Can I retire at age 35 with 657,000?

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 $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%20%
1 years$54,254$53,771$53,300$52,839$52,390$50,292
2 years$26,859$26,358$25,874$25,404$24,948$22,860
3 years$17,728$17,226$16,742$16,276$15,828$13,816
4 years$13,163$12,663$12,184$11,726$11,289$9,369
5 years$10,425$9,928$9,455$9,007$8,581$6,758
6 years$8,601$8,107$7,641$7,203$6,790$5,065
7 years$7,298$6,808$6,350$5,922$5,522$3,894
8 years$6,321$5,836$5,385$4,968$4,581$3,048
9 years$5,562$5,081$4,638$4,231$3,858$2,418
10 years$4,955$4,479$4,044$3,647$3,287$1,937
11 years$4,459$3,987$3,560$3,174$2,827$1,564
12 years$4,045$3,579$3,159$2,784$2,450$1,271
13 years$3,696$3,234$2,823$2,458$2,136$1,037
14 years$3,396$2,940$2,536$2,182$1,873$850
15 years$3,137$2,685$2,290$1,946$1,649$698
16 years$2,911$2,464$2,076$1,742$1,457$575
17 years$2,711$2,269$1,889$1,566$1,292$475
18 years$2,534$2,097$1,725$1,411$1,149$393
19 years$2,375$1,943$1,579$1,275$1,024$325
20 years$2,233$1,806$1,449$1,155$915$269
21 years$2,104$1,682$1,333$1,048$819$223
22 years$1,987$1,570$1,228$953$734$186
23 years$1,881$1,468$1,134$868$659$154
24 years$1,783$1,376$1,049$791$592$128
25 years$1,694$1,291$971$723$533$107
26 years$1,611$1,213$901$661$480$89
27 years$1,535$1,142$837$605$433$74
28 years$1,464$1,076$778$554$390$61
29 years$1,399$1,015$724$508$352$51
30 years$1,337$959$674$466$318$43
31 years$1,280$906$629$428$288$35
32 years$1,227$858$586$394$260$30
33 years$1,177$812$548$362$236$25
34 years$1,130$770$512$333$213$20
35 years$1,085$730$478$307$193$17
36 years$1,043$693$447$282$175$14
37 years$1,004$658$419$260$159$12
38 years$967$625$392$240$144$10
39 years$932$595$367$221$131$8
40 years$898$566$344$204$118$7
41 years$867$539$323$188$107$6
42 years$836$513$303$174$97$5
43 years$808$489$284$160$88$4
44 years$781$466$267$148$80$3
45 years$755$444$251$137$73$3
46 years$730$424$235$126$66$2
47 years$706$404$221$117$60$2
48 years$684$386$208$108$55$2
49 years$662$369$195$100$50$1
50 years$641$352$184$92$45$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $657,000, adding $3,021 every year, while hoping to spend $22,007 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: 65/13/22 Blend
34$657,000$657,000$657,000$657,000
35$727,130$692,309$682,126$770,099
36$777,882$702,817$681,562$809,881
37$833,073$713,102$680,241$850,576
38$893,133$723,131$678,115$894,542
39$958,534$732,865$675,134$942,101
40$1,029,797$742,268$671,243$993,609
41$1,107,493$751,296$666,387$1,049,456
42$1,192,253$759,905$660,506$1,110,076
43$1,284,770$768,048$653,541$1,175,944
44$1,385,808$775,673$645,425$1,247,585
45$1,496,206$782,727$636,092$1,325,578
46$1,616,889$789,151$625,472$1,410,563
47$1,748,877$794,884$613,490$1,503,244
48$1,893,289$799,861$600,069$1,604,397
49$2,051,362$804,011$585,129$1,714,879
50$2,224,454$807,261$568,584$1,835,635
51$2,414,063$809,531$550,346$1,967,706
52$2,621,838$810,739$530,323$2,112,241
53$2,849,594$810,794$508,417$2,270,506
54$3,099,332$809,602$484,529$2,443,899
55$3,373,254$807,062$458,550$2,633,960
56$3,673,786$803,069$430,372$2,842,386
57$4,003,601$797,508$399,879$3,071,051
58$4,365,643$790,260$366,949$3,322,019
59$4,763,153$781,198$331,457$3,597,566
60$5,199,704$770,186$293,270$3,900,205
61$5,679,231$757,082$252,252$4,232,701
62$6,206,069$741,735$208,258$4,598,107
63$6,784,991$723,984$161,138$4,999,787
64$7,421,260$703,658$110,736$5,441,451
65$8,120,670$680,580$56,887$5,927,188
66$8,889,607$654,557$0$6,461,508
67$9,735,106$625,388$0$7,049,518
68$10,664,916$592,862$0$7,710,821
69$11,687,577$556,752$0$8,438,136
70$12,812,497$516,820$0$9,238,168
71$14,050,041$472,814$0$10,118,308
72$15,411,631$424,467$0$11,086,700
73$16,909,851$371,499$0$12,152,320
74$18,558,565$313,612$0$13,325,057
75$20,373,052$250,492$0$14,615,813
76$22,370,143$181,807$0$16,036,599
77$24,568,388$107,205$0$17,600,653
78$26,988,223$26,318$0$19,322,562
79$29,652,168$0$0$21,218,405
80$32,585,037$0$0$23,314,660
81$35,814,171$0$0$25,626,869
82$39,369,698$0$0$28,172,849
83$43,284,818$0$0$30,976,378
84$47,596,111$0$0$34,063,658
85$52,343,888$0$0$37,463,563
86$57,572,566$0$0$41,207,909
87$63,331,093$0$0$45,331,755
88$69,673,401$0$0$49,873,733
89$76,658,926$0$0$54,876,415
90$84,353,157$0$0$60,386,710
91$92,828,263$0$0$66,456,311
92$102,163,769$0$0$73,142,182
93$112,447,307$0$0$80,507,092
94$123,775,446$0$0$88,620,213
95$136,254,599$0$0$97,557,765
96$150,002,027$0$0$107,403,744
97$165,146,952$0$0$118,250,708
98$181,831,767$0$0$130,200,653
99$200,213,388$0$0$143,365,977
100$220,464,729$0$0$157,870,536