Can I retire at age 35 with 659,000?

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 $659,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$54,420$53,935$53,462$53,000$52,550$51,979
2 years$26,940$26,439$25,952$25,481$25,024$24,449
3 years$17,782$17,278$16,793$16,326$15,876$15,316
4 years$13,203$12,701$12,221$11,762$11,323$10,781
5 years$10,457$9,958$9,484$9,034$8,607$8,085
6 years$8,627$8,131$7,664$7,225$6,811$6,309
7 years$7,320$6,829$6,369$5,940$5,539$5,058
8 years$6,340$5,853$5,402$4,983$4,595$4,134
9 years$5,579$5,096$4,652$4,244$3,870$3,430
10 years$4,970$4,492$4,056$3,659$3,297$2,877
11 years$4,472$3,999$3,571$3,184$2,836$2,436
12 years$4,058$3,589$3,169$2,793$2,457$2,077
13 years$3,707$3,244$2,831$2,466$2,143$1,781
14 years$3,407$2,949$2,544$2,189$1,878$1,535
15 years$3,147$2,694$2,297$1,952$1,654$1,328
16 years$2,920$2,471$2,082$1,748$1,462$1,154
17 years$2,719$2,276$1,895$1,570$1,296$1,005
18 years$2,542$2,103$1,730$1,415$1,152$877
19 years$2,383$1,949$1,584$1,279$1,027$768
20 years$2,240$1,811$1,453$1,158$917$673
21 years$2,111$1,687$1,337$1,051$821$591
22 years$1,993$1,575$1,232$956$736$519
23 years$1,887$1,473$1,138$870$661$457
24 years$1,789$1,380$1,052$794$594$403
25 years$1,699$1,295$974$725$534$355
26 years$1,616$1,217$904$663$481$314
27 years$1,540$1,145$839$607$434$277
28 years$1,469$1,079$780$556$392$245
29 years$1,403$1,018$726$510$354$217
30 years$1,341$962$676$468$319$192
31 years$1,284$909$630$430$289$170
32 years$1,230$860$588$395$261$150
33 years$1,180$815$549$363$236$133
34 years$1,133$772$513$334$214$118
35 years$1,089$732$480$308$194$105
36 years$1,047$695$449$283$176$93
37 years$1,007$660$420$261$159$82
38 years$970$627$393$241$144$73
39 years$934$597$369$222$131$65
40 years$901$568$345$205$119$57
41 years$869$540$324$189$108$51
42 years$839$515$304$174$98$45
43 years$810$490$285$161$89$40
44 years$783$467$268$148$81$36
45 years$757$446$251$137$73$32
46 years$732$425$236$127$66$28
47 years$708$406$222$117$60$25
48 years$686$387$208$108$55$22
49 years$664$370$196$100$50$20
50 years$643$353$184$92$45$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $659,000, adding $4,013 every year, while hoping to spend $21,239 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: 43/34/23 Blend
34$659,000$659,000$659,000$659,000
35$730,357$695,430$685,216$756,716
36$782,256$706,908$685,573$787,311
37$838,736$718,237$685,229$818,082
38$900,243$729,386$684,140$850,996
39$967,266$740,325$682,257$886,261
40$1,040,344$751,018$679,530$924,108
41$1,120,070$761,429$675,905$964,794
42$1,207,098$771,519$671,328$1,008,600
43$1,302,144$781,246$665,740$1,055,839
44$1,406,001$790,565$659,081$1,106,853
45$1,519,539$799,428$651,286$1,162,025
46$1,643,717$807,785$642,289$1,221,774
47$1,779,590$815,581$632,020$1,286,564
48$1,928,321$822,757$620,405$1,356,909
49$2,091,190$829,252$607,369$1,433,374
50$2,269,606$835,001$592,830$1,516,585
51$2,465,122$839,931$576,706$1,607,233
52$2,679,446$843,970$558,908$1,706,080
53$2,914,463$847,038$539,345$1,813,969
54$3,172,245$849,050$517,920$1,931,829
55$3,455,077$849,917$494,533$2,060,687
56$3,765,475$849,542$469,080$2,201,675
57$4,106,210$847,826$441,450$2,356,046
58$4,480,334$844,661$411,530$2,525,181
59$4,891,211$839,932$379,199$2,710,603
60$5,342,544$833,518$344,332$2,913,996
61$5,838,415$825,292$306,798$3,137,215
62$6,383,319$815,117$266,462$3,382,312
63$6,982,210$802,849$223,180$3,651,547
64$7,640,542$788,336$176,803$3,947,416
65$8,364,327$771,415$127,177$4,272,673
66$9,160,190$751,915$74,138$4,630,358
67$10,035,425$729,654$17,517$5,023,821
68$10,998,072$704,441$0$5,456,763
69$12,056,989$676,073$0$5,943,795
70$13,221,934$644,333$0$6,484,160
71$14,503,661$608,994$0$7,078,569
72$15,914,016$569,817$0$7,732,549
73$17,466,053$526,545$0$8,452,196
74$19,174,155$478,911$0$9,244,228
75$21,054,171$426,629$0$10,116,053
76$23,123,562$369,400$0$11,075,839
77$25,401,570$306,905$0$12,132,589
78$27,909,396$238,809$0$13,296,230
79$30,670,401$164,757$0$14,577,705
80$33,710,328$84,376$0$15,989,078
81$37,057,540$0$0$17,543,649
82$40,743,295$0$0$19,257,100
83$44,802,032$0$0$21,178,813
84$49,271,702$0$0$23,295,202
85$54,194,124$0$0$25,626,082
86$59,615,379$0$0$28,193,286
87$65,586,246$0$0$31,020,875
88$72,162,680$0$0$34,135,363
89$79,406,339$0$0$37,565,964
90$87,385,168$0$0$41,344,874
91$96,174,038$0$0$45,507,569
92$105,855,454$0$0$50,093,142
93$116,520,331$0$0$55,144,674
94$128,268,856$0$0$60,709,636
95$141,211,429$0$0$66,840,341
96$155,469,708$0$0$73,594,435
97$171,177,755$0$0$81,035,442
98$188,483,302$0$0$89,233,364
99$207,549,145$0$0$98,265,343
100$228,554,681$0$0$108,216,384