Can I retire at age 35 with 650,000?

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 $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%15.3%
1 years$53,676$53,198$52,732$52,276$51,832$50,703
2 years$26,572$26,078$25,598$25,133$24,682$23,550
3 years$17,539$17,042$16,564$16,103$15,659$14,560
4 years$13,023$12,528$12,054$11,601$11,168$10,110
5 years$10,314$9,822$9,354$8,911$8,490$7,475
6 years$8,509$8,020$7,560$7,126$6,718$5,748
7 years$7,220$6,735$6,282$5,859$5,463$4,539
8 years$6,254$5,773$5,328$4,915$4,532$3,653
9 years$5,503$5,027$4,589$4,186$3,817$2,982
10 years$4,902$4,431$4,001$3,609$3,252$2,461
11 years$4,411$3,945$3,522$3,141$2,797$2,048
12 years$4,002$3,540$3,126$2,755$2,424$1,716
13 years$3,656$3,200$2,793$2,432$2,114$1,446
14 years$3,360$2,908$2,509$2,159$1,853$1,224
15 years$3,104$2,657$2,266$1,925$1,631$1,040
16 years$2,880$2,438$2,054$1,724$1,442$886
17 years$2,682$2,245$1,869$1,549$1,278$757
18 years$2,507$2,074$1,706$1,396$1,137$648
19 years$2,350$1,923$1,562$1,261$1,013$556
20 years$2,209$1,786$1,433$1,142$905$478
21 years$2,082$1,664$1,319$1,037$810$411
22 years$1,966$1,553$1,215$943$726$354
23 years$1,861$1,453$1,122$858$652$305
24 years$1,764$1,361$1,038$783$586$263
25 years$1,676$1,277$961$715$527$227
26 years$1,594$1,201$891$654$475$196
27 years$1,519$1,130$828$598$428$170
28 years$1,449$1,065$769$548$386$147
29 years$1,384$1,004$716$503$349$127
30 years$1,323$949$667$461$315$110
31 years$1,267$897$622$424$285$95
32 years$1,214$848$580$390$258$82
33 years$1,164$803$542$358$233$71
34 years$1,117$762$506$330$211$62
35 years$1,074$722$473$303$191$54
36 years$1,032$686$443$279$173$46
37 years$993$651$414$257$157$40
38 years$957$619$388$237$142$35
39 years$922$588$364$219$129$30
40 years$889$560$341$202$117$26
41 years$857$533$319$186$106$23
42 years$828$508$300$172$96$20
43 years$799$484$281$159$87$17
44 years$772$461$264$146$79$15
45 years$747$440$248$135$72$13
46 years$722$419$233$125$65$11
47 years$699$400$219$115$59$10
48 years$676$382$206$107$54$8
49 years$655$365$193$99$49$7
50 years$635$348$182$91$45$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $650,000, adding $6,056 every year, while hoping to spend $47,783 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: 71/8/21 Blend
34$650,000$650,000$650,000$650,000
35$722,547$688,097$678,022$769,714
36$745,406$670,973$649,895$784,817
37$768,995$651,408$619,224$795,109
38$793,338$629,233$585,874$805,194
39$818,461$604,267$549,703$815,047
40$844,388$576,321$510,562$824,639
41$871,147$545,192$468,297$833,942
42$898,765$510,667$422,746$842,923
43$927,271$472,522$373,740$851,551
44$956,695$430,518$321,103$859,789
45$987,068$384,403$264,649$867,602
46$1,018,421$333,911$204,188$874,951
47$1,050,789$278,762$139,517$881,794
48$1,084,206$218,658$70,427$888,089
49$1,118,707$153,285$0$893,790
50$1,154,332$82,312$0$899,590
51$1,191,117$5,389$0$921,586
52$1,229,105$0$0$943,981
53$1,268,337$0$0$973,630
54$1,308,857$0$0$1,004,744
55$1,350,711$0$0$1,036,883
56$1,393,948$0$0$1,070,084
57$1,438,617$0$0$1,104,386
58$1,484,771$0$0$1,139,829
59$1,532,463$0$0$1,176,455
60$1,581,753$0$0$1,214,309
61$1,632,698$0$0$1,253,436
62$1,685,363$0$0$1,293,885
63$1,739,812$0$0$1,335,707
64$1,796,115$0$0$1,378,955
65$1,854,345$0$0$1,423,685
66$1,914,577$0$0$1,469,955
67$1,976,893$0$0$1,517,829
68$2,041,376$0$0$1,567,370
69$2,108,116$0$0$1,618,649
70$2,177,207$0$0$1,671,737
71$2,248,748$0$0$1,726,712
72$2,322,844$0$0$1,783,655
73$2,399,607$0$0$1,842,651
74$2,479,154$0$0$1,903,793
75$2,561,612$0$0$1,967,177
76$2,647,111$0$0$2,032,905
77$2,735,795$0$0$2,101,088
78$2,827,812$0$0$2,171,842
79$2,923,324$0$0$2,245,290
80$3,022,500$0$0$2,321,566
81$3,125,525$0$0$2,400,810
82$3,232,591$0$0$2,483,174
83$3,343,909$0$0$2,568,820
84$3,459,701$0$0$2,657,922
85$3,580,208$0$0$2,750,664
86$3,705,686$0$0$2,847,248
87$3,836,412$0$0$2,947,888
88$3,972,684$0$0$3,052,815
89$4,114,822$0$0$3,162,279
90$4,263,171$0$0$3,276,547
91$4,418,103$0$0$3,395,910
92$4,580,022$0$0$3,520,679
93$4,749,361$0$0$3,651,195
94$4,926,592$0$0$3,787,822
95$5,112,223$0$0$3,930,958
96$5,306,807$0$0$4,081,033
97$5,510,942$0$0$4,238,512
98$5,725,278$0$0$4,403,902
99$5,950,522$0$0$4,577,754
100$6,187,440$0$0$4,760,664