Can I retire at age 35 with 748,000?

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 $748,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$61,769$61,219$60,682$60,158$59,647$57,507
2 years$30,579$30,009$29,457$28,922$28,403$26,271
3 years$20,183$19,611$19,061$18,531$18,020$15,962
4 years$14,987$14,416$13,871$13,350$12,852$10,884
5 years$11,869$11,303$10,765$10,254$9,770$7,897
6 years$9,792$9,229$8,700$8,200$7,731$5,954
7 years$8,309$7,751$7,229$6,742$6,287$4,606
8 years$7,197$6,644$6,131$5,656$5,216$3,630
9 years$6,332$5,785$5,281$4,817$4,392$2,899
10 years$5,641$5,099$4,604$4,153$3,743$2,339
11 years$5,076$4,539$4,053$3,614$3,219$1,902
12 years$4,605$4,074$3,597$3,170$2,789$1,556
13 years$4,208$3,682$3,214$2,799$2,432$1,280
14 years$3,867$3,347$2,888$2,484$2,132$1,057
15 years$3,572$3,057$2,607$2,216$1,877$875
16 years$3,314$2,805$2,364$1,984$1,659$727
17 years$3,087$2,583$2,151$1,782$1,471$605
18 years$2,885$2,387$1,963$1,606$1,308$504
19 years$2,704$2,212$1,797$1,451$1,166$421
20 years$2,542$2,056$1,650$1,315$1,041$352
21 years$2,396$1,915$1,517$1,193$932$294
22 years$2,263$1,788$1,398$1,085$835$247
23 years$2,141$1,672$1,291$988$750$207
24 years$2,030$1,566$1,194$901$674$173
25 years$1,928$1,470$1,106$823$606$145
26 years$1,834$1,382$1,026$752$546$122
27 years$1,748$1,300$953$689$493$102
28 years$1,667$1,225$886$631$444$86
29 years$1,592$1,156$824$579$401$72
30 years$1,523$1,092$768$531$363$61
31 years$1,458$1,032$716$488$328$51
32 years$1,397$976$668$448$297$43
33 years$1,340$925$623$412$268$36
34 years$1,286$876$582$379$243$30
35 years$1,236$831$545$349$220$25
36 years$1,188$789$509$322$199$21
37 years$1,143$749$477$296$181$18
38 years$1,101$712$447$273$164$15
39 years$1,061$677$418$252$149$13
40 years$1,023$644$392$232$135$11
41 years$987$613$368$214$122$9
42 years$952$584$345$198$111$8
43 years$920$556$324$183$101$6
44 years$889$530$304$169$91$5
45 years$859$506$285$156$83$4
46 years$831$483$268$144$75$4
47 years$804$460$252$133$68$3
48 years$778$440$237$123$62$3
49 years$754$420$222$113$56$2
50 years$730$401$209$105$51$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $748,000, adding $5,116 every year, while hoping to spend $55,532 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: 40/30/30 Blend
34$748,000$748,000$748,000$748,000
35$829,573$789,929$778,335$855,243
36$855,104$769,550$745,324$854,068
37$881,378$746,311$709,345$847,303
38$908,412$720,014$670,242$838,946
39$936,223$690,448$627,848$828,886
40$964,828$657,390$581,991$817,008
41$994,244$620,605$532,491$803,189
42$1,024,486$579,845$479,160$787,299
43$1,055,572$534,845$421,800$769,203
44$1,087,516$485,329$360,206$748,755
45$1,120,333$431,000$294,163$725,804
46$1,154,037$371,549$223,447$700,187
47$1,188,641$306,647$147,824$671,735
48$1,224,156$235,946$67,051$640,269
49$1,260,594$159,081$0$605,598
50$1,297,962$75,664$0$573,652
51$1,336,269$0$0$561,394
52$1,375,520$0$0$552,060
53$1,415,718$0$0$568,069
54$1,456,862$0$0$584,442
55$1,498,950$0$0$601,176
56$1,541,976$0$0$618,266
57$1,585,930$0$0$635,705
58$1,630,798$0$0$653,487
59$1,676,559$0$0$671,599
60$1,723,191$0$0$690,030
61$1,770,660$0$0$708,764
62$1,818,930$0$0$727,782
63$1,867,955$0$0$747,061
64$1,917,681$0$0$766,575
65$1,968,044$0$0$786,295
66$2,018,968$0$0$806,184
67$2,070,367$0$0$826,202
68$2,122,141$0$0$846,302
69$2,174,175$0$0$866,430
70$2,226,337$0$0$886,527
71$2,278,477$0$0$906,523
72$2,330,425$0$0$926,340
73$2,381,987$0$0$945,889
74$2,432,944$0$0$965,073
75$2,483,052$0$0$983,778
76$2,532,031$0$0$1,001,879
77$2,579,571$0$0$1,019,236
78$2,625,322$0$0$1,035,692
79$2,668,893$0$0$1,051,069
80$2,709,846$0$0$1,065,171
81$2,747,690$0$0$1,077,779
82$2,781,880$0$0$1,088,648
83$2,811,806$0$0$1,097,505
84$2,836,789$0$0$1,104,046
85$2,856,073$0$0$1,107,935
86$2,868,817$0$0$1,108,795
87$2,874,085$0$0$1,106,210
88$2,870,839$0$0$1,099,718
89$2,857,925$0$0$1,088,804
90$2,834,064$0$0$1,072,900
91$2,797,834$0$0$1,051,375
92$2,747,662$0$0$1,023,529
93$2,681,803$0$0$988,588
94$2,598,323$0$0$945,693
95$2,495,082$0$0$893,895
96$2,369,709$0$0$832,144
97$2,219,583$0$0$759,277
98$2,041,801$0$0$674,009
99$1,833,154$0$0$574,917
100$1,590,092$0$0$460,432