Can I retire at age 35 with 672,000?

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 $672,000?

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$55,493$54,999$54,517$54,046$53,586$52,483
2 years$27,472$26,960$26,464$25,984$25,517$24,411
3 years$18,133$17,619$17,124$16,648$16,189$15,114
4 years$13,464$12,952$12,462$11,994$11,546$10,510
5 years$10,663$10,154$9,671$9,212$8,777$7,784
6 years$8,797$8,292$7,816$7,367$6,945$5,995
7 years$7,464$6,963$6,495$6,057$5,648$4,742
8 years$6,465$5,969$5,508$5,081$4,686$3,823
9 years$5,689$5,197$4,744$4,328$3,946$3,127
10 years$5,068$4,581$4,136$3,731$3,362$2,585
11 years$4,560$4,078$3,641$3,247$2,892$2,155
12 years$4,138$3,660$3,232$2,848$2,506$1,810
13 years$3,780$3,308$2,887$2,514$2,185$1,528
14 years$3,474$3,007$2,594$2,232$1,916$1,296
15 years$3,209$2,747$2,342$1,990$1,687$1,103
16 years$2,977$2,520$2,124$1,782$1,491$942
17 years$2,773$2,321$1,932$1,601$1,322$806
18 years$2,592$2,145$1,764$1,443$1,175$692
19 years$2,430$1,988$1,615$1,304$1,047$595
20 years$2,284$1,847$1,482$1,181$936$512
21 years$2,152$1,720$1,363$1,072$837$442
22 years$2,033$1,606$1,256$975$750$381
23 years$1,924$1,502$1,160$888$674$330
24 years$1,824$1,407$1,073$809$606$285
25 years$1,733$1,321$994$739$545$247
26 years$1,648$1,241$922$676$491$214
27 years$1,570$1,168$856$619$442$185
28 years$1,498$1,101$796$567$399$160
29 years$1,431$1,038$740$520$361$139
30 years$1,368$981$690$477$326$121
31 years$1,309$927$643$438$295$105
32 years$1,255$877$600$403$266$91
33 years$1,203$831$560$370$241$79
34 years$1,155$787$523$341$218$69
35 years$1,110$747$489$314$198$60
36 years$1,067$709$458$289$179$52
37 years$1,027$673$428$266$162$45
38 years$989$640$401$245$147$39
39 years$953$608$376$226$133$34
40 years$919$579$352$209$121$29
41 years$886$551$330$192$110$26
42 years$856$525$310$178$100$22
43 years$826$500$291$164$90$19
44 years$798$477$273$151$82$17
45 years$772$454$256$140$75$15
46 years$747$434$241$129$68$13
47 years$722$414$226$119$61$11
48 years$699$395$212$110$56$10
49 years$677$377$200$102$51$8
50 years$656$360$188$94$46$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $672,000, adding $3,379 every year, while hoping to spend $45,823 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: 76/19/5 Blend
34$672,000$672,000$672,000$672,000
35$744,029$708,413$697,997$800,094
36$771,165$694,370$672,625$823,334
37$799,533$678,103$644,867$842,552
38$829,210$659,455$614,595$862,266
39$860,280$638,259$581,674$882,507
40$892,834$614,339$545,965$903,308
41$926,969$587,508$507,322$924,706
42$962,793$557,569$465,590$946,745
43$1,000,421$524,313$420,610$969,470
44$1,039,979$487,519$372,216$992,935
45$1,081,604$446,955$320,232$1,017,200
46$1,125,444$402,372$264,476$1,042,329
47$1,171,661$353,510$204,758$1,068,398
48$1,220,433$300,094$140,880$1,095,489
49$1,271,950$241,833$72,633$1,123,695
50$1,326,425$178,418$0$1,153,119
51$1,384,084$109,525$0$1,183,887
52$1,445,180$34,810$0$1,220,255
53$1,509,985$0$0$1,258,499
54$1,578,798$0$0$1,308,430
55$1,651,945$0$0$1,369,257
56$1,729,786$0$0$1,434,000
57$1,812,710$0$0$1,502,987
58$1,901,147$0$0$1,576,576
59$1,995,566$0$0$1,655,160
60$2,096,482$0$0$1,739,170
61$2,204,458$0$0$1,829,076
62$2,320,112$0$0$1,925,398
63$2,444,124$0$0$2,028,701
64$2,577,237$0$0$2,139,609
65$2,720,268$0$0$2,258,806
66$2,874,112$0$0$2,387,040
67$3,039,754$0$0$2,525,136
68$3,218,275$0$0$2,673,998
69$3,410,862$0$0$2,834,621
70$3,618,819$0$0$3,008,094
71$3,843,580$0$0$3,195,619
72$4,086,718$0$0$3,398,514
73$4,349,966$0$0$3,618,227
74$4,635,227$0$0$3,856,353
75$4,944,594$0$0$4,114,643
76$5,280,368$0$0$4,395,024
77$5,645,081$0$0$4,699,616
78$6,041,518$0$0$5,030,749
79$6,472,741$0$0$5,390,989
80$6,942,121$0$0$5,783,158
81$7,453,366$0$0$6,210,359
82$8,010,558$0$0$6,676,011
83$8,618,187$0$0$7,183,873
84$9,281,197$0$0$7,738,085
85$10,005,028$0$0$8,343,202
86$10,795,670$0$0$9,004,240
87$11,659,717$0$0$9,726,720
88$12,604,427$0$0$10,516,721
89$13,637,794$0$0$11,380,934
90$14,768,617$0$0$12,326,730
91$16,006,587$0$0$13,362,222
92$17,362,374$0$0$14,496,347
93$18,847,730$0$0$15,738,945
94$20,475,595$0$0$17,100,853
95$22,260,222$0$0$18,594,006
96$24,217,309$0$0$20,231,551
97$26,364,146$0$0$22,027,965
98$28,719,774$0$0$23,999,196
99$31,305,171$0$0$26,162,811
100$34,143,442$0$0$28,538,158