Can I retire at age 35 with 741,000?

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 $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%16.6%
1 years$61,191$60,646$60,114$59,595$59,088$57,497
2 years$30,293$29,728$29,182$28,652$28,137$26,545
3 years$19,994$19,428$18,882$18,357$17,851$16,309
4 years$14,846$14,282$13,742$13,225$12,732$11,250
5 years$11,758$11,197$10,664$10,158$9,679$8,262
6 years$9,700$9,143$8,618$8,124$7,658$6,308
7 years$8,231$7,678$7,162$6,679$6,228$4,945
8 years$7,129$6,582$6,074$5,603$5,167$3,950
9 years$6,273$5,731$5,231$4,772$4,351$3,199
10 years$5,588$5,051$4,561$4,114$3,708$2,619
11 years$5,029$4,497$4,015$3,580$3,189$2,161
12 years$4,562$4,036$3,563$3,140$2,763$1,796
13 years$4,168$3,647$3,184$2,772$2,410$1,500
14 years$3,831$3,315$2,861$2,461$2,112$1,258
15 years$3,538$3,029$2,583$2,195$1,860$1,059
16 years$3,283$2,779$2,342$1,965$1,644$894
17 years$3,058$2,559$2,131$1,766$1,457$757
18 years$2,858$2,365$1,945$1,591$1,296$642
19 years$2,679$2,192$1,781$1,438$1,155$545
20 years$2,518$2,037$1,634$1,302$1,032$464
21 years$2,373$1,897$1,503$1,182$923$395
22 years$2,242$1,771$1,385$1,075$828$337
23 years$2,121$1,656$1,279$979$743$287
24 years$2,011$1,552$1,183$893$668$245
25 years$1,910$1,456$1,096$815$601$210
26 years$1,817$1,369$1,016$745$541$179
27 years$1,731$1,288$944$682$488$153
28 years$1,652$1,214$877$625$440$131
29 years$1,577$1,145$816$573$398$112
30 years$1,508$1,081$760$526$359$96
31 years$1,444$1,022$709$483$325$82
32 years$1,384$967$661$444$294$71
33 years$1,327$916$618$408$266$60
34 years$1,274$868$577$376$241$52
35 years$1,224$823$539$346$218$44
36 years$1,177$782$505$319$198$38
37 years$1,132$742$472$293$179$33
38 years$1,090$705$442$270$162$28
39 years$1,051$671$414$249$147$24
40 years$1,013$638$388$230$134$21
41 years$977$608$364$212$121$18
42 years$943$579$342$196$110$15
43 years$911$551$321$181$100$13
44 years$880$525$301$167$91$11
45 years$851$501$283$154$82$10
46 years$823$478$265$142$75$8
47 years$797$456$249$132$68$7
48 years$771$435$234$122$62$6
49 years$747$416$220$112$56$5
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 $6,788 every year, while hoping to spend $32,107 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: 51/33/16 Blend
34$741,000$741,000$741,000$741,000
35$823,584$784,311$772,825$861,655
36$873,428$788,580$764,553$892,806
37$927,280$791,983$754,928$922,737
38$985,515$794,443$743,871$954,571
39$1,048,544$795,878$731,298$988,497
40$1,116,822$796,202$717,123$1,024,726
41$1,190,846$795,324$701,254$1,063,490
42$1,271,164$793,147$683,598$1,105,049
43$1,358,378$789,566$664,054$1,149,690
44$1,453,151$784,473$642,518$1,197,728
45$1,556,212$777,752$618,881$1,249,516
46$1,668,362$769,278$593,031$1,305,444
47$1,790,484$758,922$564,846$1,365,941
48$1,923,550$746,545$534,205$1,431,486
49$2,068,626$732,000$500,975$1,502,607
50$2,226,890$715,132$465,021$1,579,889
51$2,399,635$695,776$426,202$1,663,978
52$2,588,287$673,759$384,369$1,755,591
53$2,794,415$648,895$339,368$1,855,519
54$3,019,743$620,989$291,035$1,964,641
55$3,266,175$589,836$239,203$2,083,923
56$3,535,803$555,216$183,694$2,214,439
57$3,830,933$516,899$124,325$2,357,373
58$4,154,101$474,640$60,903$2,514,036
59$4,508,104$428,181$0$2,685,876
60$4,896,018$377,251$0$2,875,651
61$5,321,235$321,559$0$3,095,145
62$5,787,488$260,802$0$3,335,941
63$6,298,888$194,657$0$3,600,240
64$6,859,965$122,786$0$3,890,468
65$7,475,707$44,828$0$4,209,305
66$8,151,610$0$0$4,559,709
67$8,893,726$0$0$4,959,319
68$9,708,724$0$0$5,416,132
69$10,603,948$0$0$5,917,994
70$11,587,491$0$0$6,469,453
71$12,668,266$0$0$7,075,517
72$13,856,094$0$0$7,741,705
73$15,161,794$0$0$8,474,095
74$16,597,285$0$0$9,279,385
75$18,175,699$0$0$10,164,954
76$19,911,505$0$0$11,138,932
77$21,820,642$0$0$12,210,275
78$23,920,673$0$0$13,388,854
79$26,230,949$0$0$14,685,541
80$28,772,790$0$0$16,112,318
81$31,569,686$0$0$17,682,385
82$34,647,520$0$0$19,410,287
83$38,034,813$0$0$21,312,050
84$41,762,986$0$0$23,405,333
85$45,866,665$0$0$25,709,594
86$50,384,000$0$0$28,246,273
87$55,357,030$0$0$31,038,993
88$60,832,076$0$0$34,113,786
89$66,860,178$0$0$37,499,336
90$73,497,578$0$0$41,227,249
91$80,806,250$0$0$45,332,353
92$88,854,482$0$0$49,853,025
93$97,717,521$0$0$54,831,554
94$107,478,288$0$0$60,314,539
95$118,228,150$0$0$66,353,329
96$130,067,791$0$0$73,004,506
97$143,108,157$0$0$80,330,423
98$157,471,504$0$0$88,399,785
99$173,292,552$0$0$97,288,307
100$190,719,753$0$0$107,079,417