Can I retire at age 35 with 713,000?

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 $713,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$58,879$58,354$57,843$57,343$56,856$55,685
2 years$29,148$28,605$28,079$27,569$27,074$25,900
3 years$19,239$18,694$18,169$17,664$17,177$16,036
4 years$14,285$13,742$13,222$12,726$12,251$11,152
5 years$11,314$10,774$10,261$9,775$9,313$8,259
6 years$9,334$8,798$8,292$7,817$7,369$6,361
7 years$7,920$7,388$6,891$6,427$5,993$5,032
8 years$6,860$6,333$5,844$5,391$4,972$4,057
9 years$6,036$5,514$5,034$4,592$4,187$3,317
10 years$5,377$4,860$4,388$3,958$3,567$2,743
11 years$4,839$4,327$3,863$3,445$3,068$2,287
12 years$4,390$3,884$3,429$3,022$2,659$1,920
13 years$4,011$3,510$3,063$2,668$2,318$1,621
14 years$3,686$3,190$2,752$2,368$2,032$1,375
15 years$3,405$2,914$2,485$2,112$1,789$1,170
16 years$3,159$2,674$2,253$1,891$1,582$999
17 years$2,942$2,462$2,050$1,699$1,402$856
18 years$2,750$2,275$1,872$1,531$1,247$734
19 years$2,578$2,109$1,713$1,384$1,111$631
20 years$2,423$1,960$1,572$1,253$993$544
21 years$2,284$1,825$1,446$1,137$888$469
22 years$2,157$1,704$1,333$1,034$796$405
23 years$2,041$1,594$1,231$942$715$350
24 years$1,935$1,493$1,138$859$642$302
25 years$1,838$1,401$1,054$784$578$262
26 years$1,749$1,317$978$717$521$227
27 years$1,666$1,239$908$656$469$196
28 years$1,589$1,168$844$601$424$170
29 years$1,518$1,102$785$552$383$148
30 years$1,451$1,040$732$506$346$128
31 years$1,389$984$682$465$312$111
32 years$1,331$931$636$427$283$96
33 years$1,277$881$594$393$256$84
34 years$1,226$835$555$361$232$73
35 years$1,178$792$519$333$210$63
36 years$1,132$752$486$306$190$55
37 years$1,090$714$454$282$172$48
38 years$1,049$679$426$260$156$41
39 years$1,011$645$399$240$142$36
40 years$975$614$374$221$128$31
41 years$940$585$350$204$117$27
42 years$908$557$329$188$106$24
43 years$877$530$308$174$96$21
44 years$847$506$290$161$87$18
45 years$819$482$272$148$79$16
46 years$792$460$255$137$72$14
47 years$766$439$240$127$65$12
48 years$742$419$225$117$59$10
49 years$719$400$212$108$54$9
50 years$696$382$199$100$49$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $713,000, adding $5,517 every year, while hoping to spend $40,383 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: 36/40/24 Blend
34$713,000$713,000$713,000$713,000
35$791,417$753,628$742,576$814,015
36$829,174$747,588$724,485$825,105
37$869,429$739,900$704,435$832,962
38$912,394$730,438$682,317$840,641
39$958,302$719,072$658,018$848,150
40$1,007,406$705,665$631,419$855,503
41$1,059,987$690,068$602,397$862,718
42$1,116,351$672,126$570,822$869,820
43$1,176,833$651,675$536,559$876,840
44$1,241,803$628,540$499,467$883,815
45$1,311,665$602,537$459,398$890,793
46$1,386,865$573,471$416,197$897,829
47$1,467,888$541,134$369,703$904,991
48$1,555,273$505,310$319,748$912,358
49$1,649,607$465,766$266,156$920,023
50$1,751,537$422,259$208,742$928,095
51$1,861,775$374,531$147,316$936,700
52$1,981,102$322,309$81,678$945,985
53$2,110,378$265,305$11,617$956,118
54$2,250,546$203,215$0$967,291
55$2,402,646$135,717$0$995,897
56$2,567,821$62,471$0$1,030,244
57$2,747,326$0$0$1,067,699
58$2,942,545$0$0$1,116,083
59$3,154,999$0$0$1,198,752
60$3,386,361$0$0$1,288,872
61$3,638,473$0$0$1,387,171
62$3,913,361$0$0$1,494,452
63$4,213,257$0$0$1,611,597
64$4,540,615$0$0$1,739,580
65$4,898,138$0$0$1,879,471
66$5,288,801$0$0$2,032,448
67$5,715,880$0$0$2,199,808
68$6,182,982$0$0$2,382,981
69$6,694,076$0$0$2,583,540
70$7,253,536$0$0$2,803,216
71$7,866,175$0$0$3,043,919
72$8,537,296$0$0$3,307,748
73$9,272,737$0$0$3,597,019
74$10,078,930$0$0$3,914,279
75$10,962,956$0$0$4,262,337
76$11,932,616$0$0$4,644,283
77$12,996,502$0$0$5,063,525
78$14,164,077$0$0$5,523,813
79$15,445,765$0$0$6,029,281
80$16,853,050$0$0$6,584,480
81$18,398,580$0$0$7,194,427
82$20,096,289$0$0$7,864,645
83$21,961,528$0$0$8,601,222
84$24,011,206$0$0$9,410,863
85$26,263,955$0$0$10,300,955
86$28,740,297$0$0$11,279,638
87$31,462,845$0$0$12,355,877
88$34,456,511$0$0$13,539,553
89$37,748,741$0$0$14,841,551
90$41,369,775$0$0$16,273,862
91$45,352,930$0$0$17,849,701
92$49,734,915$0$0$19,583,627
93$54,556,176$0$0$21,491,681
94$59,861,278$0$0$23,591,537
95$65,699,321$0$0$25,902,672
96$72,124,409$0$0$28,446,544
97$79,196,155$0$0$31,246,797
98$86,980,242$0$0$34,329,485
99$95,549,048$0$0$37,723,317
100$104,982,322$0$0$41,459,924