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%11.6%
1 years$61,274$60,728$60,195$59,676$59,168$58,771
2 years$30,333$29,769$29,221$28,690$28,175$27,774
3 years$20,021$19,454$18,908$18,382$17,876$17,484
4 years$14,866$14,301$13,760$13,243$12,749$12,369
5 years$11,774$11,212$10,678$10,172$9,692$9,325
6 years$9,713$9,155$8,630$8,135$7,669$7,316
7 years$8,242$7,689$7,171$6,688$6,237$5,897
8 years$7,139$6,591$6,082$5,610$5,174$4,848
9 years$6,281$5,738$5,238$4,779$4,357$4,045
10 years$5,596$5,058$4,567$4,119$3,713$3,414
11 years$5,035$4,503$4,021$3,585$3,193$2,908
12 years$4,569$4,042$3,568$3,145$2,767$2,495
13 years$4,174$3,652$3,188$2,776$2,413$2,154
14 years$3,836$3,320$2,864$2,464$2,115$1,869
15 years$3,543$3,033$2,586$2,198$1,862$1,628
16 years$3,287$2,783$2,345$1,968$1,646$1,423
17 years$3,062$2,563$2,134$1,768$1,459$1,248
18 years$2,862$2,368$1,948$1,593$1,298$1,098
19 years$2,683$2,195$1,783$1,440$1,157$967
20 years$2,522$2,039$1,636$1,304$1,033$854
21 years$2,376$1,900$1,505$1,184$924$756
22 years$2,245$1,773$1,387$1,076$829$669
23 years$2,124$1,658$1,281$980$744$594
24 years$2,014$1,554$1,185$894$669$527
25 years$1,913$1,458$1,097$816$602$469
26 years$1,820$1,370$1,018$746$542$417
27 years$1,734$1,290$945$683$489$371
28 years$1,654$1,215$878$626$441$331
29 years$1,580$1,147$817$574$398$295
30 years$1,510$1,083$761$527$360$263
31 years$1,446$1,024$710$484$325$235
32 years$1,385$969$662$445$294$210
33 years$1,329$917$618$409$266$187
34 years$1,276$869$578$376$241$167
35 years$1,226$825$540$346$218$150
36 years$1,178$783$505$319$198$134
37 years$1,134$743$473$294$179$120
38 years$1,092$706$443$271$163$107
39 years$1,052$672$415$250$147$96
40 years$1,014$639$389$230$134$86
41 years$979$608$365$213$121$77
42 years$945$579$342$196$110$69
43 years$912$552$321$181$100$61
44 years$882$526$301$167$91$55
45 years$852$502$283$154$82$49
46 years$824$479$266$143$75$44
47 years$798$457$250$132$68$39
48 years$772$436$235$122$62$35
49 years$748$416$221$113$56$32
50 years$724$398$207$104$51$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $742,000, adding $5,092 every year, while hoping to spend $29,259 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: 49/39/12 Blend
34$742,000$742,000$742,000$742,000
35$822,936$783,610$772,109$860,325
36$875,745$790,876$766,844$893,820
37$932,959$797,517$760,421$926,706
38$994,997$803,472$752,772$961,767
39$1,062,320$808,675$743,823$999,215
40$1,135,433$813,057$733,497$1,039,286
41$1,214,894$816,543$721,716$1,082,239
42$1,301,315$819,055$708,395$1,128,364
43$1,395,369$820,510$693,447$1,177,979
44$1,497,799$820,816$676,779$1,231,437
45$1,609,419$819,882$658,297$1,289,127
46$1,731,129$817,605$637,898$1,351,481
47$1,863,915$813,879$615,479$1,418,976
48$2,008,867$808,591$590,930$1,492,140
49$2,167,181$801,621$564,136$1,571,556
50$2,340,175$792,843$534,976$1,657,869
51$2,529,301$782,120$503,326$1,751,792
52$2,736,156$769,310$469,054$1,854,113
53$2,962,500$754,262$432,023$1,965,702
54$3,210,269$736,816$392,090$2,087,524
55$3,481,597$716,800$349,106$2,220,642
56$3,778,833$694,036$302,913$2,366,231
57$4,104,563$668,333$253,350$2,525,590
58$4,461,637$639,490$200,246$2,700,154
59$4,853,192$607,293$143,423$2,891,509
60$5,282,685$571,518$82,694$3,101,405
61$5,753,922$531,925$17,867$3,331,776
62$6,271,095$488,263$0$3,584,759
63$6,838,824$440,265$0$3,869,283
64$7,462,195$387,649$0$4,184,251
65$8,146,814$330,119$0$4,530,276
66$8,898,853$267,358$0$4,910,563
67$9,725,114$199,036$0$5,328,649
68$10,633,088$124,802$0$5,788,437
69$11,631,030$44,284$0$6,294,230
70$12,728,033$0$0$6,850,780
71$13,934,116$0$0$7,481,741
72$15,260,316$0$0$8,196,526
73$16,718,793$0$0$8,982,697
74$18,322,945$0$0$9,847,486
75$20,087,534$0$0$10,798,863
76$22,028,824$0$0$11,845,609
77$24,164,735$0$0$12,997,398
78$26,515,012$0$0$14,264,891
79$29,101,409$0$0$15,659,835
80$31,947,897$0$0$17,195,170
81$35,080,889$0$0$18,885,157
82$38,529,487$0$0$20,745,509
83$42,325,757$0$0$22,793,541
84$46,505,035$0$0$25,048,329
85$51,106,253$0$0$27,530,896
86$56,172,313$0$0$30,264,405
87$61,750,488$0$0$33,274,381
88$67,892,868$0$0$36,588,949
89$74,656,851$0$0$40,239,102
90$82,105,686$0$0$44,258,990
91$90,309,068$0$0$48,686,244
92$99,343,796$0$0$53,562,333
93$109,294,497$0$0$58,932,950
94$120,254,425$0$0$64,848,450
95$132,326,340$0$0$71,364,316
96$145,623,478$0$0$78,541,694
97$160,270,620$0$0$86,447,957
98$176,405,267$0$0$95,157,352
99$194,178,940$0$0$104,751,694
100$213,758,608$0$0$115,321,140