Can I retire at age 35 with 678,000?

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 $678,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$55,989$55,490$55,003$54,528$54,065$52,334
2 years$27,717$27,201$26,701$26,216$25,745$24,017
3 years$18,295$17,776$17,277$16,797$16,334$14,663
4 years$13,584$13,067$12,573$12,101$11,649$10,049
5 years$10,759$10,245$9,757$9,295$8,856$7,330
6 years$8,876$8,366$7,885$7,433$7,007$5,557
7 years$7,531$7,026$6,553$6,111$5,699$4,324
8 years$6,523$6,022$5,557$5,126$4,728$3,427
9 years$5,740$5,243$4,787$4,367$3,981$2,754
10 years$5,113$4,622$4,173$3,764$3,392$2,236
11 years$4,601$4,115$3,674$3,276$2,917$1,830
12 years$4,174$3,693$3,260$2,873$2,528$1,508
13 years$3,814$3,337$2,913$2,537$2,205$1,248
14 years$3,505$3,034$2,617$2,252$1,933$1,038
15 years$3,238$2,771$2,363$2,008$1,702$866
16 years$3,004$2,543$2,142$1,798$1,504$724
17 years$2,798$2,342$1,950$1,616$1,333$607
18 years$2,615$2,164$1,780$1,456$1,186$510
19 years$2,451$2,005$1,629$1,316$1,057$429
20 years$2,304$1,863$1,495$1,192$944$361
21 years$2,172$1,736$1,375$1,081$845$305
22 years$2,051$1,620$1,268$983$757$257
23 years$1,941$1,515$1,170$895$680$217
24 years$1,840$1,420$1,082$817$611$184
25 years$1,748$1,332$1,003$746$550$155
26 years$1,663$1,252$930$682$495$131
27 years$1,584$1,179$863$624$446$111
28 years$1,511$1,111$803$572$403$94
29 years$1,443$1,048$747$524$364$80
30 years$1,380$989$696$481$329$68
31 years$1,321$935$649$442$297$57
32 years$1,266$885$605$406$269$48
33 years$1,214$838$565$374$243$41
34 years$1,166$794$528$344$220$35
35 years$1,120$753$494$316$199$30
36 years$1,077$715$462$291$181$25
37 years$1,036$679$432$269$164$21
38 years$998$645$405$248$149$18
39 years$961$614$379$228$135$15
40 years$927$584$355$210$122$13
41 years$894$556$333$194$111$11
42 years$863$529$313$179$101$9
43 years$834$504$293$165$91$8
44 years$806$481$275$153$83$7
45 years$779$458$259$141$75$6
46 years$753$437$243$130$68$5
47 years$729$417$228$120$62$4
48 years$706$398$214$111$56$3
49 years$683$381$202$103$51$3
50 years$662$363$189$95$46$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $678,000, adding $6,048 every year, while hoping to spend $50,058 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: 25/49/26 Blend
34$678,000$678,000$678,000$678,000
35$753,395$717,461$706,952$765,944
36$776,979$699,355$677,373$758,651
37$801,292$678,684$645,126$746,157
38$826,354$655,270$610,068$731,707
39$852,188$628,923$572,051$715,170
40$878,815$599,445$530,918$696,408
41$906,259$566,622$486,509$675,274
42$934,543$530,232$438,652$651,616
43$963,691$490,038$387,172$625,271
44$993,727$445,790$331,882$596,066
45$1,024,677$397,224$272,590$563,822
46$1,056,566$344,059$209,094$528,348
47$1,089,420$286,003$141,182$489,442
48$1,123,265$222,741$68,636$446,893
49$1,158,128$153,945$0$400,477
50$1,194,037$79,268$0$352,395
51$1,231,018$0$0$320,441
52$1,269,100$0$0$286,256
53$1,308,310$0$0$295,062
54$1,348,677$0$0$304,124
55$1,390,230$0$0$313,447
56$1,432,996$0$0$323,038
57$1,477,005$0$0$332,903
58$1,522,286$0$0$343,046
59$1,568,865$0$0$353,474
60$1,616,772$0$0$364,191
61$1,666,033$0$0$375,204
62$1,716,677$0$0$386,517
63$1,768,728$0$0$398,135
64$1,822,212$0$0$410,062
65$1,877,153$0$0$422,301
66$1,933,575$0$0$434,857
67$1,991,497$0$0$447,733
68$2,050,940$0$0$460,930
69$2,111,919$0$0$474,451
70$2,174,449$0$0$488,295
71$2,238,542$0$0$502,464
72$2,304,204$0$0$516,955
73$2,371,440$0$0$531,766
74$2,440,249$0$0$546,893
75$2,510,624$0$0$562,332
76$2,582,553$0$0$578,074
77$2,656,019$0$0$594,111
78$2,730,994$0$0$610,432
79$2,807,445$0$0$627,022
80$2,885,328$0$0$643,866
81$2,964,587$0$0$660,944
82$3,045,157$0$0$678,234
83$3,126,958$0$0$695,708
84$3,209,895$0$0$713,335
85$3,293,857$0$0$731,080
86$3,378,715$0$0$748,903
87$3,464,319$0$0$766,756
88$3,550,494$0$0$784,586
89$3,637,043$0$0$802,332
90$3,723,739$0$0$819,927
91$3,810,322$0$0$837,293
92$3,896,501$0$0$854,343
93$3,981,941$0$0$870,979
94$4,066,269$0$0$887,091
95$4,149,060$0$0$902,555
96$4,229,838$0$0$917,233
97$4,308,070$0$0$930,971
98$4,383,155$0$0$943,596
99$4,454,423$0$0$954,916
100$4,521,121$0$0$964,714