Can I retire at age 35 with 716,000?

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 $716,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$59,127$58,600$58,086$57,585$57,095$55,201
2 years$29,271$28,725$28,197$27,685$27,188$25,298
3 years$19,320$18,772$18,245$17,738$17,249$15,423
4 years$14,346$13,800$13,278$12,779$12,302$10,554
5 years$11,362$10,819$10,304$9,816$9,352$7,685
6 years$9,373$8,835$8,327$7,850$7,400$5,817
7 years$7,953$7,419$6,920$6,454$6,018$4,518
8 years$6,889$6,360$5,869$5,414$4,993$3,575
9 years$6,061$5,537$5,055$4,611$4,204$2,868
10 years$5,400$4,881$4,407$3,975$3,582$2,324
11 years$4,859$4,345$3,880$3,459$3,081$1,898
12 years$4,408$3,900$3,443$3,034$2,670$1,561
13 years$4,028$3,524$3,076$2,679$2,328$1,290
14 years$3,701$3,204$2,764$2,378$2,041$1,070
15 years$3,419$2,927$2,496$2,121$1,797$891
16 years$3,172$2,685$2,263$1,899$1,588$743
17 years$2,955$2,473$2,059$1,706$1,408$622
18 years$2,761$2,285$1,879$1,538$1,252$521
19 years$2,589$2,118$1,721$1,389$1,116$437
20 years$2,433$1,968$1,579$1,258$997$368
21 years$2,293$1,833$1,452$1,142$892$309
22 years$2,166$1,711$1,339$1,038$800$260
23 years$2,050$1,600$1,236$946$718$219
24 years$1,944$1,499$1,143$862$645$185
25 years$1,846$1,407$1,059$788$581$156
26 years$1,756$1,322$982$720$523$132
27 years$1,673$1,245$912$659$471$111
28 years$1,596$1,173$848$604$425$94
29 years$1,524$1,106$789$554$384$79
30 years$1,457$1,045$735$508$347$67
31 years$1,395$988$685$467$314$57
32 years$1,337$935$639$429$284$48
33 years$1,282$885$597$395$257$40
34 years$1,231$839$558$363$233$34
35 years$1,183$796$521$334$211$29
36 years$1,137$755$488$308$191$24
37 years$1,094$717$456$284$173$21
38 years$1,054$682$427$261$157$18
39 years$1,015$648$400$241$142$15
40 years$979$617$375$222$129$13
41 years$944$587$352$205$117$11
42 years$912$559$330$189$106$9
43 years$880$533$310$175$96$8
44 years$851$508$291$161$87$6
45 years$822$484$273$149$79$5
46 years$795$462$256$138$72$5
47 years$770$441$241$127$65$4
48 years$745$421$226$117$59$3
49 years$722$402$213$109$54$3
50 years$699$384$200$100$49$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $716,000, adding $6,689 every year, while hoping to spend $27,919 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: 43/44/13 Blend
34$716,000$716,000$716,000$716,000
35$795,932$757,984$746,886$826,882
36$847,411$765,419$742,201$856,632
37$903,206$772,284$736,423$885,528
38$963,726$778,519$729,487$916,220
39$1,029,424$784,064$721,322$948,884
40$1,100,796$788,854$711,858$983,715
41$1,178,389$792,820$701,017$1,020,931
42$1,262,804$795,887$688,719$1,060,771
43$1,354,701$797,977$674,883$1,103,502
44$1,454,810$799,007$659,421$1,149,419
45$1,563,931$798,888$642,242$1,198,848
46$1,682,945$797,527$623,250$1,252,150
47$1,812,822$794,823$602,346$1,309,726
48$1,954,631$790,670$579,425$1,372,019
49$2,109,546$784,956$554,379$1,439,519
50$2,278,863$777,561$527,093$1,512,770
51$2,464,005$768,360$497,449$1,592,373
52$2,666,542$757,218$465,322$1,678,992
53$2,888,200$743,993$430,582$1,773,363
54$3,130,883$728,535$393,092$1,876,299
55$3,396,684$710,684$352,712$1,988,701
56$3,687,909$690,271$309,291$2,111,563
57$4,007,100$667,118$262,677$2,245,987
58$4,357,053$641,036$212,705$2,393,189
59$4,740,851$611,825$159,209$2,554,514
60$5,161,886$579,273$102,011$2,731,449
61$5,623,897$543,156$40,927$2,925,638
62$6,131,001$503,237$0$3,138,897
63$6,687,734$459,267$0$3,376,597
64$7,299,092$410,980$0$3,643,868
65$7,970,579$358,097$0$3,937,506
66$8,708,257$300,323$0$4,260,248
67$9,518,806$237,346$0$4,615,113
68$10,409,583$168,835$0$5,005,437
69$11,388,696$94,443$0$5,434,900
70$12,465,073$13,801$0$5,907,563
71$13,648,556$0$0$6,427,910
72$14,949,983$0$0$7,036,464
73$16,381,297$0$0$7,713,203
74$17,955,658$0$0$8,457,679
75$19,687,563$0$0$9,276,760
76$21,592,985$0$0$10,178,013
77$23,689,526$0$0$11,169,777
78$25,996,576$0$0$12,261,240
79$28,535,503$0$0$13,462,525
80$31,329,850$0$0$14,784,786
81$34,405,558$0$0$16,240,314
82$37,791,209$0$0$17,842,651
83$41,518,300$0$0$19,606,720
84$45,621,535$0$0$21,548,964
85$50,139,153$0$0$23,687,501
86$55,113,291$0$0$26,042,295
87$60,590,380$0$0$28,635,347
88$66,621,581$0$0$31,490,898
89$73,263,270$0$0$34,635,659
90$80,577,570$0$0$38,099,066
91$88,632,933$0$0$41,913,553
92$97,504,793$0$0$46,114,861
93$107,276,267$0$0$50,742,376
94$118,038,951$0$0$55,839,497
95$129,893,774$0$0$61,454,049
96$142,951,957$0$0$67,638,731
97$157,336,059$0$0$74,451,616
98$173,181,134$0$0$81,956,699
99$190,636,005$0$0$90,224,496
100$209,864,671$0$0$99,332,718