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%14.2%
1 years$61,521$60,973$60,439$59,917$59,407$58,375
2 years$30,456$29,889$29,339$28,806$28,289$27,253
3 years$20,102$19,533$18,984$18,456$17,948$16,939
4 years$14,927$14,359$13,816$13,297$12,801$11,828
5 years$11,822$11,257$10,722$10,213$9,731$8,796
6 years$9,753$9,192$8,665$8,168$7,700$6,805
7 years$8,275$7,720$7,200$6,715$6,262$5,407
8 years$7,168$6,617$6,106$5,633$5,195$4,379
9 years$6,307$5,762$5,260$4,798$4,375$3,598
10 years$5,619$5,079$4,585$4,136$3,728$2,990
11 years$5,056$4,521$4,037$3,600$3,206$2,505
12 years$4,587$4,058$3,583$3,157$2,778$2,114
13 years$4,191$3,667$3,201$2,787$2,423$1,795
14 years$3,851$3,333$2,876$2,474$2,124$1,530
15 years$3,558$3,045$2,597$2,207$1,870$1,310
16 years$3,301$2,794$2,354$1,976$1,653$1,125
17 years$3,074$2,573$2,142$1,775$1,465$969
18 years$2,873$2,378$1,956$1,600$1,303$836
19 years$2,694$2,203$1,790$1,446$1,161$723
20 years$2,532$2,048$1,643$1,309$1,037$626
21 years$2,386$1,907$1,511$1,188$928$543
22 years$2,254$1,780$1,393$1,080$832$472
23 years$2,133$1,665$1,286$984$747$410
24 years$2,022$1,560$1,189$897$671$357
25 years$1,921$1,464$1,102$820$604$311
26 years$1,827$1,376$1,022$749$544$271
27 years$1,741$1,295$949$686$491$236
28 years$1,660$1,220$882$628$443$206
29 years$1,586$1,151$821$576$400$180
30 years$1,516$1,087$764$529$361$157
31 years$1,452$1,028$713$486$327$137
32 years$1,391$972$665$446$295$120
33 years$1,334$921$621$411$267$105
34 years$1,281$873$580$378$242$92
35 years$1,231$828$542$348$219$80
36 years$1,183$786$507$320$199$70
37 years$1,139$746$475$295$180$61
38 years$1,096$709$445$272$163$54
39 years$1,056$674$417$251$148$47
40 years$1,019$642$391$231$134$41
41 years$983$611$366$213$122$36
42 years$948$582$343$197$110$31
43 years$916$554$322$182$100$28
44 years$885$528$303$168$91$24
45 years$856$504$284$155$83$21
46 years$828$481$267$143$75$18
47 years$801$459$251$132$68$16
48 years$775$438$236$122$62$14
49 years$751$418$221$113$56$12
50 years$727$399$208$104$51$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $745,000, adding $5,798 every year, while hoping to spend $38,412 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: 60/19/21 Blend
34$745,000$745,000$745,000$745,000
35$826,971$787,486$775,938$871,689
36$870,452$785,202$761,062$900,388
37$917,080$781,520$744,400$926,968
38$967,137$776,329$725,852$955,108
39$1,020,930$769,514$705,313$984,966
40$1,078,796$760,952$682,673$1,016,717
41$1,141,108$750,513$657,817$1,050,555
42$1,208,272$738,059$630,624$1,086,697
43$1,280,736$723,444$600,971$1,125,382
44$1,358,992$706,514$568,724$1,166,875
45$1,443,580$687,104$533,747$1,211,473
46$1,535,094$665,041$495,896$1,259,502
47$1,634,187$640,141$455,022$1,311,324
48$1,741,576$612,210$410,968$1,367,343
49$1,858,052$581,043$363,570$1,428,002
50$1,984,481$546,422$312,658$1,493,796
51$2,121,819$508,118$258,052$1,565,272
52$2,271,115$465,886$199,568$1,643,035
53$2,433,524$419,470$137,009$1,727,756
54$2,610,318$368,599$70,174$1,820,177
55$2,802,896$312,985$0$1,921,119
56$3,012,795$252,326$0$2,031,751
57$3,241,711$186,300$0$2,169,616
58$3,491,506$114,570$0$2,320,140
59$3,764,234$36,777$0$2,484,607
60$4,062,152$0$0$2,664,436
61$4,387,748$0$0$2,871,113
62$4,743,760$0$0$3,105,561
63$5,133,201$0$0$3,362,082
64$5,559,391$0$0$3,642,871
65$6,025,984$0$0$3,950,343
66$6,537,005$0$0$4,287,158
67$7,096,886$0$0$4,656,246
68$7,710,508$0$0$5,060,832
69$8,383,246$0$0$5,504,469
70$9,121,020$0$0$5,991,072
71$9,930,352$0$0$6,524,950
72$10,818,424$0$0$7,110,852
73$11,793,148$0$0$7,754,007
74$12,863,237$0$0$8,460,176
75$14,038,292$0$0$9,235,705
76$15,328,888$0$0$10,087,584
77$16,746,672$0$0$11,023,516
78$18,304,479$0$0$12,051,982
79$20,016,447$0$0$13,182,330
80$21,898,150$0$0$14,424,857
81$23,966,747$0$0$15,790,906
82$26,241,143$0$0$17,292,976
83$28,742,166$0$0$18,944,836
84$31,492,763$0$0$20,761,657
85$34,518,216$0$0$22,760,153
86$37,846,380$0$0$24,958,742
87$41,507,947$0$0$27,377,714
88$45,536,734$0$0$30,039,426
89$49,969,998$0$0$32,968,512
90$54,848,793$0$0$36,192,115
91$60,218,354$0$0$39,740,141
92$66,128,523$0$0$43,645,542
93$72,634,217$0$0$47,944,630
94$79,795,950$0$0$52,677,413
95$87,680,401$0$0$57,887,977
96$96,361,042$0$0$63,624,898
97$105,918,832$0$0$69,941,704
98$116,442,978$0$0$76,897,377
99$128,031,780$0$0$84,556,910
100$140,793,557$0$0$92,991,918