Can I retire at age 35 with 724,000?

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 $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%13.3%
1 years$59,787$59,255$58,735$58,228$57,733$56,941
2 years$29,598$29,046$28,512$27,994$27,492$26,695
3 years$19,536$18,982$18,449$17,936$17,442$16,665
4 years$14,506$13,954$13,426$12,922$12,440$11,689
5 years$11,489$10,940$10,419$9,925$9,456$8,735
6 years$9,478$8,933$8,420$7,937$7,483$6,790
7 years$8,042$7,502$6,997$6,526$6,085$5,422
8 years$6,966$6,431$5,934$5,474$5,048$4,415
9 years$6,129$5,599$5,111$4,663$4,251$3,647
10 years$5,460$4,935$4,456$4,019$3,622$3,047
11 years$4,913$4,394$3,923$3,498$3,115$2,568
12 years$4,458$3,944$3,482$3,068$2,700$2,180
13 years$4,073$3,564$3,111$2,709$2,354$1,861
14 years$3,743$3,239$2,795$2,405$2,064$1,596
15 years$3,457$2,959$2,523$2,145$1,817$1,375
16 years$3,208$2,715$2,288$1,920$1,606$1,188
17 years$2,988$2,500$2,082$1,725$1,424$1,030
18 years$2,792$2,311$1,900$1,555$1,266$895
19 years$2,618$2,141$1,740$1,405$1,128$779
20 years$2,461$1,990$1,597$1,272$1,008$679
21 years$2,319$1,853$1,469$1,155$902$593
22 years$2,190$1,730$1,354$1,050$809$519
23 years$2,073$1,618$1,250$956$726$454
24 years$1,965$1,516$1,156$872$652$398
25 years$1,867$1,423$1,071$796$587$349
26 years$1,776$1,337$993$728$529$307
27 years$1,692$1,258$922$667$477$269
28 years$1,614$1,186$857$611$430$237
29 years$1,541$1,119$798$560$388$208
30 years$1,474$1,057$743$514$351$183
31 years$1,411$999$693$472$317$161
32 years$1,352$945$646$434$287$142
33 years$1,297$895$603$399$260$125
34 years$1,245$848$564$367$235$110
35 years$1,196$805$527$338$213$97
36 years$1,150$764$493$311$193$85
37 years$1,106$725$462$287$175$75
38 years$1,065$689$432$264$159$66
39 years$1,027$655$405$244$144$59
40 years$990$624$380$225$130$52
41 years$955$594$356$207$118$46
42 years$922$565$334$191$107$40
43 years$890$539$313$177$97$35
44 years$860$513$294$163$88$31
45 years$832$490$276$151$80$28
46 years$804$467$259$139$73$24
47 years$778$446$244$129$66$21
48 years$753$425$229$119$60$19
49 years$730$406$215$110$55$17
50 years$707$388$202$101$50$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $724,000, adding $3,945 every year, while hoping to spend $43,426 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: 48/23/29 Blend
34$724,000$724,000$724,000$724,000
35$801,917$763,545$752,323$833,601
36$837,508$754,754$731,321$847,527
37$875,273$744,077$708,160$858,088
38$915,390$731,375$682,722$868,724
39$958,049$716,502$654,883$879,465
40$1,003,462$699,303$624,514$890,347
41$1,051,860$679,613$591,479$901,411
42$1,103,495$657,259$555,639$912,708
43$1,158,643$632,057$516,845$924,294
44$1,217,609$603,811$474,943$936,237
45$1,280,723$572,316$429,772$948,615
46$1,348,351$537,354$381,163$961,518
47$1,420,892$498,694$328,942$975,049
48$1,498,785$456,092$272,923$989,327
49$1,582,512$409,291$212,917$1,004,486
50$1,672,601$358,019$148,722$1,020,681
51$1,769,632$301,988$80,130$1,038,087
52$1,874,242$240,893$6,922$1,056,902
53$1,987,132$174,414$0$1,077,352
54$2,109,071$102,212$0$1,121,721
55$2,240,904$23,928$0$1,171,984
56$2,383,561$0$0$1,226,395
57$2,538,062$0$0$1,300,789
58$2,705,530$0$0$1,388,058
59$2,887,201$0$0$1,482,798
60$3,084,432$0$0$1,585,726
61$3,298,717$0$0$1,697,631
62$3,531,699$0$0$1,819,380
63$3,785,184$0$0$1,951,929
64$4,061,163$0$0$2,096,327
65$4,361,823$0$0$2,253,730
66$4,689,573$0$0$2,425,411
67$5,047,063$0$0$2,612,771
68$5,437,210$0$0$2,817,350
69$5,863,226$0$0$3,040,846
70$6,328,645$0$0$3,285,126
71$6,837,358$0$0$3,552,247
72$7,393,651$0$0$3,844,474
73$8,002,241$0$0$4,164,300
74$8,668,322$0$0$4,514,470
75$9,397,613$0$0$4,898,008
76$10,196,414$0$0$5,318,244
77$11,071,660$0$0$5,778,843
78$12,030,990$0$0$6,283,845
79$13,082,817$0$0$6,837,698
80$14,236,407$0$0$7,445,299
81$15,501,967$0$0$8,112,046
82$16,890,738$0$0$8,843,882
83$18,415,102$0$0$9,647,355
84$20,088,698$0$0$10,529,675
85$21,926,551$0$0$11,498,788
86$23,945,214$0$0$12,563,446
87$26,162,917$0$0$13,733,290
88$28,599,748$0$0$15,018,942
89$31,277,834$0$0$16,432,103
90$34,221,554$0$0$17,985,666
91$37,457,765$0$0$19,693,833
92$41,016,056$0$0$21,572,252
93$44,929,027$0$0$23,638,164
94$49,232,596$0$0$25,910,563
95$53,966,333$0$0$28,410,378
96$59,173,841$0$0$31,160,668
97$64,903,156$0$0$34,186,839
98$71,207,210$0$0$37,516,885
99$78,144,321$0$0$41,181,650
100$85,778,748$0$0$45,215,119