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%12.6%
1 years$55,163$54,671$54,192$53,724$53,267$52,689
2 years$27,308$26,800$26,307$25,829$25,365$24,783
3 years$18,025$17,514$17,022$16,549$16,093$15,525
4 years$13,384$12,875$12,388$11,923$11,478$10,928
5 years$10,600$10,094$9,613$9,158$8,725$8,196
6 years$8,745$8,242$7,769$7,323$6,904$6,395
7 years$7,420$6,922$6,456$6,021$5,615$5,127
8 years$6,427$5,933$5,475$5,051$4,658$4,191
9 years$5,655$5,166$4,716$4,302$3,923$3,476
10 years$5,038$4,554$4,111$3,709$3,342$2,916
11 years$4,533$4,054$3,620$3,228$2,874$2,469
12 years$4,113$3,639$3,212$2,831$2,491$2,105
13 years$3,758$3,288$2,870$2,499$2,172$1,805
14 years$3,453$2,989$2,579$2,219$1,904$1,556
15 years$3,190$2,730$2,328$1,979$1,677$1,347
16 years$2,959$2,505$2,111$1,772$1,482$1,169
17 years$2,756$2,307$1,921$1,592$1,314$1,018
18 years$2,576$2,132$1,753$1,435$1,168$889
19 years$2,415$1,976$1,605$1,296$1,041$778
20 years$2,270$1,836$1,473$1,174$930$682
21 years$2,139$1,710$1,355$1,065$832$599
22 years$2,021$1,596$1,249$969$746$526
23 years$1,912$1,493$1,153$882$670$463
24 years$1,813$1,399$1,066$805$602$408
25 years$1,722$1,313$988$735$542$360
26 years$1,638$1,234$916$672$488$318
27 years$1,561$1,161$851$615$440$281
28 years$1,489$1,094$791$564$397$248
29 years$1,422$1,032$736$517$358$220
30 years$1,360$975$685$474$324$194
31 years$1,302$922$639$436$293$172
32 years$1,247$872$596$400$265$152
33 years$1,196$826$557$368$240$135
34 years$1,148$783$520$339$217$120
35 years$1,103$742$486$312$197$106
36 years$1,061$705$455$287$178$94
37 years$1,021$669$426$265$161$83
38 years$983$636$399$244$146$74
39 years$947$605$374$225$133$66
40 years$913$575$350$207$120$58
41 years$881$548$328$191$109$52
42 years$850$522$308$177$99$46
43 years$821$497$289$163$90$41
44 years$794$474$271$151$82$36
45 years$767$452$255$139$74$32
46 years$742$431$239$128$67$28
47 years$718$411$225$119$61$25
48 years$695$393$211$110$55$22
49 years$673$375$199$101$50$20
50 years$652$358$187$94$46$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $668,000, adding $6,344 every year, while hoping to spend $21,093 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: 60/27/13 Blend
34$668,000$668,000$668,000$668,000
35$742,680$707,276$696,922$784,501
36$795,990$719,490$697,826$825,614
37$854,032$731,595$698,053$867,506
38$917,264$743,564$697,559$912,696
39$986,194$755,368$696,296$961,505
40$1,061,378$766,973$694,215$1,014,286
41$1,143,432$778,348$691,264$1,071,428
42$1,233,029$789,454$687,389$1,133,360
43$1,330,913$800,253$682,532$1,200,554
44$1,437,904$810,702$676,634$1,273,532
45$1,554,901$820,758$669,632$1,352,870
46$1,682,898$830,372$661,461$1,439,200
47$1,822,986$839,493$652,053$1,533,222
48$1,976,369$848,066$641,335$1,635,705
49$2,144,371$856,034$629,232$1,747,499
50$2,328,451$863,334$615,666$1,869,542
51$2,530,217$869,901$600,554$2,002,864
52$2,751,436$875,663$583,810$2,148,606
53$2,994,059$880,547$565,344$2,308,022
54$3,260,232$884,473$545,062$2,482,496
55$3,552,319$887,355$522,865$2,673,556
56$3,872,924$889,104$498,649$2,882,882
57$4,224,916$889,624$472,308$3,112,331
58$4,611,456$888,814$443,729$3,363,949
59$5,036,024$886,566$412,793$3,639,990
60$5,502,456$882,765$379,379$3,942,943
61$6,014,975$877,289$343,357$4,275,547
62$6,578,236$870,010$304,593$4,640,826
63$7,197,366$860,790$262,947$5,042,113
64$7,878,015$849,486$218,273$5,483,083
65$8,626,405$835,943$170,418$5,967,786
66$9,449,392$819,999$119,221$6,500,688
67$10,354,532$801,481$64,517$7,086,713
68$11,350,148$780,207$6,131$7,731,290
69$12,445,409$755,983$0$8,440,402
70$13,650,419$728,604$0$9,228,440
71$14,976,311$697,855$0$10,096,298
72$16,435,351$663,506$0$11,051,170
73$18,041,053$625,315$0$12,101,923
74$19,808,310$583,025$0$13,258,332
75$21,753,531$536,366$0$14,531,169
76$23,894,793$485,050$0$15,932,306
77$26,252,021$428,776$0$17,474,831
78$28,847,164$367,224$0$19,173,166
79$31,704,411$300,054$0$21,043,208
80$34,850,415$226,910$0$23,102,481
81$38,314,544$147,416$0$25,370,294
82$42,129,160$61,171$0$27,867,932
83$46,329,922$0$0$30,618,855
84$50,956,125$0$0$33,658,497
85$56,051,069$0$0$37,026,212
86$61,662,465$0$0$40,735,372
87$67,842,890$0$0$44,820,740
88$74,650,281$0$0$49,320,622
89$82,148,479$0$0$54,277,229
90$90,407,835$0$0$59,737,076
91$99,505,873$0$0$65,751,420
92$109,528,018$0$0$72,376,744
93$120,568,407$0$0$79,675,289
94$132,730,774$0$0$87,715,643
95$146,129,431$0$0$96,573,388
96$160,890,345$0$0$106,331,811
97$177,152,327$0$0$117,082,694
98$195,068,342$0$0$128,927,175
99$214,806,956$0$0$141,976,708
100$236,553,920$0$0$156,354,110