Can I retire at age 35 with 676,000?

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 $676,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$55,823$55,326$54,841$54,368$53,905$52,947
2 years$27,635$27,121$26,622$26,138$25,669$24,707
3 years$18,241$17,724$17,226$16,747$16,286$15,349
4 years$13,544$13,029$12,536$12,065$11,615$10,712
5 years$10,727$10,215$9,729$9,267$8,830$7,962
6 years$8,849$8,341$7,862$7,411$6,987$6,156
7 years$7,509$7,005$6,533$6,093$5,682$4,889
8 years$6,504$6,004$5,541$5,111$4,714$3,957
9 years$5,723$5,228$4,772$4,354$3,970$3,250
10 years$5,098$4,608$4,161$3,753$3,382$2,698
11 years$4,587$4,102$3,663$3,266$2,909$2,260
12 years$4,162$3,682$3,251$2,865$2,521$1,906
13 years$3,803$3,328$2,904$2,529$2,198$1,617
14 years$3,495$3,025$2,610$2,245$1,927$1,378
15 years$3,228$2,763$2,356$2,002$1,697$1,178
16 years$2,995$2,535$2,136$1,793$1,499$1,011
17 years$2,789$2,335$1,944$1,611$1,330$870
18 years$2,607$2,157$1,774$1,452$1,182$751
19 years$2,444$1,999$1,624$1,312$1,054$649
20 years$2,298$1,858$1,491$1,188$941$561
21 years$2,165$1,731$1,371$1,078$842$487
22 years$2,045$1,615$1,264$980$755$422
23 years$1,935$1,511$1,167$893$678$367
24 years$1,835$1,416$1,079$814$609$319
25 years$1,743$1,328$1,000$744$548$278
26 years$1,658$1,249$927$680$494$242
27 years$1,579$1,175$861$622$445$211
28 years$1,507$1,107$800$570$402$184
29 years$1,439$1,045$745$523$363$160
30 years$1,376$986$694$480$328$140
31 years$1,317$933$647$441$296$122
32 years$1,262$882$603$405$268$107
33 years$1,211$836$563$373$243$93
34 years$1,162$792$526$343$220$81
35 years$1,117$751$492$316$199$71
36 years$1,074$713$460$291$180$62
37 years$1,033$677$431$268$163$54
38 years$995$644$404$247$148$47
39 years$959$612$378$228$134$41
40 years$924$582$354$210$122$36
41 years$892$554$332$194$110$32
42 years$861$528$312$179$100$28
43 years$831$503$292$165$91$24
44 years$803$479$275$152$83$21
45 years$776$457$258$141$75$19
46 years$751$436$242$130$68$16
47 years$727$416$227$120$62$14
48 years$703$397$214$111$56$12
49 years$681$379$201$103$51$11
50 years$660$362$189$95$46$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $676,000, adding $2,803 every year, while hoping to spend $36,662 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: 41/48/11 Blend
34$676,000$676,000$676,000$676,000
35$747,843$712,015$701,537$775,959
36$785,115$707,896$686,031$791,854
37$824,960$702,346$668,776$805,186
38$867,602$695,257$649,676$818,799
39$913,285$686,513$628,628$832,734
40$962,280$675,991$605,527$847,040
41$1,014,882$663,564$580,261$861,773
42$1,071,413$649,092$552,713$876,995
43$1,132,231$632,431$522,763$892,782
44$1,197,726$613,428$490,283$909,218
45$1,268,326$591,918$455,139$926,400
46$1,344,504$567,730$417,194$944,437
47$1,426,775$540,681$376,303$963,457
48$1,515,710$510,578$332,313$983,600
49$1,611,934$477,218$285,067$1,005,030
50$1,716,134$440,384$234,399$1,027,930
51$1,829,065$399,848$180,137$1,052,506
52$1,951,558$355,370$122,100$1,078,992
53$2,084,528$306,694$60,101$1,107,652
54$2,228,979$253,550$0$1,138,782
55$2,386,016$195,656$0$1,173,426
56$2,556,856$132,709$0$1,218,821
57$2,742,837$64,394$0$1,268,351
58$2,945,431$0$0$1,322,511
59$3,166,259$0$0$1,386,941
60$3,407,103$0$0$1,494,384
61$3,669,928$0$0$1,611,716
62$3,956,892$0$0$1,739,909
63$4,270,374$0$0$1,880,038
64$4,612,993$0$0$2,033,284
65$4,987,631$0$0$2,200,948
66$5,397,461$0$0$2,384,461
67$5,845,978$0$0$2,585,403
68$6,337,031$0$0$2,805,508
69$6,874,855$0$0$3,046,691
70$7,464,119$0$0$3,311,058
71$8,109,960$0$0$3,600,928
72$8,818,039$0$0$3,918,858
73$9,594,589$0$0$4,267,661
74$10,446,476$0$0$4,650,439
75$11,381,263$0$0$5,070,606
76$12,407,279$0$0$5,531,922
77$13,533,701$0$0$6,038,533
78$14,770,635$0$0$6,595,002
79$16,129,215$0$0$7,206,358
80$17,621,709$0$0$7,878,141
81$19,261,627$0$0$8,616,452
82$21,063,856$0$0$9,428,015
83$23,044,794$0$0$10,320,238
84$25,222,510$0$0$11,301,280
85$27,616,907$0$0$12,380,132
86$30,249,917$0$0$13,566,699
87$33,145,701$0$0$14,871,897
88$36,330,879$0$0$16,307,748
89$39,834,781$0$0$17,887,502
90$43,689,722$0$0$19,625,756
91$47,931,310$0$0$21,538,595
92$52,598,774$0$0$23,643,740
93$57,735,341$0$0$25,960,718
94$63,388,640$0$0$28,511,046
95$69,611,151$0$0$31,318,431
96$76,460,699$0$0$34,408,996
97$84,001,002$0$0$37,811,524
98$92,302,266$0$0$41,557,735
99$101,441,854$0$0$45,682,576
100$111,505,010$0$0$50,224,558