Can I retire at age 35 with 651,000?

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 $651,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$53,759$53,280$52,813$52,357$51,912$49,852
2 years$26,613$26,118$25,637$25,172$24,720$22,670
3 years$17,566$17,068$16,589$16,128$15,683$13,708
4 years$13,043$12,547$12,073$11,619$11,185$9,300
5 years$10,330$9,837$9,369$8,925$8,503$6,712
6 years$8,522$8,033$7,571$7,137$6,728$5,033
7 years$7,231$6,746$6,292$5,868$5,472$3,872
8 years$6,263$5,782$5,336$4,922$4,539$3,033
9 years$5,511$5,035$4,596$4,193$3,823$2,407
10 years$4,910$4,438$4,007$3,614$3,257$1,930
11 years$4,418$3,951$3,528$3,145$2,801$1,559
12 years$4,008$3,546$3,131$2,759$2,428$1,267
13 years$3,662$3,204$2,797$2,436$2,117$1,035
14 years$3,365$2,913$2,513$2,162$1,856$849
15 years$3,109$2,661$2,269$1,928$1,634$698
16 years$2,884$2,441$2,057$1,727$1,444$575
17 years$2,686$2,248$1,872$1,551$1,280$475
18 years$2,511$2,078$1,709$1,398$1,138$393
19 years$2,354$1,925$1,564$1,263$1,015$326
20 years$2,213$1,789$1,436$1,144$906$270
21 years$2,085$1,667$1,321$1,038$811$224
22 years$1,969$1,556$1,217$944$727$186
23 years$1,864$1,455$1,124$860$653$155
24 years$1,767$1,363$1,039$784$587$129
25 years$1,678$1,279$963$716$528$107
26 years$1,597$1,202$893$655$475$89
27 years$1,521$1,132$829$599$429$74
28 years$1,451$1,066$771$549$387$62
29 years$1,386$1,006$717$504$349$52
30 years$1,325$950$668$462$316$43
31 years$1,269$898$623$424$285$36
32 years$1,216$850$581$390$258$30
33 years$1,166$805$543$359$234$25
34 years$1,119$763$507$330$211$21
35 years$1,075$723$474$304$192$17
36 years$1,034$687$443$280$174$14
37 years$995$652$415$258$157$12
38 years$958$620$389$238$143$10
39 years$923$589$364$219$129$8
40 years$890$561$341$202$117$7
41 years$859$534$320$186$106$6
42 years$829$508$300$172$97$5
43 years$800$484$282$159$88$4
44 years$773$462$264$147$80$3
45 years$748$440$248$135$72$3
46 years$723$420$233$125$66$2
47 years$700$401$219$116$60$2
48 years$677$383$206$107$54$2
49 years$656$365$193$99$49$1
50 years$636$349$182$91$45$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $651,000, adding $2,136 every year, while hoping to spend $22,433 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: 60/33/7 Blend
34$651,000$651,000$651,000$651,000
35$719,605$685,102$675,012$761,623
36$769,136$694,804$673,756$799,719
37$822,968$704,229$671,707$838,487
38$881,515$713,340$668,813$880,204
39$945,233$722,098$665,022$925,156
40$1,014,626$730,459$660,279$973,656
41$1,090,246$738,380$654,526$1,026,049
42$1,172,701$745,810$647,703$1,082,717
43$1,262,660$752,699$639,745$1,144,079
44$1,360,862$758,991$630,586$1,210,600
45$1,468,116$764,628$620,157$1,282,790
46$1,585,316$769,547$608,385$1,361,213
47$1,713,446$773,682$595,193$1,446,491
48$1,853,587$776,963$580,502$1,539,310
49$2,006,931$779,313$564,228$1,640,424
50$2,174,792$780,652$546,283$1,750,669
51$2,358,614$780,897$526,576$1,870,963
52$2,559,988$779,957$505,012$2,002,322
53$2,780,667$777,736$481,491$2,145,863
54$3,022,582$774,132$455,908$2,302,821
55$3,287,859$769,037$428,154$2,474,555
56$3,578,838$762,338$398,115$2,662,566
57$3,898,099$753,912$365,671$2,868,509
58$4,248,483$743,631$330,698$3,094,208
59$4,633,118$731,359$293,067$3,341,677
60$5,055,452$716,951$252,640$3,613,134
61$5,519,281$700,255$209,277$3,911,027
62$6,028,788$681,107$162,828$4,238,055
63$6,588,580$659,338$113,139$4,597,193
64$7,203,735$634,765$60,048$4,991,725
65$7,879,844$607,196$3,388$5,425,268
66$8,623,067$576,428$0$5,901,814
67$9,440,193$542,246$0$6,430,025
68$10,338,699$504,423$0$7,011,039
69$11,326,825$462,718$0$7,649,965
70$12,413,647$416,877$0$8,352,719
71$13,609,167$366,632$0$9,125,819
72$14,924,403$311,698$0$9,976,453
73$16,371,498$251,777$0$10,912,546
74$17,963,827$186,550$0$11,942,832
75$19,716,131$115,685$0$13,076,942
76$21,644,650$38,827$0$14,325,491
77$23,767,277$0$0$15,700,182
78$26,103,732$0$0$17,230,038
79$28,675,739$0$0$18,929,712
80$31,507,237$0$0$20,800,932
81$34,624,605$0$0$22,861,139
82$38,056,909$0$0$25,129,550
83$41,836,177$0$0$27,627,341
84$45,997,701$0$0$30,377,846
85$50,580,368$0$0$33,406,777
86$55,627,031$0$0$36,742,466
87$61,184,908$0$0$40,416,133
88$67,306,032$0$0$44,462,182
89$74,047,739$0$0$48,918,521
90$81,473,210$0$0$53,826,924
91$89,652,066$0$0$59,233,424
92$98,661,026$0$0$65,188,746
93$108,584,630$0$0$71,748,786
94$119,516,037$0$0$78,975,140
95$131,557,904$0$0$86,935,683
96$144,823,356$0$0$95,705,212
97$159,437,050$0$0$105,366,149
98$175,536,354$0$0$116,009,320
99$193,272,645$0$0$127,734,813
100$212,812,732$0$0$140,652,921