Can I retire at age 35 with 717,000?

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 $717,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$59,209$58,682$58,167$57,665$57,175$56,089
2 years$29,311$28,766$28,237$27,724$27,226$26,137
3 years$19,347$18,799$18,271$17,763$17,273$16,214
4 years$14,366$13,819$13,297$12,797$12,319$11,298
5 years$11,378$10,834$10,319$9,829$9,365$8,385
6 years$9,386$8,847$8,339$7,861$7,410$6,472
7 years$7,964$7,430$6,930$6,463$6,027$5,131
8 years$6,898$6,369$5,877$5,421$5,000$4,146
9 years$6,070$5,545$5,062$4,618$4,210$3,399
10 years$5,407$4,888$4,413$3,981$3,587$2,817
11 years$4,866$4,351$3,885$3,464$3,085$2,355
12 years$4,415$3,905$3,448$3,039$2,674$1,982
13 years$4,033$3,529$3,081$2,683$2,331$1,678
14 years$3,707$3,208$2,768$2,381$2,044$1,427
15 years$3,424$2,931$2,499$2,124$1,800$1,218
16 years$3,177$2,689$2,266$1,902$1,590$1,043
17 years$2,959$2,476$2,062$1,709$1,410$896
18 years$2,765$2,288$1,882$1,540$1,254$771
19 years$2,592$2,121$1,723$1,391$1,118$665
20 years$2,437$1,971$1,581$1,260$998$574
21 years$2,296$1,836$1,454$1,144$893$496
22 years$2,169$1,713$1,340$1,040$801$430
23 years$2,053$1,603$1,238$947$719$373
24 years$1,946$1,501$1,145$864$646$323
25 years$1,849$1,409$1,060$789$581$281
26 years$1,758$1,324$983$721$524$244
27 years$1,675$1,246$913$660$472$212
28 years$1,598$1,174$849$605$426$184
29 years$1,526$1,108$790$555$385$160
30 years$1,460$1,046$736$509$348$140
31 years$1,397$989$686$468$314$122
32 years$1,339$936$640$430$284$106
33 years$1,284$886$598$395$257$92
34 years$1,233$840$558$364$233$80
35 years$1,184$797$522$335$211$70
36 years$1,139$756$488$308$191$61
37 years$1,096$718$457$284$173$53
38 years$1,055$683$428$262$157$46
39 years$1,017$649$401$241$142$40
40 years$980$618$376$223$129$35
41 years$946$588$352$205$117$31
42 years$913$560$331$190$106$27
43 years$882$533$310$175$97$23
44 years$852$508$291$162$88$20
45 years$824$485$273$149$80$18
46 years$797$463$257$138$72$16
47 years$771$441$241$127$66$14
48 years$746$421$227$118$60$12
49 years$723$402$213$109$54$10
50 years$700$384$200$101$49$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $717,000, adding $2,554 every year, while hoping to spend $39,847 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: 67/25/8 Blend
34$717,000$717,000$717,000$717,000
35$792,768$754,767$743,654$844,536
36$831,234$749,354$726,169$873,821
37$872,287$742,340$706,764$900,800
38$916,151$733,605$685,330$929,238
39$963,067$723,021$661,758$959,272
40$1,013,303$710,452$635,930$991,054
41$1,067,152$695,755$607,725$1,024,752
42$1,124,933$678,779$577,016$1,060,553
43$1,187,000$659,363$543,669$1,098,664
44$1,253,738$637,336$507,546$1,139,314
45$1,325,571$612,517$468,501$1,182,758
46$1,402,966$584,718$426,383$1,229,276
47$1,486,435$553,735$381,033$1,279,181
48$1,576,538$519,355$332,285$1,332,818
49$1,673,895$481,353$279,966$1,390,569
50$1,779,183$439,490$223,896$1,452,860
51$1,893,149$393,514$163,885$1,520,158
52$2,016,613$343,159$99,738$1,592,985
53$2,150,477$288,143$31,249$1,671,913
54$2,295,732$228,169$0$1,757,582
55$2,453,469$162,922$0$1,854,265
56$2,624,888$92,070$0$1,962,251
57$2,811,308$15,263$0$2,079,752
58$3,014,182$0$0$2,207,742
59$3,235,106$0$0$2,365,969
60$3,475,840$0$0$2,542,999
61$3,738,316$0$0$2,736,060
62$4,024,666$0$0$2,946,725
63$4,337,232$0$0$3,176,723
64$4,678,595$0$0$3,427,957
65$5,051,594$0$0$3,702,524
66$5,459,356$0$0$4,002,732
67$5,905,323$0$0$4,331,122
68$6,393,286$0$0$4,690,490
69$6,927,418$0$0$5,083,919
70$7,512,316$0$0$5,514,799
71$8,153,039$0$0$5,986,868
72$8,855,162$0$0$6,504,239
73$9,624,823$0$0$7,071,443
74$10,468,782$0$0$7,693,470
75$11,394,484$0$0$8,375,818
76$12,410,132$0$0$9,124,540
77$13,524,758$0$0$9,946,305
78$14,748,313$0$0$10,848,458
79$16,091,758$0$0$11,839,092
80$17,567,166$0$0$12,927,118
81$19,187,838$0$0$14,122,358
82$20,968,427$0$0$15,435,627
83$22,925,074$0$0$16,878,842
84$25,075,561$0$0$18,465,132
85$27,439,481$0$0$20,208,960
86$30,038,415$0$0$22,126,260
87$32,896,145$0$0$24,234,588
88$36,038,868$0$0$26,553,287
89$39,495,449$0$0$29,103,666
90$43,297,692$0$0$31,909,206
91$47,480,634$0$0$34,995,774
92$52,082,884$0$0$38,391,875
93$57,146,979$0$0$42,128,915
94$62,719,788$0$0$46,241,496
95$68,852,954$0$0$50,767,746
96$75,603,379$0$0$55,749,677
97$83,033,761$0$0$61,233,578
98$91,213,186$0$0$67,270,457
99$100,217,776$0$0$73,916,516
100$110,131,412$0$0$81,233,684