Can I retire at age 35 with 709,000?

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 $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%14%
1 years$58,549$58,027$57,518$57,022$56,537$55,600
2 years$28,984$28,445$27,921$27,414$26,922$25,981
3 years$19,131$18,589$18,067$17,565$17,081$16,165
4 years$14,205$13,665$13,148$12,654$12,182$11,298
5 years$11,251$10,713$10,204$9,720$9,261$8,411
6 years$9,281$8,748$8,246$7,773$7,328$6,514
7 years$7,875$7,347$6,852$6,391$5,959$5,182
8 years$6,821$6,298$5,811$5,361$4,944$4,202
9 years$6,002$5,483$5,005$4,566$4,163$3,457
10 years$5,347$4,833$4,364$3,936$3,547$2,875
11 years$4,811$4,303$3,842$3,426$3,051$2,413
12 years$4,365$3,862$3,410$3,005$2,644$2,039
13 years$3,988$3,490$3,046$2,653$2,305$1,733
14 years$3,665$3,172$2,737$2,355$2,021$1,479
15 years$3,386$2,898$2,471$2,100$1,779$1,268
16 years$3,141$2,659$2,240$1,880$1,573$1,091
17 years$2,926$2,449$2,039$1,690$1,394$940
18 years$2,734$2,263$1,861$1,523$1,240$813
19 years$2,563$2,097$1,704$1,376$1,105$704
20 years$2,410$1,949$1,564$1,246$987$611
21 years$2,271$1,815$1,438$1,131$883$531
22 years$2,145$1,694$1,326$1,028$792$462
23 years$2,030$1,585$1,224$936$711$402
24 years$1,925$1,485$1,132$854$639$350
25 years$1,828$1,393$1,048$780$575$306
26 years$1,739$1,310$972$713$518$267
27 years$1,657$1,232$903$653$467$233
28 years$1,580$1,161$839$598$421$204
29 years$1,509$1,096$781$548$380$178
30 years$1,443$1,035$728$503$344$156
31 years$1,382$978$678$462$311$136
32 years$1,324$925$633$425$281$119
33 years$1,270$876$591$391$254$105
34 years$1,219$831$552$359$230$92
35 years$1,171$788$516$331$209$80
36 years$1,126$748$483$305$189$70
37 years$1,084$710$452$281$171$62
38 years$1,043$675$423$259$155$54
39 years$1,005$642$397$239$141$47
40 years$969$611$372$220$128$41
41 years$935$581$348$203$116$36
42 years$903$554$327$187$105$32
43 years$872$527$307$173$95$28
44 years$842$503$288$160$87$24
45 years$814$479$270$148$79$21
46 years$788$457$254$136$71$19
47 years$762$436$239$126$65$17
48 years$738$417$224$116$59$14
49 years$715$398$211$108$53$13
50 years$692$380$198$99$49$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $709,000, adding $6,394 every year, while hoping to spend $42,917 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: 55/26/19 Blend
34$709,000$709,000$709,000$709,000
35$787,913$750,336$739,347$826,887
36$822,617$741,440$718,452$845,321
37$859,422$730,668$695,418$860,276
38$898,498$717,886$670,129$875,620
39$940,029$702,946$642,463$891,399
40$984,217$685,696$612,290$907,671
41$1,031,285$665,972$579,479$924,498
42$1,081,473$643,602$543,889$941,954
43$1,135,048$618,403$505,374$960,121
44$1,192,301$590,183$463,782$979,092
45$1,253,550$558,736$418,953$998,974
46$1,319,144$523,847$370,721$1,019,887
47$1,389,468$485,287$318,911$1,041,967
48$1,464,942$442,814$263,343$1,065,368
49$1,546,027$396,173$203,826$1,090,263
50$1,633,231$345,094$140,162$1,116,846
51$1,727,108$289,291$72,146$1,145,337
52$1,828,271$228,464$0$1,175,980
53$1,937,389$162,294$0$1,209,142
54$2,055,201$90,444$0$1,260,656
55$2,182,515$12,560$0$1,316,275
56$2,320,223$0$0$1,376,435
57$2,469,303$0$0$1,462,145
58$2,630,829$0$0$1,558,960
59$2,805,986$0$0$1,664,001
60$2,996,073$0$0$1,778,057
61$3,202,521$0$0$1,901,992
62$3,426,904$0$0$2,036,760
63$3,670,952$0$0$2,183,409
64$3,936,569$0$0$2,343,091
65$4,225,852$0$0$2,517,075
66$4,541,106$0$0$2,706,757
67$4,884,869$0$0$2,913,675
68$5,259,933$0$0$3,139,520
69$5,669,373$0$0$3,386,153
70$6,116,574$0$0$3,655,625
71$6,605,260$0$0$3,950,191
72$7,139,533$0$0$4,272,336
73$7,723,909$0$0$4,624,796
74$8,363,360$0$0$5,010,582
75$9,063,360$0$0$5,433,011
76$9,829,939$0$0$5,895,736
77$10,669,736$0$0$6,402,778
78$11,590,062$0$0$6,958,567
79$12,598,970$0$0$7,567,981
80$13,705,328$0$0$8,236,395
81$14,918,905$0$0$8,969,726
82$16,250,458$0$0$9,774,493
83$17,711,840$0$0$10,657,877
84$19,316,103$0$0$11,627,787
85$21,077,628$0$0$12,692,936
86$23,012,253$0$0$13,862,923
87$25,137,428$0$0$15,148,320
88$27,472,376$0$0$16,560,777
89$30,038,273$0$0$18,113,124
90$32,858,448$0$0$19,819,501
91$35,958,604$0$0$21,695,481
92$39,367,057$0$0$23,758,225
93$43,115,002$0$0$26,026,637
94$47,236,812$0$0$28,521,547
95$51,770,356$0$0$31,265,904
96$56,757,355$0$0$34,284,993
97$62,243,781$0$0$37,606,673
98$68,280,283$0$0$41,261,640
99$74,922,669$0$0$45,283,714
100$82,232,429$0$0$49,710,162