Can I retire at age 35 with 695,000?

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 $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%12.2%
1 years$57,392$56,881$56,382$55,896$55,420$54,910
2 years$28,412$27,883$27,370$26,873$26,391$25,877
3 years$18,753$18,222$17,710$17,218$16,743$16,241
4 years$13,925$13,395$12,889$12,404$11,941$11,455
5 years$11,028$10,502$10,002$9,528$9,078$8,609
6 years$9,098$8,576$8,083$7,619$7,183$6,732
7 years$7,720$7,202$6,717$6,264$5,842$5,409
8 years$6,687$6,173$5,697$5,255$4,846$4,432
9 years$5,884$5,375$4,907$4,476$4,081$3,685
10 years$5,241$4,738$4,278$3,858$3,477$3,099
11 years$4,716$4,218$3,766$3,358$2,991$2,630
12 years$4,279$3,786$3,342$2,945$2,592$2,248
13 years$3,909$3,421$2,986$2,600$2,260$1,933
14 years$3,593$3,110$2,683$2,308$1,981$1,670
15 years$3,319$2,841$2,422$2,059$1,744$1,449
16 years$3,079$2,606$2,196$1,843$1,542$1,262
17 years$2,868$2,400$1,998$1,656$1,367$1,102
18 years$2,680$2,218$1,824$1,493$1,215$965
19 years$2,513$2,056$1,670$1,349$1,083$847
20 years$2,362$1,910$1,533$1,221$968$745
21 years$2,226$1,779$1,410$1,109$866$656
22 years$2,102$1,661$1,299$1,008$776$578
23 years$1,990$1,553$1,200$918$697$511
24 years$1,887$1,455$1,110$837$626$451
25 years$1,792$1,366$1,028$765$564$399
26 years$1,705$1,284$953$699$508$354
27 years$1,624$1,208$885$640$458$313
28 years$1,549$1,138$823$586$413$278
29 years$1,479$1,074$766$538$373$247
30 years$1,415$1,014$713$493$337$219
31 years$1,354$959$665$453$305$194
32 years$1,298$907$620$416$276$173
33 years$1,245$859$579$383$249$153
34 years$1,195$814$541$352$226$136
35 years$1,148$772$506$324$204$121
36 years$1,104$733$473$299$185$108
37 years$1,062$696$443$275$168$96
38 years$1,023$662$415$254$152$85
39 years$985$629$389$234$138$76
40 years$950$599$364$216$125$68
41 years$917$570$342$199$114$60
42 years$885$543$320$184$103$54
43 years$855$517$301$170$94$48
44 years$826$493$282$157$85$43
45 years$798$470$265$145$77$38
46 years$772$448$249$134$70$34
47 years$747$428$234$123$64$30
48 years$723$408$220$114$58$27
49 years$700$390$207$105$52$24
50 years$679$373$194$97$48$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $695,000, adding $6,022 every year, while hoping to spend $21,017 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: 36/39/25 Blend
34$695,000$695,000$695,000$695,000
35$772,102$735,267$724,494$793,906
36$828,494$748,933$726,403$824,196
37$889,934$762,564$727,671$854,520
38$956,915$776,137$728,255$886,843
39$1,029,977$789,625$728,109$921,357
40$1,109,720$803,001$727,185$958,276
41$1,196,798$816,236$725,433$997,834
42$1,291,936$829,296$722,800$1,040,293
43$1,395,930$842,147$719,230$1,085,939
44$1,509,655$854,753$714,665$1,135,090
45$1,634,078$867,074$709,044$1,188,098
46$1,770,261$879,068$702,304$1,245,349
47$1,919,374$890,689$694,377$1,307,273
48$2,082,706$901,888$685,195$1,374,343
49$2,261,676$912,614$674,682$1,447,081
50$2,457,846$922,811$662,764$1,526,066
51$2,672,938$932,421$649,358$1,611,935
52$2,908,848$941,380$634,382$1,705,393
53$3,167,664$949,621$617,747$1,807,218
54$3,451,686$957,073$599,362$1,918,270
55$3,763,447$963,658$579,129$2,039,497
56$4,105,737$969,296$556,949$2,171,948
57$4,481,632$973,901$532,716$2,316,780
58$4,894,517$977,381$506,320$2,475,270
59$5,348,122$979,637$477,647$2,648,828
60$5,846,557$980,566$446,575$2,839,012
61$6,394,351$980,058$412,980$3,047,539
62$6,996,489$977,996$376,729$3,276,308
63$7,658,468$974,255$337,687$3,527,412
64$8,386,342$968,703$295,709$3,803,161
65$9,186,780$961,201$250,646$4,106,106
66$10,067,131$951,599$202,343$4,439,062
67$11,035,492$939,741$150,635$4,805,133
68$12,100,783$925,459$95,352$5,207,747
69$13,272,834$908,578$36,317$5,650,686
70$14,562,473$888,909$0$6,138,120
71$15,981,634$866,254$0$6,681,771
72$17,543,464$840,403$0$7,290,399
73$19,262,449$811,135$0$7,959,963
74$21,154,551$778,213$0$8,696,699
75$23,237,359$741,389$0$9,507,480
76$25,530,252$700,399$0$10,399,889
77$28,054,585$654,966$0$11,382,282
78$30,833,887$604,794$0$12,463,873
79$33,894,087$549,572$0$13,654,821
80$37,263,754$488,971$0$14,966,324
81$40,974,370$422,644$0$16,410,729
82$45,060,625$350,223$0$18,001,648
83$49,560,744$271,319$0$19,754,085
84$54,516,850$185,523$0$21,684,584
85$59,975,356$92,402$0$23,811,379
86$65,987,411$0$0$26,154,576
87$72,609,374$0$0$28,739,983
88$79,903,352$0$0$31,631,583
89$87,937,782$0$0$34,816,870
90$96,788,079$0$0$38,325,761
91$106,537,346$0$0$42,191,222
92$117,277,161$0$0$46,449,582
93$129,108,436$0$0$51,140,872
94$142,142,375$0$0$56,309,207
95$156,501,519$0$0$62,003,199
96$172,320,906$0$0$68,276,417
97$189,749,341$0$0$75,187,894
98$208,950,805$0$0$82,802,681
99$230,106,001$0$0$91,192,463
100$253,414,055$0$0$100,436,236