Can I retire at age 35 with 692,000?

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 $692,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$57,145$56,636$56,139$55,654$55,181$53,097
2 years$28,289$27,763$27,252$26,757$26,277$24,201
3 years$18,672$18,143$17,634$17,143$16,671$14,669
4 years$13,865$13,337$12,833$12,351$11,890$9,977
5 years$10,981$10,456$9,959$9,487$9,039$7,220
6 years$9,059$8,539$8,048$7,587$7,152$5,429
7 years$7,687$7,171$6,688$6,237$5,816$4,188
8 years$6,658$6,147$5,672$5,232$4,825$3,290
9 years$5,858$5,352$4,885$4,457$4,064$2,620
10 years$5,219$4,717$4,259$3,842$3,462$2,107
11 years$4,696$4,199$3,750$3,344$2,978$1,708
12 years$4,261$3,769$3,328$2,933$2,580$1,393
13 years$3,893$3,406$2,973$2,589$2,250$1,141
14 years$3,577$3,096$2,671$2,298$1,973$939
15 years$3,304$2,828$2,412$2,050$1,737$775
16 years$3,066$2,595$2,187$1,835$1,535$641
17 years$2,856$2,390$1,990$1,649$1,361$532
18 years$2,669$2,208$1,816$1,486$1,210$442
19 years$2,502$2,047$1,663$1,343$1,079$367
20 years$2,352$1,902$1,526$1,216$963$306
21 years$2,216$1,772$1,404$1,104$862$255
22 years$2,093$1,654$1,294$1,004$773$213
23 years$1,981$1,547$1,195$914$694$177
24 years$1,878$1,449$1,105$834$624$148
25 years$1,784$1,360$1,023$761$561$124
26 years$1,697$1,278$949$696$505$104
27 years$1,617$1,203$881$637$456$87
28 years$1,542$1,133$819$584$411$72
29 years$1,473$1,069$762$535$371$61
30 years$1,409$1,010$710$491$335$51
31 years$1,348$955$662$451$303$42
32 years$1,292$903$618$415$274$35
33 years$1,239$855$577$381$248$30
34 years$1,190$811$539$351$225$25
35 years$1,143$769$504$323$204$21
36 years$1,099$730$471$297$184$17
37 years$1,058$693$441$274$167$15
38 years$1,018$659$413$253$152$12
39 years$981$626$387$233$137$10
40 years$946$596$363$215$125$9
41 years$913$567$340$198$113$7
42 years$881$540$319$183$103$6
43 years$851$515$299$169$93$5
44 years$822$491$281$156$85$4
45 years$795$468$264$144$77$4
46 years$769$446$248$133$70$3
47 years$744$426$233$123$63$2
48 years$720$407$219$114$57$2
49 years$697$388$206$105$52$2
50 years$676$371$193$97$47$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $692,000, adding $5,708 every year, while hoping to spend $54,698 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: 45/26/29 Blend
34$692,000$692,000$692,000$692,000
35$768,472$731,796$721,070$796,388
36$788,658$709,456$687,027$794,483
37$809,069$684,187$650,011$786,744
38$829,672$655,790$609,864$777,313
39$850,425$624,051$566,422$766,061
40$871,284$588,744$519,512$752,853
41$892,194$549,632$468,955$737,544
42$913,097$506,463$414,564$719,980
43$933,923$458,970$356,142$699,996
44$954,596$406,873$293,486$677,415
45$975,029$349,873$226,381$652,050
46$995,121$287,657$154,605$623,698
47$1,014,764$219,892$77,924$592,145
48$1,033,831$146,228$0$557,161
49$1,052,184$66,295$0$519,708
50$1,069,664$0$0$504,125
51$1,086,098$0$0$491,880
52$1,101,289$0$0$497,942
53$1,115,018$0$0$503,232
54$1,127,042$0$0$507,629
55$1,137,088$0$0$510,996
56$1,144,855$0$0$513,181
57$1,150,004$0$0$514,017
58$1,152,163$0$0$513,315
59$1,150,915$0$0$510,867
60$1,145,798$0$0$506,444
61$1,136,300$0$0$499,789
62$1,121,853$0$0$490,618
63$1,101,827$0$0$478,617
64$1,075,522$0$0$463,437
65$1,042,165$0$0$444,693
66$1,000,900$0$0$421,958
67$950,777$0$0$394,759
68$890,747$0$0$362,573
69$819,648$0$0$324,822
70$736,196$0$0$280,866
71$638,969$0$0$229,999
72$526,396$0$0$171,438
73$396,743$0$0$104,320
74$248,089$0$0$27,691
75$78,316$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0