Can I retire at age 35 with 695,000?

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 $695,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$57,392$56,881$56,382$55,896$55,420$54,705
2 years$28,412$27,883$27,370$26,873$26,391$25,671
3 years$18,753$18,222$17,710$17,218$16,743$16,042
4 years$13,925$13,395$12,889$12,404$11,941$11,263
5 years$11,028$10,502$10,002$9,528$9,078$8,425
6 years$9,098$8,576$8,083$7,619$7,183$6,556
7 years$7,720$7,202$6,717$6,264$5,842$5,242
8 years$6,687$6,173$5,697$5,255$4,846$4,272
9 years$5,884$5,375$4,907$4,476$4,081$3,534
10 years$5,241$4,738$4,278$3,858$3,477$2,956
11 years$4,716$4,218$3,766$3,358$2,991$2,494
12 years$4,279$3,786$3,342$2,945$2,592$2,120
13 years$3,909$3,421$2,986$2,600$2,260$1,812
14 years$3,593$3,110$2,683$2,308$1,981$1,557
15 years$3,319$2,841$2,422$2,059$1,744$1,343
16 years$3,079$2,606$2,196$1,843$1,542$1,162
17 years$2,868$2,400$1,998$1,656$1,367$1,008
18 years$2,680$2,218$1,824$1,493$1,215$877
19 years$2,513$2,056$1,670$1,349$1,083$765
20 years$2,362$1,910$1,533$1,221$968$668
21 years$2,226$1,779$1,410$1,109$866$584
22 years$2,102$1,661$1,299$1,008$776$512
23 years$1,990$1,553$1,200$918$697$449
24 years$1,887$1,455$1,110$837$626$394
25 years$1,792$1,366$1,028$765$564$346
26 years$1,705$1,284$953$699$508$304
27 years$1,624$1,208$885$640$458$268
28 years$1,549$1,138$823$586$413$236
29 years$1,479$1,074$766$538$373$208
30 years$1,415$1,014$713$493$337$183
31 years$1,354$959$665$453$305$161
32 years$1,298$907$620$416$276$142
33 years$1,245$859$579$383$249$125
34 years$1,195$814$541$352$226$111
35 years$1,148$772$506$324$204$98
36 years$1,104$733$473$299$185$86
37 years$1,062$696$443$275$168$76
38 years$1,023$662$415$254$152$67
39 years$985$629$389$234$138$59
40 years$950$599$364$216$125$52
41 years$917$570$342$199$114$46
42 years$885$543$320$184$103$41
43 years$855$517$301$170$94$36
44 years$826$493$282$157$85$32
45 years$798$470$265$145$77$28
46 years$772$448$249$134$70$25
47 years$747$428$234$123$64$22
48 years$723$408$220$114$58$20
49 years$700$390$207$105$52$17
50 years$679$373$194$97$48$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $695,000, adding $2,626 every year, while hoping to spend $40,232 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: 35/35/30 Blend
34$695,000$695,000$695,000$695,000
35$768,599$731,764$720,991$788,489
36$804,189$724,814$702,338$796,744
37$842,062$716,175$681,711$801,869
38$882,406$705,721$659,003$806,638
39$925,431$693,321$634,099$811,049
40$971,365$678,833$606,881$815,101
41$1,020,457$662,109$577,224$818,796
42$1,072,982$642,991$545,000$822,144
43$1,129,240$621,312$510,072$825,156
44$1,189,562$596,895$472,298$827,851
45$1,254,308$569,554$431,531$830,254
46$1,323,876$539,091$387,615$832,398
47$1,398,701$505,296$340,390$834,323
48$1,479,261$467,948$289,686$836,082
49$1,566,082$426,814$235,327$837,736
50$1,659,741$381,646$177,129$839,359
51$1,760,872$332,184$114,900$841,042
52$1,870,171$278,151$48,439$842,889
53$1,988,403$219,256$0$845,024
54$2,116,411$155,190$0$854,788
55$2,255,119$85,628$0$882,166
56$2,405,544$10,227$0$911,901
57$2,568,806$0$0$944,291
58$2,746,134$0$0$1,007,159
59$2,938,882$0$0$1,079,863
60$3,148,538$0$0$1,159,037
61$3,376,741$0$0$1,245,311
62$3,625,292$0$0$1,339,379
63$3,896,176$0$0$1,442,003
64$4,191,574$0$0$1,554,025
65$4,513,890$0$0$1,676,368
66$4,865,768$0$0$1,810,051
67$5,250,118$0$0$1,956,194
68$5,670,145$0$0$2,116,032
69$6,129,377$0$0$2,290,924
70$6,631,698$0$0$2,482,364
71$7,181,386$0$0$2,692,001
72$7,783,149$0$0$2,921,648
73$8,442,174$0$0$3,173,304
74$9,164,171$0$0$3,449,169
75$9,955,430$0$0$3,751,666
76$10,822,878$0$0$4,083,464
77$11,774,143$0$0$4,447,503
78$12,817,629$0$0$4,847,021
79$13,962,589$0$0$5,285,585
80$15,219,219$0$0$5,767,124
81$16,598,746$0$0$6,295,965
82$18,113,542$0$0$6,876,878
83$19,777,231$0$0$7,515,113
84$21,604,823$0$0$8,216,457
85$23,612,855$0$0$8,987,284
86$25,819,543$0$0$9,834,617
87$28,244,955$0$0$10,766,194
88$30,911,202$0$0$11,790,537
89$33,842,641$0$0$12,917,038
90$37,066,111$0$0$14,156,043
91$40,611,176$0$0$15,518,954
92$44,510,415$0$0$17,018,330
93$48,799,719$0$0$18,668,010
94$53,518,632$0$0$20,483,243
95$58,710,727$0$0$22,480,829
96$64,424,012$0$0$24,679,280
97$70,711,382$0$0$27,098,993
98$77,631,121$0$0$29,762,444
99$85,247,451$0$0$32,694,396
100$93,631,131$0$0$35,922,136