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%14.5%
1 years$59,209$58,682$58,167$57,665$57,175$56,112
2 years$29,311$28,766$28,237$27,724$27,226$26,159
3 years$19,347$18,799$18,271$17,763$17,273$16,236
4 years$14,366$13,819$13,297$12,797$12,319$11,319
5 years$11,378$10,834$10,319$9,829$9,365$8,405
6 years$9,386$8,847$8,339$7,861$7,410$6,491
7 years$7,964$7,430$6,930$6,463$6,027$5,149
8 years$6,898$6,369$5,877$5,421$5,000$4,163
9 years$6,070$5,545$5,062$4,618$4,210$3,415
10 years$5,407$4,888$4,413$3,981$3,587$2,832
11 years$4,866$4,351$3,885$3,464$3,085$2,369
12 years$4,415$3,905$3,448$3,039$2,674$1,995
13 years$4,033$3,529$3,081$2,683$2,331$1,690
14 years$3,707$3,208$2,768$2,381$2,044$1,438
15 years$3,424$2,931$2,499$2,124$1,800$1,229
16 years$3,177$2,689$2,266$1,902$1,590$1,053
17 years$2,959$2,476$2,062$1,709$1,410$905
18 years$2,765$2,288$1,882$1,540$1,254$779
19 years$2,592$2,121$1,723$1,391$1,118$672
20 years$2,437$1,971$1,581$1,260$998$581
21 years$2,296$1,836$1,454$1,144$893$503
22 years$2,169$1,713$1,340$1,040$801$436
23 years$2,053$1,603$1,238$947$719$378
24 years$1,946$1,501$1,145$864$646$328
25 years$1,849$1,409$1,060$789$581$285
26 years$1,758$1,324$983$721$524$248
27 years$1,675$1,246$913$660$472$216
28 years$1,598$1,174$849$605$426$188
29 years$1,526$1,108$790$555$385$164
30 years$1,460$1,046$736$509$348$142
31 years$1,397$989$686$468$314$124
32 years$1,339$936$640$430$284$108
33 years$1,284$886$598$395$257$94
34 years$1,233$840$558$364$233$82
35 years$1,184$797$522$335$211$72
36 years$1,139$756$488$308$191$63
37 years$1,096$718$457$284$173$55
38 years$1,055$683$428$262$157$48
39 years$1,017$649$401$241$142$42
40 years$980$618$376$223$129$36
41 years$946$588$352$205$117$32
42 years$913$560$331$190$106$28
43 years$882$533$310$175$97$24
44 years$852$508$291$162$88$21
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$11
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 $4,573 every year, while hoping to spend $22,403 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: 67/5/28 Blend
34$717,000$717,000$717,000$717,000
35$794,851$756,850$745,737$841,990
36$852,089$770,099$746,882$887,567
37$914,415$783,246$747,315$934,460
38$982,323$796,264$746,988$985,249
39$1,056,359$809,120$745,851$1,040,322
40$1,137,123$821,782$743,853$1,100,105
41$1,225,275$834,214$740,937$1,165,068
42$1,321,541$846,379$737,046$1,235,727
43$1,426,722$858,235$732,121$1,312,656
44$1,541,698$869,739$726,098$1,396,483
45$1,667,440$880,845$718,911$1,487,903
46$1,805,015$891,503$710,490$1,587,682
47$1,955,599$901,658$700,764$1,696,664
48$2,120,486$911,255$689,656$1,815,780
49$2,301,102$920,234$677,086$1,946,057
50$2,499,017$928,528$662,971$2,088,626
51$2,715,961$936,070$647,224$2,244,736
52$2,953,837$942,785$629,754$2,415,762
53$3,214,743$948,596$610,466$2,603,221
54$3,500,989$953,420$589,259$2,808,787
55$3,815,121$957,169$566,030$3,034,302
56$4,159,940$959,747$540,669$3,281,801
57$4,538,535$961,055$513,062$3,553,524
58$4,954,306$960,988$483,090$3,851,944
59$5,411,000$959,431$450,629$4,179,783
60$5,912,745$956,266$415,548$4,540,046
61$6,464,088$951,365$377,711$4,936,045
62$7,070,036$944,594$336,976$5,371,429
63$7,736,110$935,809$293,195$5,850,223
64$8,468,389$924,859$246,213$6,376,862
65$9,273,571$911,584$195,867$6,956,238
66$10,159,035$895,812$141,989$7,593,742
67$11,132,913$877,363$84,402$8,295,315
68$12,204,163$856,046$22,922$9,067,510
69$13,382,655$831,660$0$9,917,548
70$14,679,263$803,989$0$10,866,142
71$16,105,970$772,806$0$11,917,450
72$17,675,978$737,873$0$13,074,353
73$19,403,834$698,934$0$14,347,575
74$21,305,565$655,723$0$15,748,939
75$23,398,834$607,953$0$17,291,466
76$25,703,098$555,327$0$18,989,510
77$28,239,802$497,525$0$20,858,885
78$31,032,571$434,213$0$22,917,017
79$34,107,440$365,037$0$25,183,110
80$37,493,097$289,622$0$27,678,324
81$41,221,152$207,572$0$30,425,978
82$45,326,437$118,471$0$33,451,767
83$49,847,334$21,876$0$36,784,005
84$54,826,137$0$0$40,453,896
85$60,309,450$0$0$44,500,371
86$66,348,630$0$0$48,958,441
87$73,000,266$0$0$53,868,683
88$80,326,716$0$0$59,277,139
89$88,396,699$0$0$65,234,545
90$97,285,934$0$0$71,796,806
91$107,077,863$0$0$79,025,530
92$117,864,435$0$0$86,988,606
93$129,746,974$0$0$95,760,844
94$142,837,133$0$0$105,424,681
95$157,257,951$0$0$116,070,961
96$173,145,013$0$0$127,799,790
97$190,647,727$0$0$140,721,481
98$209,930,740$0$0$154,957,597
99$231,175,483$0$0$170,642,097
100$254,581,891$0$0$187,922,598