Can I retire at age 35 with 661,000?

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 $661,000?

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$54,585$54,099$53,624$53,161$52,709$51,540
2 years$27,022$26,519$26,031$25,558$25,100$23,927
3 years$17,836$17,330$16,844$16,375$15,924$14,786
4 years$13,244$12,740$12,258$11,798$11,357$10,262
5 years$10,489$9,988$9,513$9,062$8,634$7,584
6 years$8,653$8,156$7,688$7,247$6,831$5,829
7 years$7,342$6,849$6,389$5,958$5,556$4,600
8 years$6,360$5,871$5,418$4,998$4,609$3,700
9 years$5,596$5,112$4,666$4,257$3,882$3,018
10 years$4,985$4,506$4,068$3,670$3,307$2,489
11 years$4,486$4,011$3,582$3,194$2,844$2,070
12 years$4,070$3,600$3,179$2,801$2,465$1,734
13 years$3,718$3,254$2,840$2,473$2,149$1,460
14 years$3,417$2,958$2,552$2,195$1,884$1,235
15 years$3,156$2,702$2,304$1,958$1,659$1,048
16 years$2,928$2,479$2,089$1,753$1,466$893
17 years$2,728$2,283$1,901$1,575$1,300$762
18 years$2,549$2,109$1,735$1,420$1,156$652
19 years$2,390$1,955$1,588$1,283$1,030$559
20 years$2,247$1,817$1,458$1,162$920$480
21 years$2,117$1,692$1,341$1,054$824$412
22 years$2,000$1,580$1,236$959$738$355
23 years$1,892$1,477$1,141$873$663$306
24 years$1,794$1,384$1,055$796$596$264
25 years$1,704$1,299$977$727$536$227
26 years$1,621$1,221$906$665$483$196
27 years$1,544$1,149$842$609$435$170
28 years$1,473$1,083$783$558$393$147
29 years$1,407$1,021$728$511$355$127
30 years$1,346$965$678$469$320$110
31 years$1,288$912$632$431$290$95
32 years$1,234$863$590$396$262$82
33 years$1,184$817$551$364$237$71
34 years$1,136$774$515$335$215$61
35 years$1,092$735$481$309$194$53
36 years$1,050$697$450$284$176$46
37 years$1,010$662$421$262$160$40
38 years$973$629$395$241$145$34
39 years$937$598$370$222$131$30
40 years$904$569$346$205$119$26
41 years$872$542$325$189$108$22
42 years$842$516$305$175$98$19
43 years$813$492$286$161$89$17
44 years$785$469$268$149$81$15
45 years$759$447$252$138$73$13
46 years$734$426$237$127$67$11
47 years$711$407$222$117$60$9
48 years$688$388$209$108$55$8
49 years$666$371$196$100$50$7
50 years$645$354$185$93$45$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $661,000, adding $2,050 every year, while hoping to spend $44,871 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: 50/34/16 Blend
34$661,000$661,000$661,000$661,000
35$730,537$695,504$685,258$763,744
36$757,309$681,841$660,472$773,164
37$785,308$666,005$633,351$778,569
38$814,612$647,841$603,771$783,459
39$845,305$627,188$571,600$787,802
40$877,478$603,872$536,700$791,563
41$911,230$577,711$498,929$794,708
42$946,668$548,512$458,136$797,203
43$983,910$516,071$414,165$799,014
44$1,023,082$480,171$366,853$800,107
45$1,064,322$440,586$316,028$800,448
46$1,107,781$397,072$261,513$800,004
47$1,153,621$349,375$203,121$798,745
48$1,202,022$297,227$140,657$796,640
49$1,253,178$240,340$73,919$793,662
50$1,307,302$178,416$2,694$789,784
51$1,364,624$111,136$0$784,986
52$1,425,398$38,164$0$791,765
53$1,489,901$0$0$798,896
54$1,558,436$0$0$821,236
55$1,631,332$0$0$860,222
56$1,708,954$0$0$901,774
57$1,791,696$0$0$946,109
58$1,879,993$0$0$993,466
59$1,974,322$0$0$1,044,105
60$2,075,203$0$0$1,098,312
61$2,183,208$0$0$1,156,402
62$2,298,964$0$0$1,218,717
63$2,423,159$0$0$1,285,636
64$2,556,547$0$0$1,357,573
65$2,699,957$0$0$1,434,983
66$2,854,298$0$0$1,518,365
67$3,020,569$0$0$1,608,268
68$3,199,866$0$0$1,705,294
69$3,393,393$0$0$1,810,106
70$3,602,476$0$0$1,923,432
71$3,828,569$0$0$2,046,070
72$4,073,269$0$0$2,178,901
73$4,338,337$0$0$2,322,891
74$4,625,703$0$0$2,479,103
75$4,937,494$0$0$2,648,705
76$5,276,046$0$0$2,832,984
77$5,643,931$0$0$3,033,354
78$6,043,976$0$0$3,251,371
79$6,479,294$0$0$3,488,747
80$6,953,307$0$0$3,747,366
81$7,469,784$0$0$4,029,301
82$8,032,868$0$0$4,336,834
83$8,647,124$0$0$4,672,477
84$9,317,574$0$0$5,038,994
85$10,049,746$0$0$5,439,429
86$10,849,725$0$0$5,877,131
87$11,724,211$0$0$6,355,789
88$12,680,581$0$0$6,879,465
89$13,726,957$0$0$7,452,631
90$14,872,281$0$0$8,080,210
91$16,126,402$0$0$8,767,627
92$17,500,162$0$0$9,520,851
93$19,005,506$0$0$10,346,461
94$20,655,585$0$0$11,251,699
95$22,464,885$0$0$12,244,543
96$24,449,360$0$0$13,333,780
97$26,626,582$0$0$14,529,088
98$29,015,908$0$0$15,841,129
99$31,638,658$0$0$17,281,645
100$34,518,317$0$0$18,863,572