Can I retire at age 35 with 702,000?

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 $702,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$57,971$57,454$56,950$56,459$55,978$54,493
2 years$28,698$28,164$27,646$27,144$26,656$25,170
3 years$18,942$18,405$17,889$17,391$16,912$15,471
4 years$14,065$13,530$13,018$12,529$12,062$10,678
5 years$11,140$10,608$10,103$9,624$9,169$7,846
6 years$9,190$8,662$8,165$7,696$7,255$5,994
7 years$7,798$7,274$6,785$6,327$5,900$4,701
8 years$6,754$6,235$5,754$5,308$4,895$3,757
9 years$5,943$5,429$4,956$4,521$4,122$3,045
10 years$5,294$4,785$4,321$3,897$3,512$2,494
11 years$4,764$4,260$3,804$3,392$3,021$2,060
12 years$4,322$3,824$3,376$2,975$2,618$1,712
13 years$3,949$3,456$3,016$2,627$2,283$1,431
14 years$3,629$3,141$2,710$2,332$2,001$1,202
15 years$3,352$2,869$2,447$2,079$1,762$1,012
16 years$3,110$2,633$2,218$1,862$1,557$855
17 years$2,897$2,424$2,019$1,673$1,381$724
18 years$2,707$2,240$1,843$1,508$1,228$615
19 years$2,538$2,076$1,687$1,362$1,094$523
20 years$2,386$1,929$1,548$1,234$977$445
21 years$2,248$1,797$1,424$1,120$875$379
22 years$2,124$1,678$1,312$1,018$784$324
23 years$2,010$1,569$1,212$927$704$276
24 years$1,906$1,470$1,121$846$633$236
25 years$1,810$1,380$1,038$772$569$202
26 years$1,722$1,297$963$706$513$173
27 years$1,640$1,220$894$646$462$148
28 years$1,565$1,150$831$592$417$127
29 years$1,494$1,085$773$543$377$109
30 years$1,429$1,024$720$498$340$93
31 years$1,368$968$672$458$308$80
32 years$1,311$916$627$421$278$68
33 years$1,257$868$585$387$252$59
34 years$1,207$822$547$356$228$50
35 years$1,160$780$511$328$207$43
36 years$1,115$740$478$302$187$37
37 years$1,073$703$447$278$170$32
38 years$1,033$668$419$256$154$27
39 years$995$635$393$236$139$23
40 years$960$605$368$218$126$20
41 years$926$576$345$201$115$17
42 years$894$548$324$186$104$15
43 years$863$522$304$171$94$13
44 years$834$498$285$158$86$11
45 years$806$475$268$146$78$9
46 years$780$453$251$135$71$8
47 years$755$432$236$125$64$7
48 years$731$413$222$115$58$6
49 years$707$394$209$106$53$5
50 years$685$376$196$98$48$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $702,000, adding $3,979 every year, while hoping to spend $33,810 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: 56/23/21 Blend
34$702,000$702,000$702,000$702,000
35$777,708$740,502$729,621$816,644
36$821,061$740,813$718,090$843,993
37$867,702$740,006$705,039$869,835
38$917,933$737,991$690,383$897,254
39$972,080$734,671$674,029$926,410
40$1,030,508$729,945$655,884$957,482
41$1,093,612$723,705$635,848$990,668
42$1,161,829$715,835$613,818$1,026,186
43$1,235,640$706,215$589,685$1,064,280
44$1,315,571$694,716$563,336$1,105,220
45$1,402,203$681,201$534,651$1,149,306
46$1,496,174$665,526$503,508$1,196,869
47$1,598,184$647,537$469,776$1,248,277
48$1,709,005$627,073$433,320$1,303,938
49$1,829,487$603,962$393,999$1,364,303
50$1,960,561$578,023$351,665$1,429,873
51$2,103,256$549,064$306,163$1,501,202
52$2,258,701$516,881$257,333$1,578,904
53$2,428,140$481,260$205,005$1,663,658
54$2,612,942$441,974$149,005$1,756,215
55$2,814,614$398,782$89,148$1,857,408
56$3,034,814$351,432$25,244$1,968,158
57$3,275,366$299,654$0$2,089,483
58$3,538,282$243,165$0$2,232,135
59$3,825,774$181,667$0$2,394,396
60$4,140,276$114,842$0$2,572,032
61$4,484,473$42,358$0$2,766,616
62$4,861,318$0$0$2,979,887
63$5,274,062$0$0$3,222,908
64$5,726,288$0$0$3,500,984
65$6,221,941$0$0$3,805,827
66$6,765,366$0$0$4,140,119
67$7,361,346$0$0$4,506,810
68$8,015,152$0$0$4,909,152
69$8,732,590$0$0$5,350,727
70$9,520,053$0$0$5,835,478
71$10,384,584$0$0$6,367,753
72$11,333,943$0$0$6,952,336
73$12,376,675$0$0$7,594,502
74$13,522,196$0$0$8,300,059
75$14,780,877$0$0$9,075,406
76$16,164,146$0$0$9,927,595
77$17,684,590$0$0$10,864,391
78$19,356,079$0$0$11,894,353
79$21,193,890$0$0$13,026,907
80$23,214,858$0$0$14,272,440
81$25,437,529$0$0$15,642,397
82$27,882,337$0$0$17,149,385
83$30,571,797$0$0$18,807,298
84$33,530,714$0$0$20,631,440
85$36,786,418$0$0$22,638,678
86$40,369,025$0$0$24,847,594
87$44,311,716$0$0$27,278,661
88$48,651,049$0$0$29,954,441
89$53,427,311$0$0$32,899,791
90$58,684,887$0$0$36,142,101
91$64,472,688$0$0$39,711,553
92$70,844,606$0$0$43,641,402
93$77,860,024$0$0$47,968,293
94$85,584,377$0$0$52,732,604
95$94,089,766$0$0$57,978,829
96$103,455,643$0$0$63,755,994
97$113,769,553$0$0$70,118,125
98$125,127,968$0$0$77,124,753
99$137,637,189$0$0$84,841,475
100$151,414,356$0$0$93,340,579