Can I retire at age 35 with 659,000?

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 $659,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$54,420$53,935$53,462$53,000$52,550$52,153
2 years$26,940$26,439$25,952$25,481$25,024$24,624
3 years$17,782$17,278$16,793$16,326$15,876$15,485
4 years$13,203$12,701$12,221$11,762$11,323$10,944
5 years$10,457$9,958$9,484$9,034$8,607$8,242
6 years$8,627$8,131$7,664$7,225$6,811$6,459
7 years$7,320$6,829$6,369$5,940$5,539$5,201
8 years$6,340$5,853$5,402$4,983$4,595$4,271
9 years$5,579$5,096$4,652$4,244$3,870$3,560
10 years$4,970$4,492$4,056$3,659$3,297$3,001
11 years$4,472$3,999$3,571$3,184$2,836$2,553
12 years$4,058$3,589$3,169$2,793$2,457$2,187
13 years$3,707$3,244$2,831$2,466$2,143$1,886
14 years$3,407$2,949$2,544$2,189$1,878$1,634
15 years$3,147$2,694$2,297$1,952$1,654$1,422
16 years$2,920$2,471$2,082$1,748$1,462$1,241
17 years$2,719$2,276$1,895$1,570$1,296$1,087
18 years$2,542$2,103$1,730$1,415$1,152$955
19 years$2,383$1,949$1,584$1,279$1,027$840
20 years$2,240$1,811$1,453$1,158$917$741
21 years$2,111$1,687$1,337$1,051$821$654
22 years$1,993$1,575$1,232$956$736$579
23 years$1,887$1,473$1,138$870$661$513
24 years$1,789$1,380$1,052$794$594$454
25 years$1,699$1,295$974$725$534$403
26 years$1,616$1,217$904$663$481$358
27 years$1,540$1,145$839$607$434$319
28 years$1,469$1,079$780$556$392$283
29 years$1,403$1,018$726$510$354$252
30 years$1,341$962$676$468$319$225
31 years$1,284$909$630$430$289$200
32 years$1,230$860$588$395$261$178
33 years$1,180$815$549$363$236$159
34 years$1,133$772$513$334$214$142
35 years$1,089$732$480$308$194$127
36 years$1,047$695$449$283$176$113
37 years$1,007$660$420$261$159$101
38 years$970$627$393$241$144$90
39 years$934$597$369$222$131$80
40 years$901$568$345$205$119$72
41 years$869$540$324$189$108$64
42 years$839$515$304$174$98$57
43 years$810$490$285$161$89$51
44 years$783$467$268$148$81$46
45 years$757$446$251$137$73$41
46 years$732$425$236$127$66$37
47 years$708$406$222$117$60$33
48 years$686$387$208$108$55$29
49 years$664$370$196$100$50$26
50 years$643$353$184$92$45$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $659,000, adding $3,433 every year, while hoping to spend $50,495 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: 60/13/27 Blend
34$659,000$659,000$659,000$659,000
35$729,759$694,832$684,618$768,039
36$750,468$675,153$653,826$774,843
37$771,597$652,816$620,311$776,545
38$793,136$627,640$583,927$777,334
39$815,071$599,429$544,523$777,133
40$837,386$567,979$501,942$775,859
41$860,061$533,072$456,019$773,424
42$883,072$494,478$406,581$769,732
43$906,392$451,954$353,448$764,682
44$929,989$405,244$296,433$758,165
45$953,823$354,076$235,339$750,065
46$977,851$298,164$169,961$740,255
47$1,002,021$237,204$100,084$728,602
48$1,026,277$170,877$25,487$714,961
49$1,050,552$98,844$0$699,178
50$1,074,770$20,749$0$696,678
51$1,098,845$0$0$700,540
52$1,122,682$0$0$712,419
53$1,146,169$0$0$727,008
54$1,169,186$0$0$741,255
55$1,191,592$0$0$755,068
56$1,213,233$0$0$768,343
57$1,233,935$0$0$780,965
58$1,253,502$0$0$792,803
59$1,271,716$0$0$803,712
60$1,288,335$0$0$813,530
61$1,303,086$0$0$822,077
62$1,315,668$0$0$829,150
63$1,325,742$0$0$834,527
64$1,332,933$0$0$837,957
65$1,336,825$0$0$839,165
66$1,336,954$0$0$837,840
67$1,332,805$0$0$833,643
68$1,323,807$0$0$826,194
69$1,309,325$0$0$815,071
70$1,288,656$0$0$799,809
71$1,261,021$0$0$779,891
72$1,225,556$0$0$754,744
73$1,181,305$0$0$723,734
74$1,127,209$0$0$686,159
75$1,062,095$0$0$641,243
76$984,667$0$0$588,126
77$893,490$0$0$525,857
78$786,977$0$0$453,386
79$663,373$0$0$369,550
80$520,741$0$0$273,065
81$356,935$0$0$162,512
82$169,588$0$0$36,323
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