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%13.6%
1 years$58,631$58,109$57,599$57,102$56,616$55,770
2 years$29,025$28,485$27,961$27,453$26,960$26,110
3 years$19,158$18,615$18,093$17,589$17,105$16,276
4 years$14,225$13,684$13,167$12,672$12,199$11,399
5 years$11,266$10,728$10,218$9,733$9,274$8,504
6 years$9,295$8,761$8,258$7,784$7,338$6,600
7 years$7,887$7,357$6,862$6,400$5,968$5,262
8 years$6,831$6,306$5,820$5,368$4,951$4,277
9 years$6,011$5,491$5,012$4,573$4,169$3,527
10 years$5,355$4,840$4,370$3,942$3,552$2,941
11 years$4,818$4,309$3,847$3,430$3,055$2,474
12 years$4,372$3,867$3,414$3,009$2,648$2,096
13 years$3,994$3,495$3,050$2,656$2,309$1,786
14 years$3,670$3,177$2,741$2,358$2,024$1,529
15 years$3,390$2,902$2,475$2,103$1,782$1,314
16 years$3,146$2,663$2,244$1,883$1,575$1,133
17 years$2,930$2,452$2,042$1,692$1,396$980
18 years$2,738$2,266$1,864$1,525$1,242$850
19 years$2,567$2,100$1,706$1,378$1,107$738
20 years$2,413$1,951$1,566$1,248$989$642
21 years$2,274$1,818$1,440$1,132$885$560
22 years$2,148$1,697$1,327$1,030$793$488
23 years$2,033$1,587$1,226$938$712$427
24 years$1,927$1,487$1,133$855$640$373
25 years$1,830$1,395$1,050$781$576$326
26 years$1,741$1,311$974$714$519$286
27 years$1,659$1,234$904$654$468$251
28 years$1,582$1,163$841$599$422$220
29 years$1,511$1,097$782$549$381$193
30 years$1,445$1,036$729$504$344$169
31 years$1,383$979$679$463$311$148
32 years$1,326$927$634$425$281$130
33 years$1,272$878$592$391$255$115
34 years$1,221$832$553$360$231$101
35 years$1,173$789$517$331$209$88
36 years$1,128$749$484$305$189$78
37 years$1,085$711$453$281$172$68
38 years$1,045$676$424$259$156$60
39 years$1,007$643$397$239$141$53
40 years$971$612$372$220$128$47
41 years$936$582$349$203$116$41
42 years$904$554$327$188$105$36
43 years$873$528$307$173$96$32
44 years$844$503$288$160$87$28
45 years$816$480$271$148$79$25
46 years$789$458$254$136$72$22
47 years$763$437$239$126$65$19
48 years$739$417$225$117$59$17
49 years$716$398$211$108$54$15
50 years$693$381$198$100$49$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $710,000, adding $5,836 every year, while hoping to spend $51,680 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: 37/44/19 Blend
34$710,000$710,000$710,000$710,000
35$788,440$750,810$739,805$812,899
36$813,874$732,612$709,601$812,945
37$840,169$711,791$676,654$807,701
38$867,361$688,163$640,816$800,962
39$895,483$661,534$601,934$792,624
40$924,572$631,700$559,849$782,575
41$954,668$598,442$514,393$770,699
42$985,811$561,533$465,392$756,872
43$1,018,044$520,728$412,663$740,963
44$1,051,413$475,772$356,016$722,837
45$1,085,965$426,393$295,251$702,348
46$1,121,752$372,305$230,160$679,344
47$1,158,828$313,205$160,527$653,664
48$1,197,249$248,772$86,126$625,140
49$1,237,075$178,670$6,718$593,595
50$1,278,372$102,540$0$558,841
51$1,321,208$20,005$0$536,499
52$1,365,654$0$0$513,027
53$1,411,789$0$0$520,467
54$1,459,695$0$0$538,262
55$1,509,460$0$0$556,760
56$1,561,179$0$0$575,999
57$1,614,953$0$0$596,017
58$1,670,890$0$0$616,857
59$1,729,105$0$0$638,564
60$1,789,723$0$0$661,187
61$1,852,878$0$0$684,779
62$1,918,714$0$0$709,395
63$1,987,386$0$0$735,098
64$2,059,061$0$0$761,952
65$2,133,918$0$0$790,030
66$2,212,154$0$0$819,408
67$2,293,978$0$0$850,170
68$2,379,617$0$0$882,406
69$2,469,319$0$0$916,213
70$2,563,351$0$0$951,699
71$2,662,001$0$0$988,978
72$2,765,586$0$0$1,028,176
73$2,874,446$0$0$1,069,429
74$2,988,952$0$0$1,112,887
75$3,109,510$0$0$1,158,709
76$3,236,559$0$0$1,207,074
77$3,370,579$0$0$1,258,172
78$3,512,090$0$0$1,312,213
79$3,661,664$0$0$1,369,426
80$3,819,922$0$0$1,430,061
81$3,987,542$0$0$1,494,391
82$4,165,266$0$0$1,562,715
83$4,353,904$0$0$1,635,358
84$4,554,342$0$0$1,712,677
85$4,767,550$0$0$1,795,065
86$4,994,587$0$0$1,882,948
87$5,236,616$0$0$1,976,797
88$5,494,909$0$0$2,077,124
89$5,770,858$0$0$2,184,493
90$6,065,992$0$0$2,299,523
91$6,381,983$0$0$2,422,890
92$6,720,670$0$0$2,555,338
93$7,084,066$0$0$2,697,683
94$7,474,382$0$0$2,850,821
95$7,894,044$0$0$3,015,735
96$8,345,716$0$0$3,193,506
97$8,832,323$0$0$3,385,320
98$9,357,076$0$0$3,592,480
99$9,923,506$0$0$3,816,418
100$10,535,490$0$0$4,058,710