Can I retire at age 35 with 730,000?

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 $730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$60,283$59,746$59,222$58,711$58,211$56,438
2 years$29,843$29,287$28,748$28,226$27,720$25,949
3 years$19,698$19,139$18,602$18,085$17,586$15,873
4 years$14,626$14,070$13,538$13,029$12,543$10,900
5 years$11,584$11,031$10,506$10,008$9,535$7,967
6 years$9,556$9,007$8,490$8,003$7,545$6,053
7 years$8,109$7,564$7,055$6,580$6,136$4,721
8 years$7,024$6,484$5,984$5,520$5,090$3,751
9 years$6,180$5,646$5,154$4,702$4,287$3,021
10 years$5,505$4,976$4,493$4,053$3,652$2,459
11 years$4,954$4,430$3,956$3,527$3,141$2,018
12 years$4,495$3,976$3,510$3,094$2,722$1,667
13 years$4,106$3,593$3,136$2,731$2,374$1,384
14 years$3,774$3,266$2,818$2,425$2,081$1,154
15 years$3,486$2,984$2,544$2,162$1,832$965
16 years$3,234$2,738$2,307$1,936$1,619$810
17 years$3,012$2,521$2,099$1,740$1,436$681
18 years$2,815$2,330$1,916$1,568$1,277$573
19 years$2,639$2,159$1,754$1,417$1,138$484
20 years$2,481$2,006$1,610$1,283$1,016$409
21 years$2,338$1,869$1,481$1,164$910$346
22 years$2,208$1,745$1,365$1,059$815$293
23 years$2,090$1,632$1,260$964$732$248
24 years$1,982$1,529$1,165$879$658$210
25 years$1,882$1,435$1,079$803$592$178
26 years$1,790$1,348$1,001$734$533$151
27 years$1,706$1,269$930$672$481$129
28 years$1,627$1,196$864$616$434$109
29 years$1,554$1,128$804$565$392$93
30 years$1,486$1,065$749$518$354$79
31 years$1,422$1,007$698$476$320$67
32 years$1,363$953$652$437$289$57
33 years$1,307$902$608$402$262$48
34 years$1,255$855$568$370$237$41
35 years$1,206$811$531$341$215$35
36 years$1,159$770$497$314$195$30
37 years$1,116$731$465$289$176$25
38 years$1,074$695$436$266$160$22
39 years$1,035$661$408$246$145$18
40 years$998$629$383$227$132$16
41 years$963$598$359$209$119$13
42 years$929$570$337$193$108$11
43 years$898$543$316$178$98$10
44 years$867$518$296$164$89$8
45 years$839$494$278$152$81$7
46 years$811$471$261$140$74$6
47 years$785$449$246$130$67$5
48 years$760$429$231$120$61$4
49 years$736$410$217$111$55$4
50 years$713$391$204$102$50$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $730,000, adding $2,267 every year, while hoping to spend $54,987 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: 61/11/28 Blend
34$730,000$730,000$730,000$730,000
35$806,798$768,108$756,793$849,799
36$830,586$747,240$723,640$858,472
37$854,957$723,506$687,534$861,809
38$879,913$696,708$648,316$864,291
39$905,454$666,636$605,824$865,844
40$931,577$633,068$559,886$866,394
41$958,278$595,769$510,323$865,857
42$985,551$554,490$456,947$864,147
43$1,013,386$508,969$399,564$861,170
44$1,041,770$458,927$337,968$856,828
45$1,070,688$404,072$271,947$851,014
46$1,100,118$344,092$201,277$843,614
47$1,130,038$278,660$125,728$834,507
48$1,160,417$207,429$45,055$823,564
49$1,191,221$130,035$0$810,646
50$1,222,409$46,090$0$807,864
51$1,253,933$0$0$817,961
52$1,285,738$0$0$832,800
53$1,317,760$0$0$853,334
54$1,349,926$0$0$873,933
55$1,382,152$0$0$894,541
56$1,414,343$0$0$915,091
57$1,446,391$0$0$935,511
58$1,478,173$0$0$955,717
59$1,509,550$0$0$975,614
60$1,540,367$0$0$995,097
61$1,570,447$0$0$1,014,046
62$1,599,595$0$0$1,032,328
63$1,627,587$0$0$1,049,792
64$1,654,177$0$0$1,066,271
65$1,679,088$0$0$1,081,576
66$1,702,009$0$0$1,095,499
67$1,722,595$0$0$1,107,806
68$1,740,461$0$0$1,118,236
69$1,755,177$0$0$1,126,499
70$1,766,265$0$0$1,132,272
71$1,773,195$0$0$1,135,196
72$1,775,375$0$0$1,134,873
73$1,772,148$0$0$1,130,859
74$1,762,787$0$0$1,122,663
75$1,746,482$0$0$1,109,739
76$1,722,336$0$0$1,091,483
77$1,689,355$0$0$1,067,224
78$1,646,438$0$0$1,036,220
79$1,592,363$0$0$997,647
80$1,525,779$0$0$950,596
81$1,445,190$0$0$894,058
82$1,348,940$0$0$826,918
83$1,235,197$0$0$747,942
84$1,101,935$0$0$655,766
85$946,915$0$0$548,881
86$767,658$0$0$425,620
87$561,428$0$0$284,140
88$325,201$0$0$122,405
89$55,633$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0