Can I retire at age 35 with 621,000?

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 $621,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$51,282$50,825$50,379$49,944$49,519$48,303
2 years$25,387$24,914$24,456$24,012$23,581$22,362
3 years$16,757$16,282$15,825$15,384$14,961$13,779
4 years$12,442$11,969$11,516$11,084$10,670$9,534
5 years$9,854$9,384$8,937$8,513$8,111$7,024
6 years$8,129$7,662$7,222$6,808$6,418$5,380
7 years$6,898$6,435$6,002$5,597$5,220$4,232
8 years$5,975$5,516$5,090$4,695$4,330$3,392
9 years$5,257$4,803$4,384$4,000$3,647$2,757
10 years$4,683$4,233$3,822$3,448$3,107$2,265
11 years$4,214$3,769$3,365$3,000$2,672$1,877
12 years$3,824$3,383$2,986$2,632$2,316$1,566
13 years$3,493$3,057$2,668$2,323$2,019$1,313
14 years$3,210$2,779$2,397$2,063$1,770$1,106
15 years$2,965$2,538$2,164$1,839$1,559$935
16 years$2,751$2,329$1,962$1,647$1,377$793
17 years$2,563$2,145$1,786$1,480$1,221$674
18 years$2,395$1,982$1,630$1,334$1,086$574
19 years$2,245$1,837$1,492$1,205$968$490
20 years$2,111$1,707$1,370$1,091$865$419
21 years$1,989$1,590$1,260$991$774$358
22 years$1,879$1,484$1,161$901$694$307
23 years$1,778$1,388$1,072$820$623$263
24 years$1,686$1,300$991$748$560$226
25 years$1,601$1,220$918$683$504$194
26 years$1,523$1,147$852$625$454$167
27 years$1,451$1,079$791$572$409$143
28 years$1,384$1,017$735$524$369$123
29 years$1,322$960$684$480$333$106
30 years$1,264$906$637$441$301$91
31 years$1,210$857$594$405$272$78
32 years$1,160$811$554$372$246$67
33 years$1,112$768$518$342$223$58
34 years$1,068$728$484$315$202$50
35 years$1,026$690$452$290$183$43
36 years$986$655$423$267$166$37
37 years$949$622$396$246$150$32
38 years$914$591$371$227$136$28
39 years$881$562$347$209$123$24
40 years$849$535$326$193$112$20
41 years$819$509$305$178$102$18
42 years$791$485$286$164$92$15
43 years$764$462$269$152$84$13
44 years$738$440$252$140$76$11
45 years$713$420$237$129$69$10
46 years$690$401$222$119$63$8
47 years$668$382$209$110$57$7
48 years$646$365$196$102$52$6
49 years$626$349$185$94$47$5
50 years$606$333$174$87$43$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $621,000, adding $2,878 every year, while hoping to spend $27,553 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: 53/30/17 Blend
34$621,000$621,000$621,000$621,000
35$687,311$654,398$644,772$720,432
36$728,100$657,147$637,056$746,169
37$772,127$659,108$628,158$771,005
38$819,691$660,212$618,009$797,421
39$871,125$660,387$606,537$825,574
40$926,792$659,558$593,668$855,640
41$987,091$657,643$579,322$887,813
42$1,052,462$654,555$563,417$922,308
43$1,123,389$650,204$545,868$959,364
44$1,200,403$644,492$526,582$999,244
45$1,284,089$637,317$505,468$1,042,242
46$1,375,090$628,570$482,425$1,088,682
47$1,474,114$618,134$457,351$1,138,922
48$1,581,939$605,889$430,138$1,193,360
49$1,699,423$591,703$400,673$1,252,437
50$1,827,508$575,441$368,840$1,316,638
51$1,967,232$556,955$334,514$1,386,504
52$2,119,738$536,094$297,569$1,462,629
53$2,286,282$512,694$257,868$1,545,675
54$2,468,249$486,583$215,273$1,636,370
55$2,667,163$457,578$169,638$1,735,522
56$2,884,702$425,487$120,809$1,844,024
57$3,122,713$390,107$68,627$1,962,862
58$3,383,229$351,222$12,925$2,093,127
59$3,668,491$308,604$0$2,236,027
60$3,980,965$262,014$0$2,401,331
61$4,323,368$211,197$0$2,585,125
62$4,698,690$155,885$0$2,786,726
63$5,110,227$95,794$0$3,007,969
64$5,561,608$30,625$0$3,250,877
65$6,056,828$0$0$3,517,687
66$6,600,291$0$0$3,824,048
67$7,196,846$0$0$4,171,498
68$7,851,834$0$0$4,553,045
69$8,571,140$0$0$4,972,127
70$9,361,245$0$0$5,432,527
71$10,229,289$0$0$5,938,414
72$11,183,140$0$0$6,494,383
73$12,231,464$0$0$7,105,494
74$13,383,807$0$0$7,777,321
75$14,650,689$0$0$8,516,008
76$16,043,696$0$0$9,328,321
77$17,575,598$0$0$10,221,715
78$19,260,460$0$0$11,204,406
79$21,113,781$0$0$12,285,444
80$23,152,637$0$0$13,474,800
81$25,395,841$0$0$14,783,462
82$27,864,123$0$0$16,223,536
83$30,580,325$0$0$17,808,361
84$33,569,612$0$0$19,552,634
85$36,859,713$0$0$21,472,549
86$40,481,185$0$0$23,585,950
87$44,467,692$0$0$25,912,498
88$48,856,333$0$0$28,473,860
89$53,687,982$0$0$31,293,906
90$59,007,680$0$0$34,398,941
91$64,865,060$0$0$37,817,952
92$71,314,807$0$0$41,582,877
93$78,417,184$0$0$45,728,910
94$86,238,595$0$0$50,294,833
95$94,852,209$0$0$55,323,380
96$104,338,656$0$0$60,861,640
97$114,786,784$0$0$66,961,504
98$126,294,496$0$0$73,680,151
99$138,969,678$0$0$81,080,590
100$152,931,213$0$0$89,232,254