Can I retire at age 35 with 743,000?

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 $743,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$61,356$60,810$60,277$59,756$59,248$58,949
2 years$30,374$29,809$29,260$28,729$28,213$27,911
3 years$20,048$19,480$18,933$18,407$17,900$17,604
4 years$14,886$14,320$13,779$13,261$12,766$12,480
5 years$11,790$11,227$10,693$10,186$9,705$9,428
6 years$9,727$9,168$8,641$8,146$7,679$7,412
7 years$8,253$7,699$7,181$6,697$6,245$5,988
8 years$7,149$6,600$6,090$5,618$5,181$4,935
9 years$6,290$5,746$5,245$4,785$4,363$4,127
10 years$5,603$5,065$4,573$4,125$3,718$3,491
11 years$5,042$4,509$4,026$3,590$3,197$2,981
12 years$4,575$4,047$3,573$3,149$2,771$2,564
13 years$4,179$3,657$3,192$2,780$2,416$2,219
14 years$3,841$3,324$2,868$2,468$2,118$1,930
15 years$3,548$3,037$2,590$2,201$1,865$1,686
16 years$3,292$2,786$2,348$1,971$1,648$1,478
17 years$3,066$2,566$2,136$1,771$1,461$1,300
18 years$2,865$2,371$1,950$1,596$1,299$1,146
19 years$2,686$2,198$1,785$1,442$1,158$1,013
20 years$2,525$2,042$1,639$1,306$1,034$897
21 years$2,380$1,902$1,507$1,185$926$796
22 years$2,248$1,776$1,389$1,078$830$707
23 years$2,127$1,661$1,283$981$745$629
24 years$2,017$1,556$1,186$895$669$560
25 years$1,916$1,460$1,099$817$602$500
26 years$1,822$1,372$1,019$747$543$446
27 years$1,736$1,292$946$684$489$398
28 years$1,656$1,217$880$627$441$356
29 years$1,582$1,148$819$575$399$319
30 years$1,512$1,084$762$527$360$285
31 years$1,448$1,025$711$484$326$255
32 years$1,387$970$663$445$295$229
33 years$1,331$918$619$409$267$205
34 years$1,277$870$579$377$241$184
35 years$1,227$826$541$347$219$165
36 years$1,180$784$506$319$198$148
37 years$1,136$744$474$294$180$133
38 years$1,093$707$444$271$163$119
39 years$1,054$673$416$250$148$107
40 years$1,016$640$389$231$134$96
41 years$980$609$365$213$121$86
42 years$946$580$343$196$110$77
43 years$914$553$321$181$100$69
44 years$883$527$302$167$91$62
45 years$853$502$283$155$82$56
46 years$825$479$266$143$75$50
47 years$799$457$250$132$68$45
48 years$773$437$235$122$62$41
49 years$749$417$221$113$56$37
50 years$725$398$208$104$51$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $743,000, adding $6,477 every year, while hoping to spend $57,134 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: 72/14/14 Blend
34$743,000$743,000$743,000$743,000
35$825,467$786,088$774,572$881,908
36$848,875$763,816$739,730$897,903
37$872,755$738,538$701,805$907,814
38$897,095$710,046$660,636$917,153
39$921,882$678,121$616,049$925,853
40$947,094$642,530$567,868$933,838
41$972,711$603,026$515,904$941,027
42$998,704$559,352$459,964$947,334
43$1,025,042$511,230$399,843$952,661
44$1,051,688$458,372$335,329$956,908
45$1,078,597$400,469$266,199$959,961
46$1,105,719$337,197$192,223$961,700
47$1,132,997$268,214$113,156$961,995
48$1,160,364$193,158$28,748$960,702
49$1,187,743$111,645$0$957,667
50$1,215,050$23,273$0$961,885
51$1,242,186$0$0$969,190
52$1,269,041$0$0$986,283
53$1,295,489$0$0$1,006,619
54$1,321,391$0$0$1,026,500
55$1,346,589$0$0$1,045,802
56$1,370,905$0$0$1,064,382
57$1,394,140$0$0$1,082,082
58$1,416,073$0$0$1,098,726
59$1,436,454$0$0$1,114,114
60$1,455,006$0$0$1,128,027
61$1,471,420$0$0$1,140,218
62$1,485,350$0$0$1,150,412
63$1,496,412$0$0$1,158,303
64$1,504,178$0$0$1,163,551
65$1,508,173$0$0$1,165,778
66$1,507,868$0$0$1,164,564
67$1,502,677$0$0$1,159,443
68$1,491,949$0$0$1,149,896
69$1,474,960$0$0$1,135,349
70$1,450,909$0$0$1,115,165
71$1,418,909$0$0$1,088,639
72$1,377,974$0$0$1,054,989
73$1,327,016$0$0$1,013,349
74$1,264,828$0$0$962,760
75$1,190,073$0$0$902,162
76$1,101,276$0$0$830,380
77$996,800$0$0$746,117
78$874,838$0$0$647,937
79$733,391$0$0$534,252
80$570,250$0$0$403,309
81$382,974$0$0$253,169
82$168,864$0$0$81,688
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0