Can I retire at age 35 with 718,000?

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 $718,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$59,292$58,764$58,248$57,745$57,254$55,422
2 years$29,352$28,806$28,276$27,762$27,264$25,434
3 years$19,374$18,825$18,296$17,788$17,297$15,528
4 years$14,386$13,838$13,315$12,815$12,337$10,642
5 years$11,393$10,849$10,333$9,843$9,378$7,762
6 years$9,399$8,859$8,351$7,872$7,421$5,885
7 years$7,975$7,440$6,939$6,472$6,035$4,579
8 years$6,908$6,377$5,885$5,429$5,007$3,629
9 years$6,078$5,553$5,069$4,624$4,216$2,916
10 years$5,415$4,894$4,419$3,986$3,592$2,368
11 years$4,872$4,357$3,891$3,469$3,090$1,938
12 years$4,421$3,911$3,453$3,043$2,677$1,597
13 years$4,039$3,534$3,085$2,686$2,335$1,322
14 years$3,712$3,213$2,772$2,385$2,047$1,099
15 years$3,429$2,935$2,503$2,127$1,802$917
16 years$3,181$2,693$2,269$1,904$1,593$767
17 years$2,963$2,480$2,065$1,711$1,412$643
18 years$2,769$2,291$1,885$1,542$1,256$540
19 years$2,596$2,124$1,725$1,393$1,119$454
20 years$2,440$1,973$1,583$1,262$1,000$383
21 years$2,300$1,838$1,456$1,145$895$323
22 years$2,172$1,716$1,342$1,041$802$272
23 years$2,056$1,605$1,239$948$720$230
24 years$1,949$1,504$1,146$865$647$194
25 years$1,851$1,411$1,062$790$582$164
26 years$1,761$1,326$985$722$524$139
27 years$1,678$1,248$914$661$473$118
28 years$1,600$1,176$850$606$427$100
29 years$1,528$1,109$791$555$385$84
30 years$1,462$1,048$737$510$348$71
31 years$1,399$990$687$468$315$61
32 years$1,341$937$641$430$285$51
33 years$1,286$888$598$396$258$43
34 years$1,234$841$559$364$233$37
35 years$1,186$798$523$335$211$31
36 years$1,140$757$489$309$191$26
37 years$1,097$719$458$284$173$22
38 years$1,057$684$429$262$157$19
39 years$1,018$650$402$242$143$16
40 years$982$618$376$223$129$14
41 years$947$589$353$206$117$12
42 years$914$561$331$190$106$10
43 years$883$534$311$175$97$8
44 years$853$509$292$162$88$7
45 years$825$486$274$149$80$6
46 years$798$463$257$138$72$5
47 years$772$442$242$128$66$4
48 years$747$422$227$118$60$4
49 years$724$403$213$109$54$3
50 years$701$385$201$101$49$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $718,000, adding $5,600 every year, while hoping to spend $25,616 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: 28/45/27 Blend
34$718,000$718,000$718,000$718,000
35$797,012$758,958$747,829$812,526
36$851,052$768,892$745,626$835,246
37$909,746$778,454$742,491$857,046
38$973,541$787,599$738,365$879,949
39$1,042,929$796,279$733,188$904,066
40$1,118,453$804,441$726,894$929,523
41$1,200,708$812,032$719,418$956,459
42$1,290,351$818,992$710,689$985,028
43$1,388,103$825,259$700,634$1,015,405
44$1,494,759$830,766$689,175$1,047,780
45$1,611,193$835,443$676,231$1,082,369
46$1,738,369$839,214$661,719$1,119,409
47$1,877,347$841,999$645,550$1,159,164
48$2,029,292$843,713$627,632$1,201,930
49$2,195,490$844,265$607,868$1,248,032
50$2,377,356$843,559$586,157$1,297,833
51$2,576,446$841,494$562,394$1,351,738
52$2,794,477$837,960$536,467$1,410,192
53$3,033,336$832,843$508,262$1,473,692
54$3,295,105$826,021$477,657$1,542,790
55$3,582,073$817,364$444,526$1,618,095
56$3,896,765$806,735$408,738$1,700,285
57$4,241,959$793,989$370,155$1,790,110
58$4,620,716$778,971$328,632$1,888,401
59$5,036,408$761,519$284,020$1,996,082
60$5,492,748$741,460$236,161$2,114,171
61$5,993,827$718,611$184,891$2,243,799
62$6,544,153$692,778$130,040$2,386,218
63$7,148,688$663,756$71,429$2,542,814
64$7,812,903$631,329$8,870$2,715,118
65$8,542,822$595,267$0$2,904,829
66$9,345,082$555,327$0$3,130,499
67$10,226,996$511,254$0$3,381,340
68$11,196,619$462,775$0$3,657,150
69$12,262,828$409,605$0$3,960,532
70$13,435,401$351,440$0$4,294,360
71$14,725,112$287,960$0$4,661,808
72$16,143,832$218,828$0$5,066,376
73$17,704,639$143,687$0$5,511,933
74$19,421,943$62,159$0$6,002,746
75$21,311,623$0$0$6,543,525
76$23,391,172$0$0$7,152,421
77$25,679,866$0$0$7,856,568
78$28,198,946$0$0$8,631,738
79$30,971,813$0$0$9,485,150
80$34,024,255$0$0$10,424,759
81$37,384,685$0$0$11,459,330
82$41,084,413$0$0$12,598,521
83$45,157,937$0$0$13,852,975
84$49,643,273$0$0$15,234,420
85$54,582,308$0$0$16,755,779
86$60,021,201$0$0$18,431,290
87$66,010,814$0$0$20,276,646
88$72,607,191$0$0$22,309,137
89$79,872,092$0$0$24,547,817
90$87,873,570$0$0$27,013,682
91$96,686,617$0$0$29,729,867
92$106,393,868$0$0$32,721,868
93$117,086,382$0$0$36,017,779
94$128,864,504$0$0$39,648,559
95$141,838,807$0$0$43,648,322
96$156,131,137$0$0$48,054,664
97$171,875,765$0$0$52,909,010
98$189,220,652$0$0$58,257,011
99$208,328,844$0$0$64,148,974
100$229,380,014$0$0$70,640,335