Can I retire at age 35 with 707,000?

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 $707,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$58,383$57,863$57,356$56,861$56,377$54,140
2 years$28,903$28,364$27,843$27,337$26,846$24,620
3 years$19,077$18,536$18,016$17,515$17,032$14,888
4 years$14,165$13,626$13,111$12,619$12,148$10,100
5 years$11,219$10,683$10,175$9,692$9,234$7,290
6 years$9,255$8,724$8,223$7,751$7,307$5,466
7 years$7,853$7,326$6,833$6,373$5,942$4,205
8 years$6,802$6,280$5,795$5,346$4,930$3,294
9 years$5,985$5,468$4,991$4,553$4,152$2,614
10 years$5,332$4,819$4,351$3,925$3,537$2,096
11 years$4,798$4,291$3,831$3,416$3,042$1,693
12 years$4,353$3,851$3,400$2,996$2,636$1,376
13 years$3,977$3,480$3,038$2,645$2,299$1,124
14 years$3,655$3,163$2,729$2,348$2,015$922
15 years$3,376$2,890$2,464$2,094$1,774$758
16 years$3,132$2,651$2,234$1,875$1,568$625
17 years$2,917$2,442$2,033$1,685$1,390$516
18 years$2,727$2,256$1,856$1,518$1,236$427
19 years$2,556$2,091$1,699$1,372$1,102$354
20 years$2,403$1,943$1,559$1,243$984$294
21 years$2,264$1,810$1,434$1,128$881$244
22 years$2,139$1,690$1,322$1,025$790$203
23 years$2,024$1,580$1,220$934$709$168
24 years$1,919$1,481$1,129$852$637$140
25 years$1,823$1,389$1,045$778$573$117
26 years$1,734$1,306$970$711$516$97
27 years$1,652$1,229$900$651$466$81
28 years$1,576$1,158$837$596$420$67
29 years$1,505$1,092$779$547$379$56
30 years$1,439$1,032$725$502$343$47
31 years$1,378$975$676$461$310$39
32 years$1,320$923$631$424$280$32
33 years$1,266$874$589$390$254$27
34 years$1,215$828$551$358$230$23
35 years$1,168$786$515$330$208$19
36 years$1,123$746$481$304$188$16
37 years$1,080$708$451$280$171$13
38 years$1,040$673$422$258$155$11
39 years$1,003$640$395$238$140$9
40 years$967$609$371$219$127$8
41 years$932$580$348$203$116$6
42 years$900$552$326$187$105$5
43 years$869$526$306$173$95$4
44 years$840$501$287$159$86$4
45 years$812$478$270$147$78$3
46 years$785$456$253$136$71$3
47 years$760$435$238$126$65$2
48 years$736$415$224$116$59$2
49 years$713$397$210$107$53$1
50 years$690$379$198$99$48$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $707,000, adding $5,797 every year, while hoping to spend $54,098 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: 40/33/27 Blend
34$707,000$707,000$707,000$707,000
35$785,094$747,623$736,664$810,041
36$807,613$726,696$703,783$807,743
37$830,617$702,931$667,986$799,787
38$854,097$676,132$629,121$790,138
39$878,042$646,090$587,024$778,674
40$902,440$612,586$541,527$765,266
41$927,274$575,388$492,453$749,778
42$952,524$534,249$439,618$732,064
43$978,165$488,912$382,829$711,969
44$1,004,169$439,099$321,885$689,331
45$1,030,501$384,522$256,575$663,974
46$1,057,123$324,874$186,681$635,715
47$1,083,987$259,831$111,973$604,358
48$1,111,042$189,051$32,211$569,692
49$1,138,225$112,171$0$531,498
50$1,165,468$28,811$0$504,783
51$1,192,690$0$0$484,946
52$1,219,802$0$0$484,820
53$1,246,701$0$0$495,012
54$1,273,272$0$0$505,007
55$1,299,384$0$0$514,745
56$1,324,892$0$0$524,161
57$1,349,629$0$0$533,180
58$1,373,413$0$0$541,719
59$1,396,035$0$0$549,685
60$1,417,264$0$0$556,974
61$1,436,843$0$0$563,470
62$1,454,481$0$0$569,043
63$1,469,857$0$0$573,550
64$1,482,613$0$0$576,830
65$1,492,349$0$0$578,706
66$1,498,621$0$0$578,978
67$1,500,935$0$0$577,428
68$1,498,744$0$0$573,810
69$1,491,437$0$0$567,854
70$1,478,339$0$0$559,259
71$1,458,701$0$0$547,692
72$1,431,691$0$0$532,784
73$1,396,389$0$0$514,126
74$1,351,774$0$0$491,265
75$1,296,716$0$0$463,701
76$1,229,964$0$0$430,878
77$1,150,135$0$0$392,184
78$1,055,697$0$0$346,940
79$944,956$0$0$294,395
80$816,039$0$0$233,721
81$666,876$0$0$164,001
82$495,177$0$0$84,223
83$298,414$0$0$0
84$73,792$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