Can I retire at age 35 with 657,000?

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 $657,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$54,254$53,771$53,300$52,839$52,390$51,929
2 years$26,859$26,358$25,874$25,404$24,948$24,483
3 years$17,728$17,226$16,742$16,276$15,828$15,374
4 years$13,163$12,663$12,184$11,726$11,289$10,850
5 years$10,425$9,928$9,455$9,007$8,581$8,158
6 years$8,601$8,107$7,641$7,203$6,790$6,383
7 years$7,298$6,808$6,350$5,922$5,522$5,131
8 years$6,321$5,836$5,385$4,968$4,581$4,207
9 years$5,562$5,081$4,638$4,231$3,858$3,500
10 years$4,955$4,479$4,044$3,647$3,287$2,945
11 years$4,459$3,987$3,560$3,174$2,827$2,501
12 years$4,045$3,579$3,159$2,784$2,450$2,139
13 years$3,696$3,234$2,823$2,458$2,136$1,840
14 years$3,396$2,940$2,536$2,182$1,873$1,591
15 years$3,137$2,685$2,290$1,946$1,649$1,382
16 years$2,911$2,464$2,076$1,742$1,457$1,204
17 years$2,711$2,269$1,889$1,566$1,292$1,052
18 years$2,534$2,097$1,725$1,411$1,149$922
19 years$2,375$1,943$1,579$1,275$1,024$810
20 years$2,233$1,806$1,449$1,155$915$712
21 years$2,104$1,682$1,333$1,048$819$628
22 years$1,987$1,570$1,228$953$734$554
23 years$1,881$1,468$1,134$868$659$490
24 years$1,783$1,376$1,049$791$592$433
25 years$1,694$1,291$971$723$533$384
26 years$1,611$1,213$901$661$480$340
27 years$1,535$1,142$837$605$433$301
28 years$1,464$1,076$778$554$390$268
29 years$1,399$1,015$724$508$352$238
30 years$1,337$959$674$466$318$211
31 years$1,280$906$629$428$288$188
32 years$1,227$858$586$394$260$167
33 years$1,177$812$548$362$236$148
34 years$1,130$770$512$333$213$132
35 years$1,085$730$478$307$193$118
36 years$1,043$693$447$282$175$105
37 years$1,004$658$419$260$159$93
38 years$967$625$392$240$144$83
39 years$932$595$367$221$131$74
40 years$898$566$344$204$118$66
41 years$867$539$323$188$107$59
42 years$836$513$303$174$97$52
43 years$808$489$284$160$88$47
44 years$781$466$267$148$80$42
45 years$755$444$251$137$73$37
46 years$730$424$235$126$66$33
47 years$706$404$221$117$60$29
48 years$684$386$208$108$55$26
49 years$662$369$195$100$50$23
50 years$641$352$184$92$45$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $657,000, adding $5,315 every year, while hoping to spend $21,786 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: 26/49/25 Blend
34$657,000$657,000$657,000$657,000
35$729,496$694,675$684,492$742,618
36$780,725$705,534$684,242$764,502
37$836,449$716,195$683,254$785,735
38$897,103$726,625$681,480$808,061
39$963,167$736,790$678,869$831,585
40$1,035,168$746,651$675,369$856,427
41$1,113,687$756,168$670,926$882,716
42$1,199,362$765,299$665,481$910,601
43$1,292,896$773,998$658,974$940,242
44$1,395,064$782,217$651,342$971,821
45$1,506,717$789,902$642,518$1,005,538
46$1,628,793$796,998$632,433$1,041,614
47$1,762,326$803,446$621,015$1,080,297
48$1,908,452$809,184$608,188$1,121,860
49$2,068,423$814,143$593,871$1,166,607
50$2,243,618$818,252$577,982$1,214,875
51$2,435,556$821,436$560,434$1,267,038
52$2,645,909$823,612$541,135$1,323,509
53$2,876,519$824,696$519,990$1,384,748
54$3,129,414$824,597$496,900$1,451,263
55$3,406,828$823,216$471,760$1,523,618
56$3,711,223$820,451$444,461$1,602,436
57$4,045,307$816,193$414,891$1,688,409
58$4,412,068$810,326$382,929$1,782,302
59$4,814,794$802,727$348,452$1,884,962
60$5,257,108$793,265$311,330$1,997,327
61$5,743,000$781,803$271,427$2,120,434
62$6,276,869$768,193$228,602$2,255,431
63$6,863,556$752,282$182,707$2,403,588
64$7,508,399$733,903$133,588$2,566,310
65$8,217,275$712,885$81,083$2,745,150
66$8,996,662$689,041$25,024$2,941,825
67$9,853,695$662,177$0$3,158,236
68$10,796,236$632,088$0$3,405,763
69$11,832,946$598,554$0$3,685,171
70$12,973,368$561,345$0$3,992,394
71$14,228,018$520,217$0$4,330,318
72$15,608,480$474,912$0$4,702,129
73$17,127,519$425,157$0$5,111,345
74$18,799,199$370,663$0$5,561,846
75$20,639,019$311,126$0$6,057,915
76$22,664,052$246,225$0$6,604,279
77$24,893,114$175,619$0$7,206,154
78$27,346,936$98,949$0$7,869,295
79$30,048,362$15,835$0$8,600,051
80$33,022,563$0$0$9,405,427
81$36,297,274$0$0$10,333,120
82$39,903,057$0$0$11,364,146
83$43,873,589$0$0$12,499,613
84$48,245,979$0$0$13,750,152
85$53,061,117$0$0$15,127,477
86$58,364,062$0$0$16,644,495
87$64,204,464$0$0$18,315,431
88$70,637,037$0$0$20,155,958
89$77,722,069$0$0$22,183,348
90$85,525,996$0$0$24,416,634
91$94,122,026$0$0$26,876,787
92$103,590,831$0$0$29,586,921
93$114,021,307$0$0$32,572,503
94$125,511,415$0$0$35,861,597
95$138,169,102$0$0$39,485,129
96$152,113,321$0$0$43,477,180
97$167,475,157$0$0$47,875,304
98$184,399,058$0$0$52,720,885
99$203,044,202$0$0$58,059,528
100$223,585,998$0$0$63,941,487