Can I retire at age 35 with 741,000?

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 $741,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$61,191$60,646$60,114$59,595$59,088$57,358
2 years$30,293$29,728$29,182$28,652$28,137$26,408
3 years$19,994$19,428$18,882$18,357$17,851$16,177
4 years$14,846$14,282$13,742$13,225$12,732$11,126
5 years$11,758$11,197$10,664$10,158$9,679$8,145
6 years$9,700$9,143$8,618$8,124$7,658$6,199
7 years$8,231$7,678$7,162$6,679$6,228$4,842
8 years$7,129$6,582$6,074$5,603$5,167$3,854
9 years$6,273$5,731$5,231$4,772$4,351$3,110
10 years$5,588$5,051$4,561$4,114$3,708$2,536
11 years$5,029$4,497$4,015$3,580$3,189$2,085
12 years$4,562$4,036$3,563$3,140$2,763$1,726
13 years$4,168$3,647$3,184$2,772$2,410$1,436
14 years$3,831$3,315$2,861$2,461$2,112$1,199
15 years$3,538$3,029$2,583$2,195$1,860$1,005
16 years$3,283$2,779$2,342$1,965$1,644$845
17 years$3,058$2,559$2,131$1,766$1,457$712
18 years$2,858$2,365$1,945$1,591$1,296$601
19 years$2,679$2,192$1,781$1,438$1,155$509
20 years$2,518$2,037$1,634$1,302$1,032$431
21 years$2,373$1,897$1,503$1,182$923$365
22 years$2,242$1,771$1,385$1,075$828$310
23 years$2,121$1,656$1,279$979$743$263
24 years$2,011$1,552$1,183$893$668$224
25 years$1,910$1,456$1,096$815$601$190
26 years$1,817$1,369$1,016$745$541$162
27 years$1,731$1,288$944$682$488$138
28 years$1,652$1,214$877$625$440$117
29 years$1,577$1,145$816$573$398$100
30 years$1,508$1,081$760$526$359$85
31 years$1,444$1,022$709$483$325$73
32 years$1,384$967$661$444$294$62
33 years$1,327$916$618$408$266$53
34 years$1,274$868$577$376$241$45
35 years$1,224$823$539$346$218$38
36 years$1,177$782$505$319$198$33
37 years$1,132$742$472$293$179$28
38 years$1,090$705$442$270$162$24
39 years$1,051$671$414$249$147$20
40 years$1,013$638$388$230$134$17
41 years$977$608$364$212$121$15
42 years$943$579$342$196$110$13
43 years$911$551$321$181$100$11
44 years$880$525$301$167$91$9
45 years$851$501$283$154$82$8
46 years$823$478$265$142$75$7
47 years$797$456$249$132$68$6
48 years$771$435$234$122$62$5
49 years$747$416$220$112$56$4
50 years$723$397$207$104$51$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $741,000, adding $5,122 every year, while hoping to spend $21,746 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: 28/49/23 Blend
34$741,000$741,000$741,000$741,000
35$821,865$782,592$771,107$838,833
36$882,558$797,802$773,801$867,731
37$948,713$813,028$775,857$896,503
38$1,020,863$828,248$777,230$926,961
39$1,099,597$843,438$777,874$959,263
40$1,185,563$858,573$777,739$993,584
41$1,279,471$873,625$776,775$1,030,117
42$1,382,108$888,562$774,927$1,069,077
43$1,494,335$903,354$772,139$1,110,699
44$1,617,104$917,966$768,353$1,155,246
45$1,751,461$932,359$763,505$1,203,005
46$1,898,560$946,493$757,532$1,254,297
47$2,059,668$960,327$750,365$1,309,476
48$2,236,185$973,813$741,932$1,368,931
49$2,429,648$986,903$732,159$1,433,095
50$2,641,754$999,543$720,969$1,502,446
51$2,874,370$1,011,677$708,278$1,577,510
52$3,129,552$1,023,246$694,002$1,658,872
53$3,409,566$1,034,184$678,050$1,747,175
54$3,716,906$1,044,424$660,329$1,843,133
55$4,054,321$1,053,891$640,741$1,947,533
56$4,424,838$1,062,509$619,182$2,061,244
57$4,831,793$1,070,193$595,547$2,185,227
58$5,278,860$1,076,856$569,721$2,320,545
59$5,770,085$1,082,404$541,588$2,468,368
60$6,309,928$1,086,736$511,026$2,629,994
61$6,903,301$1,089,746$477,905$2,806,852
62$7,555,616$1,091,321$442,093$3,000,522
63$8,272,834$1,091,341$403,448$3,212,749
64$9,061,524$1,089,678$361,825$3,445,460
65$9,928,924$1,086,197$317,071$3,700,782
66$10,883,007$1,080,753$269,025$3,981,063
67$11,932,558$1,073,195$217,523$4,288,897
68$13,087,258$1,063,360$162,388$4,627,145
69$14,357,771$1,051,077$103,440$4,998,967
70$15,755,847$1,036,164$40,490$5,407,851
71$17,294,436$1,018,428$0$5,857,645
72$18,987,802$997,665$0$6,359,148
73$20,851,666$973,659$0$6,921,527
74$22,903,348$946,180$0$7,540,063
75$25,161,933$914,987$0$8,220,518
76$27,648,451$879,822$0$8,969,249
77$30,386,074$840,413$0$9,793,266
78$33,400,334$796,475$0$10,700,301
79$36,719,368$747,702$0$11,698,876
80$40,374,178$693,774$0$12,798,394
81$44,398,926$634,350$0$14,009,220
82$48,831,255$569,072$0$15,342,783
83$53,712,646$497,560$0$16,811,689
84$59,088,809$419,413$0$18,429,834
85$65,010,110$334,206$0$20,212,540
86$71,532,052$241,494$0$22,176,705
87$78,715,797$140,802$0$24,340,955
88$86,628,739$31,632$0$26,725,829
89$95,345,144$0$0$29,353,971
90$104,946,852$0$0$32,297,010
91$115,524,044$0$0$35,558,018
92$127,176,096$0$0$39,150,601
93$140,012,519$0$0$43,108,546
94$154,153,988$0$0$47,469,085
95$169,733,482$0$0$52,273,249
96$186,897,542$0$0$57,566,250
97$205,807,651$0$0$63,397,914
98$226,641,757$0$0$69,823,143
99$249,595,956$0$0$76,902,444
100$274,886,341$0$0$84,702,489