Can I retire at age 35 with 713,000?

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 $713,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$58,879$58,354$57,843$57,343$56,856$56,262
2 years$29,148$28,605$28,079$27,569$27,074$26,476
3 years$19,239$18,694$18,169$17,664$17,177$16,593
4 years$14,285$13,742$13,222$12,726$12,251$11,686
5 years$11,314$10,774$10,261$9,775$9,313$8,769
6 years$9,334$8,798$8,292$7,817$7,369$6,846
7 years$7,920$7,388$6,891$6,427$5,993$5,491
8 years$6,860$6,333$5,844$5,391$4,972$4,492
9 years$6,036$5,514$5,034$4,592$4,187$3,728
10 years$5,377$4,860$4,388$3,958$3,567$3,129
11 years$4,839$4,327$3,863$3,445$3,068$2,651
12 years$4,390$3,884$3,429$3,022$2,659$2,261
13 years$4,011$3,510$3,063$2,668$2,318$1,941
14 years$3,686$3,190$2,752$2,368$2,032$1,674
15 years$3,405$2,914$2,485$2,112$1,789$1,450
16 years$3,159$2,674$2,253$1,891$1,582$1,260
17 years$2,942$2,462$2,050$1,699$1,402$1,098
18 years$2,750$2,275$1,872$1,531$1,247$959
19 years$2,578$2,109$1,713$1,384$1,111$840
20 years$2,423$1,960$1,572$1,253$993$737
21 years$2,284$1,825$1,446$1,137$888$647
22 years$2,157$1,704$1,333$1,034$796$570
23 years$2,041$1,594$1,231$942$715$502
24 years$1,935$1,493$1,138$859$642$443
25 years$1,838$1,401$1,054$784$578$391
26 years$1,749$1,317$978$717$521$345
27 years$1,666$1,239$908$656$469$305
28 years$1,589$1,168$844$601$424$270
29 years$1,518$1,102$785$552$383$239
30 years$1,451$1,040$732$506$346$212
31 years$1,389$984$682$465$312$187
32 years$1,331$931$636$427$283$166
33 years$1,277$881$594$393$256$147
34 years$1,226$835$555$361$232$131
35 years$1,178$792$519$333$210$116
36 years$1,132$752$486$306$190$103
37 years$1,090$714$454$282$172$91
38 years$1,049$679$426$260$156$81
39 years$1,011$645$399$240$142$72
40 years$975$614$374$221$128$64
41 years$940$585$350$204$117$57
42 years$908$557$329$188$106$50
43 years$877$530$308$174$96$45
44 years$847$506$290$161$87$40
45 years$819$482$272$148$79$35
46 years$792$460$255$137$72$31
47 years$766$439$240$127$65$28
48 years$742$419$225$117$59$25
49 years$719$400$212$108$54$22
50 years$696$382$199$100$49$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $713,000, adding $2,032 every year, while hoping to spend $34,090 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: 62/32/6 Blend
34$713,000$713,000$713,000$713,000
35$787,822$750,033$738,982$835,697
36$831,908$750,513$727,466$868,371
37$879,349$749,874$714,422$899,853
38$930,450$748,025$699,762$933,333
39$985,548$744,870$683,396$969,003
40$1,045,011$740,307$665,228$1,007,074
41$1,109,247$734,226$645,157$1,047,781
42$1,178,700$726,513$623,080$1,091,384
43$1,253,861$717,047$598,887$1,138,171
44$1,335,269$705,696$572,464$1,188,458
45$1,423,517$692,325$543,692$1,242,598
46$1,519,255$676,789$512,445$1,300,980
47$1,623,201$658,933$478,594$1,364,033
48$1,736,142$638,595$442,001$1,432,233
49$1,858,945$615,603$402,525$1,506,105
50$1,992,564$589,775$360,016$1,586,231
51$2,138,049$560,917$314,320$1,673,254
52$2,296,554$528,825$265,273$1,767,885
53$2,469,349$493,285$212,707$1,870,907
54$2,657,834$454,067$156,444$1,983,191
55$2,863,548$410,931$96,300$2,105,695
56$3,088,185$363,622$32,081$2,239,480
57$3,333,610$311,869$0$2,385,716
58$3,601,877$255,390$0$2,548,034
59$3,895,247$193,883$0$2,727,872
60$4,216,209$127,030$0$2,924,769
61$4,567,504$54,496$0$3,140,485
62$4,952,151$0$0$3,376,964
63$5,373,472$0$0$3,644,827
64$5,835,128$0$0$3,959,413
65$6,341,151$0$0$4,304,285
66$6,895,979$0$0$4,682,476
67$7,504,502$0$0$5,097,326
68$8,172,107$0$0$5,552,514
69$8,904,725$0$0$6,052,092
70$9,708,891$0$0$6,600,523
71$10,591,801$0$0$7,202,724
72$11,561,386$0$0$7,864,111
73$12,626,379$0$0$8,590,651
74$13,796,401$0$0$9,388,917
75$15,082,053$0$0$10,266,150
76$16,495,012$0$0$11,230,327
77$18,048,142$0$0$12,290,236
78$19,755,616$0$0$13,455,560
79$21,633,050$0$0$14,736,966
80$23,697,646$0$0$16,146,208
81$25,968,359$0$0$17,696,233
82$28,466,071$0$0$19,401,309
83$31,213,792$0$0$21,277,154
84$34,236,872$0$0$23,341,088
85$37,563,243$0$0$25,612,194
86$41,223,681$0$0$28,111,498
87$45,252,098$0$0$30,862,167
88$49,685,856$0$0$33,889,728
89$54,566,126$0$0$37,222,308
90$59,938,272$0$0$40,890,900
91$65,852,277$0$0$44,929,654
92$72,363,222$0$0$49,376,199
93$79,531,793$0$0$54,271,998
94$87,424,866$0$0$59,662,741
95$96,116,129$0$0$65,598,773
96$105,686,779$0$0$72,135,568
97$116,226,290$0$0$79,334,256
98$127,833,253$0$0$87,262,198
99$140,616,312$0$0$95,993,619
100$154,695,180$0$0$105,610,312