Can I retire at age 35 with 740,000?

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 $740,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$61,109$60,564$60,033$59,515$59,009$56,690
2 years$30,252$29,688$29,142$28,613$28,099$25,792
3 years$19,967$19,402$18,857$18,333$17,827$15,603
4 years$14,826$14,262$13,723$13,208$12,715$10,591
5 years$11,743$11,182$10,650$10,145$9,665$7,648
6 years$9,687$9,131$8,607$8,113$7,648$5,738
7 years$8,220$7,668$7,152$6,670$6,220$4,416
8 years$7,120$6,573$6,066$5,595$5,160$3,461
9 years$6,265$5,723$5,224$4,766$4,345$2,749
10 years$5,581$5,044$4,555$4,108$3,703$2,206
11 years$5,022$4,491$4,010$3,575$3,184$1,783
12 years$4,556$4,031$3,559$3,136$2,759$1,450
13 years$4,163$3,643$3,179$2,769$2,406$1,185
14 years$3,826$3,311$2,857$2,458$2,109$972
15 years$3,534$3,025$2,579$2,192$1,857$800
16 years$3,278$2,775$2,338$1,963$1,641$660
17 years$3,054$2,556$2,128$1,763$1,455$546
18 years$2,854$2,362$1,942$1,589$1,294$452
19 years$2,675$2,189$1,778$1,436$1,153$375
20 years$2,515$2,034$1,632$1,301$1,030$311
21 years$2,370$1,894$1,501$1,180$922$259
22 years$2,238$1,768$1,383$1,073$826$215
23 years$2,119$1,654$1,277$977$742$179
24 years$2,009$1,550$1,181$891$667$149
25 years$1,908$1,454$1,094$814$600$124
26 years$1,815$1,367$1,015$744$540$103
27 years$1,729$1,286$942$681$487$86
28 years$1,649$1,212$876$624$440$72
29 years$1,575$1,143$815$572$397$60
30 years$1,506$1,080$759$525$359$50
31 years$1,442$1,021$708$483$324$42
32 years$1,382$966$661$443$293$35
33 years$1,325$915$617$408$266$29
34 years$1,272$867$576$375$240$24
35 years$1,222$822$539$345$218$20
36 years$1,175$780$504$318$197$17
37 years$1,131$741$472$293$179$14
38 years$1,089$704$442$270$162$12
39 years$1,049$670$414$249$147$10
40 years$1,012$637$388$230$133$8
41 years$976$607$364$212$121$7
42 years$942$578$341$196$110$6
43 years$910$551$320$181$100$5
44 years$879$525$301$167$90$4
45 years$850$500$282$154$82$3
46 years$822$477$265$142$75$3
47 years$796$456$249$131$68$2
48 years$770$435$234$121$61$2
49 years$746$415$220$112$56$2
50 years$722$397$207$104$51$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $740,000, adding $2,953 every year, while hoping to spend $42,005 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: 71/20/9 Blend
34$740,000$740,000$740,000$740,000
35$818,526$779,306$767,836$875,090
36$857,323$772,799$748,866$906,385
37$898,669$764,565$727,852$935,173
38$942,780$754,476$704,682$965,538
39$989,893$742,394$679,238$997,626
40$1,040,266$728,176$651,396$1,031,598
41$1,094,183$711,667$621,028$1,067,632
42$1,151,956$692,704$587,999$1,105,924
43$1,213,926$671,117$552,167$1,146,693
44$1,280,467$646,723$513,386$1,190,181
45$1,351,992$619,330$471,501$1,236,654
46$1,428,951$588,733$426,353$1,286,408
47$1,511,840$554,717$377,772$1,339,770
48$1,601,204$517,054$325,583$1,397,103
49$1,697,640$475,503$269,603$1,458,806
50$1,801,806$429,809$209,641$1,525,323
51$1,914,423$379,703$145,497$1,597,144
52$2,036,286$324,900$76,963$1,674,810
53$2,168,266$265,099$3,820$1,758,922
54$2,311,323$199,982$0$1,850,141
55$2,466,511$129,215$0$1,956,330
56$2,634,991$52,442$0$2,072,025
57$2,818,038$0$0$2,197,779
58$3,017,055$0$0$2,341,365
59$3,233,587$0$0$2,510,178
60$3,469,332$0$0$2,694,005
61$3,726,160$0$0$2,894,307
62$4,006,127$0$0$3,112,694
63$4,311,497$0$0$3,350,936
64$4,644,763$0$0$3,610,982
65$5,008,667$0$0$3,894,977
66$5,406,228$0$0$4,205,285
67$5,840,772$0$0$4,544,503
68$6,315,956$0$0$4,915,496
69$6,835,811$0$0$5,321,414
70$7,404,774$0$0$5,765,730
71$8,027,729$0$0$6,252,263
72$8,710,058$0$0$6,785,224
73$9,457,684$0$0$7,369,246
74$10,277,133$0$0$8,009,435
75$11,175,591$0$0$8,711,411
76$12,160,973$0$0$9,481,366
77$13,241,996$0$0$10,326,121
78$14,428,263$0$0$11,253,187
79$15,730,349$0$0$12,270,839
80$17,159,906$0$0$13,388,191
81$18,729,767$0$0$14,615,282
82$20,454,070$0$0$15,963,175
83$22,348,389$0$0$17,444,052
84$24,429,880$0$0$19,071,336
85$26,717,445$0$0$20,859,816
86$29,231,907$0$0$22,825,781
87$31,996,206$0$0$24,987,179
88$35,035,617$0$0$27,363,786
89$38,377,985$0$0$29,977,385
90$42,053,991$0$0$32,851,980
91$46,097,434$0$0$36,014,016
92$50,545,558$0$0$39,492,631
93$55,439,395$0$0$43,319,927
94$60,824,157$0$0$47,531,278
95$66,749,658$0$0$52,165,657
96$73,270,784$0$0$57,266,008
97$80,448,015$0$0$62,879,647
98$88,347,987$0$0$69,058,712
99$97,044,126$0$0$75,860,650
100$106,617,337$0$0$83,348,760