Can I retire at age 35 with 717,000?

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 $717,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$59,209$58,682$58,167$57,665$57,175$56,089
2 years$29,311$28,766$28,237$27,724$27,226$26,137
3 years$19,347$18,799$18,271$17,763$17,273$16,214
4 years$14,366$13,819$13,297$12,797$12,319$11,298
5 years$11,378$10,834$10,319$9,829$9,365$8,385
6 years$9,386$8,847$8,339$7,861$7,410$6,472
7 years$7,964$7,430$6,930$6,463$6,027$5,131
8 years$6,898$6,369$5,877$5,421$5,000$4,146
9 years$6,070$5,545$5,062$4,618$4,210$3,399
10 years$5,407$4,888$4,413$3,981$3,587$2,817
11 years$4,866$4,351$3,885$3,464$3,085$2,355
12 years$4,415$3,905$3,448$3,039$2,674$1,982
13 years$4,033$3,529$3,081$2,683$2,331$1,678
14 years$3,707$3,208$2,768$2,381$2,044$1,427
15 years$3,424$2,931$2,499$2,124$1,800$1,218
16 years$3,177$2,689$2,266$1,902$1,590$1,043
17 years$2,959$2,476$2,062$1,709$1,410$896
18 years$2,765$2,288$1,882$1,540$1,254$771
19 years$2,592$2,121$1,723$1,391$1,118$665
20 years$2,437$1,971$1,581$1,260$998$574
21 years$2,296$1,836$1,454$1,144$893$496
22 years$2,169$1,713$1,340$1,040$801$430
23 years$2,053$1,603$1,238$947$719$373
24 years$1,946$1,501$1,145$864$646$323
25 years$1,849$1,409$1,060$789$581$281
26 years$1,758$1,324$983$721$524$244
27 years$1,675$1,246$913$660$472$212
28 years$1,598$1,174$849$605$426$184
29 years$1,526$1,108$790$555$385$160
30 years$1,460$1,046$736$509$348$140
31 years$1,397$989$686$468$314$122
32 years$1,339$936$640$430$284$106
33 years$1,284$886$598$395$257$92
34 years$1,233$840$558$364$233$80
35 years$1,184$797$522$335$211$70
36 years$1,139$756$488$308$191$61
37 years$1,096$718$457$284$173$53
38 years$1,055$683$428$262$157$46
39 years$1,017$649$401$241$142$40
40 years$980$618$376$223$129$35
41 years$946$588$352$205$117$31
42 years$913$560$331$190$106$27
43 years$882$533$310$175$97$23
44 years$852$508$291$162$88$20
45 years$824$485$273$149$80$18
46 years$797$463$257$138$72$16
47 years$771$441$241$127$66$14
48 years$746$421$227$118$60$12
49 years$723$402$213$109$54$10
50 years$700$384$200$101$49$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $717,000, adding $2,818 every year, while hoping to spend $45,225 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: 87/6/7 Blend
34$717,000$717,000$717,000$717,000
35$793,041$755,040$743,926$861,388
36$825,812$743,918$720,729$895,227
37$860,410$730,735$695,238$925,866
38$896,973$715,343$667,331$958,080
39$935,654$697,583$636,875$991,995
40$976,616$677,290$603,736$1,027,748
41$1,020,040$654,287$567,770$1,065,493
42$1,066,124$628,386$528,830$1,105,394
43$1,115,082$599,391$486,760$1,147,635
44$1,167,151$567,092$441,397$1,192,418
45$1,222,588$531,267$392,571$1,239,963
46$1,281,676$491,683$340,106$1,290,515
47$1,344,724$448,093$283,817$1,344,340
48$1,412,071$400,235$223,510$1,401,734
49$1,484,088$347,832$158,984$1,463,020
50$1,561,183$290,593$90,027$1,528,556
51$1,643,801$228,210$16,421$1,598,734
52$1,732,433$160,356$0$1,673,987
53$1,827,615$86,688$0$1,759,431
54$1,929,938$6,842$0$1,852,563
55$2,040,049$0$0$1,952,750
56$2,158,659$0$0$2,065,901
57$2,286,549$0$0$2,188,398
58$2,424,577$0$0$2,320,611
59$2,573,684$0$0$2,463,442
60$2,734,907$0$0$2,617,885
61$2,909,384$0$0$2,785,032
62$3,098,366$0$0$2,966,081
63$3,303,230$0$0$3,162,352
64$3,525,488$0$0$3,375,295
65$3,766,804$0$0$3,606,505
66$4,029,008$0$0$3,857,737
67$4,314,114$0$0$4,130,921
68$4,624,336$0$0$4,428,180
69$4,962,112$0$0$4,751,850
70$5,330,123$0$0$5,104,503
71$5,731,320$0$0$5,488,967
72$6,168,951$0$0$5,908,357
73$6,646,592$0$0$6,366,098
74$7,168,176$0$0$6,865,965
75$7,738,036$0$0$7,412,110
76$8,360,942$0$0$8,009,105
77$9,042,143$0$0$8,661,983
78$9,787,420$0$0$9,376,287
79$10,603,140$0$0$10,158,120
80$11,496,311$0$0$11,014,202
81$12,474,653$0$0$11,951,933
82$13,546,666$0$0$12,979,462
83$14,721,711$0$0$14,105,764
84$16,010,099$0$0$15,340,725
85$17,423,187$0$0$16,695,231
86$18,973,481$0$0$18,181,275
87$20,674,759$0$0$19,812,063
88$22,542,196$0$0$21,602,145
89$24,592,507$0$0$23,567,547
90$26,844,107$0$0$25,725,922
91$29,317,280$0$0$28,096,718
92$32,034,371$0$0$30,701,358
93$35,019,997$0$0$33,563,442
94$38,301,279$0$0$36,708,971
95$41,908,091$0$0$40,166,589
96$45,873,352$0$0$43,967,853
97$50,233,324$0$0$48,147,531
98$55,027,961$0$0$52,743,926
99$60,301,283$0$0$57,799,243
100$66,101,788$0$0$63,359,978