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%12.7%
1 years$57,392$56,881$56,382$55,896$55,420$54,796
2 years$28,412$27,883$27,370$26,873$26,391$25,762
3 years$18,753$18,222$17,710$17,218$16,743$16,130
4 years$13,925$13,395$12,889$12,404$11,941$11,348
5 years$11,028$10,502$10,002$9,528$9,078$8,506
6 years$9,098$8,576$8,083$7,619$7,183$6,634
7 years$7,720$7,202$6,717$6,264$5,842$5,315
8 years$6,687$6,173$5,697$5,255$4,846$4,343
9 years$5,884$5,375$4,907$4,476$4,081$3,600
10 years$5,241$4,738$4,278$3,858$3,477$3,018
11 years$4,716$4,218$3,766$3,358$2,991$2,553
12 years$4,279$3,786$3,342$2,945$2,592$2,176
13 years$3,909$3,421$2,986$2,600$2,260$1,865
14 years$3,593$3,110$2,683$2,308$1,981$1,606
15 years$3,319$2,841$2,422$2,059$1,744$1,389
16 years$3,079$2,606$2,196$1,843$1,542$1,205
17 years$2,868$2,400$1,998$1,656$1,367$1,049
18 years$2,680$2,218$1,824$1,493$1,215$915
19 years$2,513$2,056$1,670$1,349$1,083$800
20 years$2,362$1,910$1,533$1,221$968$701
21 years$2,226$1,779$1,410$1,109$866$615
22 years$2,102$1,661$1,299$1,008$776$540
23 years$1,990$1,553$1,200$918$697$475
24 years$1,887$1,455$1,110$837$626$419
25 years$1,792$1,366$1,028$765$564$369
26 years$1,705$1,284$953$699$508$325
27 years$1,624$1,208$885$640$458$287
28 years$1,549$1,138$823$586$413$254
29 years$1,479$1,074$766$538$373$224
30 years$1,415$1,014$713$493$337$198
31 years$1,354$959$665$453$305$175
32 years$1,298$907$620$416$276$155
33 years$1,245$859$579$383$249$137
34 years$1,195$814$541$352$226$122
35 years$1,148$772$506$324$204$108
36 years$1,104$733$473$299$185$95
37 years$1,062$696$443$275$168$84
38 years$1,023$662$415$254$152$75
39 years$985$629$389$234$138$66
40 years$950$599$364$216$125$59
41 years$917$570$342$199$114$52
42 years$885$543$320$184$103$46
43 years$855$517$301$170$94$41
44 years$826$493$282$157$85$36
45 years$798$470$265$145$77$32
46 years$772$448$249$134$70$29
47 years$747$428$234$123$64$25
48 years$723$408$220$114$58$22
49 years$700$390$207$105$52$20
50 years$679$373$194$97$48$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $695,000, adding $2,075 every year, while hoping to spend $49,847 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: 45/49/6 Blend
34$695,000$695,000$695,000$695,000
35$768,030$731,195$720,423$801,227
36$793,333$713,987$691,520$807,106
37$819,545$694,265$659,979$808,131
38$846,708$671,853$625,657$808,077
39$874,864$646,566$588,408$806,860
40$904,058$618,206$548,078$804,391
41$934,339$586,564$504,506$800,577
42$965,757$551,422$457,522$795,321
43$998,368$512,545$406,953$788,518
44$1,032,229$469,688$352,614$780,061
45$1,067,403$422,589$294,313$769,833
46$1,103,956$370,974$231,850$757,715
47$1,141,960$314,552$165,017$743,579
48$1,181,490$253,015$93,596$727,291
49$1,222,628$186,039$17,357$708,712
50$1,265,462$113,280$0$687,694
51$1,310,086$34,378$0$668,179
52$1,356,601$0$0$647,361
53$1,405,117$0$0$651,500
54$1,455,751$0$0$675,183
55$1,508,630$0$0$699,934
56$1,563,891$0$0$725,819
57$1,621,682$0$0$752,912
58$1,682,163$0$0$781,289
59$1,745,508$0$0$811,036
60$1,811,905$0$0$842,244
61$1,881,558$0$0$875,011
62$1,954,687$0$0$909,448
63$2,031,534$0$0$945,670
64$2,112,360$0$0$983,806
65$2,197,448$0$0$1,023,994
66$2,287,109$0$0$1,066,386
67$2,381,679$0$0$1,111,148
68$2,481,526$0$0$1,158,460
69$2,587,049$0$0$1,208,517
70$2,698,687$0$0$1,261,534
71$2,816,917$0$0$1,317,747
72$2,942,259$0$0$1,377,411
73$3,075,284$0$0$1,440,806
74$3,216,615$0$0$1,508,238
75$3,366,931$0$0$1,580,043
76$3,526,981$0$0$1,656,589
77$3,697,578$0$0$1,738,276
78$3,879,619$0$0$1,825,547
79$4,074,081$0$0$1,918,882
80$4,282,039$0$0$2,018,813
81$4,504,670$0$0$2,125,919
82$4,743,263$0$0$2,240,837
83$4,999,235$0$0$2,364,266
84$5,274,139$0$0$2,496,973
85$5,569,681$0$0$2,639,800
86$5,887,731$0$0$2,793,672
87$6,230,346$0$0$2,959,604
88$6,599,783$0$0$3,138,712
89$6,998,521$0$0$3,332,221
90$7,429,285$0$0$3,541,480
91$7,895,071$0$0$3,767,968
92$8,399,168$0$0$4,013,313
93$8,945,196$0$0$4,279,305
94$9,537,132$0$0$4,567,913
95$10,179,350$0$0$4,881,300
96$10,876,662$0$0$5,221,848
97$11,634,359$0$0$5,592,175
98$12,458,261$0$0$5,995,163
99$13,354,774$0$0$6,433,983
100$14,330,942$0$0$6,912,122