Can I retire at age 35 with 662,000?

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 $662,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$54,667$54,180$53,705$53,242$52,789$52,500
2 years$27,063$26,559$26,071$25,597$25,138$24,846
3 years$17,863$17,357$16,869$16,400$15,948$15,663
4 years$13,264$12,759$12,277$11,815$11,374$11,098
5 years$10,505$10,003$9,527$9,075$8,647$8,380
6 years$8,666$8,168$7,699$7,258$6,842$6,585
7 years$7,353$6,860$6,398$5,967$5,564$5,317
8 years$6,369$5,880$5,426$5,005$4,616$4,379
9 years$5,604$5,120$4,674$4,264$3,887$3,660
10 years$4,993$4,513$4,075$3,675$3,312$3,095
11 years$4,492$4,017$3,587$3,199$2,849$2,641
12 years$4,076$3,606$3,183$2,806$2,469$2,270
13 years$3,724$3,259$2,844$2,477$2,153$1,963
14 years$3,422$2,962$2,556$2,199$1,887$1,706
15 years$3,161$2,706$2,307$1,961$1,661$1,490
16 years$2,933$2,483$2,092$1,756$1,468$1,305
17 years$2,732$2,286$1,904$1,578$1,302$1,147
18 years$2,553$2,113$1,738$1,422$1,158$1,011
19 years$2,393$1,958$1,591$1,285$1,032$893
20 years$2,250$1,819$1,460$1,163$922$790
21 years$2,120$1,695$1,343$1,056$825$700
22 years$2,003$1,582$1,238$960$739$622
23 years$1,895$1,480$1,143$874$664$553
24 years$1,797$1,386$1,057$797$597$492
25 years$1,707$1,301$979$728$537$438
26 years$1,624$1,223$908$666$483$391
27 years$1,547$1,151$843$610$436$349
28 years$1,475$1,084$784$558$393$312
29 years$1,409$1,023$729$512$355$278
30 years$1,348$966$679$470$321$249
31 years$1,290$913$633$432$290$223
32 years$1,236$864$591$397$262$199
33 years$1,186$818$552$365$238$179
34 years$1,138$776$515$336$215$160
35 years$1,093$736$482$309$195$143
36 years$1,051$698$451$285$176$128
37 years$1,012$663$422$262$160$115
38 years$974$630$395$242$145$103
39 years$939$599$370$223$131$93
40 years$905$570$347$206$119$83
41 years$873$543$325$190$108$75
42 years$843$517$305$175$98$67
43 years$814$492$286$162$89$60
44 years$787$469$269$149$81$54
45 years$760$448$252$138$73$48
46 years$735$427$237$127$67$43
47 years$712$408$223$118$61$39
48 years$689$389$209$109$55$35
49 years$667$372$197$100$50$31
50 years$646$355$185$93$45$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $662,000, adding $2,684 every year, while hoping to spend $24,758 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: 42/50/8 Blend
34$662,000$662,000$662,000$662,000
35$732,293$697,207$686,946$761,222
36$780,644$705,027$683,616$789,466
37$833,098$712,402$679,345$817,316
38$890,046$719,281$674,075$846,907
39$951,919$725,615$667,746$878,405
40$1,019,194$731,349$660,293$911,997
41$1,092,390$736,424$651,652$947,889
42$1,172,084$740,779$641,753$986,308
43$1,258,907$744,347$630,522$1,027,506
44$1,353,555$747,060$617,884$1,071,763
45$1,456,794$748,842$603,759$1,119,387
46$1,569,466$749,614$588,064$1,170,721
47$1,692,500$749,293$570,712$1,226,142
48$1,826,915$747,789$551,612$1,286,068
49$1,973,837$745,007$530,667$1,350,963
50$2,134,503$740,847$507,779$1,421,338
51$2,310,276$735,203$482,844$1,497,761
52$2,502,657$727,960$455,751$1,580,856
53$2,713,297$719,000$426,389$1,671,317
54$2,944,018$708,194$394,636$1,769,909
55$3,196,821$695,410$360,370$1,877,479
56$3,473,914$680,502$323,461$1,994,964
57$3,777,728$663,322$283,771$2,123,396
58$4,110,940$643,708$241,161$2,263,921
59$4,476,498$621,491$195,481$2,417,801
60$4,877,648$596,492$146,578$2,586,433
61$5,317,970$568,522$94,290$2,771,360
62$5,801,403$537,379$38,448$2,974,287
63$6,332,287$502,852$0$3,197,097
64$6,915,405$464,716$0$3,443,675
65$7,556,023$422,734$0$3,718,134
66$8,259,944$376,655$0$4,019,742
67$9,033,561$326,214$0$4,351,320
68$9,883,917$271,131$0$4,715,981
69$10,818,771$211,111$0$5,117,159
70$11,846,670$145,840$0$5,558,649
71$12,977,034$74,989$0$6,044,635
72$14,220,238$0$0$6,579,737
73$15,587,714$0$0$7,170,040
74$17,092,058$0$0$7,864,906
75$18,747,150$0$0$8,629,500
76$20,568,279$0$0$9,470,898
77$22,572,294$0$0$10,396,895
78$24,777,760$0$0$11,416,083
79$27,205,130$0$0$12,537,927
80$29,876,944$0$0$13,772,858
81$32,818,034$0$0$15,132,368
82$36,055,765$0$0$16,629,120
83$39,620,290$0$0$18,277,068
84$43,544,831$0$0$20,091,587
85$47,865,998$0$0$22,089,621
86$52,624,131$0$0$24,289,839
87$57,863,682$0$0$26,712,811
88$63,633,632$0$0$29,381,206
89$69,987,953$0$0$32,320,005
90$76,986,122$0$0$35,556,731
91$84,693,675$0$0$39,121,716
92$93,182,830$0$0$43,048,382
93$102,533,167$0$0$47,373,561
94$112,832,377$0$0$52,137,836
95$124,177,092$0$0$57,385,931
96$136,673,797$0$0$63,167,127
97$150,439,831$0$0$69,535,733
98$165,604,497$0$0$76,551,591
99$182,310,283$0$0$84,280,648
100$200,714,204$0$0$92,795,574