Can I retire at age 35 with 743,000?

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 $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%18.6%
1 years$61,356$60,810$60,277$59,756$59,248$57,191
2 years$30,374$29,809$29,260$28,729$28,213$26,162
3 years$20,048$19,480$18,933$18,407$17,900$15,919
4 years$14,886$14,320$13,779$13,261$12,766$10,871
5 years$11,790$11,227$10,693$10,186$9,705$7,900
6 years$9,727$9,168$8,641$8,146$7,679$5,966
7 years$8,253$7,699$7,181$6,697$6,245$4,624
8 years$7,149$6,600$6,090$5,618$5,181$3,650
9 years$6,290$5,746$5,245$4,785$4,363$2,920
10 years$5,603$5,065$4,573$4,125$3,718$2,361
11 years$5,042$4,509$4,026$3,590$3,197$1,924
12 years$4,575$4,047$3,573$3,149$2,771$1,577
13 years$4,179$3,657$3,192$2,780$2,416$1,300
14 years$3,841$3,324$2,868$2,468$2,118$1,075
15 years$3,548$3,037$2,590$2,201$1,865$892
16 years$3,292$2,786$2,348$1,971$1,648$743
17 years$3,066$2,566$2,136$1,771$1,461$619
18 years$2,865$2,371$1,950$1,596$1,299$518
19 years$2,686$2,198$1,785$1,442$1,158$433
20 years$2,525$2,042$1,639$1,306$1,034$363
21 years$2,380$1,902$1,507$1,185$926$304
22 years$2,248$1,776$1,389$1,078$830$255
23 years$2,127$1,661$1,283$981$745$215
24 years$2,017$1,556$1,186$895$669$180
25 years$1,916$1,460$1,099$817$602$152
26 years$1,822$1,372$1,019$747$543$128
27 years$1,736$1,292$946$684$489$107
28 years$1,656$1,217$880$627$441$90
29 years$1,582$1,148$819$575$399$76
30 years$1,512$1,084$762$527$360$64
31 years$1,448$1,025$711$484$326$54
32 years$1,387$970$663$445$295$45
33 years$1,331$918$619$409$267$38
34 years$1,277$870$579$377$241$32
35 years$1,227$826$541$347$219$27
36 years$1,180$784$506$319$198$23
37 years$1,136$744$474$294$180$19
38 years$1,093$707$444$271$163$16
39 years$1,054$673$416$250$148$14
40 years$1,016$640$389$231$134$12
41 years$980$609$365$213$121$10
42 years$946$580$343$196$110$8
43 years$914$553$321$181$100$7
44 years$883$527$302$167$91$6
45 years$853$502$283$155$82$5
46 years$825$479$266$143$75$4
47 years$799$457$250$132$68$4
48 years$773$437$235$122$62$3
49 years$749$417$221$113$56$2
50 years$725$398$208$104$51$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $743,000, adding $4,267 every year, while hoping to spend $24,058 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: 69/20/11 Blend
34$743,000$743,000$743,000$743,000
35$823,187$783,808$772,292$877,807
36$881,555$796,617$772,566$927,423
37$945,070$809,248$772,043$978,376
38$1,014,231$821,665$770,671$1,033,484
39$1,089,589$833,834$768,395$1,093,151
40$1,171,749$845,713$765,158$1,157,822
41$1,261,376$857,262$760,899$1,227,988
42$1,359,204$868,435$755,557$1,304,190
43$1,466,039$879,184$749,064$1,387,024
44$1,582,769$889,458$741,352$1,477,146
45$1,710,372$899,202$732,348$1,575,280
46$1,849,924$908,358$721,976$1,682,224
47$2,002,612$916,863$710,158$1,798,858
48$2,169,739$924,650$696,809$1,926,149
49$2,352,744$931,649$681,843$2,065,168
50$2,553,209$937,785$665,170$2,217,090
51$2,772,876$942,976$646,693$2,383,213
52$3,013,665$947,137$626,313$2,564,968
53$3,277,690$950,179$603,925$2,763,932
54$3,567,280$952,003$579,422$2,981,842
55$3,884,999$952,507$552,689$3,220,613
56$4,233,671$951,583$523,607$3,482,359
57$4,616,409$949,113$492,051$3,769,405
58$5,036,639$944,977$457,892$4,084,319
59$5,498,138$939,042$420,993$4,429,927
60$6,005,064$931,171$381,212$4,809,347
61$6,561,999$921,217$338,401$5,226,017
62$7,173,991$909,025$292,405$5,683,723
63$7,846,600$894,429$243,063$6,186,641
64$8,585,953$877,255$190,205$6,739,374
65$9,398,797$857,318$133,654$7,346,994
66$10,292,570$834,422$73,227$8,015,094
67$11,275,463$808,360$8,731$8,749,838
68$12,356,502$778,912$0$9,558,020
69$13,545,633$745,845$0$10,454,182
70$14,853,810$708,914$0$11,441,079
71$16,293,107$667,860$0$12,526,810
72$17,876,825$622,406$0$13,721,429
73$19,619,619$572,262$0$15,036,022
74$21,537,639$517,121$0$16,482,801
75$23,648,676$456,658$0$18,075,228
76$25,972,336$390,529$0$19,828,138
77$28,530,221$318,372$0$21,757,882
78$31,346,135$239,804$0$23,882,477
79$34,446,306$154,419$0$26,221,783
80$37,859,635$61,791$0$28,797,685
81$41,617,967$0$0$31,634,304
82$45,756,393$0$0$34,766,701
83$50,313,581$0$0$38,231,091
84$55,332,138$0$0$42,046,271
85$60,859,015$0$0$46,247,942
86$66,945,947$0$0$50,875,440
87$73,649,946$0$0$55,972,116
88$81,033,830$0$0$61,585,734
89$89,166,826$0$0$67,768,933
90$98,125,216$0$0$74,579,713
91$107,993,057$0$0$82,081,991
92$118,862,978$0$0$90,346,198
93$130,837,053$0$0$99,449,948
94$144,027,760$0$0$109,478,765
95$158,559,047$0$0$120,526,898
96$174,567,499$0$0$132,698,200
97$192,203,629$0$0$146,107,119
98$211,633,298$0$0$160,879,769
99$233,039,277$0$0$177,155,126
100$256,622,976$0$0$195,086,336