Can I retire at age 35 with 717,000?

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 $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%17.2%
1 years$59,209$58,682$58,167$57,665$57,175$55,500
2 years$29,311$28,766$28,237$27,724$27,226$25,553
3 years$19,347$18,799$18,271$17,763$17,273$15,653
4 years$14,366$13,819$13,297$12,797$12,319$10,765
5 years$11,378$10,834$10,319$9,829$9,365$7,881
6 years$9,386$8,847$8,339$7,861$7,410$5,998
7 years$7,964$7,430$6,930$6,463$6,027$4,686
8 years$6,898$6,369$5,877$5,421$5,000$3,729
9 years$6,070$5,545$5,062$4,618$4,210$3,009
10 years$5,407$4,888$4,413$3,981$3,587$2,454
11 years$4,866$4,351$3,885$3,464$3,085$2,018
12 years$4,415$3,905$3,448$3,039$2,674$1,670
13 years$4,033$3,529$3,081$2,683$2,331$1,389
14 years$3,707$3,208$2,768$2,381$2,044$1,161
15 years$3,424$2,931$2,499$2,124$1,800$973
16 years$3,177$2,689$2,266$1,902$1,590$818
17 years$2,959$2,476$2,062$1,709$1,410$689
18 years$2,765$2,288$1,882$1,540$1,254$582
19 years$2,592$2,121$1,723$1,391$1,118$492
20 years$2,437$1,971$1,581$1,260$998$417
21 years$2,296$1,836$1,454$1,144$893$353
22 years$2,169$1,713$1,340$1,040$801$300
23 years$2,053$1,603$1,238$947$719$255
24 years$1,946$1,501$1,145$864$646$216
25 years$1,849$1,409$1,060$789$581$184
26 years$1,758$1,324$983$721$524$157
27 years$1,675$1,246$913$660$472$133
28 years$1,598$1,174$849$605$426$113
29 years$1,526$1,108$790$555$385$97
30 years$1,460$1,046$736$509$348$82
31 years$1,397$989$686$468$314$70
32 years$1,339$936$640$430$284$60
33 years$1,284$886$598$395$257$51
34 years$1,233$840$558$364$233$43
35 years$1,184$797$522$335$211$37
36 years$1,139$756$488$308$191$32
37 years$1,096$718$457$284$173$27
38 years$1,055$683$428$262$157$23
39 years$1,017$649$401$241$142$20
40 years$980$618$376$223$129$17
41 years$946$588$352$205$117$14
42 years$913$560$331$190$106$12
43 years$882$533$310$175$97$10
44 years$852$508$291$162$88$9
45 years$824$485$273$149$80$8
46 years$797$463$257$138$72$6
47 years$771$441$241$127$66$6
48 years$746$421$227$118$60$5
49 years$723$402$213$109$54$4
50 years$700$384$200$101$49$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $717,000, adding $6,329 every year, while hoping to spend $39,466 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: 51/27/22 Blend
34$717,000$717,000$717,000$717,000
35$796,662$758,661$747,548$832,112
36$835,930$753,844$730,599$852,487
37$877,881$747,468$711,760$870,071
38$922,746$739,416$690,925$888,367
39$970,780$729,561$667,985$907,458
40$1,022,262$717,772$642,825$927,438
41$1,077,498$703,907$615,325$948,410
42$1,136,823$687,819$585,358$970,494
43$1,200,606$669,349$552,795$993,822
44$1,269,251$648,331$517,497$1,018,543
45$1,343,203$624,587$479,321$1,044,823
46$1,422,949$597,932$438,118$1,072,851
47$1,509,026$568,166$393,731$1,102,836
48$1,602,022$535,082$345,996$1,135,013
49$1,702,585$498,457$294,744$1,169,644
50$1,811,425$458,058$239,794$1,207,022
51$1,929,325$413,638$180,962$1,247,475
52$2,057,145$364,935$118,053$1,291,367
53$2,195,830$311,673$50,864$1,339,107
54$2,346,419$253,560$0$1,391,146
55$2,510,057$190,287$0$1,452,883
56$2,688,002$121,530$0$1,533,049
57$2,881,637$46,944$0$1,620,370
58$3,092,487$0$0$1,715,601
59$3,322,226$0$0$1,829,625
60$3,572,699$0$0$1,969,213
61$3,845,935$0$0$2,121,558
62$4,144,170$0$0$2,287,914
63$4,469,862$0$0$2,469,662
64$4,825,719$0$0$2,668,322
65$5,214,721$0$0$2,885,569
66$5,640,150$0$0$3,123,244
67$6,105,619$0$0$3,383,378
68$6,615,105$0$0$3,668,204
69$7,172,991$0$0$3,980,185
70$7,784,101$0$0$4,322,028
71$8,453,747$0$0$4,696,720
72$9,187,780$0$0$5,107,546
73$9,992,645$0$0$5,558,126
74$10,875,438$0$0$6,052,449
75$11,843,979$0$0$6,594,905
76$12,906,877$0$0$7,190,333
77$14,073,617$0$0$7,844,061
78$15,354,647$0$0$8,561,960
79$16,761,475$0$0$9,350,495
80$18,306,782$0$0$10,216,789
81$20,004,531$0$0$11,168,691
82$21,870,111$0$0$12,214,845
83$23,920,471$0$0$13,364,775
84$26,174,286$0$0$14,628,976
85$28,652,128$0$0$16,019,005
86$31,376,664$0$0$17,547,601
87$34,372,867$0$0$19,228,795
88$37,668,249$0$0$21,078,049
89$41,293,125$0$0$23,112,395
90$45,280,893$0$0$25,350,603
91$49,668,354$0$0$27,813,352
92$54,496,054$0$0$30,523,426
93$59,808,667$0$0$33,505,931
94$65,655,418$0$0$36,788,528
95$72,090,545$0$0$40,401,697
96$79,173,810$0$0$44,379,023
97$86,971,065$0$0$48,757,512
98$95,554,868$0$0$53,577,939
99$105,005,170$0$0$58,885,235
100$115,410,070$0$0$64,728,909