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%11.6%
1 years$54,337$53,853$53,381$52,920$52,470$52,117
2 years$26,900$26,399$25,913$25,442$24,986$24,630
3 years$17,755$17,252$16,767$16,301$15,852$15,504
4 years$13,183$12,682$12,202$11,744$11,306$10,969
5 years$10,441$9,943$9,470$9,021$8,594$8,269
6 years$8,614$8,119$7,653$7,214$6,800$6,487
7 years$7,309$6,818$6,360$5,931$5,531$5,230
8 years$6,331$5,845$5,393$4,975$4,588$4,300
9 years$5,570$5,089$4,645$4,238$3,864$3,587
10 years$4,962$4,485$4,050$3,653$3,292$3,028
11 years$4,465$3,993$3,565$3,179$2,831$2,579
12 years$4,051$3,584$3,164$2,789$2,454$2,213
13 years$3,701$3,239$2,827$2,462$2,140$1,910
14 years$3,402$2,944$2,540$2,185$1,876$1,657
15 years$3,142$2,689$2,293$1,949$1,651$1,444
16 years$2,915$2,468$2,079$1,745$1,460$1,262
17 years$2,715$2,273$1,892$1,568$1,294$1,107
18 years$2,538$2,100$1,727$1,413$1,151$973
19 years$2,379$1,946$1,581$1,277$1,026$858
20 years$2,236$1,808$1,451$1,156$916$758
21 years$2,107$1,685$1,335$1,050$820$670
22 years$1,990$1,572$1,230$954$735$594
23 years$1,884$1,471$1,136$869$660$527
24 years$1,786$1,378$1,050$793$593$468
25 years$1,696$1,293$973$724$534$416
26 years$1,614$1,215$902$662$481$370
27 years$1,537$1,144$838$606$433$329
28 years$1,467$1,078$779$555$391$293
29 years$1,401$1,017$725$509$353$262
30 years$1,339$960$675$467$319$233
31 years$1,282$908$629$429$288$208
32 years$1,229$859$587$394$261$186
33 years$1,178$813$548$363$236$166
34 years$1,131$771$512$334$214$148
35 years$1,087$731$479$307$194$133
36 years$1,045$694$448$283$175$119
37 years$1,006$659$419$261$159$106
38 years$968$626$393$240$144$95
39 years$933$596$368$221$131$85
40 years$900$567$345$204$119$76
41 years$868$539$323$188$108$68
42 years$838$514$303$174$98$61
43 years$809$490$285$161$89$54
44 years$782$467$267$148$80$49
45 years$756$445$251$137$73$44
46 years$731$424$236$126$66$39
47 years$707$405$221$117$60$35
48 years$685$387$208$108$55$31
49 years$663$369$196$100$50$28
50 years$642$353$184$92$45$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $658,000, adding $4,498 every year, while hoping to spend $43,180 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: 45/41/14 Blend
34$658,000$658,000$658,000$658,000
35$729,756$694,882$684,683$759,486
36$758,248$682,988$661,676$768,746
37$788,198$669,064$636,452$774,063
38$819,711$652,965$608,890$778,884
39$852,899$634,537$578,865$783,180
40$887,883$613,618$546,246$786,925
41$924,798$590,035$510,895$790,089
42$963,788$563,608$472,670$792,646
43$1,005,011$534,141$431,422$794,571
44$1,048,641$501,433$386,994$795,838
45$1,094,867$465,268$339,222$796,426
46$1,143,894$425,417$287,937$796,315
47$1,195,949$381,640$232,961$795,485
48$1,251,278$333,683$174,107$793,925
49$1,310,151$281,275$111,182$791,624
50$1,372,863$224,134$43,983$788,577
51$1,439,737$161,959$0$784,785
52$1,511,128$94,433$0$784,398
53$1,587,424$21,221$0$790,570
54$1,669,050$0$0$796,782
55$1,756,473$0$0$829,285
56$1,850,204$0$0$874,452
57$1,950,805$0$0$922,983
58$2,058,891$0$0$975,184
59$2,175,139$0$0$1,031,388
60$2,300,291$0$0$1,091,961
61$2,435,161$0$0$1,157,308
62$2,580,647$0$0$1,227,870
63$2,737,730$0$0$1,304,134
64$2,907,492$0$0$1,386,633
65$3,091,121$0$0$1,475,956
66$3,289,923$0$0$1,572,749
67$3,505,333$0$0$1,677,721
68$3,738,930$0$0$1,791,653
69$3,992,449$0$0$1,915,406
70$4,267,800$0$0$2,049,922
71$4,567,083$0$0$2,196,242
72$4,892,607$0$0$2,355,510
73$5,246,915$0$0$2,528,983
74$5,632,803$0$0$2,718,046
75$6,053,349$0$0$2,924,224
76$6,511,939$0$0$3,149,194
77$7,012,302$0$0$3,394,801
78$7,558,540$0$0$3,663,079
79$8,155,171$0$0$3,956,264
80$8,807,166$0$0$4,276,820
81$9,520,000$0$0$4,627,459
82$10,299,701$0$0$5,011,167
83$11,152,903$0$0$5,431,232
84$12,086,915$0$0$5,891,274
85$13,109,783$0$0$6,395,282
86$14,230,368$0$0$6,947,646
87$15,458,431$0$0$7,553,202
88$16,804,717$0$0$8,217,277
89$18,281,065$0$0$8,945,738
90$19,900,511$0$0$9,745,047
91$21,677,416$0$0$10,622,320
92$23,627,599$0$0$11,585,399
93$25,768,480$0$0$12,642,919
94$28,119,254$0$0$13,804,395
95$30,701,063$0$0$15,080,305
96$33,537,195$0$0$16,482,196
97$36,653,309$0$0$18,022,787
98$40,077,669$0$0$19,716,089
99$43,841,413$0$0$21,577,539
100$47,978,849$0$0$23,624,146