Can I retire at age 35 with 719,000?

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 $719,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$59,374$58,845$58,329$57,826$57,334$56,665
2 years$29,393$28,846$28,315$27,801$27,302$26,628
3 years$19,401$18,851$18,322$17,812$17,321$16,664
4 years$14,406$13,858$13,334$12,833$12,354$11,718
5 years$11,409$10,864$10,347$9,857$9,391$8,779
6 years$9,412$8,872$8,362$7,883$7,431$6,843
7 years$7,987$7,450$6,949$6,481$6,043$5,480
8 years$6,918$6,386$5,893$5,436$5,014$4,474
9 years$6,087$5,560$5,076$4,631$4,222$3,707
10 years$5,422$4,901$4,425$3,992$3,597$3,106
11 years$4,879$4,363$3,896$3,474$3,094$2,626
12 years$4,427$3,916$3,458$3,047$2,681$2,236
13 years$4,044$3,539$3,089$2,690$2,338$1,916
14 years$3,717$3,217$2,776$2,388$2,049$1,649
15 years$3,433$2,939$2,506$2,130$1,805$1,425
16 years$3,185$2,696$2,272$1,907$1,595$1,236
17 years$2,967$2,483$2,067$1,713$1,414$1,075
18 years$2,773$2,295$1,887$1,544$1,257$937
19 years$2,600$2,127$1,728$1,395$1,121$819
20 years$2,444$1,976$1,586$1,264$1,001$717
21 years$2,303$1,841$1,459$1,147$896$628
22 years$2,175$1,718$1,344$1,043$803$552
23 years$2,058$1,607$1,241$950$721$485
24 years$1,952$1,506$1,148$866$648$426
25 years$1,854$1,413$1,063$791$583$376
26 years$1,763$1,328$986$723$525$331
27 years$1,680$1,250$916$662$473$292
28 years$1,602$1,178$851$607$427$258
29 years$1,531$1,111$792$556$386$227
30 years$1,464$1,049$738$510$349$201
31 years$1,401$992$688$469$315$178
32 years$1,342$939$642$431$285$157
33 years$1,288$889$599$396$258$139
34 years$1,236$842$560$365$234$123
35 years$1,188$799$523$336$212$109
36 years$1,142$758$490$309$192$96
37 years$1,099$720$458$285$174$85
38 years$1,058$684$429$262$157$75
39 years$1,020$651$402$242$143$67
40 years$983$619$377$223$130$59
41 years$948$589$353$206$118$52
42 years$915$561$332$190$107$46
43 years$884$535$311$175$97$41
44 years$854$510$292$162$88$36
45 years$826$486$274$150$80$32
46 years$799$464$258$138$72$29
47 years$773$443$242$128$66$25
48 years$748$423$227$118$60$22
49 years$725$404$214$109$54$20
50 years$702$385$201$101$49$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $719,000, adding $3,772 every year, while hoping to spend $53,307 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: 39/43/18 Blend
34$719,000$719,000$719,000$719,000
35$796,229$758,122$746,977$822,869
36$820,726$738,552$715,283$822,727
37$845,935$716,236$680,740$817,189
38$871,873$690,984$643,197$810,085
39$898,555$662,593$602,495$801,302
40$925,998$630,850$558,469$790,720
41$954,218$595,530$510,946$778,210
42$983,229$556,393$459,744$763,640
43$1,013,048$513,185$404,675$746,865
44$1,043,689$465,641$345,541$727,736
45$1,075,165$413,477$282,137$706,092
46$1,107,490$356,396$214,247$681,766
47$1,140,676$294,081$141,646$654,577
48$1,174,734$226,200$64,100$624,337
49$1,209,673$152,400$0$590,847
50$1,245,503$72,311$0$557,477
51$1,282,229$0$0$533,792
52$1,319,856$0$0$514,126
53$1,358,386$0$0$529,012
54$1,397,820$0$0$544,234
55$1,438,153$0$0$559,788
56$1,479,380$0$0$575,670
57$1,521,490$0$0$591,874
58$1,564,468$0$0$608,391
59$1,608,296$0$0$625,211
60$1,652,948$0$0$642,323
61$1,698,393$0$0$659,710
62$1,744,594$0$0$677,354
63$1,791,506$0$0$695,234
64$1,839,076$0$0$713,325
65$1,887,240$0$0$731,597
66$1,935,925$0$0$750,016
67$1,985,045$0$0$768,544
68$2,034,504$0$0$787,136
69$2,084,187$0$0$805,740
70$2,133,965$0$0$824,299
71$2,183,693$0$0$842,747
72$2,233,203$0$0$861,008
73$2,282,306$0$0$879,001
74$2,330,789$0$0$896,628
75$2,378,412$0$0$913,785
76$2,424,903$0$0$930,351
77$2,469,960$0$0$946,193
78$2,513,240$0$0$961,161
79$2,554,362$0$0$975,086
80$2,592,899$0$0$987,782
81$2,628,373$0$0$999,041
82$2,660,252$0$0$1,008,629
83$2,687,942$0$0$1,016,286
84$2,710,781$0$0$1,021,726
85$2,728,033$0$0$1,024,626
86$2,738,878$0$0$1,024,630
87$2,742,406$0$0$1,021,343
88$2,737,605$0$0$1,014,325
89$2,723,352$0$0$1,003,089
90$2,698,399$0$0$987,093
91$2,661,366$0$0$965,739
92$2,610,719$0$0$938,363
93$2,544,759$0$0$904,229
94$2,461,605$0$0$862,524
95$2,359,174$0$0$812,345
96$2,235,160$0$0$752,696
97$2,087,009$0$0$682,474
98$1,911,899$0$0$600,459
99$1,706,706$0$0$505,302
100$1,467,977$0$0$395,513