Can I retire at age 35 with 677,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%14.1%
1 years$55,906$55,408$54,922$54,448$53,985$53,069
2 years$27,676$27,161$26,661$26,177$25,707$24,787
3 years$18,268$17,750$17,252$16,772$16,310$15,414
4 years$13,564$13,048$12,555$12,083$11,632$10,768
5 years$10,743$10,230$9,743$9,281$8,843$8,013
6 years$8,863$8,353$7,874$7,422$6,997$6,202
7 years$7,520$7,015$6,543$6,102$5,690$4,930
8 years$6,514$6,013$5,549$5,119$4,721$3,996
9 years$5,731$5,236$4,779$4,360$3,975$3,285
10 years$5,106$4,615$4,167$3,759$3,387$2,731
11 years$4,594$4,108$3,668$3,271$2,913$2,290
12 years$4,168$3,688$3,256$2,869$2,525$1,934
13 years$3,808$3,332$2,909$2,533$2,201$1,643
14 years$3,500$3,029$2,613$2,249$1,930$1,402
15 years$3,233$2,767$2,360$2,005$1,699$1,201
16 years$2,999$2,539$2,139$1,796$1,502$1,032
17 years$2,794$2,338$1,947$1,613$1,331$889
18 years$2,611$2,161$1,777$1,454$1,184$768
19 years$2,448$2,002$1,627$1,314$1,055$665
20 years$2,301$1,861$1,493$1,190$943$576
21 years$2,168$1,733$1,373$1,080$843$500
22 years$2,048$1,618$1,266$982$756$435
23 years$1,938$1,513$1,169$894$679$378
24 years$1,838$1,418$1,081$816$610$330
25 years$1,745$1,330$1,001$745$549$287
26 years$1,660$1,250$928$681$494$251
27 years$1,582$1,177$862$623$446$219
28 years$1,509$1,109$801$571$402$191
29 years$1,441$1,046$746$524$363$167
30 years$1,378$988$695$481$328$146
31 years$1,319$934$648$441$297$128
32 years$1,264$884$604$406$268$112
33 years$1,212$837$564$373$243$98
34 years$1,164$793$527$343$220$85
35 years$1,118$752$493$316$199$75
36 years$1,075$714$461$291$180$65
37 years$1,035$678$432$268$164$57
38 years$996$645$404$247$148$50
39 years$960$613$379$228$134$44
40 years$926$583$355$210$122$38
41 years$893$555$333$194$111$34
42 years$862$529$312$179$100$29
43 years$832$504$293$165$91$26
44 years$804$480$275$153$83$23
45 years$778$458$258$141$75$20
46 years$752$437$242$130$68$17
47 years$728$417$228$120$62$15
48 years$705$398$214$111$56$13
49 years$682$380$201$103$51$12
50 years$661$363$189$95$46$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $677,000, adding $5,517 every year, while hoping to spend $42,800 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: 40/42/18 Blend
34$677,000$677,000$677,000$677,000
35$751,745$715,864$705,370$777,601
36$782,884$705,402$683,461$786,095
37$815,765$692,994$659,384$790,740
38$850,520$678,497$633,020$794,868
39$887,293$661,764$604,247$798,456
40$926,244$642,637$572,936$801,480
41$967,543$620,949$538,952$803,917
42$1,011,380$596,523$502,154$805,745
43$1,057,960$569,172$462,396$806,948
44$1,107,509$538,698$419,523$807,508
45$1,160,274$504,893$373,376$807,412
46$1,216,524$467,536$323,786$806,651
47$1,276,556$426,391$270,580$805,219
48$1,340,693$381,213$213,573$803,117
49$1,409,292$331,740$152,575$800,351
50$1,482,740$277,696$87,387$796,934
51$1,561,466$218,789$17,800$792,888
52$1,645,937$154,712$0$788,242
53$1,736,669$85,139$0$793,882
54$1,834,224$9,726$0$803,371
55$1,939,224$0$0$813,399
56$2,052,347$0$0$857,323
57$2,174,342$0$0$909,607
58$2,306,029$0$0$966,116
59$2,448,310$0$0$1,027,246
60$2,602,176$0$0$1,093,434
61$2,768,717$0$0$1,165,156
62$2,949,131$0$0$1,242,941
63$3,144,733$0$0$1,327,366
64$3,356,973$0$0$1,419,068
65$3,587,443$0$0$1,518,747
66$3,837,895$0$0$1,627,175
67$4,110,256$0$0$1,745,198
68$4,406,646$0$0$1,873,748
69$4,729,397$0$0$2,013,853
70$5,081,077$0$0$2,166,641
71$5,464,512$0$0$2,333,356
72$5,882,809$0$0$2,515,367
73$6,339,391$0$0$2,714,178
74$6,838,025$0$0$2,931,449
75$7,382,859$0$0$3,169,005
76$7,978,457$0$0$3,428,856
77$8,629,847$0$0$3,713,215
78$9,342,562$0$0$4,024,519
79$10,122,697$0$0$4,365,452
80$10,976,963$0$0$4,738,968
81$11,912,749$0$0$5,148,323
82$12,938,193$0$0$5,597,100
83$14,062,258$0$0$6,089,247
84$15,294,816$0$0$6,629,112
85$16,646,738$0$0$7,221,485
86$18,130,000$0$0$7,871,640
87$19,757,791$0$0$8,585,389
88$21,544,640$0$0$9,369,131
89$23,506,552$0$0$10,229,917
90$25,661,156$0$0$11,175,516
91$28,027,873$0$0$12,214,484
92$30,628,098$0$0$13,356,246
93$33,485,399$0$0$14,611,189
94$36,625,742$0$0$15,990,753
95$40,077,732$0$0$17,507,543
96$43,872,884$0$0$19,175,447
97$48,045,920$0$0$21,009,764
98$52,635,092$0$0$23,027,351
99$57,682,546$0$0$25,246,782
100$63,234,720$0$0$27,688,520