Can I retire at age 35 with 716,000?

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 $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%14.4%
1 years$59,127$58,600$58,086$57,585$57,095$56,057
2 years$29,271$28,725$28,197$27,685$27,188$26,146
3 years$19,320$18,772$18,245$17,738$17,249$16,235
4 years$14,346$13,800$13,278$12,779$12,302$11,325
5 years$11,362$10,819$10,304$9,816$9,352$8,413
6 years$9,373$8,835$8,327$7,850$7,400$6,501
7 years$7,953$7,419$6,920$6,454$6,018$5,160
8 years$6,889$6,360$5,869$5,414$4,993$4,175
9 years$6,061$5,537$5,055$4,611$4,204$3,426
10 years$5,400$4,881$4,407$3,975$3,582$2,843
11 years$4,859$4,345$3,880$3,459$3,081$2,380
12 years$4,408$3,900$3,443$3,034$2,670$2,006
13 years$4,028$3,524$3,076$2,679$2,328$1,700
14 years$3,701$3,204$2,764$2,378$2,041$1,448
15 years$3,419$2,927$2,496$2,121$1,797$1,237
16 years$3,172$2,685$2,263$1,899$1,588$1,061
17 years$2,955$2,473$2,059$1,706$1,408$913
18 years$2,761$2,285$1,879$1,538$1,252$787
19 years$2,589$2,118$1,721$1,389$1,116$679
20 years$2,433$1,968$1,579$1,258$997$587
21 years$2,293$1,833$1,452$1,142$892$509
22 years$2,166$1,711$1,339$1,038$800$441
23 years$2,050$1,600$1,236$946$718$383
24 years$1,944$1,499$1,143$862$645$333
25 years$1,846$1,407$1,059$788$581$289
26 years$1,756$1,322$982$720$523$252
27 years$1,673$1,245$912$659$471$219
28 years$1,596$1,173$848$604$425$191
29 years$1,524$1,106$789$554$384$167
30 years$1,457$1,045$735$508$347$145
31 years$1,395$988$685$467$314$127
32 years$1,337$935$639$429$284$110
33 years$1,282$885$597$395$257$96
34 years$1,231$839$558$363$233$84
35 years$1,183$796$521$334$211$73
36 years$1,137$755$488$308$191$64
37 years$1,094$717$456$284$173$56
38 years$1,054$682$427$261$157$49
39 years$1,015$648$400$241$142$43
40 years$979$617$375$222$129$37
41 years$944$587$352$205$117$33
42 years$912$559$330$189$106$28
43 years$880$533$310$175$96$25
44 years$851$508$291$161$87$22
45 years$822$484$273$149$79$19
46 years$795$462$256$138$72$17
47 years$770$441$241$127$65$15
48 years$745$421$226$117$59$13
49 years$722$402$213$109$54$11
50 years$699$384$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 $716,000, adding $4,859 every year, while hoping to spend $46,098 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: 71/11/18 Blend
34$716,000$716,000$716,000$716,000
35$794,044$756,096$744,998$846,694
36$825,989$744,097$720,908$870,354
37$859,647$729,965$694,465$890,268
38$895,144$713,546$665,543$910,901
39$932,618$694,680$634,008$932,316
40$972,219$673,193$599,721$954,585
41$1,014,110$648,904$562,537$977,788
42$1,058,470$621,621$522,302$1,002,014
43$1,105,494$591,140$478,859$1,027,363
44$1,155,394$557,246$432,041$1,053,947
45$1,208,404$519,711$381,674$1,081,888
46$1,264,779$478,294$327,578$1,111,325
47$1,324,797$432,741$269,562$1,142,412
48$1,388,763$382,783$207,430$1,175,320
49$1,457,013$328,135$140,975$1,210,239
50$1,529,912$268,497$69,981$1,247,382
51$1,607,862$203,552$0$1,286,985
52$1,691,302$132,965$0$1,330,419
53$1,780,715$56,381$0$1,391,281
54$1,876,631$0$0$1,456,488
55$1,979,631$0$0$1,529,665
56$2,090,351$0$0$1,615,689
57$2,209,492$0$0$1,708,282
58$2,337,821$0$0$1,808,045
59$2,476,184$0$0$1,915,637
60$2,625,507$0$0$2,031,784
61$2,786,808$0$0$2,157,282
62$2,961,207$0$0$2,293,006
63$3,149,935$0$0$2,439,917
64$3,354,343$0$0$2,599,073
65$3,575,919$0$0$2,771,638
66$3,816,298$0$0$2,958,889
67$4,077,278$0$0$3,162,232
68$4,360,837$0$0$3,383,216
69$4,669,151$0$0$3,623,540
70$5,004,614$0$0$3,885,077
71$5,369,859$0$0$4,169,887
72$5,767,784$0$0$4,480,236
73$6,201,579$0$0$4,818,619
74$6,674,754$0$0$5,187,781
75$7,191,171$0$0$5,590,745
76$7,755,085$0$0$6,030,835
77$8,371,176$0$0$6,511,715
78$9,044,598$0$0$7,037,414
79$9,781,025$0$0$7,612,373
80$10,586,704$0$0$8,241,477
81$11,468,516$0$0$8,930,108
82$12,434,034$0$0$9,684,192
83$13,491,601$0$0$10,510,253
84$14,650,402$0$0$11,415,478
85$15,920,555$0$0$12,407,782
86$17,313,201$0$0$13,495,879
87$18,840,613$0$0$14,689,372
88$20,516,307$0$0$15,998,834
89$22,355,172$0$0$17,435,912
90$24,373,605$0$0$19,013,435
91$26,589,673$0$0$20,745,537
92$29,023,273$0$0$22,647,783
93$31,696,326$0$0$24,737,325
94$34,632,981$0$0$27,033,052
95$37,859,838$0$0$29,555,778
96$41,406,204$0$0$32,328,432
97$45,304,368$0$0$35,376,271
98$49,589,897$0$0$38,727,126
99$54,301,982$0$0$42,411,656
100$59,483,798$0$0$46,463,640