Can I retire at age 35 with 716,000?

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 $716,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$59,127$58,600$58,086$57,585$57,095$55,400
2 years$29,271$28,725$28,197$27,685$27,188$25,495
3 years$19,320$18,772$18,245$17,738$17,249$15,610
4 years$14,346$13,800$13,278$12,779$12,302$10,730
5 years$11,362$10,819$10,304$9,816$9,352$7,851
6 years$9,373$8,835$8,327$7,850$7,400$5,972
7 years$7,953$7,419$6,920$6,454$6,018$4,663
8 years$6,889$6,360$5,869$5,414$4,993$3,709
9 years$6,061$5,537$5,055$4,611$4,204$2,991
10 years$5,400$4,881$4,407$3,975$3,582$2,438
11 years$4,859$4,345$3,880$3,459$3,081$2,003
12 years$4,408$3,900$3,443$3,034$2,670$1,657
13 years$4,028$3,524$3,076$2,679$2,328$1,377
14 years$3,701$3,204$2,764$2,378$2,041$1,150
15 years$3,419$2,927$2,496$2,121$1,797$963
16 years$3,172$2,685$2,263$1,899$1,588$809
17 years$2,955$2,473$2,059$1,706$1,408$681
18 years$2,761$2,285$1,879$1,538$1,252$575
19 years$2,589$2,118$1,721$1,389$1,116$486
20 years$2,433$1,968$1,579$1,258$997$411
21 years$2,293$1,833$1,452$1,142$892$348
22 years$2,166$1,711$1,339$1,038$800$295
23 years$2,050$1,600$1,236$946$718$251
24 years$1,944$1,499$1,143$862$645$213
25 years$1,846$1,407$1,059$788$581$181
26 years$1,756$1,322$982$720$523$154
27 years$1,673$1,245$912$659$471$131
28 years$1,596$1,173$848$604$425$111
29 years$1,524$1,106$789$554$384$95
30 years$1,457$1,045$735$508$347$81
31 years$1,395$988$685$467$314$69
32 years$1,337$935$639$429$284$58
33 years$1,282$885$597$395$257$50
34 years$1,231$839$558$363$233$42
35 years$1,183$796$521$334$211$36
36 years$1,137$755$488$308$191$31
37 years$1,094$717$456$284$173$26
38 years$1,054$682$427$261$157$22
39 years$1,015$648$400$241$142$19
40 years$979$617$375$222$129$16
41 years$944$587$352$205$117$14
42 years$912$559$330$189$106$12
43 years$880$533$310$175$96$10
44 years$851$508$291$161$87$9
45 years$822$484$273$149$79$7
46 years$795$462$256$138$72$6
47 years$770$441$241$127$65$5
48 years$745$421$226$117$59$5
49 years$722$402$213$109$54$4
50 years$699$384$200$100$49$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $716,000, adding $6,303 every year, while hoping to spend $41,755 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: 65/16/19 Blend
34$716,000$716,000$716,000$716,000
35$795,534$757,586$746,488$843,054
36$832,251$750,280$727,068$868,416
37$871,314$741,218$705,598$890,772
38$912,918$730,267$681,966$914,211
39$957,277$717,291$656,053$938,839
40$1,004,624$702,144$627,736$964,774
41$1,055,217$684,670$596,885$992,151
42$1,109,335$664,705$563,368$1,021,115
43$1,167,289$642,076$527,042$1,051,831
44$1,229,414$616,600$487,760$1,084,482
45$1,296,083$588,082$445,368$1,119,271
46$1,367,702$556,317$399,707$1,156,423
47$1,444,718$521,087$350,607$1,196,188
48$1,527,621$482,162$297,894$1,238,846
49$1,616,950$439,299$241,385$1,284,706
50$1,713,296$392,242$180,889$1,334,109
51$1,817,309$340,719$116,205$1,387,438
52$1,929,703$284,442$47,126$1,445,115
53$2,051,262$223,110$0$1,507,609
54$2,182,849$156,401$0$1,580,830
55$2,325,413$83,977$0$1,670,509
56$2,479,995$5,482$0$1,767,769
57$2,647,743$0$0$1,873,369
58$2,829,916$0$0$2,002,133
59$3,027,903$0$0$2,143,165
60$3,243,228$0$0$2,296,592
61$3,477,570$0$0$2,463,616
62$3,732,777$0$0$2,645,558
63$4,010,880$0$0$2,843,875
64$4,314,117$0$0$3,060,166
65$4,644,949$0$0$3,296,195
66$5,006,086$0$0$3,553,901
67$5,400,510$0$0$3,835,420
68$5,831,505$0$0$4,143,104
69$6,302,686$0$0$4,479,540
70$6,818,034$0$0$4,847,578
71$7,381,930$0$0$5,250,357
72$7,999,199$0$0$5,691,332
73$8,675,156$0$0$6,174,307
74$9,415,651$0$0$6,703,473
75$10,227,130$0$0$7,283,445
76$11,116,688$0$0$7,919,305
77$12,092,143$0$0$8,616,650
78$13,162,103$0$0$9,381,647
79$14,336,051$0$0$10,221,085
80$15,624,430$0$0$11,142,445
81$17,038,747$0$0$12,153,966
82$18,591,674$0$0$13,264,724
83$20,297,170$0$0$14,484,718
84$22,170,616$0$0$15,824,962
85$24,228,952$0$0$17,297,588
86$26,490,841$0$0$18,915,965
87$28,976,846$0$0$20,694,818
88$31,709,616$0$0$22,650,371
89$34,714,109$0$0$24,800,497
90$38,017,819$0$0$27,164,890
91$41,651,037$0$0$29,765,245
92$45,647,139$0$0$32,625,467
93$50,042,896$0$0$35,771,893
94$54,878,822$0$0$39,233,541
95$60,199,556$0$0$43,042,384
96$66,054,283$0$0$47,233,650
97$72,497,194$0$0$51,846,155
98$79,588,002$0$0$56,922,668
99$87,392,499$0$0$62,510,313
100$95,983,180$0$0$68,661,017