Can I retire at age 35 with 673,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%17.3%
1 years$55,576$55,081$54,598$54,126$53,666$52,073
2 years$27,513$27,000$26,504$26,022$25,555$23,964
3 years$18,160$17,645$17,150$16,673$16,213$14,673
4 years$13,484$12,971$12,481$12,012$11,563$10,086
5 years$10,679$10,169$9,685$9,226$8,790$7,380
6 years$8,810$8,304$7,827$7,378$6,956$5,613
7 years$7,476$6,974$6,504$6,066$5,657$4,383
8 years$6,475$5,978$5,516$5,089$4,693$3,486
9 years$5,697$5,205$4,751$4,334$3,952$2,812
10 years$5,076$4,588$4,142$3,736$3,367$2,291
11 years$4,567$4,084$3,647$3,252$2,896$1,883
12 years$4,144$3,666$3,236$2,852$2,510$1,557
13 years$3,786$3,313$2,891$2,518$2,188$1,294
14 years$3,479$3,011$2,598$2,235$1,918$1,081
15 years$3,214$2,751$2,346$1,993$1,689$905
16 years$2,982$2,524$2,127$1,785$1,493$760
17 years$2,777$2,324$1,935$1,604$1,324$640
18 years$2,596$2,148$1,767$1,445$1,177$540
19 years$2,433$1,991$1,617$1,306$1,049$457
20 years$2,287$1,850$1,484$1,183$937$386
21 years$2,155$1,723$1,365$1,073$838$327
22 years$2,036$1,608$1,258$976$752$278
23 years$1,927$1,504$1,162$889$675$236
24 years$1,827$1,409$1,074$811$606$200
25 years$1,735$1,323$995$740$546$170
26 years$1,651$1,243$923$677$492$144
27 years$1,572$1,170$857$620$443$123
28 years$1,500$1,102$797$568$400$105
29 years$1,433$1,040$741$521$361$89
30 years$1,370$982$691$478$326$76
31 years$1,311$928$644$439$295$64
32 years$1,257$878$601$403$267$55
33 years$1,205$832$561$371$241$47
34 years$1,157$788$524$341$219$40
35 years$1,112$748$490$314$198$34
36 years$1,069$710$458$289$179$29
37 years$1,029$674$429$267$163$25
38 years$990$641$402$246$147$21
39 years$954$609$376$227$134$18
40 years$920$580$353$209$121$15
41 years$888$552$331$193$110$13
42 years$857$525$310$178$100$11
43 years$828$501$291$164$91$9
44 years$800$477$273$152$82$8
45 years$773$455$257$140$75$7
46 years$748$434$241$129$68$6
47 years$723$414$226$120$62$5
48 years$700$396$213$110$56$4
49 years$678$378$200$102$51$4
50 years$657$361$188$94$46$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $673,000, adding $3,404 every year, while hoping to spend $46,979 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: 47/29/24 Blend
34$673,000$673,000$673,000$673,000
35$745,157$709,488$699,057$774,928
36$771,178$694,268$672,490$780,940
37$798,278$676,727$643,458$782,550
38$826,519$656,703$611,830$783,354
39$855,964$634,022$577,467$783,300
40$886,685$608,502$540,225$782,331
41$918,757$579,949$499,953$780,393
42$952,262$548,158$456,493$777,424
43$987,288$512,912$409,680$773,365
44$1,023,930$473,984$359,343$768,153
45$1,062,292$431,129$305,302$761,722
46$1,102,485$384,094$247,369$754,008
47$1,144,630$332,607$185,348$744,941
48$1,188,860$276,382$119,034$734,452
49$1,235,317$215,118$48,215$722,471
50$1,284,155$148,495$0$708,926
51$1,335,545$76,177$0$700,750
52$1,389,670$0$0$704,497
53$1,446,728$0$0$708,494
54$1,506,940$0$0$738,394
55$1,570,541$0$0$770,009
56$1,637,791$0$0$803,472
57$1,708,972$0$0$838,929
58$1,784,394$0$0$876,537
59$1,864,395$0$0$916,471
60$1,949,341$0$0$958,919
61$2,039,639$0$0$1,004,090
62$2,135,727$0$0$1,052,210
63$2,238,090$0$0$1,103,527
64$2,347,256$0$0$1,158,315
65$2,463,805$0$0$1,216,872
66$2,588,372$0$0$1,279,524
67$2,721,651$0$0$1,346,631
68$2,864,408$0$0$1,418,585
69$3,017,478$0$0$1,495,818
70$3,181,779$0$0$1,578,804
71$3,358,319$0$0$1,668,062
72$3,548,204$0$0$1,764,164
73$3,752,649$0$0$1,867,736
74$3,972,986$0$0$1,979,466
75$4,210,682$0$0$2,100,112
76$4,467,344$0$0$2,230,503
77$4,744,742$0$0$2,371,555
78$5,044,820$0$0$2,524,270
79$5,369,712$0$0$2,689,752
80$5,721,769$0$0$2,869,216
81$6,103,572$0$0$3,063,996
82$6,517,963$0$0$3,275,561
83$6,968,063$0$0$3,505,525
84$7,457,310$0$0$3,755,665
85$7,989,483$0$0$4,027,935
86$8,568,740$0$0$4,324,486
87$9,199,658$0$0$4,647,685
88$9,887,273$0$0$5,000,137
89$10,637,125$0$0$5,384,708
90$11,455,315$0$0$5,804,554
91$12,348,556$0$0$6,263,148
92$13,324,239$0$0$6,764,314
93$14,390,499$0$0$7,312,262
94$15,556,295$0$0$7,911,628
95$16,831,488$0$0$8,567,515
96$18,226,936$0$0$9,285,543
97$19,754,598$0$0$10,071,900
98$21,427,638$0$0$10,933,401
99$23,260,559$0$0$11,877,552
100$25,269,327$0$0$12,912,618