Can I retire at age 35 with 620,000?

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 $620,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$51,199$50,743$50,298$49,864$49,440$47,591
2 years$25,346$24,874$24,417$23,973$23,543$21,701
3 years$16,730$16,255$15,799$15,360$14,936$13,160
4 years$12,422$11,949$11,498$11,066$10,653$8,955
5 years$9,838$9,369$8,923$8,500$8,098$6,484
6 years$8,116$7,650$7,211$6,797$6,408$4,878
7 years$6,887$6,425$5,992$5,588$5,211$3,765
8 years$5,965$5,507$5,082$4,688$4,323$2,960
9 years$5,249$4,795$4,377$3,993$3,641$2,358
10 years$4,676$4,226$3,816$3,442$3,102$1,898
11 years$4,207$3,763$3,360$2,996$2,668$1,539
12 years$3,817$3,377$2,982$2,628$2,312$1,256
13 years$3,488$3,052$2,664$2,320$2,016$1,030
14 years$3,205$2,774$2,393$2,059$1,767$848
15 years$2,961$2,534$2,161$1,836$1,556$700
16 years$2,747$2,325$1,959$1,644$1,375$580
17 years$2,558$2,141$1,783$1,477$1,219$481
18 years$2,391$1,979$1,627$1,331$1,084$400
19 years$2,242$1,834$1,490$1,203$966$333
20 years$2,107$1,704$1,367$1,090$863$277
21 years$1,986$1,587$1,258$989$772$231
22 years$1,875$1,482$1,159$899$692$193
23 years$1,775$1,386$1,070$819$622$161
24 years$1,683$1,298$990$747$559$135
25 years$1,598$1,218$917$682$503$113
26 years$1,521$1,145$850$624$453$94
27 years$1,449$1,078$790$571$408$79
28 years$1,382$1,016$734$523$368$66
29 years$1,320$958$683$480$333$55
30 years$1,262$905$636$440$301$46
31 years$1,208$855$593$404$272$39
32 years$1,158$809$553$372$246$33
33 years$1,110$766$517$342$222$27
34 years$1,066$726$483$314$201$23
35 years$1,024$689$451$289$182$19
36 years$985$654$422$267$165$16
37 years$948$621$395$246$150$13
38 years$912$590$370$226$136$11
39 years$879$561$347$209$123$9
40 years$848$534$325$192$112$8
41 years$818$508$305$178$101$7
42 years$789$484$286$164$92$6
43 years$762$461$268$151$83$5
44 years$737$440$252$140$76$4
45 years$712$419$236$129$69$3
46 years$689$400$222$119$62$3
47 years$667$382$209$110$57$2
48 years$645$364$196$102$51$2
49 years$625$348$184$94$47$2
50 years$605$332$173$87$42$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $620,000, adding $2,527 every year, while hoping to spend $35,779 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: 57/22/21 Blend
34$620,000$620,000$620,000$620,000
35$685,847$652,987$643,377$720,941
36$717,734$646,914$626,861$739,075
37$751,676$639,345$608,593$754,774
38$787,842$630,169$588,476$771,102
39$826,421$619,266$566,410$788,127
40$867,619$606,514$542,288$805,927
41$911,662$591,779$516,000$824,589
42$958,797$574,921$487,432$844,212
43$1,009,296$555,794$456,462$864,906
44$1,063,455$534,239$422,965$886,794
45$1,121,602$510,091$386,808$910,015
46$1,184,094$483,174$347,855$934,724
47$1,251,326$453,304$305,962$961,093
48$1,323,728$420,283$260,979$989,316
49$1,401,776$383,904$212,749$1,019,610
50$1,485,990$343,948$161,109$1,052,216
51$1,576,942$300,183$105,888$1,087,402
52$1,675,262$252,364$46,907$1,125,469
53$1,781,641$200,232$0$1,166,752
54$1,896,839$143,514$0$1,215,215
55$2,021,692$81,921$0$1,279,130
56$2,157,118$15,149$0$1,348,481
57$2,304,127$0$0$1,423,830
58$2,463,832$0$0$1,519,624
59$2,637,454$0$0$1,627,801
60$2,826,338$0$0$1,745,537
61$3,031,964$0$0$1,873,760
62$3,255,960$0$0$2,013,493
63$3,500,118$0$0$2,165,859
64$3,766,410$0$0$2,332,097
65$4,057,006$0$0$2,513,570
66$4,374,294$0$0$2,711,775
67$4,720,906$0$0$2,928,365
68$5,099,736$0$0$3,165,157
69$5,513,971$0$0$3,424,152
70$5,967,121$0$0$3,707,552
71$6,463,050$0$0$4,017,785
72$7,006,014$0$0$4,357,522
73$7,600,697$0$0$4,729,705
74$8,252,260$0$0$5,137,573
75$8,966,386$0$0$5,584,695
76$9,749,333$0$0$6,075,000
77$10,607,994$0$0$6,612,818
78$11,549,963$0$0$7,202,916
79$12,583,600$0$0$7,850,544
80$13,718,118$0$0$8,561,488
81$14,963,664$0$0$9,342,120
82$16,331,413$0$0$10,199,457
83$17,833,678$0$0$11,141,233
84$19,484,023$0$0$12,175,965
85$21,297,389$0$0$13,313,037
86$23,290,238$0$0$14,562,787
87$25,480,703$0$0$15,936,603
88$27,888,765$0$0$17,447,034
89$30,536,432$0$0$19,107,903
90$33,447,957$0$0$20,934,441
91$36,650,057$0$0$22,943,428
92$40,172,169$0$0$25,153,352
93$44,046,726$0$0$27,584,584
94$48,309,463$0$0$30,259,567
95$52,999,753$0$0$33,203,032
96$58,160,979$0$0$36,442,225
97$63,840,941$0$0$40,007,169
98$70,092,306$0$0$43,930,945
99$76,973,107$0$0$48,250,001
100$84,547,289$0$0$53,004,501