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%11.5%
1 years$59,127$58,600$58,086$57,585$57,095$56,735
2 years$29,271$28,725$28,197$27,685$27,188$26,825
3 years$19,320$18,772$18,245$17,738$17,249$16,894
4 years$14,346$13,800$13,278$12,779$12,302$11,958
5 years$11,362$10,819$10,304$9,816$9,352$9,020
6 years$9,373$8,835$8,327$7,850$7,400$7,080
7 years$7,953$7,419$6,920$6,454$6,018$5,711
8 years$6,889$6,360$5,869$5,414$4,993$4,698
9 years$6,061$5,537$5,055$4,611$4,204$3,922
10 years$5,400$4,881$4,407$3,975$3,582$3,312
11 years$4,859$4,345$3,880$3,459$3,081$2,823
12 years$4,408$3,900$3,443$3,034$2,670$2,423
13 years$4,028$3,524$3,076$2,679$2,328$2,093
14 years$3,701$3,204$2,764$2,378$2,041$1,817
15 years$3,419$2,927$2,496$2,121$1,797$1,584
16 years$3,172$2,685$2,263$1,899$1,588$1,386
17 years$2,955$2,473$2,059$1,706$1,408$1,217
18 years$2,761$2,285$1,879$1,538$1,252$1,070
19 years$2,589$2,118$1,721$1,389$1,116$944
20 years$2,433$1,968$1,579$1,258$997$834
21 years$2,293$1,833$1,452$1,142$892$738
22 years$2,166$1,711$1,339$1,038$800$655
23 years$2,050$1,600$1,236$946$718$581
24 years$1,944$1,499$1,143$862$645$516
25 years$1,846$1,407$1,059$788$581$459
26 years$1,756$1,322$982$720$523$409
27 years$1,673$1,245$912$659$471$365
28 years$1,596$1,173$848$604$425$325
29 years$1,524$1,106$789$554$384$290
30 years$1,457$1,045$735$508$347$259
31 years$1,395$988$685$467$314$231
32 years$1,337$935$639$429$284$207
33 years$1,282$885$597$395$257$185
34 years$1,231$839$558$363$233$165
35 years$1,183$796$521$334$211$148
36 years$1,137$755$488$308$191$132
37 years$1,094$717$456$284$173$118
38 years$1,054$682$427$261$157$106
39 years$1,015$648$400$241$142$95
40 years$979$617$375$222$129$85
41 years$944$587$352$205$117$76
42 years$912$559$330$189$106$68
43 years$880$533$310$175$96$61
44 years$851$508$291$161$87$55
45 years$822$484$273$149$79$49
46 years$795$462$256$138$72$44
47 years$770$441$241$127$65$39
48 years$745$421$226$117$59$35
49 years$722$402$213$109$54$32
50 years$699$384$200$100$49$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $716,000, adding $3,326 every year, while hoping to spend $35,592 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: 25/45/30 Blend
34$716,000$716,000$716,000$716,000
35$792,463$754,515$743,417$804,791
36$835,424$753,616$730,452$814,562
37$881,575$751,481$715,859$821,813
38$931,203$748,011$699,548$828,860
39$984,623$743,101$681,420$835,713
40$1,042,183$736,642$661,376$842,382
41$1,104,264$728,515$639,311$848,886
42$1,171,284$718,597$615,113$855,246
43$1,243,704$706,757$588,667$861,492
44$1,322,028$692,854$559,854$867,659
45$1,406,812$676,742$528,546$873,792
46$1,498,667$658,262$494,613$879,945
47$1,598,265$637,251$457,916$886,181
48$1,706,344$613,532$418,312$892,578
49$1,823,716$586,920$375,651$899,224
50$1,951,275$557,219$329,775$906,225
51$2,090,003$524,221$280,521$913,703
52$2,240,982$487,707$227,717$921,799
53$2,405,402$447,444$171,185$930,675
54$2,584,571$403,187$110,738$940,520
55$2,779,931$354,677$46,181$951,547
56$2,993,067$301,639$0$964,000
57$3,225,725$243,785$0$985,429
58$3,479,827$180,807$0$1,025,128
59$3,757,486$112,384$0$1,068,728
60$4,061,032$38,174$0$1,116,710
61$4,393,029$0$0$1,169,608
62$4,756,300$0$0$1,248,910
63$5,153,952$0$0$1,356,527
64$5,589,409$0$0$1,474,499
65$6,066,439$0$0$1,603,861
66$6,589,195$0$0$1,745,756
67$7,162,247$0$0$1,901,440
68$7,790,630$0$0$2,072,299
69$8,479,890$0$0$2,259,859
70$9,236,135$0$0$2,465,799
71$10,066,093$0$0$2,691,972
72$10,977,174$0$0$2,940,416
73$11,977,543$0$0$3,213,378
74$13,076,190$0$0$3,513,333
75$14,283,024$0$0$3,843,007
76$15,608,956$0$0$4,205,404
77$17,066,009$0$0$4,603,834
78$18,667,427$0$0$5,041,942
79$20,427,801$0$0$5,523,746
80$22,363,206$0$0$6,053,670
81$24,491,353$0$0$6,636,592
82$26,831,755$0$0$7,277,883
83$29,405,910$0$0$7,983,464
84$32,237,505$0$0$8,759,855
85$35,352,636$0$0$9,614,244
86$38,780,058$0$0$10,554,549
87$42,551,452$0$0$11,589,493
88$46,701,728$0$0$12,728,691
89$51,269,347$0$0$13,982,735
90$56,296,692$0$0$15,363,296
91$61,830,458$0$0$16,883,235
92$67,922,100$0$0$18,556,725
93$74,628,316$0$0$20,399,379
94$82,011,578$0$0$22,428,405
95$90,140,724$0$0$24,662,762
96$99,091,608$0$0$27,123,344
97$108,947,813$0$0$29,833,172
98$119,801,440$0$0$32,817,615
99$131,753,977$0$0$36,104,627
100$144,917,256$0$0$39,725,012