Can I retire at age 35 with 687,000?

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 $687,000?

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$56,732$56,226$55,733$55,252$54,782$54,301
2 years$28,085$27,562$27,055$26,564$26,087$25,601
3 years$18,537$18,012$17,506$17,020$16,551$16,077
4 years$13,764$13,241$12,740$12,262$11,804$11,345
5 years$10,901$10,381$9,887$9,418$8,973$8,530
6 years$8,993$8,477$7,990$7,532$7,100$6,674
7 years$7,631$7,119$6,640$6,192$5,774$5,366
8 years$6,610$6,102$5,631$5,195$4,790$4,399
9 years$5,816$5,313$4,850$4,425$4,034$3,659
10 years$5,181$4,683$4,228$3,814$3,437$3,079
11 years$4,662$4,169$3,723$3,319$2,956$2,615
12 years$4,230$3,742$3,304$2,912$2,562$2,236
13 years$3,864$3,382$2,952$2,570$2,234$1,924
14 years$3,552$3,074$2,652$2,282$1,958$1,664
15 years$3,281$2,808$2,394$2,035$1,724$1,445
16 years$3,044$2,576$2,171$1,822$1,524$1,259
17 years$2,835$2,373$1,975$1,637$1,351$1,100
18 years$2,649$2,192$1,803$1,475$1,201$964
19 years$2,484$2,032$1,651$1,333$1,071$847
20 years$2,335$1,888$1,515$1,207$956$745
21 years$2,200$1,759$1,394$1,096$856$656
22 years$2,078$1,642$1,284$996$767$579
23 years$1,967$1,535$1,186$907$689$512
24 years$1,865$1,439$1,097$828$619$453
25 years$1,771$1,350$1,016$756$557$401
26 years$1,685$1,269$942$691$502$355
27 years$1,605$1,194$875$633$452$315
28 years$1,531$1,125$813$580$408$280
29 years$1,462$1,062$757$531$369$248
30 years$1,398$1,003$705$488$333$221
31 years$1,339$948$657$448$301$196
32 years$1,283$897$613$412$272$174
33 years$1,230$849$573$379$246$155
34 years$1,181$805$535$348$223$138
35 years$1,135$763$500$321$202$123
36 years$1,091$725$468$295$183$109
37 years$1,050$688$438$272$166$97
38 years$1,011$654$410$251$150$87
39 years$974$622$384$231$136$77
40 years$939$592$360$213$124$69
41 years$906$563$338$197$112$61
42 years$875$536$317$182$102$55
43 years$845$511$297$168$92$49
44 years$816$487$279$155$84$43
45 years$789$465$262$143$76$39
46 years$763$443$246$132$69$35
47 years$739$423$231$122$63$31
48 years$715$404$217$113$57$27
49 years$692$386$204$104$52$24
50 years$671$368$192$96$47$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $687,000, adding $2,767 every year, while hoping to spend $38,882 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: 54/39/7 Blend
34$687,000$687,000$687,000$687,000
35$759,928$723,517$712,869$799,570
36$796,071$717,599$695,380$820,776
37$834,597$710,088$676,002$839,327
38$875,708$700,865$654,630$858,575
39$919,626$689,804$631,156$878,593
40$966,594$676,770$605,466$899,461
41$1,016,877$661,622$577,439$921,271
42$1,070,767$644,210$546,952$944,128
43$1,128,584$624,375$513,874$968,146
44$1,190,679$601,949$478,068$993,457
45$1,257,438$576,755$439,393$1,020,206
46$1,329,284$548,603$397,700$1,048,558
47$1,406,681$517,294$352,833$1,078,697
48$1,490,139$482,619$304,630$1,110,828
49$1,580,220$444,353$252,921$1,145,183
50$1,677,538$402,262$197,530$1,182,017
51$1,782,771$356,097$138,272$1,221,620
52$1,896,663$305,595$74,953$1,264,312
53$2,020,032$250,478$7,373$1,310,451
54$2,153,776$190,453$0$1,360,439
55$2,298,884$125,208$0$1,419,556
56$2,456,445$54,418$0$1,484,366
57$2,627,653$0$0$1,554,887
58$2,813,825$0$0$1,641,309
59$3,016,409$0$0$1,760,819
60$3,236,996$0$0$1,891,009
61$3,477,341$0$0$2,032,922
62$3,739,371$0$0$2,187,705
63$4,025,209$0$0$2,356,620
64$4,337,192$0$0$2,541,056
65$4,677,892$0$0$2,742,542
66$5,050,139$0$0$2,962,762
67$5,457,052$0$0$3,203,570
68$5,902,061$0$0$3,467,006
69$6,388,946$0$0$3,755,317
70$6,921,867$0$0$4,070,979
71$7,505,404$0$0$4,416,716
72$8,144,604$0$0$4,795,529
73$8,845,023$0$0$5,210,722
74$9,612,778$0$0$5,665,936
75$10,454,610$0$0$6,165,179
76$11,377,941$0$0$6,712,865
77$12,390,945$0$0$7,313,860
78$13,502,629$0$0$7,973,518
79$14,722,910$0$0$8,697,742
80$16,062,714$0$0$9,493,030
81$17,534,078$0$0$10,366,544
82$19,150,259$0$0$11,326,171
83$20,925,864$0$0$12,380,600
84$22,876,982$0$0$13,539,404
85$25,021,339$0$0$14,813,130
86$27,378,465$0$0$16,213,397
87$29,969,873$0$0$17,753,004
88$32,819,267$0$0$19,446,055
89$35,952,762$0$0$21,308,088
90$39,399,130$0$0$23,356,222
91$43,190,072$0$0$25,609,320
92$47,360,516$0$0$28,088,162
93$51,948,944$0$0$30,815,647
94$56,997,757$0$0$33,817,004
95$62,553,676$0$0$37,120,032
96$68,668,176$0$0$40,755,359
97$75,397,976$0$0$44,756,737
98$82,805,574$0$0$49,161,351
99$90,959,833$0$0$54,010,177
100$99,936,631$0$0$59,348,367