Can I retire at age 35 with 652,000?

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 $652,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$53,842$53,362$52,894$52,437$51,991$51,470
2 years$26,654$26,158$25,677$25,210$24,758$24,233
3 years$17,593$17,094$16,615$16,152$15,707$15,195
4 years$13,063$12,566$12,091$11,637$11,203$10,706
5 years$10,346$9,852$9,383$8,938$8,516$8,038
6 years$8,535$8,045$7,583$7,148$6,738$6,279
7 years$7,242$6,756$6,302$5,877$5,480$5,039
8 years$6,273$5,791$5,344$4,930$4,546$4,124
9 years$5,520$5,042$4,603$4,199$3,829$3,425
10 years$4,917$4,445$4,013$3,620$3,262$2,877
11 years$4,425$3,957$3,533$3,150$2,806$2,438
12 years$4,014$3,551$3,135$2,763$2,431$2,081
13 years$3,668$3,209$2,801$2,439$2,120$1,788
14 years$3,371$2,917$2,517$2,165$1,858$1,543
15 years$3,113$2,665$2,272$1,931$1,636$1,337
16 years$2,889$2,445$2,060$1,729$1,446$1,162
17 years$2,690$2,252$1,875$1,554$1,282$1,014
18 years$2,515$2,081$1,711$1,400$1,140$886
19 years$2,357$1,928$1,567$1,265$1,016$777
20 years$2,216$1,792$1,438$1,146$908$682
21 years$2,088$1,669$1,323$1,040$812$600
22 years$1,972$1,558$1,219$946$728$528
23 years$1,867$1,457$1,126$861$654$466
24 years$1,770$1,365$1,041$785$587$411
25 years$1,681$1,281$964$717$529$363
26 years$1,599$1,204$894$656$476$321
27 years$1,523$1,133$830$600$429$284
28 years$1,453$1,068$772$550$387$251
29 years$1,388$1,007$718$504$350$223
30 years$1,327$951$669$463$316$197
31 years$1,270$899$624$425$286$175
32 years$1,217$851$582$391$258$155
33 years$1,168$806$543$359$234$138
34 years$1,121$764$508$331$212$122
35 years$1,077$725$475$304$192$109
36 years$1,036$688$444$280$174$96
37 years$996$653$416$258$158$86
38 years$959$621$389$238$143$76
39 years$925$590$365$219$130$68
40 years$891$562$342$202$117$60
41 years$860$535$320$187$107$53
42 years$830$509$301$172$97$47
43 years$802$485$282$159$88$42
44 years$775$462$265$147$80$37
45 years$749$441$249$136$72$33
46 years$724$421$234$125$66$30
47 years$701$401$219$116$60$26
48 years$679$383$206$107$54$23
49 years$657$366$194$99$49$21
50 years$637$350$182$91$45$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $652,000, adding $4,293 every year, while hoping to spend $57,808 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$652,000$652,000$652,000$652,000
35$722,932$688,376$678,270$777,664
36$735,164$660,599$639,485$786,510
37$746,706$629,524$597,463$788,368
38$757,427$594,927$552,035$788,765
39$767,180$556,574$503,023$787,531
40$775,801$514,215$450,243$784,478
41$783,108$467,587$393,502$779,400
42$788,898$416,412$332,597$772,071
43$792,945$360,396$267,319$762,243
44$794,997$299,227$197,446$749,642
45$794,776$232,578$122,749$733,967
46$791,971$160,102$42,989$714,890
47$786,238$81,433$0$692,047
48$777,194$0$0$671,333
49$764,418$0$0$653,574
50$747,438$0$0$638,416
51$725,736$0$0$619,135
52$698,735$0$0$595,230
53$665,797$0$0$566,143
54$626,217$0$0$531,261
55$579,214$0$0$489,903
56$523,924$0$0$441,316
57$459,392$0$0$384,670
58$384,562$0$0$319,043
59$298,265$0$0$243,419
60$199,213$0$0$156,674
61$85,978$0$0$57,566
62$0$0$0$0
63$0$0$0$0
64$0$0$0$0
65$0$0$0$0
66$0$0$0$0
67$0$0$0$0
68$0$0$0$0
69$0$0$0$0
70$0$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
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