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%11.7%
1 years$59,292$58,764$58,248$57,745$57,254$56,846
2 years$29,352$28,806$28,276$27,762$27,264$26,852
3 years$19,374$18,825$18,296$17,788$17,297$16,895
4 years$14,386$13,838$13,315$12,815$12,337$11,947
5 years$11,393$10,849$10,333$9,843$9,378$9,002
6 years$9,399$8,859$8,351$7,872$7,421$7,058
7 years$7,975$7,440$6,939$6,472$6,035$5,687
8 years$6,908$6,377$5,885$5,429$5,007$4,673
9 years$6,078$5,553$5,069$4,624$4,216$3,896
10 years$5,415$4,894$4,419$3,986$3,592$3,287
11 years$4,872$4,357$3,891$3,469$3,090$2,798
12 years$4,421$3,911$3,453$3,043$2,677$2,399
13 years$4,039$3,534$3,085$2,686$2,335$2,069
14 years$3,712$3,213$2,772$2,385$2,047$1,794
15 years$3,429$2,935$2,503$2,127$1,802$1,562
16 years$3,181$2,693$2,269$1,904$1,593$1,365
17 years$2,963$2,480$2,065$1,711$1,412$1,196
18 years$2,769$2,291$1,885$1,542$1,256$1,051
19 years$2,596$2,124$1,725$1,393$1,119$926
20 years$2,440$1,973$1,583$1,262$1,000$817
21 years$2,300$1,838$1,456$1,145$895$722
22 years$2,172$1,716$1,342$1,041$802$639
23 years$2,056$1,605$1,239$948$720$566
24 years$1,949$1,504$1,146$865$647$503
25 years$1,851$1,411$1,062$790$582$446
26 years$1,761$1,326$985$722$524$397
27 years$1,678$1,248$914$661$473$353
28 years$1,600$1,176$850$606$427$314
29 years$1,528$1,109$791$555$385$280
30 years$1,462$1,048$737$510$348$250
31 years$1,399$990$687$468$315$223
32 years$1,341$937$641$430$285$199
33 years$1,286$888$598$396$258$177
34 years$1,234$841$559$364$233$158
35 years$1,186$798$523$335$211$141
36 years$1,140$757$489$309$191$126
37 years$1,097$719$458$284$173$113
38 years$1,057$684$429$262$157$101
39 years$1,018$650$402$242$143$90
40 years$982$618$376$223$129$81
41 years$947$589$353$206$117$72
42 years$914$561$331$190$106$64
43 years$883$534$311$175$97$58
44 years$853$509$292$162$88$52
45 years$825$486$274$149$80$46
46 years$798$463$257$138$72$41
47 years$772$442$242$128$66$37
48 years$747$422$227$118$60$33
49 years$724$403$213$109$54$30
50 years$701$385$201$101$49$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $718,000, adding $6,553 every year, while hoping to spend $42,020 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: 47/33/20 Blend
34$718,000$718,000$718,000$718,000
35$797,995$759,941$748,812$830,684
36$834,682$752,470$729,189$846,687
37$873,702$743,223$707,499$859,313
38$915,250$732,071$683,630$872,141
39$959,537$718,874$657,464$885,208
40$1,006,796$703,485$628,875$898,558
41$1,057,280$685,747$597,733$912,241
42$1,111,270$665,496$563,905$926,318
43$1,169,070$642,556$527,246$940,857
44$1,231,016$616,742$487,610$955,936
45$1,297,476$587,858$444,840$971,647
46$1,368,852$555,697$398,777$988,093
47$1,445,589$520,040$349,249$1,005,394
48$1,528,172$480,655$296,082$1,023,683
49$1,617,135$437,297$239,090$1,043,116
50$1,713,064$389,706$178,081$1,063,866
51$1,816,605$337,609$112,855$1,086,131
52$1,928,463$280,717$43,201$1,110,134
53$2,049,419$218,724$0$1,136,127
54$2,180,325$151,308$0$1,171,038
55$2,322,123$78,127$0$1,218,813
56$2,475,845$0$0$1,270,634
57$2,642,629$0$0$1,327,385
58$2,823,723$0$0$1,419,879
59$3,020,502$0$0$1,520,456
60$3,234,479$0$0$1,629,897
61$3,467,317$0$0$1,749,064
62$3,720,847$0$0$1,878,903
63$3,997,082$0$0$2,020,456
64$4,298,239$0$0$2,174,869
65$4,626,758$0$0$2,343,404
66$4,985,324$0$0$2,527,451
67$5,376,894$0$0$2,728,539
68$5,804,719$0$0$2,948,351
69$6,272,384$0$0$3,188,742
70$6,783,831$0$0$3,451,752
71$7,343,403$0$0$3,739,628
72$7,955,882$0$0$4,054,845
73$8,626,532$0$0$4,400,128
74$9,361,152$0$0$4,778,478
75$10,166,126$0$0$5,193,200
76$11,048,487$0$0$5,647,935
77$12,015,980$0$0$6,146,691
78$13,077,134$0$0$6,693,883
79$14,241,345$0$0$7,294,377
80$15,518,961$0$0$7,953,530
81$16,921,381$0$0$8,677,242
82$18,461,162$0$0$9,472,015
83$20,152,136$0$0$10,345,010
84$22,009,538$0$0$11,304,117
85$24,050,156$0$0$12,358,026
86$26,292,478$0$0$13,516,311
87$28,756,878$0$0$14,789,522
88$31,465,798$0$0$16,189,278
89$34,443,962$0$0$17,728,383
90$37,718,612$0$0$19,420,942
91$41,319,759$0$0$21,282,496
92$45,280,469$0$0$23,330,169
93$49,637,174$0$0$25,582,825
94$54,430,012$0$0$28,061,251
95$59,703,211$0$0$30,788,349
96$65,505,497$0$0$33,789,354
97$71,890,563$0$0$37,092,070
98$78,917,566$0$0$40,727,133
99$86,651,689$0$0$44,728,301
100$95,164,755$0$0$49,132,768