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%11.5%
1 years$54,089$53,607$53,137$52,679$52,231$51,901
2 years$26,777$26,278$25,795$25,326$24,872$24,540
3 years$17,674$17,173$16,691$16,227$15,780$15,455
4 years$13,123$12,624$12,147$11,690$11,254$10,939
5 years$10,394$9,897$9,426$8,979$8,555$8,251
6 years$8,575$8,082$7,618$7,181$6,769$6,477
7 years$7,276$6,787$6,331$5,904$5,505$5,224
8 years$6,302$5,818$5,369$4,953$4,567$4,297
9 years$5,545$5,066$4,624$4,218$3,846$3,588
10 years$4,940$4,465$4,031$3,636$3,277$3,030
11 years$4,445$3,975$3,549$3,165$2,819$2,582
12 years$4,033$3,568$3,150$2,776$2,442$2,217
13 years$3,684$3,224$2,814$2,451$2,130$1,915
14 years$3,386$2,931$2,529$2,175$1,867$1,662
15 years$3,128$2,677$2,283$1,940$1,644$1,449
16 years$2,902$2,456$2,070$1,737$1,453$1,268
17 years$2,703$2,262$1,883$1,561$1,288$1,113
18 years$2,526$2,090$1,719$1,407$1,145$979
19 years$2,368$1,937$1,574$1,271$1,021$864
20 years$2,226$1,800$1,445$1,151$912$763
21 years$2,098$1,677$1,329$1,045$816$676
22 years$1,981$1,565$1,225$950$731$599
23 years$1,875$1,464$1,131$865$657$532
24 years$1,778$1,372$1,046$789$590$472
25 years$1,689$1,287$969$721$531$420
26 years$1,606$1,210$898$659$478$374
27 years$1,530$1,139$834$603$431$333
28 years$1,460$1,073$775$553$389$297
29 years$1,394$1,012$722$507$351$265
30 years$1,333$956$672$465$318$237
31 years$1,276$904$627$427$287$212
32 years$1,223$855$585$392$260$189
33 years$1,173$810$546$361$235$169
34 years$1,126$767$510$332$213$151
35 years$1,082$728$477$306$193$135
36 years$1,040$691$446$282$175$121
37 years$1,001$656$418$259$158$108
38 years$964$624$391$239$143$97
39 years$929$593$366$220$130$87
40 years$895$564$343$203$118$78
41 years$864$537$322$188$107$70
42 years$834$511$302$173$97$62
43 years$805$487$283$160$88$56
44 years$778$464$266$148$80$50
45 years$752$443$250$136$73$45
46 years$728$423$235$126$66$40
47 years$704$403$220$116$60$36
48 years$682$385$207$107$54$32
49 years$660$368$195$99$49$29
50 years$640$351$183$92$45$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $655,000, adding $4,157 every year, while hoping to spend $24,966 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: 63/32/5 Blend
34$655,000$655,000$655,000$655,000
35$726,098$691,383$681,230$771,037
36$773,596$698,697$677,488$808,793
37$825,103$705,533$672,783$846,671
38$881,000$711,840$667,058$887,370
39$941,708$717,567$660,251$931,161
40$1,007,690$722,655$652,297$978,342
41$1,079,455$727,046$643,130$1,029,243
42$1,157,563$730,675$632,678$1,084,228
43$1,242,630$733,474$620,868$1,143,698
44$1,335,334$735,370$607,623$1,208,095
45$1,436,422$736,286$592,862$1,277,909
46$1,546,714$736,142$576,501$1,353,677
47$1,667,115$734,849$558,450$1,435,993
48$1,798,620$732,316$538,617$1,525,513
49$1,942,325$728,445$516,906$1,622,959
50$2,099,435$723,132$493,216$1,729,129
51$2,271,279$716,267$467,440$1,844,902
52$2,459,319$707,733$439,468$1,971,249
53$2,665,164$697,406$409,185$2,109,240
54$2,890,587$685,156$376,470$2,260,055
55$3,137,542$670,844$341,196$2,424,998
56$3,408,177$654,321$303,232$2,605,505
57$3,704,862$635,433$262,441$2,803,160
58$4,030,203$614,015$218,678$3,019,711
59$4,387,074$589,892$171,794$3,257,087
60$4,778,638$562,879$121,631$3,517,413
61$5,208,380$532,781$68,027$3,803,036
62$5,680,139$499,391$10,810$4,116,543
63$6,198,143$462,491$0$4,460,786
64$6,767,050$421,850$0$4,841,594
65$7,391,992$377,223$0$5,260,545
66$8,078,621$328,353$0$5,720,901
67$8,833,164$274,967$0$6,226,893
68$9,662,483$216,776$0$6,783,188
69$10,574,134$153,476$0$7,394,930
70$11,576,446$84,746$0$8,067,794
71$12,678,591$10,246$0$8,808,033
72$13,890,677$0$0$9,622,545
73$15,223,841$0$0$10,543,718
74$16,690,352$0$0$11,561,052
75$18,303,727$0$0$12,680,322
76$20,078,862$0$0$13,911,870
77$22,032,168$0$0$15,267,087
78$24,181,726$0$0$16,758,527
79$26,547,461$0$0$18,400,022
80$29,151,326$0$0$20,206,810
81$32,017,510$0$0$22,195,685
82$35,172,666$0$0$24,385,151
83$38,646,163$0$0$26,795,596
84$42,470,363$0$0$29,449,486
85$46,680,923$0$0$32,371,575
86$51,317,135$0$0$35,589,143
87$56,422,296$0$0$39,132,246
88$62,044,114$0$0$43,034,005
89$68,235,160$0$0$47,330,917
90$75,053,363$0$0$52,063,199
91$82,562,556$0$0$57,275,166
92$90,833,080$0$0$63,015,651
93$99,942,446$0$0$69,338,466
94$109,976,065$0$0$76,302,908
95$121,028,057$0$0$83,974,319
96$133,202,137$0$0$92,424,701
97$146,612,594$0$0$101,733,400
98$161,385,368$0$0$111,987,849
99$177,659,241$0$0$123,284,398
100$195,587,145$0$0$135,729,220