$2,432$2,114$1,355
14 years$3,360$2,908$2,509$2,159$1,853$1,139
15 years$3,104$2,657$2,266$1,925$1,631$962
16 years$2,880$2,438$2,054$1,724$1,442$814
17 years$2,682$2,245$1,869$1,549$1,278$691
18 years$2,507$2,074$1,706$1,396$1,137$588
19 years$2,350$1,923$1,562$1,261$1,013$501
20 years$2,209$1,786$1,433$1,142$905$428
21 years$2,082$1,664$1,319$1,037$810$365
22 years$1,966$1,553$1,215$943$726$312
23 years$1,861$1,453$1,122$858$652$267
24 years$1,764$1,361$1,038$783$586$229
25 years$1,676$1,277$961$715$527$196
26 years$1,594$1,201$891$654$475$168
27 years$1,519$1,130$828$598$428$145
28 years$1,449$1,065$769$548$386$124
29 years$1,384$1,004$716$503$349$107
30 years$1,323$949$667$461$315$92
31 years$1,267$897$622$424$285$79
32 years$1,214$848$580$390$258$68
33 years$1,164$803$542$358$233$58
34 years$1,117$762$506$330$211$50
35 years$1,074$722$473$303$191$43
36 years$1,032$686$443$279$173$37
37 years$993$651$414$257$157$32
38 years$957$619$388$237$142$27
39 years$922$588$364$219$129$24
40 years$889$560$341$202$117$20
41 years$857$533$319$186$106$17
42 years$828$508$300$172$96$15
43 years$799$484$281$159$87$13
44 years$772$461$264$146$79$11
45 years$747$440$248$135$72$10
46 years$722$419$233$125$65$8
47 years$699$400$219$115$59$7
48 years$676$382$206$107$54$6
49 years$655$365$193$99$49$5
50 years$635$348$182$91$45$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $650,000, adding $6,856 every year, while hoping to spend $26,824 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: 77/17/6 Blend
34$650,000$650,000$650,000$650,000
35$723,372$688,922$678,847$778,132
36$768,615$694,139$673,048$820,259
37$817,575$698,712$666,155$862,271
38$870,600$702,582$658,105$907,539
39$928,078$705,685$648,828$956,374
40$990,432$707,953$638,253$1,009,120
41$1,058,128$709,315$626,307$1,066,156
42$1,131,679$709,694$612,910$1,127,897
43$1,211,650$709,008$597,982$1,194,804
44$1,298,661$707,172$581,437$1,267,381
45$1,393,394$704,093$563,185$1,346,188
46$1,496,602$699,676$543,134$1,431,839
47$1,609,111$693,816$521,184$1,525,010
48$1,731,832$686,404$497,235$1,626,449
49$1,865,765$677,324$471,179$1,736,978
50$2,012,015$666,454$442,905$1,857,504
51$2,171,794$653,664$412,296$1,989,028
52$2,346,439$638,816$379,230$2,132,650
53$2,537,421$621,763$343,579$2,289,585
54$2,746,360$602,351$305,211$2,461,173
55$2,975,039$580,418$263,987$2,648,888
56$3,225,424$555,788$219,761$2,854,359
57$3,499,675$528,281$172,381$3,079,378
58$3,800,176$497,701$121,690$3,325,921
59$4,129,550$463,844$67,523$3,596,169
60$4,490,685$426,493$9,705$3,892,524
61$4,886,763$385,419$0$4,217,633
62$5,321,289$340,381$0$4,577,745
63$5,798,124$291,122$0$4,973,627
64$6,321,518$237,373$0$5,408,219
65$6,896,156$178,848$0$5,885,443
66$7,527,197$115,244$0$6,409,624
67$8,220,325$46,245$0$6,985,527
68$8,981,800$0$0$7,618,406
69$9,818,521$0$0$8,319,378
70$10,738,085$0$0$9,099,287
71$11,748,864$0$0$9,956,582
72$12,860,081$0$0$10,899,091
73$14,081,896$0$0$11,935,434
74$15,425,504$0$0$13,075,110
75$16,903,239$0$0$14,328,584
76$18,528,688$0$0$15,707,387
77$20,316,826$0$0$17,224,222
78$22,284,147$0$0$18,893,087
79$24,448,827$0$0$20,729,404
80$26,830,893$0$0$22,750,166
81$29,452,411$0$0$24,974,096
82$32,337,694$0$0$27,421,824
83$35,513,532$0$0$30,116,082
84$39,009,442$0$0$33,081,917
85$42,857,952$0$0$36,346,929
86$47,094,901$0$0$39,941,527
87$51,759,780$0$0$43,899,221
88$56,896,104$0$0$48,256,935
89$62,551,824$0$0$53,055,356
90$68,779,774$0$0$58,339,317
91$75,638,178$0$0$64,158,220
92$83,191,188$0$0$70,566,502
93$91,509,500$0$0$77,624,149
94$100,671,013$0$0$85,397,262
95$110,761,569$0$0$93,958,679
96$121,875,757$0$0$103,388,663
97$134,117,813$0$0$113,775,662
98$147,602,596$0$0$125,217,137
99$162,456,678$0$0$137,820,488
100$178,819,532$0$0$151,704,063