Can I retire at age 35 with 674,000?

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 $674,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$55,658$55,163$54,679$54,207$53,746$53,474
2 years$27,554$27,040$26,543$26,061$25,593$25,319
3 years$18,187$17,671$17,175$16,697$16,237$15,969
4 years$13,504$12,990$12,499$12,030$11,581$11,321
5 years$10,695$10,184$9,700$9,240$8,803$8,552
6 years$8,823$8,316$7,839$7,389$6,966$6,724
7 years$7,487$6,984$6,514$6,075$5,665$5,432
8 years$6,485$5,987$5,525$5,096$4,700$4,476
9 years$5,706$5,212$4,758$4,341$3,958$3,744
10 years$5,083$4,595$4,148$3,742$3,372$3,167
11 years$4,574$4,090$3,652$3,257$2,900$2,704
12 years$4,150$3,671$3,241$2,856$2,513$2,326
13 years$3,791$3,318$2,896$2,522$2,192$2,013
14 years$3,484$3,016$2,602$2,239$1,921$1,751
15 years$3,218$2,755$2,349$1,996$1,692$1,530
16 years$2,986$2,528$2,130$1,788$1,495$1,341
17 years$2,781$2,328$1,938$1,606$1,326$1,179
18 years$2,599$2,151$1,769$1,447$1,179$1,040
19 years$2,437$1,993$1,620$1,308$1,051$919
20 years$2,291$1,852$1,486$1,185$938$814
21 years$2,159$1,725$1,367$1,075$840$722
22 years$2,039$1,611$1,260$977$753$642
23 years$1,930$1,506$1,163$890$676$571
24 years$1,830$1,411$1,076$812$607$508
25 years$1,738$1,325$997$741$546$453
26 years$1,653$1,245$924$678$492$405
27 years$1,575$1,172$858$621$444$361
28 years$1,502$1,104$798$569$400$323
29 years$1,435$1,041$743$521$362$289
30 years$1,372$984$692$479$327$259
31 years$1,313$930$645$439$295$232
32 years$1,258$880$602$404$267$207
33 years$1,207$833$562$371$242$186
34 years$1,159$790$525$342$219$167
35 years$1,113$749$491$315$198$149
36 years$1,070$711$459$290$180$134
37 years$1,030$675$430$267$163$120
38 years$992$642$402$246$148$108
39 years$956$610$377$227$134$97
40 years$921$581$353$209$121$87
41 years$889$553$331$193$110$78
42 years$858$526$311$178$100$70
43 years$829$501$292$164$91$63
44 years$801$478$274$152$82$57
45 years$774$456$257$140$75$51
46 years$749$435$241$130$68$46
47 years$725$415$227$120$62$41
48 years$701$396$213$111$56$37
49 years$679$378$200$102$51$33
50 years$658$361$188$94$46$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $674,000, adding $3,405 every year, while hoping to spend $37,831 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: 56/36/8 Blend
34$674,000$674,000$674,000$674,000
35$746,260$710,538$700,091$786,471
36$782,127$705,103$683,292$808,553
37$820,384$698,133$664,663$828,088
38$861,236$689,514$644,101$848,445
39$904,905$679,123$621,502$869,706
40$951,637$666,832$596,754$891,965
41$1,001,700$652,503$569,742$915,326
42$1,055,389$635,991$540,343$939,908
43$1,113,027$617,143$508,433$965,839
44$1,174,969$595,796$473,879$993,268
45$1,241,604$571,778$436,542$1,022,359
46$1,313,359$544,907$396,278$1,053,294
47$1,390,704$514,990$352,936$1,086,278
48$1,474,156$481,824$306,359$1,121,539
49$1,564,279$445,194$256,382$1,159,334
50$1,661,698$404,870$202,833$1,199,945
51$1,767,096$360,614$145,533$1,243,689
52$1,881,226$312,170$84,294$1,290,919
53$2,004,914$259,270$18,921$1,342,029
54$2,139,071$201,629$0$1,397,455
55$2,284,695$138,948$0$1,462,023
56$2,442,888$70,910$0$1,533,941
57$2,614,858$0$0$1,612,212
58$2,801,938$0$0$1,698,641
59$3,005,591$0$0$1,823,359
60$3,227,429$0$0$1,959,269
61$3,469,226$0$0$2,107,465
62$3,732,933$0$0$2,269,149
63$4,020,698$0$0$2,445,647
64$4,334,885$0$0$2,638,417
65$4,678,099$0$0$2,849,064
66$5,053,203$0$0$3,079,355
67$5,463,353$0$0$3,331,236
68$5,912,022$0$0$3,606,849
69$6,403,035$0$0$3,908,553
70$6,940,602$0$0$4,238,946
71$7,529,362$0$0$4,600,887
72$8,174,421$0$0$4,997,529
73$8,881,403$0$0$5,432,339
74$9,656,504$0$0$5,909,140
75$10,506,544$0$0$6,432,139
76$11,439,038$0$0$7,005,973
77$12,462,263$0$0$7,635,747
78$13,585,335$0$0$8,327,085
79$14,818,295$0$0$9,086,184
80$16,172,206$0$0$9,919,867
81$17,659,253$0$0$10,835,653
82$19,292,859$0$0$11,841,824
83$21,087,813$0$0$12,947,504
84$23,060,405$0$0$14,162,745
85$25,228,583$0$0$15,498,620
86$27,612,120$0$0$16,967,329
87$30,232,799$0$0$18,582,313
88$33,114,621$0$0$20,358,383
89$36,284,029$0$0$22,311,852
90$39,770,155$0$0$24,460,698
91$43,605,098$0$0$26,824,727
92$47,824,225$0$0$29,425,762
93$52,466,502$0$0$32,287,847
94$57,574,864$0$0$35,437,475
95$63,196,617$0$0$38,903,838
96$69,383,886$0$0$42,719,100
97$76,194,105$0$0$46,918,701
98$83,690,558$0$0$51,541,693
99$91,942,975$0$0$56,631,104
100$101,028,193$0$0$62,234,348