Can I retire at age 35 with 740,000?

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 $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%14.1%
1 years$61,109$60,564$60,033$59,515$59,009$58,007
2 years$30,252$29,688$29,142$28,613$28,099$27,094
3 years$19,967$19,402$18,857$18,333$17,827$16,848
4 years$14,826$14,262$13,723$13,208$12,715$11,770
5 years$11,743$11,182$10,650$10,145$9,665$8,758
6 years$9,687$9,131$8,607$8,113$7,648$6,779
7 years$8,220$7,668$7,152$6,670$6,220$5,389
8 years$7,120$6,573$6,066$5,595$5,160$4,368
9 years$6,265$5,723$5,224$4,766$4,345$3,591
10 years$5,581$5,044$4,555$4,108$3,703$2,985
11 years$5,022$4,491$4,010$3,575$3,184$2,503
12 years$4,556$4,031$3,559$3,136$2,759$2,114
13 years$4,163$3,643$3,179$2,769$2,406$1,795
14 years$3,826$3,311$2,857$2,458$2,109$1,532
15 years$3,534$3,025$2,579$2,192$1,857$1,312
16 years$3,278$2,775$2,338$1,963$1,641$1,128
17 years$3,054$2,556$2,128$1,763$1,455$972
18 years$2,854$2,362$1,942$1,589$1,294$839
19 years$2,675$2,189$1,778$1,436$1,153$726
20 years$2,515$2,034$1,632$1,301$1,030$630
21 years$2,370$1,894$1,501$1,180$922$547
22 years$2,238$1,768$1,383$1,073$826$475
23 years$2,119$1,654$1,277$977$742$414
24 years$2,009$1,550$1,181$891$667$360
25 years$1,908$1,454$1,094$814$600$314
26 years$1,815$1,367$1,015$744$540$274
27 years$1,729$1,286$942$681$487$239
28 years$1,649$1,212$876$624$440$209
29 years$1,575$1,143$815$572$397$182
30 years$1,506$1,080$759$525$359$159
31 years$1,442$1,021$708$483$324$139
32 years$1,382$966$661$443$293$122
33 years$1,325$915$617$408$266$107
34 years$1,272$867$576$375$240$93
35 years$1,222$822$539$345$218$82
36 years$1,175$780$504$318$197$71
37 years$1,131$741$472$293$179$63
38 years$1,089$704$442$270$162$55
39 years$1,049$670$414$249$147$48
40 years$1,012$637$388$230$133$42
41 years$976$607$364$212$121$37
42 years$942$578$341$196$110$32
43 years$910$551$320$181$100$28
44 years$879$525$301$167$90$25
45 years$850$500$282$154$82$22
46 years$822$477$265$142$75$19
47 years$796$456$249$131$68$17
48 years$770$435$234$121$61$15
49 years$746$415$220$112$56$13
50 years$722$397$207$104$51$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $740,000, adding $6,247 every year, while hoping to spend $22,934 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: 39/35/26 Blend
34$740,000$740,000$740,000$740,000
35$821,924$782,704$771,234$847,431
36$881,358$796,655$772,669$880,507
37$946,087$810,520$773,383$913,660
38$1,016,624$824,273$773,328$949,062
39$1,093,539$837,881$772,453$986,933
40$1,177,456$851,313$770,706$1,027,516
41$1,269,061$864,533$768,030$1,071,078
42$1,369,113$877,502$764,367$1,117,915
43$1,478,445$890,182$759,655$1,168,353
44$1,597,973$902,528$753,830$1,222,754
45$1,728,708$914,493$746,825$1,281,517
46$1,871,762$926,029$738,569$1,345,082
47$2,028,359$937,082$728,989$1,413,937
48$2,199,848$947,595$718,006$1,488,619
49$2,387,713$957,508$705,540$1,569,723
50$2,593,591$966,757$691,507$1,657,905
51$2,819,281$975,272$675,816$1,753,891
52$3,066,768$982,980$658,376$1,858,480
53$3,338,236$989,804$639,090$1,972,557
54$3,636,091$995,660$617,854$2,097,099
55$3,962,984$1,000,459$594,565$2,233,183
56$4,321,835$1,004,108$569,109$2,382,000
57$4,715,860$1,006,507$541,371$2,544,865
58$5,148,600$1,007,548$511,230$2,723,228
59$5,623,960$1,007,120$478,558$2,918,692
60$6,146,237$1,005,103$443,224$3,133,024
61$6,720,169$1,001,368$405,087$3,368,175
62$7,350,972$995,782$364,004$3,626,301
63$8,044,396$988,200$319,823$3,909,778
64$8,806,774$978,471$272,386$4,221,231
65$9,645,082$966,433$221,528$4,563,553
66$10,567,008$951,916$167,077$4,939,942
67$11,581,022$934,739$108,853$5,353,920
68$12,696,455$914,710$46,668$5,809,379
69$13,923,588$891,625$0$6,310,611
70$15,273,750$865,271$0$6,867,812
71$16,759,422$835,418$0$7,494,916
72$18,394,356$801,827$0$8,184,783
73$20,193,706$764,243$0$8,943,832
74$22,174,169$722,395$0$9,779,139
75$24,354,141$675,999$0$10,698,506
76$26,753,893$624,753$0$11,710,533
77$29,395,763$568,339$0$12,824,704
78$32,304,361$506,418$0$14,051,471
79$35,506,810$438,636$0$15,402,358
80$39,032,991$364,616$0$16,890,072
81$42,915,834$283,960$0$18,528,616
82$47,191,623$196,248$0$20,333,431
83$51,900,342$101,038$0$22,321,538
84$57,086,048$0$0$24,511,698
85$62,797,290$0$0$26,925,420
86$69,087,566$0$0$29,626,851
87$76,015,825$0$0$32,602,412
88$83,647,029$0$0$35,880,019
89$92,052,759$0$0$39,490,435
90$101,311,897$0$0$43,467,560
91$111,511,364$0$0$47,848,747
92$122,746,945$0$0$52,675,162
93$135,124,190$0$0$57,992,165
94$148,759,411$0$0$63,849,743
95$163,780,780$0$0$70,302,978
96$180,329,538$0$0$77,412,572
97$198,561,327$0$0$85,245,412
98$218,647,662$0$0$93,875,210
99$240,777,544$0$0$103,383,193
100$265,159,251$0$0$113,858,871