Can I retire at age 35 with 696,000?

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 $696,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$57,475$56,963$56,464$55,976$55,500$54,114
2 years$28,453$27,923$27,410$26,912$26,429$25,041
3 years$18,780$18,248$17,736$17,243$16,767$15,422
4 years$13,945$13,414$12,907$12,422$11,959$10,665
5 years$11,044$10,517$10,016$9,541$9,091$7,853
6 years$9,111$8,588$8,095$7,630$7,193$6,013
7 years$7,731$7,212$6,727$6,273$5,850$4,726
8 years$6,696$6,182$5,705$5,263$4,853$3,786
9 years$5,892$5,383$4,914$4,483$4,087$3,076
10 years$5,249$4,745$4,284$3,864$3,482$2,526
11 years$4,723$4,224$3,771$3,363$2,995$2,091
12 years$4,285$3,791$3,347$2,950$2,595$1,743
13 years$3,915$3,426$2,990$2,604$2,263$1,461
14 years$3,598$3,114$2,687$2,312$1,984$1,230
15 years$3,324$2,845$2,426$2,062$1,747$1,039
16 years$3,084$2,610$2,199$1,846$1,544$880
17 years$2,872$2,404$2,001$1,659$1,369$748
18 years$2,684$2,221$1,827$1,495$1,217$636
19 years$2,516$2,059$1,673$1,351$1,085$543
20 years$2,365$1,913$1,535$1,223$969$463
21 years$2,229$1,782$1,412$1,110$867$396
22 years$2,105$1,663$1,301$1,009$777$339
23 years$1,993$1,556$1,201$919$698$291
24 years$1,889$1,458$1,111$838$627$249
25 years$1,794$1,368$1,029$766$564$214
26 years$1,707$1,286$954$700$508$183
27 years$1,626$1,210$886$641$458$158
28 years$1,551$1,140$824$587$414$135
29 years$1,482$1,075$767$538$373$116
30 years$1,417$1,016$714$494$337$100
31 years$1,356$960$666$454$305$86
32 years$1,300$908$621$417$276$74
33 years$1,246$860$580$384$250$64
34 years$1,197$815$542$353$226$55
35 years$1,150$773$507$325$205$47
36 years$1,105$734$474$299$186$41
37 years$1,064$697$444$276$168$35
38 years$1,024$663$415$254$152$30
39 years$987$630$389$234$138$26
40 years$952$599$365$216$125$22
41 years$918$571$342$199$114$19
42 years$886$543$321$184$103$17
43 years$856$518$301$170$94$14
44 years$827$494$283$157$85$12
45 years$799$471$265$145$77$11
46 years$773$449$249$134$70$9
47 years$748$428$234$124$64$8
48 years$724$409$220$114$58$7
49 years$701$391$207$106$52$6
50 years$680$373$194$98$48$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $696,000, adding $6,953 every year, while hoping to spend $54,681 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: 80/13/7 Blend
34$696,000$696,000$696,000$696,000
35$774,164$737,276$726,488$834,955
36$794,949$715,222$692,645$853,726
37$816,021$690,255$655,836$866,400
38$837,351$662,175$615,903$878,658
39$858,908$630,768$572,683$890,429
40$880,652$595,811$526,003$901,636
41$902,539$557,067$475,685$912,195
42$924,519$514,283$421,541$922,014
43$946,533$467,196$363,376$930,992
44$968,515$415,525$300,985$939,017
45$990,391$358,973$234,155$945,968
46$1,012,076$297,227$162,664$951,712
47$1,033,473$229,957$86,279$956,102
48$1,054,475$156,813$4,757$958,977
49$1,074,960$77,425$0$960,164
50$1,094,792$0$0$965,610
51$1,113,818$0$0$970,973
52$1,131,865$0$0$986,538
53$1,148,744$0$0$1,001,062
54$1,164,239$0$0$1,014,355
55$1,178,112$0$0$1,026,206
56$1,190,097$0$0$1,036,380
57$1,199,896$0$0$1,044,616
58$1,207,179$0$0$1,050,620
59$1,211,579$0$0$1,054,071
60$1,212,689$0$0$1,054,606
61$1,210,053$0$0$1,051,825
62$1,203,169$0$0$1,045,285
63$1,191,479$0$0$1,034,493
64$1,174,362$0$0$1,018,901
65$1,151,131$0$0$997,904
66$1,121,026$0$0$970,830
67$1,083,204$0$0$936,936
68$1,036,730$0$0$895,397
69$980,572$0$0$845,302
70$913,585$0$0$785,643
71$834,505$0$0$715,304
72$741,933$0$0$633,050
73$634,321$0$0$537,516
74$509,960$0$0$427,195
75$366,957$0$0$300,419
76$203,226$0$0$155,346
77$16,457$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