Can I retire at age 35 with 691,000?

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 $691,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$57,062$56,554$56,058$55,574$55,101$53,945
2 years$28,249$27,722$27,213$26,718$26,239$25,079
3 years$18,645$18,117$17,608$17,119$16,647$15,520
4 years$13,845$13,318$12,814$12,333$11,873$10,788
5 years$10,965$10,441$9,944$9,473$9,025$7,985
6 years$9,046$8,526$8,037$7,576$7,142$6,147
7 years$7,676$7,160$6,678$6,228$5,808$4,859
8 years$6,648$6,138$5,664$5,225$4,818$3,915
9 years$5,850$5,344$4,878$4,450$4,058$3,200
10 years$5,211$4,710$4,253$3,836$3,457$2,644
11 years$4,689$4,193$3,744$3,339$2,973$2,203
12 years$4,255$3,764$3,323$2,928$2,577$1,849
13 years$3,887$3,401$2,969$2,585$2,247$1,560
14 years$3,572$3,092$2,668$2,295$1,970$1,322
15 years$3,300$2,824$2,408$2,047$1,734$1,124
16 years$3,061$2,591$2,184$1,833$1,533$960
17 years$2,851$2,386$1,987$1,647$1,359$821
18 years$2,665$2,205$1,814$1,484$1,208$704
19 years$2,498$2,044$1,660$1,341$1,077$605
20 years$2,348$1,899$1,524$1,214$962$520
21 years$2,213$1,769$1,402$1,102$861$448
22 years$2,090$1,651$1,292$1,002$772$387
23 years$1,978$1,544$1,193$913$693$334
24 years$1,876$1,447$1,103$832$623$289
25 years$1,782$1,358$1,022$760$560$250
26 years$1,695$1,276$948$695$505$216
27 years$1,614$1,201$880$636$455$187
28 years$1,540$1,132$818$583$411$162
29 years$1,471$1,068$761$535$371$140
30 years$1,407$1,008$709$491$335$122
31 years$1,346$953$661$451$303$105
32 years$1,290$902$617$414$274$91
33 years$1,237$854$576$381$248$79
34 years$1,188$810$538$350$224$69
35 years$1,141$768$503$323$203$60
36 years$1,097$729$471$297$184$52
37 years$1,056$692$440$274$167$45
38 years$1,017$658$412$252$151$39
39 years$980$626$386$233$137$34
40 years$945$595$362$215$124$29
41 years$911$567$340$198$113$26
42 years$880$540$319$183$102$22
43 years$850$514$299$169$93$19
44 years$821$490$281$156$84$17
45 years$794$467$264$144$77$15
46 years$768$446$247$133$70$13
47 years$743$425$233$123$63$11
48 years$719$406$218$113$57$10
49 years$696$388$205$105$52$8
50 years$675$370$193$97$47$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $691,000, adding $6,242 every year, while hoping to spend $27,048 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: 49/31/20 Blend
34$691,000$691,000$691,000$691,000
35$767,921$731,298$720,587$800,955
36$817,470$738,352$715,948$831,577
37$871,166$744,846$710,247$861,570
38$929,405$750,723$703,420$893,585
39$992,619$755,924$695,399$927,822
40$1,061,286$760,384$686,115$964,504
41$1,135,931$764,036$675,494$1,003,877
42$1,217,131$766,809$663,458$1,046,213
43$1,305,522$768,626$649,927$1,091,815
44$1,401,802$769,406$634,816$1,141,015
45$1,506,741$769,062$618,038$1,194,184
46$1,621,185$767,503$599,499$1,251,728
47$1,746,066$764,631$579,102$1,314,101
48$1,882,410$760,343$556,748$1,381,801
49$2,031,346$754,530$532,329$1,455,380
50$2,194,117$747,075$505,735$1,535,449
51$2,372,091$737,856$476,851$1,622,684
52$2,566,775$726,741$445,556$1,717,830
53$2,779,827$713,593$411,724$1,821,712
54$3,013,075$698,265$375,222$1,935,242
55$3,268,530$680,601$335,914$2,059,428
56$3,548,408$660,438$293,654$2,195,381
57$3,855,147$637,601$248,293$2,344,333
58$4,191,434$611,906$199,673$2,507,641
59$4,560,230$583,158$147,632$2,686,807
60$4,964,792$551,152$91,996$2,883,487
61$5,408,712$515,670$32,589$3,099,514
62$5,895,943$476,480$0$3,336,909
63$6,430,841$433,339$0$3,604,479
64$7,018,205$385,991$0$3,905,964
65$7,663,319$334,162$0$4,237,167
66$8,372,007$277,565$0$4,601,139
67$9,150,682$215,896$0$5,001,244
68$10,006,411$148,834$0$5,441,193
69$10,946,978$76,040$0$5,925,079
70$11,980,961$0$0$6,457,417
71$13,117,808$0$0$7,044,155
72$14,367,929$0$0$7,717,961
73$15,742,794$0$0$8,459,086
74$17,255,038$0$0$9,274,355
75$18,918,587$0$0$10,171,282
76$20,748,778$0$0$11,158,151
77$22,762,514$0$0$12,244,086
78$24,978,419$0$0$13,439,143
79$27,417,010$0$0$14,754,400
80$30,100,898$0$0$16,202,063
81$33,054,994$0$0$17,795,584
82$36,306,748$0$0$19,549,782
83$39,886,406$0$0$21,480,989
84$43,827,293$0$0$23,607,198
85$48,166,135$0$0$25,948,237
86$52,943,395$0$0$28,525,956
87$58,203,661$0$0$31,364,428
88$63,996,065$0$0$34,490,183
89$70,374,747$0$0$37,932,451
90$77,399,364$0$0$41,723,446
91$85,135,653$0$0$45,898,662
92$93,656,053$0$0$50,497,211
93$103,040,385$0$0$55,562,194
94$113,376,608$0$0$61,141,105
95$124,761,649$0$0$67,286,280
96$137,302,313$0$0$74,055,388
97$151,116,297$0$0$81,511,982
98$166,333,295$0$0$89,726,092
99$183,096,226$0$0$98,774,886
100$201,562,580$0$0$108,743,405