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%13.6%
1 years$53,676$53,198$52,732$52,276$51,832$51,057
2 years$26,572$26,078$25,598$25,133$24,682$23,903
3 years$17,539$17,042$16,564$16,103$15,659$14,901
4 years$13,023$12,528$12,054$11,601$11,168$10,436
5 years$10,314$9,822$9,354$8,911$8,490$7,786
6 years$8,509$8,020$7,560$7,126$6,718$6,042
7 years$7,220$6,735$6,282$5,859$5,463$4,817
8 years$6,254$5,773$5,328$4,915$4,532$3,915
9 years$5,503$5,027$4,589$4,186$3,817$3,229
10 years$4,902$4,431$4,001$3,609$3,252$2,692
11 years$4,411$3,945$3,522$3,141$2,797$2,265
12 years$4,002$3,540$3,126$2,755$2,424$1,919
13 years$3,656$3,200$2,793$2,432$2,114$1,635
14 years$3,360$2,908$2,509$2,159$1,853$1,400
15 years$3,104$2,657$2,266$1,925$1,631$1,203
16 years$2,880$2,438$2,054$1,724$1,442$1,038
17 years$2,682$2,245$1,869$1,549$1,278$897
18 years$2,507$2,074$1,706$1,396$1,137$778
19 years$2,350$1,923$1,562$1,261$1,013$676
20 years$2,209$1,786$1,433$1,142$905$588
21 years$2,082$1,664$1,319$1,037$810$512
22 years$1,966$1,553$1,215$943$726$447
23 years$1,861$1,453$1,122$858$652$391
24 years$1,764$1,361$1,038$783$586$341
25 years$1,676$1,277$961$715$527$299
26 years$1,594$1,201$891$654$475$262
27 years$1,519$1,130$828$598$428$229
28 years$1,449$1,065$769$548$386$201
29 years$1,384$1,004$716$503$349$176
30 years$1,323$949$667$461$315$155
31 years$1,267$897$622$424$285$136
32 years$1,214$848$580$390$258$119
33 years$1,164$803$542$358$233$105
34 years$1,117$762$506$330$211$92
35 years$1,074$722$473$303$191$81
36 years$1,032$686$443$279$173$71
37 years$993$651$414$257$157$63
38 years$957$619$388$237$142$55
39 years$922$588$364$219$129$48
40 years$889$560$341$202$117$43
41 years$857$533$319$186$106$37
42 years$828$508$300$172$96$33
43 years$799$484$281$159$87$29
44 years$772$461$264$146$79$26
45 years$747$440$248$135$72$22
46 years$722$419$233$125$65$20
47 years$699$400$219$115$59$17
48 years$676$382$206$107$54$15
49 years$655$365$193$99$49$13
50 years$635$348$182$91$45$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $650,000, adding $6,966 every year, while hoping to spend $50,423 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: 79/7/14 Blend
34$650,000$650,000$650,000$650,000
35$723,485$689,035$678,960$778,049
36$743,631$669,148$648,056$795,052
37$764,142$646,597$614,426$806,536
38$785,002$621,198$577,927$817,705
39$806,191$592,755$538,406$828,504
40$827,687$561,065$495,707$838,877
41$849,462$525,908$449,664$848,761
42$871,485$487,055$400,106$858,085
43$893,718$444,263$346,851$866,774
44$916,120$397,274$289,713$874,745
45$938,640$345,817$228,495$881,907
46$961,224$289,604$162,992$888,161
47$983,807$228,333$92,990$893,397
48$1,006,316$161,682$18,266$897,498
49$1,028,669$89,313$0$900,333
50$1,050,773$10,870$0$910,943
51$1,072,523$0$0$923,498
52$1,093,800$0$0$940,836
53$1,114,472$0$0$958,473
54$1,134,389$0$0$975,442
55$1,153,384$0$0$991,597
56$1,171,271$0$0$1,006,774
57$1,187,839$0$0$1,020,791
58$1,202,856$0$0$1,033,445
59$1,216,061$0$0$1,044,509
60$1,227,164$0$0$1,053,728
61$1,235,842$0$0$1,060,823
62$1,241,736$0$0$1,065,479
63$1,244,446$0$0$1,067,349
64$1,243,528$0$0$1,066,044
65$1,238,489$0$0$1,061,136
66$1,228,782$0$0$1,052,148
67$1,213,800$0$0$1,038,550
68$1,192,870$0$0$1,019,756
69$1,165,245$0$0$995,117
70$1,130,100$0$0$963,912
71$1,086,519$0$0$925,343
72$1,033,489$0$0$878,529
73$969,888$0$0$822,491
74$894,477$0$0$756,150
75$805,881$0$0$678,310
76$702,584$0$0$587,649
77$582,908$0$0$482,705
78$444,997$0$0$361,863
79$286,803$0$0$223,337
80$106,060$0$0$65,156
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0