Can I retire at age 35 with 700,000?

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 $700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$57,805$57,290$56,788$56,298$55,819$54,141
2 years$28,617$28,084$27,567$27,066$26,580$24,904
3 years$18,888$18,353$17,838$17,342$16,864$15,241
4 years$14,025$13,491$12,981$12,494$12,027$10,471
5 years$11,108$10,577$10,074$9,596$9,143$7,658
6 years$9,164$8,637$8,141$7,674$7,235$5,821
7 years$7,776$7,254$6,765$6,309$5,884$4,543
8 years$6,735$6,218$5,738$5,293$4,881$3,611
9 years$5,926$5,414$4,942$4,508$4,111$2,911
10 years$5,279$4,772$4,308$3,886$3,502$2,371
11 years$4,750$4,248$3,793$3,382$3,012$1,947
12 years$4,310$3,813$3,366$2,967$2,610$1,609
13 years$3,938$3,446$3,008$2,619$2,276$1,337
14 years$3,619$3,132$2,702$2,325$1,995$1,115
15 years$3,343$2,861$2,440$2,073$1,757$933
16 years$3,101$2,625$2,212$1,857$1,553$784
17 years$2,889$2,418$2,013$1,668$1,377$659
18 years$2,700$2,234$1,837$1,503$1,224$556
19 years$2,531$2,070$1,682$1,358$1,091$469
20 years$2,379$1,924$1,544$1,230$975$397
21 years$2,242$1,792$1,420$1,117$872$336
22 years$2,117$1,673$1,309$1,015$782$285
23 years$2,004$1,565$1,208$925$702$241
24 years$1,900$1,466$1,118$843$631$205
25 years$1,805$1,376$1,035$770$568$174
26 years$1,717$1,293$960$704$511$148
27 years$1,635$1,217$891$645$461$126
28 years$1,560$1,147$829$591$416$107
29 years$1,490$1,082$771$542$376$91
30 years$1,425$1,021$718$497$339$77
31 years$1,364$966$670$456$307$66
32 years$1,307$914$625$419$278$56
33 years$1,254$865$583$386$251$48
34 years$1,203$820$545$355$227$40
35 years$1,156$778$510$327$206$34
36 years$1,112$738$477$301$187$29
37 years$1,070$701$446$277$169$25
38 years$1,030$666$418$256$153$21
39 years$993$634$391$236$139$18
40 years$957$603$367$217$126$15
41 years$923$574$344$201$114$13
42 years$891$547$323$185$104$11
43 years$861$521$303$171$94$10
44 years$832$496$284$158$86$8
45 years$804$473$267$146$78$7
46 years$778$452$251$135$70$6
47 years$753$431$236$124$64$5
48 years$728$411$221$115$58$4
49 years$705$393$208$106$53$4
50 years$683$375$196$98$48$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $700,000, adding $2,836 every year, while hoping to spend $27,988 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: 37/40/23 Blend
34$700,000$700,000$700,000$700,000
35$774,325$737,225$726,375$797,536
36$823,528$743,570$720,930$821,093
37$876,810$749,288$714,364$843,718
38$934,560$754,319$706,611$867,596
39$997,203$758,598$697,599$892,856
40$1,065,205$762,057$687,257$919,643
41$1,139,082$764,623$675,506$948,118
42$1,219,399$766,220$662,266$978,461
43$1,306,778$766,766$647,452$1,010,870
44$1,401,904$766,172$630,977$1,045,567
45$1,505,532$764,348$612,747$1,082,799
46$1,618,489$761,194$592,667$1,122,841
47$1,741,688$756,606$570,635$1,165,995
48$1,876,135$750,474$546,546$1,212,601
49$2,022,934$742,680$520,288$1,263,034
50$2,183,302$733,101$491,748$1,317,710
51$2,358,581$721,604$460,803$1,377,092
52$2,550,244$708,051$427,327$1,441,694
53$2,759,916$692,292$391,190$1,512,083
54$2,989,385$674,172$352,252$1,588,891
55$3,240,620$653,525$310,371$1,672,818
56$3,515,791$630,175$265,396$1,764,638
57$3,817,285$603,937$217,170$1,865,209
58$4,147,732$574,614$165,529$1,975,483
59$4,510,028$541,998$110,302$2,096,514
60$4,907,365$505,870$51,311$2,229,466
61$5,343,256$465,996$0$2,375,632
62$5,821,570$422,133$0$2,539,298
63$6,346,572$374,019$0$2,732,810
64$6,922,956$321,380$0$2,945,364
65$7,555,896$263,926$0$3,178,946
66$8,251,091$201,351$0$3,435,750
67$9,014,817$133,332$0$3,718,200
68$9,853,989$59,527$0$4,028,972
69$10,776,226$0$0$4,371,019
70$11,789,921$0$0$4,756,596
71$12,904,321$0$0$5,209,387
72$14,129,612$0$0$5,707,342
73$15,477,017$0$0$6,255,036
74$16,958,903$0$0$6,857,510
75$18,588,892$0$0$7,520,317
76$20,381,997$0$0$8,249,575
77$22,354,755$0$0$9,052,026
78$24,525,388$0$0$9,935,099
79$26,913,975$0$0$10,906,978
80$29,542,639$0$0$11,976,681
81$32,435,755$0$0$13,154,145
82$35,620,181$0$0$14,450,320
83$39,125,512$0$0$15,877,270
84$42,984,356$0$0$17,448,288
85$47,232,647$0$0$19,178,025
86$51,909,975$0$0$21,082,619
87$57,059,968$0$0$23,179,858
88$62,730,699$0$0$25,489,340
89$68,975,138$0$0$28,032,661
90$75,851,657$0$0$30,833,617
91$83,424,573$0$0$33,918,433
92$91,764,763$0$0$37,316,003
93$100,950,324$0$0$41,058,169
94$111,067,318$0$0$45,180,018
95$122,210,577$0$0$49,720,213
96$134,484,602$0$0$54,721,361
97$148,004,547$0$0$60,230,412
98$162,897,305$0$0$66,299,101
99$179,302,708$0$0$72,984,439
100$197,374,844$0$0$80,349,252