Can I retire at age 35 with 692,000?

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 $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%16.6%
1 years$57,145$56,636$56,139$55,654$55,181$53,695
2 years$28,289$27,763$27,252$26,757$26,277$24,790
3 years$18,672$18,143$17,634$17,143$16,671$15,230
4 years$13,865$13,337$12,833$12,351$11,890$10,506
5 years$10,981$10,456$9,959$9,487$9,039$7,716
6 years$9,059$8,539$8,048$7,587$7,152$5,891
7 years$7,687$7,171$6,688$6,237$5,816$4,618
8 years$6,658$6,147$5,672$5,232$4,825$3,688
9 years$5,858$5,352$4,885$4,457$4,064$2,987
10 years$5,219$4,717$4,259$3,842$3,462$2,445
11 years$4,696$4,199$3,750$3,344$2,978$2,018
12 years$4,261$3,769$3,328$2,933$2,580$1,677
13 years$3,893$3,406$2,973$2,589$2,250$1,401
14 years$3,577$3,096$2,671$2,298$1,973$1,175
15 years$3,304$2,828$2,412$2,050$1,737$989
16 years$3,066$2,595$2,187$1,835$1,535$835
17 years$2,856$2,390$1,990$1,649$1,361$707
18 years$2,669$2,208$1,816$1,486$1,210$599
19 years$2,502$2,047$1,663$1,343$1,079$509
20 years$2,352$1,902$1,526$1,216$963$433
21 years$2,216$1,772$1,404$1,104$862$369
22 years$2,093$1,654$1,294$1,004$773$315
23 years$1,981$1,547$1,195$914$694$268
24 years$1,878$1,449$1,105$834$624$229
25 years$1,784$1,360$1,023$761$561$196
26 years$1,697$1,278$949$696$505$167
27 years$1,617$1,203$881$637$456$143
28 years$1,542$1,133$819$584$411$123
29 years$1,473$1,069$762$535$371$105
30 years$1,409$1,010$710$491$335$90
31 years$1,348$955$662$451$303$77
32 years$1,292$903$618$415$274$66
33 years$1,239$855$577$381$248$56
34 years$1,190$811$539$351$225$48
35 years$1,143$769$504$323$204$41
36 years$1,099$730$471$297$184$36
37 years$1,058$693$441$274$167$30
38 years$1,018$659$413$253$152$26
39 years$981$626$387$233$137$22
40 years$946$596$363$215$125$19
41 years$913$567$340$198$113$16
42 years$881$540$319$183$103$14
43 years$851$515$299$169$93$12
44 years$822$491$281$156$85$10
45 years$795$468$264$144$77$9
46 years$769$446$248$133$70$8
47 years$744$426$233$123$63$7
48 years$720$407$219$114$57$6
49 years$697$388$206$105$52$5
50 years$676$371$193$97$47$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $692,000, adding $5,409 every year, while hoping to spend $46,113 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: 49/36/15 Blend
34$692,000$692,000$692,000$692,000
35$768,163$731,487$720,761$802,362
36$797,452$718,266$695,843$813,292
37$828,183$702,852$668,544$819,945
38$860,454$685,088$638,737$826,157
39$894,372$664,810$606,287$831,903
40$930,054$641,841$571,053$837,158
41$967,626$615,997$532,890$841,897
42$1,007,225$587,083$491,643$846,097
43$1,049,002$554,889$447,153$849,737
44$1,093,119$519,199$399,252$852,795
45$1,139,756$479,778$347,765$855,253
46$1,189,107$436,383$292,511$857,097
47$1,241,384$388,754$233,299$858,312
48$1,296,820$336,617$169,928$858,891
49$1,355,667$279,683$102,193$858,830
50$1,418,205$217,647$29,875$858,128
51$1,484,735$150,185$0$856,793
52$1,555,590$76,956$0$862,410
53$1,631,133$0$0$873,025
54$1,711,764$0$0$884,874
55$1,797,918$0$0$930,153
56$1,890,074$0$0$978,634
57$1,988,756$0$0$1,030,598
58$2,094,539$0$0$1,086,355
59$2,208,054$0$0$1,146,244
60$2,329,994$0$0$1,210,639
61$2,461,119$0$0$1,279,947
62$2,602,262$0$0$1,354,617
63$2,754,340$0$0$1,435,144
64$2,918,360$0$0$1,522,069
65$3,095,426$0$0$1,615,987
66$3,286,754$0$0$1,717,553
67$3,493,679$0$0$1,827,485
68$3,717,668$0$0$1,946,575
69$3,960,334$0$0$2,075,692
70$4,223,452$0$0$2,215,792
71$4,508,971$0$0$2,367,926
72$4,819,037$0$0$2,533,250
73$5,156,009$0$0$2,713,037
74$5,522,484$0$0$2,908,686
75$5,921,317$0$0$3,121,737
76$6,355,650$0$0$3,353,885
77$6,828,941$0$0$3,606,995
78$7,344,996$0$0$3,883,119
79$7,908,004$0$0$4,184,516
80$8,522,573$0$0$4,513,673
81$9,193,778$0$0$4,873,328
82$9,927,207$0$0$5,266,494
83$10,729,009$0$0$5,696,490
84$11,605,955$0$0$6,166,969
85$12,565,501$0$0$6,681,955
86$13,615,857$0$0$7,245,876
87$14,766,062$0$0$7,863,612
88$16,026,072$0$0$8,540,534
89$17,406,849$0$0$9,282,560
90$18,920,469$0$0$10,096,205
91$20,580,229$0$0$10,988,648
92$22,400,775$0$0$11,967,792
93$24,398,240$0$0$13,042,345
94$26,590,393$0$0$14,221,899
95$28,996,807$0$0$15,517,019
96$31,639,042$0$0$16,939,341
97$34,540,848$0$0$18,501,688
98$37,728,390$0$0$20,218,182
99$41,230,489$0$0$22,104,382
100$45,078,896$0$0$24,177,428