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%17.1%
1 years$57,062$56,554$56,058$55,574$55,101$53,509
2 years$28,249$27,722$27,213$26,718$26,239$24,647
3 years$18,645$18,117$17,608$17,119$16,647$15,106
4 years$13,845$13,318$12,814$12,333$11,873$10,394
5 years$10,965$10,441$9,944$9,473$9,025$7,613
6 years$9,046$8,526$8,037$7,576$7,142$5,797
7 years$7,676$7,160$6,678$6,228$5,808$4,531
8 years$6,648$6,138$5,664$5,225$4,818$3,609
9 years$5,850$5,344$4,878$4,450$4,058$2,914
10 years$5,211$4,710$4,253$3,836$3,457$2,378
11 years$4,689$4,193$3,744$3,339$2,973$1,956
12 years$4,255$3,764$3,323$2,928$2,577$1,620
13 years$3,887$3,401$2,969$2,585$2,247$1,349
14 years$3,572$3,092$2,668$2,295$1,970$1,127
15 years$3,300$2,824$2,408$2,047$1,734$946
16 years$3,061$2,591$2,184$1,833$1,533$796
17 years$2,851$2,386$1,987$1,647$1,359$671
18 years$2,665$2,205$1,814$1,484$1,208$567
19 years$2,498$2,044$1,660$1,341$1,077$480
20 years$2,348$1,899$1,524$1,214$962$407
21 years$2,213$1,769$1,402$1,102$861$345
22 years$2,090$1,651$1,292$1,002$772$293
23 years$1,978$1,544$1,193$913$693$249
24 years$1,876$1,447$1,103$832$623$212
25 years$1,782$1,358$1,022$760$560$180
26 years$1,695$1,276$948$695$505$154
27 years$1,614$1,201$880$636$455$131
28 years$1,540$1,132$818$583$411$111
29 years$1,471$1,068$761$535$371$95
30 years$1,407$1,008$709$491$335$81
31 years$1,346$953$661$451$303$69
32 years$1,290$902$617$414$274$59
33 years$1,237$854$576$381$248$50
34 years$1,188$810$538$350$224$43
35 years$1,141$768$503$323$203$37
36 years$1,097$729$471$297$184$31
37 years$1,056$692$440$274$167$27
38 years$1,017$658$412$252$151$23
39 years$980$626$386$233$137$19
40 years$945$595$362$215$124$17
41 years$911$567$340$198$113$14
42 years$880$540$319$183$102$12
43 years$850$514$299$169$93$10
44 years$821$490$281$156$84$9
45 years$794$467$264$144$77$8
46 years$768$446$247$133$70$6
47 years$743$425$233$123$63$5
48 years$719$406$218$113$57$5
49 years$696$388$205$105$52$4
50 years$675$370$193$97$47$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $691,000, adding $5,489 every year, while hoping to spend $34,588 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: 30/45/25 Blend
34$691,000$691,000$691,000$691,000
35$767,144$730,521$719,810$784,096
36$808,591$729,515$707,123$796,636
37$853,107$727,301$692,851$806,691
38$900,967$723,782$676,905$816,806
39$952,476$718,858$659,191$827,009
40$1,007,967$712,420$639,612$837,334
41$1,067,805$704,354$618,065$847,822
42$1,132,393$694,539$594,442$858,520
43$1,202,173$682,847$568,631$869,487
44$1,277,630$669,142$540,516$880,787
45$1,359,297$653,279$509,972$892,497
46$1,447,763$635,107$476,873$904,707
47$1,543,671$614,463$441,085$917,519
48$1,647,731$591,178$402,467$931,051
49$1,760,723$565,069$360,874$945,438
50$1,883,506$535,946$316,152$960,833
51$2,017,023$503,607$268,142$977,413
52$2,162,313$467,837$216,678$995,376
53$2,320,518$428,411$161,586$1,014,949
54$2,492,896$385,088$102,685$1,036,388
55$2,680,831$337,617$39,784$1,059,982
56$2,885,845$285,730$0$1,086,058
57$3,109,616$229,145$0$1,122,277
58$3,353,987$167,564$0$1,173,558
59$3,620,991$100,671$0$1,229,800
60$3,912,863$28,136$0$1,291,586
61$4,232,067$0$0$1,359,562
62$4,581,311$0$0$1,459,406
63$4,963,583$0$0$1,584,047
64$5,382,168$0$0$1,720,638
65$5,840,686$0$0$1,870,375
66$6,343,123$0$0$2,034,573
67$6,893,869$0$0$2,214,682
68$7,497,760$0$0$2,412,299
69$8,160,120$0$0$2,629,181
70$8,886,815$0$0$2,867,267
71$9,684,305$0$0$3,128,690
72$10,559,707$0$0$3,415,800
73$11,520,859$0$0$3,731,187
74$12,576,396$0$0$4,077,703
75$13,735,832$0$0$4,458,491
76$15,009,644$0$0$4,877,012
77$16,409,377$0$0$5,337,081
78$17,947,748$0$0$5,842,898
79$19,638,768$0$0$6,399,095
80$21,497,873$0$0$7,010,771
81$23,542,070$0$0$7,683,544
82$25,790,094$0$0$8,423,608
83$28,262,589$0$0$9,237,783
84$30,982,298$0$0$10,133,585
85$33,974,280$0$0$11,119,296
86$37,266,147$0$0$12,204,040
87$40,888,318$0$0$13,397,871
88$44,874,312$0$0$14,711,867
89$49,261,063$0$0$16,158,234
90$54,089,264$0$0$17,750,422
91$59,403,754$0$0$19,503,250
92$65,253,939$0$0$21,433,049
93$71,694,260$0$0$23,557,813
94$78,784,703$0$0$25,897,367
95$86,591,366$0$0$28,473,561
96$95,187,084$0$0$31,310,469
97$104,652,112$0$0$34,434,618
98$115,074,885$0$0$37,875,241
99$126,552,851$0$0$41,664,548
100$139,193,390$0$0$45,838,035