Can I retire at age 35 with 723,000?

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 $723,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$59,705$59,173$58,654$58,148$57,653$55,852
2 years$29,557$29,006$28,473$27,956$27,454$25,656
3 years$19,509$18,956$18,424$17,911$17,418$15,679
4 years$14,486$13,935$13,408$12,904$12,423$10,756
5 years$11,473$10,925$10,405$9,912$9,443$7,853
6 years$9,465$8,921$8,409$7,926$7,472$5,960
7 years$8,031$7,492$6,988$6,517$6,077$4,643
8 years$6,956$6,422$5,926$5,467$5,041$3,685
9 years$6,121$5,591$5,104$4,656$4,246$2,964
10 years$5,453$4,929$4,450$4,014$3,617$2,410
11 years$4,906$4,388$3,918$3,493$3,111$1,975
12 years$4,452$3,938$3,477$3,064$2,696$1,629
13 years$4,067$3,559$3,106$2,705$2,351$1,351
14 years$3,738$3,235$2,791$2,401$2,061$1,124
15 years$3,452$2,955$2,520$2,142$1,815$939
16 years$3,203$2,711$2,285$1,918$1,604$787
17 years$2,983$2,497$2,079$1,723$1,422$661
18 years$2,788$2,307$1,898$1,553$1,264$556
19 years$2,614$2,138$1,737$1,403$1,127$468
20 years$2,457$1,987$1,594$1,271$1,007$395
21 years$2,316$1,851$1,467$1,153$901$334
22 years$2,187$1,728$1,352$1,049$807$282
23 years$2,070$1,616$1,248$955$725$239
24 years$1,963$1,514$1,154$871$651$202
25 years$1,864$1,421$1,069$795$586$171
26 years$1,773$1,335$992$727$528$145
27 years$1,689$1,257$921$666$476$123
28 years$1,611$1,184$856$610$430$104
29 years$1,539$1,117$796$559$388$88
30 years$1,472$1,055$742$513$350$75
31 years$1,409$997$692$471$317$64
32 years$1,350$944$645$433$287$54
33 years$1,295$894$603$398$259$46
34 years$1,243$847$563$367$235$39
35 years$1,194$803$526$337$213$33
36 years$1,148$763$492$311$193$28
37 years$1,105$724$461$286$175$24
38 years$1,064$688$432$264$158$20
39 years$1,025$655$404$243$144$17
40 years$988$623$379$224$130$15
41 years$954$593$355$207$118$12
42 years$920$565$333$191$107$11
43 years$889$538$313$176$97$9
44 years$859$513$294$163$88$8
45 years$830$489$276$150$80$6
46 years$803$466$259$139$73$5
47 years$777$445$243$128$66$5
48 years$752$425$229$119$60$4
49 years$729$406$215$110$55$3
50 years$706$388$202$101$50$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $723,000, adding $6,251 every year, while hoping to spend $21,016 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: 50/26/24 Blend
34$723,000$723,000$723,000$723,000
35$803,194$764,875$753,668$837,649
36$862,759$779,993$756,555$877,376
37$927,695$795,147$758,835$917,905
38$998,528$810,318$760,464$961,528
39$1,075,837$825,482$761,398$1,008,547
40$1,160,258$840,616$761,591$1,059,294
41$1,252,492$855,695$760,993$1,114,136
42$1,353,312$870,690$759,552$1,173,480
43$1,463,568$885,571$757,214$1,237,770
44$1,584,194$900,306$753,923$1,307,500
45$1,716,221$914,861$749,619$1,383,214
46$1,860,784$929,197$744,239$1,465,511
47$2,019,132$943,276$737,719$1,555,052
48$2,192,641$957,054$729,990$1,652,567
49$2,382,825$970,484$720,980$1,758,860
50$2,591,354$983,519$710,614$1,874,820
51$2,820,066$996,105$698,813$2,001,423
52$3,070,985$1,008,186$685,495$2,139,752
53$3,346,340$1,019,703$670,574$2,290,996
54$3,648,589$1,030,590$653,960$2,456,469
55$3,980,436$1,040,780$635,559$2,637,620
56$4,344,861$1,050,199$615,271$2,836,046
57$4,745,149$1,058,770$592,994$3,053,511
58$5,184,914$1,066,410$568,620$3,291,956
59$5,668,142$1,073,031$542,035$3,553,527
60$6,199,222$1,078,539$513,123$3,840,586
61$6,782,989$1,082,834$481,759$4,155,740
62$7,424,771$1,085,810$447,815$4,501,864
63$8,130,438$1,087,354$411,157$4,882,128
64$8,906,455$1,087,347$371,643$5,300,027
65$9,759,947$1,085,661$329,127$5,759,416
66$10,698,764$1,082,160$283,455$6,264,545
67$11,731,554$1,076,703$234,467$6,820,101
68$12,867,846$1,069,135$181,995$7,431,252
69$14,118,141$1,059,297$125,866$8,103,694
70$15,494,005$1,047,016$65,896$8,843,712
71$17,008,185$1,032,111$1,896$9,658,231
72$18,674,726$1,014,391$0$10,554,888
73$20,509,103$993,651$0$11,559,108
74$22,528,368$969,676$0$12,664,792
75$24,751,308$942,237$0$13,881,745
76$27,198,628$911,093$0$15,221,308
77$29,893,138$875,987$0$16,695,979
78$32,859,977$836,649$0$18,319,536
79$36,126,842$792,792$0$20,107,160
80$39,724,254$744,114$0$22,075,586
81$43,685,846$690,293$0$24,243,258
82$48,048,675$630,990$0$26,630,502
83$52,853,580$565,849$0$29,259,721
84$58,145,560$494,490$0$32,155,606
85$63,974,200$416,513$0$35,345,369
86$70,394,141$331,495$0$38,859,001
87$77,465,596$238,991$0$42,729,558
88$85,254,914$138,528$0$46,993,468
89$93,835,209$29,610$0$51,690,881
90$103,287,049$0$0$56,866,047
91$113,699,217$0$0$62,592,992
92$125,169,548$0$0$68,911,403
93$137,805,853$0$0$75,872,211
94$151,726,935$0$0$83,540,875
95$167,063,711$0$0$91,989,527
96$183,960,448$0$0$101,297,658
97$202,576,124$0$0$111,552,862
98$223,085,928$0$0$122,851,667
99$245,682,913$0$0$135,300,442
100$270,579,821$0$0$149,016,407