Can I retire at age 35 with 675,000?

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 $675,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$55,741$55,244$54,760$54,287$53,825$53,576
2 years$27,594$27,081$26,582$26,100$25,631$25,379
3 years$18,214$17,697$17,201$16,722$16,261$16,015
4 years$13,524$13,009$12,518$12,047$11,598$11,359
5 years$10,711$10,200$9,714$9,254$8,816$8,586
6 years$8,836$8,329$7,851$7,400$6,976$6,754
7 years$7,498$6,994$6,524$6,084$5,673$5,459
8 years$6,494$5,996$5,533$5,104$4,707$4,501
9 years$5,714$5,220$4,765$4,347$3,964$3,767
10 years$5,091$4,601$4,155$3,747$3,377$3,189
11 years$4,581$4,096$3,658$3,261$2,905$2,724
12 years$4,156$3,677$3,246$2,861$2,517$2,345
13 years$3,797$3,323$2,900$2,526$2,195$2,030
14 years$3,489$3,020$2,606$2,242$1,924$1,767
15 years$3,223$2,759$2,353$1,999$1,694$1,545
16 years$2,991$2,531$2,133$1,790$1,497$1,355
17 years$2,785$2,331$1,941$1,608$1,328$1,193
18 years$2,603$2,154$1,772$1,450$1,180$1,052
19 years$2,440$1,996$1,622$1,310$1,052$931
20 years$2,294$1,855$1,489$1,186$940$825
21 years$2,162$1,728$1,369$1,077$841$732
22 years$2,042$1,613$1,262$979$754$651
23 years$1,932$1,509$1,165$892$677$580
24 years$1,832$1,414$1,078$813$608$517
25 years$1,740$1,327$998$743$547$461
26 years$1,655$1,247$926$679$493$412
27 years$1,577$1,173$860$621$444$368
28 years$1,504$1,106$799$569$401$329
29 years$1,437$1,043$744$522$362$295
30 years$1,374$985$693$479$327$264
31 years$1,315$931$646$440$296$237
32 years$1,260$881$602$404$268$212
33 years$1,209$834$563$372$242$190
34 years$1,160$791$526$342$219$171
35 years$1,115$750$491$315$199$153
36 years$1,072$712$460$290$180$138
37 years$1,032$676$430$267$163$124
38 years$993$643$403$246$148$111
39 years$957$611$378$227$134$100
40 years$923$581$354$210$122$90
41 years$890$553$332$193$110$81
42 years$859$527$311$178$100$72
43 years$830$502$292$165$91$65
44 years$802$479$274$152$82$58
45 years$775$456$257$140$75$53
46 years$750$435$242$130$68$47
47 years$726$416$227$120$62$43
48 years$702$397$213$111$56$38
49 years$680$379$201$102$51$34
50 years$659$362$189$95$46$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $675,000, adding $5,325 every year, while hoping to spend $23,881 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: 85/10/5 Blend
34$675,000$675,000$675,000$675,000
35$749,343$713,568$703,105$812,583
36$800,366$723,123$701,250$864,166
37$855,794$732,347$698,532$916,987
38$916,050$741,197$694,898$974,246
39$981,600$749,628$690,290$1,036,373
40$1,052,958$757,595$684,650$1,103,840
41$1,130,689$765,046$677,914$1,177,168
42$1,215,413$771,927$670,018$1,256,931
43$1,307,815$778,181$660,894$1,343,758
44$1,408,648$783,748$650,469$1,438,346
45$1,518,740$788,561$638,670$1,541,460
46$1,639,003$792,552$625,417$1,653,943
47$1,770,441$795,647$610,628$1,776,723
48$1,914,160$797,769$594,219$1,910,825
49$2,071,378$798,832$576,098$2,057,374
50$2,243,434$798,750$556,173$2,217,612
51$2,431,804$797,429$534,344$2,392,907
52$2,638,113$794,768$510,510$2,584,765
53$2,864,151$790,662$484,562$2,794,846
54$3,111,889$784,999$456,390$3,024,978
55$3,383,497$777,660$425,875$3,277,177
56$3,681,366$768,518$392,894$3,553,663
57$4,008,130$757,440$357,321$3,856,881
58$4,366,689$744,284$319,020$4,189,527
59$4,760,237$728,899$277,853$4,554,570
60$5,192,294$711,128$233,674$4,955,283
61$5,666,735$690,801$186,330$5,395,271
62$6,187,832$667,740$135,661$5,878,507
63$6,760,288$641,756$81,503$6,409,369
64$7,389,285$612,650$23,681$6,992,682
65$8,080,533$580,210$0$7,633,762
66$8,840,320$544,214$0$8,340,496
67$9,675,576$504,424$0$9,118,791
68$10,593,935$460,590$0$9,974,507
69$11,603,807$412,450$0$10,915,494
70$12,714,459$359,724$0$11,950,403
71$13,936,100$302,116$0$13,088,767
72$15,279,979$239,316$0$14,341,088
73$16,758,488$170,994$0$15,718,943
74$18,385,284$96,803$0$17,235,085
75$20,175,412$16,376$0$18,903,569
76$22,145,450$0$0$20,739,884
77$24,313,665$0$0$22,768,874
78$26,700,183$0$0$25,004,144
79$29,327,182$0$0$27,464,668
80$32,219,097$0$0$30,173,332
81$35,402,854$0$0$33,155,360
82$38,908,123$0$0$36,438,541
83$42,767,597$0$0$40,053,498
84$47,017,298$0$0$44,033,976
85$51,696,922$0$0$48,417,155
86$56,850,209$0$0$53,244,007
87$62,525,358$0$0$58,559,681
88$68,775,479$0$0$64,413,923
89$75,659,098$0$0$70,861,554
90$83,240,704$0$0$77,962,983
91$91,591,362$0$0$85,784,774
92$100,789,380$0$0$94,400,278
93$110,921,051$0$0$103,890,327
94$122,081,464$0$0$114,343,988
95$134,375,402$0$0$125,859,414
96$147,918,333$0$0$138,544,762
97$162,837,498$0$0$152,519,218
98$179,273,109$0$0$167,914,119
99$197,379,678$0$0$184,874,195
100$217,327,469$0$0$203,558,934