Can I retire at age 35 with 655,000?

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 $655,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$54,089$53,607$53,137$52,679$52,231$51,707
2 years$26,777$26,278$25,795$25,326$24,872$24,344
3 years$17,674$17,173$16,691$16,227$15,780$15,265
4 years$13,123$12,624$12,147$11,690$11,254$10,756
5 years$10,394$9,897$9,426$8,979$8,555$8,075
6 years$8,575$8,082$7,618$7,181$6,769$6,308
7 years$7,276$6,787$6,331$5,904$5,505$5,062
8 years$6,302$5,818$5,369$4,953$4,567$4,143
9 years$5,545$5,066$4,624$4,218$3,846$3,441
10 years$4,940$4,465$4,031$3,636$3,277$2,890
11 years$4,445$3,975$3,549$3,165$2,819$2,449
12 years$4,033$3,568$3,150$2,776$2,442$2,091
13 years$3,684$3,224$2,814$2,451$2,130$1,796
14 years$3,386$2,931$2,529$2,175$1,867$1,550
15 years$3,128$2,677$2,283$1,940$1,644$1,343
16 years$2,902$2,456$2,070$1,737$1,453$1,168
17 years$2,703$2,262$1,883$1,561$1,288$1,019
18 years$2,526$2,090$1,719$1,407$1,145$891
19 years$2,368$1,937$1,574$1,271$1,021$780
20 years$2,226$1,800$1,445$1,151$912$685
21 years$2,098$1,677$1,329$1,045$816$602
22 years$1,981$1,565$1,225$950$731$530
23 years$1,875$1,464$1,131$865$657$468
24 years$1,778$1,372$1,046$789$590$413
25 years$1,689$1,287$969$721$531$365
26 years$1,606$1,210$898$659$478$322
27 years$1,530$1,139$834$603$431$285
28 years$1,460$1,073$775$553$389$253
29 years$1,394$1,012$722$507$351$224
30 years$1,333$956$672$465$318$198
31 years$1,276$904$627$427$287$176
32 years$1,223$855$585$392$260$156
33 years$1,173$810$546$361$235$138
34 years$1,126$767$510$332$213$123
35 years$1,082$728$477$306$193$109
36 years$1,040$691$446$282$175$97
37 years$1,001$656$418$259$158$86
38 years$964$624$391$239$143$76
39 years$929$593$366$220$130$68
40 years$895$564$343$203$118$60
41 years$864$537$322$188$107$54
42 years$834$511$302$173$97$48
43 years$805$487$283$160$88$42
44 years$778$464$266$148$80$38
45 years$752$443$250$136$73$33
46 years$728$423$235$126$66$30
47 years$704$403$220$116$60$26
48 years$682$385$207$107$54$24
49 years$660$368$195$99$49$21
50 years$640$351$183$92$45$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $655,000, adding $6,348 every year, while hoping to spend $27,208 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: 64/7/29 Blend
34$655,000$655,000$655,000$655,000
35$728,358$693,643$683,490$768,969
36$773,701$698,682$677,438$802,289
37$822,758$703,057$670,271$835,132
38$875,878$706,705$661,924$870,436
39$933,445$709,562$652,327$908,447
40$995,884$711,557$641,407$949,436
41$1,063,659$712,619$629,089$993,704
42$1,137,282$712,667$615,293$1,041,581
43$1,217,317$711,620$599,938$1,093,435
44$1,304,382$709,388$582,934$1,149,669
45$1,399,159$705,878$564,192$1,210,730
46$1,502,398$700,990$543,617$1,277,111
47$1,614,923$694,620$521,110$1,349,357
48$1,737,644$686,655$496,565$1,428,069
49$1,871,559$676,976$469,876$1,513,910
50$2,017,769$665,458$440,927$1,607,614
51$2,177,484$651,969$409,601$1,709,989
52$2,352,038$636,366$375,773$1,821,928
53$2,542,899$618,501$339,315$1,944,417
54$2,751,683$598,216$300,090$2,078,543
55$2,980,169$575,343$257,957$2,225,507
56$3,230,317$549,705$212,770$2,386,634
57$3,504,284$521,116$164,372$2,563,386
58$3,804,447$489,376$112,605$2,757,376
59$4,133,422$454,277$57,299$2,970,384
60$4,494,092$415,598$0$3,204,374
61$4,889,631$373,103$0$3,462,046
62$5,323,534$326,547$0$3,764,212
63$5,799,654$275,666$0$4,095,822
64$6,322,230$220,186$0$4,459,844
65$6,895,937$159,814$0$4,859,554
66$7,525,919$94,242$0$5,298,557
67$8,217,848$23,145$0$5,780,829
68$8,977,969$0$0$6,310,747
69$9,813,162$0$0$6,897,284
70$10,731,007$0$0$7,543,874
71$11,739,854$0$0$8,254,622
72$12,848,904$0$0$9,036,017
73$14,068,292$0$0$9,895,206
74$15,409,184$0$0$10,840,064
75$16,883,884$0$0$11,879,267
76$18,505,947$0$0$13,022,375
77$20,290,308$0$0$14,279,920
78$22,253,421$0$0$15,663,506
79$24,413,417$0$0$17,185,919
80$26,790,272$0$0$18,861,247
81$29,405,997$0$0$20,705,014
82$32,284,844$0$0$22,734,322
83$35,453,536$0$0$24,968,018
84$38,941,517$0$0$27,426,866
85$42,781,231$0$0$30,133,749
86$47,008,428$0$0$33,113,878
87$51,662,499$0$0$36,395,034
88$56,786,851$0$0$40,007,830
89$62,429,312$0$0$43,985,997
90$68,642,586$0$0$48,366,704
91$75,484,747$0$0$53,190,909
92$83,019,787$0$0$58,503,742
93$91,318,223$0$0$64,354,937
94$100,457,757$0$0$70,799,293
95$110,524,014$0$0$77,897,199
96$121,611,345$0$0$85,715,196
97$133,823,721$0$0$94,326,613
98$147,275,712$0$0$103,812,251
99$162,093,568$0$0$114,261,150
100$178,416,411$0$0$125,771,429