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%11.9%
1 years$60,943$60,400$59,871$59,354$58,849$58,380
2 years$30,170$29,608$29,064$28,536$28,023$27,551
3 years$19,914$19,349$18,806$18,283$17,779$17,318
4 years$14,786$14,224$13,686$13,172$12,680$12,233
5 years$11,711$11,152$10,621$10,117$9,639$9,208
6 years$9,661$9,106$8,583$8,091$7,627$7,212
7 years$8,198$7,647$7,133$6,652$6,203$5,804
8 years$7,100$6,555$6,049$5,580$5,146$4,764
9 years$6,248$5,707$5,210$4,753$4,334$3,968
10 years$5,566$5,031$4,542$4,097$3,693$3,343
11 years$5,008$4,479$3,999$3,566$3,176$2,842
12 years$4,544$4,020$3,549$3,128$2,752$2,434
13 years$4,151$3,633$3,171$2,761$2,400$2,097
14 years$3,815$3,302$2,849$2,451$2,104$1,816
15 years$3,524$3,016$2,572$2,186$1,852$1,579
16 years$3,270$2,768$2,332$1,957$1,637$1,377
17 years$3,045$2,549$2,122$1,759$1,451$1,206
18 years$2,846$2,355$1,937$1,585$1,291$1,058
19 years$2,668$2,183$1,773$1,432$1,150$930
20 years$2,508$2,028$1,628$1,297$1,027$820
21 years$2,364$1,889$1,497$1,177$919$723
22 years$2,232$1,764$1,380$1,070$824$639
23 years$2,113$1,649$1,274$975$740$566
24 years$2,003$1,545$1,178$889$665$501
25 years$1,903$1,450$1,091$812$598$445
26 years$1,810$1,363$1,012$742$539$395
27 years$1,724$1,283$940$679$486$351
28 years$1,645$1,209$874$623$438$312
29 years$1,571$1,140$813$571$396$277
30 years$1,502$1,077$757$524$358$247
31 years$1,438$1,018$706$481$323$220
32 years$1,378$963$659$442$293$196
33 years$1,322$912$615$407$265$174
34 years$1,269$865$575$374$240$155
35 years$1,219$820$537$344$217$138
36 years$1,172$778$503$317$197$123
37 years$1,128$739$470$292$178$110
38 years$1,086$703$441$269$162$98
39 years$1,046$668$413$248$147$88
40 years$1,009$636$387$229$133$78
41 years$973$605$363$211$121$70
42 years$940$576$340$195$109$62
43 years$907$549$319$180$99$56
44 years$877$523$300$166$90$50
45 years$848$499$281$154$82$44
46 years$820$476$264$142$74$40
47 years$793$454$248$131$67$35
48 years$768$434$233$121$61$32
49 years$744$414$219$112$56$28
50 years$721$396$206$103$51$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $738,000, adding $4,516 every year, while hoping to spend $30,495 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: 56/29/15 Blend
34$738,000$738,000$738,000$738,000
35$817,934$778,820$767,381$860,296
36$868,917$784,536$760,642$895,286
37$924,078$789,510$752,655$929,680
38$983,811$793,673$743,346$966,446
39$1,048,550$796,953$732,638$1,005,818
40$1,118,770$799,271$720,450$1,048,054
41$1,194,996$800,547$706,696$1,093,438
42$1,277,803$800,691$691,287$1,142,287
43$1,367,825$799,611$674,132$1,194,947
44$1,465,759$797,209$655,132$1,251,805
45$1,572,374$793,379$634,185$1,313,287
46$1,688,511$788,010$611,186$1,379,862
47$1,815,101$780,984$586,023$1,452,051
48$1,953,166$772,176$558,579$1,530,429
49$2,103,830$761,454$528,732$1,615,632
50$2,268,332$748,677$496,356$1,708,360
51$2,448,036$733,696$461,318$1,809,390
52$2,644,442$716,354$423,479$1,919,579
53$2,859,203$696,483$382,693$2,039,873
54$3,094,137$673,906$338,809$2,171,317
55$3,351,249$648,438$291,669$2,315,066
56$3,632,744$619,879$241,108$2,472,397
57$3,941,051$588,020$186,952$2,644,717
58$4,278,845$552,639$129,021$2,833,582
59$4,649,072$513,503$67,128$3,040,710
60$5,054,976$470,364$1,076$3,267,998
61$5,500,130$422,959$0$3,517,539
62$5,988,472$371,012$0$3,802,754
63$6,524,335$314,230$0$4,115,992
64$7,112,494$252,305$0$4,459,933
65$7,758,211$184,910$0$4,837,724
66$8,467,278$111,700$0$5,252,834
67$9,246,078$32,311$0$5,709,093
68$10,101,643$0$0$6,210,721
69$11,041,718$0$0$6,779,494
70$12,074,836$0$0$7,415,963
71$13,210,399$0$0$8,115,618
72$14,458,763$0$0$8,884,850
73$15,831,338$0$0$9,730,698
74$17,340,697$0$0$10,660,921
75$19,000,688$0$0$11,684,063
76$20,826,573$0$0$12,809,541
77$22,835,164$0$0$14,047,730
78$25,044,987$0$0$15,410,060
79$27,476,451$0$0$16,909,125
80$30,152,046$0$0$18,558,804
81$33,096,551$0$0$20,374,385
82$36,337,269$0$0$22,372,717
83$39,904,284$0$0$24,572,364
84$43,830,744$0$0$26,993,779
85$48,153,174$0$0$29,659,503
86$52,911,820$0$0$32,594,370
87$58,151,028$0$0$35,825,745
88$63,919,666$0$0$39,383,784
89$70,271,577$0$0$43,301,712
90$77,266,095$0$0$47,616,144
91$84,968,599$0$0$52,367,424
92$93,451,130$0$0$57,600,010
93$102,793,075$0$0$63,362,889
94$113,081,912$0$0$69,710,043
95$124,414,034$0$0$76,700,958
96$136,895,662$0$0$84,401,181
97$150,643,846$0$0$92,882,944
98$165,787,566$0$0$102,225,841
99$182,468,954$0$0$112,517,583
100$200,844,632$0$0$123,854,820