Can I retire at age 35 with 700,000?

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 $700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$57,805$57,290$56,788$56,298$55,819$53,753
2 years$28,617$28,084$27,567$27,066$26,580$24,522
3 years$18,888$18,353$17,838$17,342$16,864$14,878
4 years$14,025$13,491$12,981$12,494$12,027$10,130
5 years$11,108$10,577$10,074$9,596$9,143$7,338
6 years$9,164$8,637$8,141$7,674$7,235$5,523
7 years$7,776$7,254$6,765$6,309$5,884$4,266
8 years$6,735$6,218$5,738$5,293$4,881$3,355
9 years$5,926$5,414$4,942$4,508$4,111$2,675
10 years$5,279$4,772$4,308$3,886$3,502$2,154
11 years$4,750$4,248$3,793$3,382$3,012$1,748
12 years$4,310$3,813$3,366$2,967$2,610$1,428
13 years$3,938$3,446$3,008$2,619$2,276$1,172
14 years$3,619$3,132$2,702$2,325$1,995$965
15 years$3,343$2,861$2,440$2,073$1,757$798
16 years$3,101$2,625$2,212$1,857$1,553$661
17 years$2,889$2,418$2,013$1,668$1,377$549
18 years$2,700$2,234$1,837$1,503$1,224$457
19 years$2,531$2,070$1,682$1,358$1,091$380
20 years$2,379$1,924$1,544$1,230$975$317
21 years$2,242$1,792$1,420$1,117$872$265
22 years$2,117$1,673$1,309$1,015$782$221
23 years$2,004$1,565$1,208$925$702$185
24 years$1,900$1,466$1,118$843$631$155
25 years$1,805$1,376$1,035$770$568$129
26 years$1,717$1,293$960$704$511$108
27 years$1,635$1,217$891$645$461$91
28 years$1,560$1,147$829$591$416$76
29 years$1,490$1,082$771$542$376$64
30 years$1,425$1,021$718$497$339$53
31 years$1,364$966$670$456$307$45
32 years$1,307$914$625$419$278$38
33 years$1,254$865$583$386$251$31
34 years$1,203$820$545$355$227$26
35 years$1,156$778$510$327$206$22
36 years$1,112$738$477$301$187$19
37 years$1,070$701$446$277$169$16
38 years$1,030$666$418$256$153$13
39 years$993$634$391$236$139$11
40 years$957$603$367$217$126$9
41 years$923$574$344$201$114$8
42 years$891$547$323$185$104$6
43 years$861$521$303$171$94$5
44 years$832$496$284$158$86$5
45 years$804$473$267$146$78$4
46 years$778$452$251$135$70$3
47 years$753$431$236$124$64$3
48 years$728$411$221$115$58$2
49 years$705$393$208$106$53$2
50 years$683$375$196$98$48$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $700,000, adding $2,063 every year, while hoping to spend $25,587 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: 85/7/8 Blend
34$700,000$700,000$700,000$700,000
35$773,528$736,428$725,578$838,433
36$825,203$745,289$722,660$889,971
37$881,292$753,726$718,788$942,888
38$942,218$761,692$713,901$1,000,220
39$1,008,445$769,136$707,937$1,062,393
40$1,080,486$776,003$700,833$1,129,878
41$1,158,905$782,236$692,520$1,203,194
42$1,244,320$787,774$682,927$1,282,909
43$1,337,416$792,549$671,980$1,369,653
44$1,438,941$796,493$659,600$1,464,117
45$1,549,723$799,531$645,707$1,567,063
46$1,670,672$801,585$630,214$1,679,330
47$1,802,787$802,570$613,033$1,801,843
48$1,947,172$802,396$594,071$1,935,620
49$2,105,040$800,970$573,229$2,081,782
50$2,277,728$798,191$550,405$2,241,567
51$2,466,705$793,952$525,493$2,416,334
52$2,673,593$788,139$498,381$2,607,584
53$2,900,174$780,633$468,952$2,816,969
54$3,148,414$771,306$437,084$3,046,311
55$3,420,476$760,024$402,650$3,297,614
56$3,718,742$746,642$365,516$3,573,091
57$4,045,837$731,011$325,544$3,875,176
58$4,404,651$712,969$282,588$4,206,553
59$4,798,367$692,346$236,496$4,570,179
60$5,230,491$668,962$187,110$4,969,312
61$5,704,888$642,627$134,264$5,407,544
62$6,225,810$613,140$77,786$5,888,830
63$6,797,947$580,288$17,496$6,417,531
64$7,426,459$543,844$0$6,998,451
65$8,117,037$503,571$0$7,640,883
66$8,875,945$459,216$0$8,348,517
67$9,710,087$410,514$0$9,126,304
68$10,627,069$357,182$0$9,981,348
69$11,635,270$298,924$0$10,921,475
70$12,743,921$235,424$0$11,955,309
71$13,963,192$166,351$0$13,092,354
72$15,304,290$91,355$0$14,343,079
73$16,779,561$10,064$0$15,719,022
74$18,402,607$0$0$17,232,897
75$20,188,418$0$0$18,904,715
76$22,153,507$0$0$20,745,231
77$24,316,070$0$0$22,770,716
78$26,696,155$0$0$24,999,949
79$29,315,855$0$0$27,453,622
80$32,199,510$0$0$30,154,535
81$35,373,941$0$0$33,127,812
82$38,868,701$0$0$36,401,135
83$42,716,355$0$0$40,005,007
84$46,952,787$0$0$43,973,039
85$51,617,534$0$0$48,342,267
86$56,754,165$0$0$53,153,501
87$62,410,690$0$0$58,451,712
88$68,640,009$0$0$64,286,452
89$75,500,417$0$0$70,712,324
90$83,056,150$0$0$77,789,497
91$91,377,989$0$0$85,584,275
92$100,543,935$0$0$94,169,717
93$110,639,937$0$0$103,626,334
94$121,760,708$0$0$114,042,842
95$134,010,616$0$0$125,517,003
96$147,504,669$0$0$138,156,544
97$162,369,602$0$0$152,080,178
98$178,745,071$0$0$167,418,720
99$196,784,972$0$0$184,316,323
100$216,658,892$0$0$202,931,841