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%12.2%
1 years$59,787$59,255$58,735$58,228$57,733$57,201
2 years$29,598$29,046$28,512$27,994$27,492$26,956
3 years$19,536$18,982$18,449$17,936$17,442$16,919
4 years$14,506$13,954$13,426$12,922$12,440$11,933
5 years$11,489$10,940$10,419$9,925$9,456$8,968
6 years$9,478$8,933$8,420$7,937$7,483$7,013
7 years$8,042$7,502$6,997$6,526$6,085$5,635
8 years$6,966$6,431$5,934$5,474$5,048$4,617
9 years$6,129$5,599$5,111$4,663$4,251$3,839
10 years$5,460$4,935$4,456$4,019$3,622$3,228
11 years$4,913$4,394$3,923$3,498$3,115$2,739
12 years$4,458$3,944$3,482$3,068$2,700$2,342
13 years$4,073$3,564$3,111$2,709$2,354$2,014
14 years$3,743$3,239$2,795$2,405$2,064$1,740
15 years$3,457$2,959$2,523$2,145$1,817$1,510
16 years$3,208$2,715$2,288$1,920$1,606$1,315
17 years$2,988$2,500$2,082$1,725$1,424$1,148
18 years$2,792$2,311$1,900$1,555$1,266$1,005
19 years$2,618$2,141$1,740$1,405$1,128$882
20 years$2,461$1,990$1,597$1,272$1,008$776
21 years$2,319$1,853$1,469$1,155$902$683
22 years$2,190$1,730$1,354$1,050$809$602
23 years$2,073$1,618$1,250$956$726$532
24 years$1,965$1,516$1,156$872$652$470
25 years$1,867$1,423$1,071$796$587$416
26 years$1,776$1,337$993$728$529$368
27 years$1,692$1,258$922$667$477$326
28 years$1,614$1,186$857$611$430$289
29 years$1,541$1,119$798$560$388$257
30 years$1,474$1,057$743$514$351$228
31 years$1,411$999$693$472$317$202
32 years$1,352$945$646$434$287$180
33 years$1,297$895$603$399$260$160
34 years$1,245$848$564$367$235$142
35 years$1,196$805$527$338$213$126
36 years$1,150$764$493$311$193$112
37 years$1,106$725$462$287$175$100
38 years$1,065$689$432$264$159$89
39 years$1,027$655$405$244$144$79
40 years$990$624$380$225$130$71
41 years$955$594$356$207$118$63
42 years$922$565$334$191$107$56
43 years$890$539$313$177$97$50
44 years$860$513$294$163$88$44
45 years$832$490$276$151$80$39
46 years$804$467$259$139$73$35
47 years$778$446$244$129$66$31
48 years$753$425$229$119$60$28
49 years$730$406$215$110$55$25
50 years$707$388$202$101$50$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $724,000, adding $6,275 every year, while hoping to spend $24,881 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: 58/21/21 Blend
34$724,000$724,000$724,000$724,000
35$804,321$765,949$754,727$846,127
36$859,888$777,007$753,537$886,342
37$920,290$787,773$751,473$926,935
38$985,992$798,207$748,480$970,644
39$1,057,509$808,264$744,500$1,017,775
40$1,135,405$817,900$739,471$1,068,664
41$1,220,302$827,063$733,329$1,123,685
42$1,312,885$835,701$726,008$1,183,249
43$1,413,908$843,759$717,437$1,247,810
44$1,524,198$851,175$707,543$1,317,868
45$1,644,669$857,885$696,249$1,393,978
46$1,776,326$863,823$683,474$1,476,747
47$1,920,275$868,913$669,134$1,566,850
48$2,077,734$873,081$653,141$1,665,028
49$2,250,044$876,242$635,402$1,772,100
50$2,438,681$878,311$615,821$1,888,971
51$2,645,272$879,194$594,296$2,016,637
52$2,871,607$878,792$570,723$2,156,198
53$3,119,659$877,000$544,990$2,308,868
54$3,391,599$873,708$516,982$2,475,985
55$3,689,820$868,798$486,578$2,659,027
56$4,016,956$862,143$453,653$2,859,623
57$4,375,909$853,612$418,074$3,079,569
58$4,769,876$843,064$379,704$3,320,847
59$5,202,378$830,348$338,399$3,585,646
60$5,677,293$815,308$294,008$3,876,375
61$6,198,894$797,775$246,374$4,195,696
62$6,771,888$777,573$195,334$4,546,541
63$7,401,460$754,513$140,717$4,932,147
64$8,093,321$728,396$82,343$5,356,082
65$8,853,765$699,013$20,027$5,822,282
66$9,689,724$666,140$0$6,335,086
67$10,608,836$629,541$0$6,909,694
68$11,619,517$588,968$0$7,546,436
69$12,731,038$544,158$0$8,246,689
70$13,953,613$494,831$0$9,016,917
71$15,298,498$440,693$0$9,864,251
72$16,778,091$381,434$0$10,796,547
73$18,406,056$316,724$0$11,822,464
74$20,197,446$246,216$0$12,951,547
75$22,168,848$169,543$0$14,194,318
76$24,338,538$86,318$0$15,562,370
77$26,726,653$0$0$17,068,485
78$29,355,382$0$0$18,727,644
79$32,249,173$0$0$20,576,132
80$35,434,967$0$0$22,611,222
81$38,942,447$0$0$24,851,886
82$42,804,324$0$0$27,319,028
83$47,056,638$0$0$30,035,684
84$51,739,107$0$0$33,027,238
85$56,895,492$0$0$36,321,660
86$62,574,017$0$0$39,949,770
87$68,827,820$0$0$43,945,532
88$75,715,455$0$0$48,346,370
89$83,301,446$0$0$53,193,522
90$91,656,892$0$0$58,532,432
91$100,860,143$0$0$64,413,176
92$110,997,535$0$0$70,890,935
93$122,164,205$0$0$78,026,514
94$134,464,990$0$0$85,886,921
95$148,015,416$0$0$94,545,994
96$162,942,788$0$0$104,085,097
97$179,387,391$0$0$114,593,895
98$197,503,813$0$0$126,171,192
99$217,462,406$0$0$138,925,868
100$239,450,891$0$0$152,977,905