Can I retire at age 35 with 722,000?

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 $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%11.4%
1 years$59,622$59,091$58,573$58,067$57,573$57,234
2 years$29,516$28,966$28,433$27,917$27,416$27,074
3 years$19,482$18,930$18,398$17,887$17,394$17,059
4 years$14,466$13,915$13,389$12,886$12,405$12,081
5 years$11,457$10,910$10,391$9,898$9,430$9,117
6 years$9,452$8,909$8,397$7,915$7,462$7,160
7 years$8,020$7,481$6,978$6,508$6,069$5,779
8 years$6,947$6,413$5,918$5,459$5,034$4,756
9 years$6,112$5,584$5,097$4,650$4,240$3,973
10 years$5,445$4,922$4,444$4,008$3,612$3,357
11 years$4,900$4,382$3,912$3,488$3,107$2,863
12 years$4,445$3,933$3,472$3,060$2,692$2,460
13 years$4,061$3,554$3,102$2,701$2,348$2,126
14 years$3,732$3,230$2,787$2,398$2,058$1,847
15 years$3,448$2,951$2,516$2,139$1,812$1,611
16 years$3,199$2,708$2,282$1,915$1,601$1,411
17 years$2,979$2,494$2,076$1,720$1,420$1,239
18 years$2,784$2,304$1,895$1,551$1,263$1,091
19 years$2,610$2,135$1,735$1,401$1,125$963
20 years$2,454$1,984$1,592$1,269$1,005$851
21 years$2,312$1,848$1,465$1,152$900$754
22 years$2,184$1,725$1,350$1,047$806$669
23 years$2,067$1,614$1,246$954$724$594
24 years$1,960$1,512$1,153$870$651$529
25 years$1,861$1,419$1,068$794$585$471
26 years$1,771$1,334$990$726$527$419
27 years$1,687$1,255$919$665$475$374
28 years$1,609$1,183$855$609$429$334
29 years$1,537$1,116$795$559$387$298
30 years$1,470$1,054$741$513$350$266
31 years$1,407$996$691$471$316$238
32 years$1,348$942$644$433$286$213
33 years$1,293$892$602$398$259$190
34 years$1,241$846$562$366$235$170
35 years$1,193$802$526$337$212$153
36 years$1,147$761$492$310$192$137
37 years$1,103$723$460$286$174$122
38 years$1,062$687$431$264$158$110
39 years$1,024$654$404$243$143$98
40 years$987$622$378$224$130$88
41 years$952$592$355$207$118$79
42 years$919$564$333$191$107$71
43 years$888$537$312$176$97$63
44 years$858$512$293$163$88$57
45 years$829$488$275$150$80$51
46 years$802$466$259$139$73$46
47 years$776$444$243$128$66$41
48 years$751$424$228$118$60$37
49 years$728$405$215$109$54$33
50 years$705$387$202$101$49$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $722,000, adding $2,315 every year, while hoping to spend $26,215 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: 50/22/28 Blend
34$722,000$722,000$722,000$722,000
35$798,032$759,766$748,575$831,507
36$851,539$769,102$745,760$864,484
37$909,624$778,017$741,971$897,513
38$972,729$786,462$737,150$932,901
39$1,041,335$794,386$731,232$970,886
40$1,115,974$801,735$724,152$1,011,728
41$1,197,232$808,448$715,840$1,055,716
42$1,285,753$814,465$706,223$1,103,170
43$1,382,244$819,718$695,226$1,154,442
44$1,487,486$824,137$682,769$1,209,922
45$1,602,336$827,647$668,768$1,270,044
46$1,727,739$830,167$653,137$1,335,282
47$1,864,736$831,612$635,785$1,406,164
48$2,014,470$831,893$616,615$1,483,273
49$2,178,203$830,912$595,528$1,567,252
50$2,357,321$828,568$572,420$1,658,812
51$2,553,353$824,753$547,181$1,758,738
52$2,767,981$819,352$519,698$1,867,898
53$3,003,059$812,244$489,851$1,987,251
54$3,260,625$803,298$457,515$2,117,854
55$3,542,928$792,379$422,561$2,260,877
56$3,852,442$779,341$384,852$2,417,611
57$4,191,892$764,030$344,246$2,589,480
58$4,564,282$746,283$300,594$2,778,059
59$4,972,916$725,929$253,742$2,985,085
60$5,421,438$702,785$203,528$3,212,476
61$5,913,861$676,656$149,781$3,462,349
62$6,454,602$647,340$92,326$3,737,042
63$7,048,531$614,619$30,979$4,039,133
64$7,701,011$578,266$0$4,371,469
65$8,417,950$538,037$0$4,747,497
66$9,205,857$493,677$0$5,170,925
67$10,071,903$444,915$0$5,636,377
68$11,023,988$391,467$0$6,148,139
69$12,070,815$333,029$0$6,710,937
70$13,221,973$269,282$0$7,329,980
71$14,488,027$199,890$0$8,011,011
72$15,880,617$124,496$0$8,760,362
73$17,412,569$42,725$0$9,585,010
74$19,098,011$0$0$10,492,650
75$20,952,513$0$0$11,502,855
76$22,993,229$0$0$12,625,968
77$25,239,060$0$0$13,862,057
78$27,710,833$0$0$15,222,596
79$30,431,494$0$0$16,720,230
80$33,426,329$0$0$18,368,886
81$36,723,197$0$0$20,183,917
82$40,352,799$0$0$22,182,235
83$44,348,961$0$0$24,382,477
84$48,748,957$0$0$26,805,180
85$53,593,859$0$0$29,472,973
86$58,928,926$0$0$32,410,791
87$64,804,026$0$0$35,646,112
88$71,274,114$0$0$39,209,212
89$78,399,744$0$0$43,133,454
90$86,247,641$0$0$47,455,604
91$94,891,334$0$0$52,216,174
92$104,411,846$0$0$57,459,804
93$114,898,461$0$0$63,235,688
94$126,449,564$0$0$69,598,035
95$139,173,570$0$0$76,606,579
96$153,189,949$0$0$84,327,144
97$168,630,349$0$0$92,832,269
98$185,639,843$0$0$102,201,884
99$204,378,296$0$0$112,524,073
100$225,021,872$0$0$123,895,899