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%14.4%
1 years$56,980$56,472$55,977$55,494$55,022$54,021
2 years$28,208$27,682$27,173$26,680$26,201$25,196
3 years$18,618$18,091$17,583$17,094$16,623$15,646
4 years$13,825$13,299$12,796$12,315$11,856$10,914
5 years$10,949$10,426$9,930$9,459$9,012$8,108
6 years$9,033$8,514$8,025$7,565$7,131$6,265
7 years$7,664$7,150$6,669$6,219$5,800$4,973
8 years$6,639$6,129$5,656$5,217$4,811$4,023
9 years$5,841$5,336$4,871$4,444$4,052$3,302
10 years$5,204$4,704$4,247$3,831$3,452$2,740
11 years$4,682$4,187$3,739$3,334$2,969$2,293
12 years$4,248$3,758$3,318$2,924$2,573$1,933
13 years$3,881$3,396$2,965$2,582$2,244$1,638
14 years$3,567$3,087$2,664$2,292$1,967$1,395
15 years$3,295$2,820$2,405$2,044$1,732$1,193
16 years$3,057$2,588$2,180$1,830$1,531$1,023
17 years$2,847$2,383$1,984$1,644$1,357$879
18 years$2,661$2,202$1,811$1,482$1,207$758
19 years$2,495$2,041$1,658$1,339$1,075$655
20 years$2,345$1,896$1,522$1,213$961$566
21 years$2,210$1,766$1,400$1,101$860$490
22 years$2,087$1,649$1,290$1,001$771$425
23 years$1,975$1,542$1,191$911$692$369
24 years$1,873$1,445$1,102$831$622$321
25 years$1,779$1,356$1,020$759$559$279
26 years$1,692$1,274$946$694$504$243
27 years$1,612$1,199$879$635$454$211
28 years$1,538$1,130$817$582$410$184
29 years$1,469$1,066$760$534$370$160
30 years$1,405$1,007$708$490$334$140
31 years$1,345$952$660$450$302$122
32 years$1,288$901$616$413$274$106
33 years$1,236$853$575$380$248$93
34 years$1,186$808$537$350$224$81
35 years$1,140$767$502$322$203$71
36 years$1,096$728$470$297$184$62
37 years$1,055$691$440$273$167$54
38 years$1,015$657$412$252$151$47
39 years$978$625$386$232$137$41
40 years$943$594$362$214$124$36
41 years$910$566$339$198$113$31
42 years$878$539$318$182$102$27
43 years$848$513$299$168$93$24
44 years$820$489$280$155$84$21
45 years$793$467$263$144$77$18
46 years$767$445$247$133$69$16
47 years$742$425$232$123$63$14
48 years$718$406$218$113$57$12
49 years$695$387$205$105$52$11
50 years$674$370$193$97$47$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $690,000, adding $2,998 every year, while hoping to spend $41,417 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: 44/49/7 Blend
34$690,000$690,000$690,000$690,000
35$763,472$726,902$716,207$795,421
36$797,279$718,453$696,133$809,378
37$833,146$708,202$673,998$819,997
38$871,240$696,017$649,690$830,548
39$911,742$681,757$623,090$841,038
40$954,852$665,275$594,076$851,479
41$1,000,788$646,415$562,518$861,887
42$1,049,788$625,009$528,282$872,282
43$1,102,114$600,882$491,227$882,690
44$1,158,053$573,848$451,207$893,146
45$1,217,918$543,711$408,066$903,688
46$1,282,055$510,262$361,645$914,366
47$1,350,840$473,281$311,776$925,237
48$1,424,690$432,535$258,285$936,371
49$1,504,058$387,779$200,987$947,848
50$1,589,444$338,752$139,692$959,764
51$1,681,396$285,181$74,201$972,228
52$1,780,518$226,773$4,306$985,369
53$1,887,470$163,224$0$999,334
54$2,002,979$94,209$0$1,019,543
55$2,127,844$19,387$0$1,041,626
56$2,262,943$0$0$1,065,499
57$2,409,241$0$0$1,124,653
58$2,567,798$0$0$1,200,163
59$2,739,783$0$0$1,282,141
60$2,926,477$0$0$1,371,206
61$3,129,292$0$0$1,468,041
62$3,349,779$0$0$1,573,399
63$3,589,648$0$0$1,688,104
64$3,850,776$0$0$1,813,068
65$4,135,231$0$0$1,949,291
66$4,445,288$0$0$2,097,874
67$4,783,452$0$0$2,260,029
68$5,152,477$0$0$2,437,092
69$5,555,398$0$0$2,630,532
70$5,995,555$0$0$2,841,965
71$6,476,622$0$0$3,073,172
72$7,002,649$0$0$3,326,115
73$7,578,091$0$0$3,602,951
74$8,207,854$0$0$3,906,058
75$8,897,343$0$0$4,238,054
76$9,652,506$0$0$4,601,821
77$10,479,897$0$0$5,000,534
78$11,386,731$0$0$5,437,689
79$12,380,955$0$0$5,917,138
80$13,471,323$0$0$6,443,122
81$14,667,475$0$0$7,020,313
82$15,980,029$0$0$7,653,858
83$17,420,684$0$0$8,349,424
84$19,002,321$0$0$9,113,257
85$20,739,135$0$0$9,952,234
86$22,646,758$0$0$10,873,935
87$24,742,415$0$0$11,886,705
88$27,045,078$0$0$12,999,743
89$29,575,649$0$0$14,223,179
90$32,357,155$0$0$15,568,176
91$35,414,966$0$0$17,047,031
92$38,777,031$0$0$18,673,292
93$42,474,143$0$0$20,461,887
94$46,540,229$0$0$22,429,262
95$51,012,668$0$0$24,593,538
96$55,932,645$0$0$26,974,679
97$61,345,534$0$0$29,594,684
98$67,301,332$0$0$32,477,789
99$73,855,127$0$0$35,650,702
100$81,067,614$0$0$39,142,847