Can I retire at age 35 with 701,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%17.6%
1 years$57,888$57,372$56,869$56,378$55,899$54,174
2 years$28,657$28,124$27,606$27,105$26,618$24,896
3 years$18,915$18,379$17,863$17,366$16,888$15,222
4 years$14,045$13,511$13,000$12,511$12,045$10,448
5 years$11,124$10,592$10,088$9,610$9,156$7,632
6 years$9,177$8,650$8,153$7,685$7,245$5,796
7 years$7,787$7,264$6,775$6,318$5,892$4,517
8 years$6,745$6,226$5,746$5,300$4,888$3,587
9 years$5,934$5,421$4,949$4,515$4,116$2,888
10 years$5,287$4,779$4,315$3,892$3,507$2,349
11 years$4,757$4,254$3,798$3,387$3,016$1,926
12 years$4,316$3,818$3,371$2,971$2,614$1,590
13 years$3,943$3,451$3,012$2,623$2,279$1,319
14 years$3,624$3,136$2,706$2,328$1,998$1,099
15 years$3,347$2,865$2,443$2,076$1,759$919
16 years$3,106$2,629$2,215$1,859$1,555$770
17 years$2,893$2,421$2,016$1,670$1,379$647
18 years$2,703$2,237$1,840$1,505$1,226$545
19 years$2,534$2,073$1,685$1,360$1,093$459
20 years$2,382$1,927$1,546$1,232$976$388
21 years$2,245$1,795$1,422$1,118$873$328
22 years$2,121$1,675$1,311$1,017$783$277
23 years$2,007$1,567$1,210$926$703$235
24 years$1,903$1,468$1,119$844$632$199
25 years$1,807$1,378$1,037$771$568$169
26 years$1,719$1,295$961$705$512$143
27 years$1,638$1,219$893$645$462$121
28 years$1,562$1,148$830$591$417$103
29 years$1,492$1,083$772$542$376$87
30 years$1,427$1,023$719$498$340$74
31 years$1,366$967$671$457$307$63
32 years$1,309$915$626$420$278$54
33 years$1,255$867$584$386$252$45
34 years$1,205$821$546$355$228$39
35 years$1,158$779$510$327$206$33
36 years$1,113$739$477$301$187$28
37 years$1,071$702$447$278$169$24
38 years$1,032$667$418$256$154$20
39 years$994$635$392$236$139$17
40 years$958$604$367$218$126$15
41 years$925$575$345$201$115$12
42 years$892$547$323$185$104$11
43 years$862$522$303$171$94$9
44 years$833$497$285$158$86$8
45 years$805$474$267$146$78$6
46 years$779$452$251$135$71$6
47 years$754$432$236$124$64$5
48 years$729$412$222$115$58$4
49 years$706$393$208$106$53$3
50 years$684$376$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 $701,000, adding $5,885 every year, while hoping to spend $25,034 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: 62/16/22 Blend
34$701,000$701,000$701,000$701,000
35$778,572$741,419$730,554$822,021
36$831,351$751,113$728,391$861,783
37$888,674$760,442$725,318$901,881
38$950,978$769,364$721,275$945,096
39$1,018,744$777,829$716,205$991,735
40$1,092,502$785,789$710,044$1,042,136
41$1,172,833$793,189$702,726$1,096,674
42$1,260,379$799,971$694,184$1,155,762
43$1,355,843$806,075$684,345$1,219,854
44$1,460,002$811,436$673,133$1,289,452
45$1,573,711$815,985$660,471$1,365,111
46$1,697,908$819,647$646,276$1,447,441
47$1,833,629$822,344$630,461$1,537,118
48$1,982,014$823,993$612,935$1,634,885
49$2,144,316$824,506$593,606$1,741,563
50$2,321,918$823,788$572,373$1,858,058
51$2,516,339$821,740$549,134$1,985,369
52$2,729,256$818,256$523,780$2,124,597
53$2,962,512$813,222$496,199$2,276,959
54$3,218,139$806,520$466,272$2,443,796
55$3,498,374$798,024$433,876$2,626,586
56$3,805,679$787,599$398,883$2,826,963
57$4,142,770$775,103$361,157$3,046,724
58$4,512,635$760,385$320,558$3,287,855
59$4,918,566$743,287$276,939$3,552,546
60$5,364,190$723,638$230,146$3,843,212
61$5,853,501$701,260$180,020$4,162,514
62$6,390,900$675,963$126,393$4,513,391
63$6,981,235$647,548$69,090$4,899,080
64$7,629,845$615,803$7,929$5,323,154
65$8,342,614$580,502$0$5,789,552
66$9,126,023$541,409$0$6,316,077
67$9,987,213$498,273$0$6,896,919
68$10,934,049$450,829$0$7,535,545
69$11,975,199$398,796$0$8,237,830
70$13,120,211$341,879$0$9,010,248
71$14,379,607$279,765$0$9,859,933
72$15,764,976$212,123$0$10,794,750
73$17,289,090$138,603$0$11,823,365
74$18,966,021$58,839$0$12,955,330
75$20,811,272$0$0$14,201,172
76$22,841,926$0$0$15,577,346
77$25,076,806$0$0$17,103,386
78$27,536,652$0$0$18,783,103
79$30,244,315$0$0$20,632,109
80$33,224,976$0$0$22,667,607
81$36,506,380$0$0$24,908,553
82$40,119,099$0$0$27,375,835
83$44,096,822$0$0$30,092,467
84$48,476,668$0$0$33,083,811
85$53,299,540$0$0$36,377,813
86$58,610,510$0$0$40,005,265
87$64,459,244$0$0$44,000,101
88$70,900,467$0$0$48,399,710
89$77,994,487$0$0$53,245,295
90$85,807,755$0$0$58,582,257
91$94,413,498$0$0$64,460,626
92$103,892,407$0$0$70,935,533
93$114,333,400$0$0$78,067,727
94$125,834,459$0$0$85,924,154
95$138,503,557$0$0$94,578,582
96$152,459,673$0$0$104,112,303
97$167,833,918$0$0$114,614,893
98$184,770,772$0$0$126,185,067
99$203,429,446$0$0$138,931,601
100$223,985,385$0$0$152,974,366