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%11.4%
1 years$56,071$55,572$55,084$54,609$54,144$53,826
2 years$27,758$27,241$26,740$26,254$25,783$25,462
3 years$18,322$17,802$17,303$16,821$16,358$16,043
4 years$13,604$13,087$12,592$12,119$11,667$11,362
5 years$10,775$10,260$9,772$9,308$8,869$8,574
6 years$8,889$8,378$7,897$7,444$7,018$6,734
7 years$7,542$7,036$6,562$6,120$5,707$5,435
8 years$6,533$6,031$5,566$5,134$4,735$4,473
9 years$5,748$5,251$4,794$4,373$3,987$3,737
10 years$5,121$4,629$4,179$3,770$3,397$3,157
11 years$4,608$4,121$3,679$3,281$2,922$2,693
12 years$4,181$3,698$3,265$2,878$2,532$2,313
13 years$3,819$3,342$2,917$2,541$2,208$1,999
14 years$3,510$3,038$2,621$2,255$1,935$1,737
15 years$3,242$2,775$2,367$2,011$1,704$1,515
16 years$3,008$2,546$2,146$1,801$1,506$1,327
17 years$2,802$2,345$1,952$1,618$1,335$1,165
18 years$2,619$2,167$1,782$1,458$1,187$1,026
19 years$2,455$2,008$1,632$1,318$1,058$905
20 years$2,308$1,866$1,497$1,193$945$801
21 years$2,175$1,738$1,377$1,083$846$709
22 years$2,054$1,623$1,269$985$758$629
23 years$1,944$1,518$1,172$897$681$559
24 years$1,843$1,422$1,084$818$612$497
25 years$1,751$1,334$1,004$747$551$443
26 years$1,665$1,254$931$683$496$394
27 years$1,586$1,180$865$625$447$352
28 years$1,513$1,112$804$573$403$314
29 years$1,445$1,049$748$525$364$280
30 years$1,382$991$697$482$329$250
31 years$1,323$937$650$443$298$224
32 years$1,268$886$606$407$269$200
33 years$1,216$839$566$374$244$179
34 years$1,167$795$529$344$221$160
35 years$1,122$755$494$317$200$144
36 years$1,078$716$462$292$181$129
37 years$1,038$680$433$269$164$115
38 years$999$646$405$248$149$103
39 years$963$615$380$229$135$92
40 years$928$585$356$211$122$83
41 years$896$557$334$194$111$74
42 years$864$530$313$179$101$67
43 years$835$505$294$166$91$60
44 years$807$482$276$153$83$54
45 years$780$459$259$141$75$48
46 years$754$438$243$131$68$43
47 years$730$418$228$121$62$39
48 years$707$399$215$111$56$35
49 years$684$381$202$103$51$31
50 years$663$364$190$95$47$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $679,000, adding $3,147 every year, while hoping to spend $42,145 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: 42/30/28 Blend
34$679,000$679,000$679,000$679,000
35$751,504$715,517$704,993$776,793
36$783,316$705,736$683,768$785,514
37$816,959$694,062$660,420$790,750
38$852,578$680,360$634,832$795,617
39$890,326$664,483$606,885$800,105
40$930,375$646,278$576,451$804,209
41$972,909$625,582$543,398$807,925
42$1,018,133$602,222$507,589$811,252
43$1,066,268$576,016$468,878$814,196
44$1,117,557$546,771$427,116$816,764
45$1,172,268$514,283$382,145$818,970
46$1,230,693$478,336$333,799$820,833
47$1,293,150$438,701$281,908$822,380
48$1,359,991$395,137$226,292$823,646
49$1,431,600$347,389$166,763$824,674
50$1,508,400$295,188$103,126$825,519
51$1,590,853$238,248$35,177$826,245
52$1,679,467$176,269$0$826,932
53$1,774,799$108,933$0$838,828
54$1,877,462$35,904$0$862,830
55$1,988,128$0$0$888,616
56$2,107,535$0$0$930,662
57$2,236,496$0$0$988,940
58$2,375,901$0$0$1,052,007
59$2,526,732$0$0$1,120,316
60$2,690,064$0$0$1,194,364
61$2,867,082$0$0$1,274,698
62$3,059,090$0$0$1,361,920
63$3,267,519$0$0$1,456,689
64$3,493,944$0$0$1,559,735
65$3,740,098$0$0$1,671,857
66$4,007,887$0$0$1,793,935
67$4,299,410$0$0$1,926,940
68$4,616,974$0$0$2,071,937
69$4,963,118$0$0$2,230,099
70$5,340,638$0$0$2,402,719
71$5,752,611$0$0$2,591,219
72$6,202,423$0$0$2,797,163
73$6,693,801$0$0$3,022,275
74$7,230,850$0$0$3,268,452
75$7,818,088$0$0$3,537,784
76$8,460,490$0$0$3,832,570
77$9,163,532$0$0$4,155,343
78$9,933,247$0$0$4,508,891
79$10,776,277$0$0$4,896,288
80$11,699,935$0$0$5,320,915
81$12,712,278$0$0$5,786,498
82$13,822,177$0$0$6,297,140
83$15,039,402$0$0$6,857,360
84$16,374,717$0$0$7,472,138
85$17,839,974$0$0$8,146,955
86$19,448,232$0$0$8,887,853
87$21,213,872$0$0$9,701,485
88$23,152,737$0$0$10,595,179
89$25,282,281$0$0$11,577,011
90$27,621,730$0$0$12,655,875
91$30,192,262$0$0$13,841,571
92$33,017,213$0$0$15,144,893
93$36,122,286$0$0$16,577,736
94$39,535,803$0$0$18,153,204
95$43,288,962$0$0$19,885,732
96$47,416,141$0$0$21,791,226
97$51,955,210$0$0$23,887,210
98$56,947,897$0$0$26,192,994
99$62,440,175$0$0$28,729,849
100$68,482,699$0$0$31,521,217