Can I retire at age 35 with 742,000?

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 $742,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$61,274$60,728$60,195$59,676$59,168$57,950
2 years$30,333$29,769$29,221$28,690$28,175$26,953
3 years$20,021$19,454$18,908$18,382$17,876$16,688
4 years$14,866$14,301$13,760$13,243$12,749$11,605
5 years$11,774$11,212$10,678$10,172$9,692$8,595
6 years$9,713$9,155$8,630$8,135$7,669$6,620
7 years$8,242$7,689$7,171$6,688$6,237$5,236
8 years$7,139$6,591$6,082$5,610$5,174$4,222
9 years$6,281$5,738$5,238$4,779$4,357$3,452
10 years$5,596$5,058$4,567$4,119$3,713$2,854
11 years$5,035$4,503$4,021$3,585$3,193$2,380
12 years$4,569$4,042$3,568$3,145$2,767$1,998
13 years$4,174$3,652$3,188$2,776$2,413$1,687
14 years$3,836$3,320$2,864$2,464$2,115$1,431
15 years$3,543$3,033$2,586$2,198$1,862$1,218
16 years$3,287$2,783$2,345$1,968$1,646$1,040
17 years$3,062$2,563$2,134$1,768$1,459$891
18 years$2,862$2,368$1,948$1,593$1,298$764
19 years$2,683$2,195$1,783$1,440$1,157$657
20 years$2,522$2,039$1,636$1,304$1,033$566
21 years$2,376$1,900$1,505$1,184$924$488
22 years$2,245$1,773$1,387$1,076$829$421
23 years$2,124$1,658$1,281$980$744$364
24 years$2,014$1,554$1,185$894$669$315
25 years$1,913$1,458$1,097$816$602$272
26 years$1,820$1,370$1,018$746$542$236
27 years$1,734$1,290$945$683$489$204
28 years$1,654$1,215$878$626$441$177
29 years$1,580$1,147$817$574$398$154
30 years$1,510$1,083$761$527$360$133
31 years$1,446$1,024$710$484$325$116
32 years$1,385$969$662$445$294$100
33 years$1,329$917$618$409$266$87
34 years$1,276$869$578$376$241$76
35 years$1,226$825$540$346$218$66
36 years$1,178$783$505$319$198$57
37 years$1,134$743$473$294$179$50
38 years$1,092$706$443$271$163$43
39 years$1,052$672$415$250$147$37
40 years$1,014$639$389$230$134$33
41 years$979$608$365$213$121$28
42 years$945$579$342$196$110$25
43 years$912$552$321$181$100$21
44 years$882$526$301$167$91$19
45 years$852$502$283$154$82$16
46 years$824$479$266$143$75$14
47 years$798$457$250$132$68$12
48 years$772$436$235$122$62$11
49 years$748$416$221$113$56$9
50 years$724$398$207$104$51$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $742,000, adding $4,359 every year, while hoping to spend $27,363 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: 60/30/10 Blend
34$742,000$742,000$742,000$742,000
35$822,180$782,854$771,353$869,353
36$876,929$792,100$768,080$910,787
37$936,344$800,882$763,779$952,465
38$1,000,874$809,148$758,389$997,251
39$1,071,011$816,843$751,842$1,045,448
40$1,147,294$823,909$744,069$1,097,387
41$1,230,321$830,283$734,998$1,153,435
42$1,320,745$835,899$724,552$1,213,995
43$1,419,288$840,685$712,651$1,279,516
44$1,526,742$844,565$699,212$1,350,487
45$1,643,982$847,461$684,148$1,427,454
46$1,771,968$849,286$667,366$1,511,014
47$1,911,758$849,951$648,772$1,601,830
48$2,064,516$849,357$628,265$1,700,630
49$2,231,525$847,404$605,741$1,808,219
50$2,414,197$843,983$581,089$1,925,486
51$2,614,085$838,979$554,196$2,053,410
52$2,832,902$832,268$524,941$2,193,072
53$3,072,532$823,723$493,201$2,345,665
54$3,335,050$813,206$458,843$2,512,504
55$3,622,742$800,570$421,731$2,695,041
56$3,938,126$785,662$381,723$2,894,878
57$4,283,973$768,318$338,669$3,113,779
58$4,663,338$748,365$292,414$3,353,695
59$5,079,584$725,620$242,795$3,616,775
60$5,536,415$699,889$189,643$3,905,389
61$6,037,912$670,967$132,779$4,222,153
62$6,588,571$638,636$72,019$4,569,953
63$7,193,343$602,667$7,169$4,951,969
64$7,857,683$562,816$0$5,371,712
65$8,587,600$518,828$0$5,839,672
66$9,389,715$470,429$0$6,354,744
67$10,271,319$417,334$0$6,920,896
68$11,240,449$359,239$0$7,543,344
69$12,305,956$295,823$0$8,227,841
70$13,477,592$226,747$0$8,980,727
71$14,766,103$151,654$0$9,808,995
72$16,183,326$70,166$0$10,720,354
73$17,742,306$0$0$11,723,301
74$19,457,412$0$0$12,833,187
75$21,344,479$0$0$14,079,906
76$23,420,952$0$0$15,451,829
77$25,706,055$0$0$16,961,664
78$28,220,967$0$0$18,623,416
79$30,989,027$0$0$20,452,515
80$34,035,949$0$0$22,465,960
81$37,390,067$0$0$24,682,487
82$41,082,603$0$0$27,122,737
83$45,147,957$0$0$29,809,455
84$49,624,038$0$0$32,767,705
85$54,552,616$0$0$36,025,104
86$59,979,716$0$0$39,612,083
87$65,956,057$0$0$43,562,174
88$72,537,525$0$0$47,912,330
89$79,785,702$0$0$52,703,266
90$87,768,447$0$0$57,979,849
91$96,560,537$0$0$63,791,521
92$106,244,372$0$0$70,192,761
93$116,910,749$0$0$77,243,605
94$128,659,724$0$0$85,010,208
95$141,601,554$0$0$93,565,468
96$155,857,734$0$0$102,989,717
97$171,562,148$0$0$113,371,478
98$188,862,330$0$0$124,808,299
99$207,920,858$0$0$137,407,672
100$228,916,884$0$0$151,288,052