Can I retire at age 35 with 745,000?

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 $745,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$61,521$60,973$60,439$59,917$59,407$57,460
2 years$30,456$29,889$29,339$28,806$28,289$26,346
3 years$20,102$19,533$18,984$18,456$17,948$16,069
4 years$14,927$14,359$13,816$13,297$12,801$11,001
5 years$11,822$11,257$10,722$10,213$9,731$8,016
6 years$9,753$9,192$8,665$8,168$7,700$6,070
7 years$8,275$7,720$7,200$6,715$6,262$4,718
8 years$7,168$6,617$6,106$5,633$5,195$3,735
9 years$6,307$5,762$5,260$4,798$4,375$2,998
10 years$5,619$5,079$4,585$4,136$3,728$2,431
11 years$5,056$4,521$4,037$3,600$3,206$1,987
12 years$4,587$4,058$3,583$3,157$2,778$1,635
13 years$4,191$3,667$3,201$2,787$2,423$1,352
14 years$3,851$3,333$2,876$2,474$2,124$1,122
15 years$3,558$3,045$2,597$2,207$1,870$935
16 years$3,301$2,794$2,354$1,976$1,653$781
17 years$3,074$2,573$2,142$1,775$1,465$654
18 years$2,873$2,378$1,956$1,600$1,303$548
19 years$2,694$2,203$1,790$1,446$1,161$460
20 years$2,532$2,048$1,643$1,309$1,037$387
21 years$2,386$1,907$1,511$1,188$928$326
22 years$2,254$1,780$1,393$1,080$832$275
23 years$2,133$1,665$1,286$984$747$232
24 years$2,022$1,560$1,189$897$671$195
25 years$1,921$1,464$1,102$820$604$165
26 years$1,827$1,376$1,022$749$544$139
27 years$1,741$1,295$949$686$491$118
28 years$1,660$1,220$882$628$443$100
29 years$1,586$1,151$821$576$400$84
30 years$1,516$1,087$764$529$361$71
31 years$1,452$1,028$713$486$327$60
32 years$1,391$972$665$446$295$51
33 years$1,334$921$621$411$267$43
34 years$1,281$873$580$378$242$36
35 years$1,231$828$542$348$219$31
36 years$1,183$786$507$320$199$26
37 years$1,139$746$475$295$180$22
38 years$1,096$709$445$272$163$19
39 years$1,056$674$417$251$148$16
40 years$1,019$642$391$231$134$13
41 years$983$611$366$213$122$11
42 years$948$582$343$197$110$10
43 years$916$554$322$182$100$8
44 years$885$528$303$168$91$7
45 years$856$504$284$155$83$6
46 years$828$481$267$143$75$5
47 years$801$459$251$132$68$4
48 years$775$438$236$122$62$4
49 years$751$418$221$113$56$3
50 years$727$399$208$104$51$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $745,000, adding $3,944 every year, while hoping to spend $33,380 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: 36/36/28 Blend
34$745,000$745,000$745,000$745,000
35$825,058$785,573$774,026$847,709
36$873,698$788,550$764,440$867,879
37$926,181$790,554$753,413$886,337
38$982,862$791,503$740,864$905,624
39$1,044,135$791,307$726,704$925,837
40$1,110,430$789,874$710,841$947,084
41$1,182,220$787,105$693,181$969,489
42$1,260,026$782,893$673,623$993,189
43$1,344,422$777,127$652,061$1,018,339
44$1,436,035$769,689$628,388$1,045,113
45$1,535,559$760,452$602,488$1,073,705
46$1,643,756$749,284$574,241$1,104,331
47$1,761,463$736,043$543,522$1,137,236
48$1,889,603$720,580$510,200$1,172,689
49$2,029,190$702,735$474,140$1,210,996
50$2,181,340$682,343$435,196$1,252,493
51$2,347,283$659,223$393,221$1,297,558
52$2,528,371$633,190$348,059$1,346,613
53$2,726,091$604,043$299,546$1,400,124
54$2,942,084$571,573$247,512$1,458,614
55$3,178,153$535,556$191,780$1,522,663
56$3,436,285$495,758$132,164$1,592,916
57$3,718,665$451,930$68,471$1,670,092
58$4,027,702$403,808$499$1,754,987
59$4,366,048$351,115$0$1,848,488
60$4,736,622$293,556$0$1,973,102
61$5,142,640$230,822$0$2,109,955
62$5,587,642$162,586$0$2,260,179
63$6,075,528$88,499$0$2,425,190
64$6,610,594$8,198$0$2,606,553
65$7,197,571$0$0$2,806,000
66$7,841,670$0$0$3,056,620
67$8,548,630$0$0$3,335,374
68$9,324,774$0$0$3,641,520
69$10,177,066$0$0$3,977,821
70$11,113,179$0$0$4,347,317
71$12,141,563$0$0$4,753,361
72$13,271,531$0$0$5,199,643
73$14,513,338$0$0$5,690,231
74$15,878,286$0$0$6,229,607
75$17,378,822$0$0$6,822,707
76$19,028,663$0$0$7,474,969
77$20,842,920$0$0$8,192,388
78$22,838,241$0$0$8,981,564
79$25,032,969$0$0$9,849,774
80$27,447,314$0$0$10,805,031
81$30,103,542$0$0$11,856,169
82$33,026,190$0$0$13,012,916
83$36,242,288$0$0$14,285,996
84$39,781,622$0$0$15,687,221
85$43,677,010$0$0$17,229,609
86$47,964,615$0$0$18,927,502
87$52,684,280$0$0$20,796,706
88$57,879,911$0$0$22,854,634
89$63,599,883$0$0$25,120,476
90$69,897,504$0$0$27,615,376
91$76,831,511$0$0$30,362,633
92$84,466,627$0$0$33,387,920
93$92,874,171$0$0$36,719,528
94$102,132,732$0$0$40,388,630
95$112,328,905$0$0$44,429,578
96$123,558,115$0$0$48,880,224
97$135,925,512$0$0$53,782,278
98$149,546,964$0$0$59,181,705
99$164,550,151$0$0$65,129,152
100$181,075,770$0$0$71,680,433