Can I retire at age 35 with 655,000?

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 $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%16.1%
1 years$54,089$53,607$53,137$52,679$52,231$50,927
2 years$26,777$26,278$25,795$25,326$24,872$23,566
3 years$17,674$17,173$16,691$16,227$15,780$14,513
4 years$13,123$12,624$12,147$11,690$11,254$10,037
5 years$10,394$9,897$9,426$8,979$8,555$7,391
6 years$8,575$8,082$7,618$7,181$6,769$5,658
7 years$7,276$6,787$6,331$5,904$5,505$4,448
8 years$6,302$5,818$5,369$4,953$4,567$3,563
9 years$5,545$5,066$4,624$4,218$3,846$2,895
10 years$4,940$4,465$4,031$3,636$3,277$2,377
11 years$4,445$3,975$3,549$3,165$2,819$1,968
12 years$4,033$3,568$3,150$2,776$2,442$1,641
13 years$3,684$3,224$2,814$2,451$2,130$1,375
14 years$3,386$2,931$2,529$2,175$1,867$1,157
15 years$3,128$2,677$2,283$1,940$1,644$978
16 years$2,902$2,456$2,070$1,737$1,453$828
17 years$2,703$2,262$1,883$1,561$1,288$704
18 years$2,526$2,090$1,719$1,407$1,145$599
19 years$2,368$1,937$1,574$1,271$1,021$511
20 years$2,226$1,800$1,445$1,151$912$436
21 years$2,098$1,677$1,329$1,045$816$373
22 years$1,981$1,565$1,225$950$731$319
23 years$1,875$1,464$1,131$865$657$273
24 years$1,778$1,372$1,046$789$590$234
25 years$1,689$1,287$969$721$531$201
26 years$1,606$1,210$898$659$478$173
27 years$1,530$1,139$834$603$431$148
28 years$1,460$1,073$775$553$389$127
29 years$1,394$1,012$722$507$351$109
30 years$1,333$956$672$465$318$94
31 years$1,276$904$627$427$287$81
32 years$1,223$855$585$392$260$70
33 years$1,173$810$546$361$235$60
34 years$1,126$767$510$332$213$52
35 years$1,082$728$477$306$193$44
36 years$1,040$691$446$282$175$38
37 years$1,001$656$418$259$158$33
38 years$964$624$391$239$143$28
39 years$929$593$366$220$130$24
40 years$895$564$343$203$118$21
41 years$864$537$322$188$107$18
42 years$834$511$302$173$97$16
43 years$805$487$283$160$88$13
44 years$778$464$266$148$80$12
45 years$752$443$250$136$73$10
46 years$728$423$235$126$66$9
47 years$704$403$220$116$60$7
48 years$682$385$207$107$54$6
49 years$660$368$195$99$49$5
50 years$640$351$183$92$45$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $655,000, adding $5,633 every year, while hoping to spend $27,226 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: 67/16/17 Blend
34$655,000$655,000$655,000$655,000
35$727,620$692,905$682,753$773,009
36$772,869$697,890$676,657$809,031
37$821,821$702,205$669,444$844,706
38$874,825$705,791$661,049$883,045
39$932,264$708,582$651,401$924,308
40$994,561$710,509$640,428$968,781
41$1,062,179$711,496$628,055$1,016,782
42$1,135,628$711,466$614,202$1,068,661
43$1,215,470$710,336$598,786$1,124,804
44$1,302,322$708,017$581,719$1,185,635
45$1,396,864$704,414$562,912$1,251,626
46$1,499,842$699,429$542,268$1,323,294
47$1,612,081$692,955$519,688$1,401,212
48$1,734,483$684,881$495,068$1,486,011
49$1,868,047$675,086$468,299$1,578,388
50$2,013,869$663,447$439,268$1,679,112
51$2,173,156$649,828$407,856$1,789,030
52$2,347,238$634,089$373,939$1,909,080
53$2,537,576$616,080$337,386$2,040,293
54$2,745,784$595,642$298,063$2,183,808
55$2,973,634$572,609$255,829$2,340,883
56$3,223,079$546,802$210,534$2,512,903
57$3,496,272$518,033$162,025$2,701,400
58$3,795,579$486,105$110,141$2,908,059
59$4,123,611$450,807$54,713$3,134,743
60$4,483,240$411,917$0$3,383,505
61$4,877,630$369,200$0$3,657,415
62$5,310,267$322,409$0$3,968,808
63$5,784,988$271,282$0$4,310,541
64$6,306,023$215,541$0$4,685,689
65$6,878,030$154,894$0$5,097,641
66$7,506,137$89,033$0$5,550,133
67$8,195,998$17,630$0$6,047,284
68$8,953,839$0$0$6,593,632
69$9,786,517$0$0$7,204,683
70$10,701,589$0$0$7,879,653
71$11,707,379$0$0$8,621,583
72$12,813,058$0$0$9,437,243
73$14,028,729$0$0$10,334,092
74$15,365,524$0$0$11,320,349
75$16,835,707$0$0$12,405,068
76$18,452,789$0$0$13,598,225
77$20,231,659$0$0$14,910,810
78$22,188,720$0$0$16,354,935
79$24,342,043$0$0$17,943,941
80$26,711,544$0$0$19,692,532
81$29,319,161$0$0$21,616,905
82$32,189,071$0$0$23,734,911
83$35,347,912$0$0$26,066,215
84$38,825,034$0$0$28,632,488
85$42,652,779$0$0$31,457,607
86$46,866,784$0$0$34,567,884
87$51,506,314$0$0$37,992,309
88$56,614,639$0$0$41,762,829
89$62,239,436$0$0$45,914,643
90$68,433,240$0$0$50,486,541
91$75,253,942$0$0$55,521,264
92$82,765,331$0$0$61,065,908
93$91,037,700$0$0$67,172,373
94$100,148,506$0$0$73,897,847
95$110,183,099$0$0$81,305,346
96$121,235,534$0$0$89,464,312
97$133,409,451$0$0$98,451,267
98$146,819,055$0$0$108,350,531
99$161,590,197$0$0$119,255,023
100$177,861,557$0$0$131,267,134