Can I retire at age 35 with 654,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $654,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$54,007$53,526$53,056$52,598$52,151$50,623
2 years$26,736$26,238$25,755$25,288$24,834$23,307
3 years$17,647$17,147$16,666$16,202$15,756$14,278
4 years$13,103$12,605$12,128$11,673$11,237$9,819
5 years$10,378$9,882$9,412$8,966$8,542$7,189
6 years$8,561$8,070$7,606$7,170$6,759$5,471
7 years$7,265$6,777$6,321$5,895$5,497$4,274
8 years$6,292$5,809$5,361$4,945$4,560$3,402
9 years$5,537$5,058$4,617$4,212$3,840$2,745
10 years$4,932$4,458$4,025$3,631$3,272$2,239
11 years$4,438$3,969$3,544$3,160$2,814$1,841
12 years$4,027$3,562$3,145$2,772$2,439$1,523
13 years$3,679$3,219$2,810$2,447$2,127$1,267
14 years$3,381$2,926$2,525$2,172$1,864$1,059
15 years$3,123$2,673$2,279$1,937$1,641$887
16 years$2,897$2,453$2,067$1,735$1,451$746
17 years$2,699$2,259$1,881$1,558$1,286$629
18 years$2,522$2,087$1,717$1,404$1,144$531
19 years$2,365$1,934$1,572$1,269$1,019$449
20 years$2,223$1,797$1,442$1,149$911$380
21 years$2,095$1,674$1,327$1,043$815$322
22 years$1,978$1,563$1,223$948$730$273
23 years$1,872$1,462$1,129$864$656$232
24 years$1,775$1,370$1,044$788$589$197
25 years$1,686$1,285$967$719$530$168
26 years$1,604$1,208$897$658$478$143
27 years$1,528$1,137$833$602$431$122
28 years$1,458$1,071$774$552$389$104
29 years$1,392$1,011$720$506$351$88
30 years$1,331$954$671$464$317$75
31 years$1,274$902$626$426$287$64
32 years$1,221$854$584$392$259$55
33 years$1,171$808$545$360$235$47
34 years$1,124$766$509$332$212$40
35 years$1,080$727$476$305$192$34
36 years$1,039$690$445$281$174$29
37 years$999$655$417$259$158$25
38 years$962$623$390$239$143$21
39 years$927$592$366$220$130$18
40 years$894$563$343$203$118$15
41 years$863$536$321$187$107$13
42 years$833$511$302$173$97$11
43 years$804$487$283$160$88$9
44 years$777$464$266$147$80$8
45 years$751$442$249$136$73$7
46 years$727$422$234$126$66$6
47 years$703$403$220$116$60$5
48 years$681$384$207$107$54$4
49 years$659$367$194$99$49$4
50 years$639$351$183$92$45$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $654,000, adding $5,700 every year, while hoping to spend $41,036 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: 44/38/18 Blend
34$654,000$654,000$654,000$654,000
35$726,588$691,926$681,789$754,547
36$757,037$682,168$660,966$764,994
37$789,218$670,557$638,072$771,805
38$823,262$656,958$612,991$778,325
39$859,316$641,230$585,607$784,544
40$897,537$623,221$555,796$790,458
41$938,100$602,773$523,429$796,062
42$981,194$579,717$488,372$801,357
43$1,027,027$553,875$450,484$806,346
44$1,075,827$525,057$409,618$811,037
45$1,127,841$493,065$365,620$815,443
46$1,183,343$457,687$318,330$819,581
47$1,242,630$418,700$267,580$823,477
48$1,306,030$375,868$213,196$827,162
49$1,373,901$328,942$154,994$830,677
50$1,446,637$277,658$92,785$834,073
51$1,524,669$221,738$26,368$837,410
52$1,608,470$160,888$0$840,763
53$1,698,560$94,797$0$852,768
54$1,795,509$23,138$0$870,940
55$1,899,943$0$0$890,375
56$2,012,549$0$0$934,024
57$2,134,085$0$0$991,636
58$2,265,379$0$0$1,053,939
59$2,407,344$0$0$1,121,374
60$2,560,982$0$0$1,194,424
61$2,727,397$0$0$1,273,624
62$2,907,799$0$0$1,359,559
63$3,103,522$0$0$1,452,874
64$3,316,031$0$0$1,554,279
65$3,546,939$0$0$1,664,553
66$3,798,018$0$0$1,784,555
67$4,071,221$0$0$1,915,229
68$4,368,692$0$0$2,057,614
69$4,692,796$0$0$2,212,854
70$5,046,130$0$0$2,382,207
71$5,431,557$0$0$2,567,059
72$5,852,225$0$0$2,768,935
73$6,311,600$0$0$2,989,513
74$6,813,499$0$0$3,230,642
75$7,362,122$0$0$3,494,356
76$7,962,095$0$0$3,782,896
77$8,618,510$0$0$4,098,729
78$9,336,973$0$0$4,444,571
79$10,123,661$0$0$4,823,413
80$10,985,371$0$0$5,238,551
81$11,929,592$0$0$5,693,612
82$12,964,571$0$0$6,192,592
83$14,099,390$0$0$6,739,893
84$15,344,052$0$0$7,340,361
85$16,709,575$0$0$7,999,336
86$18,208,095$0$0$8,722,700
87$19,852,979$0$0$9,516,931
88$21,658,953$0$0$10,389,167
89$23,642,237$0$0$11,347,267
90$25,820,699$0$0$12,399,894
91$28,214,023$0$0$13,556,587
92$30,843,894$0$0$14,827,859
93$33,734,202$0$0$16,225,287
94$36,911,263$0$0$17,761,631
95$40,404,075$0$0$19,450,944
96$44,244,581$0$0$21,308,713
97$48,467,976$0$0$23,351,998
98$53,113,036$0$0$25,599,597
99$58,222,485$0$0$28,072,220
100$63,843,393$0$0$30,792,687