Can I retire at age 35 with 712,000?

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 $712,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$58,796$58,273$57,762$57,263$56,776$54,980
2 years$29,107$28,565$28,040$27,530$27,036$25,244
3 years$19,212$18,668$18,143$17,639$17,153$15,419
4 years$14,265$13,723$13,204$12,708$12,234$10,572
5 years$11,298$10,759$10,247$9,761$9,300$7,715
6 years$9,321$8,785$8,281$7,806$7,359$5,852
7 years$7,909$7,378$6,881$6,418$5,984$4,556
8 years$6,850$6,324$5,836$5,384$4,965$3,614
9 years$6,028$5,506$5,027$4,586$4,181$2,906
10 years$5,370$4,854$4,382$3,953$3,562$2,361
11 years$4,832$4,321$3,858$3,440$3,064$1,933
12 years$4,384$3,878$3,424$3,017$2,655$1,594
13 years$4,005$3,505$3,059$2,664$2,315$1,320
14 years$3,681$3,186$2,749$2,365$2,030$1,098
15 years$3,400$2,910$2,482$2,109$1,787$917
16 years$3,154$2,670$2,250$1,888$1,579$768
17 years$2,938$2,459$2,047$1,697$1,400$644
18 years$2,746$2,272$1,869$1,529$1,245$541
19 years$2,574$2,106$1,711$1,382$1,110$456
20 years$2,420$1,957$1,570$1,251$991$384
21 years$2,280$1,823$1,444$1,136$887$324
22 years$2,154$1,701$1,331$1,033$795$274
23 years$2,038$1,591$1,229$940$714$231
24 years$1,933$1,491$1,137$858$642$196
25 years$1,836$1,399$1,053$783$577$166
26 years$1,746$1,315$976$716$520$140
27 years$1,664$1,238$907$656$469$119
28 years$1,587$1,166$843$601$423$101
29 years$1,516$1,100$784$551$382$85
30 years$1,449$1,039$731$505$345$72
31 years$1,387$982$681$464$312$61
32 years$1,329$929$636$427$282$52
33 years$1,275$880$593$392$255$44
34 years$1,224$834$554$361$231$37
35 years$1,176$791$518$332$209$32
36 years$1,131$751$485$306$190$27
37 years$1,088$713$454$282$172$23
38 years$1,048$678$425$260$156$19
39 years$1,010$645$398$240$141$16
40 years$973$613$373$221$128$14
41 years$939$584$350$204$116$12
42 years$906$556$328$188$106$10
43 years$875$530$308$174$96$9
44 years$846$505$289$160$87$7
45 years$818$481$272$148$79$6
46 years$791$459$255$137$72$5
47 years$765$438$240$126$65$4
48 years$741$418$225$117$59$4
49 years$718$400$212$108$54$3
50 years$695$382$199$100$49$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $712,000, adding $3,776 every year, while hoping to spend $52,235 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: 54/33/13 Blend
34$712,000$712,000$712,000$712,000
35$788,519$750,783$739,747$828,225
36$813,370$731,994$708,951$836,868
37$839,006$710,533$675,372$840,315
38$865,450$686,215$638,863$842,864
39$892,729$658,843$599,268$844,443
40$920,869$628,208$556,425$844,973
41$949,898$594,090$510,165$844,371
42$979,843$556,255$460,311$842,550
43$1,010,733$514,459$406,678$839,417
44$1,042,599$468,438$349,074$834,874
45$1,075,472$417,920$287,295$828,818
46$1,109,384$362,611$221,133$821,137
47$1,144,367$302,205$150,367$811,717
48$1,180,456$236,377$74,768$800,435
49$1,217,686$164,783$0$787,159
50$1,256,094$87,061$0$772,574
51$1,295,717$2,828$0$766,835
52$1,336,593$0$0$759,443
53$1,378,763$0$0$782,346
54$1,422,269$0$0$807,034
55$1,467,152$0$0$832,505
56$1,513,458$0$0$858,782
57$1,561,231$0$0$885,893
58$1,610,520$0$0$913,864
59$1,661,372$0$0$942,723
60$1,713,838$0$0$972,498
61$1,767,971$0$0$1,003,219
62$1,823,824$0$0$1,034,917
63$1,881,453$0$0$1,067,623
64$1,940,915$0$0$1,101,370
65$2,002,270$0$0$1,136,192
66$2,065,581$0$0$1,172,124
67$2,130,909$0$0$1,209,202
68$2,198,323$0$0$1,247,464
69$2,267,889$0$0$1,286,950
70$2,339,680$0$0$1,327,698
71$2,413,767$0$0$1,369,751
72$2,490,228$0$0$1,413,153
73$2,569,142$0$0$1,457,947
74$2,650,589$0$0$1,504,182
75$2,734,654$0$0$1,551,904
76$2,821,426$0$0$1,601,164
77$2,910,996$0$0$1,652,014
78$3,003,457$0$0$1,704,508
79$3,098,910$0$0$1,758,701
80$3,197,455$0$0$1,814,654
81$3,299,199$0$0$1,872,425
82$3,404,253$0$0$1,932,078
83$3,512,731$0$0$1,993,679
84$3,624,753$0$0$2,057,295
85$3,740,443$0$0$2,122,999
86$3,859,932$0$0$2,190,864
87$3,983,354$0$0$2,260,968
88$4,110,852$0$0$2,333,392
89$4,242,571$0$0$2,408,220
90$4,378,668$0$0$2,485,540
91$4,519,301$0$0$2,565,444
92$4,664,641$0$0$2,648,030
93$4,814,863$0$0$2,733,398
94$4,970,152$0$0$2,821,655
95$5,130,702$0$0$2,912,912
96$5,296,716$0$0$3,007,285
97$5,468,409$0$0$3,104,898
98$5,646,003$0$0$3,205,880
99$5,829,737$0$0$3,310,367
100$6,019,859$0$0$3,418,503