Can I retire at age 35 with 703,000?

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 $703,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$58,053$57,536$57,031$56,539$56,058$54,112
2 years$28,739$28,204$27,685$27,182$26,694$24,754
3 years$18,969$18,432$17,914$17,416$16,936$15,062
4 years$14,085$13,549$13,037$12,547$12,079$10,286
5 years$11,155$10,623$10,117$9,637$9,182$7,475
6 years$9,203$8,674$8,176$7,707$7,266$5,645
7 years$7,809$7,285$6,794$6,336$5,909$4,375
8 years$6,764$6,244$5,762$5,316$4,902$3,453
9 years$5,951$5,437$4,963$4,528$4,128$2,763
10 years$5,302$4,792$4,327$3,903$3,517$2,234
11 years$4,771$4,266$3,809$3,397$3,025$1,820
12 years$4,328$3,829$3,381$2,979$2,621$1,492
13 years$3,954$3,460$3,020$2,630$2,286$1,230
14 years$3,634$3,145$2,714$2,335$2,004$1,017
15 years$3,357$2,873$2,450$2,082$1,764$844
16 years$3,115$2,636$2,221$1,864$1,559$703
17 years$2,901$2,428$2,021$1,675$1,383$586
18 years$2,711$2,244$1,845$1,510$1,229$490
19 years$2,542$2,079$1,689$1,364$1,096$410
20 years$2,389$1,932$1,550$1,236$979$343
21 years$2,252$1,800$1,426$1,121$876$288
22 years$2,127$1,680$1,314$1,020$785$242
23 years$2,013$1,571$1,214$928$705$203
24 years$1,908$1,472$1,122$847$633$171
25 years$1,812$1,382$1,039$773$570$143
26 years$1,724$1,298$964$707$513$121
27 years$1,643$1,222$895$647$463$102
28 years$1,567$1,151$832$593$418$86
29 years$1,497$1,086$774$544$377$72
30 years$1,431$1,026$721$499$341$61
31 years$1,370$970$673$458$308$51
32 years$1,313$918$627$421$279$43
33 years$1,259$869$586$387$252$36
34 years$1,209$824$547$356$228$31
35 years$1,161$781$512$328$207$26
36 years$1,117$741$479$302$187$22
37 years$1,074$704$448$278$170$18
38 years$1,035$669$420$257$154$15
39 years$997$636$393$237$140$13
40 years$961$605$369$218$127$11
41 years$927$576$346$201$115$9
42 years$895$549$324$186$104$8
43 years$864$523$304$172$95$7
44 years$835$499$286$158$86$6
45 years$807$475$268$146$78$5
46 years$781$454$252$135$71$4
47 years$756$433$237$125$64$3
48 years$732$413$222$115$58$3
49 years$708$395$209$107$53$2
50 years$686$377$196$99$48$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $703,000, adding $5,217 every year, while hoping to spend $22,014 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: 35/42/23 Blend
34$703,000$703,000$703,000$703,000
35$780,087$742,828$731,932$801,795
36$836,234$755,804$733,029$831,271
37$897,369$768,678$733,425$860,664
38$963,979$781,422$733,073$891,935
39$1,036,598$794,005$731,924$925,265
40$1,115,815$806,395$729,927$960,855
41$1,202,276$818,556$727,028$998,926
42$1,296,695$830,452$723,170$1,039,722
43$1,399,856$842,042$718,295$1,083,516
44$1,512,623$853,284$712,339$1,130,606
45$1,635,946$864,131$705,238$1,181,323
46$1,770,873$874,533$696,924$1,236,033
47$1,918,556$884,440$687,325$1,295,142
48$2,080,265$893,794$676,367$1,359,096
49$2,257,398$902,536$663,971$1,428,390
50$2,451,495$910,602$650,056$1,503,570
51$2,664,250$917,924$634,536$1,585,239
52$2,897,531$924,430$617,321$1,674,065
53$3,153,396$930,044$598,317$1,770,785
54$3,434,108$934,682$577,427$1,876,214
55$3,742,164$938,258$554,547$1,991,250
56$4,080,311$940,679$529,571$2,116,889
57$4,451,578$941,847$502,386$2,254,227
58$4,859,298$941,657$472,876$2,404,477
59$5,307,146$939,998$440,917$2,568,977
60$5,799,169$936,752$406,382$2,749,208
61$6,339,825$931,794$369,137$2,946,800
62$6,934,027$924,990$329,041$3,163,558
63$7,587,184$916,201$285,951$3,401,471
64$8,305,258$905,277$239,712$3,662,737
65$9,094,818$892,059$190,166$3,949,782
66$9,963,099$876,380$137,146$4,265,283
67$10,918,074$858,062$80,480$4,612,196
68$11,968,527$836,916$19,985$4,993,783
69$13,124,136$812,744$0$5,413,644
70$14,395,563$785,334$0$5,886,691
71$15,794,559$754,463$0$6,412,315
72$17,334,067$719,895$0$6,990,493
73$19,028,351$681,379$0$7,626,618
74$20,893,129$638,652$0$8,326,634
75$22,945,715$591,434$0$9,097,097
76$25,205,193$539,429$0$9,945,236
77$27,692,586$482,324$0$10,879,021
78$30,431,062$419,790$0$11,907,243
79$33,446,148$351,478$0$13,039,593
80$36,765,974$277,018$0$14,286,758
81$40,421,533$196,022$0$15,660,520
82$44,446,981$108,079$0$17,173,872
83$48,879,951$12,753$0$18,841,136
84$53,761,915$0$0$20,678,106
85$59,138,569$0$0$22,743,979
86$65,060,270$0$0$25,025,907
87$71,582,506$0$0$27,539,397
88$78,766,422$0$0$30,308,029
89$86,679,396$0$0$33,357,789
90$95,395,675$0$0$36,717,313
91$104,997,077$0$0$40,418,154
92$115,573,760$0$0$44,495,085
93$127,225,074$0$0$48,986,423
94$140,060,500$0$0$53,934,392
95$154,200,681$0$0$59,385,521
96$169,778,563$0$0$65,391,085
97$186,940,644$0$0$72,007,586
98$205,848,365$0$0$79,297,288
99$226,679,626$0$0$87,328,805
100$249,630,470$0$0$96,177,748