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%13.7%
1 years$57,392$56,881$56,382$55,896$55,420$54,570
2 years$28,412$27,883$27,370$26,873$26,391$25,536
3 years$18,753$18,222$17,710$17,218$16,743$15,911
4 years$13,925$13,395$12,889$12,404$11,941$11,137
5 years$11,028$10,502$10,002$9,528$9,078$8,305
6 years$9,098$8,576$8,083$7,619$7,183$6,442
7 years$7,720$7,202$6,717$6,264$5,842$5,133
8 years$6,687$6,173$5,697$5,255$4,846$4,169
9 years$5,884$5,375$4,907$4,476$4,081$3,436
10 years$5,241$4,738$4,278$3,858$3,477$2,863
11 years$4,716$4,218$3,766$3,358$2,991$2,407
12 years$4,279$3,786$3,342$2,945$2,592$2,038
13 years$3,909$3,421$2,986$2,600$2,260$1,736
14 years$3,593$3,110$2,683$2,308$1,981$1,485
15 years$3,319$2,841$2,422$2,059$1,744$1,275
16 years$3,079$2,606$2,196$1,843$1,542$1,099
17 years$2,868$2,400$1,998$1,656$1,367$950
18 years$2,680$2,218$1,824$1,493$1,215$823
19 years$2,513$2,056$1,670$1,349$1,083$714
20 years$2,362$1,910$1,533$1,221$968$621
21 years$2,226$1,779$1,410$1,109$866$541
22 years$2,102$1,661$1,299$1,008$776$472
23 years$1,990$1,553$1,200$918$697$412
24 years$1,887$1,455$1,110$837$626$360
25 years$1,792$1,366$1,028$765$564$314
26 years$1,705$1,284$953$699$508$275
27 years$1,624$1,208$885$640$458$241
28 years$1,549$1,138$823$586$413$211
29 years$1,479$1,074$766$538$373$185
30 years$1,415$1,014$713$493$337$162
31 years$1,354$959$665$453$305$142
32 years$1,298$907$620$416$276$125
33 years$1,245$859$579$383$249$110
34 years$1,195$814$541$352$226$96
35 years$1,148$772$506$324$204$85
36 years$1,104$733$473$299$185$74
37 years$1,062$696$443$275$168$65
38 years$1,023$662$415$254$152$57
39 years$985$629$389$234$138$50
40 years$950$599$364$216$125$44
41 years$917$570$342$199$114$39
42 years$885$543$320$184$103$34
43 years$855$517$301$170$94$30
44 years$826$493$282$157$85$26
45 years$798$470$265$145$77$23
46 years$772$448$249$134$70$20
47 years$747$428$234$123$64$18
48 years$723$408$220$114$58$16
49 years$700$390$207$105$52$14
50 years$679$373$194$97$48$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $695,000, adding $4,130 every year, while hoping to spend $57,210 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: 53/41/6 Blend
34$695,000$695,000$695,000$695,000
35$770,150$733,315$722,543$809,686
36$787,834$708,377$685,877$811,975
37$805,405$680,299$646,065$807,839
38$822,790$648,867$602,942$801,951
39$839,908$613,855$556,334$794,156
40$856,668$575,023$506,061$784,286
41$872,967$532,118$451,932$772,161
42$888,689$484,871$393,751$757,586
43$903,705$432,999$331,312$740,351
44$917,870$376,204$264,398$720,230
45$931,023$314,168$192,786$696,977
46$942,983$246,557$116,239$670,330
47$953,548$173,019$34,514$640,004
48$962,493$93,181$0$605,692
49$969,569$6,649$0$570,435
50$974,497$0$0$533,080
51$976,968$0$0$530,292
52$976,638$0$0$528,829
53$973,124$0$0$525,467
54$966,004$0$0$519,957
55$954,806$0$0$512,023
56$939,010$0$0$501,359
57$918,037$0$0$487,627
58$891,247$0$0$470,450
59$857,931$0$0$449,414
60$817,303$0$0$424,057
61$768,496$0$0$393,872
62$710,547$0$0$358,294
63$642,392$0$0$316,701
64$562,855$0$0$268,405
65$470,637$0$0$212,643
66$364,298$0$0$148,575
67$242,252$0$0$75,270
68$102,742$0$0$0
69$0$0$0$0
70$0$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0