Can I retire at age 35 with 675,000?

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 $675,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$55,741$55,244$54,760$54,287$53,825$51,772
2 years$27,594$27,081$26,582$26,100$25,631$23,586
3 years$18,214$17,697$17,201$16,722$16,261$14,290
4 years$13,524$13,009$12,518$12,047$11,598$9,714
5 years$10,711$10,200$9,714$9,254$8,816$7,026
6 years$8,836$8,329$7,851$7,400$6,976$5,280
7 years$7,498$6,994$6,524$6,084$5,673$4,071
8 years$6,494$5,996$5,533$5,104$4,707$3,196
9 years$5,714$5,220$4,765$4,347$3,964$2,543
10 years$5,091$4,601$4,155$3,747$3,377$2,044
11 years$4,581$4,096$3,658$3,261$2,905$1,656
12 years$4,156$3,677$3,246$2,861$2,517$1,350
13 years$3,797$3,323$2,900$2,526$2,195$1,105
14 years$3,489$3,020$2,606$2,242$1,924$909
15 years$3,223$2,759$2,353$1,999$1,694$749
16 years$2,991$2,531$2,133$1,790$1,497$620
17 years$2,785$2,331$1,941$1,608$1,328$513
18 years$2,603$2,154$1,772$1,450$1,180$426
19 years$2,440$1,996$1,622$1,310$1,052$354
20 years$2,294$1,855$1,489$1,186$940$295
21 years$2,162$1,728$1,369$1,077$841$245
22 years$2,042$1,613$1,262$979$754$205
23 years$1,932$1,509$1,165$892$677$171
24 years$1,832$1,414$1,078$813$608$142
25 years$1,740$1,327$998$743$547$119
26 years$1,655$1,247$926$679$493$99
27 years$1,577$1,173$860$621$444$83
28 years$1,504$1,106$799$569$401$69
29 years$1,437$1,043$744$522$362$58
30 years$1,374$985$693$479$327$48
31 years$1,315$931$646$440$296$41
32 years$1,260$881$602$404$268$34
33 years$1,209$834$563$372$242$28
34 years$1,160$791$526$342$219$24
35 years$1,115$750$491$315$199$20
36 years$1,072$712$460$290$180$17
37 years$1,032$676$430$267$163$14
38 years$993$643$403$246$148$12
39 years$957$611$378$227$134$10
40 years$923$581$354$210$122$8
41 years$890$553$332$193$110$7
42 years$859$527$311$178$100$6
43 years$830$502$292$165$91$5
44 years$802$479$274$152$82$4
45 years$775$456$257$140$75$3
46 years$750$435$242$130$68$3
47 years$726$416$227$120$62$2
48 years$702$397$213$111$56$2
49 years$680$379$201$102$51$2
50 years$659$362$189$95$46$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $675,000, adding $4,193 every year, while hoping to spend $41,263 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: 37/46/17 Blend
34$675,000$675,000$675,000$675,000
35$748,175$712,400$701,938$771,864
36$780,585$703,404$681,549$780,338
37$814,919$692,585$659,094$785,262
38$851,327$679,808$634,461$789,708
39$889,978$664,934$607,531$793,656
40$931,054$647,814$578,181$797,087
41$974,753$628,289$546,282$799,982
42$1,021,295$606,192$511,700$802,327
43$1,070,919$581,347$474,293$804,109
44$1,123,886$553,566$433,915$805,320
45$1,180,483$522,651$390,412$805,953
46$1,241,024$488,394$343,623$806,007
47$1,305,856$450,572$293,381$805,488
48$1,375,354$408,951$239,511$804,406
49$1,449,935$363,284$181,829$802,777
50$1,530,054$313,311$120,146$800,629
51$1,616,210$258,753$54,261$797,998
52$1,708,951$199,320$0$794,928
53$1,808,881$134,703$0$794,391
54$1,916,660$64,577$0$804,242
55$2,033,016$0$0$814,756
56$2,158,747$0$0$831,858
57$2,294,731$0$0$885,781
58$2,441,933$0$0$944,230
59$2,601,414$0$0$1,007,636
60$2,774,339$0$0$1,076,473
61$2,961,992$0$0$1,151,262
62$3,165,782$0$0$1,232,577
63$3,387,261$0$0$1,321,049
64$3,628,136$0$0$1,417,371
65$3,890,285$0$0$1,522,307
66$4,175,773$0$0$1,636,699
67$4,486,874$0$0$1,761,471
68$4,826,091$0$0$1,897,641
69$5,196,177$0$0$2,046,330
70$5,600,163$0$0$2,208,772
71$6,041,386$0$0$2,386,325
72$6,523,519$0$0$2,580,484
73$7,050,605$0$0$2,792,897
74$7,627,098$0$0$3,025,376
75$8,257,899$0$0$3,279,917
76$8,948,406$0$0$3,558,719
77$9,704,562$0$0$3,864,202
78$10,532,915$0$0$4,199,033
79$11,440,672$0$0$4,566,149
80$12,435,772$0$0$4,968,783
81$13,526,959$0$0$5,410,497
82$14,723,864$0$0$5,895,216
83$16,037,093$0$0$6,427,261
84$17,478,330$0$0$7,011,392
85$19,060,446$0$0$7,652,855
86$20,797,615$0$0$8,357,425
87$22,705,456$0$0$9,131,466
88$24,801,171$0$0$9,981,989
89$27,103,712$0$0$10,916,718
90$29,633,955$0$0$11,944,161
91$32,414,901$0$0$13,073,693
92$35,471,890$0$0$14,315,640
93$38,832,838$0$0$15,681,381
94$42,528,501$0$0$17,183,453
95$46,592,766$0$0$18,835,667
96$51,062,965$0$0$20,653,241
97$55,980,234$0$0$22,652,942
98$61,389,893$0$0$24,853,244
99$67,341,877$0$0$27,274,503
100$73,891,204$0$0$29,939,147