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%13.8%
1 years$55,493$54,999$54,517$54,046$53,586$52,742
2 years$27,472$26,960$26,464$25,984$25,517$24,669
3 years$18,133$17,619$17,124$16,648$16,189$15,363
4 years$13,464$12,952$12,462$11,994$11,546$10,749
5 years$10,663$10,154$9,671$9,212$8,777$8,011
6 years$8,797$8,292$7,816$7,367$6,945$6,210
7 years$7,464$6,963$6,495$6,057$5,648$4,946
8 years$6,465$5,969$5,508$5,081$4,686$4,015
9 years$5,689$5,197$4,744$4,328$3,946$3,307
10 years$5,068$4,581$4,136$3,731$3,362$2,754
11 years$4,560$4,078$3,641$3,247$2,892$2,314
12 years$4,138$3,660$3,232$2,848$2,506$1,958
13 years$3,780$3,308$2,887$2,514$2,185$1,666
14 years$3,474$3,007$2,594$2,232$1,916$1,425
15 years$3,209$2,747$2,342$1,990$1,687$1,223
16 years$2,977$2,520$2,124$1,782$1,491$1,053
17 years$2,773$2,321$1,932$1,601$1,322$909
18 years$2,592$2,145$1,764$1,443$1,175$787
19 years$2,430$1,988$1,615$1,304$1,047$683
20 years$2,284$1,847$1,482$1,181$936$593
21 years$2,152$1,720$1,363$1,072$837$516
22 years$2,033$1,606$1,256$975$750$450
23 years$1,924$1,502$1,160$888$674$392
24 years$1,824$1,407$1,073$809$606$342
25 years$1,733$1,321$994$739$545$299
26 years$1,648$1,241$922$676$491$262
27 years$1,570$1,168$856$619$442$229
28 years$1,498$1,101$796$567$399$200
29 years$1,431$1,038$740$520$361$175
30 years$1,368$981$690$477$326$154
31 years$1,309$927$643$438$295$135
32 years$1,255$877$600$403$266$118
33 years$1,203$831$560$370$241$104
34 years$1,155$787$523$341$218$91
35 years$1,110$747$489$314$198$80
36 years$1,067$709$458$289$179$70
37 years$1,027$673$428$266$162$61
38 years$989$640$401$245$147$54
39 years$953$608$376$226$133$47
40 years$919$579$352$209$121$42
41 years$886$551$330$192$110$37
42 years$856$525$310$178$100$32
43 years$826$500$291$164$90$28
44 years$798$477$273$151$82$25
45 years$772$454$256$140$75$22
46 years$747$434$241$129$68$19
47 years$722$414$226$119$61$17
48 years$699$395$212$110$56$15
49 years$677$377$200$102$51$13
50 years$656$360$188$94$46$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $672,000, adding $2,807 every year, while hoping to spend $33,456 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: 33/37/30 Blend
34$672,000$672,000$672,000$672,000
35$743,439$707,823$697,407$761,139
36$783,673$706,910$685,174$774,003
37$826,890$704,830$671,409$784,713
38$873,358$701,492$656,026$795,618
39$923,372$696,797$638,935$806,759
40$977,258$690,642$620,041$818,184
41$1,035,370$682,915$599,244$829,949
42$1,098,100$673,501$576,442$842,118
43$1,165,879$662,274$551,524$854,767
44$1,239,177$649,105$524,379$867,981
45$1,318,515$633,852$494,888$881,858
46$1,404,463$616,371$462,926$896,511
47$1,497,649$596,503$428,364$912,066
48$1,598,762$574,085$391,068$928,670
49$1,708,562$548,942$350,895$946,486
50$1,827,884$520,888$307,698$965,700
51$1,957,645$489,729$261,323$986,524
52$2,098,856$455,257$211,609$1,009,194
53$2,252,630$417,255$158,388$1,033,978
54$2,420,188$375,490$101,484$1,061,177
55$2,602,878$329,720$40,715$1,091,129
56$2,802,181$279,686$0$1,124,213
57$3,019,728$225,115$0$1,168,581
58$3,257,313$165,719$0$1,231,394
59$3,516,914$101,194$0$1,300,206
60$3,800,707$31,219$0$1,375,683
61$4,111,085$0$0$1,458,563
62$4,450,687$0$0$1,567,803
63$4,822,418$0$0$1,701,388
64$5,229,474$0$0$1,847,770
65$5,675,378$0$0$2,008,227
66$6,164,008$0$0$2,184,168
67$6,699,635$0$0$2,377,145
68$7,286,963$0$0$2,588,866
69$7,931,173$0$0$2,821,215
70$8,637,973$0$0$3,076,264
71$9,413,647$0$0$3,356,297
72$10,265,120$0$0$3,663,832
73$11,200,019$0$0$4,001,638
74$12,226,745$0$0$4,372,769
75$13,354,553$0$0$4,780,589
76$14,593,639$0$0$5,228,803
77$15,955,235$0$0$5,721,494
78$17,451,715$0$0$6,263,159
79$19,096,710$0$0$6,858,753
80$20,905,240$0$0$7,513,735
81$22,893,851$0$0$8,234,121
82$25,080,773$0$0$9,026,536
83$27,486,091$0$0$9,898,282
84$30,131,934$0$0$10,857,404
85$33,042,685$0$0$11,912,766
86$36,245,207$0$0$13,074,134
87$39,769,100$0$0$14,352,269
88$43,646,977$0$0$15,759,027
89$47,914,772$0$0$17,307,474
90$52,612,079$0$0$19,012,005
91$57,782,528$0$0$20,888,482
92$63,474,188$0$0$22,954,383
93$69,740,030$0$0$25,228,966
94$76,638,419$0$0$27,733,455
95$84,233,669$0$0$30,491,232
96$92,596,645$0$0$33,528,064
97$101,805,436$0$0$36,872,346
98$111,946,087$0$0$40,555,363
99$123,113,414$0$0$44,611,592
100$135,411,896$0$0$49,079,024