Can I retire at age 35 with 634,000?

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 $634,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$52,355$51,889$51,434$50,990$50,556$49,719
2 years$25,918$25,436$24,968$24,514$24,074$23,233
3 years$17,107$16,622$16,156$15,707$15,274$14,455
4 years$12,703$12,219$11,757$11,316$10,893$10,103
5 years$10,060$9,580$9,124$8,692$8,281$7,522
6 years$8,300$7,823$7,374$6,951$6,552$5,825
7 years$7,042$6,570$6,128$5,715$5,329$4,633
8 years$6,100$5,631$5,197$4,794$4,421$3,757
9 years$5,367$4,903$4,476$4,083$3,723$3,091
10 years$4,781$4,322$3,902$3,520$3,172$2,571
11 years$4,302$3,848$3,435$3,063$2,728$2,157
12 years$3,904$3,453$3,049$2,687$2,364$1,823
13 years$3,566$3,121$2,724$2,372$2,062$1,549
14 years$3,278$2,837$2,447$2,106$1,807$1,323
15 years$3,027$2,591$2,210$1,878$1,591$1,134
16 years$2,809$2,378$2,003$1,681$1,406$975
17 years$2,616$2,190$1,823$1,511$1,247$841
18 years$2,445$2,023$1,664$1,362$1,109$727
19 years$2,292$1,875$1,524$1,230$988$630
20 years$2,155$1,743$1,398$1,114$883$546
21 years$2,031$1,623$1,286$1,011$790$475
22 years$1,918$1,515$1,185$919$708$413
23 years$1,815$1,417$1,094$837$636$360
24 years$1,721$1,328$1,012$764$571$313
25 years$1,635$1,246$937$697$514$273
26 years$1,555$1,171$869$638$463$239
27 years$1,481$1,102$807$584$417$208
28 years$1,413$1,038$751$535$377$182
29 years$1,350$980$698$490$340$159
30 years$1,291$925$651$450$307$139
31 years$1,235$875$607$413$278$122
32 years$1,184$828$566$380$251$107
33 years$1,135$784$528$349$227$93
34 years$1,090$743$494$321$206$82
35 years$1,047$705$462$296$187$72
36 years$1,007$669$432$273$169$63
37 years$969$635$404$251$153$55
38 years$933$604$378$231$139$48
39 years$899$574$355$213$126$42
40 years$867$546$332$197$114$37
41 years$836$520$312$182$104$32
42 years$807$495$292$168$94$28
43 years$780$472$274$155$85$25
44 years$753$450$257$143$77$22
45 years$728$429$242$132$70$19
46 years$704$409$227$122$64$17
47 years$682$390$213$113$58$15
48 years$660$373$200$104$53$13
49 years$639$356$188$96$48$11
50 years$619$340$177$89$43$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $634,000, adding $6,813 every year, while hoping to spend $25,230 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: 49/30/21 Blend
34$634,000$634,000$634,000$634,000
35$705,696$672,094$662,267$735,800
36$750,832$678,182$657,608$763,507
37$799,727$683,722$651,948$790,485
38$852,737$688,662$645,226$819,268
39$910,254$692,945$637,379$850,035
40$972,709$696,509$628,341$882,986
41$1,040,578$699,291$618,043$918,343
42$1,114,382$701,221$606,412$956,350
43$1,194,696$702,227$593,374$997,278
44$1,282,151$702,232$578,848$1,041,426
45$1,377,442$701,154$562,751$1,089,126
46$1,481,336$698,905$544,998$1,140,746
47$1,594,674$695,393$525,496$1,196,691
48$1,718,382$690,519$504,152$1,257,410
49$1,853,482$684,179$480,867$1,323,400
50$2,001,097$676,263$455,535$1,395,211
51$2,162,463$666,654$428,050$1,473,450
52$2,338,942$655,228$398,297$1,558,788
53$2,532,032$641,853$366,159$1,651,969
54$2,743,386$626,390$331,511$1,753,812
55$2,974,819$608,691$294,225$1,865,226
56$3,228,335$588,601$254,165$1,987,211
57$3,506,137$565,954$211,191$2,120,878
58$3,810,652$540,575$165,156$2,267,449
59$4,144,555$512,280$115,905$2,428,276
60$4,510,791$480,873$63,279$2,604,854
61$4,912,603$446,147$7,110$2,798,833
62$5,353,563$407,883$0$3,012,035
63$5,837,608$365,850$0$3,258,312
64$6,369,071$319,804$0$3,530,517
65$6,952,728$269,487$0$3,829,553
66$7,593,840$214,625$0$4,158,173
67$8,298,202$154,932$0$4,519,417
68$9,072,196$90,101$0$4,916,635
69$9,922,857$19,813$0$5,353,523
70$10,857,932$0$0$5,834,159
71$11,885,957$0$0$6,381,615
72$13,016,337$0$0$6,990,846
73$14,259,433$0$0$7,660,905
74$15,626,661$0$0$8,397,955
75$17,130,598$0$0$9,208,787
76$18,785,103$0$0$10,100,882
77$20,605,443$0$0$11,082,485
78$22,608,442$0$0$12,162,677
79$24,812,637$0$0$13,351,467
80$27,238,450$0$0$14,659,881
81$29,908,386$0$0$16,100,071
82$32,847,242$0$0$17,685,424
83$36,082,340$0$0$19,430,692
84$39,643,784$0$0$21,352,129
85$43,564,749$0$0$23,467,648
86$47,881,788$0$0$25,796,985
87$52,635,177$0$0$28,361,886
88$57,869,300$0$0$31,186,316
89$63,633,061$0$0$34,296,680
90$69,980,350$0$0$37,722,077
91$76,970,550$0$0$41,494,568
92$84,669,094$0$0$45,649,487
93$93,148,088$0$0$50,225,764
94$102,486,985$0$0$55,266,303
95$112,773,340$0$0$60,818,379
96$124,103,633$0$0$66,934,086
97$136,584,180$0$0$73,670,831
98$150,332,134$0$0$81,091,872
99$165,476,596$0$0$89,266,917
100$182,159,826$0$0$98,272,783