Can I retire at age 35 with 738,000?

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 $738,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$60,943$60,400$59,871$59,354$58,849$58,210
2 years$30,170$29,608$29,064$28,536$28,023$27,380
3 years$19,914$19,349$18,806$18,283$17,779$17,152
4 years$14,786$14,224$13,686$13,172$12,680$12,073
5 years$11,711$11,152$10,621$10,117$9,639$9,054
6 years$9,661$9,106$8,583$8,091$7,627$7,065
7 years$8,198$7,647$7,133$6,652$6,203$5,664
8 years$7,100$6,555$6,049$5,580$5,146$4,630
9 years$6,248$5,707$5,210$4,753$4,334$3,841
10 years$5,566$5,031$4,542$4,097$3,693$3,222
11 years$5,008$4,479$3,999$3,566$3,176$2,727
12 years$4,544$4,020$3,549$3,128$2,752$2,326
13 years$4,151$3,633$3,171$2,761$2,400$1,995
14 years$3,815$3,302$2,849$2,451$2,104$1,719
15 years$3,524$3,016$2,572$2,186$1,852$1,488
16 years$3,270$2,768$2,332$1,957$1,637$1,292
17 years$3,045$2,549$2,122$1,759$1,451$1,125
18 years$2,846$2,355$1,937$1,585$1,291$982
19 years$2,668$2,183$1,773$1,432$1,150$860
20 years$2,508$2,028$1,628$1,297$1,027$753
21 years$2,364$1,889$1,497$1,177$919$662
22 years$2,232$1,764$1,380$1,070$824$582
23 years$2,113$1,649$1,274$975$740$512
24 years$2,003$1,545$1,178$889$665$451
25 years$1,903$1,450$1,091$812$598$398
26 years$1,810$1,363$1,012$742$539$351
27 years$1,724$1,283$940$679$486$310
28 years$1,645$1,209$874$623$438$274
29 years$1,571$1,140$813$571$396$243
30 years$1,502$1,077$757$524$358$215
31 years$1,438$1,018$706$481$323$190
32 years$1,378$963$659$442$293$168
33 years$1,322$912$615$407$265$149
34 years$1,269$865$575$374$240$132
35 years$1,219$820$537$344$217$117
36 years$1,172$778$503$317$197$104
37 years$1,128$739$470$292$178$92
38 years$1,086$703$441$269$162$82
39 years$1,046$668$413$248$147$72
40 years$1,009$636$387$229$133$64
41 years$973$605$363$211$121$57
42 years$940$576$340$195$109$51
43 years$907$549$319$180$99$45
44 years$877$523$300$166$90$40
45 years$848$499$281$154$82$35
46 years$820$476$264$142$74$31
47 years$793$454$248$131$67$28
48 years$768$434$233$121$61$25
49 years$744$414$219$112$56$22
50 years$721$396$206$103$51$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $738,000, adding $5,132 every year, while hoping to spend $59,566 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: 35/37/28 Blend
34$738,000$738,000$738,000$738,000
35$818,570$779,456$768,017$840,166
36$838,686$754,271$730,367$831,596
37$858,858$725,856$689,461$816,636
38$879,028$693,990$645,124$799,348
39$899,131$658,438$597,178$779,562
40$919,094$618,953$545,435$757,102
41$938,833$575,272$489,698$731,775
42$958,254$527,121$429,763$703,380
43$977,251$474,205$365,415$671,700
44$995,705$416,216$296,432$636,505
45$1,013,483$352,827$222,578$597,549
46$1,030,435$283,692$143,612$554,570
47$1,046,395$208,448$59,277$507,288
48$1,061,173$126,708$0$455,405
49$1,074,563$38,067$0$407,782
50$1,086,331$0$0$374,395
51$1,096,217$0$0$360,816
52$1,103,933$0$0$361,839
53$1,109,156$0$0$361,839
54$1,111,530$0$0$360,677
55$1,110,657$0$0$358,197
56$1,106,097$0$0$354,228
57$1,097,358$0$0$348,577
58$1,083,900$0$0$341,034
59$1,065,119$0$0$331,363
60$1,040,348$0$0$319,306
61$1,008,847$0$0$304,575
62$969,799$0$0$286,851
63$922,297$0$0$265,783
64$865,337$0$0$240,980
65$797,810$0$0$212,012
66$718,487$0$0$178,403
67$626,011$0$0$139,625
68$518,882$0$0$95,098
69$395,439$0$0$44,177
70$253,849$0$0$0
71$92,087$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$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