Can I retire at age 35 with 642,000?

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 $642,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$53,016$52,544$52,083$51,633$51,194$49,755
2 years$26,245$25,757$25,283$24,824$24,378$22,939
3 years$17,323$16,832$16,360$15,905$15,466$14,073
4 years$12,863$12,373$11,906$11,458$11,031$9,693
5 years$10,187$9,701$9,239$8,801$8,385$7,107
6 years$8,404$7,922$7,467$7,038$6,635$5,418
7 years$7,131$6,653$6,205$5,787$5,396$4,240
8 years$6,177$5,702$5,262$4,854$4,477$3,380
9 years$5,435$4,965$4,532$4,135$3,770$2,733
10 years$4,842$4,376$3,951$3,564$3,212$2,233
11 years$4,357$3,896$3,479$3,102$2,763$1,839
12 years$3,953$3,497$3,087$2,721$2,394$1,525
13 years$3,611$3,160$2,758$2,402$2,088$1,271
14 years$3,319$2,873$2,478$2,132$1,830$1,064
15 years$3,066$2,624$2,238$1,902$1,611$894
16 years$2,844$2,408$2,029$1,703$1,424$753
17 years$2,649$2,217$1,846$1,530$1,263$636
18 years$2,476$2,049$1,685$1,379$1,123$538
19 years$2,321$1,899$1,543$1,246$1,001$456
20 years$2,182$1,765$1,416$1,128$894$387
21 years$2,056$1,644$1,302$1,024$800$329
22 years$1,942$1,534$1,200$931$717$280
23 years$1,838$1,435$1,108$848$644$238
24 years$1,743$1,344$1,025$773$578$203
25 years$1,655$1,262$949$706$521$173
26 years$1,575$1,186$880$646$469$148
27 years$1,500$1,116$818$591$423$126
28 years$1,431$1,052$760$542$381$108
29 years$1,367$992$707$497$344$92
30 years$1,307$937$659$456$311$78
31 years$1,251$886$614$419$281$67
32 years$1,199$838$573$385$255$57
33 years$1,150$794$535$354$230$49
34 years$1,104$752$500$326$209$42
35 years$1,060$713$467$300$189$36
36 years$1,020$677$437$276$171$31
37 years$981$643$409$254$155$26
38 years$945$611$383$234$141$22
39 years$910$581$359$216$128$19
40 years$878$553$337$199$116$16
41 years$847$526$316$184$105$14
42 years$817$501$296$170$95$12
43 years$789$478$278$157$86$10
44 years$763$455$261$145$78$9
45 years$737$434$245$134$71$7
46 years$713$414$230$123$65$6
47 years$690$395$216$114$59$5
48 years$668$377$203$105$53$5
49 years$647$360$191$97$48$4
50 years$627$344$179$90$44$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $642,000, adding $3,578 every year, while hoping to spend $30,002 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: 74/13/13 Blend
34$642,000$642,000$642,000$642,000
35$711,175$677,149$667,198$761,615
36$751,793$678,407$657,627$796,694
37$795,548$678,722$646,730$831,041
38$842,729$678,014$634,431$867,857
39$893,653$676,202$620,650$907,378
40$948,668$673,198$605,303$949,864
41$1,008,155$668,909$588,305$995,605
42$1,072,536$663,234$569,562$1,044,915
43$1,142,273$656,071$548,980$1,098,147
44$1,217,874$647,307$526,460$1,155,684
45$1,299,897$636,825$501,897$1,217,954
46$1,388,957$624,501$475,181$1,285,425
47$1,485,731$610,201$446,199$1,358,616
48$1,590,960$593,786$414,832$1,438,098
49$1,705,465$575,108$380,955$1,524,501
50$1,830,144$554,009$344,439$1,618,521
51$1,965,987$530,325$305,146$1,720,924
52$2,114,086$503,879$262,937$1,832,556
53$2,275,639$474,485$217,662$1,954,350
54$2,451,967$441,948$169,166$2,087,336
55$2,644,523$406,059$117,289$2,232,649
56$2,854,907$366,598$61,861$2,391,541
57$3,084,881$323,335$2,706$2,565,394
58$3,336,383$276,023$0$2,755,730
59$3,611,550$224,403$0$2,972,611
60$3,912,731$168,201$0$3,210,456
61$4,242,515$107,130$0$3,470,958
62$4,603,755$40,882$0$3,756,402
63$4,999,588$0$0$4,069,304
64$5,433,474$0$0$4,416,852
65$5,909,220$0$0$4,804,371
66$6,431,020$0$0$5,229,433
67$7,003,493$0$0$5,695,803
68$7,631,730$0$0$6,207,632
69$8,321,333$0$0$6,769,490
70$9,078,478$0$0$7,386,410
71$9,909,966$0$0$8,063,939
72$10,823,288$0$0$8,808,185
73$11,826,697$0$0$9,625,879
74$12,929,287$0$0$10,524,434
75$14,141,073$0$0$11,512,018
76$15,473,090$0$0$12,597,630
77$16,937,497$0$0$13,791,183
78$18,547,687$0$0$15,103,599
79$20,318,417$0$0$16,546,911
80$22,265,946$0$0$18,134,378
81$24,408,187$0$0$19,880,607
82$26,764,877$0$0$21,801,691
83$29,357,761$0$0$23,915,363
84$32,210,800$0$0$26,241,162
85$35,350,393$0$0$28,800,615
86$38,805,628$0$0$31,617,442
87$42,608,556$0$0$34,717,780
88$46,794,493$0$0$38,130,425
89$51,402,351$0$0$41,887,110
90$56,475,008$0$0$46,022,800
91$62,059,708$0$0$50,576,021
92$68,208,512$0$0$55,589,226
93$74,978,783$0$0$61,109,193
94$82,433,731$0$0$67,187,468
95$90,643,008$0$0$73,880,848
96$99,683,364$0$0$81,251,921
97$109,639,372$0$0$89,369,653
98$120,604,224$0$0$98,310,040
99$132,680,612$0$0$108,156,824
100$145,981,697$0$0$119,002,283