Can I retire at age 35 with 638,000?

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 $638,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$52,685$52,216$51,758$51,311$50,875$50,554
2 years$26,082$25,596$25,125$24,669$24,226$23,903
3 years$17,215$16,727$16,258$15,806$15,370$15,054
4 years$12,783$12,296$11,832$11,387$10,962$10,656
5 years$10,124$9,641$9,182$8,746$8,333$8,037
6 years$8,352$7,872$7,420$6,995$6,594$6,309
7 years$7,087$6,611$6,166$5,751$5,363$5,089
8 years$6,138$5,667$5,229$4,824$4,449$4,186
9 years$5,401$4,934$4,504$4,109$3,746$3,495
10 years$4,812$4,349$3,927$3,542$3,192$2,951
11 years$4,330$3,872$3,457$3,083$2,745$2,515
12 years$3,928$3,475$3,068$2,704$2,379$2,159
13 years$3,589$3,140$2,741$2,387$2,075$1,865
14 years$3,298$2,855$2,463$2,119$1,819$1,619
15 years$3,047$2,608$2,224$1,890$1,601$1,412
16 years$2,827$2,393$2,016$1,692$1,415$1,235
17 years$2,633$2,203$1,835$1,520$1,255$1,084
18 years$2,461$2,036$1,675$1,370$1,116$954
19 years$2,307$1,887$1,533$1,238$994$841
20 years$2,168$1,754$1,407$1,121$888$743
21 years$2,043$1,633$1,294$1,018$795$658
22 years$1,930$1,525$1,193$925$713$583
23 years$1,827$1,426$1,101$843$640$518
24 years$1,732$1,336$1,019$769$575$460
25 years$1,645$1,254$943$702$517$409
26 years$1,565$1,178$875$642$466$365
27 years$1,491$1,109$812$587$420$325
28 years$1,422$1,045$755$538$379$290
29 years$1,358$986$703$494$342$258
30 years$1,299$931$655$453$309$231
31 years$1,243$880$610$416$280$206
32 years$1,191$833$569$382$253$184
33 years$1,143$789$532$352$229$165
34 years$1,097$747$497$323$207$147
35 years$1,054$709$464$298$188$132
36 years$1,013$673$435$274$170$118
37 years$975$639$407$253$154$105
38 years$939$607$381$233$140$94
39 years$905$578$357$215$127$85
40 years$872$549$334$198$115$76
41 years$841$523$314$183$104$68
42 years$812$498$294$169$95$61
43 years$784$475$276$156$86$54
44 years$758$452$259$144$78$49
45 years$733$431$243$133$71$44
46 years$709$412$229$123$64$39
47 years$686$393$215$113$58$35
48 years$664$375$202$105$53$31
49 years$643$358$190$97$48$28
50 years$623$342$178$89$44$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $638,000, adding $6,854 every year, while hoping to spend $48,483 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: 29/44/27 Blend
34$638,000$638,000$638,000$638,000
35$710,146$676,332$666,443$724,658
36$730,995$657,887$637,183$718,173
37$752,346$636,913$605,318$706,522
38$774,199$613,235$570,710$693,020
39$796,552$586,668$533,213$677,542
40$819,401$557,015$492,677$659,954
41$842,742$524,071$448,943$640,114
42$866,565$487,614$401,847$617,873
43$890,861$447,414$351,215$593,072
44$915,617$403,225$296,869$565,544
45$940,815$354,788$238,619$535,112
46$966,436$301,830$176,270$501,587
47$992,453$244,061$109,616$464,772
48$1,018,839$181,176$38,444$424,456
49$1,045,559$112,851$0$380,418
50$1,072,572$38,747$0$343,228
51$1,099,832$0$0$314,354
52$1,127,286$0$0$302,606
53$1,154,870$0$0$309,606
54$1,182,515$0$0$316,567
55$1,210,140$0$0$323,463
56$1,237,654$0$0$330,263
57$1,264,952$0$0$336,931
58$1,291,918$0$0$343,428
59$1,318,420$0$0$349,710
60$1,344,309$0$0$355,727
61$1,369,418$0$0$361,424
62$1,393,560$0$0$366,739
63$1,416,524$0$0$371,602
64$1,438,077$0$0$375,935
65$1,457,957$0$0$379,653
66$1,475,869$0$0$382,660
67$1,491,488$0$0$384,848
68$1,504,451$0$0$386,099
69$1,514,352$0$0$386,280
70$1,520,741$0$0$385,245
71$1,523,117$0$0$382,831
72$1,520,924$0$0$378,856
73$1,513,545$0$0$373,121
74$1,500,293$0$0$365,403
75$1,480,410$0$0$355,456
76$1,453,052$0$0$343,007
77$1,417,285$0$0$327,754
78$1,372,075$0$0$309,362
79$1,316,275$0$0$287,462
80$1,248,617$0$0$261,644
81$1,167,698$0$0$231,456
82$1,071,965$0$0$196,398
83$959,699$0$0$155,915
84$829,001$0$0$109,397
85$677,772$0$0$56,168
86$503,691$0$0$0
87$304,191$0$0$0
88$76,440$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$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