Can I retire at age 35 with 657,000?

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 $657,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$54,254$53,771$53,300$52,839$52,390$50,856
2 years$26,859$26,358$25,874$25,404$24,948$23,414
3 years$17,728$17,226$16,742$16,276$15,828$14,343
4 years$13,163$12,663$12,184$11,726$11,289$9,865
5 years$10,425$9,928$9,455$9,007$8,581$7,222
6 years$8,601$8,107$7,641$7,203$6,790$5,496
7 years$7,298$6,808$6,350$5,922$5,522$4,293
8 years$6,321$5,836$5,385$4,968$4,581$3,417
9 years$5,562$5,081$4,638$4,231$3,858$2,758
10 years$4,955$4,479$4,044$3,647$3,287$2,249
11 years$4,459$3,987$3,560$3,174$2,827$1,849
12 years$4,045$3,579$3,159$2,784$2,450$1,530
13 years$3,696$3,234$2,823$2,458$2,136$1,273
14 years$3,396$2,940$2,536$2,182$1,873$1,063
15 years$3,137$2,685$2,290$1,946$1,649$891
16 years$2,911$2,464$2,076$1,742$1,457$749
17 years$2,711$2,269$1,889$1,566$1,292$631
18 years$2,534$2,097$1,725$1,411$1,149$533
19 years$2,375$1,943$1,579$1,275$1,024$451
20 years$2,233$1,806$1,449$1,155$915$382
21 years$2,104$1,682$1,333$1,048$819$324
22 years$1,987$1,570$1,228$953$734$275
23 years$1,881$1,468$1,134$868$659$233
24 years$1,783$1,376$1,049$791$592$198
25 years$1,694$1,291$971$723$533$169
26 years$1,611$1,213$901$661$480$143
27 years$1,535$1,142$837$605$433$122
28 years$1,464$1,076$778$554$390$104
29 years$1,399$1,015$724$508$352$89
30 years$1,337$959$674$466$318$75
31 years$1,280$906$629$428$288$64
32 years$1,227$858$586$394$260$55
33 years$1,177$812$548$362$236$47
34 years$1,130$770$512$333$213$40
35 years$1,085$730$478$307$193$34
36 years$1,043$693$447$282$175$29
37 years$1,004$658$419$260$159$25
38 years$967$625$392$240$144$21
39 years$932$595$367$221$131$18
40 years$898$566$344$204$118$15
41 years$867$539$323$188$107$13
42 years$836$513$303$174$97$11
43 years$808$489$284$160$88$10
44 years$781$466$267$148$80$8
45 years$755$444$251$137$73$7
46 years$730$424$235$126$66$6
47 years$706$404$221$117$60$5
48 years$684$386$208$108$55$4
49 years$662$369$195$100$50$4
50 years$641$352$184$92$45$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $657,000, adding $4,564 every year, while hoping to spend $24,041 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: 45/46/9 Blend
34$657,000$657,000$657,000$657,000
35$728,722$693,901$683,717$759,468
36$777,472$702,322$681,042$789,622
37$830,389$710,351$677,472$819,463
38$887,872$717,942$672,951$851,271
39$950,362$725,047$667,421$885,235
40$1,018,340$731,617$660,822$921,565
41$1,092,341$737,596$653,089$960,493
42$1,172,949$742,927$644,157$1,002,275
43$1,260,808$747,549$633,954$1,047,195
44$1,356,628$751,396$622,409$1,095,566
45$1,461,188$754,399$609,445$1,147,735
46$1,575,349$756,484$594,980$1,204,084
47$1,700,055$757,573$578,933$1,265,037
48$1,836,348$757,581$561,215$1,331,062
49$1,985,374$756,421$541,734$1,402,675
50$2,148,395$753,998$520,394$1,480,449
51$2,326,800$750,212$497,096$1,565,015
52$2,522,119$744,958$471,734$1,657,071
53$2,736,037$738,123$444,199$1,757,389
54$2,970,410$729,588$414,377$1,866,819
55$3,227,280$719,227$382,147$1,986,304
56$3,508,899$706,905$347,386$2,116,884
57$3,817,745$692,482$309,961$2,259,707
58$4,156,548$675,806$269,737$2,416,041
59$4,528,314$656,719$226,572$2,587,289
60$4,936,356$635,052$180,316$2,774,997
61$5,384,322$610,628$130,815$2,980,874
62$5,876,232$583,257$77,906$3,206,808
63$6,416,511$552,740$21,419$3,454,882
64$7,010,037$518,867$0$3,727,396
65$7,662,183$481,413$0$4,030,622
66$8,378,867$440,144$0$4,366,069
67$9,166,610$394,809$0$4,734,791
68$10,032,595$345,146$0$5,140,223
69$10,984,737$290,875$0$5,586,155
70$12,031,755$231,703$0$6,076,770
71$13,183,256$167,318$0$6,616,681
72$14,449,824$97,393$0$7,210,979
73$15,843,121$21,580$0$7,865,280
74$17,375,997$0$0$8,585,778
75$19,062,607$0$0$9,409,924
76$20,918,550$0$0$10,328,925
77$22,961,014$0$0$11,340,379
78$25,208,936$0$0$12,453,674
79$27,683,181$0$0$13,679,158
80$30,406,742$0$0$15,028,231
81$33,404,952$0$0$16,513,453
82$36,705,726$0$0$18,148,667
83$40,339,823$0$0$19,949,125
84$44,341,137$0$0$21,931,631
85$48,747,015$0$0$24,114,706
86$53,598,609$0$0$26,518,755
87$58,941,266$0$0$29,166,264
88$64,824,956$0$0$32,082,010
89$71,304,741$0$0$35,293,298
90$78,441,294$0$0$38,830,213
91$86,301,475$0$0$42,725,908
92$94,958,958$0$0$47,016,918
93$104,494,928$0$0$51,743,499
94$114,998,848$0$0$56,950,013
95$126,569,298$0$0$62,685,345
96$139,314,912$0$0$69,003,364
97$153,355,399$0$0$75,963,430
98$168,822,672$0$0$83,630,957
99$185,862,094$0$0$92,078,028
100$204,633,853$0$0$101,384,077