Can I retire at age 35 with 691,000?

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 $691,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$57,062$56,554$56,058$55,574$55,101$54,144
2 years$28,249$27,722$27,213$26,718$26,239$25,277
3 years$18,645$18,117$17,608$17,119$16,647$15,711
4 years$13,845$13,318$12,814$12,333$11,873$10,970
5 years$10,965$10,441$9,944$9,473$9,025$8,159
6 years$9,046$8,526$8,037$7,576$7,142$6,311
7 years$7,676$7,160$6,678$6,228$5,808$5,015
8 years$6,648$6,138$5,664$5,225$4,818$4,062
9 years$5,850$5,344$4,878$4,450$4,058$3,337
10 years$5,211$4,710$4,253$3,836$3,457$2,773
11 years$4,689$4,193$3,744$3,339$2,973$2,324
12 years$4,255$3,764$3,323$2,928$2,577$1,961
13 years$3,887$3,401$2,969$2,585$2,247$1,665
14 years$3,572$3,092$2,668$2,295$1,970$1,419
15 years$3,300$2,824$2,408$2,047$1,734$1,215
16 years$3,061$2,591$2,184$1,833$1,533$1,043
17 years$2,851$2,386$1,987$1,647$1,359$898
18 years$2,665$2,205$1,814$1,484$1,208$776
19 years$2,498$2,044$1,660$1,341$1,077$671
20 years$2,348$1,899$1,524$1,214$962$581
21 years$2,213$1,769$1,402$1,102$861$504
22 years$2,090$1,651$1,292$1,002$772$438
23 years$1,978$1,544$1,193$913$693$381
24 years$1,876$1,447$1,103$832$623$331
25 years$1,782$1,358$1,022$760$560$289
26 years$1,695$1,276$948$695$505$251
27 years$1,614$1,201$880$636$455$219
28 years$1,540$1,132$818$583$411$191
29 years$1,471$1,068$761$535$371$167
30 years$1,407$1,008$709$491$335$146
31 years$1,346$953$661$451$303$127
32 years$1,290$902$617$414$274$111
33 years$1,237$854$576$381$248$97
34 years$1,188$810$538$350$224$85
35 years$1,141$768$503$323$203$74
36 years$1,097$729$471$297$184$65
37 years$1,056$692$440$274$167$57
38 years$1,017$658$412$252$151$50
39 years$980$626$386$233$137$44
40 years$945$595$362$215$124$38
41 years$911$567$340$198$113$33
42 years$880$540$319$183$102$29
43 years$850$514$299$169$93$26
44 years$821$490$281$156$84$22
45 years$794$467$264$144$77$20
46 years$768$446$247$133$70$17
47 years$743$425$233$123$63$15
48 years$719$406$218$113$57$13
49 years$696$388$205$105$52$12
50 years$675$370$193$97$47$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $691,000, adding $2,237 every year, while hoping to spend $43,710 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: 53/27/20 Blend
34$691,000$691,000$691,000$691,000
35$763,789$727,166$716,456$799,975
36$795,189$716,291$693,950$814,194
37$828,326$703,417$669,225$824,899
38$863,332$688,401$642,161$835,610
39$900,350$671,091$612,632$846,339
40$939,536$651,324$580,505$857,106
41$981,061$628,931$545,644$867,933
42$1,025,110$603,730$507,904$878,849
43$1,071,888$575,529$467,135$889,886
44$1,121,616$544,126$423,181$901,086
45$1,174,540$509,307$375,876$912,495
46$1,230,925$470,845$325,050$924,172
47$1,291,064$428,501$270,524$936,181
48$1,355,277$382,022$212,110$948,599
49$1,423,913$331,139$149,614$961,514
50$1,497,358$275,571$82,832$975,030
51$1,576,033$215,018$11,551$989,265
52$1,660,400$149,166$0$1,004,352
53$1,750,966$77,681$0$1,034,214
54$1,848,288$210$0$1,068,785
55$1,952,977$0$0$1,105,847
56$2,065,703$0$0$1,170,525
57$2,187,203$0$0$1,240,355
58$2,318,286$0$0$1,315,747
59$2,459,842$0$0$1,397,218
60$2,612,846$0$0$1,485,338
61$2,778,373$0$0$1,580,733
62$2,957,602$0$0$1,684,091
63$3,151,832$0$0$1,796,168
64$3,362,489$0$0$1,917,797
65$3,591,142$0$0$2,049,891
66$3,839,516$0$0$2,193,459
67$4,109,509$0$0$2,349,606
68$4,403,211$0$0$2,519,552
69$4,722,917$0$0$2,704,636
70$5,071,157$0$0$2,906,333
71$5,450,713$0$0$3,126,267
72$5,864,645$0$0$3,366,224
73$6,316,324$0$0$3,628,171
74$6,809,460$0$0$3,914,272
75$7,348,134$0$0$4,226,910
76$7,936,843$0$0$4,568,709
77$8,580,535$0$0$4,942,557
78$9,284,658$0$0$5,351,634
79$10,055,213$0$0$5,799,443
80$10,898,806$0$0$6,289,839
81$11,822,710$0$0$6,827,069
82$12,834,938$0$0$7,415,811
83$13,944,312$0$0$8,061,214
84$15,160,549$0$0$8,768,952
85$16,494,350$0$0$9,545,272
86$17,957,503$0$0$10,397,055
87$19,562,990$0$0$11,331,884
88$21,325,113$0$0$12,358,105
89$23,259,623$0$0$13,484,919
90$25,383,872$0$0$14,722,455
91$27,716,976$0$0$16,081,875
92$30,279,990$0$0$17,575,474
93$33,096,112$0$0$19,216,798
94$36,190,898$0$0$21,020,769
95$39,592,499$0$0$23,003,826
96$43,331,932$0$0$25,184,082
97$47,443,369$0$0$27,581,490
98$51,964,458$0$0$30,218,036
99$56,936,676$0$0$33,117,942
100$62,405,724$0$0$36,307,894