Can I retire at age 35 with 677,000?

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 $677,000?

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$55,906$55,408$54,922$54,448$53,985$52,873
2 years$27,676$27,161$26,661$26,177$25,707$24,592
3 years$18,268$17,750$17,252$16,772$16,310$15,226
4 years$13,564$13,048$12,555$12,083$11,632$10,589
5 years$10,743$10,230$9,743$9,281$8,843$7,842
6 years$8,863$8,353$7,874$7,422$6,997$6,040
7 years$7,520$7,015$6,543$6,102$5,690$4,778
8 years$6,514$6,013$5,549$5,119$4,721$3,852
9 years$5,731$5,236$4,779$4,360$3,975$3,150
10 years$5,106$4,615$4,167$3,759$3,387$2,604
11 years$4,594$4,108$3,668$3,271$2,913$2,171
12 years$4,168$3,688$3,256$2,869$2,525$1,823
13 years$3,808$3,332$2,909$2,533$2,201$1,539
14 years$3,500$3,029$2,613$2,249$1,930$1,305
15 years$3,233$2,767$2,360$2,005$1,699$1,111
16 years$2,999$2,539$2,139$1,796$1,502$949
17 years$2,794$2,338$1,947$1,613$1,331$812
18 years$2,611$2,161$1,777$1,454$1,184$697
19 years$2,448$2,002$1,627$1,314$1,055$599
20 years$2,301$1,861$1,493$1,190$943$516
21 years$2,168$1,733$1,373$1,080$843$445
22 years$2,048$1,618$1,266$982$756$384
23 years$1,938$1,513$1,169$894$679$332
24 years$1,838$1,418$1,081$816$610$287
25 years$1,745$1,330$1,001$745$549$248
26 years$1,660$1,250$928$681$494$215
27 years$1,582$1,177$862$623$446$186
28 years$1,509$1,109$801$571$402$162
29 years$1,441$1,046$746$524$363$140
30 years$1,378$988$695$481$328$122
31 years$1,319$934$648$441$297$106
32 years$1,264$884$604$406$268$92
33 years$1,212$837$564$373$243$80
34 years$1,164$793$527$343$220$69
35 years$1,118$752$493$316$199$60
36 years$1,075$714$461$291$180$52
37 years$1,035$678$432$268$164$45
38 years$996$645$404$247$148$39
39 years$960$613$379$228$134$34
40 years$926$583$355$210$122$30
41 years$893$555$333$194$111$26
42 years$862$529$312$179$100$22
43 years$832$504$293$165$91$20
44 years$804$480$275$153$83$17
45 years$778$458$258$141$75$15
46 years$752$437$242$130$68$13
47 years$728$417$228$120$62$11
48 years$705$398$214$111$56$10
49 years$682$380$201$103$51$8
50 years$661$363$189$95$46$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $677,000, adding $3,458 every year, while hoping to spend $44,303 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: 36/41/23 Blend
34$677,000$677,000$677,000$677,000
35$749,621$713,740$703,246$771,297
36$778,944$701,575$679,667$775,365
37$809,774$687,329$653,813$775,418
38$842,216$670,854$625,561$774,586
39$876,388$651,992$594,783$772,816
40$912,415$630,575$561,344$770,055
41$950,437$606,428$525,104$766,247
42$990,602$579,364$485,917$761,338
43$1,033,076$549,186$443,627$755,272
44$1,078,038$515,684$398,077$747,992
45$1,125,682$478,637$349,097$739,440
46$1,176,224$437,812$296,513$729,559
47$1,229,895$392,961$240,144$718,294
48$1,286,953$343,825$179,797$705,587
49$1,347,676$290,127$115,274$691,383
50$1,412,371$231,575$46,368$675,630
51$1,481,373$167,862$0$658,277
52$1,555,048$98,662$0$645,943
53$1,633,800$23,633$0$644,494
54$1,718,068$0$0$642,557
55$1,808,337$0$0$666,140
56$1,905,136$0$0$702,928
57$2,009,048$0$0$742,486
58$2,120,711$0$0$785,067
59$2,240,826$0$0$830,947
60$2,370,163$0$0$880,429
61$2,509,566$0$0$933,847
62$2,659,964$0$0$991,568
63$2,822,377$0$0$1,053,994
64$2,997,926$0$0$1,121,569
65$3,187,843$0$0$1,194,777
66$3,393,480$0$0$1,274,156
67$3,616,328$0$0$1,360,293
68$3,858,023$0$0$1,453,835
69$4,120,365$0$0$1,555,495
70$4,405,333$0$0$1,666,055
71$4,715,106$0$0$1,786,377
72$5,052,080$0$0$1,917,409
73$5,418,890$0$0$2,060,193
74$5,818,436$0$0$2,215,880
75$6,253,911$0$0$2,385,730
76$6,728,828$0$0$2,571,137
77$7,247,052$0$0$2,773,629
78$7,812,839$0$0$2,994,894
79$8,430,874$0$0$3,236,785
80$9,106,314$0$0$3,501,346
81$9,844,837$0$0$3,790,827
82$10,652,694$0$0$4,107,703
83$11,536,769$0$0$4,454,703
84$12,504,640$0$0$4,834,828
85$13,564,655$0$0$5,251,388
86$14,726,004$0$0$5,708,024
87$15,998,810$0$0$6,208,748
88$17,394,221$0$0$6,757,979
89$18,924,516$0$0$7,360,584
90$20,603,217$0$0$8,021,923
91$22,445,220$0$0$8,747,901
92$24,466,932$0$0$9,545,023
93$26,686,426$0$0$10,420,454
94$29,123,611$0$0$11,382,086
95$31,800,416$0$0$12,438,616
96$34,741,001$0$0$13,599,621
97$37,971,978$0$0$14,875,655
98$41,522,669$0$0$16,278,345
99$45,425,373$0$0$17,820,498
100$49,715,675$0$0$19,516,226