Can I retire at age 35 with 719,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $719,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$59,374$58,845$58,329$57,826$57,334$56,524
2 years$29,393$28,846$28,315$27,801$27,302$26,487
3 years$19,401$18,851$18,322$17,812$17,321$16,528
4 years$14,406$13,858$13,334$12,833$12,354$11,587
5 years$11,409$10,864$10,347$9,857$9,391$8,654
6 years$9,412$8,872$8,362$7,883$7,431$6,723
7 years$7,987$7,450$6,949$6,481$6,043$5,366
8 years$6,918$6,386$5,893$5,436$5,014$4,366
9 years$6,087$5,560$5,076$4,631$4,222$3,605
10 years$5,422$4,901$4,425$3,992$3,597$3,010
11 years$4,879$4,363$3,896$3,474$3,094$2,535
12 years$4,427$3,916$3,458$3,047$2,681$2,150
13 years$4,044$3,539$3,089$2,690$2,338$1,835
14 years$3,717$3,217$2,776$2,388$2,049$1,573
15 years$3,433$2,939$2,506$2,130$1,805$1,354
16 years$3,185$2,696$2,272$1,907$1,595$1,169
17 years$2,967$2,483$2,067$1,713$1,414$1,013
18 years$2,773$2,295$1,887$1,544$1,257$879
19 years$2,600$2,127$1,728$1,395$1,121$765
20 years$2,444$1,976$1,586$1,264$1,001$666
21 years$2,303$1,841$1,459$1,147$896$582
22 years$2,175$1,718$1,344$1,043$803$508
23 years$2,058$1,607$1,241$950$721$445
24 years$1,952$1,506$1,148$866$648$389
25 years$1,854$1,413$1,063$791$583$341
26 years$1,763$1,328$986$723$525$299
27 years$1,680$1,250$916$662$473$263
28 years$1,602$1,178$851$607$427$231
29 years$1,531$1,111$792$556$386$203
30 years$1,464$1,049$738$510$349$178
31 years$1,401$992$688$469$315$157
32 years$1,342$939$642$431$285$138
33 years$1,288$889$599$396$258$121
34 years$1,236$842$560$365$234$107
35 years$1,188$799$523$336$212$94
36 years$1,142$758$490$309$192$83
37 years$1,099$720$458$285$174$73
38 years$1,058$684$429$262$157$64
39 years$1,020$651$402$242$143$57
40 years$983$619$377$223$130$50
41 years$948$589$353$206$118$44
42 years$915$561$332$190$107$39
43 years$884$535$311$175$97$34
44 years$854$510$292$162$88$30
45 years$826$486$274$150$80$27
46 years$799$464$258$138$72$23
47 years$773$443$242$128$66$21
48 years$748$423$227$118$60$18
49 years$725$404$214$109$54$16
50 years$702$385$201$101$49$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $719,000, adding $4,960 every year, while hoping to spend $40,972 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: 55/29/16 Blend
34$719,000$719,000$719,000$719,000
35$797,454$759,347$748,203$837,674
36$835,201$752,961$729,674$859,231
37$875,424$744,889$709,151$877,865
38$918,334$735,005$686,524$897,231
39$964,159$723,176$661,677$917,410
40$1,013,152$709,260$634,492$938,489
41$1,065,587$693,107$604,841$960,571
42$1,121,767$674,560$572,593$983,768
43$1,182,023$653,449$537,611$1,008,208
44$1,246,719$629,598$499,751$1,034,033
45$1,316,255$602,818$458,863$1,061,404
46$1,391,067$572,911$414,789$1,090,499
47$1,471,638$539,666$367,367$1,121,519
48$1,558,496$502,860$316,424$1,154,689
49$1,652,221$462,258$261,783$1,190,260
50$1,753,450$417,612$203,256$1,228,511
51$1,862,886$368,659$140,648$1,269,755
52$1,981,296$315,119$73,756$1,314,341
53$2,109,530$256,701$2,368$1,362,658
54$2,248,517$193,094$0$1,415,139
55$2,399,280$123,971$0$1,484,868
56$2,562,946$48,985$0$1,561,033
57$2,740,752$0$0$1,643,866
58$2,934,061$0$0$1,744,361
59$3,144,370$0$0$1,870,760
60$3,373,329$0$0$2,008,428
61$3,622,751$0$0$2,158,464
62$3,894,632$0$0$2,322,076
63$4,191,169$0$0$2,500,596
64$4,514,781$0$0$2,695,487
65$4,868,128$0$0$2,908,362
66$5,254,142$0$0$3,140,995
67$5,676,046$0$0$3,395,340
68$6,137,394$0$0$3,673,548
69$6,642,094$0$0$3,977,988
70$7,194,453$0$0$4,311,267
71$7,799,210$0$0$4,676,258
72$8,461,587$0$0$5,076,123
73$9,187,332$0$0$5,514,345
74$9,982,776$0$0$5,994,760
75$10,854,894$0$0$6,521,593
76$11,811,365$0$0$7,099,496
77$12,860,648$0$0$7,733,597
78$14,012,060$0$0$8,429,538
79$15,275,865$0$0$9,193,541
80$16,663,367$0$0$10,032,453
81$18,187,018$0$0$10,953,821
82$19,860,538$0$0$11,965,957
83$21,699,038$0$0$13,078,020
84$23,719,166$0$0$14,300,095
85$25,939,262$0$0$15,643,299
86$28,379,531$0$0$17,119,873
87$31,062,234$0$0$18,743,309
88$34,011,893$0$0$20,528,467
89$37,255,529$0$0$22,491,721
90$40,822,910$0$0$24,651,112
91$44,746,835$0$0$27,026,516
92$49,063,439$0$0$29,639,832
93$53,812,539$0$0$32,515,189
94$59,038,002$0$0$35,679,174
95$64,788,166$0$0$39,161,080
96$71,116,287$0$0$42,993,182
97$78,081,048$0$0$47,211,046
98$85,747,107$0$0$51,853,858
99$94,185,712$0$0$56,964,796
100$103,475,364$0$0$62,591,438