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%12.6%
1 years$58,961$58,436$57,924$57,424$56,935$56,317
2 years$29,189$28,645$28,118$27,608$27,112$26,490
3 years$19,266$18,720$18,194$17,688$17,201$16,594
4 years$14,305$13,761$13,241$12,744$12,268$11,680
5 years$11,330$10,789$10,275$9,788$9,326$8,760
6 years$9,347$8,810$8,304$7,828$7,379$6,835
7 years$7,931$7,399$6,901$6,436$6,001$5,480
8 years$6,870$6,342$5,852$5,399$4,979$4,480
9 years$6,044$5,522$5,041$4,598$4,193$3,716
10 years$5,385$4,867$4,395$3,964$3,572$3,117
11 years$4,845$4,333$3,869$3,450$3,072$2,639
12 years$4,396$3,889$3,434$3,026$2,662$2,250
13 years$4,016$3,515$3,068$2,671$2,322$1,930
14 years$3,691$3,195$2,756$2,371$2,035$1,663
15 years$3,409$2,918$2,489$2,115$1,792$1,439
16 years$3,163$2,678$2,256$1,894$1,584$1,250
17 years$2,946$2,466$2,053$1,701$1,404$1,089
18 years$2,754$2,279$1,874$1,533$1,249$950
19 years$2,581$2,112$1,716$1,385$1,113$832
20 years$2,427$1,962$1,575$1,255$994$729
21 years$2,287$1,828$1,448$1,139$890$640
22 years$2,160$1,706$1,335$1,035$797$563
23 years$2,044$1,596$1,233$943$716$495
24 years$1,938$1,495$1,140$860$643$437
25 years$1,841$1,403$1,056$785$579$385
26 years$1,751$1,319$979$718$521$340
27 years$1,668$1,241$909$657$470$300
28 years$1,591$1,169$845$602$424$265
29 years$1,520$1,103$787$552$383$235
30 years$1,453$1,042$733$507$346$208
31 years$1,391$985$683$466$313$184
32 years$1,333$932$637$428$283$163
33 years$1,279$883$595$393$256$144
34 years$1,227$837$556$362$232$128
35 years$1,179$793$520$333$210$113
36 years$1,134$753$486$307$190$100
37 years$1,091$715$455$283$173$89
38 years$1,051$680$426$261$156$79
39 years$1,012$646$399$240$142$70
40 years$976$615$374$222$129$62
41 years$942$585$351$205$117$55
42 years$909$557$329$189$106$49
43 years$878$531$309$174$96$43
44 years$848$506$290$161$87$39
45 years$820$483$272$149$79$34
46 years$793$461$256$137$72$30
47 years$768$440$240$127$65$27
48 years$743$420$226$117$59$24
49 years$720$401$212$108$54$21
50 years$697$383$200$100$49$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $714,000, adding $2,626 every year, while hoping to spend $33,190 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: 36/48/16 Blend
34$714,000$714,000$714,000$714,000
35$789,537$751,695$740,628$814,011
36$834,756$753,214$730,125$833,473
37$883,474$753,695$718,158$851,137
38$936,015$753,052$704,642$869,497
39$992,731$751,195$689,491$888,635
40$1,054,012$748,025$672,610$908,638
41$1,120,283$743,441$653,905$929,611
42$1,192,016$737,333$633,275$951,667
43$1,269,725$729,586$610,613$974,936
44$1,353,979$720,077$585,810$999,562
45$1,445,400$708,677$558,751$1,025,710
46$1,544,677$695,247$529,314$1,053,561
47$1,652,562$679,643$497,375$1,083,323
48$1,769,887$661,709$462,801$1,115,223
49$1,897,566$641,283$425,454$1,149,521
50$2,036,603$618,191$385,192$1,186,504
51$2,188,104$592,250$341,864$1,226,494
52$2,353,287$563,267$295,313$1,269,850
53$2,533,492$531,037$245,376$1,316,975
54$2,730,193$495,343$191,881$1,368,315
55$2,945,014$455,955$134,649$1,424,370
56$3,179,740$412,632$73,496$1,485,696
57$3,436,341$365,119$8,225$1,552,913
58$3,716,981$313,143$0$1,626,710
59$4,024,046$256,420$0$1,718,343
60$4,360,162$194,647$0$1,820,356
61$4,728,219$127,506$0$1,932,331
62$5,131,403$54,659$0$2,055,362
63$5,573,220$0$0$2,190,659
64$6,057,533$0$0$2,352,375
65$6,588,594$0$0$2,561,458
66$7,171,090$0$0$2,790,896
67$7,810,179$0$0$3,042,734
68$8,511,547$0$0$3,319,226
69$9,281,452$0$0$3,622,852
70$10,126,793$0$0$3,956,348
71$11,055,165$0$0$4,322,726
72$12,074,937$0$0$4,725,303
73$13,195,329$0$0$5,167,735
74$14,426,496$0$0$5,654,049
75$15,779,628$0$0$6,188,683
76$17,267,050$0$0$6,776,524
77$18,902,343$0$0$7,422,957
78$20,700,469$0$0$8,133,916
79$22,677,911$0$0$8,915,938
80$24,852,831$0$0$9,776,226
81$27,245,239$0$0$10,722,715
82$29,877,181$0$0$11,764,150
83$32,772,949$0$0$12,910,164
84$35,959,306$0$0$14,171,372
85$39,465,742$0$0$15,559,472
86$43,324,751$0$0$17,087,351
87$47,572,133$0$0$18,769,208
88$52,247,339$0$0$20,620,692
89$57,393,835$0$0$22,659,044
90$63,059,518$0$0$24,903,261
91$69,297,164$0$0$27,374,278
92$76,164,924$0$0$30,095,161
93$83,726,879$0$0$33,091,329
94$92,053,637$0$0$36,390,789
95$101,223,003$0$0$40,024,405
96$111,320,711$0$0$44,026,184
97$122,441,233$0$0$48,433,604
98$134,688,671$0$0$53,287,957
99$148,177,739$0$0$58,634,749
100$163,034,843$0$0$64,524,124