Can I retire at age 35 with 714,000?

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 $714,000?

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$58,961$58,436$57,924$57,424$56,935$56,247
2 years$29,189$28,645$28,118$27,608$27,112$26,420
3 years$19,266$18,720$18,194$17,688$17,201$16,526
4 years$14,305$13,761$13,241$12,744$12,268$11,615
5 years$11,330$10,789$10,275$9,788$9,326$8,697
6 years$9,347$8,810$8,304$7,828$7,379$6,775
7 years$7,931$7,399$6,901$6,436$6,001$5,423
8 years$6,870$6,342$5,852$5,399$4,979$4,425
9 years$6,044$5,522$5,041$4,598$4,193$3,664
10 years$5,385$4,867$4,395$3,964$3,572$3,068
11 years$4,845$4,333$3,869$3,450$3,072$2,593
12 years$4,396$3,889$3,434$3,026$2,662$2,206
13 years$4,016$3,515$3,068$2,671$2,322$1,889
14 years$3,691$3,195$2,756$2,371$2,035$1,624
15 years$3,409$2,918$2,489$2,115$1,792$1,403
16 years$3,163$2,678$2,256$1,894$1,584$1,216
17 years$2,946$2,466$2,053$1,701$1,404$1,057
18 years$2,754$2,279$1,874$1,533$1,249$921
19 years$2,581$2,112$1,716$1,385$1,113$804
20 years$2,427$1,962$1,575$1,255$994$703
21 years$2,287$1,828$1,448$1,139$890$616
22 years$2,160$1,706$1,335$1,035$797$540
23 years$2,044$1,596$1,233$943$716$475
24 years$1,938$1,495$1,140$860$643$417
25 years$1,841$1,403$1,056$785$579$367
26 years$1,751$1,319$979$718$521$323
27 years$1,668$1,241$909$657$470$285
28 years$1,591$1,169$845$602$424$251
29 years$1,520$1,103$787$552$383$222
30 years$1,453$1,042$733$507$346$196
31 years$1,391$985$683$466$313$173
32 years$1,333$932$637$428$283$153
33 years$1,279$883$595$393$256$135
34 years$1,227$837$556$362$232$119
35 years$1,179$793$520$333$210$105
36 years$1,134$753$486$307$190$93
37 years$1,091$715$455$283$173$82
38 years$1,051$680$426$261$156$73
39 years$1,012$646$399$240$142$64
40 years$976$615$374$222$129$57
41 years$942$585$351$205$117$50
42 years$909$557$329$189$106$45
43 years$878$531$309$174$96$40
44 years$848$506$290$161$87$35
45 years$820$483$272$149$79$31
46 years$793$461$256$137$72$27
47 years$768$440$240$127$65$24
48 years$743$420$226$117$59$22
49 years$720$401$212$108$54$19
50 years$697$383$200$100$49$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $714,000, adding $3,544 every year, while hoping to spend $50,855 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: 35/37/28 Blend
34$714,000$714,000$714,000$714,000
35$790,484$752,642$741,575$811,378
36$817,004$735,412$712,308$810,102
37$844,524$715,633$680,357$803,901
38$873,094$693,127$645,577$796,232
39$902,764$667,705$607,818$786,997
40$933,590$639,167$566,924$776,094
41$965,630$607,300$522,730$763,417
42$998,949$571,882$475,066$748,853
43$1,033,612$532,675$423,751$732,286
44$1,069,694$489,429$368,600$713,592
45$1,107,272$441,880$309,417$692,642
46$1,146,429$389,748$245,998$669,302
47$1,187,256$332,737$178,131$643,428
48$1,229,851$270,535$105,592$614,875
49$1,274,316$202,812$28,151$583,486
50$1,320,767$129,221$0$549,101
51$1,369,324$49,391$0$527,832
52$1,420,120$0$0$513,254
53$1,473,298$0$0$511,935
54$1,529,012$0$0$531,650
55$1,587,430$0$0$552,352
56$1,648,734$0$0$574,110
57$1,713,122$0$0$596,997
58$1,780,808$0$0$621,096
59$1,852,026$0$0$646,493
60$1,927,030$0$0$673,285
61$2,006,097$0$0$701,577
62$2,089,527$0$0$731,483
63$2,177,650$0$0$763,127
64$2,270,824$0$0$796,645
65$2,369,439$0$0$832,185
66$2,473,923$0$0$869,911
67$2,584,744$0$0$910,000
68$2,702,409$0$0$952,645
69$2,827,479$0$0$998,059
70$2,960,562$0$0$1,046,476
71$3,102,327$0$0$1,098,149
72$3,253,506$0$0$1,153,359
73$3,414,899$0$0$1,212,410
74$3,587,385$0$0$1,275,639
75$3,771,925$0$0$1,343,414
76$3,969,575$0$0$1,416,138
77$4,181,493$0$0$1,494,255
78$4,408,947$0$0$1,578,249
79$4,653,331$0$0$1,668,657
80$4,916,175$0$0$1,766,062
81$5,199,157$0$0$1,871,110
82$5,504,121$0$0$1,984,507
83$5,833,093$0$0$2,107,031
84$6,188,299$0$0$2,239,536
85$6,572,182$0$0$2,382,960
86$6,987,431$0$0$2,538,336
87$7,436,999$0$0$2,706,798
88$7,924,134$0$0$2,889,594
89$8,452,406$0$0$3,088,096
90$9,025,743$0$0$3,303,814
91$9,648,462$0$0$3,538,408
92$10,325,315$0$0$3,793,705
93$11,061,527$0$0$4,071,716
94$11,862,848$0$0$4,374,652
95$12,735,605$0$0$4,704,948
96$13,686,759$0$0$5,065,282
97$14,723,973$0$0$5,458,604
98$15,855,680$0$0$5,888,159
99$17,091,161$0$0$6,357,522
100$18,440,634$0$0$6,870,626