Can I retire at age 35 with 690,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%15.4%
1 years$56,980$56,472$55,977$55,494$55,022$53,801
2 years$28,208$27,682$27,173$26,680$26,201$24,977
3 years$18,618$18,091$17,583$17,094$16,623$15,435
4 years$13,825$13,299$12,796$12,315$11,856$10,712
5 years$10,949$10,426$9,930$9,459$9,012$7,917
6 years$9,033$8,514$8,025$7,565$7,131$6,084
7 years$7,664$7,150$6,669$6,219$5,800$4,802
8 years$6,639$6,129$5,656$5,217$4,811$3,862
9 years$5,841$5,336$4,871$4,444$4,052$3,151
10 years$5,204$4,704$4,247$3,831$3,452$2,599
11 years$4,682$4,187$3,739$3,334$2,969$2,161
12 years$4,248$3,758$3,318$2,924$2,573$1,810
13 years$3,881$3,396$2,965$2,582$2,244$1,524
14 years$3,567$3,087$2,664$2,292$1,967$1,289
15 years$3,295$2,820$2,405$2,044$1,732$1,094
16 years$3,057$2,588$2,180$1,830$1,531$932
17 years$2,847$2,383$1,984$1,644$1,357$795
18 years$2,661$2,202$1,811$1,482$1,207$681
19 years$2,495$2,041$1,658$1,339$1,075$583
20 years$2,345$1,896$1,522$1,213$961$501
21 years$2,210$1,766$1,400$1,101$860$431
22 years$2,087$1,649$1,290$1,001$771$370
23 years$1,975$1,542$1,191$911$692$319
24 years$1,873$1,445$1,102$831$622$275
25 years$1,779$1,356$1,020$759$559$237
26 years$1,692$1,274$946$694$504$205
27 years$1,612$1,199$879$635$454$177
28 years$1,538$1,130$817$582$410$153
29 years$1,469$1,066$760$534$370$132
30 years$1,405$1,007$708$490$334$114
31 years$1,345$952$660$450$302$99
32 years$1,288$901$616$413$274$86
33 years$1,236$853$575$380$248$74
34 years$1,186$808$537$350$224$64
35 years$1,140$767$502$322$203$55
36 years$1,096$728$470$297$184$48
37 years$1,055$691$440$273$167$42
38 years$1,015$657$412$252$151$36
39 years$978$625$386$232$137$31
40 years$943$594$362$214$124$27
41 years$910$566$339$198$113$23
42 years$878$539$318$182$102$20
43 years$848$513$299$168$93$18
44 years$820$489$280$155$84$15
45 years$793$467$263$144$77$13
46 years$767$445$247$133$69$11
47 years$742$425$232$123$63$10
48 years$718$406$218$113$57$9
49 years$695$387$205$105$52$7
50 years$674$370$193$97$47$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $690,000, adding $3,406 every year, while hoping to spend $36,934 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: 55/22/23 Blend
34$690,000$690,000$690,000$690,000
35$763,893$727,323$716,628$800,931
36$802,513$723,665$701,338$823,053
37$843,834$718,589$684,297$842,968
38$888,093$711,987$665,409$863,875
39$935,549$703,746$644,571$885,881
40$986,487$693,741$621,676$909,105
41$1,041,219$681,845$596,613$933,680
42$1,100,089$667,921$569,265$959,754
43$1,163,472$651,823$539,509$987,494
44$1,231,783$633,399$507,219$1,017,084
45$1,305,474$612,485$472,261$1,048,731
46$1,385,046$588,910$434,495$1,082,663
47$1,471,046$562,492$393,776$1,119,138
48$1,564,077$533,038$349,951$1,158,439
49$1,664,801$500,345$302,863$1,200,884
50$1,773,946$464,198$252,344$1,246,824
51$1,892,313$424,368$198,222$1,296,652
52$2,020,782$380,616$140,316$1,350,803
53$2,160,322$332,686$78,437$1,409,760
54$2,311,998$280,311$12,388$1,474,059
55$2,476,982$223,206$0$1,544,298
56$2,656,562$161,071$0$1,635,395
57$2,852,158$93,590$0$1,737,997
58$3,065,331$20,428$0$1,849,929
59$3,297,797$0$0$1,972,151
60$3,551,450$0$0$2,119,949
61$3,828,369$0$0$2,286,763
62$4,130,846$0$0$2,469,036
63$4,461,403$0$0$2,668,294
64$4,822,817$0$0$2,886,221
65$5,218,145$0$0$3,124,668
66$5,650,754$0$0$3,385,673
67$6,124,351$0$0$3,671,484
68$6,643,016$0$0$3,984,572
69$7,211,246$0$0$4,327,660
70$7,833,991$0$0$4,703,749
71$8,516,702$0$0$5,116,141
72$9,265,385$0$0$5,568,474
73$10,086,653$0$0$6,064,755
74$10,987,790$0$0$6,609,398
75$11,976,820$0$0$7,207,265
76$13,062,583$0$0$7,863,711
77$14,254,813$0$0$8,584,636
78$15,564,236$0$0$9,376,538
79$17,002,666$0$0$10,246,576
80$18,583,118$0$0$11,202,638
81$20,319,931$0$0$12,253,412
82$22,228,902$0$0$13,408,471
83$24,327,432$0$0$14,678,359
84$26,634,694$0$0$16,074,696
85$29,171,812$0$0$17,610,282
86$31,962,057$0$0$19,299,222
87$35,031,072$0$0$21,157,052
88$38,407,106$0$0$23,200,895
89$42,121,285$0$0$25,449,613
90$46,207,906$0$0$27,923,991
91$50,704,754$0$0$30,646,928
92$55,653,466$0$0$33,643,658
93$61,099,917$0$0$36,941,982
94$67,094,654$0$0$40,572,536
95$73,693,374$0$0$44,569,074
96$80,957,449$0$0$48,968,791
97$88,954,500$0$0$53,812,669
98$97,759,042$0$0$59,145,868
99$107,453,179$0$0$65,018,149
100$118,127,384$0$0$71,484,344