Can I retire at age 35 with 643,000?

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 $643,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$53,098$52,625$52,164$51,714$51,274$49,278
2 years$26,286$25,797$25,322$24,862$24,416$22,430
3 years$17,350$16,858$16,385$15,929$15,491$13,576
4 years$12,883$12,393$11,924$11,476$11,048$9,220
5 years$10,203$9,716$9,254$8,815$8,399$6,661
6 years$8,417$7,934$7,478$7,049$6,645$5,000
7 years$7,142$6,663$6,215$5,796$5,405$3,851
8 years$6,186$5,711$5,270$4,862$4,484$3,020
9 years$5,443$4,973$4,539$4,141$3,776$2,400
10 years$4,849$4,383$3,958$3,570$3,217$1,927
11 years$4,364$3,902$3,484$3,107$2,767$1,559
12 years$3,959$3,502$3,092$2,725$2,398$1,269
13 years$3,617$3,165$2,763$2,406$2,091$1,038
14 years$3,324$2,877$2,482$2,136$1,833$852
15 years$3,070$2,628$2,241$1,905$1,614$701
16 years$2,849$2,411$2,032$1,705$1,426$579
17 years$2,653$2,221$1,849$1,532$1,265$479
18 years$2,480$2,052$1,688$1,381$1,124$397
19 years$2,325$1,902$1,545$1,248$1,002$329
20 years$2,185$1,767$1,418$1,130$895$274
21 years$2,059$1,646$1,304$1,026$801$228
22 years$1,945$1,537$1,202$933$718$189
23 years$1,841$1,437$1,110$849$645$158
24 years$1,745$1,347$1,027$775$579$131
25 years$1,658$1,264$951$707$521$110
26 years$1,577$1,188$882$647$470$91
27 years$1,502$1,118$819$592$423$76
28 years$1,433$1,053$761$542$382$64
29 years$1,369$994$708$497$345$53
30 years$1,309$938$660$456$312$44
31 years$1,253$887$615$419$282$37
32 years$1,201$839$574$385$255$31
33 years$1,152$795$536$354$231$26
34 years$1,105$753$501$326$209$22
35 years$1,062$715$468$300$189$18
36 years$1,021$678$438$276$171$15
37 years$983$644$410$255$155$13
38 years$946$612$384$235$141$10
39 years$912$582$360$216$128$9
40 years$879$554$337$200$116$7
41 years$848$527$316$184$105$6
42 years$819$502$296$170$95$5
43 years$791$478$278$157$87$4
44 years$764$456$261$145$79$4
45 years$739$435$245$134$71$3
46 years$714$415$230$124$65$2
47 years$691$396$216$114$59$2
48 years$669$378$203$106$53$2
49 years$648$361$191$98$49$1
50 years$628$345$180$90$44$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $643,000, adding $3,820 every year, while hoping to spend $42,354 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: 64/23/13 Blend
34$643,000$643,000$643,000$643,000
35$712,526$678,447$668,481$755,715
36$740,140$666,627$645,811$773,257
37$769,150$652,808$620,961$787,159
38$799,655$636,847$593,816$801,294
39$831,762$618,594$564,250$815,684
40$865,585$597,889$532,136$830,355
41$901,251$574,562$497,339$845,337
42$938,898$548,435$459,719$860,664
43$978,674$519,317$419,128$876,377
44$1,020,745$487,009$375,415$892,523
45$1,065,287$451,299$328,417$909,154
46$1,112,495$411,962$277,969$926,333
47$1,162,584$368,762$223,894$944,128
48$1,215,785$321,448$166,012$962,619
49$1,272,352$269,757$104,131$981,896
50$1,332,565$213,408$38,053$1,002,061
51$1,396,729$152,107$0$1,023,232
52$1,465,177$85,541$0$1,050,042
53$1,538,274$13,383$0$1,084,062
54$1,616,423$0$0$1,120,207
55$1,700,062$0$0$1,175,078
56$1,789,674$0$0$1,237,525
57$1,885,786$0$0$1,304,533
58$1,988,979$0$0$1,376,511
59$2,099,890$0$0$1,453,906
60$2,219,216$0$0$1,537,211
61$2,347,725$0$0$1,626,965
62$2,486,260$0$0$1,723,763
63$2,635,746$0$0$1,828,255
64$2,797,201$0$0$1,941,159
65$2,971,741$0$0$2,063,262
66$3,160,594$0$0$2,195,428
67$3,365,111$0$0$2,338,609
68$3,586,776$0$0$2,493,851
69$3,827,222$0$0$2,662,303
70$4,088,242$0$0$2,845,232
71$4,371,812$0$0$3,044,027
72$4,680,103$0$0$3,260,220
73$5,015,504$0$0$3,495,494
74$5,380,644$0$0$3,751,702
75$5,778,416$0$0$4,030,882
76$6,212,002$0$0$4,335,280
77$6,684,906$0$0$4,667,363
78$7,200,983$0$0$5,029,849
79$7,764,477$0$0$5,425,732
80$8,380,062$0$0$5,858,304
81$9,052,880$0$0$6,331,191
82$9,788,594$0$0$6,848,386
83$10,593,439$0$0$7,414,285
84$11,474,280$0$0$8,033,727
85$12,438,676$0$0$8,712,043
86$13,494,952$0$0$9,455,101
87$14,652,276$0$0$10,269,366
88$15,920,744$0$0$11,161,956
89$17,311,474$0$0$12,140,712
90$18,836,713$0$0$13,214,267
91$20,509,950$0$0$14,392,135
92$22,346,041$0$0$15,684,790
93$24,361,352$0$0$17,103,773
94$26,573,910$0$0$18,661,795
95$29,003,571$0$0$20,372,858
96$31,672,209$0$0$22,252,388
97$34,603,923$0$0$24,317,377
98$37,825,257$0$0$26,586,545
99$41,365,457$0$0$29,080,516
100$45,256,741$0$0$31,822,009