Can I retire at age 35 with 710,000?

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 $710,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$58,631$58,109$57,599$57,102$56,616$54,521
2 years$29,025$28,485$27,961$27,453$26,960$24,873
3 years$19,158$18,615$18,093$17,589$17,105$15,091
4 years$14,225$13,684$13,167$12,672$12,199$10,274
5 years$11,266$10,728$10,218$9,733$9,274$7,443
6 years$9,295$8,761$8,258$7,784$7,338$5,602
7 years$7,887$7,357$6,862$6,400$5,968$4,327
8 years$6,831$6,306$5,820$5,368$4,951$3,403
9 years$6,011$5,491$5,012$4,573$4,169$2,713
10 years$5,355$4,840$4,370$3,942$3,552$2,185
11 years$4,818$4,309$3,847$3,430$3,055$1,773
12 years$4,372$3,867$3,414$3,009$2,648$1,448
13 years$3,994$3,495$3,050$2,656$2,309$1,188
14 years$3,670$3,177$2,741$2,358$2,024$979
15 years$3,390$2,902$2,475$2,103$1,782$809
16 years$3,146$2,663$2,244$1,883$1,575$671
17 years$2,930$2,452$2,042$1,692$1,396$557
18 years$2,738$2,266$1,864$1,525$1,242$463
19 years$2,567$2,100$1,706$1,378$1,107$386
20 years$2,413$1,951$1,566$1,248$989$322
21 years$2,274$1,818$1,440$1,132$885$269
22 years$2,148$1,697$1,327$1,030$793$224
23 years$2,033$1,587$1,226$938$712$188
24 years$1,927$1,487$1,133$855$640$157
25 years$1,830$1,395$1,050$781$576$131
26 years$1,741$1,311$974$714$519$110
27 years$1,659$1,234$904$654$468$92
28 years$1,582$1,163$841$599$422$77
29 years$1,511$1,097$782$549$381$65
30 years$1,445$1,036$729$504$344$54
31 years$1,383$979$679$463$311$45
32 years$1,326$927$634$425$281$38
33 years$1,272$878$592$391$255$32
34 years$1,221$832$553$360$231$27
35 years$1,173$789$517$331$209$22
36 years$1,128$749$484$305$189$19
37 years$1,085$711$453$281$172$16
38 years$1,045$676$424$259$156$13
39 years$1,007$643$397$239$141$11
40 years$971$612$372$220$128$9
41 years$936$582$349$203$116$8
42 years$904$554$327$188$105$7
43 years$873$528$307$173$96$5
44 years$844$503$288$160$87$5
45 years$816$480$271$148$79$4
46 years$789$458$254$136$72$3
47 years$763$437$239$126$65$3
48 years$739$417$225$117$59$2
49 years$716$398$211$108$54$2
50 years$693$381$198$100$49$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $710,000, adding $2,064 every year, while hoping to spend $32,747 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: 36/48/16 Blend
34$710,000$710,000$710,000$710,000
35$784,549$746,919$735,914$808,886
36$829,730$748,675$725,725$828,435
37$878,423$749,420$714,096$846,277
38$930,950$749,070$700,946$864,838
39$987,667$747,534$686,188$884,202
40$1,048,964$744,719$669,731$904,460
41$1,115,271$740,523$651,480$925,716
42$1,187,060$734,840$631,336$948,088
43$1,264,850$727,557$609,195$971,707
44$1,349,210$718,552$584,948$996,721
45$1,440,769$707,701$558,483$1,023,296
46$1,540,215$694,866$529,680$1,051,618
47$1,648,309$679,906$498,416$1,081,896
48$1,765,884$662,669$464,561$1,114,365
49$1,893,859$642,995$427,979$1,149,284
50$2,033,246$620,715$388,529$1,186,947
51$2,185,155$595,648$346,063$1,227,680
52$2,350,812$567,606$300,427$1,271,848
53$2,531,563$536,386$251,459$1,319,857
54$2,728,891$501,778$198,992$1,372,161
55$2,944,428$463,556$142,849$1,429,265
56$3,179,972$421,482$82,846$1,491,732
57$3,437,500$375,306$18,793$1,560,190
58$3,719,191$324,762$0$1,635,336
59$4,027,443$269,570$0$1,726,408
60$4,364,897$209,433$0$1,829,779
61$4,734,461$144,040$0$1,943,235
62$5,139,338$73,059$0$2,067,880
63$5,583,053$0$0$2,204,936
64$6,069,492$0$0$2,357,797
65$6,602,932$0$0$2,567,846
66$7,188,085$0$0$2,798,360
67$7,830,141$0$0$3,051,397
68$8,534,816$0$0$3,329,224
69$9,308,407$0$0$3,634,337
70$10,157,850$0$0$3,969,485
71$11,090,785$0$0$4,337,699
72$12,115,631$0$0$4,742,315
73$13,241,658$0$0$5,187,010
74$14,479,082$0$0$5,675,835
75$15,839,158$0$0$6,213,253
76$17,334,282$0$0$6,804,179
77$18,978,113$0$0$7,454,031
78$20,785,702$0$0$8,168,776
79$22,773,626$0$0$8,954,989
80$24,960,155$0$0$9,819,916
81$27,365,413$0$0$10,771,538
82$30,011,576$0$0$11,818,651
83$32,923,076$0$0$12,970,944
84$36,126,835$0$0$14,239,095
85$39,652,514$0$0$15,634,868
86$43,532,795$0$0$17,171,227
87$47,803,691$0$0$18,862,455
88$52,504,880$0$0$20,724,290
89$57,680,084$0$0$22,774,076
90$63,377,480$0$0$25,030,921
91$69,650,153$0$0$27,515,881
92$76,556,595$0$0$30,252,160
93$84,161,262$0$0$33,265,323
94$92,535,175$0$0$36,583,543
95$101,756,595$0$0$40,237,864
96$111,911,760$0$0$44,262,494
97$123,095,695$0$0$48,695,128
98$135,413,113$0$0$53,577,303
99$148,979,400$0$0$58,954,791
100$163,921,703$0$0$64,878,029