Can I retire at age 35 with 680,000?

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 $680,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$56,154$55,654$55,166$54,689$54,224$52,114
2 years$27,799$27,281$26,779$26,293$25,821$23,720
3 years$18,349$17,829$17,328$16,846$16,382$14,357
4 years$13,624$13,106$12,610$12,137$11,684$9,750
5 years$10,790$10,275$9,786$9,322$8,882$7,044
6 years$8,902$8,390$7,909$7,455$7,028$5,288
7 years$7,553$7,046$6,572$6,129$5,716$4,072
8 years$6,542$6,040$5,574$5,142$4,742$3,194
9 years$5,757$5,259$4,801$4,379$3,993$2,538
10 years$5,128$4,635$4,185$3,775$3,402$2,038
11 years$4,615$4,127$3,685$3,286$2,926$1,648
12 years$4,187$3,704$3,270$2,882$2,536$1,342
13 years$3,825$3,347$2,922$2,544$2,211$1,097
14 years$3,515$3,043$2,625$2,258$1,938$901
15 years$3,247$2,779$2,370$2,014$1,707$742
16 years$3,013$2,550$2,149$1,803$1,508$612
17 years$2,806$2,348$1,955$1,620$1,337$507
18 years$2,622$2,170$1,785$1,460$1,189$420
19 years$2,459$2,011$1,634$1,320$1,060$348
20 years$2,311$1,869$1,500$1,195$947$289
21 years$2,178$1,741$1,379$1,085$847$241
22 years$2,057$1,625$1,271$986$759$200
23 years$1,947$1,520$1,174$898$682$167
24 years$1,846$1,424$1,086$819$613$139
25 years$1,753$1,336$1,005$748$551$116
26 years$1,668$1,256$933$684$497$97
27 years$1,589$1,182$866$626$448$81
28 years$1,516$1,114$805$574$404$67
29 years$1,448$1,051$749$526$365$56
30 years$1,384$992$698$483$330$47
31 years$1,325$938$651$443$298$39
32 years$1,270$888$607$407$270$33
33 years$1,218$841$567$375$244$27
34 years$1,169$797$530$345$221$23
35 years$1,123$756$495$317$200$19
36 years$1,080$717$463$292$181$16
37 years$1,039$681$433$269$164$13
38 years$1,001$647$406$248$149$11
39 years$964$616$380$229$135$9
40 years$930$586$356$211$123$8
41 years$897$558$334$195$111$6
42 years$866$531$314$180$101$5
43 years$836$506$294$166$92$5
44 years$808$482$276$153$83$4
45 years$781$460$259$141$75$3
46 years$755$439$244$131$68$3
47 years$731$419$229$121$62$2
48 years$708$400$215$112$56$2
49 years$685$382$202$103$51$2
50 years$664$365$190$95$47$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $680,000, adding $3,405 every year, while hoping to spend $44,354 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: 60/14/26 Blend
34$680,000$680,000$680,000$680,000
35$752,872$716,832$706,292$792,591
36$782,473$704,765$682,761$807,960
37$813,606$690,619$656,954$819,648
38$846,382$674,247$628,750$831,454
39$880,919$655,492$598,019$843,399
40$917,347$634,185$564,627$855,509
41$955,808$610,152$528,434$867,814
42$996,456$583,205$489,292$880,348
43$1,039,460$553,147$447,049$893,154
44$1,085,003$519,770$401,543$906,279
45$1,133,286$482,851$352,608$919,779
46$1,184,529$442,159$300,068$933,718
47$1,238,972$397,445$243,741$948,169
48$1,296,877$348,450$183,436$963,216
49$1,358,531$294,897$118,954$978,956
50$1,424,250$236,495$50,087$995,497
51$1,494,377$172,937$0$1,012,965
52$1,569,289$103,897$0$1,037,994
53$1,649,401$29,032$0$1,079,501
54$1,735,166$0$0$1,123,822
55$1,827,081$0$0$1,179,244
56$1,925,691$0$0$1,243,537
57$2,031,596$0$0$1,312,624
58$2,145,452$0$0$1,386,940
59$2,267,979$0$0$1,466,959
60$2,399,971$0$0$1,553,204
61$2,542,297$0$0$1,646,250
62$2,695,912$0$0$1,746,726
63$2,861,867$0$0$1,855,327
64$3,041,314$0$0$1,972,814
65$3,235,522$0$0$2,100,025
66$3,445,886$0$0$2,237,879
67$3,673,937$0$0$2,387,390
68$3,921,362$0$0$2,549,669
69$4,190,013$0$0$2,725,943
70$4,481,930$0$0$2,917,557
71$4,799,355$0$0$3,125,993
72$5,144,757$0$0$3,352,881
73$5,520,849$0$0$3,600,015
74$5,930,619$0$0$3,869,368
75$6,377,355$0$0$4,163,113
76$6,864,675$0$0$4,483,641
77$7,396,562$0$0$4,833,583
78$7,977,399$0$0$5,215,837
79$8,612,013$0$0$5,633,591
80$9,305,717$0$0$6,090,357
81$10,064,360$0$0$6,590,000
82$10,894,383$0$0$7,136,777
83$11,802,876$0$0$7,735,376
84$12,797,650$0$0$8,390,957
85$13,887,304$0$0$9,109,204
86$15,081,307$0$0$9,896,377
87$16,390,090$0$0$10,759,370
88$17,825,140$0$0$11,705,775
89$19,399,107$0$0$12,743,955
90$21,125,926$0$0$13,883,122
91$23,020,947$0$0$15,133,422
92$25,101,075$0$0$16,506,030
93$27,384,934$0$0$18,013,257
94$29,893,039$0$0$19,668,666
95$32,647,988$0$0$21,487,194
96$35,674,676$0$0$23,485,301
97$39,000,529$0$0$25,681,117
98$42,655,760$0$0$28,094,616
99$46,673,656$0$0$30,747,804
100$51,090,889$0$0$33,664,924