Can I retire at age 35 with 673,000?

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 $673,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$55,576$55,081$54,598$54,126$53,666$52,908
2 years$27,513$27,000$26,504$26,022$25,555$24,793
3 years$18,160$17,645$17,150$16,673$16,213$15,470
4 years$13,484$12,971$12,481$12,012$11,563$10,846
5 years$10,679$10,169$9,685$9,226$8,790$8,100
6 years$8,810$8,304$7,827$7,378$6,956$6,293
7 years$7,476$6,974$6,504$6,066$5,657$5,023
8 years$6,475$5,978$5,516$5,089$4,693$4,087
9 years$5,697$5,205$4,751$4,334$3,952$3,374
10 years$5,076$4,588$4,142$3,736$3,367$2,817
11 years$4,567$4,084$3,647$3,252$2,896$2,373
12 years$4,144$3,666$3,236$2,852$2,510$2,013
13 years$3,786$3,313$2,891$2,518$2,188$1,717
14 years$3,479$3,011$2,598$2,235$1,918$1,472
15 years$3,214$2,751$2,346$1,993$1,689$1,267
16 years$2,982$2,524$2,127$1,785$1,493$1,094
17 years$2,777$2,324$1,935$1,604$1,324$948
18 years$2,596$2,148$1,767$1,445$1,177$823
19 years$2,433$1,991$1,617$1,306$1,049$716
20 years$2,287$1,850$1,484$1,183$937$624
21 years$2,155$1,723$1,365$1,073$838$544
22 years$2,036$1,608$1,258$976$752$476
23 years$1,927$1,504$1,162$889$675$416
24 years$1,827$1,409$1,074$811$606$364
25 years$1,735$1,323$995$740$546$319
26 years$1,651$1,243$923$677$492$280
27 years$1,572$1,170$857$620$443$246
28 years$1,500$1,102$797$568$400$216
29 years$1,433$1,040$741$521$361$190
30 years$1,370$982$691$478$326$167
31 years$1,311$928$644$439$295$147
32 years$1,257$878$601$403$267$129
33 years$1,205$832$561$371$241$114
34 years$1,157$788$524$341$219$100
35 years$1,112$748$490$314$198$88
36 years$1,069$710$458$289$179$77
37 years$1,029$674$429$267$163$68
38 years$990$641$402$246$147$60
39 years$954$609$376$227$134$53
40 years$920$580$353$209$121$47
41 years$888$552$331$193$110$41
42 years$857$525$310$178$100$36
43 years$828$501$291$164$91$32
44 years$800$477$273$152$82$28
45 years$773$455$257$140$75$25
46 years$748$434$241$129$68$22
47 years$723$414$226$120$62$19
48 years$700$396$213$110$56$17
49 years$678$378$200$102$51$15
50 years$657$361$188$94$46$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $673,000, adding $5,875 every year, while hoping to spend $24,675 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: 61/21/18 Blend
34$673,000$673,000$673,000$673,000
35$747,706$712,037$701,606$789,521
36$797,718$720,673$698,855$827,069
37$852,004$728,905$695,186$864,757
38$910,975$736,687$690,541$905,315
39$975,080$743,971$684,860$949,025
40$1,044,817$750,704$678,081$996,197
41$1,120,730$756,830$670,139$1,047,173
42$1,203,421$762,291$660,965$1,102,332
43$1,293,550$767,024$650,487$1,162,090
44$1,391,845$770,961$638,632$1,226,908
45$1,499,106$774,031$625,319$1,297,294
46$1,616,215$776,158$610,466$1,373,808
47$1,744,140$777,262$593,989$1,457,069
48$1,883,951$777,256$575,796$1,547,759
49$2,036,823$776,050$555,794$1,646,630
50$2,204,050$773,548$533,884$1,754,513
51$2,387,058$769,646$509,964$1,872,325
52$2,587,415$764,237$483,925$2,001,077
53$2,806,851$757,203$455,656$2,141,885
54$3,047,268$748,424$425,038$2,295,978
55$3,310,762$737,770$391,950$2,464,715
56$3,599,641$725,103$356,262$2,649,593
57$3,916,449$710,277$317,841$2,852,265
58$4,263,985$693,138$276,547$3,074,553
59$4,645,333$673,524$232,233$3,318,467
60$5,063,891$651,261$184,747$3,586,224
61$5,523,401$626,166$133,929$3,880,271
62$6,027,986$598,045$79,613$4,203,305
63$6,582,185$566,695$21,626$4,558,301
64$7,191,003$531,898$0$4,948,540
65$7,859,949$493,424$0$5,385,374
66$8,595,095$451,033$0$5,869,997
67$9,403,128$404,468$0$6,402,690
68$10,291,418$353,458$0$6,988,347
69$11,268,083$297,717$0$7,632,361
70$12,342,066$236,943$0$8,340,679
71$13,523,221$170,818$0$9,119,853
72$14,822,406$99,004$0$9,977,108
73$16,251,581$21,146$0$10,920,406
74$17,823,927$0$0$11,958,522
75$19,553,965$0$0$13,115,721
76$21,457,695$0$0$14,394,538
77$23,552,746$0$0$15,801,935
78$25,858,542$0$0$17,350,971
79$28,396,487$0$0$19,056,031
80$31,190,165$0$0$20,932,969
81$34,265,560$0$0$22,999,250
82$37,651,307$0$0$25,274,122
83$41,378,956$0$0$27,778,793
84$45,483,272$0$0$30,536,632
85$50,002,564$0$0$33,573,390
86$54,979,044$0$0$36,917,440
87$60,459,225$0$0$40,600,049
88$66,494,363$0$0$44,655,671
89$73,140,937$0$0$49,122,271
90$80,461,181$0$0$54,041,683
91$88,523,677$0$0$59,460,007
92$97,403,993$0$0$65,428,041
93$107,185,406$0$0$72,001,763
94$117,959,678$0$0$79,242,856
95$129,827,928$0$0$87,219,293
96$142,901,586$0$0$96,005,978
97$157,303,440$0$0$105,685,449
98$173,168,798$0$0$116,348,663
99$190,646,766$0$0$128,095,848
100$209,901,651$0$0$141,037,454