Can I retire at age 35 with 701,000?

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 $701,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$57,888$57,372$56,869$56,378$55,899$54,547
2 years$28,657$28,124$27,606$27,105$26,618$25,265
3 years$18,915$18,379$17,863$17,366$16,888$15,575
4 years$14,045$13,511$13,000$12,511$12,045$10,782
5 years$11,124$10,592$10,088$9,610$9,156$7,947
6 years$9,177$8,650$8,153$7,685$7,245$6,091
7 years$7,787$7,264$6,775$6,318$5,892$4,794
8 years$6,745$6,226$5,746$5,300$4,888$3,845
9 years$5,934$5,421$4,949$4,515$4,116$3,127
10 years$5,287$4,779$4,315$3,892$3,507$2,571
11 years$4,757$4,254$3,798$3,387$3,016$2,132
12 years$4,316$3,818$3,371$2,971$2,614$1,779
13 years$3,943$3,451$3,012$2,623$2,279$1,493
14 years$3,624$3,136$2,706$2,328$1,998$1,258
15 years$3,347$2,865$2,443$2,076$1,759$1,065
16 years$3,106$2,629$2,215$1,859$1,555$903
17 years$2,893$2,421$2,016$1,670$1,379$768
18 years$2,703$2,237$1,840$1,505$1,226$655
19 years$2,534$2,073$1,685$1,360$1,093$559
20 years$2,382$1,927$1,546$1,232$976$478
21 years$2,245$1,795$1,422$1,118$873$410
22 years$2,121$1,675$1,311$1,017$783$351
23 years$2,007$1,567$1,210$926$703$301
24 years$1,903$1,468$1,119$844$632$259
25 years$1,807$1,378$1,037$771$568$222
26 years$1,719$1,295$961$705$512$191
27 years$1,638$1,219$893$645$462$164
28 years$1,562$1,148$830$591$417$142
29 years$1,492$1,083$772$542$376$122
30 years$1,427$1,023$719$498$340$105
31 years$1,366$967$671$457$307$90
32 years$1,309$915$626$420$278$78
33 years$1,255$867$584$386$252$67
34 years$1,205$821$546$355$228$58
35 years$1,158$779$510$327$206$50
36 years$1,113$739$477$301$187$43
37 years$1,071$702$447$278$169$37
38 years$1,032$667$418$256$154$32
39 years$994$635$392$236$139$28
40 years$958$604$367$218$126$24
41 years$925$575$345$201$115$21
42 years$892$547$323$185$104$18
43 years$862$522$303$171$94$15
44 years$833$497$285$158$86$13
45 years$805$474$267$146$78$11
46 years$779$452$251$135$71$10
47 years$754$432$236$124$64$8
48 years$729$412$222$115$58$7
49 years$706$393$208$106$53$6
50 years$684$376$196$98$48$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $701,000, adding $6,398 every year, while hoping to spend $30,454 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: 40/35/25 Blend
34$701,000$701,000$701,000$701,000
35$779,102$741,949$731,083$804,290
36$826,167$745,901$723,171$827,031
37$877,013$749,027$713,974$848,282
38$931,992$751,253$703,416$870,676
39$991,492$752,502$691,418$894,335
40$1,055,942$752,692$677,898$919,395
41$1,125,810$751,736$662,770$946,009
42$1,201,613$749,541$645,942$974,349
43$1,283,918$746,009$627,322$1,004,603
44$1,373,350$741,036$606,810$1,036,983
45$1,470,596$734,511$584,302$1,071,724
46$1,576,411$726,317$559,691$1,109,090
47$1,691,629$716,329$532,864$1,149,372
48$1,817,162$704,417$503,702$1,192,894
49$1,954,019$690,440$472,083$1,240,018
50$2,103,308$674,251$437,877$1,291,143
51$2,266,249$655,692$400,949$1,346,717
52$2,444,185$634,599$361,159$1,407,234
53$2,638,593$610,796$318,359$1,473,243
54$2,851,102$584,098$272,397$1,545,353
55$3,083,503$554,307$223,111$1,624,242
56$3,337,768$521,216$170,333$1,710,659
57$3,616,071$484,607$113,890$1,805,436
58$3,920,804$444,245$53,598$1,909,495
59$4,254,599$399,887$0$2,023,859
60$4,620,359$351,272$0$2,152,524
61$5,021,278$298,126$0$2,309,324
62$5,460,874$240,160$0$2,481,390
63$5,943,022$177,068$0$2,670,318
64$6,471,992$108,525$0$2,877,869
65$7,052,484$34,192$0$3,105,992
66$7,689,678$0$0$3,356,835
67$8,389,277$0$0$3,650,602
68$9,157,566$0$0$3,987,771
69$10,001,467$0$0$4,358,223
70$10,928,605$0$0$4,765,317
71$11,947,381$0$0$5,212,755
72$13,067,050$0$0$5,704,615
73$14,297,808$0$0$6,245,390
74$15,650,888$0$0$6,840,030
75$17,138,666$0$0$7,493,987
76$18,774,775$0$0$8,213,271
77$20,574,239$0$0$9,004,501
78$22,553,607$0$0$9,874,971
79$24,731,116$0$0$10,832,717
80$27,126,858$0$0$11,886,594
81$29,762,970$0$0$13,046,359
82$32,663,845$0$0$14,322,760
83$35,856,358$0$0$15,727,642
84$39,370,122$0$0$17,274,058
85$43,237,768$0$0$18,976,387
86$47,495,248$0$0$20,850,475
87$52,182,179$0$0$22,913,783
88$57,342,212$0$0$25,185,550
89$63,023,449$0$0$27,686,976
90$69,278,891$0$0$30,441,421
91$76,166,939$0$0$33,474,627
92$83,751,949$0$0$36,814,956
93$92,104,834$0$0$40,493,667
94$101,303,733$0$0$44,545,198
95$111,434,753$0$0$49,007,503
96$122,592,775$0$0$53,922,401
97$134,882,353$0$0$59,335,978
98$148,418,699$0$0$65,299,014
99$163,328,771$0$0$71,867,469
100$179,752,468$0$0$79,103,007