Can I retire at age 35 with 668,000?

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 $668,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$55,163$54,671$54,192$53,724$53,267$51,296
2 years$27,308$26,800$26,307$25,829$25,365$23,401
3 years$18,025$17,514$17,022$16,549$16,093$14,198
4 years$13,384$12,875$12,388$11,923$11,478$9,667
5 years$10,600$10,094$9,613$9,158$8,725$7,002
6 years$8,745$8,242$7,769$7,323$6,904$5,271
7 years$7,420$6,922$6,456$6,021$5,615$4,071
8 years$6,427$5,933$5,475$5,051$4,658$3,202
9 years$5,655$5,166$4,716$4,302$3,923$2,553
10 years$5,038$4,554$4,111$3,709$3,342$2,056
11 years$4,533$4,054$3,620$3,228$2,874$1,668
12 years$4,113$3,639$3,212$2,831$2,491$1,363
13 years$3,758$3,288$2,870$2,499$2,172$1,118
14 years$3,453$2,989$2,579$2,219$1,904$921
15 years$3,190$2,730$2,328$1,979$1,677$761
16 years$2,959$2,505$2,111$1,772$1,482$631
17 years$2,756$2,307$1,921$1,592$1,314$524
18 years$2,576$2,132$1,753$1,435$1,168$436
19 years$2,415$1,976$1,605$1,296$1,041$363
20 years$2,270$1,836$1,473$1,174$930$303
21 years$2,139$1,710$1,355$1,065$832$253
22 years$2,021$1,596$1,249$969$746$211
23 years$1,912$1,493$1,153$882$670$176
24 years$1,813$1,399$1,066$805$602$148
25 years$1,722$1,313$988$735$542$124
26 years$1,638$1,234$916$672$488$103
27 years$1,561$1,161$851$615$440$87
28 years$1,489$1,094$791$564$397$73
29 years$1,422$1,032$736$517$358$61
30 years$1,360$975$685$474$324$51
31 years$1,302$922$639$436$293$43
32 years$1,247$872$596$400$265$36
33 years$1,196$826$557$368$240$30
34 years$1,148$783$520$339$217$25
35 years$1,103$742$486$312$197$21
36 years$1,061$705$455$287$178$18
37 years$1,021$669$426$265$161$15
38 years$983$636$399$244$146$12
39 years$947$605$374$225$133$10
40 years$913$575$350$207$120$9
41 years$881$548$328$191$109$7
42 years$850$522$308$177$99$6
43 years$821$497$289$163$90$5
44 years$794$474$271$151$82$4
45 years$767$452$255$139$74$4
46 years$742$431$239$128$67$3
47 years$718$411$225$119$61$3
48 years$695$393$211$110$55$2
49 years$673$375$199$101$50$2
50 years$652$358$187$94$46$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $668,000, adding $3,577 every year, while hoping to spend $49,204 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: 69/24/7 Blend
34$668,000$668,000$668,000$668,000
35$739,826$704,422$694,068$789,794
36$762,935$686,586$664,966$805,505
37$786,753$666,227$633,241$816,334
38$811,299$643,169$598,752$826,842
39$836,594$617,227$561,352$836,987
40$862,659$588,203$520,890$846,726
41$889,516$555,891$477,206$856,010
42$917,186$520,070$430,132$864,788
43$945,693$480,507$379,495$873,008
44$975,058$436,956$325,113$880,612
45$1,005,305$389,158$266,795$887,537
46$1,036,457$336,838$204,344$893,718
47$1,068,538$279,705$137,552$899,086
48$1,101,572$217,453$66,202$903,566
49$1,135,582$149,758$0$907,078
50$1,170,594$76,279$0$910,281
51$1,206,631$0$0$917,667
52$1,243,717$0$0$925,093
53$1,281,878$0$0$953,460
54$1,321,137$0$0$982,643
55$1,361,519$0$0$1,012,658
56$1,403,046$0$0$1,043,522
57$1,445,743$0$0$1,075,253
58$1,489,632$0$0$1,107,868
59$1,534,736$0$0$1,141,381
60$1,581,074$0$0$1,175,810
61$1,628,667$0$0$1,211,167
62$1,677,534$0$0$1,247,466
63$1,727,692$0$0$1,284,720
64$1,779,156$0$0$1,322,940
65$1,831,939$0$0$1,362,133
66$1,886,053$0$0$1,402,309
67$1,941,505$0$0$1,443,471
68$1,998,299$0$0$1,485,623
69$2,056,438$0$0$1,528,764
70$2,115,917$0$0$1,572,892
71$2,176,730$0$0$1,617,998
72$2,238,863$0$0$1,664,073
73$2,302,297$0$0$1,711,100
74$2,367,005$0$0$1,759,058
75$2,432,955$0$0$1,807,921
76$2,500,105$0$0$1,857,655
77$2,568,401$0$0$1,908,220
78$2,637,782$0$0$1,959,567
79$2,708,173$0$0$2,011,637
80$2,779,487$0$0$2,064,363
81$2,851,619$0$0$2,117,664
82$2,924,451$0$0$2,171,448
83$2,997,843$0$0$2,225,609
84$3,071,637$0$0$2,280,023
85$3,145,650$0$0$2,334,550
86$3,219,675$0$0$2,389,030
87$3,293,475$0$0$2,443,284
88$3,366,783$0$0$2,497,103
89$3,439,295$0$0$2,550,258
90$3,510,670$0$0$2,602,486
91$3,580,524$0$0$2,653,492
92$3,648,423$0$0$2,702,945
93$3,713,882$0$0$2,750,475
94$3,776,358$0$0$2,795,665
95$3,835,241$0$0$2,838,052
96$3,889,852$0$0$2,877,114
97$3,939,431$0$0$2,912,272
98$3,983,131$0$0$2,942,880
99$4,020,008$0$0$2,968,217
100$4,049,009$0$0$2,987,481