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%11.9%
1 years$55,989$55,490$55,003$54,528$54,065$53,634
2 years$27,717$27,201$26,701$26,216$25,745$25,311
3 years$18,295$17,776$17,277$16,797$16,334$15,910
4 years$13,584$13,067$12,573$12,101$11,649$11,239
5 years$10,759$10,245$9,757$9,295$8,856$8,459
6 years$8,876$8,366$7,885$7,433$7,007$6,626
7 years$7,531$7,026$6,553$6,111$5,699$5,332
8 years$6,523$6,022$5,557$5,126$4,728$4,377
9 years$5,740$5,243$4,787$4,367$3,981$3,645
10 years$5,113$4,622$4,173$3,764$3,392$3,071
11 years$4,601$4,115$3,674$3,276$2,917$2,611
12 years$4,174$3,693$3,260$2,873$2,528$2,236
13 years$3,814$3,337$2,913$2,537$2,205$1,926
14 years$3,505$3,034$2,617$2,252$1,933$1,668
15 years$3,238$2,771$2,363$2,008$1,702$1,450
16 years$3,004$2,543$2,142$1,798$1,504$1,266
17 years$2,798$2,342$1,950$1,616$1,333$1,108
18 years$2,615$2,164$1,780$1,456$1,186$972
19 years$2,451$2,005$1,629$1,316$1,057$855
20 years$2,304$1,863$1,495$1,192$944$753
21 years$2,172$1,736$1,375$1,081$845$665
22 years$2,051$1,620$1,268$983$757$587
23 years$1,941$1,515$1,170$895$680$520
24 years$1,840$1,420$1,082$817$611$461
25 years$1,748$1,332$1,003$746$550$408
26 years$1,663$1,252$930$682$495$363
27 years$1,584$1,179$863$624$446$322
28 years$1,511$1,111$803$572$403$286
29 years$1,443$1,048$747$524$364$255
30 years$1,380$989$696$481$329$227
31 years$1,321$935$649$442$297$202
32 years$1,266$885$605$406$269$180
33 years$1,214$838$565$374$243$160
34 years$1,166$794$528$344$220$143
35 years$1,120$753$494$316$199$127
36 years$1,077$715$462$291$181$113
37 years$1,036$679$432$269$164$101
38 years$998$645$405$248$149$90
39 years$961$614$379$228$135$81
40 years$927$584$355$210$122$72
41 years$894$556$333$194$111$64
42 years$863$529$313$179$101$57
43 years$834$504$293$165$91$51
44 years$806$481$275$153$83$46
45 years$779$458$259$141$75$41
46 years$753$437$243$130$68$36
47 years$729$417$228$120$62$33
48 years$706$398$214$111$56$29
49 years$683$381$202$103$51$26
50 years$662$363$189$95$46$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $678,000, adding $3,512 every year, while hoping to spend $33,329 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: 57/25/18 Blend
34$678,000$678,000$678,000$678,000
35$750,779$714,845$704,336$789,813
36$791,896$714,410$692,469$816,306
37$836,091$712,837$679,088$841,250
38$883,641$710,035$664,106$867,684
39$934,853$705,908$647,434$895,759
40$990,062$700,351$628,978$925,641
41$1,049,638$693,259$608,638$957,516
42$1,113,987$684,514$586,313$991,590
43$1,183,553$673,995$561,895$1,028,089
44$1,258,828$661,572$535,270$1,067,267
45$1,340,349$647,110$506,322$1,109,405
46$1,428,708$630,462$474,927$1,154,814
47$1,524,557$611,475$440,958$1,203,838
48$1,628,611$589,987$404,279$1,256,860
49$1,741,658$565,825$364,751$1,314,303
50$1,864,564$538,807$322,227$1,376,637
51$1,998,282$508,741$276,554$1,444,380
52$2,143,860$475,423$227,573$1,518,110
53$2,302,453$438,637$175,115$1,598,463
54$2,475,329$398,157$119,008$1,686,145
55$2,663,887$353,741$59,069$1,781,936
56$2,869,664$305,135$0$1,886,701
57$3,094,353$252,070$0$2,002,337
58$3,339,818$194,262$0$2,141,128
59$3,608,110$131,412$0$2,292,929
60$3,901,489$63,202$0$2,459,074
61$4,222,441$0$0$2,641,038
62$4,573,704$0$0$2,843,391
63$4,958,294$0$0$3,084,037
64$5,379,532$0$0$3,347,674
65$5,841,074$0$0$3,636,597
66$6,346,947$0$0$3,953,335
67$6,901,587$0$0$4,300,674
68$7,509,879$0$0$4,681,680
69$8,177,203$0$0$5,099,732
70$8,909,486$0$0$5,558,552
71$9,713,255$0$0$6,062,239
72$10,595,700$0$0$6,615,309
73$11,564,744$0$0$7,222,735
74$12,629,111$0$0$7,889,998
75$13,798,413$0$0$8,623,134
76$15,083,240$0$0$9,428,792
77$16,495,258$0$0$10,314,301
78$18,047,316$0$0$11,287,730
79$19,753,576$0$0$12,357,971
80$21,629,635$0$0$13,534,823
81$23,692,680$0$0$14,829,078
82$25,961,645$0$0$16,252,629
83$28,457,393$0$0$17,818,578
84$31,202,908$0$0$19,541,361
85$34,223,516$0$0$21,436,885
86$37,547,120$0$0$23,522,675
87$41,204,465$0$0$25,818,041
88$45,229,426$0$0$28,344,260
89$49,659,330$0$0$31,124,776
90$54,535,304$0$0$34,185,421
91$59,902,665$0$0$37,554,658
92$65,811,347$0$0$41,263,851
93$72,316,371$0$0$45,347,557
94$79,478,364$0$0$49,843,858
95$87,364,130$0$0$54,794,713
96$96,047,281$0$0$60,246,359
97$105,608,933$0$0$66,249,744
98$116,138,465$0$0$72,861,010
99$127,734,369$0$0$80,142,019
100$140,505,172$0$0$88,160,941