Can I retire at age 35 with 699,000?

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 $699,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$57,723$57,209$56,707$56,217$55,739$53,826
2 years$28,576$28,043$27,528$27,028$26,542$24,634
3 years$18,861$18,327$17,812$17,317$16,840$14,997
4 years$14,005$13,472$12,963$12,476$12,010$10,246
5 years$11,092$10,562$10,060$9,583$9,130$7,450
6 years$9,151$8,625$8,130$7,663$7,224$5,629
7 years$7,764$7,243$6,756$6,300$5,875$4,365
8 years$6,725$6,209$5,729$5,285$4,874$3,448
9 years$5,917$5,406$4,935$4,502$4,105$2,760
10 years$5,272$4,765$4,302$3,881$3,497$2,233
11 years$4,744$4,242$3,788$3,377$3,008$1,820
12 years$4,304$3,807$3,361$2,962$2,607$1,494
13 years$3,932$3,441$3,003$2,615$2,273$1,232
14 years$3,614$3,128$2,698$2,322$1,992$1,020
15 years$3,338$2,857$2,436$2,070$1,754$847
16 years$3,097$2,621$2,209$1,854$1,550$705
17 years$2,884$2,414$2,010$1,666$1,375$589
18 years$2,696$2,231$1,835$1,501$1,222$492
19 years$2,527$2,067$1,680$1,356$1,090$412
20 years$2,376$1,921$1,542$1,228$973$346
21 years$2,239$1,789$1,418$1,115$871$290
22 years$2,114$1,670$1,307$1,014$781$244
23 years$2,001$1,562$1,207$923$701$205
24 years$1,897$1,464$1,116$842$630$172
25 years$1,802$1,374$1,034$769$567$145
26 years$1,714$1,291$959$703$511$122
27 years$1,633$1,215$890$644$460$103
28 years$1,558$1,145$827$590$415$87
29 years$1,488$1,080$770$541$375$73
30 years$1,423$1,020$717$496$339$62
31 years$1,362$964$669$456$306$52
32 years$1,305$912$624$419$277$44
33 years$1,252$864$583$385$251$37
34 years$1,202$819$544$354$227$31
35 years$1,155$777$509$326$206$26
36 years$1,110$737$476$300$186$22
37 years$1,068$700$446$277$169$19
38 years$1,029$665$417$255$153$16
39 years$991$633$391$235$139$13
40 years$956$602$366$217$126$11
41 years$922$573$344$200$114$9
42 years$890$546$322$185$104$8
43 years$859$520$302$171$94$7
44 years$831$496$284$157$85$6
45 years$803$473$267$145$78$5
46 years$777$451$250$134$70$4
47 years$751$430$235$124$64$3
48 years$727$411$221$115$58$3
49 years$704$392$208$106$53$2
50 years$682$375$195$98$48$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $699,000, adding $3,003 every year, while hoping to spend $22,209 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: 65/22/13 Blend
34$699,000$699,000$699,000$699,000
35$773,396$736,349$725,514$821,142
36$828,652$748,799$726,189$865,863
37$888,800$761,116$726,141$911,843
38$954,315$773,268$725,325$961,529
39$1,025,721$785,224$723,689$1,015,281
40$1,103,593$796,949$721,181$1,073,496
41$1,188,565$808,406$717,747$1,136,613
42$1,281,336$819,554$713,328$1,205,115
43$1,382,672$830,353$707,865$1,279,533
44$1,493,421$840,755$701,294$1,360,455
45$1,614,511$850,714$693,549$1,448,528
46$1,746,968$860,176$684,560$1,544,463
47$1,891,922$869,087$674,255$1,649,048
48$2,050,613$877,388$662,558$1,763,148
49$2,224,411$885,016$649,389$1,887,718
50$2,414,823$891,903$634,665$2,023,812
51$2,623,507$897,979$618,299$2,172,589
52$2,852,292$903,167$600,199$2,335,330
53$3,103,190$907,387$580,271$2,513,444
54$3,378,419$910,552$558,413$2,708,487
55$3,680,421$912,572$534,523$2,922,173
56$4,011,884$913,348$508,490$3,156,392
57$4,375,773$912,779$480,201$3,413,226
58$4,775,351$910,754$449,537$3,694,973
59$5,214,213$907,158$416,373$4,004,164
60$5,696,320$901,866$380,578$4,343,590
61$6,226,035$894,748$342,018$4,716,329
62$6,808,165$885,665$300,550$5,125,773
63$7,448,005$874,469$256,026$5,575,660
64$8,151,389$861,005$208,290$6,070,113
65$8,924,744$845,108$157,181$6,613,677
66$9,775,152$826,602$102,530$7,211,359
67$10,710,414$805,302$44,162$7,868,683
68$11,739,126$781,012$0$8,591,736
69$12,870,758$753,523$0$9,389,742
70$14,115,745$722,615$0$10,274,284
71$15,485,585$688,057$0$11,247,411
72$16,992,944$649,601$0$12,318,141
73$18,651,780$606,988$0$13,496,411
74$20,477,473$559,941$0$14,793,173
75$22,486,967$508,171$0$16,220,499
76$24,698,935$451,368$0$17,791,690
77$27,133,950$389,209$0$19,521,410
78$29,814,682$321,349$0$21,425,817
79$32,766,110$247,426$0$23,522,720
80$36,015,760$167,056$0$25,831,747
81$39,593,959$79,834$0$28,374,528
82$43,534,130$0$0$31,174,905
83$47,873,099$0$0$34,262,701
84$52,651,444$0$0$37,684,523
85$57,913,883$0$0$41,453,072
86$63,709,687$0$0$45,603,642
87$70,093,155$0$0$50,175,124
88$77,124,116$0$0$55,210,374
89$84,868,501$0$0$60,756,618
90$93,398,961$0$0$66,865,894
91$102,795,556$0$0$73,595,548
92$113,146,505$0$0$81,008,770
93$124,549,024$0$0$89,175,195
94$137,110,240$0$0$98,171,556
95$150,948,201$0$0$108,082,412
96$166,192,995$0$0$119,000,942
97$182,987,973$0$0$131,029,827
98$201,491,102$0$0$144,282,218
99$221,876,459$0$0$158,882,804
100$244,335,870$0$0$174,968,990