Can I retire at age 35 with 670,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%15.8%
1 years$55,328$54,835$54,354$53,885$53,427$52,156
2 years$27,390$26,880$26,386$25,906$25,441$24,169
3 years$18,079$17,566$17,073$16,598$16,141$14,906
4 years$13,424$12,913$12,425$11,958$11,512$10,324
5 years$10,632$10,124$9,642$9,185$8,751$7,614
6 years$8,771$8,267$7,792$7,345$6,924$5,839
7 years$7,442$6,943$6,476$6,039$5,631$4,598
8 years$6,446$5,951$5,492$5,066$4,672$3,690
9 years$5,672$5,182$4,730$4,315$3,934$3,003
10 years$5,053$4,567$4,124$3,720$3,352$2,470
11 years$4,547$4,066$3,630$3,237$2,883$2,049
12 years$4,125$3,649$3,222$2,839$2,498$1,712
13 years$3,769$3,298$2,879$2,507$2,179$1,437
14 years$3,464$2,998$2,586$2,225$1,910$1,212
15 years$3,199$2,739$2,335$1,985$1,682$1,026
16 years$2,968$2,513$2,117$1,777$1,486$872
17 years$2,765$2,314$1,927$1,597$1,318$742
18 years$2,584$2,138$1,759$1,439$1,172$633
19 years$2,422$1,982$1,610$1,300$1,044$541
20 years$2,277$1,841$1,478$1,178$933$463
21 years$2,146$1,715$1,359$1,069$835$397
22 years$2,027$1,601$1,253$972$748$340
23 years$1,918$1,497$1,157$885$672$292
24 years$1,819$1,403$1,070$807$604$251
25 years$1,727$1,317$991$737$543$216
26 years$1,643$1,237$919$674$489$186
27 years$1,565$1,165$853$617$441$160
28 years$1,493$1,097$793$565$398$138
29 years$1,426$1,035$738$518$359$119
30 years$1,364$978$688$476$325$102
31 years$1,306$924$641$437$294$88
32 years$1,251$875$598$401$266$76
33 years$1,200$828$558$369$240$66
34 years$1,152$785$522$340$218$57
35 years$1,107$745$488$313$197$49
36 years$1,064$707$456$288$179$42
37 years$1,024$671$427$265$162$36
38 years$986$638$400$245$147$31
39 years$950$607$375$226$133$27
40 years$916$577$351$208$121$23
41 years$884$549$329$192$110$20
42 years$853$523$309$177$99$17
43 years$824$498$290$163$90$15
44 years$796$475$272$151$82$13
45 years$770$453$255$139$74$11
46 years$744$432$240$129$67$10
47 years$720$412$225$119$61$8
48 years$697$394$212$110$56$7
49 years$675$376$199$102$51$6
50 years$654$359$187$94$46$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $670,000, adding $5,807 every year, while hoping to spend $40,065 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: 53/27/20 Blend
34$670,000$670,000$670,000$670,000
35$744,330$708,820$698,435$779,416
36$777,623$700,923$679,204$796,246
37$812,969$691,297$657,985$809,877
38$850,535$679,814$634,671$823,849
39$890,504$666,339$609,147$838,207
40$933,076$650,730$581,294$853,003
41$978,470$632,837$550,988$868,296
42$1,026,927$612,498$518,099$884,155
43$1,078,708$589,546$482,490$900,657
44$1,134,103$563,800$444,020$917,891
45$1,193,427$535,072$402,541$935,956
46$1,257,028$503,161$357,896$954,968
47$1,325,284$467,856$309,925$975,054
48$1,398,614$428,931$258,459$996,360
49$1,477,475$386,151$203,320$1,019,050
50$1,562,370$339,266$144,324$1,043,309
51$1,653,852$288,010$81,278$1,069,344
52$1,752,526$232,104$13,983$1,097,390
53$1,859,060$171,253$0$1,127,709
54$1,974,185$105,146$0$1,172,936
55$2,098,707$33,452$0$1,225,047
56$2,233,508$0$0$1,281,472
57$2,379,563$0$0$1,355,799
58$2,537,940$0$0$1,447,229
59$2,709,814$0$0$1,546,509
60$2,896,480$0$0$1,654,393
61$3,099,358$0$0$1,771,711
62$3,320,015$0$0$1,899,375
63$3,560,171$0$0$2,038,389
64$3,821,720$0$0$2,189,860
65$4,106,748$0$0$2,355,002
66$4,417,547$0$0$2,535,154
67$4,756,644$0$0$2,731,791
68$5,126,816$0$0$2,946,533
69$5,531,123$0$0$3,181,165
70$5,972,932$0$0$3,437,654
71$6,455,952$0$0$3,718,163
72$6,984,263$0$0$4,025,075
73$7,562,361$0$0$4,361,013
74$8,195,195$0$0$4,728,867
75$8,888,214$0$0$5,131,817
76$9,647,421$0$0$5,573,366
77$10,479,423$0$0$6,057,375
78$11,391,501$0$0$6,588,091
79$12,391,670$0$0$7,170,195
80$13,488,761$0$0$7,808,843
81$14,692,500$0$0$8,509,712
82$16,013,598$0$0$9,279,057
83$17,463,856$0$0$10,123,769
84$19,056,272$0$0$11,051,436
85$20,805,163$0$0$12,070,419
86$22,726,304$0$0$13,189,927
87$24,837,070$0$0$14,420,108
88$27,156,604$0$0$15,772,139
89$29,705,994$0$0$17,258,334
90$32,508,474$0$0$18,892,260
91$35,589,639$0$0$20,688,864
92$38,977,690$0$0$22,664,614
93$42,703,697$0$0$24,837,653
94$46,801,890$0$0$27,227,972
95$51,309,985$0$0$29,857,595
96$56,269,535$0$0$32,750,789
97$61,726,327$0$0$35,934,292
98$67,730,807$0$0$39,437,565
99$74,338,558$0$0$43,293,067
100$81,610,825$0$0$47,536,566