Can I retire at age 35 with 703,000?

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 $703,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$58,053$57,536$57,031$56,539$56,058$55,130
2 years$28,739$28,204$27,685$27,182$26,694$25,761
3 years$18,969$18,432$17,914$17,416$16,936$16,028
4 years$14,085$13,549$13,037$12,547$12,079$11,203
5 years$11,155$10,623$10,117$9,637$9,182$8,340
6 years$9,203$8,674$8,176$7,707$7,266$6,459
7 years$7,809$7,285$6,794$6,336$5,909$5,138
8 years$6,764$6,244$5,762$5,316$4,902$4,166
9 years$5,951$5,437$4,963$4,528$4,128$3,427
10 years$5,302$4,792$4,327$3,903$3,517$2,851
11 years$4,771$4,266$3,809$3,397$3,025$2,392
12 years$4,328$3,829$3,381$2,979$2,621$2,022
13 years$3,954$3,460$3,020$2,630$2,286$1,718
14 years$3,634$3,145$2,714$2,335$2,004$1,467
15 years$3,357$2,873$2,450$2,082$1,764$1,257
16 years$3,115$2,636$2,221$1,864$1,559$1,081
17 years$2,901$2,428$2,021$1,675$1,383$933
18 years$2,711$2,244$1,845$1,510$1,229$806
19 years$2,542$2,079$1,689$1,364$1,096$698
20 years$2,389$1,932$1,550$1,236$979$606
21 years$2,252$1,800$1,426$1,121$876$526
22 years$2,127$1,680$1,314$1,020$785$458
23 years$2,013$1,571$1,214$928$705$399
24 years$1,908$1,472$1,122$847$633$347
25 years$1,812$1,382$1,039$773$570$303
26 years$1,724$1,298$964$707$513$265
27 years$1,643$1,222$895$647$463$231
28 years$1,567$1,151$832$593$418$202
29 years$1,497$1,086$774$544$377$177
30 years$1,431$1,026$721$499$341$155
31 years$1,370$970$673$458$308$135
32 years$1,313$918$627$421$279$118
33 years$1,259$869$586$387$252$104
34 years$1,209$824$547$356$228$91
35 years$1,161$781$512$328$207$79
36 years$1,117$741$479$302$187$70
37 years$1,074$704$448$278$170$61
38 years$1,035$669$420$257$154$53
39 years$997$636$393$237$140$47
40 years$961$605$369$218$127$41
41 years$927$576$346$201$115$36
42 years$895$549$324$186$104$32
43 years$864$523$304$172$95$28
44 years$835$499$286$158$86$24
45 years$807$475$268$146$78$21
46 years$781$454$252$135$71$19
47 years$756$433$237$125$64$16
48 years$732$413$222$115$58$14
49 years$708$395$209$107$53$13
50 years$686$377$196$99$48$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $703,000, adding $2,736 every year, while hoping to spend $36,266 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: 52/27/21 Blend
34$703,000$703,000$703,000$703,000
35$777,528$740,269$729,373$813,314
36$818,249$737,956$715,220$835,957
37$861,909$734,313$699,378$856,595
38$908,767$729,239$681,751$878,276
39$959,112$722,622$662,240$901,112
40$1,013,258$714,347$640,742$925,228
41$1,071,551$704,291$617,147$950,764
42$1,134,371$692,323$591,343$977,876
43$1,202,134$678,304$563,211$1,006,738
44$1,275,299$662,088$532,625$1,037,544
45$1,354,369$643,519$499,457$1,070,510
46$1,439,897$622,434$463,572$1,105,879
47$1,532,491$598,658$424,826$1,143,918
48$1,632,821$572,008$383,073$1,184,926
49$1,741,620$542,288$338,158$1,229,236
50$1,859,698$509,293$289,919$1,277,218
51$1,987,944$472,805$238,188$1,329,283
52$2,127,335$432,593$182,788$1,385,889
53$2,278,948$388,415$123,536$1,447,543
54$2,443,966$340,012$60,240$1,514,809
55$2,623,691$287,114$0$1,588,314
56$2,819,558$229,432$0$1,670,389
57$3,033,142$166,664$0$1,774,679
58$3,266,181$98,489$0$1,888,575
59$3,520,585$24,569$0$2,013,077
60$3,798,458$0$0$2,149,287
61$4,102,115$0$0$2,314,903
62$4,434,106$0$0$2,504,020
63$4,797,238$0$0$2,710,947
64$5,194,601$0$0$2,937,453
65$5,629,598$0$0$3,185,487
66$6,105,978$0$0$3,457,196
67$6,627,866$0$0$3,754,943
68$7,199,807$0$0$4,081,331
69$7,826,808$0$0$4,439,227
70$8,514,380$0$0$4,831,789
71$9,268,595$0$0$5,262,495
72$10,096,142$0$0$5,735,176
73$11,004,386$0$0$6,254,051
74$12,001,442$0$0$6,823,769
75$13,096,247$0$0$7,449,450
76$14,298,648$0$0$8,136,734
77$15,619,492$0$0$8,891,836
78$17,070,727$0$0$9,721,601
79$18,665,516$0$0$10,633,570
80$20,418,361$0$0$11,636,051
81$22,345,239$0$0$12,738,198
82$24,463,751$0$0$13,950,094
83$26,793,289$0$0$15,282,851
84$29,355,218$0$0$16,748,710
85$32,173,078$0$0$18,361,157
86$35,272,804$0$0$20,135,051
87$38,682,971$0$0$22,086,767
88$42,435,064$0$0$24,234,342
89$46,563,773$0$0$26,597,654
90$51,107,321$0$0$29,198,604
91$56,107,823$0$0$32,061,321
92$61,611,684$0$0$35,212,397
93$67,670,036$0$0$38,681,128
94$74,339,220$0$0$42,499,797
95$81,681,316$0$0$46,703,976
96$89,764,730$0$0$51,332,861
97$98,664,838$0$0$56,429,642
98$108,464,696$0$0$62,041,911
99$119,255,825$0$0$68,222,110
100$131,139,073$0$0$75,028,024