Can I retire at age 35 with 709,000?

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 $709,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$58,549$58,027$57,518$57,022$56,537$54,618
2 years$28,984$28,445$27,921$27,414$26,922$25,008
3 years$19,131$18,589$18,067$17,565$17,081$15,231
4 years$14,205$13,665$13,148$12,654$12,182$10,412
5 years$11,251$10,713$10,204$9,720$9,261$7,574
6 years$9,281$8,748$8,246$7,773$7,328$5,727
7 years$7,875$7,347$6,852$6,391$5,959$4,443
8 years$6,821$6,298$5,811$5,361$4,944$3,511
9 years$6,002$5,483$5,005$4,566$4,163$2,813
10 years$5,347$4,833$4,364$3,936$3,547$2,277
11 years$4,811$4,303$3,842$3,426$3,051$1,858
12 years$4,365$3,862$3,410$3,005$2,644$1,525
13 years$3,988$3,490$3,046$2,653$2,305$1,258
14 years$3,665$3,172$2,737$2,355$2,021$1,043
15 years$3,386$2,898$2,471$2,100$1,779$867
16 years$3,141$2,659$2,240$1,880$1,573$722
17 years$2,926$2,449$2,039$1,690$1,394$603
18 years$2,734$2,263$1,861$1,523$1,240$505
19 years$2,563$2,097$1,704$1,376$1,105$423
20 years$2,410$1,949$1,564$1,246$987$355
21 years$2,271$1,815$1,438$1,131$883$298
22 years$2,145$1,694$1,326$1,028$792$251
23 years$2,030$1,585$1,224$936$711$211
24 years$1,925$1,485$1,132$854$639$178
25 years$1,828$1,393$1,048$780$575$150
26 years$1,739$1,310$972$713$518$126
27 years$1,657$1,232$903$653$467$106
28 years$1,580$1,161$839$598$421$90
29 years$1,509$1,096$781$548$380$76
30 years$1,443$1,035$728$503$344$64
31 years$1,382$978$678$462$311$54
32 years$1,324$925$633$425$281$45
33 years$1,270$876$591$391$254$38
34 years$1,219$831$552$359$230$32
35 years$1,171$788$516$331$209$27
36 years$1,126$748$483$305$189$23
37 years$1,084$710$452$281$171$19
38 years$1,043$675$423$259$155$16
39 years$1,005$642$397$239$141$14
40 years$969$611$372$220$128$12
41 years$935$581$348$203$116$10
42 years$903$554$327$187$105$8
43 years$872$527$307$173$95$7
44 years$842$503$288$160$87$6
45 years$814$479$270$148$79$5
46 years$788$457$254$136$71$4
47 years$762$436$239$126$65$4
48 years$738$417$224$116$59$3
49 years$715$398$211$108$53$3
50 years$692$380$198$99$49$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $709,000, adding $4,511 every year, while hoping to spend $33,912 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: 38/43/19 Blend
34$709,000$709,000$709,000$709,000
35$785,971$748,394$737,405$811,204
36$830,058$748,983$726,026$830,393
37$877,505$748,465$713,129$847,571
38$928,620$746,748$698,627$865,432
39$983,739$743,739$682,431$884,056
40$1,043,232$739,334$664,445$903,533
41$1,107,507$733,427$644,569$923,967
42$1,177,011$725,903$622,700$945,472
43$1,252,236$716,642$598,730$968,179
44$1,333,721$705,514$572,545$992,234
45$1,422,060$692,385$544,025$1,017,801
46$1,517,908$677,109$513,048$1,045,065
47$1,621,983$659,536$479,483$1,074,232
48$1,735,075$639,502$443,195$1,105,533
49$1,858,053$616,838$404,042$1,139,229
50$1,991,873$591,362$361,877$1,175,610
51$2,137,589$562,884$316,544$1,214,998
52$2,296,358$531,200$267,883$1,257,757
53$2,469,454$496,097$215,725$1,304,291
54$2,658,281$457,348$159,895$1,355,049
55$2,864,381$414,714$100,207$1,410,536
56$3,089,455$367,942$36,471$1,471,311
57$3,335,374$316,765$0$1,537,997
58$3,604,195$260,900$0$1,617,685
59$3,898,188$200,049$0$1,713,056
60$4,219,849$133,897$0$1,817,614
61$4,571,927$62,111$0$1,932,358
62$4,957,448$0$0$2,058,397
63$5,379,747$0$0$2,204,370
64$5,842,495$0$0$2,396,624
65$6,349,734$0$0$2,607,462
66$6,905,918$0$0$2,838,745
67$7,515,951$0$0$3,092,527
68$8,185,234$0$0$3,371,069
69$8,919,718$0$0$3,676,859
70$9,725,957$0$0$4,012,641
71$10,611,169$0$0$4,381,436
72$11,583,308$0$0$4,786,573
73$12,651,133$0$0$5,231,718
74$13,824,296$0$0$5,720,910
75$15,113,428$0$0$6,258,600
76$16,530,242$0$0$6,849,691
77$18,087,641$0$0$7,499,583
78$19,799,841$0$0$8,214,228
79$21,682,504$0$0$9,000,182
80$23,752,885$0$0$9,864,668
81$26,029,997$0$0$10,815,645
82$28,534,786$0$0$11,861,883
83$31,290,329$0$0$13,013,043
84$34,322,054$0$0$14,279,770
85$37,657,980$0$0$15,673,795
86$41,328,975$0$0$17,208,041
87$45,369,052$0$0$18,896,749
88$49,815,690$0$0$20,755,611
89$54,710,183$0$0$22,801,914
90$60,098,033$0$0$25,054,712
91$66,029,377$0$0$27,534,996
92$72,559,461$0$0$30,265,896
93$79,749,159$0$0$33,272,902
94$87,665,547$0$0$36,584,099
95$96,382,540$0$0$40,230,435
96$105,981,581$0$0$44,246,012
97$116,552,418$0$0$48,668,409
98$128,193,942$0$0$53,539,032
99$141,015,127$0$0$58,903,513
100$155,136,053$0$0$64,812,130