Can I retire at age 35 with 724,000?

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 $724,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$59,787$59,255$58,735$58,228$57,733$56,452
2 years$29,598$29,046$28,512$27,994$27,492$26,208
3 years$19,536$18,982$18,449$17,936$17,442$16,195
4 years$14,506$13,954$13,426$12,922$12,440$11,240
5 years$11,489$10,940$10,419$9,925$9,456$8,307
6 years$9,478$8,933$8,420$7,937$7,483$6,384
7 years$8,042$7,502$6,997$6,526$6,085$5,038
8 years$6,966$6,431$5,934$5,474$5,048$4,053
9 years$6,129$5,599$5,111$4,663$4,251$3,306
10 years$5,460$4,935$4,456$4,019$3,622$2,727
11 years$4,913$4,394$3,923$3,498$3,115$2,268
12 years$4,458$3,944$3,482$3,068$2,700$1,899
13 years$4,073$3,564$3,111$2,709$2,354$1,599
14 years$3,743$3,239$2,795$2,405$2,064$1,352
15 years$3,457$2,959$2,523$2,145$1,817$1,148
16 years$3,208$2,715$2,288$1,920$1,606$978
17 years$2,988$2,500$2,082$1,725$1,424$835
18 years$2,792$2,311$1,900$1,555$1,266$714
19 years$2,618$2,141$1,740$1,405$1,128$612
20 years$2,461$1,990$1,597$1,272$1,008$525
21 years$2,319$1,853$1,469$1,155$902$452
22 years$2,190$1,730$1,354$1,050$809$389
23 years$2,073$1,618$1,250$956$726$335
24 years$1,965$1,516$1,156$872$652$289
25 years$1,867$1,423$1,071$796$587$249
26 years$1,776$1,337$993$728$529$215
27 years$1,692$1,258$922$667$477$186
28 years$1,614$1,186$857$611$430$160
29 years$1,541$1,119$798$560$388$139
30 years$1,474$1,057$743$514$351$120
31 years$1,411$999$693$472$317$104
32 years$1,352$945$646$434$287$90
33 years$1,297$895$603$399$260$78
34 years$1,245$848$564$367$235$67
35 years$1,196$805$527$338$213$58
36 years$1,150$764$493$311$193$50
37 years$1,106$725$462$287$175$44
38 years$1,065$689$432$264$159$38
39 years$1,027$655$405$244$144$33
40 years$990$624$380$225$130$28
41 years$955$594$356$207$118$25
42 years$922$565$334$191$107$21
43 years$890$539$313$177$97$18
44 years$860$513$294$163$88$16
45 years$832$490$276$151$80$14
46 years$804$467$259$139$73$12
47 years$778$446$244$129$66$10
48 years$753$425$229$119$60$9
49 years$730$406$215$110$55$8
50 years$707$388$202$101$50$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $724,000, adding $5,554 every year, while hoping to spend $43,168 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: 53/40/7 Blend
34$724,000$724,000$724,000$724,000
35$803,577$765,205$753,983$844,529
36$839,611$756,770$733,311$864,466
37$877,875$746,474$710,500$880,954
38$918,548$734,182$685,432$897,852
39$961,831$719,748$657,985$915,206
40$1,007,941$703,018$628,030$933,071
41$1,057,116$683,831$595,435$951,508
42$1,109,618$662,015$560,057$970,587
43$1,165,732$637,387$521,752$990,388
44$1,225,772$609,754$480,366$1,011,003
45$1,290,082$578,913$435,740$1,032,535
46$1,359,038$544,648$387,706$1,055,103
47$1,433,056$506,732$336,089$1,078,840
48$1,512,588$464,922$280,709$1,103,896
49$1,598,134$418,965$221,374$1,130,443
50$1,690,239$368,590$157,886$1,158,673
51$1,789,507$313,514$90,038$1,188,802
52$1,896,595$253,435$17,613$1,221,075
53$2,012,230$188,036$0$1,255,765
54$2,137,209$116,981$0$1,297,637
55$2,272,407$39,916$0$1,344,274
56$2,418,787$0$0$1,394,763
57$2,577,408$0$0$1,468,718
58$2,749,433$0$0$1,568,037
59$2,936,142$0$0$1,675,896
60$3,138,943$0$0$1,793,116
61$3,359,384$0$0$1,920,600
62$3,599,168$0$0$2,059,341
63$3,860,170$0$0$2,210,434
64$4,144,452$0$0$2,375,081
65$4,454,282$0$0$2,554,607
66$4,792,159$0$0$2,750,468
67$5,160,830$0$0$2,964,268
68$5,563,322$0$0$3,197,774
69$6,002,965$0$0$3,452,928
70$6,483,425$0$0$3,731,871
71$7,008,740$0$0$4,036,959
72$7,583,352$0$0$4,370,785
73$8,212,156$0$0$4,736,206
74$8,900,540$0$0$5,136,368
75$9,654,438$0$0$5,574,734
76$10,480,384$0$0$6,055,119
77$11,385,573$0$0$6,581,723
78$12,377,932$0$0$7,159,174
79$13,466,190$0$0$7,792,568
80$14,659,959$0$0$8,487,517
81$15,969,829$0$0$9,250,204
82$17,407,465$0$0$10,087,440
83$18,985,714$0$0$11,006,726
84$20,718,729$0$0$12,016,326
85$22,622,101$0$0$13,125,342
86$24,713,003$0$0$14,343,804
87$27,010,356$0$0$15,682,759
88$29,535,003$0$0$17,154,377
89$32,309,906$0$0$18,772,068
90$35,360,362$0$0$20,550,604
91$38,714,243$0$0$22,506,259
92$42,402,254$0$0$24,656,966
93$46,458,225$0$0$27,022,479
94$50,919,430$0$0$29,624,565
95$55,826,936$0$0$32,487,207
96$61,225,990$0$0$35,636,827
97$67,166,445$0$0$39,102,541
98$73,703,232$0$0$42,916,426
99$80,896,875$0$0$47,113,828
100$88,814,060$0$0$51,733,693