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%15.8%
1 years$59,540$59,009$58,492$57,987$57,494$56,126
2 years$29,475$28,926$28,394$27,878$27,378$26,009
3 years$19,455$18,903$18,373$17,862$17,370$16,041
4 years$14,446$13,896$13,371$12,868$12,388$11,110
5 years$11,441$10,895$10,376$9,884$9,417$8,194
6 years$9,439$8,896$8,386$7,904$7,452$6,284
7 years$8,009$7,471$6,968$6,499$6,060$4,948
8 years$6,937$6,404$5,910$5,452$5,027$3,970
9 years$6,104$5,576$5,090$4,644$4,234$3,231
10 years$5,438$4,915$4,438$4,003$3,607$2,658
11 years$4,893$4,375$3,907$3,484$3,103$2,205
12 years$4,439$3,927$3,467$3,056$2,689$1,842
13 years$4,056$3,549$3,098$2,698$2,345$1,547
14 years$3,727$3,226$2,783$2,395$2,055$1,305
15 years$3,443$2,947$2,513$2,136$1,810$1,105
16 years$3,194$2,704$2,278$1,912$1,599$938
17 years$2,975$2,490$2,073$1,718$1,418$798
18 years$2,781$2,301$1,893$1,548$1,261$681
19 years$2,607$2,133$1,733$1,399$1,124$582
20 years$2,450$1,982$1,590$1,267$1,004$498
21 years$2,309$1,846$1,463$1,150$898$427
22 years$2,181$1,723$1,348$1,046$805$366
23 years$2,064$1,611$1,245$952$723$315
24 years$1,957$1,510$1,151$869$650$270
25 years$1,859$1,417$1,066$793$585$232
26 years$1,768$1,332$989$725$527$200
27 years$1,685$1,253$918$664$475$172
28 years$1,607$1,181$854$608$428$148
29 years$1,535$1,114$794$558$387$128
30 years$1,468$1,052$740$512$350$110
31 years$1,405$995$690$470$316$95
32 years$1,346$941$644$432$286$82
33 years$1,291$891$601$397$259$71
34 years$1,240$845$561$366$234$61
35 years$1,191$801$525$337$212$53
36 years$1,145$760$491$310$192$45
37 years$1,102$722$460$286$174$39
38 years$1,061$686$430$263$158$34
39 years$1,022$653$403$243$143$29
40 years$986$621$378$224$130$25
41 years$951$591$354$207$118$22
42 years$918$563$332$191$107$19
43 years$887$536$312$176$97$16
44 years$857$511$293$162$88$14
45 years$828$488$275$150$80$12
46 years$801$465$258$139$73$10
47 years$775$444$243$128$66$9
48 years$750$424$228$118$60$8
49 years$727$405$214$109$54$7
50 years$704$387$201$101$49$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $721,000, adding $2,122 every year, while hoping to spend $34,772 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: 62/30/8 Blend
34$721,000$721,000$721,000$721,000
35$796,731$758,518$747,342$844,678
36$841,000$758,688$735,381$877,148
37$888,620$757,701$721,854$908,349
38$939,894$755,464$706,671$941,519
39$995,159$751,877$689,740$976,849
40$1,054,781$746,835$670,963$1,014,550
41$1,119,166$740,227$650,237$1,054,853
42$1,188,757$731,934$627,456$1,098,017
43$1,264,042$721,831$602,508$1,144,326
44$1,345,559$709,786$575,276$1,194,096
45$1,433,897$695,656$545,639$1,247,675
46$1,529,704$679,293$513,468$1,305,450
47$1,633,695$660,539$478,630$1,367,846
48$1,746,654$639,227$440,986$1,435,337
49$1,869,443$615,180$400,390$1,508,444
50$2,003,013$588,211$356,689$1,587,744
51$2,148,408$558,121$309,726$1,673,877
52$2,306,778$524,701$259,334$1,767,547
53$2,479,387$487,729$205,339$1,869,535
54$2,667,627$446,970$147,561$1,980,704
55$2,873,032$402,178$85,811$2,102,007
56$3,097,287$353,091$19,891$2,234,499
57$3,342,249$299,431$0$2,379,342
58$3,609,961$240,906$0$2,542,132
59$3,902,675$177,208$0$2,722,076
60$4,222,867$108,011$0$2,919,062
61$4,573,266$32,970$0$3,134,848
62$4,956,874$0$0$3,371,371
63$5,377,001$0$0$3,646,707
64$5,837,288$0$0$3,960,341
65$6,341,747$0$0$4,304,128
66$6,894,796$0$0$4,681,085
67$7,501,301$0$0$5,094,538
68$8,166,621$0$0$5,548,146
69$8,896,661$0$0$6,045,942
70$9,697,921$0$0$6,592,368
71$10,577,564$0$0$7,192,315
72$11,543,480$0$0$7,851,175
73$12,604,360$0$0$8,574,883
74$13,769,779$0$0$9,369,981
75$15,050,283$0$0$10,243,673
76$16,457,492$0$0$11,203,897
77$18,004,207$0$0$12,259,398
78$19,704,531$0$0$13,419,811
79$21,574,000$0$0$14,695,749
80$23,629,733$0$0$16,098,907
81$25,890,589$0$0$17,642,169
82$28,377,346$0$0$19,339,731
83$31,112,900$0$0$21,207,233
84$34,122,473$0$0$23,261,908
85$37,433,859$0$0$25,522,743
86$41,077,679$0$0$28,010,660
87$45,087,674$0$0$30,748,708
88$49,501,021$0$0$33,762,288
89$54,358,683$0$0$37,079,385
90$59,705,796$0$0$40,730,837
91$65,592,094$0$0$44,750,621
92$72,072,379$0$0$49,176,178
93$79,207,034$0$0$54,048,763
94$87,062,596$0$0$59,413,835
95$95,712,385$0$0$65,321,486
96$105,237,188$0$0$71,826,911
97$115,726,028$0$0$78,990,933
98$127,277,001$0$0$86,880,572
99$139,998,202$0$0$95,569,680
100$154,008,741$0$0$105,139,636