Can I retire at age 35 with 715,000?

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 $715,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$59,044$58,518$58,005$57,504$57,015$55,978
2 years$29,230$28,685$28,158$27,646$27,150$26,109
3 years$19,293$18,746$18,220$17,713$17,225$16,213
4 years$14,325$13,780$13,259$12,761$12,285$11,309
5 years$11,346$10,804$10,290$9,802$9,339$8,402
6 years$9,360$8,822$8,316$7,839$7,390$6,492
7 years$7,942$7,409$6,910$6,445$6,010$5,153
8 years$6,879$6,351$5,861$5,406$4,986$4,169
9 years$6,053$5,530$5,048$4,605$4,199$3,421
10 years$5,392$4,874$4,401$3,969$3,577$2,839
11 years$4,852$4,339$3,874$3,455$3,077$2,376
12 years$4,402$3,895$3,438$3,030$2,666$2,003
13 years$4,022$3,519$3,072$2,675$2,325$1,698
14 years$3,696$3,199$2,760$2,375$2,038$1,446
15 years$3,414$2,922$2,492$2,118$1,794$1,236
16 years$3,168$2,681$2,259$1,896$1,586$1,060
17 years$2,950$2,469$2,056$1,704$1,406$911
18 years$2,757$2,282$1,877$1,535$1,250$785
19 years$2,585$2,115$1,718$1,387$1,114$678
20 years$2,430$1,965$1,577$1,257$995$587
21 years$2,290$1,830$1,450$1,140$891$508
22 years$2,163$1,709$1,337$1,037$799$441
23 years$2,047$1,598$1,234$944$717$383
24 years$1,941$1,497$1,141$861$644$332
25 years$1,843$1,405$1,057$787$580$289
26 years$1,754$1,321$981$719$522$252
27 years$1,671$1,243$911$658$471$219
28 years$1,594$1,171$846$603$425$191
29 years$1,522$1,105$788$553$384$166
30 years$1,455$1,043$734$508$347$145
31 years$1,393$986$684$466$313$126
32 years$1,335$933$638$428$283$110
33 years$1,280$884$596$394$257$96
34 years$1,229$838$557$363$232$84
35 years$1,181$795$521$334$210$73
36 years$1,136$754$487$307$191$64
37 years$1,093$716$456$283$173$56
38 years$1,052$681$427$261$157$49
39 years$1,014$647$400$241$142$43
40 years$978$616$375$222$129$37
41 years$943$586$351$205$117$33
42 years$910$558$330$189$106$28
43 years$879$532$309$174$96$25
44 years$850$507$290$161$87$22
45 years$821$484$273$149$79$19
46 years$794$461$256$137$72$17
47 years$769$440$241$127$65$14
48 years$744$420$226$117$59$13
49 years$721$401$213$108$54$11
50 years$698$383$200$100$49$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $715,000, adding $6,844 every year, while hoping to spend $48,612 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: 69/13/18 Blend
34$715,000$715,000$715,000$715,000
35$794,990$757,095$746,012$845,935
36$824,356$742,469$719,281$866,164
37$855,088$725,498$690,025$881,910
38$887,274$706,015$658,108$897,928
39$921,010$683,844$623,388$914,241
40$956,399$658,798$585,717$930,875
41$993,553$630,680$544,940$947,858
42$1,032,594$599,282$500,894$965,226
43$1,073,654$564,383$453,410$983,018
44$1,116,879$525,750$402,311$1,001,278
45$1,162,425$483,135$347,413$1,020,059
46$1,210,462$436,279$288,521$1,039,418
47$1,261,177$384,905$225,435$1,059,423
48$1,314,774$328,722$157,943$1,080,150
49$1,371,473$267,422$85,827$1,101,683
50$1,431,518$200,680$8,857$1,124,122
51$1,495,172$128,152$0$1,147,574
52$1,562,724$49,476$0$1,186,240
53$1,634,491$0$0$1,228,914
54$1,710,818$0$0$1,279,212
55$1,792,082$0$0$1,340,321
56$1,878,698$0$0$1,405,479
57$1,971,120$0$0$1,475,029
58$2,069,844$0$0$1,549,348
59$2,175,414$0$0$1,628,849
60$2,288,428$0$0$1,713,985
61$2,409,539$0$0$1,805,254
62$2,539,465$0$0$1,903,200
63$2,678,995$0$0$2,008,421
64$2,828,993$0$0$2,121,575
65$2,990,409$0$0$2,243,381
66$3,164,283$0$0$2,374,632
67$3,351,762$0$0$2,516,197
68$3,554,102$0$0$2,669,031
69$3,772,685$0$0$2,834,185
70$4,009,030$0$0$3,012,810
71$4,264,805$0$0$3,206,176
72$4,541,845$0$0$3,415,676
73$4,842,168$0$0$3,642,842
74$5,167,990$0$0$3,889,361
75$5,521,752$0$0$4,157,086
76$5,906,136$0$0$4,448,055
77$6,324,094$0$0$4,764,512
78$6,778,873$0$0$5,108,925
79$7,274,046$0$0$5,484,008
80$7,813,544$0$0$5,892,750
81$8,401,693$0$0$6,338,439
82$9,043,255$0$0$6,824,694
83$9,743,472$0$0$7,355,498
84$10,508,111$0$0$7,935,238
85$11,343,523$0$0$8,568,739
86$12,256,701$0$0$9,261,316
87$13,255,341$0$0$10,018,822
88$14,347,919$0$0$10,847,697
89$15,543,767$0$0$11,755,037
90$16,853,160$0$0$12,748,654
91$18,287,415$0$0$13,837,149
92$19,858,995$0$0$15,029,997
93$21,581,622$0$0$16,337,631
94$23,470,413$0$0$17,771,544
95$25,542,017$0$0$19,344,390
96$27,814,768$0$0$21,070,112
97$30,308,866$0$0$22,964,064
98$33,046,557$0$0$25,043,160
99$36,052,347$0$0$27,326,032
100$39,353,232$0$0$29,833,204