Can I retire at age 35 with 661,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%12.9%
1 years$54,585$54,099$53,624$53,161$52,709$52,072
2 years$27,022$26,519$26,031$25,558$25,100$24,458
3 years$17,836$17,330$16,844$16,375$15,924$15,299
4 years$13,244$12,740$12,258$11,798$11,357$10,753
5 years$10,489$9,988$9,513$9,062$8,634$8,051
6 years$8,653$8,156$7,688$7,247$6,831$6,272
7 years$7,342$6,849$6,389$5,958$5,556$5,020
8 years$6,360$5,871$5,418$4,998$4,609$4,097
9 years$5,596$5,112$4,666$4,257$3,882$3,392
10 years$4,985$4,506$4,068$3,670$3,307$2,841
11 years$4,486$4,011$3,582$3,194$2,844$2,400
12 years$4,070$3,600$3,179$2,801$2,465$2,043
13 years$3,718$3,254$2,840$2,473$2,149$1,748
14 years$3,417$2,958$2,552$2,195$1,884$1,504
15 years$3,156$2,702$2,304$1,958$1,659$1,299
16 years$2,928$2,479$2,089$1,753$1,466$1,126
17 years$2,728$2,283$1,901$1,575$1,300$978
18 years$2,549$2,109$1,735$1,420$1,156$852
19 years$2,390$1,955$1,588$1,283$1,030$744
20 years$2,247$1,817$1,458$1,162$920$651
21 years$2,117$1,692$1,341$1,054$824$570
22 years$2,000$1,580$1,236$959$738$500
23 years$1,892$1,477$1,141$873$663$439
24 years$1,794$1,384$1,055$796$596$386
25 years$1,704$1,299$977$727$536$340
26 years$1,621$1,221$906$665$483$299
27 years$1,544$1,149$842$609$435$264
28 years$1,473$1,083$783$558$393$233
29 years$1,407$1,021$728$511$355$205
30 years$1,346$965$678$469$320$181
31 years$1,288$912$632$431$290$160
32 years$1,234$863$590$396$262$141
33 years$1,184$817$551$364$237$125
34 years$1,136$774$515$335$215$110
35 years$1,092$735$481$309$194$98
36 years$1,050$697$450$284$176$86
37 years$1,010$662$421$262$160$76
38 years$973$629$395$241$145$67
39 years$937$598$370$222$131$60
40 years$904$569$346$205$119$53
41 years$872$542$325$189$108$47
42 years$842$516$305$175$98$41
43 years$813$492$286$161$89$37
44 years$785$469$268$149$81$32
45 years$759$447$252$138$73$29
46 years$734$426$237$127$67$25
47 years$711$407$222$117$60$22
48 years$688$388$209$108$55$20
49 years$666$371$196$100$50$18
50 years$645$354$185$93$45$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $661,000, adding $6,898 every year, while hoping to spend $42,650 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: 49/29/22 Blend
34$661,000$661,000$661,000$661,000
35$735,537$700,504$690,259$766,711
36$765,183$689,450$668,003$778,052
37$796,423$676,424$643,573$785,506
38$829,375$661,286$616,849$792,724
39$864,167$643,885$587,709$799,700
40$900,939$624,062$556,025$806,434
41$939,843$601,650$521,660$812,926
42$981,047$576,470$484,476$819,180
43$1,024,732$548,335$444,323$825,204
44$1,071,096$517,045$401,050$831,009
45$1,120,358$482,390$354,495$836,613
46$1,172,754$444,147$304,490$842,038
47$1,228,546$402,081$250,862$847,313
48$1,288,018$355,944$193,426$852,476
49$1,351,482$305,471$131,992$857,571
50$1,419,280$250,386$66,361$862,654
51$1,491,787$190,395$0$867,790
52$1,569,413$125,189$0$873,922
53$1,652,610$54,440$0$896,958
54$1,741,870$0$0$921,466
55$1,837,737$0$0$954,710
56$1,940,806$0$0$1,009,180
57$2,051,730$0$0$1,067,854
58$2,171,226$0$0$1,131,118
59$2,300,083$0$0$1,199,397
60$2,439,166$0$0$1,273,157
61$2,589,426$0$0$1,352,911
62$2,751,910$0$0$1,439,220
63$2,927,764$0$0$1,532,706
64$3,118,254$0$0$1,634,047
65$3,324,767$0$0$1,743,993
66$3,548,831$0$0$1,863,366
67$3,792,124$0$0$1,993,073
68$4,056,495$0$0$2,134,108
69$4,343,975$0$0$2,287,567
70$4,656,801$0$0$2,454,657
71$4,997,431$0$0$2,636,703
72$5,368,573$0$0$2,835,165
73$5,773,206$0$0$3,051,651
74$6,214,608$0$0$3,287,928
75$6,696,389$0$0$3,545,942
76$7,222,519$0$0$3,827,838
77$7,797,372$0$0$4,135,974
78$8,425,762$0$0$4,472,946
79$9,112,989$0$0$4,841,616
80$9,864,889$0$0$5,245,132
81$10,687,888$0$0$5,686,961
82$11,589,061$0$0$6,170,921
83$12,576,201$0$0$6,701,218
84$13,657,888$0$0$7,282,483
85$14,843,573$0$0$7,919,815
86$16,143,664$0$0$8,618,833
87$17,569,624$0$0$9,385,723
88$19,134,081$0$0$10,227,300
89$20,850,942$0$0$11,151,072
90$22,735,526$0$0$12,165,307
91$24,804,708$0$0$13,279,114
92$27,077,076$0$0$14,502,527
93$29,573,108$0$0$15,846,600
94$32,315,361$0$0$17,323,510
95$35,328,687$0$0$18,946,672
96$38,640,463$0$0$20,730,866
97$42,280,850$0$0$22,692,375
98$46,283,076$0$0$24,849,136
99$50,683,752$0$0$27,220,915
100$55,523,210$0$0$29,829,485