Can I retire at age 35 with 692,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $692,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$57,145$56,636$56,139$55,654$55,181$54,023
2 years$28,289$27,763$27,252$26,757$26,277$25,115
3 years$18,672$18,143$17,634$17,143$16,671$15,543
4 years$13,865$13,337$12,833$12,351$11,890$10,803
5 years$10,981$10,456$9,959$9,487$9,039$7,997
6 years$9,059$8,539$8,048$7,587$7,152$6,156
7 years$7,687$7,171$6,688$6,237$5,816$4,866
8 years$6,658$6,147$5,672$5,232$4,825$3,921
9 years$5,858$5,352$4,885$4,457$4,064$3,205
10 years$5,219$4,717$4,259$3,842$3,462$2,648
11 years$4,696$4,199$3,750$3,344$2,978$2,206
12 years$4,261$3,769$3,328$2,933$2,580$1,851
13 years$3,893$3,406$2,973$2,589$2,250$1,562
14 years$3,577$3,096$2,671$2,298$1,973$1,324
15 years$3,304$2,828$2,412$2,050$1,737$1,126
16 years$3,066$2,595$2,187$1,835$1,535$961
17 years$2,856$2,390$1,990$1,649$1,361$822
18 years$2,669$2,208$1,816$1,486$1,210$705
19 years$2,502$2,047$1,663$1,343$1,079$606
20 years$2,352$1,902$1,526$1,216$963$521
21 years$2,216$1,772$1,404$1,104$862$449
22 years$2,093$1,654$1,294$1,004$773$387
23 years$1,981$1,547$1,195$914$694$334
24 years$1,878$1,449$1,105$834$624$289
25 years$1,784$1,360$1,023$761$561$250
26 years$1,697$1,278$949$696$505$216
27 years$1,617$1,203$881$637$456$187
28 years$1,542$1,133$819$584$411$162
29 years$1,473$1,069$762$535$371$141
30 years$1,409$1,010$710$491$335$122
31 years$1,348$955$662$451$303$106
32 years$1,292$903$618$415$274$92
33 years$1,239$855$577$381$248$79
34 years$1,190$811$539$351$225$69
35 years$1,143$769$504$323$204$60
36 years$1,099$730$471$297$184$52
37 years$1,058$693$441$274$167$45
38 years$1,018$659$413$253$152$39
39 years$981$626$387$233$137$34
40 years$946$596$363$215$125$30
41 years$913$567$340$198$113$26
42 years$881$540$319$183$103$22
43 years$851$515$299$169$93$19
44 years$822$491$281$156$85$17
45 years$795$468$264$144$77$15
46 years$769$446$248$133$70$13
47 years$744$426$233$123$63$11
48 years$720$407$219$114$57$10
49 years$697$388$206$105$52$8
50 years$676$371$193$97$47$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $692,000, adding $5,637 every year, while hoping to spend $33,082 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: 62/20/18 Blend
34$692,000$692,000$692,000$692,000
35$768,399$731,723$720,997$812,183
36$811,576$732,378$709,951$843,010
37$858,049$731,957$697,427$872,431
38$908,119$730,371$683,339$903,778
39$962,116$727,528$667,600$937,239
40$1,020,404$723,329$650,116$973,027
41$1,083,381$717,669$630,792$1,011,373
42$1,151,488$710,437$609,525$1,052,535
43$1,225,207$701,514$586,211$1,096,799
44$1,305,066$690,777$560,738$1,144,480
45$1,391,651$678,093$532,990$1,195,927
46$1,485,601$663,322$502,847$1,251,527
47$1,587,623$646,315$470,183$1,311,707
48$1,698,491$626,915$434,865$1,376,940
49$1,819,059$604,956$396,754$1,447,747
50$1,950,266$580,261$355,708$1,524,707
51$2,093,144$552,645$311,575$1,608,458
52$2,248,830$521,910$264,199$1,699,707
53$2,418,574$487,847$213,413$1,799,234
54$2,603,755$450,238$159,048$1,907,901
55$2,805,886$408,847$100,924$2,026,661
56$3,026,635$363,430$38,855$2,156,569
57$3,267,839$313,725$0$2,298,787
58$3,531,520$259,459$0$2,459,861
59$3,819,902$200,340$0$2,644,258
60$4,135,437$136,061$0$2,846,116
61$4,480,822$66,298$0$3,067,211
62$4,859,028$0$0$3,309,501
63$5,273,329$0$0$3,577,190
64$5,727,326$0$0$3,886,568
65$6,224,990$0$0$4,225,754
66$6,770,689$0$0$4,597,735
67$7,369,238$0$0$5,005,797
68$8,025,939$0$0$5,453,563
69$8,746,632$0$0$5,945,022
70$9,537,751$0$0$6,484,568
71$10,406,381$0$0$7,077,043
72$11,360,328$0$0$7,727,778
73$12,408,192$0$0$8,442,648
74$13,559,445$0$0$9,228,123
75$14,824,522$0$0$10,091,333
76$16,214,921$0$0$11,040,132
77$17,743,307$0$0$12,083,172
78$19,423,633$0$0$13,229,986
79$21,271,275$0$0$14,491,076
80$23,303,168$0$0$15,878,014
81$25,537,974$0$0$17,403,548
82$27,996,254$0$0$19,081,725
83$30,700,660$0$0$20,928,021
84$33,676,153$0$0$22,959,488
85$36,950,233$0$0$25,194,915
86$40,553,201$0$0$27,655,001
87$44,518,445$0$0$30,362,558
88$48,882,751$0$0$33,342,719
89$53,686,654$0$0$36,623,175
90$58,974,818$0$0$40,234,443
91$64,796,456$0$0$44,210,145
92$71,205,797$0$0$48,587,329
93$78,262,594$0$0$53,406,821
94$86,032,689$0$0$58,713,603
95$94,588,635$0$0$64,557,245
96$104,010,376$0$0$70,992,366
97$114,386,006$0$0$78,079,154
98$125,812,597$0$0$85,883,929
99$138,397,116$0$0$94,479,773
100$152,257,433$0$0$103,947,218