Can I retire at age 35 with 671,000?

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 $671,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$55,411$54,917$54,435$53,965$53,506$53,058
2 years$27,431$26,920$26,425$25,945$25,479$25,027
3 years$18,106$17,593$17,099$16,623$16,165$15,724
4 years$13,444$12,932$12,443$11,976$11,529$11,102
5 years$10,648$10,139$9,657$9,199$8,764$8,352
6 years$8,784$8,279$7,804$7,356$6,935$6,538
7 years$7,453$6,953$6,485$6,048$5,640$5,259
8 years$6,456$5,960$5,500$5,074$4,679$4,314
9 years$5,680$5,189$4,737$4,322$3,940$3,591
10 years$5,060$4,574$4,130$3,725$3,357$3,023
11 years$4,554$4,072$3,636$3,242$2,887$2,569
12 years$4,131$3,655$3,227$2,844$2,502$2,199
13 years$3,774$3,303$2,883$2,511$2,182$1,893
14 years$3,469$3,002$2,590$2,229$1,913$1,638
15 years$3,204$2,743$2,339$1,988$1,684$1,423
16 years$2,973$2,516$2,120$1,780$1,488$1,241
17 years$2,769$2,317$1,929$1,599$1,320$1,085
18 years$2,588$2,141$1,761$1,441$1,173$952
19 years$2,426$1,985$1,612$1,302$1,046$836
20 years$2,281$1,844$1,480$1,179$934$736
21 years$2,149$1,718$1,361$1,070$836$649
22 years$2,030$1,604$1,254$973$749$574
23 years$1,921$1,500$1,158$886$673$507
24 years$1,821$1,405$1,071$808$605$449
25 years$1,730$1,319$992$738$544$398
26 years$1,646$1,239$920$675$490$353
27 years$1,568$1,166$854$618$442$313
28 years$1,496$1,099$794$566$399$278
29 years$1,428$1,037$739$519$360$247
30 years$1,366$979$689$476$325$220
31 years$1,307$926$642$438$294$196
32 years$1,253$876$599$402$266$174
33 years$1,202$829$559$370$241$155
34 years$1,154$786$522$340$218$138
35 years$1,108$746$488$313$197$123
36 years$1,066$708$457$288$179$110
37 years$1,025$672$428$266$162$98
38 years$987$639$401$245$147$87
39 years$951$607$375$226$133$78
40 years$917$578$352$208$121$69
41 years$885$550$330$192$110$62
42 years$854$524$309$177$100$55
43 years$825$499$290$164$90$49
44 years$797$476$273$151$82$44
45 years$771$454$256$140$74$39
46 years$745$433$240$129$68$35
47 years$721$413$226$119$61$31
48 years$698$394$212$110$56$28
49 years$676$377$199$102$51$25
50 years$655$360$187$94$46$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $671,000, adding $2,018 every year, while hoping to spend $48,327 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: 36/38/26 Blend
34$671,000$671,000$671,000$671,000
35$741,524$705,961$695,560$762,358
36$765,739$689,133$667,442$761,128
37$790,806$669,861$636,762$755,250
38$816,758$647,975$603,383$747,959
39$843,634$623,292$567,163$739,160
40$871,473$595,622$527,952$728,752
41$900,319$564,763$485,594$716,630
42$930,215$530,500$439,925$702,682
43$961,210$492,608$390,776$686,792
44$993,354$450,846$337,967$668,836
45$1,026,701$404,962$281,314$648,684
46$1,061,308$354,689$220,621$626,202
47$1,097,236$299,743$155,687$601,246
48$1,134,551$239,827$86,299$573,667
49$1,173,321$174,625$12,236$543,306
50$1,213,623$103,804$0$510,000
51$1,255,534$27,013$0$492,106
52$1,299,142$0$0$475,740
53$1,344,536$0$0$480,848
54$1,391,818$0$0$497,950
55$1,441,091$0$0$515,790
56$1,492,470$0$0$534,412
57$1,546,078$0$0$553,862
58$1,602,047$0$0$574,192
59$1,660,521$0$0$595,457
60$1,721,653$0$0$617,715
61$1,785,612$0$0$641,032
62$1,852,577$0$0$665,476
63$1,922,745$0$0$691,125
64$1,996,329$0$0$718,059
65$2,073,557$0$0$746,369
66$2,154,682$0$0$776,151
67$2,239,974$0$0$807,510
68$2,329,730$0$0$840,563
69$2,424,271$0$0$875,433
70$2,523,948$0$0$912,258
71$2,629,143$0$0$951,186
72$2,740,272$0$0$992,379
73$2,857,789$0$0$1,036,016
74$2,982,190$0$0$1,082,290
75$3,114,017$0$0$1,131,413
76$3,253,861$0$0$1,183,617
77$3,402,368$0$0$1,239,154
78$3,560,247$0$0$1,298,303
79$3,728,270$0$0$1,361,367
80$3,907,286$0$0$1,428,678
81$4,098,221$0$0$1,500,601
82$4,302,093$0$0$1,577,535
83$4,520,013$0$0$1,659,919
84$4,753,203$0$0$1,748,233
85$5,003,001$0$0$1,843,003
86$5,270,875$0$0$1,944,807
87$5,558,436$0$0$2,054,281
88$5,867,451$0$0$2,172,121
89$6,199,859$0$0$2,299,093
90$6,557,793$0$0$2,436,036
91$6,943,590$0$0$2,583,874
92$7,359,821$0$0$2,743,621
93$7,809,309$0$0$2,916,393
94$8,295,157$0$0$3,103,415
95$8,820,774$0$0$3,306,033
96$9,389,909$0$0$3,525,730
97$10,006,682$0$0$3,764,134
98$10,675,624$0$0$4,023,037
99$11,401,719$0$0$4,304,409
100$12,190,447$0$0$4,610,418