Can I retire at age 35 with 671,000?

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 $671,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$55,411$54,917$54,435$53,965$53,506$52,405
2 years$27,431$26,920$26,425$25,945$25,479$24,374
3 years$18,106$17,593$17,099$16,623$16,165$15,091
4 years$13,444$12,932$12,443$11,976$11,529$10,495
5 years$10,648$10,139$9,657$9,199$8,764$7,772
6 years$8,784$8,279$7,804$7,356$6,935$5,987
7 years$7,453$6,953$6,485$6,048$5,640$4,735
8 years$6,456$5,960$5,500$5,074$4,679$3,818
9 years$5,680$5,189$4,737$4,322$3,940$3,122
10 years$5,060$4,574$4,130$3,725$3,357$2,581
11 years$4,554$4,072$3,636$3,242$2,887$2,152
12 years$4,131$3,655$3,227$2,844$2,502$1,807
13 years$3,774$3,303$2,883$2,511$2,182$1,526
14 years$3,469$3,002$2,590$2,229$1,913$1,294
15 years$3,204$2,743$2,339$1,988$1,684$1,101
16 years$2,973$2,516$2,120$1,780$1,488$941
17 years$2,769$2,317$1,929$1,599$1,320$805
18 years$2,588$2,141$1,761$1,441$1,173$691
19 years$2,426$1,985$1,612$1,302$1,046$594
20 years$2,281$1,844$1,480$1,179$934$512
21 years$2,149$1,718$1,361$1,070$836$441
22 years$2,030$1,604$1,254$973$749$381
23 years$1,921$1,500$1,158$886$673$329
24 years$1,821$1,405$1,071$808$605$285
25 years$1,730$1,319$992$738$544$246
26 years$1,646$1,239$920$675$490$213
27 years$1,568$1,166$854$618$442$185
28 years$1,496$1,099$794$566$399$160
29 years$1,428$1,037$739$519$360$139
30 years$1,366$979$689$476$325$121
31 years$1,307$926$642$438$294$105
32 years$1,253$876$599$402$266$91
33 years$1,202$829$559$370$241$79
34 years$1,154$786$522$340$218$68
35 years$1,108$746$488$313$197$59
36 years$1,066$708$457$288$179$52
37 years$1,025$672$428$266$162$45
38 years$987$639$401$245$147$39
39 years$951$607$375$226$133$34
40 years$917$578$352$208$121$29
41 years$885$550$330$192$110$26
42 years$854$524$309$177$100$22
43 years$825$499$290$164$90$19
44 years$797$476$273$151$82$17
45 years$771$454$256$140$74$15
46 years$745$433$240$129$68$13
47 years$721$413$226$119$61$11
48 years$698$394$212$110$56$10
49 years$676$377$199$102$51$8
50 years$655$360$187$94$46$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $671,000, adding $6,515 every year, while hoping to spend $22,235 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: 82/11/7 Blend
34$671,000$671,000$671,000$671,000
35$746,162$710,599$700,199$806,300
36$798,613$721,761$699,998$857,746
37$855,668$732,724$699,044$910,567
38$917,775$743,456$697,291$967,871
39$985,423$753,920$694,685$1,030,092
40$1,059,154$764,080$691,174$1,097,711
41$1,139,561$773,893$686,703$1,171,256
42$1,227,300$783,318$681,211$1,251,310
43$1,323,090$792,306$674,637$1,338,514
44$1,427,725$800,809$666,917$1,433,574
45$1,542,078$808,774$657,984$1,537,268
46$1,667,110$816,143$647,766$1,650,453
47$1,803,879$822,858$636,190$1,774,072
48$1,953,550$828,853$623,178$1,909,167
49$2,117,406$834,061$608,648$2,056,883
50$2,296,860$838,409$592,517$2,218,482
51$2,493,468$841,819$574,694$2,395,354
52$2,708,944$844,210$555,088$2,589,032
53$2,945,174$845,494$533,602$2,801,204
54$3,204,237$845,579$510,132$3,033,731
55$3,488,422$844,365$484,575$3,288,662
56$3,800,250$841,748$456,817$3,568,255
57$4,142,499$837,617$426,744$3,875,000
58$4,518,228$831,855$394,234$4,211,637
59$4,930,808$824,336$359,161$4,581,190
60$5,383,949$814,927$321,392$4,986,988
61$5,881,742$803,489$280,789$5,432,700
62$6,428,692$789,872$237,208$5,922,369
63$7,029,762$773,919$190,497$6,460,452
64$7,690,419$755,463$140,501$7,051,859
65$8,416,687$734,326$87,053$7,702,001
66$9,215,203$710,321$29,983$8,416,840
67$10,093,278$683,251$0$9,202,949
68$11,058,967$652,905$0$10,069,878
69$12,121,146$619,062$0$11,025,839
70$13,289,594$581,487$0$12,077,398
71$14,575,084$539,931$0$13,234,264
72$15,989,487$494,133$0$14,507,133
73$17,545,884$443,814$0$15,907,792
74$19,258,685$388,683$0$17,449,231
75$21,143,771$328,428$0$19,145,763
76$23,218,637$262,722$0$21,013,161
77$25,502,563$191,220$0$23,068,806
78$28,016,791$113,557$0$25,331,853
79$30,784,729$29,347$0$27,823,408
80$33,832,170$0$0$30,566,731
81$37,187,532$0$0$33,594,937
82$40,882,132$0$0$36,933,235
83$44,950,477$0$0$40,609,256
84$49,430,593$0$0$44,657,359
85$54,364,378$0$0$49,115,406
86$59,798,003$0$0$54,025,119
87$65,782,344$0$0$59,432,470
88$72,373,463$0$0$65,388,120
89$79,633,139$0$0$71,947,893
90$87,629,445$0$0$79,173,304
91$96,437,396$0$0$87,132,138
92$106,139,656$0$0$95,899,092
93$116,827,314$0$0$105,556,480
94$128,600,748$0$0$116,195,005
95$141,570,569$0$0$127,914,620
96$155,858,667$0$0$140,825,470
97$171,599,360$0$0$155,048,927
98$188,940,661$0$0$170,718,745
99$208,045,678$0$0$187,982,311
100$229,094,147$0$0$207,002,043