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%13.3%
1 years$55,658$55,163$54,679$54,207$53,746$53,008
2 years$27,554$27,040$26,543$26,061$25,593$24,851
3 years$18,187$17,671$17,175$16,697$16,237$15,514
4 years$13,504$12,990$12,499$12,030$11,581$10,882
5 years$10,695$10,184$9,700$9,240$8,803$8,131
6 years$8,823$8,316$7,839$7,389$6,966$6,321
7 years$7,487$6,984$6,514$6,075$5,665$5,048
8 years$6,485$5,987$5,525$5,096$4,700$4,110
9 years$5,706$5,212$4,758$4,341$3,958$3,395
10 years$5,083$4,595$4,148$3,742$3,372$2,836
11 years$4,574$4,090$3,652$3,257$2,900$2,390
12 years$4,150$3,671$3,241$2,856$2,513$2,029
13 years$3,791$3,318$2,896$2,522$2,192$1,732
14 years$3,484$3,016$2,602$2,239$1,921$1,486
15 years$3,218$2,755$2,349$1,996$1,692$1,280
16 years$2,986$2,528$2,130$1,788$1,495$1,106
17 years$2,781$2,328$1,938$1,606$1,326$959
18 years$2,599$2,151$1,769$1,447$1,179$833
19 years$2,437$1,993$1,620$1,308$1,051$725
20 years$2,291$1,852$1,486$1,185$938$632
21 years$2,159$1,725$1,367$1,075$840$552
22 years$2,039$1,611$1,260$977$753$483
23 years$1,930$1,506$1,163$890$676$423
24 years$1,830$1,411$1,076$812$607$371
25 years$1,738$1,325$997$741$546$325
26 years$1,653$1,245$924$678$492$285
27 years$1,575$1,172$858$621$444$251
28 years$1,502$1,104$798$569$400$220
29 years$1,435$1,041$743$521$362$194
30 years$1,372$984$692$479$327$170
31 years$1,313$930$645$439$295$150
32 years$1,258$880$602$404$267$132
33 years$1,207$833$562$371$242$116
34 years$1,159$790$525$342$219$102
35 years$1,113$749$491$315$198$90
36 years$1,070$711$459$290$180$80
37 years$1,030$675$430$267$163$70
38 years$992$642$402$246$148$62
39 years$956$610$377$227$134$55
40 years$921$581$353$209$121$48
41 years$889$553$331$193$110$42
42 years$858$526$311$178$100$37
43 years$829$501$292$164$91$33
44 years$801$478$274$152$82$29
45 years$774$456$257$140$75$26
46 years$749$435$241$130$68$23
47 years$725$415$227$120$62$20
48 years$701$396$213$111$56$18
49 years$679$378$200$102$51$16
50 years$658$361$188$94$46$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $674,000, adding $6,433 every year, while hoping to spend $26,352 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: 54/32/14 Blend
34$674,000$674,000$674,000$674,000
35$749,384$713,662$703,215$786,753
36$797,782$720,593$698,734$819,848
37$850,235$726,980$693,220$852,475
38$907,126$732,770$686,610$887,385
39$968,881$737,903$678,840$924,804
40$1,035,965$742,319$669,839$964,977
41$1,108,892$745,951$659,537$1,008,179
42$1,188,226$748,730$647,859$1,054,710
43$1,274,588$750,581$634,725$1,104,904
44$1,368,662$751,425$620,055$1,159,129
45$1,471,200$751,179$603,761$1,217,792
46$1,583,029$749,753$585,753$1,281,343
47$1,705,060$747,053$565,938$1,350,279
48$1,838,296$742,979$544,217$1,425,148
49$1,983,840$737,423$520,486$1,506,557
50$2,142,909$730,274$494,639$1,595,175
51$2,316,839$721,410$466,563$1,691,743
52$2,507,103$710,706$436,139$1,797,076
53$2,715,324$698,027$403,246$1,912,078
54$2,943,286$683,230$367,755$2,037,745
55$3,192,958$666,164$329,531$2,175,177
56$3,466,504$646,670$288,434$2,325,589
57$3,766,309$624,579$244,319$2,490,322
58$4,095,000$599,711$197,031$2,670,858
59$4,455,471$571,878$146,412$2,868,831
60$4,850,907$540,878$92,295$3,086,047
61$5,284,818$506,500$34,506$3,324,497
62$5,761,070$468,519$0$3,586,382
63$6,283,923$426,700$0$3,878,186
64$6,858,065$380,790$0$4,204,295
65$7,488,666$330,527$0$4,562,534
66$8,181,416$275,629$0$4,956,198
67$8,942,588$215,802$0$5,388,918
68$9,779,089$150,734$0$5,864,701
69$10,698,530$80,094$0$6,387,965
70$11,709,297$3,535$0$6,963,583
71$12,820,627$0$0$7,596,928
72$14,042,697$0$0$8,321,853
73$15,386,721$0$0$9,120,563
74$16,865,053$0$0$9,999,162
75$18,491,305$0$0$10,965,750
76$20,280,474$0$0$12,029,250
77$22,249,085$0$0$13,199,494
78$24,415,344$0$0$14,487,316
79$26,799,312$0$0$15,904,652
80$29,423,093$0$0$17,464,655
81$32,311,043$0$0$19,181,816
82$35,489,998$0$0$21,072,105
83$38,989,528$0$0$23,153,116
84$42,842,216$0$0$25,444,237
85$47,083,964$0$0$27,966,832
86$51,754,334$0$0$30,744,441
87$56,896,917$0$0$33,803,003
88$62,559,749$0$0$37,171,102
89$68,795,759$0$0$40,880,232
90$75,663,271$0$0$44,965,101
91$83,226,556$0$0$49,463,952
92$91,556,433$0$0$54,418,926
93$100,730,942$0$0$59,876,462
94$110,836,077$0$0$65,887,731
95$121,966,599$0$0$72,509,121
96$134,226,930$0$0$79,802,769
97$147,732,135$0$0$87,837,148
98$162,609,015$0$0$96,687,710
99$178,997,295$0$0$106,437,601
100$197,050,947$0$0$117,178,445