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%17.5%
1 years$59,127$58,600$58,086$57,585$57,095$55,356
2 years$29,271$28,725$28,197$27,685$27,188$25,451
3 years$19,320$18,772$18,245$17,738$17,249$15,569
4 years$14,346$13,800$13,278$12,779$12,302$10,691
5 years$11,362$10,819$10,304$9,816$9,352$7,814
6 years$9,373$8,835$8,327$7,850$7,400$5,937
7 years$7,953$7,419$6,920$6,454$6,018$4,630
8 years$6,889$6,360$5,869$5,414$4,993$3,679
9 years$6,061$5,537$5,055$4,611$4,204$2,963
10 years$5,400$4,881$4,407$3,975$3,582$2,412
11 years$4,859$4,345$3,880$3,459$3,081$1,979
12 years$4,408$3,900$3,443$3,034$2,670$1,635
13 years$4,028$3,524$3,076$2,679$2,328$1,357
14 years$3,701$3,204$2,764$2,378$2,041$1,131
15 years$3,419$2,927$2,496$2,121$1,797$946
16 years$3,172$2,685$2,263$1,899$1,588$794
17 years$2,955$2,473$2,059$1,706$1,408$668
18 years$2,761$2,285$1,879$1,538$1,252$562
19 years$2,589$2,118$1,721$1,389$1,116$475
20 years$2,433$1,968$1,579$1,258$997$401
21 years$2,293$1,833$1,452$1,142$892$339
22 years$2,166$1,711$1,339$1,038$800$287
23 years$2,050$1,600$1,236$946$718$243
24 years$1,944$1,499$1,143$862$645$206
25 years$1,846$1,407$1,059$788$581$175
26 years$1,756$1,322$982$720$523$149
27 years$1,673$1,245$912$659$471$126
28 years$1,596$1,173$848$604$425$107
29 years$1,524$1,106$789$554$384$91
30 years$1,457$1,045$735$508$347$77
31 years$1,395$988$685$467$314$66
32 years$1,337$935$639$429$284$56
33 years$1,282$885$597$395$257$48
34 years$1,231$839$558$363$233$40
35 years$1,183$796$521$334$211$34
36 years$1,137$755$488$308$191$29
37 years$1,094$717$456$284$173$25
38 years$1,054$682$427$261$157$21
39 years$1,015$648$400$241$142$18
40 years$979$617$375$222$129$15
41 years$944$587$352$205$117$13
42 years$912$559$330$189$106$11
43 years$880$533$310$175$96$9
44 years$851$508$291$161$87$8
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$4
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 $6,684 every year, while hoping to spend $26,980 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: 62/30/8 Blend
34$716,000$716,000$716,000$716,000
35$795,927$757,979$746,881$843,541
36$848,405$766,413$743,195$884,616
37$905,331$774,356$738,481$925,693
38$967,131$781,756$732,676$969,842
39$1,034,273$788,557$725,715$1,017,358
40$1,107,271$794,698$717,529$1,068,569
41$1,186,691$800,117$708,044$1,123,835
42$1,273,156$804,745$697,186$1,183,555
43$1,367,351$808,510$684,875$1,248,168
44$1,470,030$811,337$671,028$1,318,158
45$1,582,024$813,143$655,558$1,394,059
46$1,704,245$813,842$638,375$1,476,461
47$1,837,701$813,343$619,382$1,566,015
48$1,983,497$811,547$598,482$1,663,438
49$2,142,852$808,351$575,570$1,769,522
50$2,317,108$803,646$550,536$1,885,139
51$2,507,742$797,313$523,268$2,011,253
52$2,716,381$789,231$493,647$2,148,927
53$2,944,816$779,267$461,549$2,299,333
54$3,195,019$767,284$426,842$2,463,765
55$3,469,162$753,132$389,393$2,643,648
56$3,769,639$736,657$349,060$2,840,558
57$4,099,082$717,694$305,693$3,056,229
58$4,460,394$696,067$259,140$3,292,576
59$4,856,771$671,591$209,238$3,551,713
60$5,291,734$644,070$155,819$3,835,968
61$5,769,158$613,298$98,707$4,147,911
62$6,293,317$579,054$37,718$4,490,376
63$6,868,915$541,107$0$4,866,490
64$7,501,134$499,211$0$5,282,035
65$8,195,685$453,107$0$5,742,067
66$8,958,857$402,522$0$6,247,573
67$9,797,580$347,165$0$6,803,197
68$10,719,488$286,731$0$7,414,057
69$11,732,990$220,896$0$8,085,800
70$12,847,354$149,318$0$8,824,647
71$14,072,787$71,638$0$9,637,461
72$15,420,537$0$0$10,531,805
73$16,902,996$0$0$11,520,156
74$18,533,817$0$0$12,633,496
75$20,328,043$0$0$13,858,452
76$22,302,248$0$0$15,206,348
77$24,474,697$0$0$16,689,662
78$26,865,510$0$0$18,322,139
79$29,496,860$0$0$20,118,929
80$32,393,175$0$0$22,096,721
81$35,581,376$0$0$24,273,906
82$39,091,122$0$0$26,670,748
83$42,955,096$0$0$29,309,577
84$47,209,311$0$0$32,214,997
85$51,893,449$0$0$35,414,118
86$57,051,236$0$0$38,936,815
87$62,730,854$0$0$42,816,006
88$68,985,395$0$0$47,087,966
89$75,873,363$0$0$51,792,665
90$83,459,225$0$0$56,974,147
91$91,814,019$0$0$62,680,947
92$101,016,022$0$0$68,966,547
93$111,151,495$0$0$75,889,881
94$122,315,489$0$0$83,515,890
95$134,612,746$0$0$91,916,137
96$148,158,688$0$0$101,169,481
97$163,080,501$0$0$111,362,820
98$179,518,344$0$0$122,591,911
99$197,626,660$0$0$134,962,278
100$217,575,644$0$0$148,590,201