Can I retire at age 35 with 649,000?

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 $649,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$53,594$53,116$52,651$52,196$51,752$49,837
2 years$26,532$26,037$25,559$25,094$24,644$22,736
3 years$17,512$17,016$16,538$16,078$15,635$13,794
4 years$13,003$12,508$12,035$11,583$11,151$9,392
5 years$10,299$9,807$9,340$8,897$8,477$6,803
6 years$8,496$8,008$7,548$7,115$6,707$5,121
7 years$7,209$6,725$6,273$5,850$5,455$3,955
8 years$6,244$5,765$5,320$4,907$4,525$3,111
9 years$5,494$5,019$4,582$4,180$3,811$2,480
10 years$4,895$4,424$3,994$3,603$3,247$1,997
11 years$4,404$3,939$3,517$3,136$2,793$1,621
12 years$3,996$3,535$3,121$2,750$2,420$1,324
13 years$3,651$3,195$2,788$2,428$2,110$1,086
14 years$3,355$2,904$2,505$2,156$1,850$895
15 years$3,099$2,653$2,262$1,922$1,629$740
16 years$2,875$2,434$2,051$1,721$1,440$613
17 years$2,678$2,241$1,866$1,547$1,276$509
18 years$2,503$2,071$1,704$1,394$1,135$423
19 years$2,346$1,920$1,560$1,259$1,012$353
20 years$2,206$1,784$1,431$1,141$904$294
21 years$2,079$1,661$1,317$1,035$809$245
22 years$1,963$1,551$1,213$941$725$205
23 years$1,858$1,451$1,120$857$651$171
24 years$1,762$1,359$1,036$782$585$143
25 years$1,673$1,275$960$714$526$120
26 years$1,592$1,199$890$653$474$101
27 years$1,516$1,128$826$598$427$84
28 years$1,446$1,063$768$547$386$71
29 years$1,382$1,003$715$502$348$59
30 years$1,321$947$666$461$315$50
31 years$1,265$895$621$423$284$42
32 years$1,212$847$579$389$257$35
33 years$1,162$802$541$358$233$29
34 years$1,116$760$505$329$211$24
35 years$1,072$721$472$303$191$21
36 years$1,031$685$442$279$173$17
37 years$992$650$414$257$157$14
38 years$955$618$387$237$142$12
39 years$920$588$363$218$129$10
40 years$887$559$340$201$117$9
41 years$856$532$319$186$106$7
42 years$826$507$299$172$96$6
43 years$798$483$281$158$87$5
44 years$771$460$264$146$79$4
45 years$745$439$247$135$72$4
46 years$721$419$232$125$65$3
47 years$698$400$218$115$59$2
48 years$675$381$205$106$54$2
49 years$654$364$193$98$49$2
50 years$634$348$181$91$44$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $649,000, adding $3,634 every year, while hoping to spend $48,046 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: 20/50/30 Blend
34$649,000$649,000$649,000$649,000
35$718,946$684,549$674,490$726,422
36$741,158$666,972$645,965$716,269
37$764,026$646,923$614,874$701,241
38$787,564$624,230$581,080$684,141
39$811,791$598,712$544,441$664,830
40$836,721$570,176$504,807$643,166
41$862,371$538,419$462,023$618,998
42$888,757$503,226$415,925$592,165
43$915,894$464,368$366,343$562,499
44$943,799$421,606$313,099$529,822
45$972,487$374,685$256,007$493,947
46$1,001,972$323,335$194,875$454,675
47$1,032,268$267,274$129,498$411,799
48$1,063,390$206,201$59,667$365,099
49$1,095,349$139,799$0$314,342
50$1,128,159$67,733$0$264,041
51$1,161,829$0$0$229,873
52$1,196,370$0$0$198,220
53$1,231,789$0$0$203,964
54$1,268,092$0$0$209,839
55$1,305,284$0$0$215,842
56$1,343,367$0$0$221,972
57$1,382,340$0$0$228,228
58$1,422,199$0$0$234,605
59$1,462,939$0$0$241,100
60$1,504,547$0$0$247,709
61$1,547,010$0$0$254,425
62$1,590,308$0$0$261,242
63$1,634,415$0$0$268,151
64$1,679,301$0$0$275,144
65$1,724,928$0$0$282,208
66$1,771,250$0$0$289,332
67$1,818,215$0$0$296,499
68$1,865,758$0$0$303,695
69$1,913,806$0$0$310,898
70$1,962,274$0$0$318,086
71$2,011,063$0$0$325,236
72$2,060,061$0$0$332,318
73$2,109,138$0$0$339,300
74$2,158,149$0$0$346,147
75$2,206,925$0$0$352,818
76$2,255,279$0$0$359,267
77$2,302,998$0$0$365,444
78$2,349,840$0$0$371,291
79$2,395,537$0$0$376,744
80$2,439,784$0$0$381,732
81$2,482,242$0$0$386,176
82$2,522,528$0$0$389,987
83$2,560,217$0$0$393,065
84$2,594,833$0$0$395,301
85$2,625,844$0$0$396,573
86$2,652,657$0$0$396,745
87$2,674,614$0$0$395,665
88$2,690,979$0$0$393,166
89$2,700,935$0$0$389,063
90$2,703,573$0$0$383,149
91$2,697,886$0$0$375,195
92$2,682,754$0$0$364,948
93$2,656,932$0$0$352,127
94$2,619,044$0$0$336,423
95$2,567,561$0$0$317,490
96$2,500,791$0$0$294,949
97$2,416,856$0$0$268,379
98$2,313,682$0$0$237,314
99$2,188,968$0$0$201,240
100$2,040,171$0$0$159,587