Can I retire at age 35 with 658,000?

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 $658,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$54,337$53,853$53,381$52,920$52,470$51,243
2 years$26,900$26,399$25,913$25,442$24,986$23,757
3 years$17,755$17,252$16,767$16,301$15,852$14,659
4 years$13,183$12,682$12,202$11,744$11,306$10,158
5 years$10,441$9,943$9,470$9,021$8,594$7,496
6 years$8,614$8,119$7,653$7,214$6,800$5,751
7 years$7,309$6,818$6,360$5,931$5,531$4,531
8 years$6,331$5,845$5,393$4,975$4,588$3,638
9 years$5,570$5,089$4,645$4,238$3,864$2,963
10 years$4,962$4,485$4,050$3,653$3,292$2,439
11 years$4,465$3,993$3,565$3,179$2,831$2,025
12 years$4,051$3,584$3,164$2,789$2,454$1,692
13 years$3,701$3,239$2,827$2,462$2,140$1,422
14 years$3,402$2,944$2,540$2,185$1,876$1,200
15 years$3,142$2,689$2,293$1,949$1,651$1,017
16 years$2,915$2,468$2,079$1,745$1,460$864
17 years$2,715$2,273$1,892$1,568$1,294$736
18 years$2,538$2,100$1,727$1,413$1,151$628
19 years$2,379$1,946$1,581$1,277$1,026$537
20 years$2,236$1,808$1,451$1,156$916$460
21 years$2,107$1,685$1,335$1,050$820$395
22 years$1,990$1,572$1,230$954$735$339
23 years$1,884$1,471$1,136$869$660$291
24 years$1,786$1,378$1,050$793$593$251
25 years$1,696$1,293$973$724$534$216
26 years$1,614$1,215$902$662$481$186
27 years$1,537$1,144$838$606$433$160
28 years$1,467$1,078$779$555$391$138
29 years$1,401$1,017$725$509$353$119
30 years$1,339$960$675$467$319$103
31 years$1,282$908$629$429$288$89
32 years$1,229$859$587$394$261$76
33 years$1,178$813$548$363$236$66
34 years$1,131$771$512$334$214$57
35 years$1,087$731$479$307$194$49
36 years$1,045$694$448$283$175$42
37 years$1,006$659$419$261$159$37
38 years$968$626$393$240$144$32
39 years$933$596$368$221$131$27
40 years$900$567$345$204$119$24
41 years$868$539$323$188$108$20
42 years$838$514$303$174$98$18
43 years$809$490$285$161$89$15
44 years$782$467$267$148$80$13
45 years$756$445$251$137$73$11
46 years$731$424$236$126$66$10
47 years$707$405$221$117$60$8
48 years$685$387$208$108$55$7
49 years$663$369$196$100$50$6
50 years$642$353$184$92$45$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $658,000, adding $4,712 every year, while hoping to spend $44,823 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: 51/35/14 Blend
34$658,000$658,000$658,000$658,000
35$729,976$695,102$684,903$764,208
36$756,743$681,471$660,156$774,547
37$784,737$665,670$633,078$780,672
38$814,037$647,544$603,543$786,325
39$844,727$626,932$571,420$791,476
40$876,899$603,662$536,572$796,093
41$910,651$577,550$498,856$800,145
42$946,092$548,405$458,123$803,598
43$983,339$516,022$414,215$806,423
44$1,022,518$480,185$366,970$808,587
45$1,063,768$440,668$316,216$810,060
46$1,107,240$397,228$261,777$810,813
47$1,153,097$349,610$203,465$810,817
48$1,201,519$297,547$141,087$810,047
49$1,252,700$240,753$74,440$808,477
50$1,306,853$178,928$3,311$806,088
51$1,364,211$111,754$0$802,861
52$1,425,027$38,896$0$809,626
53$1,489,579$0$0$816,764
54$1,558,170$0$0$839,219
55$1,631,131$0$0$879,075
56$1,708,827$0$0$921,555
57$1,791,655$0$0$966,882
58$1,880,049$0$0$1,015,300
59$1,974,487$0$0$1,067,074
60$2,075,492$0$0$1,122,498
61$2,183,638$0$0$1,181,893
62$2,299,552$0$0$1,245,611
63$2,423,925$0$0$1,314,037
64$2,557,513$0$0$1,387,596
65$2,701,147$0$0$1,466,753
66$2,855,739$0$0$1,552,020
67$3,022,290$0$0$1,643,957
68$3,201,901$0$0$1,743,180
69$3,395,778$0$0$1,850,368
70$3,605,251$0$0$1,966,265
71$3,831,777$0$0$2,091,689
72$4,076,961$0$0$2,227,539
73$4,342,566$0$0$2,374,805
74$4,630,530$0$0$2,534,573
75$4,942,984$0$0$2,708,041
76$5,282,273$0$0$2,896,522
77$5,650,975$0$0$3,101,465
78$6,051,927$0$0$3,324,462
79$6,488,250$0$0$3,567,263
80$6,963,376$0$0$3,831,797
81$7,481,086$0$0$4,120,185
82$8,045,536$0$0$4,434,760
83$8,661,304$0$0$4,778,094
84$9,333,426$0$0$5,153,013
85$10,067,448$0$0$5,562,633
86$10,869,473$0$0$6,010,380
87$11,746,223$0$0$6,500,028
88$12,705,094$0$0$7,035,733
89$13,754,234$0$0$7,622,070
90$14,902,614$0$0$8,264,078
91$16,160,109$0$0$8,967,303
92$17,537,598$0$0$9,737,857
93$19,047,059$0$0$10,582,468
94$20,701,685$0$0$11,508,546
95$22,516,005$0$0$12,524,255
96$24,506,023$0$0$13,638,584
97$26,689,364$0$0$14,861,435
98$29,085,443$0$0$16,203,716
99$31,715,646$0$0$17,677,442
100$34,603,529$0$0$19,295,847