Can I retire at age 35 with 718,000?

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 $718,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$59,292$58,764$58,248$57,745$57,254$55,466
2 years$29,352$28,806$28,276$27,762$27,264$25,478
3 years$19,374$18,825$18,296$17,788$17,297$15,570
4 years$14,386$13,838$13,315$12,815$12,337$10,681
5 years$11,393$10,849$10,333$9,843$9,378$7,799
6 years$9,399$8,859$8,351$7,872$7,421$5,919
7 years$7,975$7,440$6,939$6,472$6,035$4,611
8 years$6,908$6,377$5,885$5,429$5,007$3,659
9 years$6,078$5,553$5,069$4,624$4,216$2,944
10 years$5,415$4,894$4,419$3,986$3,592$2,393
11 years$4,872$4,357$3,891$3,469$3,090$1,961
12 years$4,421$3,911$3,453$3,043$2,677$1,618
13 years$4,039$3,534$3,085$2,686$2,335$1,341
14 years$3,712$3,213$2,772$2,385$2,047$1,117
15 years$3,429$2,935$2,503$2,127$1,802$933
16 years$3,181$2,693$2,269$1,904$1,593$781
17 years$2,963$2,480$2,065$1,711$1,412$656
18 years$2,769$2,291$1,885$1,542$1,256$552
19 years$2,596$2,124$1,725$1,393$1,119$465
20 years$2,440$1,973$1,583$1,262$1,000$392
21 years$2,300$1,838$1,456$1,145$895$331
22 years$2,172$1,716$1,342$1,041$802$280
23 years$2,056$1,605$1,239$948$720$237
24 years$1,949$1,504$1,146$865$647$201
25 years$1,851$1,411$1,062$790$582$170
26 years$1,761$1,326$985$722$524$144
27 years$1,678$1,248$914$661$473$122
28 years$1,600$1,176$850$606$427$103
29 years$1,528$1,109$791$555$385$88
30 years$1,462$1,048$737$510$348$74
31 years$1,399$990$687$468$315$63
32 years$1,341$937$641$430$285$54
33 years$1,286$888$598$396$258$46
34 years$1,234$841$559$364$233$39
35 years$1,186$798$523$335$211$33
36 years$1,140$757$489$309$191$28
37 years$1,097$719$458$284$173$24
38 years$1,057$684$429$262$157$20
39 years$1,018$650$402$242$143$17
40 years$982$618$376$223$129$15
41 years$947$589$353$206$117$12
42 years$914$561$331$190$106$10
43 years$883$534$311$175$97$9
44 years$853$509$292$162$88$8
45 years$825$486$274$149$80$6
46 years$798$463$257$138$72$5
47 years$772$442$242$128$66$5
48 years$747$422$227$118$60$4
49 years$724$403$213$109$54$3
50 years$701$385$201$101$49$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $718,000, adding $3,238 every year, while hoping to spend $38,745 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: 79/11/10 Blend
34$718,000$718,000$718,000$718,000
35$794,576$756,522$745,393$855,775
36$834,398$752,367$729,139$892,265
37$876,984$746,710$711,043$926,932
38$922,574$739,437$691,000$963,831
39$971,432$730,425$668,904$1,003,166
40$1,023,849$719,546$644,643$1,045,164
41$1,080,143$706,665$618,100$1,090,073
42$1,140,661$691,636$589,150$1,138,169
43$1,205,789$674,306$557,667$1,189,754
44$1,275,946$654,514$523,515$1,245,162
45$1,351,595$632,087$486,556$1,304,761
46$1,433,243$606,845$446,641$1,368,958
47$1,521,449$578,596$403,618$1,438,201
48$1,616,826$547,135$357,328$1,512,982
49$1,720,046$512,249$307,603$1,593,848
50$1,831,852$473,711$254,269$1,681,398
51$1,953,057$431,279$197,143$1,776,296
52$2,084,558$384,700$136,036$1,879,272
53$2,227,338$333,706$70,749$1,991,133
54$2,382,482$278,013$1,074$2,112,767
55$2,551,182$217,322$0$2,245,157
56$2,734,747$151,316$0$2,397,201
57$2,934,622$79,661$0$2,562,906
58$3,152,394$2,005$0$2,743,498
59$3,389,809$0$0$2,940,454
60$3,648,790$0$0$3,165,333
61$3,931,454$0$0$3,411,060
62$4,240,130$0$0$3,679,422
63$4,577,382$0$0$3,972,651
64$4,946,034$0$0$4,293,204
65$5,349,194$0$0$4,643,786
66$5,790,284$0$0$5,027,378
67$6,273,073$0$0$5,447,258
68$6,801,710$0$0$5,907,039
69$7,380,764$0$0$6,410,699
70$8,015,269$0$0$6,962,618
71$8,710,765$0$0$7,567,620
72$9,473,357$0$0$8,231,020
73$10,309,767$0$0$8,958,669
74$11,227,400$0$0$9,757,013
75$12,234,412$0$0$10,633,151
76$13,339,787$0$0$11,594,905
77$14,553,420$0$0$12,650,888
78$15,886,212$0$0$13,810,591
79$17,350,171$0$0$15,084,466
80$18,958,527$0$0$16,484,031
81$20,725,852$0$0$18,021,971
82$22,668,201$0$0$19,712,263
83$24,803,262$0$0$21,570,304
84$27,150,521$0$0$23,613,059
85$29,731,445$0$0$25,859,215
86$32,569,689$0$0$28,329,365
87$35,691,311$0$0$31,046,194
88$39,125,023$0$0$34,034,698
89$42,902,459$0$0$37,322,415
90$47,058,474$0$0$40,939,690
91$51,631,472$0$0$44,919,953
92$56,663,766$0$0$49,300,042
93$62,201,980$0$0$54,120,546
94$68,297,484$0$0$59,426,186
95$75,006,883$0$0$65,266,239
96$82,392,547$0$0$71,695,003
97$90,523,201$0$0$78,772,306
98$99,474,569$0$0$86,564,074
99$109,330,094$0$0$95,142,947
100$120,181,719$0$0$104,588,969