Can I retire at age 35 with 654,000?

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 $654,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$54,007$53,526$53,056$52,598$52,151$50,828
2 years$26,736$26,238$25,755$25,288$24,834$23,510
3 years$17,647$17,147$16,666$16,202$15,756$14,472
4 years$13,103$12,605$12,128$11,673$11,237$10,003
5 years$10,378$9,882$9,412$8,966$8,542$7,362
6 years$8,561$8,070$7,606$7,170$6,759$5,633
7 years$7,265$6,777$6,321$5,895$5,497$4,426
8 years$6,292$5,809$5,361$4,945$4,560$3,543
9 years$5,537$5,058$4,617$4,212$3,840$2,877
10 years$4,932$4,458$4,025$3,631$3,272$2,361
11 years$4,438$3,969$3,544$3,160$2,814$1,953
12 years$4,027$3,562$3,145$2,772$2,439$1,627
13 years$3,679$3,219$2,810$2,447$2,127$1,363
14 years$3,381$2,926$2,525$2,172$1,864$1,146
15 years$3,123$2,673$2,279$1,937$1,641$968
16 years$2,897$2,453$2,067$1,735$1,451$819
17 years$2,699$2,259$1,881$1,558$1,286$696
18 years$2,522$2,087$1,717$1,404$1,144$592
19 years$2,365$1,934$1,572$1,269$1,019$504
20 years$2,223$1,797$1,442$1,149$911$430
21 years$2,095$1,674$1,327$1,043$815$367
22 years$1,978$1,563$1,223$948$730$314
23 years$1,872$1,462$1,129$864$656$269
24 years$1,775$1,370$1,044$788$589$230
25 years$1,686$1,285$967$719$530$198
26 years$1,604$1,208$897$658$478$169
27 years$1,528$1,137$833$602$431$145
28 years$1,458$1,071$774$552$389$125
29 years$1,392$1,011$720$506$351$107
30 years$1,331$954$671$464$317$92
31 years$1,274$902$626$426$287$79
32 years$1,221$854$584$392$259$68
33 years$1,171$808$545$360$235$58
34 years$1,124$766$509$332$212$50
35 years$1,080$727$476$305$192$43
36 years$1,039$690$445$281$174$37
37 years$999$655$417$259$158$32
38 years$962$623$390$239$143$27
39 years$927$592$366$220$130$24
40 years$894$563$343$203$118$20
41 years$863$536$321$187$107$18
42 years$833$511$302$173$97$15
43 years$804$487$283$160$88$13
44 years$777$464$266$147$80$11
45 years$751$442$249$136$73$10
46 years$727$422$234$126$66$8
47 years$703$403$220$116$60$7
48 years$681$384$207$107$54$6
49 years$659$367$194$99$49$5
50 years$639$351$183$92$45$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $654,000, adding $2,857 every year, while hoping to spend $50,886 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: 33/46/21 Blend
34$654,000$654,000$654,000$654,000
35$723,655$688,993$678,856$742,780
36$743,325$668,611$647,455$736,894
37$763,297$645,526$613,297$725,711
38$783,546$619,549$576,236$712,608
39$804,046$590,486$536,118$697,446
40$824,766$558,126$492,785$680,080
41$845,668$522,250$446,069$660,352
42$866,710$482,625$395,796$638,099
43$887,844$439,003$341,786$613,143
44$909,015$391,125$283,846$585,299
45$930,160$338,716$221,780$554,366
46$951,207$281,483$155,381$520,135
47$972,075$219,121$84,431$482,380
48$992,673$151,304$8,706$440,863
49$1,012,898$77,690$0$395,329
50$1,032,633$0$0$361,667
51$1,051,748$0$0$327,617
52$1,070,097$0$0$332,562
53$1,087,516$0$0$337,114
54$1,103,823$0$0$341,206
55$1,118,812$0$0$344,760
56$1,132,256$0$0$347,693
57$1,143,900$0$0$349,909
58$1,153,460$0$0$351,304
59$1,160,621$0$0$351,761
60$1,165,033$0$0$351,151
61$1,166,304$0$0$349,329
62$1,164,002$0$0$346,135
63$1,157,644$0$0$341,392
64$1,146,699$0$0$334,904
65$1,130,572$0$0$326,454
66$1,108,609$0$0$315,799
67$1,080,080$0$0$302,672
68$1,044,181$0$0$286,779
69$1,000,020$0$0$267,791
70$946,608$0$0$245,347
71$882,852$0$0$219,046
72$807,543$0$0$188,446
73$719,344$0$0$153,057
74$616,776$0$0$112,338
75$498,204$0$0$65,692
76$361,821$0$0$12,457
77$205,630$0$0$0
78$27,424$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$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