Can I retire at age 35 with 673,000?

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 $673,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$55,576$55,081$54,598$54,126$53,666$53,328
2 years$27,513$27,000$26,504$26,022$25,555$25,214
3 years$18,160$17,645$17,150$16,673$16,213$15,880
4 years$13,484$12,971$12,481$12,012$11,563$11,240
5 years$10,679$10,169$9,685$9,226$8,790$8,478
6 years$8,810$8,304$7,827$7,378$6,956$6,655
7 years$7,476$6,974$6,504$6,066$5,657$5,368
8 years$6,475$5,978$5,516$5,089$4,693$4,415
9 years$5,697$5,205$4,751$4,334$3,952$3,686
10 years$5,076$4,588$4,142$3,736$3,367$3,113
11 years$4,567$4,084$3,647$3,252$2,896$2,653
12 years$4,144$3,666$3,236$2,852$2,510$2,278
13 years$3,786$3,313$2,891$2,518$2,188$1,968
14 years$3,479$3,011$2,598$2,235$1,918$1,708
15 years$3,214$2,751$2,346$1,993$1,689$1,489
16 years$2,982$2,524$2,127$1,785$1,493$1,303
17 years$2,777$2,324$1,935$1,604$1,324$1,143
18 years$2,596$2,148$1,767$1,445$1,177$1,006
19 years$2,433$1,991$1,617$1,306$1,049$887
20 years$2,287$1,850$1,484$1,183$937$784
21 years$2,155$1,723$1,365$1,073$838$694
22 years$2,036$1,608$1,258$976$752$615
23 years$1,927$1,504$1,162$889$675$546
24 years$1,827$1,409$1,074$811$606$485
25 years$1,735$1,323$995$740$546$432
26 years$1,651$1,243$923$677$492$385
27 years$1,572$1,170$857$620$443$343
28 years$1,500$1,102$797$568$400$306
29 years$1,433$1,040$741$521$361$273
30 years$1,370$982$691$478$326$243
31 years$1,311$928$644$439$295$217
32 years$1,257$878$601$403$267$194
33 years$1,205$832$561$371$241$174
34 years$1,157$788$524$341$219$155
35 years$1,112$748$490$314$198$139
36 years$1,069$710$458$289$179$124
37 years$1,029$674$429$267$163$111
38 years$990$641$402$246$147$100
39 years$954$609$376$227$134$89
40 years$920$580$353$209$121$80
41 years$888$552$331$193$110$72
42 years$857$525$310$178$100$64
43 years$828$501$291$164$91$57
44 years$800$477$273$152$82$51
45 years$773$455$257$140$75$46
46 years$748$434$241$129$68$41
47 years$723$414$226$120$62$37
48 years$700$396$213$110$56$33
49 years$678$378$200$102$51$30
50 years$657$361$188$94$46$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $673,000, adding $6,930 every year, while hoping to spend $32,274 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: 25/49/26 Blend
34$673,000$673,000$673,000$673,000
35$748,794$713,125$702,694$761,251
36$790,832$713,729$691,895$772,656
37$836,076$713,281$679,652$781,664
38$884,819$711,695$665,884$790,643
39$937,383$708,880$650,503$799,611
40$994,121$704,741$633,420$808,594
41$1,055,422$699,174$614,541$817,619
42$1,121,713$692,071$593,765$826,722
43$1,193,462$683,317$570,991$835,945
44$1,271,186$672,790$546,110$845,340
45$1,355,451$660,361$519,009$854,965
46$1,446,881$645,893$489,570$864,890
47$1,546,163$629,241$457,670$875,197
48$1,654,049$610,252$423,180$885,979
49$1,771,371$588,763$385,965$897,347
50$1,899,040$564,602$345,884$909,425
51$2,038,062$537,587$302,791$922,358
52$2,189,542$507,526$256,532$936,309
53$2,354,696$474,216$206,947$951,466
54$2,534,863$437,440$153,868$968,043
55$2,731,516$396,973$97,120$986,282
56$2,946,279$352,572$36,521$1,006,456
57$3,180,936$303,985$0$1,028,878
58$3,437,453$250,942$0$1,061,704
59$3,717,995$193,159$0$1,108,843
60$4,024,945$130,338$0$1,160,652
61$4,360,926$62,162$0$1,217,692
62$4,728,829$0$0$1,280,588
63$5,131,835$0$0$1,356,343
64$5,573,449$0$0$1,476,197
65$6,057,530$0$0$1,607,694
66$6,588,328$0$0$1,752,002
67$7,170,525$0$0$1,910,410
68$7,809,277$0$0$2,084,337
69$8,510,263$0$0$2,275,344
70$9,279,740$0$0$2,485,154
71$10,124,599$0$0$2,715,663
72$11,052,430$0$0$2,968,960
73$12,071,596$0$0$3,247,347
74$13,191,310$0$0$3,553,360
75$14,421,719$0$0$3,889,791
76$15,774,005$0$0$4,259,718
77$17,260,483$0$0$4,666,534
78$18,894,724$0$0$5,113,972
79$20,691,679$0$0$5,606,150
80$22,667,819$0$0$6,147,603
81$24,841,290$0$0$6,743,327
82$27,232,089$0$0$7,398,827
83$29,862,244$0$0$8,120,171
84$32,756,028$0$0$8,914,042
85$35,940,185$0$0$9,787,805
86$39,444,181$0$0$10,749,574
87$43,300,486$0$0$11,808,291
88$47,544,872$0$0$12,973,808
89$52,216,760$0$0$14,256,982
90$57,359,584$0$0$15,669,774
91$63,021,201$0$0$17,225,367
92$69,254,349$0$0$18,938,285
93$76,117,134$0$0$20,824,531
94$83,673,587$0$0$22,901,744
95$91,994,263$0$0$25,189,354
96$101,156,905$0$0$27,708,778
97$111,247,182$0$0$30,483,611
98$122,359,494$0$0$33,539,855
99$134,597,863$0$0$36,906,165
100$148,076,913$0$0$40,614,114