Can I retire at age 35 with 653,000?

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 $653,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$53,924$53,444$52,975$52,518$52,071$50,709
2 years$26,695$26,198$25,716$25,249$24,796$23,433
3 years$17,620$17,121$16,640$16,177$15,731$14,411
4 years$13,083$12,585$12,110$11,655$11,220$9,951
5 years$10,362$9,867$9,398$8,952$8,529$7,316
6 years$8,548$8,057$7,595$7,159$6,749$5,592
7 years$7,253$6,766$6,311$5,886$5,489$4,388
8 years$6,283$5,800$5,352$4,937$4,553$3,509
9 years$5,528$5,050$4,610$4,206$3,835$2,846
10 years$4,925$4,451$4,019$3,625$3,267$2,332
11 years$4,431$3,963$3,538$3,155$2,810$1,927
12 years$4,021$3,557$3,140$2,767$2,435$1,604
13 years$3,673$3,214$2,806$2,443$2,123$1,341
14 years$3,376$2,922$2,521$2,169$1,861$1,127
15 years$3,118$2,669$2,276$1,934$1,639$950
16 years$2,893$2,449$2,063$1,732$1,448$803
17 years$2,695$2,255$1,878$1,556$1,284$681
18 years$2,518$2,084$1,714$1,402$1,142$578
19 years$2,361$1,931$1,569$1,267$1,018$492
20 years$2,219$1,795$1,440$1,148$909$419
21 years$2,091$1,672$1,325$1,042$814$357
22 years$1,975$1,560$1,221$947$729$305
23 years$1,869$1,459$1,127$862$655$261
24 years$1,773$1,367$1,042$787$588$223
25 years$1,684$1,283$966$718$529$191
26 years$1,602$1,206$896$657$477$164
27 years$1,526$1,135$832$601$430$140
28 years$1,455$1,070$773$551$388$120
29 years$1,390$1,009$719$505$350$103
30 years$1,329$953$670$464$317$88
31 years$1,272$901$625$426$286$76
32 years$1,219$852$583$391$259$65
33 years$1,169$807$544$360$234$56
34 years$1,123$765$508$331$212$48
35 years$1,079$726$475$305$192$41
36 years$1,037$689$445$281$174$35
37 years$998$654$416$259$158$30
38 years$961$622$390$238$143$26
39 years$926$591$365$220$130$22
40 years$893$562$342$203$118$19
41 years$861$535$321$187$107$16
42 years$831$510$301$173$97$14
43 years$803$486$283$159$88$12
44 years$776$463$265$147$80$10
45 years$750$442$249$136$72$9
46 years$725$421$234$126$66$8
47 years$702$402$220$116$60$7
48 years$680$384$206$107$54$6
49 years$658$366$194$99$49$5
50 years$638$350$182$92$45$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $653,000, adding $5,611 every year, while hoping to spend $20,224 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: 62/25/13 Blend
34$653,000$653,000$653,000$653,000
35$725,394$690,785$680,663$767,765
36$777,866$703,115$681,947$809,202
37$835,012$715,372$682,597$851,602
38$897,288$727,530$682,568$897,392
39$965,195$739,562$681,818$946,901
40$1,039,285$751,441$680,299$1,000,493
41$1,120,164$763,133$677,961$1,058,566
42$1,208,502$774,608$674,754$1,121,564
43$1,305,033$785,828$670,622$1,189,970
44$1,410,569$796,756$665,510$1,264,323
45$1,526,000$807,350$659,358$1,345,212
46$1,652,310$817,568$652,104$1,433,288
47$1,790,579$827,362$643,683$1,529,269
48$1,941,997$836,682$634,026$1,633,948
49$2,107,877$845,476$623,062$1,748,195
50$2,289,663$853,686$610,717$1,872,974
51$2,488,944$861,253$596,911$2,009,343
52$2,707,473$868,110$581,564$2,158,473
53$2,947,178$874,190$564,589$2,321,652
54$3,210,184$879,420$545,897$2,500,301
55$3,498,833$883,722$525,395$2,695,985
56$3,815,702$887,012$502,984$2,910,432
57$4,163,631$889,203$478,561$3,145,545
58$4,545,749$890,202$452,021$3,403,423
59$4,965,502$889,908$423,250$3,686,380
60$5,426,686$888,217$392,132$3,996,966
61$5,933,485$885,016$358,545$4,337,992
62$6,490,505$880,186$322,361$4,712,560
63$7,102,823$873,602$283,446$5,124,086
64$7,776,031$865,129$241,662$5,576,338
65$8,516,291$854,626$196,863$6,073,469
66$9,330,392$841,941$148,897$6,620,058
67$10,225,812$826,917$97,605$7,221,150
68$11,210,793$809,383$42,822$7,882,311
69$12,294,412$789,162$0$8,609,674
70$13,486,675$766,063$0$9,412,169
71$14,798,603$739,887$0$10,301,560
72$16,242,340$710,422$0$11,280,142
73$17,831,269$677,442$0$12,357,000
74$19,580,132$640,711$0$13,542,145
75$21,505,178$599,978$0$14,846,610
76$23,624,306$554,976$0$16,282,557
77$25,957,241$505,426$0$17,863,390
78$28,525,718$451,031$0$19,603,879
79$31,353,686$391,476$0$21,520,306
80$34,467,535$326,431$0$23,630,614
81$37,896,344$255,546$0$25,954,579
82$41,672,154$178,451$0$28,513,996
83$45,830,273$94,755$0$31,332,887
84$50,409,610$4,047$0$34,437,725
85$55,453,034$0$0$37,857,689
86$61,007,790$0$0$41,650,826
87$67,125,936$0$0$45,829,976
88$73,864,835$0$0$50,433,217
89$81,287,702$0$0$55,503,740
90$89,464,195$0$0$61,089,135
91$98,471,071$0$0$67,241,848
92$108,392,917$0$0$74,019,668
93$119,322,942$0$0$81,486,279
94$131,363,859$0$0$89,711,857
95$144,628,854$0$0$98,773,734
96$159,242,653$0$0$108,757,129
97$175,342,702$0$0$119,755,946
98$193,080,461$0$0$131,873,668
99$212,622,835$0$0$145,224,331
100$234,153,748$0$0$159,933,597