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%13.1%
1 years$54,667$54,180$53,705$53,242$52,789$52,108
2 years$27,063$26,559$26,071$25,597$25,138$24,452
3 years$17,863$17,357$16,869$16,400$15,948$15,280
4 years$13,264$12,759$12,277$11,815$11,374$10,729
5 years$10,505$10,003$9,527$9,075$8,647$8,025
6 years$8,666$8,168$7,699$7,258$6,842$6,245
7 years$7,353$6,860$6,398$5,967$5,564$4,993
8 years$6,369$5,880$5,426$5,005$4,616$4,070
9 years$5,604$5,120$4,674$4,264$3,887$3,366
10 years$4,993$4,513$4,075$3,675$3,312$2,815
11 years$4,492$4,017$3,587$3,199$2,849$2,376
12 years$4,076$3,606$3,183$2,806$2,469$2,019
13 years$3,724$3,259$2,844$2,477$2,153$1,726
14 years$3,422$2,962$2,556$2,199$1,887$1,483
15 years$3,161$2,706$2,307$1,961$1,661$1,279
16 years$2,933$2,483$2,092$1,756$1,468$1,107
17 years$2,732$2,286$1,904$1,578$1,302$960
18 years$2,553$2,113$1,738$1,422$1,158$836
19 years$2,393$1,958$1,591$1,285$1,032$728
20 years$2,250$1,819$1,460$1,163$922$636
21 years$2,120$1,695$1,343$1,056$825$557
22 years$2,003$1,582$1,238$960$739$487
23 years$1,895$1,480$1,143$874$664$427
24 years$1,797$1,386$1,057$797$597$375
25 years$1,707$1,301$979$728$537$330
26 years$1,624$1,223$908$666$483$290
27 years$1,547$1,151$843$610$436$255
28 years$1,475$1,084$784$558$393$225
29 years$1,409$1,023$729$512$355$198
30 years$1,348$966$679$470$321$174
31 years$1,290$913$633$432$290$154
32 years$1,236$864$591$397$262$135
33 years$1,186$818$552$365$238$120
34 years$1,138$776$515$336$215$105
35 years$1,093$736$482$309$195$93
36 years$1,051$698$451$285$176$82
37 years$1,012$663$422$262$160$73
38 years$974$630$395$242$145$64
39 years$939$599$370$223$131$57
40 years$905$570$347$206$119$50
41 years$873$543$325$190$108$44
42 years$843$517$305$175$98$39
43 years$814$492$286$162$89$34
44 years$787$469$269$149$81$30
45 years$760$448$252$138$73$27
46 years$735$427$237$127$67$24
47 years$712$408$223$118$61$21
48 years$689$389$209$109$55$19
49 years$667$372$197$100$50$16
50 years$646$355$185$93$45$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $662,000, adding $2,410 every year, while hoping to spend $52,216 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: 44/45/11 Blend
34$662,000$662,000$662,000$662,000
35$732,010$696,924$686,663$761,808
36$751,118$675,516$654,109$761,365
37$770,424$651,309$618,714$755,399
38$789,895$624,110$580,328$747,764
39$809,489$593,717$538,794$738,328
40$829,162$559,913$493,949$726,947
41$848,859$522,473$445,619$713,470
42$868,523$481,153$393,627$697,733
43$888,084$435,702$337,786$679,563
44$907,466$385,849$277,899$658,773
45$926,582$331,310$213,763$635,164
46$945,334$271,785$145,165$608,523
47$963,613$206,957$71,882$578,621
48$981,295$136,491$0$545,214
49$998,240$60,033$0$508,784
50$1,014,296$0$0$477,359
51$1,029,287$0$0$453,510
52$1,043,021$0$0$458,733
53$1,055,281$0$0$463,197
54$1,065,826$0$0$466,783
55$1,074,389$0$0$469,360
56$1,080,671$0$0$470,780
57$1,084,339$0$0$470,883
58$1,085,024$0$0$469,486
59$1,082,317$0$0$466,390
60$1,075,762$0$0$461,372
61$1,064,855$0$0$454,186
62$1,049,036$0$0$444,558
63$1,027,683$0$0$432,185
64$1,000,109$0$0$416,732
65$965,552$0$0$397,828
66$923,168$0$0$375,060
67$872,023$0$0$347,976
68$811,085$0$0$316,070
69$739,209$0$0$278,787
70$655,132$0$0$235,511
71$557,456$0$0$185,562
72$444,635$0$0$128,188
73$314,962$0$0$62,559
74$166,548$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$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