Can I retire at age 35 with 713,000?

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 $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%12.9%
1 years$58,879$58,354$57,843$57,343$56,856$56,168
2 years$29,148$28,605$28,079$27,569$27,074$26,383
3 years$19,239$18,694$18,169$17,664$17,177$16,502
4 years$14,285$13,742$13,222$12,726$12,251$11,599
5 years$11,314$10,774$10,261$9,775$9,313$8,685
6 years$9,334$8,798$8,292$7,817$7,369$6,766
7 years$7,920$7,388$6,891$6,427$5,993$5,415
8 years$6,860$6,333$5,844$5,391$4,972$4,419
9 years$6,036$5,514$5,034$4,592$4,187$3,659
10 years$5,377$4,860$4,388$3,958$3,567$3,064
11 years$4,839$4,327$3,863$3,445$3,068$2,589
12 years$4,390$3,884$3,429$3,022$2,659$2,203
13 years$4,011$3,510$3,063$2,668$2,318$1,886
14 years$3,686$3,190$2,752$2,368$2,032$1,622
15 years$3,405$2,914$2,485$2,112$1,789$1,401
16 years$3,159$2,674$2,253$1,891$1,582$1,214
17 years$2,942$2,462$2,050$1,699$1,402$1,055
18 years$2,750$2,275$1,872$1,531$1,247$919
19 years$2,578$2,109$1,713$1,384$1,111$803
20 years$2,423$1,960$1,572$1,253$993$702
21 years$2,284$1,825$1,446$1,137$888$615
22 years$2,157$1,704$1,333$1,034$796$540
23 years$2,041$1,594$1,231$942$715$474
24 years$1,935$1,493$1,138$859$642$417
25 years$1,838$1,401$1,054$784$578$367
26 years$1,749$1,317$978$717$521$323
27 years$1,666$1,239$908$656$469$284
28 years$1,589$1,168$844$601$424$251
29 years$1,518$1,102$785$552$383$221
30 years$1,451$1,040$732$506$346$195
31 years$1,389$984$682$465$312$172
32 years$1,331$931$636$427$283$152
33 years$1,277$881$594$393$256$135
34 years$1,226$835$555$361$232$119
35 years$1,178$792$519$333$210$105
36 years$1,132$752$486$306$190$93
37 years$1,090$714$454$282$172$82
38 years$1,049$679$426$260$156$73
39 years$1,011$645$399$240$142$64
40 years$975$614$374$221$128$57
41 years$940$585$350$204$117$50
42 years$908$557$329$188$106$45
43 years$877$530$308$174$96$40
44 years$847$506$290$161$87$35
45 years$819$482$272$148$79$31
46 years$792$460$255$137$72$27
47 years$766$439$240$127$65$24
48 years$742$419$225$117$59$21
49 years$719$400$212$108$54$19
50 years$696$382$199$100$49$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $713,000, adding $3,588 every year, while hoping to spend $33,653 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: 47/43/10 Blend
34$713,000$713,000$713,000$713,000
35$789,427$751,638$740,587$824,189
36$834,142$752,662$729,590$849,533
37$882,290$752,608$717,096$873,237
38$934,186$751,388$703,021$898,195
39$990,175$748,908$687,275$924,534
40$1,050,637$745,068$669,762$952,398
41$1,115,989$739,764$650,387$981,944
42$1,186,690$732,883$629,045$1,013,348
43$1,263,244$724,305$605,629$1,046,808
44$1,346,205$713,907$580,028$1,082,542
45$1,436,183$701,553$552,124$1,120,793
46$1,533,847$687,102$521,794$1,161,832
47$1,639,935$670,406$488,909$1,205,961
48$1,755,258$651,305$453,337$1,253,514
49$1,880,706$629,632$414,936$1,304,862
50$2,017,263$605,208$373,561$1,360,420
51$2,166,007$577,847$329,059$1,420,645
52$2,328,128$547,349$281,270$1,486,048
53$2,504,932$513,504$230,027$1,557,193
54$2,697,858$476,089$175,157$1,634,709
55$2,908,493$434,870$116,478$1,719,290
56$3,138,579$389,599$53,799$1,811,710
57$3,390,036$340,011$0$1,912,822
58$3,664,978$285,831$0$2,024,973
59$3,965,734$226,764$0$2,154,034
60$4,294,864$162,501$0$2,295,445
61$4,655,191$92,715$0$2,450,521
62$5,049,823$17,060$0$2,620,715
63$5,482,181$0$0$2,807,635
64$5,956,034$0$0$3,043,734
65$6,475,532$0$0$3,311,507
66$7,045,246$0$0$3,605,248
67$7,670,211$0$0$3,927,564
68$8,355,972$0$0$4,281,325
69$9,108,638$0$0$4,669,694
70$9,934,937$0$0$5,096,154
71$10,842,281$0$0$5,564,544
72$11,838,835$0$0$6,079,089
73$12,933,593$0$0$6,644,447
74$14,136,462$0$0$7,265,748
75$15,458,359$0$0$7,948,644
76$16,911,308$0$0$8,699,362
77$18,508,559$0$0$9,524,762
78$20,264,706$0$0$10,432,402
79$22,195,831$0$0$11,430,609
80$24,319,651$0$0$12,528,557
81$26,655,685$0$0$13,736,354
82$29,225,441$0$0$15,065,139
83$32,052,615$0$0$16,527,181
84$35,163,316$0$0$18,136,001
85$38,586,309$0$0$19,906,497
86$42,353,293$0$0$21,855,083
87$46,499,191$0$0$23,999,846
88$51,062,485$0$0$26,360,714
89$56,085,577$0$0$28,959,647
90$61,615,188$0$0$31,820,841
91$67,702,800$0$0$34,970,956
92$74,405,138$0$0$38,439,371
93$81,784,709$0$0$42,258,458
94$89,910,389$0$0$46,463,888
95$98,858,072$0$0$51,094,966
96$108,711,390$0$0$56,195,004
97$119,562,495$0$0$61,811,730
98$131,512,932$0$0$67,997,734
99$144,674,598$0$0$74,810,968
100$159,170,796$0$0$82,315,292