Can I retire at age 35 with 747,000?

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 $747,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$61,687$61,137$60,601$60,078$59,567$58,580
2 years$30,538$29,969$29,418$28,884$28,365$27,374
3 years$20,156$19,585$19,035$18,506$17,996$17,031
4 years$14,967$14,397$13,853$13,333$12,835$11,904
5 years$11,854$11,288$10,750$10,241$9,757$8,862
6 years$9,779$9,217$8,688$8,190$7,720$6,863
7 years$8,298$7,741$7,220$6,733$6,279$5,459
8 years$7,187$6,635$6,123$5,648$5,209$4,427
9 years$6,324$5,777$5,274$4,811$4,387$3,642
10 years$5,634$5,092$4,598$4,147$3,738$3,029
11 years$5,069$4,533$4,048$3,609$3,214$2,542
12 years$4,599$4,069$3,592$3,166$2,786$2,148
13 years$4,202$3,677$3,209$2,795$2,429$1,826
14 years$3,862$3,342$2,884$2,481$2,129$1,559
15 years$3,567$3,053$2,604$2,213$1,875$1,336
16 years$3,309$2,801$2,361$1,981$1,657$1,149
17 years$3,082$2,580$2,148$1,780$1,469$991
18 years$2,881$2,384$1,961$1,604$1,306$857
19 years$2,701$2,209$1,795$1,450$1,164$742
20 years$2,539$2,053$1,647$1,313$1,040$644
21 years$2,392$1,912$1,515$1,191$931$559
22 years$2,260$1,785$1,397$1,083$834$486
23 years$2,139$1,670$1,289$987$749$424
24 years$2,028$1,564$1,193$900$673$369
25 years$1,926$1,468$1,105$822$606$322
26 years$1,832$1,380$1,024$751$546$281
27 years$1,745$1,298$951$688$492$246
28 years$1,665$1,224$884$630$444$215
29 years$1,590$1,154$823$578$401$188
30 years$1,521$1,090$767$530$362$164
31 years$1,456$1,030$715$487$327$144
32 years$1,395$975$667$448$296$126
33 years$1,338$923$623$412$268$110
34 years$1,284$875$582$379$243$96
35 years$1,234$830$544$349$220$84
36 years$1,186$788$509$321$199$74
37 years$1,142$748$476$296$180$65
38 years$1,099$711$446$273$164$57
39 years$1,059$676$418$251$148$50
40 years$1,021$643$392$232$135$44
41 years$985$612$367$214$122$38
42 years$951$583$344$197$111$34
43 years$919$556$323$182$101$29
44 years$888$530$303$168$91$26
45 years$858$505$285$155$83$23
46 years$830$482$268$144$75$20
47 years$803$460$251$133$68$17
48 years$777$439$236$123$62$15
49 years$753$419$222$113$56$13
50 years$729$400$209$105$51$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $747,000, adding $2,022 every year, while hoping to spend $34,010 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: 34/44/22 Blend
34$747,000$747,000$747,000$747,000
35$825,280$785,689$774,110$847,735
36$873,272$788,001$763,857$866,887
37$925,019$789,287$752,119$884,273
38$980,869$789,460$738,813$902,328
39$1,041,203$788,429$723,849$921,133
40$1,106,440$786,096$707,132$940,778
41$1,177,041$782,358$688,565$961,366
42$1,253,511$777,106$668,044$983,013
43$1,336,409$770,224$645,463$1,005,849
44$1,426,346$761,589$620,710$1,030,023
45$1,523,996$751,069$593,666$1,055,699
46$1,630,099$738,527$564,209$1,083,063
47$1,745,471$723,816$532,212$1,112,324
48$1,871,007$706,781$497,539$1,143,716
49$2,007,694$687,258$460,051$1,177,500
50$2,156,617$665,071$419,601$1,213,969
51$2,318,970$640,039$376,036$1,253,453
52$2,496,069$611,964$329,197$1,296,315
53$2,689,359$580,642$278,916$1,342,967
54$2,900,434$545,853$225,020$1,393,864
55$3,131,046$507,368$167,326$1,449,515
56$3,383,126$464,942$105,645$1,510,489
57$3,658,799$418,318$39,777$1,577,417
58$3,960,403$367,223$0$1,651,003
59$4,290,517$311,369$0$1,739,193
60$4,651,976$250,452$0$1,846,127
61$5,047,904$184,151$0$1,963,478
62$5,481,741$112,126$0$2,092,379
63$5,957,277$34,018$0$2,234,084
64$6,478,685$0$0$2,389,980
65$7,050,559$0$0$2,586,080
66$7,677,963$0$0$2,819,404
67$8,366,471$0$0$3,075,567
68$9,122,226$0$0$3,356,869
69$9,951,993$0$0$3,665,843
70$10,863,225$0$0$4,005,280
71$11,864,130$0$0$4,378,253
72$12,963,752$0$0$4,788,149
73$14,172,054$0$0$5,238,698
74$15,500,012$0$0$5,734,012
75$16,959,717$0$0$6,278,618
76$18,564,492$0$0$6,877,506
77$20,329,013$0$0$7,536,172
78$22,269,449$0$0$8,260,673
79$24,403,616$0$0$9,057,680
80$26,751,144$0$0$9,934,547
81$29,333,657$0$0$10,899,373
82$32,174,984$0$0$11,961,084
83$35,301,379$0$0$13,129,513
84$38,741,770$0$0$14,415,497
85$42,528,030$0$0$15,830,974
86$46,695,278$0$0$17,389,101
87$51,282,212$0$0$19,104,372
88$56,331,469$0$0$20,992,761
89$61,890,032$0$0$23,071,868
90$68,009,670$0$0$25,361,086
91$74,747,427$0$0$27,881,784
92$82,166,160$0$0$30,657,510
93$90,335,130$0$0$33,714,212
94$99,330,657$0$0$37,080,481
95$109,236,841$0$0$40,787,823
96$120,146,351$0$0$44,870,955
97$132,161,303$0$0$49,368,135
98$145,394,220$0$0$54,321,517
99$159,969,098$0$0$59,777,557
100$176,022,570$0$0$65,787,442