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%15.1%
1 years$57,805$57,290$56,788$56,298$55,819$54,647
2 years$28,617$28,084$27,567$27,066$26,580$25,406
3 years$18,888$18,353$17,838$17,342$16,864$15,722
4 years$14,025$13,491$12,981$12,494$12,027$10,928
5 years$11,108$10,577$10,074$9,596$9,143$8,089
6 years$9,164$8,637$8,141$7,674$7,235$6,227
7 years$7,776$7,254$6,765$6,309$5,884$4,923
8 years$6,735$6,218$5,738$5,293$4,881$3,966
9 years$5,926$5,414$4,942$4,508$4,111$3,242
10 years$5,279$4,772$4,308$3,886$3,502$2,678
11 years$4,750$4,248$3,793$3,382$3,012$2,232
12 years$4,310$3,813$3,366$2,967$2,610$1,873
13 years$3,938$3,446$3,008$2,619$2,276$1,580
14 years$3,619$3,132$2,702$2,325$1,995$1,339
15 years$3,343$2,861$2,440$2,073$1,757$1,139
16 years$3,101$2,625$2,212$1,857$1,553$972
17 years$2,889$2,418$2,013$1,668$1,377$832
18 years$2,700$2,234$1,837$1,503$1,224$713
19 years$2,531$2,070$1,682$1,358$1,091$613
20 years$2,379$1,924$1,544$1,230$975$527
21 years$2,242$1,792$1,420$1,117$872$454
22 years$2,117$1,673$1,309$1,015$782$392
23 years$2,004$1,565$1,208$925$702$338
24 years$1,900$1,466$1,118$843$631$292
25 years$1,805$1,376$1,035$770$568$253
26 years$1,717$1,293$960$704$511$219
27 years$1,635$1,217$891$645$461$189
28 years$1,560$1,147$829$591$416$164
29 years$1,490$1,082$771$542$376$142
30 years$1,425$1,021$718$497$339$123
31 years$1,364$966$670$456$307$107
32 years$1,307$914$625$419$278$93
33 years$1,254$865$583$386$251$80
34 years$1,203$820$545$355$227$70
35 years$1,156$778$510$327$206$61
36 years$1,112$738$477$301$187$53
37 years$1,070$701$446$277$169$46
38 years$1,030$666$418$256$153$40
39 years$993$634$391$236$139$34
40 years$957$603$367$217$126$30
41 years$923$574$344$201$114$26
42 years$891$547$323$185$104$23
43 years$861$521$303$171$94$20
44 years$832$496$284$158$86$17
45 years$804$473$267$146$78$15
46 years$778$452$251$135$70$13
47 years$753$431$236$124$64$11
48 years$728$411$221$115$58$10
49 years$705$393$208$106$53$8
50 years$683$375$196$98$48$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $700,000, adding $5,709 every year, while hoping to spend $34,214 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: 65/14/21 Blend
34$700,000$700,000$700,000$700,000
35$777,289$740,189$729,339$823,296
36$820,169$740,055$717,368$854,785
37$866,276$738,767$703,850$884,780
38$915,903$736,234$688,696$916,762
39$969,372$732,356$671,814$950,926
40$1,027,037$727,030$653,108$987,490
41$1,089,285$720,145$632,478$1,026,694
42$1,156,543$711,583$609,817$1,068,803
43$1,229,280$701,221$585,016$1,114,111
44$1,308,012$688,926$557,959$1,162,943
45$1,393,305$674,559$528,526$1,215,658
46$1,485,781$657,972$496,592$1,272,654
47$1,586,127$639,008$462,023$1,334,369
48$1,695,095$617,503$424,684$1,401,290
49$1,813,514$593,280$384,431$1,473,953
50$1,942,296$566,154$341,112$1,552,952
51$2,082,443$535,928$294,572$1,638,942
52$2,235,059$502,396$244,648$1,732,647
53$2,401,359$465,337$191,167$1,834,869
54$2,582,678$424,519$133,952$1,946,492
55$2,780,488$379,697$72,816$2,068,492
56$2,996,408$330,612$7,565$2,201,951
57$3,232,219$276,989$0$2,348,059
58$3,489,883$218,540$0$2,522,042
59$3,771,560$154,957$0$2,714,160
60$4,079,629$85,919$0$2,924,370
61$4,416,706$11,085$0$3,154,498
62$4,785,675$0$0$3,406,555
63$5,189,711$0$0$3,693,530
64$5,632,309$0$0$4,009,812
65$6,117,320$0$0$4,356,449
66$6,648,983$0$0$4,736,480
67$7,231,968$0$0$5,153,247
68$7,871,418$0$0$5,610,434
69$8,572,999$0$0$6,112,099
70$9,342,949$0$0$6,662,709
71$10,188,143$0$0$7,267,188
72$11,116,152$0$0$7,930,957
73$12,135,315$0$0$8,659,990
74$13,254,820$0$0$9,460,867
75$14,484,789$0$0$10,340,836
76$15,836,370$0$0$11,307,884
77$17,321,848$0$0$12,370,807
78$18,954,755$0$0$13,539,298
79$20,750,001$0$0$14,824,035
80$22,724,009$0$0$16,236,783
81$24,894,878$0$0$17,790,503
82$27,282,546$0$0$19,499,476
83$29,908,981$0$0$21,379,436
84$32,798,385$0$0$23,447,719
85$35,977,428$0$0$25,723,426
86$39,475,491$0$0$28,227,601
87$43,324,950$0$0$30,983,435
88$47,561,478$0$0$34,016,478
89$52,224,378$0$0$37,354,882
90$57,356,961$0$0$41,029,668
91$63,006,947$0$0$45,075,016
92$69,226,918$0$0$49,528,590
93$76,074,814$0$0$54,431,891
94$83,614,478$0$0$59,830,646
95$91,916,259$0$0$65,775,246
96$101,057,674$0$0$72,321,214
97$111,124,141$0$0$79,529,733
98$122,209,783$0$0$87,468,221
99$134,418,317$0$0$96,210,968
100$147,864,029$0$0$105,839,836