Can I retire at age 35 with 653,000?

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 $653,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$53,924$53,444$52,975$52,518$52,071$51,830
2 years$26,695$26,198$25,716$25,249$24,796$24,552
3 years$17,620$17,121$16,640$16,177$15,731$15,493
4 years$13,083$12,585$12,110$11,655$11,220$10,989
5 years$10,362$9,867$9,398$8,952$8,529$8,306
6 years$8,548$8,057$7,595$7,159$6,749$6,534
7 years$7,253$6,766$6,311$5,886$5,489$5,282
8 years$6,283$5,800$5,352$4,937$4,553$4,354
9 years$5,528$5,050$4,610$4,206$3,835$3,644
10 years$4,925$4,451$4,019$3,625$3,267$3,085
11 years$4,431$3,963$3,538$3,155$2,810$2,635
12 years$4,021$3,557$3,140$2,767$2,435$2,268
13 years$3,673$3,214$2,806$2,443$2,123$1,964
14 years$3,376$2,922$2,521$2,169$1,861$1,710
15 years$3,118$2,669$2,276$1,934$1,639$1,494
16 years$2,893$2,449$2,063$1,732$1,448$1,311
17 years$2,695$2,255$1,878$1,556$1,284$1,154
18 years$2,518$2,084$1,714$1,402$1,142$1,018
19 years$2,361$1,931$1,569$1,267$1,018$901
20 years$2,219$1,795$1,440$1,148$909$798
21 years$2,091$1,672$1,325$1,042$814$709
22 years$1,975$1,560$1,221$947$729$630
23 years$1,869$1,459$1,127$862$655$561
24 years$1,773$1,367$1,042$787$588$500
25 years$1,684$1,283$966$718$529$446
26 years$1,602$1,206$896$657$477$398
27 years$1,526$1,135$832$601$430$356
28 years$1,455$1,070$773$551$388$319
29 years$1,390$1,009$719$505$350$285
30 years$1,329$953$670$464$317$255
31 years$1,272$901$625$426$286$229
32 years$1,219$852$583$391$259$205
33 years$1,169$807$544$360$234$184
34 years$1,123$765$508$331$212$165
35 years$1,079$726$475$305$192$148
36 years$1,037$689$445$281$174$133
37 years$998$654$416$259$158$120
38 years$961$622$390$238$143$107
39 years$926$591$365$220$130$96
40 years$893$562$342$203$118$87
41 years$861$535$321$187$107$78
42 years$831$510$301$173$97$70
43 years$803$486$283$159$88$63
44 years$776$463$265$147$80$57
45 years$750$442$249$136$72$51
46 years$725$421$234$126$66$46
47 years$702$402$220$116$60$41
48 years$680$384$206$107$54$37
49 years$658$366$194$99$49$33
50 years$638$350$182$92$45$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $653,000, adding $4,273 every year, while hoping to spend $38,519 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: 51/34/15 Blend
34$653,000$653,000$653,000$653,000
35$724,014$689,405$679,283$757,774
36$756,879$682,202$661,055$774,196
37$791,806$673,354$640,926$787,645
38$828,963$662,742$618,790$801,410
39$868,538$650,236$594,539$815,533
40$910,731$635,701$568,059$830,061
41$955,767$618,992$539,231$845,052
42$1,003,890$599,956$507,929$860,567
43$1,055,365$578,433$474,023$876,679
44$1,110,487$554,251$437,378$893,471
45$1,169,577$527,230$397,850$911,038
46$1,232,988$497,178$355,292$929,485
47$1,301,106$463,892$309,548$948,936
48$1,374,356$427,161$260,455$969,526
49$1,453,204$386,756$207,844$991,412
50$1,538,163$342,439$151,539$1,014,768
51$1,629,795$293,958$91,355$1,039,793
52$1,728,718$241,045$27,099$1,066,708
53$1,835,610$183,420$0$1,095,763
54$1,951,218$120,783$0$1,133,878
55$2,076,362$52,821$0$1,179,788
56$2,211,944$0$0$1,229,541
57$2,358,954$0$0$1,291,351
58$2,518,483$0$0$1,379,925
59$2,691,730$0$0$1,476,174
60$2,880,013$0$0$1,580,839
61$3,084,784$0$0$1,694,734
62$3,307,638$0$0$1,818,755
63$3,550,332$0$0$1,953,887
64$3,814,798$0$0$2,101,216
65$4,103,163$0$0$2,261,935
66$4,417,767$0$0$2,437,360
67$4,761,188$0$0$2,628,935
68$5,136,262$0$0$2,838,255
69$5,546,110$0$0$3,067,073
70$5,994,169$0$0$3,317,318
71$6,484,226$0$0$3,591,116
72$7,020,445$0$0$3,890,808
73$7,607,416$0$0$4,218,970
74$8,250,191$0$0$4,578,441
75$8,954,333$0$0$4,972,346
76$9,725,971$0$0$5,404,127
77$10,571,852$0$0$5,877,574
78$11,499,409$0$0$6,396,863
79$12,516,827$0$0$6,966,592
80$13,633,123$0$0$7,591,827
81$14,858,228$0$0$8,278,147
82$16,203,081$0$0$9,031,699
83$17,679,733$0$0$9,859,251
84$19,301,457$0$0$10,768,264
85$21,082,876$0$0$11,766,951
86$23,040,099$0$0$12,864,366
87$25,190,872$0$0$14,070,477
88$27,554,746$0$0$15,396,271
89$30,153,258$0$0$16,853,851
90$33,010,138$0$0$18,456,549
91$36,151,530$0$0$20,219,056
92$39,606,235$0$0$22,157,556
93$43,405,989$0$0$24,289,883
94$47,585,756$0$0$26,635,683
95$52,184,057$0$0$29,216,604
96$57,243,339$0$0$32,056,497
97$62,810,368$0$0$35,181,643
98$68,936,672$0$0$38,620,999
99$75,679,028$0$0$42,406,470
100$83,099,995$0$0$46,573,212