Can I retire at age 35 with 722,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $722,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$59,622$59,091$58,573$58,067$57,573$55,797
2 years$29,516$28,966$28,433$27,917$27,416$25,642
3 years$19,482$18,930$18,398$17,887$17,394$15,678
4 years$14,466$13,915$13,389$12,886$12,405$10,761
5 years$11,457$10,910$10,391$9,898$9,430$7,861
6 years$9,452$8,909$8,397$7,915$7,462$5,969
7 years$8,020$7,481$6,978$6,508$6,069$4,653
8 years$6,947$6,413$5,918$5,459$5,034$3,694
9 years$6,112$5,584$5,097$4,650$4,240$2,974
10 years$5,445$4,922$4,444$4,008$3,612$2,419
11 years$4,900$4,382$3,912$3,488$3,107$1,984
12 years$4,445$3,933$3,472$3,060$2,692$1,638
13 years$4,061$3,554$3,102$2,701$2,348$1,359
14 years$3,732$3,230$2,787$2,398$2,058$1,132
15 years$3,448$2,951$2,516$2,139$1,812$946
16 years$3,199$2,708$2,282$1,915$1,601$793
17 years$2,979$2,494$2,076$1,720$1,420$666
18 years$2,784$2,304$1,895$1,551$1,263$561
19 years$2,610$2,135$1,735$1,401$1,125$473
20 years$2,454$1,984$1,592$1,269$1,005$399
21 years$2,312$1,848$1,465$1,152$900$337
22 years$2,184$1,725$1,350$1,047$806$286
23 years$2,067$1,614$1,246$954$724$242
24 years$1,960$1,512$1,153$870$651$205
25 years$1,861$1,419$1,068$794$585$174
26 years$1,771$1,334$990$726$527$147
27 years$1,687$1,255$919$665$475$125
28 years$1,609$1,183$855$609$429$106
29 years$1,537$1,116$795$559$387$90
30 years$1,470$1,054$741$513$350$76
31 years$1,407$996$691$471$316$65
32 years$1,348$942$644$433$286$55
33 years$1,293$892$602$398$259$47
34 years$1,241$846$562$366$235$40
35 years$1,193$802$526$337$212$34
36 years$1,147$761$492$310$192$29
37 years$1,103$723$460$286$174$24
38 years$1,062$687$431$264$158$21
39 years$1,024$654$404$243$143$18
40 years$987$622$378$224$130$15
41 years$952$592$355$207$118$13
42 years$919$564$333$191$107$11
43 years$888$537$312$176$97$9
44 years$858$512$293$163$88$8
45 years$829$488$275$150$80$7
46 years$802$466$259$139$73$6
47 years$776$444$243$128$66$5
48 years$751$424$228$118$60$4
49 years$728$405$215$109$54$3
50 years$705$387$202$101$49$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $722,000, adding $3,440 every year, while hoping to spend $24,424 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: 48/22/30 Blend
34$722,000$722,000$722,000$722,000
35$799,192$760,926$749,735$830,555
36$854,723$772,225$748,865$864,327
37$915,099$783,258$747,146$898,335
38$980,789$793,988$744,525$934,805
39$1,052,309$804,373$740,946$973,983
40$1,130,225$814,368$736,349$1,016,142
41$1,215,162$823,926$730,670$1,061,580
42$1,307,807$832,996$723,846$1,110,629
43$1,408,915$841,525$715,807$1,163,656
44$1,519,320$849,455$706,481$1,221,065
45$1,639,936$856,724$695,794$1,283,304
46$1,771,774$863,267$683,667$1,350,866
47$1,915,942$869,015$670,018$1,424,298
48$2,073,664$873,893$654,759$1,504,202
49$2,246,286$877,822$637,802$1,591,244
50$2,435,291$880,718$619,052$1,686,161
51$2,642,310$882,493$598,410$1,789,763
52$2,869,142$883,052$575,773$1,902,949
53$3,117,766$882,293$551,033$2,026,710
54$3,390,363$880,110$524,077$2,162,138
55$3,689,335$876,389$494,788$2,310,442
56$4,017,325$871,011$463,042$2,472,955
57$4,377,249$863,847$428,710$2,651,148
58$4,772,315$854,762$391,658$2,846,647
59$5,206,058$843,612$351,746$3,061,245
60$5,682,372$830,245$308,826$3,296,921
61$6,205,547$814,501$262,744$3,555,858
62$6,780,308$796,207$213,342$3,840,469
63$7,411,862$775,183$160,451$4,153,413
64$8,105,943$751,238$103,897$4,497,626
65$8,868,869$724,169$43,498$4,876,346
66$9,707,602$693,761$0$5,293,147
67$10,629,810$659,788$0$5,758,680
68$11,643,942$622,009$0$6,285,883
69$12,759,307$580,171$0$6,865,680
70$13,986,162$534,004$0$7,503,436
71$15,335,806$483,226$0$8,205,060
72$16,820,690$427,536$0$8,977,070
73$18,454,531$366,616$0$9,826,647
74$20,252,446$300,133$0$10,761,709
75$22,231,088$227,732$0$11,790,984
76$24,408,808$149,040$0$12,924,091
77$26,805,825$63,661$0$14,171,633
78$29,444,418$0$0$15,545,299
79$32,349,136$0$0$17,064,948
80$35,547,029$0$0$18,755,043
81$39,067,903$0$0$20,615,935
82$42,944,601$0$0$22,664,996
83$47,213,313$0$0$24,921,368
84$51,913,917$0$0$27,406,143
85$57,090,355$0$0$30,142,563
86$62,791,048$0$0$33,156,240
87$69,069,353$0$0$36,475,394
88$75,984,064$0$0$40,131,124
89$83,599,968$0$0$44,157,699
90$91,988,460$0$0$48,592,880
91$101,228,208$0$0$53,478,279
92$111,405,903$0$0$58,859,750
93$122,617,075$0$0$64,787,821
94$134,966,991$0$0$71,318,174
95$148,571,652$0$0$78,512,166
96$163,558,887$0$0$86,437,410
97$180,069,556$0$0$95,168,415
98$198,258,885$0$0$104,787,285
99$218,297,926$0$0$115,384,499
100$240,375,174$0$0$127,059,759