Can I retire at age 35 with 627,000?

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 $627,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$51,777$51,316$50,866$50,427$49,998$49,766
2 years$25,632$25,155$24,692$24,244$23,809$23,575
3 years$16,918$16,439$15,977$15,533$15,105$14,876
4 years$12,562$12,084$11,628$11,191$10,773$10,551
5 years$9,949$9,474$9,023$8,596$8,190$7,975
6 years$8,208$7,736$7,292$6,874$6,480$6,273
7 years$6,965$6,497$6,060$5,651$5,270$5,071
8 years$6,033$5,569$5,139$4,741$4,372$4,181
9 years$5,308$4,849$4,426$4,038$3,682$3,499
10 years$4,729$4,274$3,859$3,481$3,137$2,962
11 years$4,255$3,805$3,397$3,029$2,698$2,530
12 years$3,860$3,415$3,015$2,657$2,338$2,178
13 years$3,527$3,086$2,694$2,346$2,039$1,886
14 years$3,241$2,805$2,420$2,082$1,787$1,642
15 years$2,994$2,563$2,185$1,857$1,574$1,435
16 years$2,778$2,351$1,981$1,663$1,391$1,259
17 years$2,587$2,165$1,803$1,494$1,233$1,108
18 years$2,418$2,001$1,646$1,346$1,096$978
19 years$2,267$1,854$1,507$1,217$977$865
20 years$2,131$1,723$1,383$1,102$873$766
21 years$2,008$1,605$1,272$1,000$781$680
22 years$1,897$1,498$1,172$909$700$605
23 years$1,795$1,401$1,082$828$629$539
24 years$1,702$1,313$1,001$755$565$480
25 years$1,617$1,232$927$690$508$428
26 years$1,538$1,158$860$631$458$383
27 years$1,465$1,090$798$577$413$342
28 years$1,397$1,027$742$529$373$306
29 years$1,335$969$691$485$336$274
30 years$1,276$915$643$445$304$245
31 years$1,222$865$600$409$275$220
32 years$1,171$818$560$376$249$197
33 years$1,123$775$523$346$225$177
34 years$1,078$735$488$318$204$159
35 years$1,036$697$456$293$184$142
36 years$996$661$427$270$167$128
37 years$958$628$400$248$151$115
38 years$923$597$374$229$137$103
39 years$889$568$351$211$125$93
40 years$857$540$329$195$113$83
41 years$827$514$308$180$102$75
42 years$798$490$289$166$93$67
43 years$771$466$271$153$84$60
44 years$745$445$255$141$77$54
45 years$720$424$239$130$70$49
46 years$697$404$225$121$63$44
47 years$674$386$211$111$57$40
48 years$652$368$198$103$52$36
49 years$632$352$186$95$47$32
50 years$612$336$175$88$43$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $627,000, adding $6,061 every year, while hoping to spend $47,273 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: 44/40/16 Blend
34$627,000$627,000$627,000$627,000
35$697,206$663,975$654,256$724,416
36$718,023$646,212$625,876$726,313
37$739,379$625,993$594,960$723,183
38$761,278$603,150$561,375$718,777
39$783,726$577,502$524,978$712,999
40$806,725$548,858$485,623$705,745
41$830,276$517,017$443,157$696,907
42$854,379$481,766$397,417$686,368
43$879,032$442,879$348,237$674,006
44$904,231$400,117$295,441$659,689
45$929,969$353,230$238,845$643,278
46$956,239$301,951$178,259$624,627
47$983,027$245,999$113,483$603,578
48$1,010,320$185,077$44,308$579,965
49$1,038,097$118,870$0$553,612
50$1,066,337$47,049$0$529,370
51$1,095,011$0$0$510,401
52$1,124,087$0$0$502,491
53$1,153,526$0$0$515,425
54$1,183,284$0$0$528,471
55$1,213,308$0$0$541,603
56$1,243,539$0$0$554,790
57$1,273,907$0$0$567,997
58$1,304,334$0$0$581,185
59$1,334,729$0$0$594,308
60$1,364,992$0$0$607,316
61$1,395,006$0$0$620,152
62$1,424,641$0$0$632,749
63$1,453,751$0$0$645,036
64$1,482,169$0$0$656,930
65$1,509,710$0$0$668,339
66$1,536,166$0$0$679,160
67$1,561,303$0$0$689,279
68$1,584,859$0$0$698,567
69$1,606,545$0$0$706,880
70$1,626,033$0$0$714,058
71$1,642,961$0$0$719,923
72$1,656,924$0$0$724,277
73$1,667,472$0$0$726,899
74$1,674,105$0$0$727,544
75$1,676,267$0$0$725,940
76$1,673,337$0$0$721,784
77$1,664,631$0$0$714,741
78$1,649,386$0$0$704,438
79$1,626,757$0$0$690,463
80$1,595,808$0$0$672,360
81$1,555,501$0$0$649,621
82$1,504,685$0$0$621,686
83$1,442,087$0$0$587,934
84$1,366,298$0$0$547,680
85$1,275,758$0$0$500,162
86$1,168,741$0$0$444,541
87$1,043,337$0$0$379,888
88$897,438$0$0$305,175
89$728,708$0$0$219,267
90$534,570$0$0$120,910
91$312,173$0$0$8,718
92$58,368$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0