Can I retire at age 35 with 670,000?

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 $670,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$55,328$54,835$54,354$53,885$53,427$51,593
2 years$27,390$26,880$26,386$25,906$25,441$23,612
3 years$18,079$17,566$17,073$16,598$16,141$14,374
4 years$13,424$12,913$12,425$11,958$11,512$9,821
5 years$10,632$10,124$9,642$9,185$8,751$7,141
6 years$8,771$8,267$7,792$7,345$6,924$5,396
7 years$7,442$6,943$6,476$6,039$5,631$4,184
8 years$6,446$5,951$5,492$5,066$4,672$3,305
9 years$5,672$5,182$4,730$4,315$3,934$2,646
10 years$5,053$4,567$4,124$3,720$3,352$2,140
11 years$4,547$4,066$3,630$3,237$2,883$1,745
12 years$4,125$3,649$3,222$2,839$2,498$1,432
13 years$3,769$3,298$2,879$2,507$2,179$1,180
14 years$3,464$2,998$2,586$2,225$1,910$977
15 years$3,199$2,739$2,335$1,985$1,682$812
16 years$2,968$2,513$2,117$1,777$1,486$676
17 years$2,765$2,314$1,927$1,597$1,318$564
18 years$2,584$2,138$1,759$1,439$1,172$472
19 years$2,422$1,982$1,610$1,300$1,044$395
20 years$2,277$1,841$1,478$1,178$933$331
21 years$2,146$1,715$1,359$1,069$835$278
22 years$2,027$1,601$1,253$972$748$234
23 years$1,918$1,497$1,157$885$672$196
24 years$1,819$1,403$1,070$807$604$165
25 years$1,727$1,317$991$737$543$139
26 years$1,643$1,237$919$674$489$117
27 years$1,565$1,165$853$617$441$99
28 years$1,493$1,097$793$565$398$83
29 years$1,426$1,035$738$518$359$70
30 years$1,364$978$688$476$325$59
31 years$1,306$924$641$437$294$50
32 years$1,251$875$598$401$266$42
33 years$1,200$828$558$369$240$35
34 years$1,152$785$522$340$218$30
35 years$1,107$745$488$313$197$25
36 years$1,064$707$456$288$179$21
37 years$1,024$671$427$265$162$18
38 years$986$638$400$245$147$15
39 years$950$607$375$226$133$13
40 years$916$577$351$208$121$11
41 years$884$549$329$192$110$9
42 years$853$523$309$177$99$8
43 years$824$498$290$163$90$6
44 years$796$475$272$151$82$5
45 years$770$453$255$139$74$5
46 years$744$432$240$129$67$4
47 years$720$412$225$119$61$3
48 years$697$394$212$110$56$3
49 years$675$376$199$102$51$2
50 years$654$359$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 $670,000, adding $6,757 every year, while hoping to spend $34,068 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: 57/16/27 Blend
34$670,000$670,000$670,000$670,000
35$745,310$709,800$699,415$781,937
36$785,083$708,332$686,597$806,340
37$827,772$705,650$672,208$828,775
38$873,637$701,659$656,160$852,524
39$922,965$696,258$638,358$877,727
40$976,072$689,339$618,708$904,535
41$1,033,303$680,788$597,106$933,118
42$1,095,038$670,485$573,447$963,665
43$1,161,695$658,302$547,621$996,386
44$1,233,733$644,103$519,510$1,031,515
45$1,311,654$627,745$488,995$1,069,310
46$1,396,014$609,076$455,948$1,110,058
47$1,487,422$587,936$420,237$1,154,079
48$1,586,548$564,153$381,723$1,201,725
49$1,694,128$537,548$340,262$1,253,390
50$1,810,972$507,931$295,704$1,309,508
51$1,937,971$475,100$247,891$1,370,561
52$2,076,107$438,842$196,657$1,437,084
53$2,226,456$398,932$141,832$1,509,668
54$2,390,207$355,132$83,236$1,588,969
55$2,568,665$307,190$20,681$1,675,713
56$2,763,267$254,841$0$1,770,704
57$2,975,596$197,804$0$1,888,106
58$3,207,392$135,781$0$2,022,849
59$3,460,572$68,461$0$2,170,122
60$3,737,246$0$0$2,331,193
61$4,039,738$0$0$2,508,253
62$4,370,605$0$0$2,715,161
63$4,732,662$0$0$2,941,633
64$5,129,011$0$0$3,189,615
65$5,563,068$0$0$3,461,251
66$6,038,591$0$0$3,758,903
67$6,559,722$0$0$4,085,169
68$7,131,022$0$0$4,442,916
69$7,757,515$0$0$4,835,295
70$8,444,732$0$0$5,265,782
71$9,198,768$0$0$5,738,203
72$10,026,334$0$0$6,256,774
73$10,934,825$0$0$6,826,137
74$11,932,386$0$0$7,451,407
75$13,027,986$0$0$8,138,218
76$14,231,511$0$0$8,892,776
77$15,553,848$0$0$9,721,921
78$17,006,990$0$0$10,633,183
79$18,604,153$0$0$11,634,863
80$20,359,893$0$0$12,736,102
81$22,290,249$0$0$13,946,975
82$24,412,892$0$0$15,278,577
83$26,747,289$0$0$16,743,137
84$29,314,889$0$0$18,354,125
85$32,139,325$0$0$20,126,385
86$35,246,635$0$0$22,076,270
87$38,665,506$0$0$24,221,798
88$42,427,550$0$0$26,582,823
89$46,567,593$0$0$29,181,220
90$51,124,014$0$0$32,041,092
91$56,139,094$0$0$35,188,999
92$61,659,426$0$0$38,654,203
93$67,736,348$0$0$42,468,949
94$74,426,427$0$0$46,668,768
95$81,791,995$0$0$51,292,810
96$89,901,734$0$0$56,384,215
97$98,831,325$0$0$61,990,519
98$108,664,162$0$0$68,164,101
99$119,492,139$0$0$74,962,682
100$131,416,512$0$0$82,449,862