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%12.1%
1 years$55,989$55,490$55,003$54,528$54,065$53,589
2 years$27,717$27,201$26,701$26,216$25,745$25,266
3 years$18,295$17,776$17,277$16,797$16,334$15,866
4 years$13,584$13,067$12,573$12,101$11,649$11,196
5 years$10,759$10,245$9,757$9,295$8,856$8,419
6 years$8,876$8,366$7,885$7,433$7,007$6,587
7 years$7,531$7,026$6,553$6,111$5,699$5,295
8 years$6,523$6,022$5,557$5,126$4,728$4,341
9 years$5,740$5,243$4,787$4,367$3,981$3,612
10 years$5,113$4,622$4,173$3,764$3,392$3,039
11 years$4,601$4,115$3,674$3,276$2,917$2,580
12 years$4,174$3,693$3,260$2,873$2,528$2,207
13 years$3,814$3,337$2,913$2,537$2,205$1,899
14 years$3,505$3,034$2,617$2,252$1,933$1,642
15 years$3,238$2,771$2,363$2,008$1,702$1,426
16 years$3,004$2,543$2,142$1,798$1,504$1,243
17 years$2,798$2,342$1,950$1,616$1,333$1,086
18 years$2,615$2,164$1,780$1,456$1,186$952
19 years$2,451$2,005$1,629$1,316$1,057$836
20 years$2,304$1,863$1,495$1,192$944$735
21 years$2,172$1,736$1,375$1,081$845$648
22 years$2,051$1,620$1,268$983$757$572
23 years$1,941$1,515$1,170$895$680$505
24 years$1,840$1,420$1,082$817$611$447
25 years$1,748$1,332$1,003$746$550$396
26 years$1,663$1,252$930$682$495$351
27 years$1,584$1,179$863$624$446$311
28 years$1,511$1,111$803$572$403$276
29 years$1,443$1,048$747$524$364$245
30 years$1,380$989$696$481$329$218
31 years$1,321$935$649$442$297$194
32 years$1,266$885$605$406$269$172
33 years$1,214$838$565$374$243$153
34 years$1,166$794$528$344$220$136
35 years$1,120$753$494$316$199$121
36 years$1,077$715$462$291$181$108
37 years$1,036$679$432$269$164$96
38 years$998$645$405$248$149$86
39 years$961$614$379$228$135$76
40 years$927$584$355$210$122$68
41 years$894$556$333$194$111$61
42 years$863$529$313$179$101$54
43 years$834$504$293$165$91$48
44 years$806$481$275$153$83$43
45 years$779$458$259$141$75$38
46 years$753$437$243$130$68$34
47 years$729$417$228$120$62$30
48 years$706$398$214$111$56$27
49 years$683$381$202$103$51$24
50 years$662$363$189$95$46$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $678,000, adding $6,938 every year, while hoping to spend $41,881 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: 80/5/15 Blend
34$678,000$678,000$678,000$678,000
35$754,313$718,379$707,870$811,781
36$786,691$709,018$687,022$841,210
37$820,969$697,795$664,073$867,408
38$857,295$684,575$638,906$894,967
39$895,833$669,213$611,404$924,006
40$936,762$651,557$581,439$954,654
41$980,276$631,448$548,882$987,056
42$1,026,589$608,714$513,594$1,021,369
43$1,075,935$583,175$475,434$1,057,768
44$1,128,571$554,641$434,251$1,096,446
45$1,184,777$522,910$389,890$1,137,616
46$1,244,860$487,769$342,187$1,181,512
47$1,309,157$448,991$290,972$1,228,394
48$1,378,039$406,339$236,067$1,278,547
49$1,451,910$359,560$177,286$1,332,287
50$1,531,214$308,389$114,435$1,389,961
51$1,616,441$252,543$47,312$1,451,956
52$1,708,127$191,726$0$1,518,694
53$1,806,858$125,623$0$1,594,536
54$1,913,282$53,903$0$1,684,441
55$2,028,108$0$0$1,781,435
56$2,152,116$0$0$1,887,495
57$2,286,162$0$0$2,005,361
58$2,431,190$0$0$2,132,898
59$2,588,232$0$0$2,271,019
60$2,758,429$0$0$2,420,725
61$2,943,031$0$0$2,583,120
62$3,143,414$0$0$2,759,417
63$3,361,093$0$0$2,950,950
64$3,597,732$0$0$3,159,187
65$3,855,163$0$0$3,385,742
66$4,135,401$0$0$3,632,392
67$4,440,665$0$0$3,901,091
68$4,773,395$0$0$4,193,991
69$5,136,276$0$0$4,513,458
70$5,532,264$0$0$4,862,100
71$5,964,615$0$0$5,242,782
72$6,436,909$0$0$5,658,665
73$6,953,089$0$0$6,113,222
74$7,517,499$0$0$6,610,282
75$8,134,916$0$0$7,154,057
76$8,810,605$0$0$7,749,187
77$9,550,361$0$0$8,400,782
78$10,360,566$0$0$9,114,466
79$11,248,248$0$0$9,896,435
80$12,221,147$0$0$10,753,512
81$13,287,788$0$0$11,693,212
82$14,457,559$0$0$12,723,810
83$15,740,800$0$0$13,854,424
84$17,148,902$0$0$15,095,092
85$18,694,410$0$0$16,456,876
86$20,391,144$0$0$17,951,957
87$22,254,327$0$0$19,593,756
88$24,300,728$0$0$21,397,055
89$26,548,821$0$0$23,378,139
90$29,018,955$0$0$25,554,950
91$31,733,552$0$0$27,947,251
92$34,717,309$0$0$30,576,816
93$37,997,437$0$0$33,467,634
94$41,603,916$0$0$36,646,132
95$45,569,775$0$0$40,141,429
96$49,931,402$0$0$43,985,603
97$54,728,890$0$0$48,214,001
98$60,006,414$0$0$52,865,563
99$65,812,643$0$0$57,983,198
100$72,201,203$0$0$63,614,180