Can I retire at age 35 with 744,000?

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 $744,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$61,439$60,892$60,358$59,836$59,328$56,996
2 years$30,415$29,849$29,300$28,768$28,251$25,931
3 years$20,075$19,507$18,959$18,432$17,924$15,688
4 years$14,907$14,339$13,797$13,279$12,783$10,648
5 years$11,806$11,242$10,707$10,200$9,718$7,689
6 years$9,740$9,180$8,653$8,157$7,689$5,769
7 years$8,264$7,709$7,191$6,706$6,253$4,440
8 years$7,158$6,608$6,098$5,626$5,188$3,480
9 years$6,298$5,754$5,252$4,792$4,369$2,764
10 years$5,611$5,072$4,579$4,130$3,723$2,217
11 years$5,049$4,515$4,031$3,595$3,202$1,793
12 years$4,581$4,052$3,578$3,153$2,774$1,458
13 years$4,185$3,662$3,197$2,784$2,419$1,192
14 years$3,846$3,329$2,872$2,471$2,121$978
15 years$3,553$3,041$2,593$2,204$1,867$805
16 years$3,296$2,790$2,351$1,973$1,650$664
17 years$3,070$2,570$2,139$1,773$1,463$549
18 years$2,869$2,374$1,953$1,598$1,301$454
19 years$2,690$2,201$1,788$1,444$1,160$377
20 years$2,529$2,045$1,641$1,308$1,036$313
21 years$2,383$1,905$1,509$1,187$927$260
22 years$2,251$1,778$1,391$1,079$831$216
23 years$2,130$1,663$1,284$983$746$180
24 years$2,020$1,558$1,188$896$670$150
25 years$1,918$1,462$1,100$818$603$125
26 years$1,825$1,374$1,020$748$543$104
27 years$1,738$1,293$947$685$490$87
28 years$1,658$1,219$881$628$442$72
29 years$1,584$1,150$820$576$399$60
30 years$1,514$1,086$763$528$361$50
31 years$1,450$1,026$712$485$326$42
32 years$1,389$971$664$446$295$35
33 years$1,332$920$620$410$267$29
34 years$1,279$872$579$377$242$24
35 years$1,229$827$542$347$219$20
36 years$1,182$785$507$320$198$17
37 years$1,137$745$474$295$180$14
38 years$1,095$708$444$272$163$12
39 years$1,055$674$416$250$148$10
40 years$1,017$641$390$231$134$8
41 years$981$610$366$213$122$7
42 years$947$581$343$197$110$6
43 years$915$553$322$182$100$5
44 years$884$528$302$168$91$4
45 years$855$503$284$155$83$3
46 years$827$480$266$143$75$3
47 years$800$458$250$132$68$2
48 years$774$437$235$122$62$2
49 years$750$418$221$113$56$2
50 years$726$399$208$104$51$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $744,000, adding $2,417 every year, while hoping to spend $49,018 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: 45/45/10 Blend
34$744,000$744,000$744,000$744,000
35$822,381$782,949$771,417$856,958
36$854,109$769,159$745,105$867,359
37$887,431$753,050$716,268$873,416
38$922,456$734,457$684,771$878,874
39$959,307$713,205$650,470$883,696
40$998,113$689,109$613,218$887,844
41$1,039,017$661,972$572,857$891,280
42$1,082,175$631,587$529,227$893,966
43$1,127,756$597,734$482,155$895,866
44$1,175,946$560,182$431,465$896,943
45$1,226,945$518,683$376,972$897,162
46$1,280,974$472,980$318,482$896,491
47$1,338,274$422,796$255,792$894,898
48$1,399,108$367,843$188,690$892,354
49$1,463,763$307,813$116,958$888,836
50$1,532,554$242,384$40,363$884,323
51$1,605,826$171,212$0$878,799
52$1,683,956$93,937$0$876,671
53$1,767,356$10,176$0$878,404
54$1,856,480$0$0$879,721
55$1,951,823$0$0$920,515
56$2,053,930$0$0$969,657
57$2,163,397$0$0$1,022,401
58$2,280,878$0$0$1,079,072
59$2,407,092$0$0$1,140,023
60$2,542,827$0$0$1,205,644
61$2,688,949$0$0$1,276,362
62$2,846,408$0$0$1,352,648
63$3,016,248$0$0$1,435,017
64$3,199,617$0$0$1,524,036
65$3,397,774$0$0$1,620,328
66$3,612,104$0$0$1,724,579
67$3,844,130$0$0$1,837,541
68$4,095,527$0$0$1,960,042
69$4,368,133$0$0$2,092,994
70$4,663,974$0$0$2,237,396
71$4,985,274$0$0$2,394,352
72$5,334,483$0$0$2,565,072
73$5,714,294$0$0$2,750,891
74$6,127,669$0$0$2,953,275
75$6,577,870$0$0$3,173,838
76$7,068,485$0$0$3,414,358
77$7,603,462$0$0$3,676,790
78$8,187,147$0$0$3,963,286
79$8,824,325$0$0$4,276,215
80$9,520,260$0$0$4,618,187
81$10,280,750$0$0$4,992,073
82$11,112,177$0$0$5,401,033
83$12,021,568$0$0$5,848,551
84$13,016,659$0$0$6,338,459
85$14,105,969$0$0$6,874,978
86$15,298,879$0$0$7,462,757
87$16,605,721$0$0$8,106,915
88$18,037,870$0$0$8,813,090
89$19,607,858$0$0$9,587,492
90$21,329,483$0$0$10,436,961
91$23,217,944$0$0$11,369,029
92$25,289,984$0$0$12,391,994
93$27,564,042$0$0$13,514,996
94$30,060,430$0$0$14,748,103
95$32,801,523$0$0$16,102,407
96$35,811,967$0$0$17,590,124
97$39,118,914$0$0$19,224,715
98$42,752,275$0$0$21,021,006
99$46,745,000$0$0$22,995,333
100$51,133,391$0$0$25,165,693