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%17.7%
1 years$54,254$53,771$53,300$52,839$52,390$50,754
2 years$26,859$26,358$25,874$25,404$24,948$23,314
3 years$17,728$17,226$16,742$16,276$15,828$14,247
4 years$13,163$12,663$12,184$11,726$11,289$9,774
5 years$10,425$9,928$9,455$9,007$8,581$7,136
6 years$8,601$8,107$7,641$7,203$6,790$5,416
7 years$7,298$6,808$6,350$5,922$5,522$4,219
8 years$6,321$5,836$5,385$4,968$4,581$3,348
9 years$5,562$5,081$4,638$4,231$3,858$2,694
10 years$4,955$4,479$4,044$3,647$3,287$2,190
11 years$4,459$3,987$3,560$3,174$2,827$1,795
12 years$4,045$3,579$3,159$2,784$2,450$1,480
13 years$3,696$3,234$2,823$2,458$2,136$1,227
14 years$3,396$2,940$2,536$2,182$1,873$1,022
15 years$3,137$2,685$2,290$1,946$1,649$854
16 years$2,911$2,464$2,076$1,742$1,457$715
17 years$2,711$2,269$1,889$1,566$1,292$600
18 years$2,534$2,097$1,725$1,411$1,149$505
19 years$2,375$1,943$1,579$1,275$1,024$425
20 years$2,233$1,806$1,449$1,155$915$359
21 years$2,104$1,682$1,333$1,048$819$303
22 years$1,987$1,570$1,228$953$734$256
23 years$1,881$1,468$1,134$868$659$217
24 years$1,783$1,376$1,049$791$592$183
25 years$1,694$1,291$971$723$533$155
26 years$1,611$1,213$901$661$480$132
27 years$1,535$1,142$837$605$433$112
28 years$1,464$1,076$778$554$390$95
29 years$1,399$1,015$724$508$352$80
30 years$1,337$959$674$466$318$68
31 years$1,280$906$629$428$288$58
32 years$1,227$858$586$394$260$49
33 years$1,177$812$548$362$236$42
34 years$1,130$770$512$333$213$35
35 years$1,085$730$478$307$193$30
36 years$1,043$693$447$282$175$26
37 years$1,004$658$419$260$159$22
38 years$967$625$392$240$144$18
39 years$932$595$367$221$131$16
40 years$898$566$344$204$118$13
41 years$867$539$323$188$107$11
42 years$836$513$303$174$97$10
43 years$808$489$284$160$88$8
44 years$781$466$267$148$80$7
45 years$755$444$251$137$73$6
46 years$730$424$235$126$66$5
47 years$706$404$221$117$60$4
48 years$684$386$208$108$55$4
49 years$662$369$195$100$50$3
50 years$641$352$184$92$45$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $657,000, adding $3,391 every year, while hoping to spend $22,163 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: 59/18/23 Blend
34$657,000$657,000$657,000$657,000
35$727,512$692,691$682,507$765,775
36$778,137$703,051$681,790$802,553
37$833,183$713,177$680,306$839,959
38$893,077$723,032$678,006$880,274
39$958,290$732,580$674,838$923,785
40$1,029,340$741,781$670,750$970,808
41$1,106,796$750,591$665,683$1,021,692
42$1,191,285$758,966$659,579$1,076,822
43$1,283,497$766,856$652,376$1,136,622
44$1,384,192$774,211$644,009$1,201,563
45$1,494,206$780,973$634,409$1,272,159
46$1,614,459$787,085$623,506$1,348,983
47$1,745,965$792,483$611,225$1,432,664
48$1,889,840$797,102$597,488$1,523,895
49$2,047,312$800,868$582,212$1,623,443
50$2,219,735$803,708$565,313$1,732,154
51$2,408,598$805,540$546,702$1,850,959
52$2,615,543$806,279$526,284$1,980,887
53$2,842,376$805,834$503,962$2,123,072
54$3,091,087$804,109$479,634$2,278,767
55$3,363,869$801,001$453,192$2,449,352
56$3,663,135$796,402$424,526$2,636,349
57$3,991,546$790,196$393,518$2,841,439
58$4,352,029$782,262$360,047$3,066,473
59$4,747,813$772,469$323,985$3,313,495
60$5,182,450$760,680$285,199$3,584,758
61$5,659,856$746,750$243,549$3,882,747
62$6,184,346$730,525$198,892$4,210,205
63$6,760,669$711,841$151,075$4,570,152
64$7,394,061$690,525$99,940$4,965,922
65$8,090,289$666,395$45,322$5,401,192
66$8,855,707$639,256$0$5,880,015
67$9,697,313$608,904$0$6,410,042
68$10,622,821$575,122$0$7,005,097
69$11,640,726$537,680$0$7,659,527
70$12,760,391$496,337$0$8,379,371
71$13,992,129$450,836$0$9,171,288
72$15,347,305$400,906$0$10,042,614
73$16,838,440$346,261$0$11,001,438
74$18,479,332$286,598$0$12,056,670
75$20,285,180$221,597$0$13,218,134
76$22,272,735$150,922$0$14,496,657
77$24,460,452$74,215$0$15,904,169
78$26,868,667$0$0$17,453,822
79$29,519,787$0$0$19,161,872
80$32,438,503$0$0$21,058,576
81$35,652,020$0$0$23,146,924
82$39,190,317$0$0$25,446,405
83$43,086,427$0$0$27,978,495
84$47,376,748$0$0$30,766,860
85$52,101,391$0$0$33,837,577
86$57,304,553$0$0$37,219,381
87$63,034,935$0$0$40,943,936
88$69,346,203$0$0$45,046,132
89$76,297,494$0$0$49,564,419
90$83,953,973$0$0$54,541,164
91$92,387,449$0$0$60,023,054
92$101,677,049$0$0$66,061,536
93$111,909,970$0$0$72,713,301
94$123,182,297$0$0$80,040,820
95$135,599,914$0$0$88,112,936
96$149,279,497$0$0$97,005,508
97$164,349,623$0$0$106,802,132
98$180,951,975$0$0$117,594,926
99$199,242,686$0$0$129,485,403
100$219,393,808$0$0$142,585,426