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%14.8%
1 years$61,191$60,646$60,114$59,595$59,088$57,919
2 years$30,293$29,728$29,182$28,652$28,137$26,964
3 years$19,994$19,428$18,882$18,357$17,851$16,711
4 years$14,846$14,282$13,742$13,225$12,732$11,633
5 years$11,758$11,197$10,664$10,158$9,679$8,624
6 years$9,700$9,143$8,618$8,124$7,658$6,650
7 years$8,231$7,678$7,162$6,679$6,228$5,266
8 years$7,129$6,582$6,074$5,603$5,167$4,250
9 years$6,273$5,731$5,231$4,772$4,351$3,480
10 years$5,588$5,051$4,561$4,114$3,708$2,881
11 years$5,029$4,497$4,015$3,580$3,189$2,405
12 years$4,562$4,036$3,563$3,140$2,763$2,022
13 years$4,168$3,647$3,184$2,772$2,410$1,709
14 years$3,831$3,315$2,861$2,461$2,112$1,452
15 years$3,538$3,029$2,583$2,195$1,860$1,237
16 years$3,283$2,779$2,342$1,965$1,644$1,058
17 years$3,058$2,559$2,131$1,766$1,457$907
18 years$2,858$2,365$1,945$1,591$1,296$780
19 years$2,679$2,192$1,781$1,438$1,155$671
20 years$2,518$2,037$1,634$1,302$1,032$579
21 years$2,373$1,897$1,503$1,182$923$500
22 years$2,242$1,771$1,385$1,075$828$432
23 years$2,121$1,656$1,279$979$743$374
24 years$2,011$1,552$1,183$893$668$324
25 years$1,910$1,456$1,096$815$601$281
26 years$1,817$1,369$1,016$745$541$244
27 years$1,731$1,288$944$682$488$211
28 years$1,652$1,214$877$625$440$184
29 years$1,577$1,145$816$573$398$160
30 years$1,508$1,081$760$526$359$139
31 years$1,444$1,022$709$483$325$120
32 years$1,384$967$661$444$294$105
33 years$1,327$916$618$408$266$91
34 years$1,274$868$577$376$241$79
35 years$1,224$823$539$346$218$69
36 years$1,177$782$505$319$198$60
37 years$1,132$742$472$293$179$52
38 years$1,090$705$442$270$162$45
39 years$1,051$671$414$249$147$40
40 years$1,013$638$388$230$134$34
41 years$977$608$364$212$121$30
42 years$943$579$342$196$110$26
43 years$911$551$321$181$100$23
44 years$880$525$301$167$91$20
45 years$851$501$283$154$82$17
46 years$823$478$265$142$75$15
47 years$797$456$249$132$68$13
48 years$771$435$234$122$62$11
49 years$747$416$220$112$56$10
50 years$723$397$207$104$51$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $741,000, adding $5,688 every year, while hoping to spend $26,325 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: 40/33/27 Blend
34$741,000$741,000$741,000$741,000
35$822,449$783,176$771,691$848,597
36$878,329$793,542$769,533$878,451
37$939,027$803,534$766,420$907,855
38$1,005,006$813,105$762,293$939,161
39$1,076,776$822,206$757,089$972,557
40$1,154,898$830,785$750,743$1,008,256
41$1,239,989$838,786$743,185$1,046,491
42$1,332,730$846,148$734,343$1,087,521
43$1,433,868$852,809$724,143$1,131,631
44$1,544,225$858,699$712,504$1,179,141
45$1,664,708$863,747$699,345$1,230,400
46$1,796,314$867,877$684,579$1,285,798
47$1,940,140$871,005$668,115$1,345,764
48$2,097,396$873,046$649,858$1,410,777
49$2,269,412$873,906$629,710$1,481,361
50$2,457,653$873,489$607,566$1,558,102
51$2,663,732$871,689$583,318$1,641,642
52$2,889,427$868,395$556,854$1,732,696
53$3,136,693$863,492$528,053$1,832,053
54$3,407,686$856,853$496,793$1,940,584
55$3,704,778$848,346$462,943$2,059,253
56$4,030,583$837,833$426,369$2,189,128
57$4,387,979$825,164$386,930$2,331,385
58$4,780,138$810,181$344,476$2,487,328
59$5,210,551$792,719$298,856$2,658,394
60$5,683,065$772,601$249,906$2,846,174
61$6,201,919$749,640$197,459$3,052,424
62$6,771,781$723,638$141,339$3,279,084
63$7,397,792$694,385$81,363$3,528,298
64$8,085,617$661,661$17,340$3,802,432
65$8,841,498$625,231$0$4,104,102
66$9,672,311$584,846$0$4,450,881
67$10,585,629$540,246$0$4,837,556
68$11,589,798$491,153$0$5,262,708
69$12,694,011$437,274$0$5,730,287
70$13,908,400$378,299$0$6,244,651
71$15,244,123$313,903$0$6,810,606
72$16,713,478$243,738$0$7,433,452
73$18,330,012$167,441$0$8,119,034
74$20,108,653$84,625$0$8,873,799
75$22,065,848$0$0$9,704,854
76$24,219,720$0$0$10,621,897
77$26,590,236$0$0$11,665,114
78$29,199,398$0$0$12,813,473
79$32,071,448$0$0$14,077,658
80$35,233,100$0$0$15,469,442
81$38,713,787$0$0$17,001,798
82$42,545,941$0$0$18,689,019
83$46,765,301$0$0$20,546,858
84$51,411,245$0$0$22,592,671
85$56,527,166$0$0$24,845,582
86$62,160,878$0$0$27,326,667
87$68,365,068$0$0$30,059,148
88$75,197,795$0$0$33,068,615
89$82,723,034$0$0$36,383,265
90$91,011,282$0$0$40,034,172
91$100,140,223$0$0$44,055,575
92$110,195,457$0$0$48,485,206
93$121,271,314$0$0$53,364,642
94$133,471,741$0$0$58,739,700
95$146,911,280$0$0$64,660,868
96$161,716,152$0$0$71,183,780
97$178,025,449$0$0$78,369,746
98$195,992,443$0$0$86,286,325
99$215,786,036$0$0$95,007,966
100$237,592,348$0$0$104,616,707