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%20%
1 years$57,723$57,209$56,707$56,217$55,739$53,507
2 years$28,576$28,043$27,528$27,028$26,542$24,321
3 years$18,861$18,327$17,812$17,317$16,840$14,700
4 years$14,005$13,472$12,963$12,476$12,010$9,968
5 years$11,092$10,562$10,060$9,583$9,130$7,190
6 years$9,151$8,625$8,130$7,663$7,224$5,388
7 years$7,764$7,243$6,756$6,300$5,875$4,143
8 years$6,725$6,209$5,729$5,285$4,874$3,243
9 years$5,917$5,406$4,935$4,502$4,105$2,573
10 years$5,272$4,765$4,302$3,881$3,497$2,061
11 years$4,744$4,242$3,788$3,377$3,008$1,664
12 years$4,304$3,807$3,361$2,962$2,607$1,352
13 years$3,932$3,441$3,003$2,615$2,273$1,103
14 years$3,614$3,128$2,698$2,322$1,992$904
15 years$3,338$2,857$2,436$2,070$1,754$743
16 years$3,097$2,621$2,209$1,854$1,550$612
17 years$2,884$2,414$2,010$1,666$1,375$505
18 years$2,696$2,231$1,835$1,501$1,222$418
19 years$2,527$2,067$1,680$1,356$1,090$346
20 years$2,376$1,921$1,542$1,228$973$287
21 years$2,239$1,789$1,418$1,115$871$238
22 years$2,114$1,670$1,307$1,014$781$197
23 years$2,001$1,562$1,207$923$701$164
24 years$1,897$1,464$1,116$842$630$136
25 years$1,802$1,374$1,034$769$567$113
26 years$1,714$1,291$959$703$511$94
27 years$1,633$1,215$890$644$460$78
28 years$1,558$1,145$827$590$415$65
29 years$1,488$1,080$770$541$375$54
30 years$1,423$1,020$717$496$339$45
31 years$1,362$964$669$456$306$38
32 years$1,305$912$624$419$277$31
33 years$1,252$864$583$385$251$26
34 years$1,202$819$544$354$227$22
35 years$1,155$777$509$326$206$18
36 years$1,110$737$476$300$186$15
37 years$1,068$700$446$277$169$13
38 years$1,029$665$417$255$153$10
39 years$991$633$391$235$139$9
40 years$956$602$366$217$126$7
41 years$922$573$344$200$114$6
42 years$890$546$322$185$104$5
43 years$859$520$302$171$94$4
44 years$831$496$284$157$85$4
45 years$803$473$267$145$78$3
46 years$777$451$250$134$70$2
47 years$751$430$235$124$64$2
48 years$727$411$221$115$58$2
49 years$704$392$208$106$53$1
50 years$682$375$195$98$48$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $699,000, adding $2,256 every year, while hoping to spend $40,036 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: 59/32/9 Blend
34$699,000$699,000$699,000$699,000
35$772,625$735,578$724,744$816,493
36$808,835$729,023$706,424$839,675
37$847,396$720,806$686,150$860,208
38$888,507$710,801$663,812$881,610
39$932,383$698,879$639,298$903,968
40$979,261$684,900$612,490$927,378
41$1,029,403$668,716$583,265$951,948
42$1,083,091$650,173$551,494$977,799
43$1,140,640$629,105$517,043$1,005,067
44$1,202,392$605,337$479,770$1,033,903
45$1,268,722$578,685$439,529$1,064,475
46$1,340,045$548,954$396,166$1,096,974
47$1,416,812$515,935$349,520$1,131,609
48$1,499,522$479,412$299,425$1,168,614
49$1,588,722$439,152$245,704$1,208,252
50$1,685,012$394,911$188,176$1,250,815
51$1,789,053$346,430$126,649$1,296,626
52$1,901,569$293,438$60,924$1,346,049
53$2,023,357$235,645$0$1,399,484
54$2,155,295$172,746$0$1,458,264
55$2,298,345$104,421$0$1,528,304
56$2,453,567$30,329$0$1,604,321
57$2,622,127$0$0$1,686,952
58$2,805,306$0$0$1,794,472
59$3,004,515$0$0$1,923,065
60$3,221,305$0$0$2,063,059
61$3,457,382$0$0$2,215,564
62$3,714,627$0$0$2,381,800
63$3,995,104$0$0$2,563,109
64$4,301,090$0$0$2,760,971
65$4,635,089$0$0$2,977,012
66$4,999,858$0$0$3,213,023
67$5,398,431$0$0$3,470,977
68$5,834,148$0$0$3,753,044
69$6,310,689$0$0$4,061,615
70$6,832,103$0$0$4,399,322
71$7,402,849$0$0$4,769,062
72$8,027,838$0$0$5,174,028
73$8,712,478$0$0$5,617,733
74$9,462,724$0$0$6,104,050
75$10,285,135$0$0$6,637,239
76$11,186,934$0$0$7,221,997
77$12,176,077$0$0$7,863,495
78$13,261,326$0$0$8,567,429
79$14,452,335$0$0$9,340,072
80$15,759,735$0$0$10,188,336
81$17,195,238$0$0$11,119,834
82$18,771,743$0$0$12,142,951
83$20,503,465$0$0$13,266,927
84$22,406,057$0$0$14,501,938
85$24,496,768$0$0$15,859,196
86$26,794,598$0$0$17,351,054
87$29,320,480$0$0$18,991,119
88$32,097,477$0$0$20,794,384
89$35,150,996$0$0$22,777,366
90$38,509,030$0$0$24,958,264
91$42,202,422$0$0$27,357,128
92$46,265,152$0$0$29,996,049
93$50,734,660$0$0$32,899,368
94$55,652,198$0$0$36,093,903
95$61,063,217$0$0$39,609,203
96$67,017,796$0$0$43,477,825
97$73,571,115$0$0$47,735,645
98$80,783,974$0$0$52,422,188
99$88,723,365$0$0$57,581,011
100$97,463,107$0$0$63,260,104