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%16%
1 years$59,209$58,682$58,167$57,665$57,175$55,770
2 years$29,311$28,766$28,237$27,724$27,226$25,819
3 years$19,347$18,799$18,271$17,763$17,273$15,909
4 years$14,366$13,819$13,297$12,797$12,319$11,008
5 years$11,378$10,834$10,319$9,829$9,365$8,109
6 years$9,386$8,847$8,339$7,861$7,410$6,212
7 years$7,964$7,430$6,930$6,463$6,027$4,886
8 years$6,898$6,369$5,877$5,421$5,000$3,916
9 years$6,070$5,545$5,062$4,618$4,210$3,183
10 years$5,407$4,888$4,413$3,981$3,587$2,616
11 years$4,866$4,351$3,885$3,464$3,085$2,167
12 years$4,415$3,905$3,448$3,039$2,674$1,808
13 years$4,033$3,529$3,081$2,683$2,331$1,516
14 years$3,707$3,208$2,768$2,381$2,044$1,277
15 years$3,424$2,931$2,499$2,124$1,800$1,080
16 years$3,177$2,689$2,266$1,902$1,590$915
17 years$2,959$2,476$2,062$1,709$1,410$778
18 years$2,765$2,288$1,882$1,540$1,254$663
19 years$2,592$2,121$1,723$1,391$1,118$566
20 years$2,437$1,971$1,581$1,260$998$483
21 years$2,296$1,836$1,454$1,144$893$414
22 years$2,169$1,713$1,340$1,040$801$354
23 years$2,053$1,603$1,238$947$719$304
24 years$1,946$1,501$1,145$864$646$261
25 years$1,849$1,409$1,060$789$581$224
26 years$1,758$1,324$983$721$524$192
27 years$1,675$1,246$913$660$472$165
28 years$1,598$1,174$849$605$426$142
29 years$1,526$1,108$790$555$385$122
30 years$1,460$1,046$736$509$348$105
31 years$1,397$989$686$468$314$91
32 years$1,339$936$640$430$284$78
33 years$1,284$886$598$395$257$67
34 years$1,233$840$558$364$233$58
35 years$1,184$797$522$335$211$50
36 years$1,139$756$488$308$191$43
37 years$1,096$718$457$284$173$37
38 years$1,055$683$428$262$157$32
39 years$1,017$649$401$241$142$27
40 years$980$618$376$223$129$24
41 years$946$588$352$205$117$20
42 years$913$560$331$190$106$18
43 years$882$533$310$175$97$15
44 years$852$508$291$162$88$13
45 years$824$485$273$149$80$11
46 years$797$463$257$138$72$10
47 years$771$441$241$127$66$8
48 years$746$421$227$118$60$7
49 years$723$402$213$109$54$6
50 years$700$384$200$101$49$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $717,000, adding $6,588 every year, while hoping to spend $48,886 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: 32/45/23 Blend
34$717,000$717,000$717,000$717,000
35$796,930$758,929$747,815$816,617
36$826,202$744,102$720,853$817,201
37$856,822$726,910$691,348$812,972
38$888,875$707,186$659,166$807,420
39$922,454$684,752$624,162$800,459
40$957,660$659,420$586,187$792,002
41$994,602$630,992$545,085$781,956
42$1,033,399$599,259$500,692$770,224
43$1,074,180$563,996$452,840$756,708
44$1,117,084$524,970$401,348$741,303
45$1,162,265$481,932$346,032$723,901
46$1,209,888$434,619$286,696$704,392
47$1,260,135$382,754$223,138$682,659
48$1,313,203$326,042$155,147$658,584
49$1,369,306$264,175$82,501$632,044
50$1,428,679$196,824$4,969$602,911
51$1,491,579$123,643$0$571,057
52$1,558,287$44,268$0$555,433
53$1,629,107$0$0$539,360
54$1,704,374$0$0$542,185
55$1,784,456$0$0$568,571
56$1,869,753$0$0$596,738
57$1,960,703$0$0$626,838
58$2,057,787$0$0$659,040
59$2,161,532$0$0$693,526
60$2,272,516$0$0$730,499
61$2,391,371$0$0$770,179
62$2,518,792$0$0$812,810
63$2,655,540$0$0$858,657
64$2,802,451$0$0$908,013
65$2,960,442$0$0$961,199
66$3,130,520$0$0$1,018,569
67$3,313,793$0$0$1,080,508
68$3,511,473$0$0$1,147,444
69$3,724,897$0$0$1,219,845
70$3,955,531$0$0$1,298,224
71$4,204,986$0$0$1,383,147
72$4,475,034$0$0$1,475,236
73$4,767,624$0$0$1,575,176
74$5,084,895$0$0$1,683,717
75$5,429,204$0$0$1,801,687
76$5,803,140$0$0$1,929,997
77$6,209,553$0$0$2,069,647
78$6,651,576$0$0$2,221,739
79$7,132,659$0$0$2,387,486
80$7,656,594$0$0$2,568,221
81$8,227,557$0$0$2,765,414
82$8,850,143$0$0$2,980,681
83$9,529,410$0$0$3,215,800
84$10,270,923$0$0$3,472,730
85$11,080,810$0$0$3,753,629
86$11,965,816$0$0$4,060,869
87$12,933,368$0$0$4,397,066
88$13,991,642$0$0$4,765,098
89$15,149,641$0$0$5,168,133
90$16,417,278$0$0$5,609,664
91$17,805,468$0$0$6,093,534
92$19,326,233$0$0$6,623,977
93$20,992,811$0$0$7,205,656
94$22,819,782$0$0$7,843,705
95$24,823,204$0$0$8,543,783
96$27,020,762$0$0$9,312,119
97$29,431,938$0$0$10,155,577
98$32,078,188$0$0$11,081,717
99$34,983,147$0$0$12,098,866
100$38,172,852$0$0$13,216,199