Can I retire at age 35 with 702,000?

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 $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%16.8%
1 years$57,971$57,454$56,950$56,459$55,978$54,427
2 years$28,698$28,164$27,646$27,144$26,656$25,105
3 years$18,942$18,405$17,889$17,391$16,912$15,409
4 years$14,065$13,530$13,018$12,529$12,062$10,619
5 years$11,140$10,608$10,103$9,624$9,169$7,790
6 years$9,190$8,662$8,165$7,696$7,255$5,941
7 years$7,798$7,274$6,785$6,327$5,900$4,652
8 years$6,754$6,235$5,754$5,308$4,895$3,711
9 years$5,943$5,429$4,956$4,521$4,122$3,002
10 years$5,294$4,785$4,321$3,897$3,512$2,454
11 years$4,764$4,260$3,804$3,392$3,021$2,023
12 years$4,322$3,824$3,376$2,975$2,618$1,679
13 years$3,949$3,456$3,016$2,627$2,283$1,400
14 years$3,629$3,141$2,710$2,332$2,001$1,173
15 years$3,352$2,869$2,447$2,079$1,762$986
16 years$3,110$2,633$2,218$1,862$1,557$831
17 years$2,897$2,424$2,019$1,673$1,381$703
18 years$2,707$2,240$1,843$1,508$1,228$595
19 years$2,538$2,076$1,687$1,362$1,094$505
20 years$2,386$1,929$1,548$1,234$977$429
21 years$2,248$1,797$1,424$1,120$875$365
22 years$2,124$1,678$1,312$1,018$784$310
23 years$2,010$1,569$1,212$927$704$264
24 years$1,906$1,470$1,121$846$633$225
25 years$1,810$1,380$1,038$772$569$192
26 years$1,722$1,297$963$706$513$164
27 years$1,640$1,220$894$646$462$140
28 years$1,565$1,150$831$592$417$120
29 years$1,494$1,085$773$543$377$102
30 years$1,429$1,024$720$498$340$87
31 years$1,368$968$672$458$308$75
32 years$1,311$916$627$421$278$64
33 years$1,257$868$585$387$252$55
34 years$1,207$822$547$356$228$47
35 years$1,160$780$511$328$207$40
36 years$1,115$740$478$302$187$34
37 years$1,073$703$447$278$170$29
38 years$1,033$668$419$256$154$25
39 years$995$635$393$236$139$21
40 years$960$605$368$218$126$18
41 years$926$576$345$201$115$16
42 years$894$548$324$186$104$13
43 years$863$522$304$171$94$12
44 years$834$498$285$158$86$10
45 years$806$475$268$146$78$8
46 years$780$453$251$135$71$7
47 years$755$432$236$125$64$6
48 years$731$413$222$115$58$5
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 $2,533 every year, while hoping to spend $38,677 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: 33/38/29 Blend
34$702,000$702,000$702,000$702,000
35$776,217$739,011$728,130$794,933
36$814,239$734,070$711,370$804,481
37$854,843$727,591$692,753$811,165
38$898,251$719,458$672,174$817,624
39$944,708$709,547$649,528$823,865
40$994,481$697,727$624,699$829,901
41$1,047,864$683,861$597,572$835,747
42$1,105,177$667,801$568,022$841,425
43$1,166,775$649,394$535,921$846,964
44$1,233,046$628,473$501,134$852,398
45$1,304,414$604,867$463,520$857,772
46$1,381,349$578,390$422,932$863,137
47$1,464,363$548,847$379,217$868,557
48$1,554,022$516,034$332,214$874,108
49$1,650,945$479,733$281,756$879,878
50$1,755,814$439,712$227,667$885,971
51$1,869,378$395,730$169,766$892,508
52$1,992,462$347,528$107,860$899,628
53$2,125,972$294,835$41,752$907,494
54$2,270,903$237,364$0$916,291
55$2,428,352$174,812$0$935,143
56$2,599,523$106,857$0$969,748
57$2,785,744$33,163$0$1,007,520
58$2,988,473$0$0$1,048,846
59$3,209,316$0$0$1,113,659
60$3,450,039$0$0$1,199,517
61$3,712,587$0$0$1,293,259
62$3,999,101$0$0$1,395,661
63$4,311,936$0$0$1,507,579
64$4,653,684$0$0$1,629,954
65$5,027,203$0$0$1,763,822
66$5,435,633$0$0$1,910,324
67$5,882,437$0$0$2,070,717
68$6,371,424$0$0$2,246,385
69$6,906,790$0$0$2,438,851
70$7,493,157$0$0$2,649,793
71$8,135,612$0$0$2,881,061
72$8,839,760$0$0$3,134,689
73$9,611,771$0$0$3,412,919
74$10,458,444$0$0$3,718,221
75$11,387,265$0$0$4,053,316
76$12,406,480$0$0$4,421,199
77$13,525,174$0$0$4,825,171
78$14,753,351$0$0$5,268,868
79$16,102,033$0$0$5,756,295
80$17,583,362$0$0$6,291,865
81$19,210,713$0$0$6,880,438
82$20,998,819$0$0$7,527,371
83$22,963,914$0$0$8,238,562
84$25,123,880$0$0$9,020,511
85$27,498,418$0$0$9,880,380
86$30,109,233$0$0$10,826,059
87$32,980,240$0$0$11,866,241
88$36,137,786$0$0$13,010,502
89$39,610,899$0$0$14,269,396
90$43,431,561$0$0$15,654,550
91$47,635,012$0$0$17,178,774
92$52,260,078$0$0$18,856,184
93$57,349,539$0$0$20,702,333
94$62,950,532$0$0$22,734,358
95$69,114,993$0$0$24,971,141
96$75,900,149$0$0$27,433,490
97$83,369,058$0$0$30,144,330
98$91,591,198$0$0$33,128,923
99$100,643,130$0$0$36,415,106
100$110,609,212$0$0$40,033,551