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%16.9%
1 years$55,493$54,999$54,517$54,046$53,586$52,080
2 years$27,472$26,960$26,464$25,984$25,517$24,011
3 years$18,133$17,619$17,124$16,648$16,189$14,730
4 years$13,464$12,952$12,462$11,994$11,546$10,146
5 years$10,663$10,154$9,671$9,212$8,777$7,439
6 years$8,797$8,292$7,816$7,367$6,945$5,671
7 years$7,464$6,963$6,495$6,057$5,648$4,438
8 years$6,465$5,969$5,508$5,081$4,686$3,538
9 years$5,689$5,197$4,744$4,328$3,946$2,860
10 years$5,068$4,581$4,136$3,731$3,362$2,337
11 years$4,560$4,078$3,641$3,247$2,892$1,925
12 years$4,138$3,660$3,232$2,848$2,506$1,597
13 years$3,780$3,308$2,887$2,514$2,185$1,331
14 years$3,474$3,007$2,594$2,232$1,916$1,114
15 years$3,209$2,747$2,342$1,990$1,687$936
16 years$2,977$2,520$2,124$1,782$1,491$788
17 years$2,773$2,321$1,932$1,601$1,322$666
18 years$2,592$2,145$1,764$1,443$1,175$563
19 years$2,430$1,988$1,615$1,304$1,047$478
20 years$2,284$1,847$1,482$1,181$936$405
21 years$2,152$1,720$1,363$1,072$837$344
22 years$2,033$1,606$1,256$975$750$293
23 years$1,924$1,502$1,160$888$674$249
24 years$1,824$1,407$1,073$809$606$213
25 years$1,733$1,321$994$739$545$181
26 years$1,648$1,241$922$676$491$155
27 years$1,570$1,168$856$619$442$132
28 years$1,498$1,101$796$567$399$113
29 years$1,431$1,038$740$520$361$96
30 years$1,368$981$690$477$326$82
31 years$1,309$927$643$438$295$70
32 years$1,255$877$600$403$266$60
33 years$1,203$831$560$370$241$51
34 years$1,155$787$523$341$218$44
35 years$1,110$747$489$314$198$37
36 years$1,067$709$458$289$179$32
37 years$1,027$673$428$266$162$27
38 years$989$640$401$245$147$23
39 years$953$608$376$226$133$20
40 years$919$579$352$209$121$17
41 years$886$551$330$192$110$15
42 years$856$525$310$178$100$13
43 years$826$500$291$164$90$11
44 years$798$477$273$151$82$9
45 years$772$454$256$140$75$8
46 years$747$434$241$129$68$7
47 years$722$414$226$119$61$6
48 years$699$395$212$110$56$5
49 years$677$377$200$102$51$4
50 years$656$360$188$94$46$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $672,000, adding $3,730 every year, while hoping to spend $30,795 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: 66/21/13 Blend
34$672,000$672,000$672,000$672,000
35$744,391$708,775$698,359$791,060
36$787,554$710,740$688,989$824,627
37$834,087$711,768$678,272$857,343
38$884,301$711,783$666,132$892,324
39$938,539$710,699$652,487$929,791
40$997,177$708,430$637,252$969,985
41$1,060,627$704,882$620,338$1,013,175
42$1,129,344$699,954$601,652$1,059,657
43$1,203,827$693,541$581,098$1,109,758
44$1,284,625$685,532$558,572$1,163,838
45$1,372,341$675,808$533,969$1,222,297
46$1,467,640$664,243$507,177$1,285,574
47$1,571,252$650,704$478,080$1,354,157
48$1,683,981$635,049$446,557$1,428,582
49$1,806,711$617,130$412,480$1,509,442
50$1,940,414$596,789$375,717$1,597,394
51$2,086,162$573,857$336,129$1,693,159
52$2,245,132$548,158$293,572$1,797,537
53$2,418,623$519,505$247,893$1,911,410
54$2,608,061$487,699$198,936$2,035,751
55$2,815,017$452,530$146,535$2,171,635
56$3,041,223$413,778$90,517$2,320,249
57$3,288,582$371,208$30,704$2,482,902
58$3,559,193$324,572$0$2,661,040
59$3,855,364$273,609$0$2,860,853
60$4,179,638$218,043$0$3,084,353
61$4,534,815$157,581$0$3,329,248
62$4,923,979$91,916$0$3,597,712
63$5,350,526$20,721$0$3,892,144
64$5,818,197$0$0$4,215,188
65$6,331,110$0$0$4,582,781
66$6,893,804$0$0$4,991,347
67$7,511,275$0$0$5,439,733
68$8,189,029$0$0$5,931,940
69$8,933,129$0$0$6,472,380
70$9,750,255$0$0$7,065,909
71$10,647,765$0$0$7,717,878
72$11,633,766$0$0$8,434,183
73$12,717,186$0$0$9,221,316
74$13,907,863$0$0$10,086,433
75$15,216,636$0$0$11,037,415
76$16,655,444$0$0$12,082,946
77$18,237,441$0$0$13,232,591
78$19,977,121$0$0$14,496,892
79$21,890,452$0$0$15,887,460
80$23,995,026$0$0$17,417,091
81$26,310,227$0$0$19,099,881
82$28,857,410$0$0$20,951,362
83$31,660,108$0$0$22,988,648
84$34,744,248$0$0$25,230,595
85$38,138,396$0$0$27,697,980
86$41,874,029$0$0$30,413,695
87$45,985,831$0$0$33,402,963
88$50,512,017$0$0$36,693,581
89$55,494,697$0$0$40,316,171
90$60,980,269$0$0$44,304,481
91$67,019,861$0$0$48,695,695
92$73,669,808$0$0$53,530,785
93$80,992,189$0$0$58,854,901
94$89,055,407$0$0$64,717,792
95$97,934,836$0$0$71,174,277
96$107,713,534$0$0$78,284,766
97$118,483,023$0$0$86,115,821
98$130,344,156$0$0$94,740,794
99$143,408,063$0$0$104,240,510
100$157,797,207$0$0$114,704,036