Can I retire at age 35 with 658,000?

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 $658,000?

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$54,337$53,853$53,381$52,920$52,470$51,944
2 years$26,900$26,399$25,913$25,442$24,986$24,456
3 years$17,755$17,252$16,767$16,301$15,852$15,334
4 years$13,183$12,682$12,202$11,744$11,306$10,805
5 years$10,441$9,943$9,470$9,021$8,594$8,112
6 years$8,614$8,119$7,653$7,214$6,800$6,336
7 years$7,309$6,818$6,360$5,931$5,531$5,085
8 years$6,331$5,845$5,393$4,975$4,588$4,162
9 years$5,570$5,089$4,645$4,238$3,864$3,456
10 years$4,962$4,485$4,050$3,653$3,292$2,903
11 years$4,465$3,993$3,565$3,179$2,831$2,461
12 years$4,051$3,584$3,164$2,789$2,454$2,101
13 years$3,701$3,239$2,827$2,462$2,140$1,804
14 years$3,402$2,944$2,540$2,185$1,876$1,557
15 years$3,142$2,689$2,293$1,949$1,651$1,349
16 years$2,915$2,468$2,079$1,745$1,460$1,173
17 years$2,715$2,273$1,892$1,568$1,294$1,023
18 years$2,538$2,100$1,727$1,413$1,151$895
19 years$2,379$1,946$1,581$1,277$1,026$784
20 years$2,236$1,808$1,451$1,156$916$688
21 years$2,107$1,685$1,335$1,050$820$605
22 years$1,990$1,572$1,230$954$735$533
23 years$1,884$1,471$1,136$869$660$470
24 years$1,786$1,378$1,050$793$593$415
25 years$1,696$1,293$973$724$534$366
26 years$1,614$1,215$902$662$481$324
27 years$1,537$1,144$838$606$433$287
28 years$1,467$1,078$779$555$391$254
29 years$1,401$1,017$725$509$353$225
30 years$1,339$960$675$467$319$199
31 years$1,282$908$629$429$288$177
32 years$1,229$859$587$394$261$157
33 years$1,178$813$548$363$236$139
34 years$1,131$771$512$334$214$123
35 years$1,087$731$479$307$194$110
36 years$1,045$694$448$283$175$97
37 years$1,006$659$419$261$159$86
38 years$968$626$393$240$144$77
39 years$933$596$368$221$131$68
40 years$900$567$345$204$119$61
41 years$868$539$323$188$108$54
42 years$838$514$303$174$98$48
43 years$809$490$285$161$89$43
44 years$782$467$267$148$80$38
45 years$756$445$251$137$73$34
46 years$731$424$236$126$66$30
47 years$707$405$221$117$60$27
48 years$685$387$208$108$55$24
49 years$663$369$196$100$50$21
50 years$642$353$184$92$45$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $658,000, adding $3,216 every year, while hoping to spend $51,180 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: 68/6/26 Blend
34$658,000$658,000$658,000$658,000
35$728,433$693,559$683,360$772,868
36$748,278$673,089$651,798$782,650
37$768,432$649,899$617,463$787,206
38$788,873$623,805$580,208$791,013
39$809,573$594,606$539,880$793,999
40$830,502$562,094$496,318$796,083
41$851,623$526,048$449,355$797,180
42$872,896$486,231$398,816$797,197
43$894,273$442,398$344,518$796,033
44$915,699$394,286$286,269$793,582
45$937,112$341,617$223,871$789,724
46$958,442$284,101$157,115$784,333
47$979,608$221,427$85,783$777,271
48$1,000,520$153,269$9,649$768,390
49$1,021,076$79,283$0$757,527
50$1,041,163$0$0$764,371
51$1,060,650$0$0$773,075
52$1,079,393$0$0$786,436
53$1,097,231$0$0$799,096
54$1,113,981$0$0$810,920
55$1,129,443$0$0$821,755
56$1,143,390$0$0$831,431
57$1,155,569$0$0$839,759
58$1,165,701$0$0$846,527
59$1,173,472$0$0$851,500
60$1,178,536$0$0$854,417
61$1,180,505$0$0$854,988
62$1,178,951$0$0$852,889
63$1,173,396$0$0$847,764
64$1,163,312$0$0$839,213
65$1,148,111$0$0$826,798
66$1,127,143$0$0$810,029
67$1,099,687$0$0$788,364
68$1,064,944$0$0$761,205
69$1,022,029$0$0$727,886
70$969,964$0$0$687,674
71$907,665$0$0$639,755
72$833,932$0$0$583,230
73$747,439$0$0$517,103
74$646,720$0$0$440,273
75$530,153$0$0$351,526
76$395,947$0$0$249,516
77$242,122$0$0$132,759
78$66,488$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