Can I retire at age 35 with 705,000?

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 $705,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$58,218$57,700$57,194$56,700$56,218$55,038
2 years$28,821$28,284$27,764$27,260$26,770$25,587
3 years$19,023$18,484$17,965$17,465$16,984$15,835
4 years$14,125$13,588$13,074$12,583$12,113$11,006
5 years$11,187$10,653$10,146$9,665$9,208$8,147
6 years$9,229$8,699$8,199$7,729$7,286$6,271
7 years$7,831$7,305$6,814$6,354$5,926$4,958
8 years$6,783$6,262$5,779$5,331$4,916$3,995
9 years$5,968$5,452$4,977$4,541$4,140$3,265
10 years$5,317$4,806$4,339$3,914$3,527$2,698
11 years$4,784$4,278$3,820$3,406$3,034$2,248
12 years$4,341$3,840$3,390$2,988$2,629$1,886
13 years$3,966$3,470$3,029$2,638$2,292$1,591
14 years$3,645$3,154$2,722$2,342$2,010$1,349
15 years$3,366$2,882$2,457$2,088$1,769$1,147
16 years$3,123$2,644$2,228$1,870$1,564$979
17 years$2,909$2,435$2,027$1,680$1,387$838
18 years$2,719$2,250$1,851$1,514$1,233$718
19 years$2,549$2,085$1,694$1,368$1,099$617
20 years$2,396$1,938$1,555$1,239$982$531
21 years$2,258$1,805$1,430$1,124$878$457
22 years$2,133$1,685$1,318$1,022$787$395
23 years$2,018$1,576$1,217$931$707$341
24 years$1,914$1,476$1,126$849$635$294
25 years$1,818$1,385$1,042$776$572$255
26 years$1,729$1,302$967$709$515$220
27 years$1,647$1,225$898$649$464$191
28 years$1,571$1,155$835$595$419$165
29 years$1,501$1,089$777$545$378$143
30 years$1,435$1,029$723$501$342$124
31 years$1,374$973$674$460$309$108
32 years$1,316$920$629$422$279$93
33 years$1,263$871$588$388$253$81
34 years$1,212$826$549$357$229$70
35 years$1,164$783$513$329$207$61
36 years$1,120$744$480$303$188$53
37 years$1,077$706$449$279$170$46
38 years$1,037$671$421$257$154$40
39 years$1,000$638$394$237$140$35
40 years$964$607$370$219$127$30
41 years$930$578$347$202$115$26
42 years$898$550$325$186$105$23
43 years$867$524$305$172$95$20
44 years$838$500$286$159$86$17
45 years$810$477$269$147$78$15
46 years$783$455$253$136$71$13
47 years$758$434$237$125$64$11
48 years$734$414$223$116$59$10
49 years$710$396$210$107$53$8
50 years$688$378$197$99$48$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $705,000, adding $3,964 every year, while hoping to spend $20,230 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: 61/11/28 Blend
34$705,000$705,000$705,000$705,000
35$780,999$743,634$732,706$822,527
36$839,136$758,547$735,727$866,175
37$902,525$773,514$738,172$911,273
38$971,681$788,514$739,999$960,074
39$1,047,169$803,528$741,165$1,012,944
40$1,129,613$818,533$741,627$1,070,287
41$1,219,698$833,506$741,336$1,132,547
42$1,318,181$848,421$740,244$1,200,215
43$1,425,892$863,250$738,299$1,273,831
44$1,543,747$877,963$735,446$1,353,993
45$1,672,754$892,529$731,628$1,441,357
46$1,814,024$906,911$726,786$1,536,649
47$1,968,778$921,074$720,858$1,640,668
48$2,138,364$934,977$713,777$1,754,295
49$2,324,264$948,578$705,475$1,878,504
50$2,528,111$961,830$695,881$2,014,364
51$2,751,703$974,685$684,918$2,163,059
52$2,997,023$987,090$672,509$2,325,892
53$3,266,251$998,990$658,570$2,504,298
54$3,561,792$1,010,324$643,015$2,699,861
55$3,886,294$1,021,028$625,755$2,914,329
56$4,242,672$1,031,035$606,694$3,149,626
57$4,634,139$1,040,271$585,733$3,407,876
58$5,064,237$1,048,659$562,770$3,691,419
59$5,536,862$1,056,117$537,696$4,002,835
60$6,056,312$1,062,556$510,399$4,344,970
61$6,627,318$1,067,884$480,760$4,720,960
62$7,255,095$1,072,000$448,656$5,134,262
63$7,945,387$1,074,800$413,957$5,588,689
64$8,704,521$1,076,171$376,530$6,088,442
65$9,539,472$1,075,992$336,234$6,638,155
66$10,457,921$1,074,139$292,920$7,242,936
67$11,468,332$1,070,475$246,437$7,908,413
68$12,580,032$1,064,859$196,622$8,640,793
69$13,803,297$1,057,138$143,310$9,446,918
70$15,149,447$1,047,152$86,326$10,334,330
71$16,630,959$1,034,731$25,485$11,311,343
72$18,261,577$1,019,693$0$12,387,119
73$20,056,448$1,001,847$0$13,583,546
74$22,032,259$980,991$0$14,908,866
75$24,207,400$956,910$0$16,367,792
76$26,602,132$929,377$0$17,973,920
77$29,238,783$898,149$0$19,742,228
78$32,141,954$862,974$0$21,689,225
79$35,338,754$823,580$0$23,833,103
80$38,859,055$779,684$0$26,193,907
81$42,735,773$730,982$0$28,793,731
82$47,005,178$677,157$0$31,656,919
83$51,707,239$617,870$0$34,810,297
84$56,885,997$552,766$0$38,283,431
85$62,589,984$481,467$0$42,108,900
86$68,872,679$403,575$0$46,322,607
87$75,793,012$318,670$0$50,964,117
88$83,415,922$226,307$0$56,077,031
89$91,812,967$126,017$0$61,709,398
90$101,063,002$17,304$0$67,914,167
91$111,252,921$0$0$74,749,689
92$122,478,480$0$0$82,292,416
93$134,845,195$0$0$90,604,307
94$148,469,343$0$0$99,761,430
95$163,479,057$0$0$109,849,917
96$180,015,536$0$0$120,964,684
97$198,234,377$0$0$133,210,324
98$218,307,043$0$0$146,702,098
99$240,422,483$0$0$161,567,019
100$264,788,914$0$0$177,945,053