Can I retire at age 35 with 672,000?

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 $672,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$55,493$54,999$54,517$54,046$53,586$52,483
2 years$27,472$26,960$26,464$25,984$25,517$24,411
3 years$18,133$17,619$17,124$16,648$16,189$15,114
4 years$13,464$12,952$12,462$11,994$11,546$10,510
5 years$10,663$10,154$9,671$9,212$8,777$7,784
6 years$8,797$8,292$7,816$7,367$6,945$5,995
7 years$7,464$6,963$6,495$6,057$5,648$4,742
8 years$6,465$5,969$5,508$5,081$4,686$3,823
9 years$5,689$5,197$4,744$4,328$3,946$3,127
10 years$5,068$4,581$4,136$3,731$3,362$2,585
11 years$4,560$4,078$3,641$3,247$2,892$2,155
12 years$4,138$3,660$3,232$2,848$2,506$1,810
13 years$3,780$3,308$2,887$2,514$2,185$1,528
14 years$3,474$3,007$2,594$2,232$1,916$1,296
15 years$3,209$2,747$2,342$1,990$1,687$1,103
16 years$2,977$2,520$2,124$1,782$1,491$942
17 years$2,773$2,321$1,932$1,601$1,322$806
18 years$2,592$2,145$1,764$1,443$1,175$692
19 years$2,430$1,988$1,615$1,304$1,047$595
20 years$2,284$1,847$1,482$1,181$936$512
21 years$2,152$1,720$1,363$1,072$837$442
22 years$2,033$1,606$1,256$975$750$381
23 years$1,924$1,502$1,160$888$674$330
24 years$1,824$1,407$1,073$809$606$285
25 years$1,733$1,321$994$739$545$247
26 years$1,648$1,241$922$676$491$214
27 years$1,570$1,168$856$619$442$185
28 years$1,498$1,101$796$567$399$160
29 years$1,431$1,038$740$520$361$139
30 years$1,368$981$690$477$326$121
31 years$1,309$927$643$438$295$105
32 years$1,255$877$600$403$266$91
33 years$1,203$831$560$370$241$79
34 years$1,155$787$523$341$218$69
35 years$1,110$747$489$314$198$60
36 years$1,067$709$458$289$179$52
37 years$1,027$673$428$266$162$45
38 years$989$640$401$245$147$39
39 years$953$608$376$226$133$34
40 years$919$579$352$209$121$29
41 years$886$551$330$192$110$26
42 years$856$525$310$178$100$22
43 years$826$500$291$164$90$19
44 years$798$477$273$151$82$17
45 years$772$454$256$140$75$15
46 years$747$434$241$129$68$13
47 years$722$414$226$119$61$11
48 years$699$395$212$110$56$10
49 years$677$377$200$102$51$8
50 years$656$360$188$94$46$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $672,000, adding $3,150 every year, while hoping to spend $31,926 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: 70/19/11 Blend
34$672,000$672,000$672,000$672,000
35$743,793$708,177$697,761$793,960
36$785,691$708,909$687,167$828,362
37$830,793$708,606$675,148$861,817
38$879,391$707,185$661,623$897,578
39$931,807$704,556$646,506$935,866
40$988,396$700,624$629,708$976,924
41$1,049,545$695,287$611,137$1,021,022
42$1,115,682$688,440$590,693$1,068,457
43$1,187,277$679,968$568,276$1,119,556
44$1,264,844$669,752$543,779$1,174,683
45$1,348,952$657,663$517,089$1,234,236
46$1,440,224$643,568$488,091$1,298,657
47$1,539,348$627,323$456,662$1,368,432
48$1,647,076$608,777$422,675$1,444,101
49$1,764,240$587,770$385,997$1,526,256
50$1,891,754$564,132$346,490$1,615,553
51$2,030,623$537,684$304,006$1,712,714
52$2,181,952$508,236$258,396$1,818,539
53$2,346,959$475,588$209,501$1,933,908
54$2,526,984$439,526$157,154$2,059,794
55$2,723,501$399,828$101,184$2,197,270
56$2,938,135$356,256$41,410$2,347,521
57$3,172,671$308,560$0$2,511,855
58$3,429,078$256,473$0$2,694,340
59$3,709,521$199,718$0$2,899,300
60$4,016,386$137,998$0$3,123,650
61$4,352,299$71,001$0$3,369,354
62$4,720,151$0$0$3,638,577
63$5,123,128$0$0$3,934,040
64$5,564,736$0$0$4,274,132
65$6,048,838$0$0$4,646,985
66$6,579,688$0$0$5,055,882
67$7,161,972$0$0$5,504,436
68$7,800,851$0$0$5,996,627
69$8,502,008$0$0$6,536,839
70$9,271,705$0$0$7,129,903
71$10,116,841$0$0$7,781,139
72$11,045,011$0$0$8,496,405
73$12,064,588$0$0$9,282,159
74$13,184,790$0$0$10,145,513
75$14,415,775$0$0$11,094,300
76$15,768,734$0$0$12,137,153
77$17,255,996$0$0$13,283,580
78$18,891,142$0$0$14,544,060
79$20,689,136$0$0$15,930,133
80$22,666,465$0$0$17,454,516
81$24,841,294$0$0$19,131,222
82$27,233,635$0$0$20,975,686
83$29,865,538$0$0$23,004,917
84$32,761,299$0$0$25,237,656
85$35,947,686$0$0$27,694,551
86$39,454,193$0$0$30,398,353
87$43,313,320$0$0$33,374,130
88$47,560,873$0$0$36,649,503
89$52,236,309$0$0$40,254,907
90$57,383,103$0$0$44,223,878
91$63,049,158$0$0$48,593,367
92$69,287,260$0$0$53,404,092
93$76,155,571$0$0$58,700,919
94$83,718,182$0$0$64,533,284
95$92,045,714$0$0$70,955,664
96$101,215,985$0$0$78,028,086
97$111,314,744$0$0$85,816,696
98$122,436,480$0$0$94,394,382
99$134,685,314$0$0$103,841,459
100$148,175,979$0$0$114,246,432