Can I retire at age 35 with 720,000?

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 $720,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$59,457$58,927$58,411$57,906$57,414$56,439
2 years$29,434$28,886$28,355$27,840$27,340$26,361
3 years$19,428$18,877$18,347$17,837$17,346$16,393
4 years$14,426$13,877$13,352$12,851$12,371$11,452
5 years$11,425$10,880$10,362$9,870$9,404$8,521
6 years$9,425$8,884$8,374$7,894$7,441$6,596
7 years$7,998$7,461$6,959$6,490$6,052$5,244
8 years$6,927$6,395$5,902$5,444$5,020$4,250
9 years$6,095$5,568$5,083$4,637$4,228$3,494
10 years$5,430$4,908$4,431$3,997$3,602$2,905
11 years$4,886$4,369$3,901$3,479$3,098$2,436
12 years$4,433$3,922$3,462$3,051$2,685$2,057
13 years$4,050$3,544$3,093$2,694$2,341$1,747
14 years$3,722$3,221$2,779$2,391$2,052$1,491
15 years$3,438$2,943$2,509$2,133$1,807$1,277
16 years$3,190$2,700$2,275$1,910$1,597$1,097
17 years$2,971$2,487$2,070$1,716$1,416$946
18 years$2,777$2,298$1,890$1,546$1,259$817
19 years$2,603$2,130$1,730$1,397$1,122$707
20 years$2,447$1,979$1,588$1,265$1,002$613
21 years$2,306$1,843$1,461$1,148$897$532
22 years$2,178$1,721$1,346$1,044$804$462
23 years$2,061$1,609$1,243$951$722$402
24 years$1,954$1,508$1,149$867$649$350
25 years$1,856$1,415$1,065$792$584$306
26 years$1,766$1,330$987$724$526$266
27 years$1,682$1,252$917$663$474$233
28 years$1,605$1,179$852$607$428$203
29 years$1,533$1,113$793$557$386$177
30 years$1,466$1,051$739$511$349$155
31 years$1,403$993$689$469$316$136
32 years$1,344$940$643$431$285$119
33 years$1,289$890$600$397$258$104
34 years$1,238$844$561$365$234$91
35 years$1,189$800$524$336$212$79
36 years$1,144$759$490$309$192$70
37 years$1,100$721$459$285$174$61
38 years$1,060$685$430$263$158$53
39 years$1,021$652$403$242$143$47
40 years$984$620$377$224$130$41
41 years$950$590$354$206$118$36
42 years$917$562$332$190$107$31
43 years$885$536$312$176$97$27
44 years$855$511$292$162$88$24
45 years$827$487$275$150$80$21
46 years$800$464$258$138$73$18
47 years$774$443$242$128$66$16
48 years$749$423$228$118$60$14
49 years$726$404$214$109$54$12
50 years$703$386$201$101$49$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $720,000, adding $5,317 every year, while hoping to spend $34,164 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: 57/20/23 Blend
34$720,000$720,000$720,000$720,000
35$798,924$760,764$749,604$839,215
36$844,065$761,692$738,366$868,257
37$892,664$761,519$725,606$895,801
38$945,039$760,157$711,237$925,088
39$1,001,539$757,510$695,169$956,295
40$1,062,544$753,477$677,306$989,618
41$1,128,476$747,950$657,548$1,025,274
42$1,199,796$740,815$635,791$1,063,506
43$1,277,011$731,951$611,926$1,104,579
44$1,360,680$721,230$585,839$1,148,792
45$1,451,415$708,516$557,411$1,196,473
46$1,549,891$693,665$526,516$1,247,985
47$1,656,851$676,526$493,025$1,303,732
48$1,773,110$656,936$456,802$1,364,160
49$1,899,566$634,725$417,704$1,429,764
50$2,037,208$609,711$375,582$1,501,092
51$2,187,120$581,705$330,282$1,578,748
52$2,350,501$550,503$281,641$1,663,403
53$2,528,666$515,891$229,490$1,755,800
54$2,723,064$477,644$173,651$1,856,758
55$2,935,289$435,521$113,941$1,967,186
56$3,167,097$389,270$50,167$2,088,087
57$3,420,420$338,624$0$2,220,571
58$3,697,386$283,299$0$2,370,257
59$4,000,337$222,999$0$2,547,535
60$4,331,853$157,407$0$2,741,633
61$4,694,772$86,191$0$2,954,266
62$5,092,224$8,998$0$3,187,323
63$5,527,650$0$0$3,442,890
64$6,004,845$0$0$3,739,671
65$6,527,985$0$0$4,067,261
66$7,101,671$0$0$4,426,570
67$7,730,969$0$0$4,820,778
68$8,421,461$0$0$5,253,389
69$9,179,294$0$0$5,728,266
70$10,011,240$0$0$6,249,659
71$10,924,757$0$0$6,822,254
72$11,928,063$0$0$7,451,210
73$13,030,208$0$0$8,142,211
74$14,241,166$0$0$8,901,520
75$15,571,920$0$0$9,736,036
76$17,034,572$0$0$10,653,360
77$18,642,457$0$0$11,661,864
78$20,410,262$0$0$12,770,775
79$22,354,170$0$0$13,990,255
80$24,492,013$0$0$15,331,503
81$26,843,433$0$0$16,806,858
82$29,430,075$0$0$18,429,912
83$32,275,786$0$0$20,215,643
84$35,406,840$0$0$22,180,555
85$38,852,188$0$0$24,342,829
86$42,643,728$0$0$26,722,500
87$46,816,606$0$0$29,341,645
88$51,409,549$0$0$32,224,585
89$56,465,228$0$0$35,398,124
90$62,030,662$0$0$38,891,792
91$68,157,658$0$0$42,738,131
92$74,903,304$0$0$46,972,996
93$82,330,503$0$0$51,635,899
94$90,508,568$0$0$56,770,375
95$99,513,878$0$0$62,424,397
96$109,430,592$0$0$68,650,828
97$120,351,450$0$0$75,507,918
98$132,378,641$0$0$83,059,854
99$145,624,773$0$0$91,377,367
100$160,213,932$0$0$100,538,397