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%16.9%
1 years$59,622$59,091$58,573$58,067$57,573$55,955
2 years$29,516$28,966$28,433$27,917$27,416$25,797
3 years$19,482$18,930$18,398$17,887$17,394$15,826
4 years$14,466$13,915$13,389$12,886$12,405$10,901
5 years$11,457$10,910$10,391$9,898$9,430$7,993
6 years$9,452$8,909$8,397$7,915$7,462$6,093
7 years$8,020$7,481$6,978$6,508$6,069$4,768
8 years$6,947$6,413$5,918$5,459$5,034$3,802
9 years$6,112$5,584$5,097$4,650$4,240$3,073
10 years$5,445$4,922$4,444$4,008$3,612$2,511
11 years$4,900$4,382$3,912$3,488$3,107$2,069
12 years$4,445$3,933$3,472$3,060$2,692$1,715
13 years$4,061$3,554$3,102$2,701$2,348$1,430
14 years$3,732$3,230$2,787$2,398$2,058$1,197
15 years$3,448$2,951$2,516$2,139$1,812$1,006
16 years$3,199$2,708$2,282$1,915$1,601$847
17 years$2,979$2,494$2,076$1,720$1,420$715
18 years$2,784$2,304$1,895$1,551$1,263$605
19 years$2,610$2,135$1,735$1,401$1,125$513
20 years$2,454$1,984$1,592$1,269$1,005$435
21 years$2,312$1,848$1,465$1,152$900$370
22 years$2,184$1,725$1,350$1,047$806$315
23 years$2,067$1,614$1,246$954$724$268
24 years$1,960$1,512$1,153$870$651$228
25 years$1,861$1,419$1,068$794$585$195
26 years$1,771$1,334$990$726$527$166
27 years$1,687$1,255$919$665$475$142
28 years$1,609$1,183$855$609$429$121
29 years$1,537$1,116$795$559$387$103
30 years$1,470$1,054$741$513$350$88
31 years$1,407$996$691$471$316$75
32 years$1,348$942$644$433$286$64
33 years$1,293$892$602$398$259$55
34 years$1,241$846$562$366$235$47
35 years$1,193$802$526$337$212$40
36 years$1,147$761$492$310$192$34
37 years$1,103$723$460$286$174$29
38 years$1,062$687$431$264$158$25
39 years$1,024$654$404$243$143$21
40 years$987$622$378$224$130$18
41 years$952$592$355$207$118$16
42 years$919$564$333$191$107$13
43 years$888$537$312$176$97$11
44 years$858$512$293$163$88$10
45 years$829$488$275$150$80$8
46 years$802$466$259$139$73$7
47 years$776$444$243$128$66$6
48 years$751$424$228$118$60$5
49 years$728$405$215$109$54$4
50 years$705$387$202$101$49$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $722,000, adding $4,389 every year, while hoping to spend $23,731 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: 43/32/25 Blend
34$722,000$722,000$722,000$722,000
35$800,171$761,905$750,714$828,584
36$856,539$773,989$750,614$861,347
37$917,861$785,870$749,714$894,215
38$984,618$797,512$747,964$929,359
39$1,057,337$808,878$745,309$967,005
40$1,136,601$819,929$741,693$1,007,399
41$1,223,049$830,620$737,054$1,050,816
42$1,317,386$840,907$731,332$1,097,556
43$1,420,388$850,739$724,460$1,147,954
44$1,532,908$860,066$716,369$1,202,380
45$1,655,885$868,830$706,988$1,261,241
46$1,790,354$876,971$696,242$1,324,989
47$1,937,455$884,428$684,050$1,394,121
48$2,098,441$891,131$670,332$1,469,187
49$2,274,694$897,008$655,000$1,550,796
50$2,467,735$901,983$637,964$1,639,620
51$2,679,238$905,974$619,130$1,736,399
52$2,911,047$908,894$598,398$1,841,954
53$3,165,195$910,651$575,665$1,957,189
54$3,443,918$911,146$550,823$2,083,104
55$3,749,681$910,276$523,759$2,220,803
56$4,085,198$907,929$494,355$2,371,503
57$4,453,459$903,988$462,486$2,536,551
58$4,857,757$898,328$428,025$2,717,431
59$5,301,720$890,818$390,835$2,915,784
60$5,789,344$881,317$350,777$3,133,421
61$6,325,031$869,675$307,702$3,372,338
62$6,913,631$855,736$261,457$3,634,742
63$7,560,487$839,333$211,882$3,923,067
64$8,271,485$820,289$158,808$4,239,999
65$9,053,110$798,416$102,061$4,588,504
66$9,912,505$773,516$41,457$4,971,853
67$10,857,541$745,379$0$5,393,656
68$11,896,891$713,783$0$5,864,090
69$13,040,109$678,494$0$6,393,560
70$14,297,721$639,262$0$6,975,901
71$15,681,328$595,824$0$7,616,521
72$17,203,707$547,903$0$8,321,381
73$18,878,939$495,205$0$9,097,054
74$20,722,540$437,418$0$9,950,788
75$22,751,603$374,216$0$10,890,572
76$24,984,964$305,251$0$11,925,214
77$27,443,379$230,156$0$13,064,427
78$30,149,715$148,545$0$14,318,916
79$33,129,171$60,009$0$15,700,484
80$36,409,514$0$0$17,222,143
81$40,021,338$0$0$18,910,874
82$43,998,358$0$0$20,793,734
83$48,377,721$0$0$22,867,196
84$53,200,362$0$0$25,150,655
85$58,511,387$0$0$27,665,484
86$64,360,503$0$0$30,435,233
87$70,802,478$0$0$33,485,854
88$77,897,666$0$0$36,845,945
89$85,712,573$0$0$40,547,018
90$94,320,486$0$0$44,623,798
91$103,802,160$0$0$49,114,550
92$114,246,587$0$0$54,061,442
93$125,751,827$0$0$59,510,939
94$138,425,943$0$0$65,514,244
95$152,388,013$0$0$72,127,782
96$167,769,257$0$0$79,413,730
97$184,714,274$0$0$87,440,605
98$203,382,409$0$0$96,283,912
99$223,949,252$0$0$106,026,854
100$246,608,301$0$0$116,761,118