Can I retire at age 35 with 690,000?

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 $690,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$56,980$56,472$55,977$55,494$55,022$53,801
2 years$28,208$27,682$27,173$26,680$26,201$24,977
3 years$18,618$18,091$17,583$17,094$16,623$15,435
4 years$13,825$13,299$12,796$12,315$11,856$10,712
5 years$10,949$10,426$9,930$9,459$9,012$7,917
6 years$9,033$8,514$8,025$7,565$7,131$6,084
7 years$7,664$7,150$6,669$6,219$5,800$4,802
8 years$6,639$6,129$5,656$5,217$4,811$3,862
9 years$5,841$5,336$4,871$4,444$4,052$3,151
10 years$5,204$4,704$4,247$3,831$3,452$2,599
11 years$4,682$4,187$3,739$3,334$2,969$2,161
12 years$4,248$3,758$3,318$2,924$2,573$1,810
13 years$3,881$3,396$2,965$2,582$2,244$1,524
14 years$3,567$3,087$2,664$2,292$1,967$1,289
15 years$3,295$2,820$2,405$2,044$1,732$1,094
16 years$3,057$2,588$2,180$1,830$1,531$932
17 years$2,847$2,383$1,984$1,644$1,357$795
18 years$2,661$2,202$1,811$1,482$1,207$681
19 years$2,495$2,041$1,658$1,339$1,075$583
20 years$2,345$1,896$1,522$1,213$961$501
21 years$2,210$1,766$1,400$1,101$860$431
22 years$2,087$1,649$1,290$1,001$771$370
23 years$1,975$1,542$1,191$911$692$319
24 years$1,873$1,445$1,102$831$622$275
25 years$1,779$1,356$1,020$759$559$237
26 years$1,692$1,274$946$694$504$205
27 years$1,612$1,199$879$635$454$177
28 years$1,538$1,130$817$582$410$153
29 years$1,469$1,066$760$534$370$132
30 years$1,405$1,007$708$490$334$114
31 years$1,345$952$660$450$302$99
32 years$1,288$901$616$413$274$86
33 years$1,236$853$575$380$248$74
34 years$1,186$808$537$350$224$64
35 years$1,140$767$502$322$203$55
36 years$1,096$728$470$297$184$48
37 years$1,055$691$440$273$167$42
38 years$1,015$657$412$252$151$36
39 years$978$625$386$232$137$31
40 years$943$594$362$214$124$27
41 years$910$566$339$198$113$23
42 years$878$539$318$182$102$20
43 years$848$513$299$168$93$18
44 years$820$489$280$155$84$15
45 years$793$467$263$144$77$13
46 years$767$445$247$133$69$11
47 years$742$425$232$123$63$10
48 years$718$406$218$113$57$9
49 years$695$387$205$105$52$7
50 years$674$370$193$97$47$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $690,000, adding $5,430 every year, while hoping to spend $53,760 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: 62/13/25 Blend
34$690,000$690,000$690,000$690,000
35$765,981$729,411$718,716$808,080
36$786,911$707,952$685,593$815,793
37$808,174$683,640$649,558$817,835
38$829,747$656,277$610,458$818,886
39$851,603$625,657$568,130$818,857
40$873,712$591,559$522,408$817,653
41$896,035$553,751$473,113$815,172
42$918,532$511,985$420,063$811,304
43$941,153$466,003$363,066$805,932
44$963,842$415,529$301,921$798,927
45$986,537$360,273$236,418$790,154
46$1,009,165$299,927$166,339$779,463
47$1,031,643$234,168$91,455$766,697
48$1,053,880$162,651$11,528$751,685
49$1,075,771$85,016$0$734,240
50$1,097,199$881$0$733,842
51$1,118,030$0$0$735,158
52$1,138,118$0$0$747,847
53$1,157,294$0$0$760,012
54$1,175,374$0$0$771,398
55$1,192,149$0$0$781,862
56$1,207,388$0$0$791,245
57$1,220,830$0$0$799,368
58$1,232,187$0$0$806,033
59$1,241,138$0$0$811,019
60$1,247,325$0$0$814,082
61$1,250,350$0$0$814,947
62$1,249,772$0$0$813,313
63$1,245,099$0$0$808,841
64$1,235,786$0$0$801,160
65$1,221,230$0$0$789,854
66$1,200,759$0$0$774,465
67$1,173,633$0$0$754,484
68$1,139,026$0$0$729,347
69$1,096,029$0$0$698,430
70$1,043,632$0$0$661,042
71$980,719$0$0$616,419
72$906,054$0$0$563,714
73$818,269$0$0$501,993
74$715,854$0$0$430,222
75$597,138$0$0$347,255
76$460,273$0$0$251,830
77$303,218$0$0$142,551
78$123,717$0$0$17,873
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0