Can I retire at age 35 with 632,000?

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 $632,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$52,190$51,725$51,272$50,829$50,397$49,118
2 years$25,837$25,355$24,889$24,437$23,998$22,719
3 years$17,053$16,570$16,105$15,657$15,226$13,985
4 years$12,663$12,181$11,720$11,280$10,859$9,667
5 years$10,029$9,550$9,095$8,664$8,255$7,114
6 years$8,273$7,798$7,350$6,929$6,532$5,444
7 years$7,020$6,549$6,108$5,697$5,312$4,277
8 years$6,081$5,614$5,180$4,779$4,407$3,424
9 years$5,350$4,888$4,462$4,070$3,711$2,780
10 years$4,766$4,308$3,890$3,509$3,162$2,281
11 years$4,289$3,835$3,425$3,054$2,720$1,888
12 years$3,891$3,442$3,039$2,678$2,357$1,573
13 years$3,555$3,111$2,715$2,365$2,055$1,317
14 years$3,267$2,828$2,440$2,099$1,801$1,108
15 years$3,018$2,583$2,203$1,872$1,586$935
16 years$2,800$2,370$1,997$1,676$1,402$792
17 years$2,608$2,183$1,817$1,506$1,243$672
18 years$2,437$2,017$1,659$1,357$1,105$572
19 years$2,285$1,869$1,519$1,226$985$487
20 years$2,148$1,737$1,394$1,111$880$416
21 years$2,024$1,618$1,282$1,008$787$355
22 years$1,912$1,510$1,182$917$706$304
23 years$1,809$1,413$1,091$835$634$260
24 years$1,716$1,323$1,009$761$569$223
25 years$1,629$1,242$935$695$512$191
26 years$1,550$1,167$867$636$462$164
27 years$1,477$1,099$805$582$416$141
28 years$1,409$1,035$748$533$376$121
29 years$1,345$977$696$489$339$104
30 years$1,286$922$649$449$306$89
31 years$1,231$872$605$412$277$76
32 years$1,180$825$564$379$251$66
33 years$1,132$781$527$348$227$56
34 years$1,087$740$492$320$205$49
35 years$1,044$702$460$295$186$42
36 years$1,004$667$430$272$168$36
37 years$966$633$403$250$153$31
38 years$930$602$377$231$138$27
39 years$896$572$353$213$126$23
40 years$864$544$331$196$114$20
41 years$834$518$311$181$103$17
42 years$805$493$291$167$94$15
43 years$777$470$273$154$85$13
44 years$751$448$257$142$77$11
45 years$726$427$241$132$70$9
46 years$702$408$226$121$64$8
47 years$679$389$213$112$58$7
48 years$658$371$200$104$52$6
49 years$637$355$188$96$48$5
50 years$617$339$177$89$43$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $632,000, adding $3,581 every year, while hoping to spend $46,868 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: 53/32/15 Blend
34$632,000$632,000$632,000$632,000
35$700,158$666,662$656,866$734,274
36$721,707$649,461$629,004$740,771
37$743,883$629,847$598,637$742,549
38$766,701$607,651$565,633$743,430
39$790,174$582,696$529,852$743,341
40$814,319$554,795$491,149$742,205
41$839,147$523,748$449,370$739,941
42$864,674$489,345$404,358$736,461
43$890,912$451,365$355,946$731,673
44$917,875$409,571$303,960$725,479
45$945,575$363,717$248,219$717,774
46$974,024$313,540$188,535$708,449
47$1,003,233$258,761$124,709$697,387
48$1,033,212$199,090$56,536$684,462
49$1,063,969$134,215$0$669,543
50$1,095,513$63,810$0$655,087
51$1,127,849$0$0$648,173
52$1,160,983$0$0$644,015
53$1,194,915$0$0$662,761
54$1,229,648$0$0$681,940
55$1,265,178$0$0$701,550
56$1,301,501$0$0$721,586
57$1,338,608$0$0$742,044
58$1,376,486$0$0$762,914
59$1,415,121$0$0$784,186
60$1,454,490$0$0$805,847
61$1,494,569$0$0$827,880
62$1,535,325$0$0$850,265
63$1,576,720$0$0$872,979
64$1,618,707$0$0$895,993
65$1,661,235$0$0$919,275
66$1,704,239$0$0$942,785
67$1,747,646$0$0$966,481
68$1,791,372$0$0$990,311
69$1,835,321$0$0$1,014,217
70$1,879,381$0$0$1,038,133
71$1,923,427$0$0$1,061,982
72$1,967,313$0$0$1,085,680
73$2,010,879$0$0$1,109,130
74$2,053,940$0$0$1,132,222
75$2,096,289$0$0$1,154,833
76$2,137,692$0$0$1,176,824
77$2,177,886$0$0$1,198,041
78$2,216,579$0$0$1,218,310
79$2,253,439$0$0$1,237,435
80$2,288,098$0$0$1,255,199
81$2,320,144$0$0$1,271,358
82$2,349,116$0$0$1,285,642
83$2,374,502$0$0$1,297,747
84$2,395,729$0$0$1,307,338
85$2,412,160$0$0$1,314,040
86$2,423,087$0$0$1,317,436
87$2,427,723$0$0$1,317,063
88$2,425,193$0$0$1,312,407
89$2,414,524$0$0$1,302,899
90$2,394,639$0$0$1,287,904
91$2,364,342$0$0$1,266,721
92$2,322,305$0$0$1,238,572
93$2,267,060$0$0$1,202,595
94$2,196,979$0$0$1,157,836
95$2,110,258$0$0$1,103,237
96$2,004,900$0$0$1,037,630
97$1,878,697$0$0$959,719
98$1,729,204$0$0$868,073
99$1,553,717$0$0$761,109
100$1,349,247$0$0$637,076