Can I retire at age 35 with 693,000?

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 $693,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$57,227$56,718$56,220$55,735$55,261$54,079
2 years$28,330$27,803$27,291$26,796$26,315$25,130
3 years$18,699$18,169$17,659$17,168$16,695$15,544
4 years$13,885$13,356$12,851$12,369$11,907$10,799
5 years$10,997$10,472$9,973$9,500$9,052$7,989
6 years$9,072$8,551$8,060$7,598$7,162$6,147
7 years$7,698$7,181$6,698$6,246$5,825$4,856
8 years$6,668$6,155$5,680$5,240$4,832$3,911
9 years$5,867$5,359$4,892$4,463$4,069$3,194
10 years$5,226$4,724$4,265$3,847$3,467$2,638
11 years$4,703$4,206$3,755$3,348$2,982$2,197
12 years$4,267$3,775$3,333$2,937$2,584$1,842
13 years$3,898$3,411$2,977$2,593$2,253$1,553
14 years$3,583$3,101$2,675$2,302$1,975$1,315
15 years$3,309$2,833$2,415$2,053$1,739$1,118
16 years$3,070$2,599$2,190$1,838$1,537$953
17 years$2,860$2,393$1,993$1,651$1,363$815
18 years$2,673$2,212$1,819$1,488$1,212$698
19 years$2,506$2,050$1,665$1,345$1,080$600
20 years$2,355$1,905$1,528$1,218$965$516
21 years$2,220$1,774$1,406$1,105$863$444
22 years$2,096$1,656$1,296$1,005$774$383
23 years$1,984$1,549$1,196$915$695$330
24 years$1,881$1,451$1,106$835$624$285
25 years$1,787$1,362$1,025$762$562$246
26 years$1,700$1,280$950$697$506$213
27 years$1,619$1,205$882$638$456$184
28 years$1,545$1,135$820$585$412$159
29 years$1,475$1,071$763$536$372$138
30 years$1,411$1,011$711$492$336$120
31 years$1,350$956$663$452$304$104
32 years$1,294$905$619$415$275$90
33 years$1,241$857$578$382$249$78
34 years$1,191$812$540$351$225$67
35 years$1,145$770$505$323$204$58
36 years$1,101$731$472$298$185$51
37 years$1,059$694$442$274$167$44
38 years$1,020$660$414$253$152$38
39 years$983$627$388$233$138$33
40 years$947$597$363$215$125$29
41 years$914$568$341$198$113$25
42 years$882$541$320$183$103$22
43 years$852$516$300$169$93$19
44 years$823$491$281$156$85$16
45 years$796$469$264$144$77$14
46 years$770$447$248$133$70$12
47 years$745$427$233$123$63$11
48 years$721$407$219$114$58$9
49 years$698$389$206$105$52$8
50 years$677$372$194$97$47$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $693,000, adding $6,613 every year, while hoping to spend $27,118 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: 57/30/13 Blend
34$693,000$693,000$693,000$693,000
35$770,507$733,778$723,037$811,524
36$820,246$740,880$718,405$847,133
37$874,149$747,421$712,710$882,355
38$932,612$753,345$705,886$920,098
39$996,072$758,592$697,866$960,608
40$1,065,007$763,099$688,580$1,004,156
41$1,139,944$766,797$677,954$1,051,043
42$1,221,464$769,616$665,911$1,101,600
43$1,310,204$771,478$652,370$1,156,192
44$1,406,866$772,302$637,246$1,215,224
45$1,512,223$772,001$620,450$1,279,142
46$1,627,125$770,484$601,890$1,348,438
47$1,752,507$767,654$581,470$1,423,657
48$1,889,401$763,406$559,086$1,505,400
49$2,038,938$757,632$534,634$1,594,329
50$2,202,368$750,214$508,003$1,691,179
51$2,381,065$741,030$479,076$1,796,757
52$2,576,542$729,948$447,734$1,911,957
53$2,790,464$716,831$413,848$2,037,765
54$3,024,667$701,531$377,287$2,175,269
55$3,281,170$683,893$337,913$2,325,671
56$3,562,198$663,753$295,582$2,490,297
57$3,870,201$640,935$250,143$2,670,611
58$4,207,877$615,257$201,438$2,868,228
59$4,578,198$586,521$149,303$3,084,932
60$4,984,436$554,523$93,567$3,322,692
61$5,430,198$519,044$34,051$3,583,679
62$5,919,454$479,853$0$3,870,290
63$6,456,578$436,706$0$4,189,256
64$7,046,389$389,344$0$4,544,715
65$7,694,195$337,497$0$4,935,188
66$8,405,843$280,874$0$5,364,256
67$9,187,775$219,172$0$5,835,869
68$10,047,086$152,070$0$6,354,384
69$10,991,595$79,228$0$6,924,604
70$12,029,915$288$0$7,551,827
71$13,171,535$0$0$8,241,894
72$14,426,909$0$0$9,029,349
73$15,807,555$0$0$9,895,556
74$17,326,163$0$0$10,848,390
75$18,996,716$0$0$11,896,633
76$20,834,619$0$0$13,049,960
77$22,856,846$0$0$14,319,033
78$25,082,098$0$0$15,715,598
79$27,530,983$0$0$17,252,597
80$30,226,204$0$0$18,944,291
81$33,192,781$0$0$20,806,393
82$36,458,279$0$0$22,856,218
83$40,053,072$0$0$25,112,844
84$44,010,630$0$0$27,597,293
85$48,367,832$0$0$30,332,728
86$53,165,313$0$0$33,344,673
87$58,447,853$0$0$36,661,254
88$64,264,791$0$0$40,313,462
89$70,670,498$0$0$44,335,447
90$77,724,884$0$0$48,764,840
91$85,493,966$0$0$53,643,108
92$94,050,491$0$0$59,015,942
93$103,474,619$0$0$64,933,695
94$113,854,684$0$0$71,451,849
95$125,288,024$0$0$78,631,545
96$137,881,900$0$0$86,540,156
97$151,754,508$0$0$95,251,923
98$167,036,094$0$0$104,848,657
99$183,870,185$0$0$115,420,511
100$202,414,941$0$0$127,066,829