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%12.8%
1 years$55,658$55,163$54,679$54,207$53,746$53,118
2 years$27,554$27,040$26,543$26,061$25,593$24,962
3 years$18,187$17,671$17,175$16,697$16,237$15,621
4 years$13,504$12,990$12,499$12,030$11,581$10,985
5 years$10,695$10,184$9,700$9,240$8,803$8,230
6 years$8,823$8,316$7,839$7,389$6,966$6,415
7 years$7,487$6,984$6,514$6,075$5,665$5,137
8 years$6,485$5,987$5,525$5,096$4,700$4,194
9 years$5,706$5,212$4,758$4,341$3,958$3,475
10 years$5,083$4,595$4,148$3,742$3,372$2,912
11 years$4,574$4,090$3,652$3,257$2,900$2,462
12 years$4,150$3,671$3,241$2,856$2,513$2,096
13 years$3,791$3,318$2,896$2,522$2,192$1,796
14 years$3,484$3,016$2,602$2,239$1,921$1,546
15 years$3,218$2,755$2,349$1,996$1,692$1,336
16 years$2,986$2,528$2,130$1,788$1,495$1,158
17 years$2,781$2,328$1,938$1,606$1,326$1,007
18 years$2,599$2,151$1,769$1,447$1,179$878
19 years$2,437$1,993$1,620$1,308$1,051$767
20 years$2,291$1,852$1,486$1,185$938$672
21 years$2,159$1,725$1,367$1,075$840$589
22 years$2,039$1,611$1,260$977$753$517
23 years$1,930$1,506$1,163$890$676$454
24 years$1,830$1,411$1,076$812$607$400
25 years$1,738$1,325$997$741$546$352
26 years$1,653$1,245$924$678$492$310
27 years$1,575$1,172$858$621$444$274
28 years$1,502$1,104$798$569$400$242
29 years$1,435$1,041$743$521$362$213
30 years$1,372$984$692$479$327$188
31 years$1,313$930$645$439$295$166
32 years$1,258$880$602$404$267$147
33 years$1,207$833$562$371$242$130
34 years$1,159$790$525$342$219$115
35 years$1,113$749$491$315$198$102
36 years$1,070$711$459$290$180$90
37 years$1,030$675$430$267$163$80
38 years$992$642$402$246$148$71
39 years$956$610$377$227$134$63
40 years$921$581$353$209$121$55
41 years$889$553$331$193$110$49
42 years$858$526$311$178$100$43
43 years$829$501$292$164$91$39
44 years$801$478$274$152$82$34
45 years$774$456$257$140$75$30
46 years$749$435$241$130$68$27
47 years$725$415$227$120$62$24
48 years$701$396$213$111$56$21
49 years$679$378$200$102$51$19
50 years$658$361$188$94$46$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $674,000, adding $6,715 every year, while hoping to spend $26,095 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: 44/45/11 Blend
34$674,000$674,000$674,000$674,000
35$749,675$713,953$703,506$780,012
36$798,376$721,171$699,308$809,007
37$851,171$727,869$694,095$837,237
38$908,449$733,993$687,806$867,250
39$970,639$739,487$680,375$899,218
40$1,038,212$744,290$671,736$933,336
41$1,111,687$748,338$661,817$969,816
42$1,191,636$751,563$650,544$1,008,894
43$1,278,686$753,892$637,841$1,050,833
44$1,373,528$755,249$623,625$1,095,921
45$1,476,924$755,552$607,812$1,144,480
46$1,589,710$754,714$590,313$1,196,864
47$1,712,807$752,641$571,035$1,253,466
48$1,847,229$749,237$549,881$1,314,720
49$1,994,095$744,398$526,750$1,381,107
50$2,154,631$738,012$501,535$1,453,159
51$2,330,192$729,963$474,125$1,531,465
52$2,522,267$720,127$444,404$1,616,675
53$2,732,498$708,373$412,251$1,709,509
54$2,962,690$694,561$377,539$1,810,764
55$3,214,834$678,543$340,135$1,921,318
56$3,491,120$660,164$299,903$2,042,145
57$3,793,960$639,259$256,696$2,174,321
58$4,126,013$615,651$210,364$2,319,034
59$4,490,205$589,157$160,749$2,477,598
60$4,889,759$559,579$107,688$2,651,466
61$5,328,227$526,711$51,008$2,842,241
62$5,809,520$490,333$0$3,051,697
63$6,337,946$450,214$0$3,282,904
64$6,918,251$406,109$0$3,543,375
65$7,555,662$357,758$0$3,829,530
66$8,255,939$304,888$0$4,144,030
67$9,025,428$247,210$0$4,489,817
68$9,871,116$184,418$0$4,870,135
69$10,800,705$116,190$0$5,288,566
70$11,822,679$42,185$0$5,749,062
71$12,946,383$0$0$6,255,984
72$14,182,116$0$0$6,832,943
73$15,541,222$0$0$7,490,570
74$17,036,202$0$0$8,214,037
75$18,680,827$0$0$9,010,019
76$20,490,273$0$0$9,885,873
77$22,481,259$0$0$10,849,704
78$24,672,205$0$0$11,910,444
79$27,083,411$0$0$13,077,932
80$29,737,241$0$0$14,363,011
81$32,658,338$0$0$15,777,629
82$35,873,855$0$0$17,334,950
83$39,413,714$0$0$19,049,481
84$43,310,880$0$0$20,937,203
85$47,601,682$0$0$23,015,731
86$52,326,148$0$0$25,304,471
87$57,528,387$0$0$27,824,808
88$63,257,000$0$0$30,600,307
89$69,565,544$0$0$33,656,934
90$76,513,035$0$0$37,023,302
91$84,164,501$0$0$40,730,940
92$92,591,601$0$0$44,814,592
93$101,873,299$0$0$49,312,543
94$112,096,607$0$0$54,266,982
95$123,357,407$0$0$59,724,396
96$135,761,358$0$0$65,736,016
97$149,424,889$0$0$72,358,292
98$164,476,300$0$0$79,653,433
99$181,056,972$0$0$87,689,987
100$199,322,701$0$0$96,543,495