Can I retire at age 35 with 661,000?

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 $661,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$54,585$54,099$53,624$53,161$52,709$52,007
2 years$27,022$26,519$26,031$25,558$25,100$24,394
3 years$17,836$17,330$16,844$16,375$15,924$15,236
4 years$13,244$12,740$12,258$11,798$11,357$10,692
5 years$10,489$9,988$9,513$9,062$8,634$7,994
6 years$8,653$8,156$7,688$7,247$6,831$6,217
7 years$7,342$6,849$6,389$5,958$5,556$4,968
8 years$6,360$5,871$5,418$4,998$4,609$4,047
9 years$5,596$5,112$4,666$4,257$3,882$3,345
10 years$4,985$4,506$4,068$3,670$3,307$2,796
11 years$4,486$4,011$3,582$3,194$2,844$2,358
12 years$4,070$3,600$3,179$2,801$2,465$2,003
13 years$3,718$3,254$2,840$2,473$2,149$1,711
14 years$3,417$2,958$2,552$2,195$1,884$1,469
15 years$3,156$2,702$2,304$1,958$1,659$1,266
16 years$2,928$2,479$2,089$1,753$1,466$1,095
17 years$2,728$2,283$1,901$1,575$1,300$950
18 years$2,549$2,109$1,735$1,420$1,156$825
19 years$2,390$1,955$1,588$1,283$1,030$719
20 years$2,247$1,817$1,458$1,162$920$628
21 years$2,117$1,692$1,341$1,054$824$549
22 years$2,000$1,580$1,236$959$738$480
23 years$1,892$1,477$1,141$873$663$421
24 years$1,794$1,384$1,055$796$596$369
25 years$1,704$1,299$977$727$536$324
26 years$1,621$1,221$906$665$483$285
27 years$1,544$1,149$842$609$435$250
28 years$1,473$1,083$783$558$393$220
29 years$1,407$1,021$728$511$355$194
30 years$1,346$965$678$469$320$171
31 years$1,288$912$632$431$290$150
32 years$1,234$863$590$396$262$132
33 years$1,184$817$551$364$237$117
34 years$1,136$774$515$335$215$103
35 years$1,092$735$481$309$194$91
36 years$1,050$697$450$284$176$80
37 years$1,010$662$421$262$160$71
38 years$973$629$395$241$145$62
39 years$937$598$370$222$131$55
40 years$904$569$346$205$119$49
41 years$872$542$325$189$108$43
42 years$842$516$305$175$98$38
43 years$813$492$286$161$89$33
44 years$785$469$268$149$81$29
45 years$759$447$252$138$73$26
46 years$734$426$237$127$67$23
47 years$711$407$222$117$60$20
48 years$688$388$209$108$55$18
49 years$666$371$196$100$50$16
50 years$645$354$185$93$45$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $661,000, adding $5,401 every year, while hoping to spend $34,309 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: 54/22/24 Blend
34$661,000$661,000$661,000$661,000
35$733,993$698,960$688,715$768,508
36$772,356$696,705$675,282$790,594
37$813,482$693,189$660,250$810,612
38$857,616$688,315$643,527$831,690
39$905,029$681,978$625,022$853,943
40$956,016$674,069$604,634$877,495
41$1,010,902$664,470$582,261$902,488
42$1,070,044$653,059$557,797$929,080
43$1,133,833$639,703$531,127$957,444
44$1,202,699$624,264$502,135$987,777
45$1,277,116$606,595$470,699$1,020,295
46$1,357,604$586,540$436,689$1,055,240
47$1,444,734$563,935$399,972$1,092,880
48$1,539,133$538,604$360,408$1,133,516
49$1,641,492$510,363$317,849$1,177,478
50$1,752,572$479,018$272,145$1,225,135
51$1,873,206$444,362$223,133$1,276,899
52$2,004,314$406,177$170,649$1,333,224
53$2,146,907$364,232$114,518$1,394,614
54$2,302,095$318,284$54,559$1,461,632
55$2,471,103$268,074$0$1,534,897
56$2,655,278$213,331$0$1,617,515
57$2,856,099$153,768$0$1,722,902
58$3,075,200$89,081$0$1,837,971
59$3,314,373$18,949$0$1,963,717
60$3,575,595$0$0$2,101,237
61$3,861,042$0$0$2,265,533
62$4,173,107$0$0$2,450,226
63$4,514,427$0$0$2,652,296
64$4,887,906$0$0$2,873,470
65$5,296,739$0$0$3,115,648
66$5,744,446$0$0$3,380,925
67$6,234,904$0$0$3,671,607
68$6,772,381$0$0$3,990,231
69$7,361,578$0$0$4,339,594
70$8,007,674$0$0$4,722,777
71$8,716,371$0$0$5,143,172
72$9,493,950$0$0$5,604,515
73$10,347,330$0$0$6,110,922
74$11,284,132$0$0$6,666,928
75$12,312,752$0$0$7,277,525
76$13,442,436$0$0$7,948,217
77$14,683,372$0$0$8,685,064
78$16,046,783$0$0$9,494,741
79$17,545,031$0$0$10,384,606
80$19,191,737$0$0$11,362,761
81$21,001,906$0$0$12,438,134
82$22,992,070$0$0$13,620,561
83$25,180,442$0$0$14,920,878
84$27,587,087$0$0$16,351,024
85$30,234,115$0$0$17,924,154
86$33,145,884$0$0$19,654,762
87$36,349,232$0$0$21,558,815
88$39,873,729$0$0$23,653,908
89$43,751,957$0$0$25,959,428
90$48,019,813$0$0$28,496,734
91$52,716,853$0$0$31,289,364
92$57,886,661$0$0$34,363,249
93$63,577,258$0$0$37,746,966
94$69,841,561$0$0$41,472,000
95$76,737,874$0$0$45,573,044
96$84,330,444$0$0$50,088,329
97$92,690,063$0$0$55,059,977
98$101,894,738$0$0$60,534,407
99$112,030,423$0$0$66,562,766
100$123,191,835$0$0$73,201,414