Can I retire at age 35 with 678,000?

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 $678,000?

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$55,989$55,490$55,003$54,528$54,065$53,301
2 years$27,717$27,201$26,701$26,216$25,745$24,977
3 years$18,295$17,776$17,277$16,797$16,334$15,585
4 years$13,584$13,067$12,573$12,101$11,649$10,926
5 years$10,759$10,245$9,757$9,295$8,856$8,160
6 years$8,876$8,366$7,885$7,433$7,007$6,340
7 years$7,531$7,026$6,553$6,111$5,699$5,060
8 years$6,523$6,022$5,557$5,126$4,728$4,117
9 years$5,740$5,243$4,787$4,367$3,981$3,399
10 years$5,113$4,622$4,173$3,764$3,392$2,838
11 years$4,601$4,115$3,674$3,276$2,917$2,390
12 years$4,174$3,693$3,260$2,873$2,528$2,028
13 years$3,814$3,337$2,913$2,537$2,205$1,730
14 years$3,505$3,034$2,617$2,252$1,933$1,483
15 years$3,238$2,771$2,363$2,008$1,702$1,277
16 years$3,004$2,543$2,142$1,798$1,504$1,102
17 years$2,798$2,342$1,950$1,616$1,333$955
18 years$2,615$2,164$1,780$1,456$1,186$829
19 years$2,451$2,005$1,629$1,316$1,057$721
20 years$2,304$1,863$1,495$1,192$944$628
21 years$2,172$1,736$1,375$1,081$845$548
22 years$2,051$1,620$1,268$983$757$479
23 years$1,941$1,515$1,170$895$680$419
24 years$1,840$1,420$1,082$817$611$367
25 years$1,748$1,332$1,003$746$550$322
26 years$1,663$1,252$930$682$495$282
27 years$1,584$1,179$863$624$446$248
28 years$1,511$1,111$803$572$403$218
29 years$1,443$1,048$747$524$364$191
30 years$1,380$989$696$481$329$168
31 years$1,321$935$649$442$297$148
32 years$1,266$885$605$406$269$130
33 years$1,214$838$565$374$243$114
34 years$1,166$794$528$344$220$101
35 years$1,120$753$494$316$199$89
36 years$1,077$715$462$291$181$78
37 years$1,036$679$432$269$164$69
38 years$998$645$405$248$149$61
39 years$961$614$379$228$135$53
40 years$927$584$355$210$122$47
41 years$894$556$333$194$111$41
42 years$863$529$313$179$101$37
43 years$834$504$293$165$91$32
44 years$806$481$275$153$83$28
45 years$779$458$259$141$75$25
46 years$753$437$243$130$68$22
47 years$729$417$228$120$62$19
48 years$706$398$214$111$56$17
49 years$683$381$202$103$51$15
50 years$662$363$189$95$46$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $678,000, adding $2,353 every year, while hoping to spend $28,922 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: 54/24/22 Blend
34$678,000$678,000$678,000$678,000
35$749,583$713,649$703,140$785,423
36$795,268$717,845$695,923$814,488
37$844,643$721,277$687,494$842,890
38$898,055$723,878$677,783$873,195
39$955,883$725,575$666,715$905,595
40$1,018,546$726,291$654,213$940,301
41$1,086,503$725,944$640,194$977,547
42$1,160,259$724,449$624,574$1,017,595
43$1,240,372$721,713$607,263$1,060,730
44$1,327,451$717,638$588,168$1,107,271
45$1,422,170$712,122$567,191$1,157,570
46$1,525,269$705,053$544,230$1,212,017
47$1,637,563$696,317$519,177$1,271,043
48$1,759,946$685,789$491,922$1,335,125
49$1,893,407$673,338$462,348$1,404,790
50$2,039,030$658,827$430,332$1,480,622
51$2,198,010$642,109$395,747$1,563,266
52$2,371,662$623,028$358,460$1,653,436
53$2,561,435$601,419$318,331$1,751,920
54$2,768,923$577,110$275,216$1,859,591
55$2,995,880$549,915$228,963$1,977,411
56$3,244,239$519,641$179,413$2,106,446
57$3,516,128$486,080$126,400$2,247,873
58$3,813,891$449,016$69,753$2,402,992
59$4,140,108$408,218$9,289$2,573,241
60$4,497,621$363,442$0$2,760,206
61$4,889,560$314,432$0$2,978,607
62$5,319,372$260,916$0$3,220,584
63$5,790,853$202,606$0$3,486,140
64$6,308,186$139,200$0$3,777,689
65$6,875,977$70,377$0$4,097,889
66$7,499,300$0$0$4,449,675
67$8,183,744$0$0$4,837,393
68$8,935,466$0$0$5,283,701
69$9,761,248$0$0$5,774,048
70$10,668,563$0$0$6,312,881
71$11,665,642$0$0$6,905,096
72$12,761,552$0$0$7,556,088
73$13,966,285$0$0$8,271,801
74$15,290,846$0$0$9,058,785
75$16,747,363$0$0$9,924,254
76$18,349,196$0$0$10,876,156
77$20,111,063$0$0$11,923,252
78$22,049,185$0$0$13,075,189
79$24,181,428$0$0$14,342,600
80$26,527,482$0$0$15,737,201
81$29,109,039$0$0$17,271,897
82$31,950,001$0$0$18,960,912
83$35,076,705$0$0$20,819,916
84$38,518,168$0$0$22,866,176
85$42,306,365$0$0$25,118,717
86$46,476,527$0$0$27,598,503
87$51,067,475$0$0$30,328,634
88$56,121,986$0$0$33,334,564
89$61,687,195$0$0$36,644,339
90$67,815,039$0$0$40,288,865
91$74,562,749$0$0$44,302,198
92$81,993,389$0$0$48,721,862
93$90,176,449$0$0$53,589,208
94$99,188,502$0$0$58,949,802
95$109,113,928$0$0$64,853,852
96$120,045,706$0$0$71,356,688
97$132,086,293$0$0$78,519,277
98$145,348,591$0$0$86,408,803
99$159,957,013$0$0$95,099,298
100$176,048,655$0$0$104,672,342