Can I retire at age 35 with 690,000?

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 $690,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$56,980$56,472$55,977$55,494$55,022$54,132
2 years$28,208$27,682$27,173$26,680$26,201$25,307
3 years$18,618$18,091$17,583$17,094$16,623$15,753
4 years$13,825$13,299$12,796$12,315$11,856$11,016
5 years$10,949$10,426$9,930$9,459$9,012$8,206
6 years$9,033$8,514$8,025$7,565$7,131$6,358
7 years$7,664$7,150$6,669$6,219$5,800$5,060
8 years$6,639$6,129$5,656$5,217$4,811$4,106
9 years$5,841$5,336$4,871$4,444$4,052$3,380
10 years$5,204$4,704$4,247$3,831$3,452$2,813
11 years$4,682$4,187$3,739$3,334$2,969$2,362
12 years$4,248$3,758$3,318$2,924$2,573$1,997
13 years$3,881$3,396$2,965$2,582$2,244$1,698
14 years$3,567$3,087$2,664$2,292$1,967$1,451
15 years$3,295$2,820$2,405$2,044$1,732$1,245
16 years$3,057$2,588$2,180$1,830$1,531$1,071
17 years$2,847$2,383$1,984$1,644$1,357$924
18 years$2,661$2,202$1,811$1,482$1,207$800
19 years$2,495$2,041$1,658$1,339$1,075$693
20 years$2,345$1,896$1,522$1,213$961$602
21 years$2,210$1,766$1,400$1,101$860$523
22 years$2,087$1,649$1,290$1,001$771$455
23 years$1,975$1,542$1,191$911$692$397
24 years$1,873$1,445$1,102$831$622$346
25 years$1,779$1,356$1,020$759$559$302
26 years$1,692$1,274$946$694$504$264
27 years$1,612$1,199$879$635$454$231
28 years$1,538$1,130$817$582$410$202
29 years$1,469$1,066$760$534$370$177
30 years$1,405$1,007$708$490$334$155
31 years$1,345$952$660$450$302$136
32 years$1,288$901$616$413$274$119
33 years$1,236$853$575$380$248$104
34 years$1,186$808$537$350$224$91
35 years$1,140$767$502$322$203$80
36 years$1,096$728$470$297$184$70
37 years$1,055$691$440$273$167$61
38 years$1,015$657$412$252$151$54
39 years$978$625$386$232$137$47
40 years$943$594$362$214$124$41
41 years$910$566$339$198$113$36
42 years$878$539$318$182$102$32
43 years$848$513$299$168$93$28
44 years$820$489$280$155$84$25
45 years$793$467$263$144$77$22
46 years$767$445$247$133$69$19
47 years$742$425$232$123$63$17
48 years$718$406$218$113$57$15
49 years$695$387$205$105$52$13
50 years$674$370$193$97$47$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $690,000, adding $4,865 every year, while hoping to spend $20,437 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: 32/43/25 Blend
34$690,000$690,000$690,000$690,000
35$765,398$728,828$718,133$783,899
36$821,724$742,796$720,446$812,321
37$883,110$756,763$722,151$840,751
38$950,051$770,708$723,207$870,964
39$1,023,091$784,608$723,569$903,130
40$1,102,830$798,437$723,192$937,436
41$1,189,926$812,168$722,027$974,090
42$1,285,106$825,772$720,022$1,013,323
43$1,389,170$839,218$717,126$1,055,388
44$1,502,997$852,471$713,281$1,100,565
45$1,627,557$865,496$708,430$1,149,166
46$1,763,916$878,254$702,511$1,201,533
47$1,913,250$890,703$695,459$1,258,046
48$2,076,852$902,798$687,208$1,319,122
49$2,256,148$914,492$677,687$1,385,226
50$2,452,707$925,735$666,821$1,456,868
51$2,668,258$936,470$654,535$1,534,613
52$2,904,704$946,641$640,746$1,619,086
53$3,164,143$956,186$625,369$1,710,977
54$3,448,884$965,037$608,318$1,811,047
55$3,761,472$973,125$589,498$1,920,138
56$4,104,708$980,375$568,812$2,039,179
57$4,481,681$986,706$546,161$2,169,197
58$4,895,792$992,034$521,436$2,311,326
59$5,350,787$996,268$494,528$2,466,817
60$5,850,793$999,311$465,321$2,637,052
61$6,400,359$1,001,062$433,694$2,823,558
62$7,004,492$1,001,411$399,519$3,028,020
63$7,668,713$1,000,243$362,666$3,252,297
64$8,399,102$997,435$322,996$3,498,444
65$9,202,359$992,857$280,364$3,768,726
66$10,085,864$986,372$234,621$4,065,645
67$11,057,749$977,831$185,608$4,391,963
68$12,126,976$967,081$133,162$4,750,726
69$13,303,416$953,956$77,111$5,145,298
70$14,597,946$938,282$17,277$5,579,390
71$16,022,553$919,874$0$6,057,096
72$17,590,441$898,535$0$6,595,359
73$19,316,162$874,060$0$7,192,467
74$21,215,748$846,226$0$7,849,358
75$23,306,866$814,804$0$8,572,160
76$25,608,983$779,545$0$9,367,623
77$28,143,547$740,190$0$10,243,195
78$30,934,193$696,465$0$11,207,086
79$34,006,966$648,077$0$12,268,348
80$37,390,563$594,718$0$13,436,960
81$41,116,605$536,064$0$14,723,929
82$45,219,938$471,770$0$16,141,384
83$49,738,958$401,474$0$17,702,703
84$54,715,975$324,790$0$19,422,631
85$60,197,614$241,313$0$21,317,426
86$66,235,248$150,616$0$23,405,012
87$72,885,492$52,244$0$25,705,148
88$80,210,730$0$0$28,239,617
89$88,279,705$0$0$31,058,115
90$97,168,172$0$0$34,190,250
91$106,959,607$0$0$37,640,734
92$117,745,996$0$0$41,442,005
93$129,628,708$0$0$45,629,807
94$142,719,443$0$0$50,243,526
95$157,141,295$0$0$55,326,569
96$173,029,906$0$0$60,926,765
97$190,534,752$0$0$67,096,823
98$209,820,550$0$0$73,894,826
99$231,068,813$0$0$81,384,780
100$254,479,567$0$0$89,637,220