Can I retire at age 35 with 679,000?

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 $679,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$56,071$55,572$55,084$54,609$54,144$53,116
2 years$27,758$27,241$26,740$26,254$25,783$24,751
3 years$18,322$17,802$17,303$16,821$16,358$15,355
4 years$13,604$13,087$12,592$12,119$11,667$10,700
5 years$10,775$10,260$9,772$9,308$8,869$7,941
6 years$8,889$8,378$7,897$7,444$7,018$6,129
7 years$7,542$7,036$6,562$6,120$5,707$4,859
8 years$6,533$6,031$5,566$5,134$4,735$3,927
9 years$5,748$5,251$4,794$4,373$3,987$3,219
10 years$5,121$4,629$4,179$3,770$3,397$2,668
11 years$4,608$4,121$3,679$3,281$2,922$2,230
12 years$4,181$3,698$3,265$2,878$2,532$1,877
13 years$3,819$3,342$2,917$2,541$2,208$1,589
14 years$3,510$3,038$2,621$2,255$1,935$1,351
15 years$3,242$2,775$2,367$2,011$1,704$1,154
16 years$3,008$2,546$2,146$1,801$1,506$988
17 years$2,802$2,345$1,952$1,618$1,335$848
18 years$2,619$2,167$1,782$1,458$1,187$730
19 years$2,455$2,008$1,632$1,318$1,058$629
20 years$2,308$1,866$1,497$1,193$945$544
21 years$2,175$1,738$1,377$1,083$846$470
22 years$2,054$1,623$1,269$985$758$407
23 years$1,944$1,518$1,172$897$681$353
24 years$1,843$1,422$1,084$818$612$306
25 years$1,751$1,334$1,004$747$551$266
26 years$1,665$1,254$931$683$496$231
27 years$1,586$1,180$865$625$447$201
28 years$1,513$1,112$804$573$403$175
29 years$1,445$1,049$748$525$364$152
30 years$1,382$991$697$482$329$132
31 years$1,323$937$650$443$298$115
32 years$1,268$886$606$407$269$100
33 years$1,216$839$566$374$244$87
34 years$1,167$795$529$344$221$76
35 years$1,122$755$494$317$200$66
36 years$1,078$716$462$292$181$58
37 years$1,038$680$433$269$164$50
38 years$999$646$405$248$149$44
39 years$963$615$380$229$135$38
40 years$928$585$356$211$122$33
41 years$896$557$334$194$111$29
42 years$864$530$313$179$101$25
43 years$835$505$294$166$91$22
44 years$807$482$276$153$83$19
45 years$780$459$259$141$75$17
46 years$754$438$243$131$68$15
47 years$730$418$228$121$62$13
48 years$707$399$215$111$56$11
49 years$684$381$202$103$51$10
50 years$663$364$190$95$47$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $679,000, adding $6,902 every year, while hoping to spend $21,259 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: 29/50/21 Blend
34$679,000$679,000$679,000$679,000
35$755,377$719,390$708,866$772,137
36$809,806$732,021$709,994$798,219
37$869,075$744,558$710,446$823,877
38$933,654$756,975$710,179$851,015
39$1,004,061$769,241$709,145$879,772
40$1,080,869$781,327$707,295$910,303
41$1,164,704$793,199$704,576$942,781
42$1,256,258$804,820$700,933$977,395
43$1,356,292$816,152$696,311$1,014,357
44$1,465,645$827,155$690,648$1,053,900
45$1,585,238$837,783$683,882$1,096,281
46$1,716,088$847,990$675,948$1,141,788
47$1,859,314$857,726$666,777$1,190,735
48$2,016,146$866,936$656,296$1,243,473
49$2,187,941$875,564$644,430$1,300,388
50$2,376,193$883,549$631,100$1,361,910
51$2,582,546$890,825$616,224$1,428,511
52$2,808,813$897,323$599,715$1,500,716
53$3,056,989$902,969$581,483$1,579,104
54$3,329,272$907,684$561,432$1,664,315
55$3,628,083$911,385$539,465$1,757,059
56$3,956,087$913,983$515,477$1,858,118
57$4,316,224$915,384$489,361$1,968,358
58$4,711,727$915,487$461,004$2,088,736
59$5,146,163$914,185$430,286$2,220,309
60$5,623,457$911,365$397,086$2,364,247
61$6,147,934$906,907$361,274$2,521,840
62$6,724,362$900,684$322,715$2,694,517
63$7,357,989$892,559$281,268$2,883,852
64$8,054,600$882,391$236,786$3,091,588
65$8,820,567$870,026$189,117$3,319,649
66$9,662,912$855,304$138,099$3,570,158
67$10,589,369$838,054$83,565$3,845,462
68$11,608,461$818,095$25,341$4,148,152
69$12,729,578$795,236$0$4,481,090
70$13,963,067$769,275$0$4,855,678
71$15,320,326$739,995$0$5,273,755
72$16,813,916$707,172$0$5,733,531
73$18,457,676$670,564$0$6,239,304
74$20,266,855$629,917$0$6,795,812
75$22,258,254$584,963$0$7,408,284
76$24,450,388$535,419$0$8,082,488
77$26,863,656$480,983$0$8,824,784
78$29,520,537$421,338$0$9,642,191
79$32,445,798$356,150$0$10,542,446
80$35,666,732$285,064$0$11,534,085
81$39,213,412$207,706$0$12,626,524
82$43,118,976$123,680$0$13,830,144
83$47,419,941$32,569$0$15,156,397
84$52,156,544$0$0$16,617,908
85$57,373,122$0$0$18,264,955
86$63,118,535$0$0$20,098,858
87$69,446,621$0$0$22,118,902
88$76,416,706$0$0$24,344,044
89$84,094,166$0$0$26,795,174
90$92,551,040$0$0$29,495,313
91$101,866,711$0$0$32,469,828
92$112,128,659$0$0$35,746,672
93$123,433,278$0$0$39,356,649
94$135,886,795$0$0$43,333,704
95$149,606,266$0$0$47,715,243
96$164,720,681$0$0$52,542,486
97$181,372,186$0$0$57,860,857
98$199,717,419$0$0$63,720,412
99$219,928,992$0$0$70,176,310
100$242,197,118$0$0$77,289,337