Can I retire at age 35 with 721,000?

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 $721,000?

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$59,540$59,009$58,492$57,987$57,494$55,653
2 years$29,475$28,926$28,394$27,878$27,378$25,541
3 years$19,455$18,903$18,373$17,862$17,370$15,593
4 years$14,446$13,896$13,371$12,868$12,388$10,686
5 years$11,441$10,895$10,376$9,884$9,417$7,794
6 years$9,439$8,896$8,386$7,904$7,452$5,909
7 years$8,009$7,471$6,968$6,499$6,060$4,598
8 years$6,937$6,404$5,910$5,452$5,027$3,644
9 years$6,104$5,576$5,090$4,644$4,234$2,928
10 years$5,438$4,915$4,438$4,003$3,607$2,378
11 years$4,893$4,375$3,907$3,484$3,103$1,946
12 years$4,439$3,927$3,467$3,056$2,689$1,603
13 years$4,056$3,549$3,098$2,698$2,345$1,327
14 years$3,727$3,226$2,783$2,395$2,055$1,104
15 years$3,443$2,947$2,513$2,136$1,810$920
16 years$3,194$2,704$2,278$1,912$1,599$770
17 years$2,975$2,490$2,073$1,718$1,418$645
18 years$2,781$2,301$1,893$1,548$1,261$542
19 years$2,607$2,133$1,733$1,399$1,124$456
20 years$2,450$1,982$1,590$1,267$1,004$384
21 years$2,309$1,846$1,463$1,150$898$324
22 years$2,181$1,723$1,348$1,046$805$273
23 years$2,064$1,611$1,245$952$723$231
24 years$1,957$1,510$1,151$869$650$195
25 years$1,859$1,417$1,066$793$585$165
26 years$1,768$1,332$989$725$527$140
27 years$1,685$1,253$918$664$475$118
28 years$1,607$1,181$854$608$428$100
29 years$1,535$1,114$794$558$387$85
30 years$1,468$1,052$740$512$350$72
31 years$1,405$995$690$470$316$61
32 years$1,346$941$644$432$286$52
33 years$1,291$891$601$397$259$44
34 years$1,240$845$561$366$234$37
35 years$1,191$801$525$337$212$31
36 years$1,145$760$491$310$192$27
37 years$1,102$722$460$286$174$23
38 years$1,061$686$430$263$158$19
39 years$1,022$653$403$243$143$16
40 years$986$621$378$224$130$14
41 years$951$591$354$207$118$12
42 years$918$563$332$191$107$10
43 years$887$536$312$176$97$8
44 years$857$511$293$162$88$7
45 years$828$488$275$150$80$6
46 years$801$465$258$139$73$5
47 years$775$444$243$128$66$4
48 years$750$424$228$118$60$4
49 years$727$405$214$109$54$3
50 years$704$387$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 $721,000, adding $6,172 every year, while hoping to spend $53,802 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: 44/46/10 Blend
34$721,000$721,000$721,000$721,000
35$800,908$762,695$751,520$833,595
36$825,356$742,823$719,451$837,047
37$850,494$720,173$684,504$834,822
38$876,337$694,553$646,527$831,197
39$902,896$665,759$605,359$826,062
40$930,186$633,576$560,833$819,303
41$958,218$597,774$512,774$810,796
42$987,003$558,112$460,999$800,413
43$1,016,552$514,335$405,317$788,016
44$1,046,875$466,172$345,530$773,458
45$1,077,980$413,338$281,429$756,584
46$1,109,874$355,531$212,797$737,231
47$1,142,563$292,433$139,406$715,222
48$1,176,049$223,707$61,021$690,374
49$1,210,334$148,997$0$662,490
50$1,245,418$67,928$0$633,777
51$1,281,296$0$0$608,704
52$1,317,963$0$0$590,620
53$1,355,408$0$0$607,250
54$1,393,618$0$0$624,204
55$1,432,574$0$0$641,469
56$1,472,252$0$0$659,034
57$1,512,625$0$0$676,883
58$1,553,657$0$0$694,997
59$1,595,306$0$0$713,354
60$1,637,524$0$0$731,929
61$1,680,253$0$0$750,692
62$1,723,424$0$0$769,608
63$1,766,960$0$0$788,637
64$1,810,771$0$0$807,734
65$1,854,753$0$0$826,847
66$1,898,789$0$0$845,916
67$1,942,745$0$0$864,874
68$1,986,467$0$0$883,644
69$2,029,785$0$0$902,142
70$2,072,503$0$0$920,271
71$2,114,402$0$0$937,920
72$2,155,235$0$0$954,969
73$2,194,727$0$0$971,281
74$2,232,565$0$0$986,702
75$2,268,404$0$0$1,001,061
76$2,301,854$0$0$1,014,166
77$2,332,480$0$0$1,025,805
78$2,359,800$0$0$1,035,739
79$2,383,273$0$0$1,043,703
80$2,402,297$0$0$1,049,403
81$2,416,203$0$0$1,052,510
82$2,424,248$0$0$1,052,660
83$2,425,603$0$0$1,049,449
84$2,419,349$0$0$1,042,426
85$2,404,468$0$0$1,031,095
86$2,379,826$0$0$1,014,901
87$2,344,170$0$0$993,232
88$2,296,106$0$0$965,410
89$2,234,095$0$0$930,682
90$2,156,427$0$0$888,216
91$2,061,213$0$0$837,091
92$1,946,359$0$0$776,286
93$1,809,549$0$0$704,675
94$1,648,222$0$0$621,009
95$1,459,543$0$0$523,910
96$1,240,380$0$0$411,853
97$987,269$0$0$283,152
98$696,383$0$0$135,947
99$363,491$0$0$0
100$0$0$0$0