Can I retire at age 35 with 655,000?

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 $655,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$54,089$53,607$53,137$52,679$52,231$51,155
2 years$26,777$26,278$25,795$25,326$24,872$23,793
3 years$17,674$17,173$16,691$16,227$15,780$14,732
4 years$13,123$12,624$12,147$11,690$11,254$10,245
5 years$10,394$9,897$9,426$8,979$8,555$7,587
6 years$8,575$8,082$7,618$7,181$6,769$5,844
7 years$7,276$6,787$6,331$5,904$5,505$4,622
8 years$6,302$5,818$5,369$4,953$4,567$3,727
9 years$5,545$5,066$4,624$4,218$3,846$3,048
10 years$4,940$4,465$4,031$3,636$3,277$2,519
11 years$4,445$3,975$3,549$3,165$2,819$2,101
12 years$4,033$3,568$3,150$2,776$2,442$1,764
13 years$3,684$3,224$2,814$2,451$2,130$1,489
14 years$3,386$2,931$2,529$2,175$1,867$1,263
15 years$3,128$2,677$2,283$1,940$1,644$1,075
16 years$2,902$2,456$2,070$1,737$1,453$918
17 years$2,703$2,262$1,883$1,561$1,288$786
18 years$2,526$2,090$1,719$1,407$1,145$675
19 years$2,368$1,937$1,574$1,271$1,021$580
20 years$2,226$1,800$1,445$1,151$912$499
21 years$2,098$1,677$1,329$1,045$816$431
22 years$1,981$1,565$1,225$950$731$372
23 years$1,875$1,464$1,131$865$657$321
24 years$1,778$1,372$1,046$789$590$278
25 years$1,689$1,287$969$721$531$240
26 years$1,606$1,210$898$659$478$208
27 years$1,530$1,139$834$603$431$180
28 years$1,460$1,073$775$553$389$156
29 years$1,394$1,012$722$507$351$136
30 years$1,333$956$672$465$318$118
31 years$1,276$904$627$427$287$102
32 years$1,223$855$585$392$260$89
33 years$1,173$810$546$361$235$77
34 years$1,126$767$510$332$213$67
35 years$1,082$728$477$306$193$58
36 years$1,040$691$446$282$175$50
37 years$1,001$656$418$259$158$44
38 years$964$624$391$239$143$38
39 years$929$593$366$220$130$33
40 years$895$564$343$203$118$29
41 years$864$537$322$188$107$25
42 years$834$511$302$173$97$22
43 years$805$487$283$160$88$19
44 years$778$464$266$148$80$16
45 years$752$443$250$136$73$14
46 years$728$423$235$126$66$12
47 years$704$403$220$116$60$11
48 years$682$385$207$107$54$9
49 years$660$368$195$99$49$8
50 years$640$351$183$92$45$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $655,000, adding $5,622 every year, while hoping to spend $21,211 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: 28/45/27 Blend
34$655,000$655,000$655,000$655,000
35$727,609$692,894$682,742$741,761
36$779,257$704,278$683,045$764,848
37$835,462$715,508$682,648$787,424
38$896,666$726,555$681,504$811,249
39$963,357$737,388$679,565$836,444
40$1,036,071$747,970$676,782$863,146
41$1,115,396$758,267$673,100$891,504
42$1,201,982$768,238$668,465$921,684
43$1,296,544$777,841$662,818$953,870
44$1,399,868$787,032$656,099$988,268
45$1,512,820$795,762$648,243$1,025,104
46$1,636,353$803,979$639,185$1,064,629
47$1,771,517$811,630$628,853$1,107,121
48$1,919,468$818,656$617,176$1,152,891
49$2,081,478$824,995$604,076$1,202,279
50$2,258,949$830,581$589,474$1,255,665
51$2,453,426$835,342$573,284$1,313,468
52$2,666,606$839,205$555,421$1,376,154
53$2,900,364$842,090$535,791$1,444,236
54$3,156,760$843,912$514,299$1,518,284
55$3,438,066$844,580$490,845$1,598,929
56$3,746,784$844,000$465,323$1,686,868
57$4,085,670$842,069$437,625$1,782,872
58$4,457,758$838,681$407,635$1,887,797
59$4,866,393$833,719$375,235$2,002,586
60$5,315,257$827,064$340,298$2,128,284
61$5,808,410$818,587$302,694$2,266,045
62$6,350,320$808,150$262,286$2,417,147
63$6,945,913$795,609$218,933$2,583,001
64$7,600,614$780,812$172,485$2,765,167
65$8,320,400$763,596$122,787$2,965,371
66$9,111,857$743,788$69,677$3,185,517
67$9,982,240$721,207$12,985$3,427,711
68$10,939,543$695,661$0$3,694,279
69$11,992,573$666,945$0$4,001,481
70$13,151,034$634,843$0$4,343,348
71$14,425,617$599,128$0$4,719,326
72$15,828,102$559,558$0$5,132,936
73$17,371,470$515,877$0$5,588,062
74$19,070,022$467,817$0$6,088,989
75$20,939,516$415,092$0$6,640,444
76$22,997,315$357,400$0$7,247,643
77$25,262,552$294,423$0$7,916,337
78$27,756,307$225,825$0$8,652,872
79$30,501,811$151,251$0$9,464,248
80$33,524,658$70,324$0$10,358,185
81$36,853,052$0$0$11,343,197
82$40,518,073$0$0$12,437,268
83$44,553,965$0$0$13,680,536
84$48,998,464$0$0$15,049,819
85$53,893,152$0$0$16,557,945
86$59,283,849$0$0$18,219,052
87$65,221,045$0$0$20,048,716
88$71,760,378$0$0$22,064,102
89$78,963,156$0$0$24,284,125
90$86,896,940$0$0$26,729,630
91$95,636,174$0$0$29,423,584
92$105,262,897$0$0$32,391,300
93$115,867,508$0$0$35,660,667
94$127,549,625$0$0$39,262,422
95$140,419,023$0$0$43,230,433
96$154,596,668$0$0$47,602,023
97$170,215,862$0$0$52,418,321
98$187,423,499$0$0$57,724,650
99$206,381,453$0$0$63,570,954
100$227,268,102$0$0$70,012,270