Can I retire at age 35 with 677,000?

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 $677,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$55,906$55,408$54,922$54,448$53,985$52,701
2 years$27,676$27,161$26,661$26,177$25,707$24,421
3 years$18,268$17,750$17,252$16,772$16,310$15,062
4 years$13,564$13,048$12,555$12,083$11,632$10,432
5 years$10,743$10,230$9,743$9,281$8,843$7,694
6 years$8,863$8,353$7,874$7,422$6,997$5,900
7 years$7,520$7,015$6,543$6,102$5,690$4,646
8 years$6,514$6,013$5,549$5,119$4,721$3,728
9 years$5,731$5,236$4,779$4,360$3,975$3,034
10 years$5,106$4,615$4,167$3,759$3,387$2,496
11 years$4,594$4,108$3,668$3,271$2,913$2,071
12 years$4,168$3,688$3,256$2,869$2,525$1,730
13 years$3,808$3,332$2,909$2,533$2,201$1,452
14 years$3,500$3,029$2,613$2,249$1,930$1,225
15 years$3,233$2,767$2,360$2,005$1,699$1,037
16 years$2,999$2,539$2,139$1,796$1,502$881
17 years$2,794$2,338$1,947$1,613$1,331$750
18 years$2,611$2,161$1,777$1,454$1,184$640
19 years$2,448$2,002$1,627$1,314$1,055$547
20 years$2,301$1,861$1,493$1,190$943$468
21 years$2,168$1,733$1,373$1,080$843$401
22 years$2,048$1,618$1,266$982$756$344
23 years$1,938$1,513$1,169$894$679$295
24 years$1,838$1,418$1,081$816$610$254
25 years$1,745$1,330$1,001$745$549$218
26 years$1,660$1,250$928$681$494$188
27 years$1,582$1,177$862$623$446$162
28 years$1,509$1,109$801$571$402$139
29 years$1,441$1,046$746$524$363$120
30 years$1,378$988$695$481$328$103
31 years$1,319$934$648$441$297$89
32 years$1,264$884$604$406$268$77
33 years$1,212$837$564$373$243$66
34 years$1,164$793$527$343$220$57
35 years$1,118$752$493$316$199$49
36 years$1,075$714$461$291$180$43
37 years$1,035$678$432$268$164$37
38 years$996$645$404$247$148$32
39 years$960$613$379$228$134$27
40 years$926$583$355$210$122$24
41 years$893$555$333$194$111$20
42 years$862$529$312$179$100$18
43 years$832$504$293$165$91$15
44 years$804$480$275$153$83$13
45 years$778$458$258$141$75$11
46 years$752$437$242$130$68$10
47 years$728$417$228$120$62$8
48 years$705$398$214$111$56$7
49 years$682$380$201$103$51$6
50 years$661$363$189$95$46$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $677,000, adding $3,155 every year, while hoping to spend $46,589 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: 44/44/12 Blend
34$677,000$677,000$677,000$677,000
35$749,308$713,427$702,934$779,563
36$776,168$698,815$676,912$786,336
37$804,205$681,925$648,457$788,717
38$833,491$662,597$617,437$790,262
39$864,103$640,660$583,718$790,916
40$896,124$615,935$547,155$790,616
41$929,644$588,231$507,599$789,301
42$964,759$557,345$464,895$786,904
43$1,001,575$523,066$418,880$783,359
44$1,040,206$485,167$369,382$778,596
45$1,080,776$443,409$316,226$772,542
46$1,123,421$397,541$259,225$765,125
47$1,168,285$347,296$198,185$756,268
48$1,215,530$292,393$132,903$745,893
49$1,265,328$232,535$63,170$733,922
50$1,317,868$167,406$0$720,274
51$1,373,358$96,676$0$706,308
52$1,432,021$19,993$0$699,225
53$1,494,102$0$0$690,878
54$1,559,871$0$0$711,725
55$1,629,619$0$0$744,139
56$1,703,666$0$0$778,593
57$1,782,363$0$0$815,256
58$1,866,092$0$0$854,312
59$1,955,272$0$0$895,962
60$2,050,362$0$0$940,428
61$2,151,864$0$0$987,951
62$2,260,329$0$0$1,038,797
63$2,376,360$0$0$1,093,257
64$2,500,619$0$0$1,151,649
65$2,633,831$0$0$1,214,324
66$2,776,792$0$0$1,281,666
67$2,930,377$0$0$1,354,096
68$3,095,542$0$0$1,432,078
69$3,273,342$0$0$1,516,120
70$3,464,933$0$0$1,606,780
71$3,671,584$0$0$1,704,672
72$3,894,689$0$0$1,810,470
73$4,135,783$0$0$1,924,915
74$4,396,548$0$0$2,048,821
75$4,678,838$0$0$2,183,083
76$4,984,687$0$0$2,328,688
77$5,316,334$0$0$2,486,715
78$5,676,240$0$0$2,658,358
79$6,067,112$0$0$2,844,925
80$6,491,928$0$0$3,047,858
81$6,953,963$0$0$3,268,741
82$7,456,821$0$0$3,509,319
83$8,004,468$0$0$3,771,512
84$8,601,267$0$0$4,057,433
85$9,252,020$0$0$4,369,406
86$9,962,013$0$0$4,709,990
87$10,737,063$0$0$5,082,004
88$11,583,574$0$0$5,488,549
89$12,508,596$0$0$5,933,039
90$13,519,891$0$0$6,419,233
91$14,626,004$0$0$6,951,272
92$15,836,343$0$0$7,533,713
93$17,161,269$0$0$8,171,575
94$18,612,190$0$0$8,870,386
95$20,201,670$0$0$9,636,233
96$21,943,545$0$0$10,475,820
97$23,853,053$0$0$11,396,531
98$25,946,975$0$0$12,406,497
99$28,243,795$0$0$13,514,678
100$30,763,874$0$0$14,730,938