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%19.5%
1 years$55,576$55,081$54,598$54,126$53,666$51,618
2 years$27,513$27,000$26,504$26,022$25,555$23,516
3 years$18,160$17,645$17,150$16,673$16,213$14,247
4 years$13,484$12,971$12,481$12,012$11,563$9,685
5 years$10,679$10,169$9,685$9,226$8,790$7,005
6 years$8,810$8,304$7,827$7,378$6,956$5,264
7 years$7,476$6,974$6,504$6,066$5,657$4,059
8 years$6,475$5,978$5,516$5,089$4,693$3,187
9 years$5,697$5,205$4,751$4,334$3,952$2,536
10 years$5,076$4,588$4,142$3,736$3,367$2,038
11 years$4,567$4,084$3,647$3,252$2,896$1,651
12 years$4,144$3,666$3,236$2,852$2,510$1,346
13 years$3,786$3,313$2,891$2,518$2,188$1,102
14 years$3,479$3,011$2,598$2,235$1,918$906
15 years$3,214$2,751$2,346$1,993$1,689$747
16 years$2,982$2,524$2,127$1,785$1,493$618
17 years$2,777$2,324$1,935$1,604$1,324$512
18 years$2,596$2,148$1,767$1,445$1,177$425
19 years$2,433$1,991$1,617$1,306$1,049$353
20 years$2,287$1,850$1,484$1,183$937$294
21 years$2,155$1,723$1,365$1,073$838$245
22 years$2,036$1,608$1,258$976$752$204
23 years$1,927$1,504$1,162$889$675$170
24 years$1,827$1,409$1,074$811$606$142
25 years$1,735$1,323$995$740$546$119
26 years$1,651$1,243$923$677$492$99
27 years$1,572$1,170$857$620$443$83
28 years$1,500$1,102$797$568$400$69
29 years$1,433$1,040$741$521$361$58
30 years$1,370$982$691$478$326$48
31 years$1,311$928$644$439$295$40
32 years$1,257$878$601$403$267$34
33 years$1,205$832$561$371$241$28
34 years$1,157$788$524$341$219$24
35 years$1,112$748$490$314$198$20
36 years$1,069$710$458$289$179$17
37 years$1,029$674$429$267$163$14
38 years$990$641$402$246$147$12
39 years$954$609$376$227$134$10
40 years$920$580$353$209$121$8
41 years$888$552$331$193$110$7
42 years$857$525$310$178$100$6
43 years$828$501$291$164$91$5
44 years$800$477$273$152$82$4
45 years$773$455$257$140$75$3
46 years$748$434$241$129$68$3
47 years$723$414$226$120$62$2
48 years$700$396$213$110$56$2
49 years$678$378$200$102$51$2
50 years$657$361$188$94$46$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $673,000, adding $3,055 every year, while hoping to spend $43,036 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: 65/9/26 Blend
34$673,000$673,000$673,000$673,000
35$744,797$709,128$698,697$787,944
36$774,977$698,086$676,313$806,391
37$806,792$685,059$651,737$821,461
38$840,364$669,907$624,850$836,972
39$875,827$652,478$595,528$852,971
40$913,323$632,611$563,640$869,511
41$953,011$610,138$529,051$886,653
42$995,063$584,880$491,619$904,466
43$1,039,667$556,647$451,196$923,026
44$1,087,029$525,238$407,627$942,421
45$1,137,373$490,441$360,749$962,747
46$1,190,945$452,033$310,394$984,115
47$1,248,014$409,776$256,385$1,006,648
48$1,308,876$363,419$198,539$1,030,484
49$1,373,853$312,698$136,661$1,055,778
50$1,443,299$257,333$70,553$1,082,702
51$1,517,602$197,029$2$1,111,451
52$1,597,187$131,473$0$1,142,241
53$1,682,520$60,336$0$1,196,201
54$1,774,114$0$0$1,254,071
55$1,872,530$0$0$1,317,875
56$1,978,383$0$0$1,392,961
57$2,092,352$0$0$1,473,836
58$2,215,179$0$0$1,561,032
59$2,347,681$0$0$1,655,133
60$2,490,755$0$0$1,756,782
61$2,645,386$0$0$1,866,682
62$2,812,657$0$0$1,985,610
63$2,993,759$0$0$2,114,417
64$3,190,001$0$0$2,254,040
65$3,402,823$0$0$2,405,509
66$3,633,807$0$0$2,569,957
67$3,884,694$0$0$2,748,630
68$4,157,399$0$0$2,942,898
69$4,454,028$0$0$3,154,270
70$4,776,900$0$0$3,384,404
71$5,128,564$0$0$3,635,127
72$5,511,828$0$0$3,908,447
73$5,929,779$0$0$4,206,576
74$6,385,817$0$0$4,531,946
75$6,883,684$0$0$4,887,239
76$7,427,498$0$0$5,275,401
77$8,021,795$0$0$5,699,681
78$8,671,565$0$0$6,163,652
79$9,382,305$0$0$6,671,250
80$10,160,068$0$0$7,226,809
81$11,011,517$0$0$7,835,100
82$11,943,990$0$0$8,501,378
83$12,965,568$0$0$9,231,430
84$14,085,150$0$0$10,031,629
85$15,312,539$0$0$10,908,994
86$16,658,528$0$0$11,871,255
87$18,135,007$0$0$12,926,928
88$19,755,073$0$0$14,085,392
89$21,533,150$0$0$15,356,975
90$23,485,127$0$0$16,753,059
91$25,628,507$0$0$18,286,178
92$27,982,570$0$0$19,970,140
93$30,568,556$0$0$21,820,158
94$33,409,864$0$0$23,852,990
95$36,532,269$0$0$26,087,096
96$39,964,170$0$0$28,542,816
97$43,736,851$0$0$31,242,557
98$47,884,780$0$0$34,211,005
99$52,445,932$0$0$37,475,358
100$57,462,143$0$0$41,065,583