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%11.2%
1 years$61,769$61,219$60,682$60,158$59,647$59,345
2 years$30,579$30,009$29,457$28,922$28,403$28,099
3 years$20,183$19,611$19,061$18,531$18,020$17,723
4 years$14,987$14,416$13,871$13,350$12,852$12,564
5 years$11,869$11,303$10,765$10,254$9,770$9,491
6 years$9,792$9,229$8,700$8,200$7,731$7,462
7 years$8,309$7,751$7,229$6,742$6,287$6,029
8 years$7,197$6,644$6,131$5,656$5,216$4,968
9 years$6,332$5,785$5,281$4,817$4,392$4,155
10 years$5,641$5,099$4,604$4,153$3,743$3,515
11 years$5,076$4,539$4,053$3,614$3,219$3,001
12 years$4,605$4,074$3,597$3,170$2,789$2,581
13 years$4,208$3,682$3,214$2,799$2,432$2,234
14 years$3,867$3,347$2,888$2,484$2,132$1,943
15 years$3,572$3,057$2,607$2,216$1,877$1,698
16 years$3,314$2,805$2,364$1,984$1,659$1,488
17 years$3,087$2,583$2,151$1,782$1,471$1,309
18 years$2,885$2,387$1,963$1,606$1,308$1,154
19 years$2,704$2,212$1,797$1,451$1,166$1,020
20 years$2,542$2,056$1,650$1,315$1,041$903
21 years$2,396$1,915$1,517$1,193$932$801
22 years$2,263$1,788$1,398$1,085$835$712
23 years$2,141$1,672$1,291$988$750$633
24 years$2,030$1,566$1,194$901$674$564
25 years$1,928$1,470$1,106$823$606$503
26 years$1,834$1,382$1,026$752$546$449
27 years$1,748$1,300$953$689$493$401
28 years$1,667$1,225$886$631$444$358
29 years$1,592$1,156$824$579$401$321
30 years$1,523$1,092$768$531$363$287
31 years$1,458$1,032$716$488$328$257
32 years$1,397$976$668$448$297$230
33 years$1,340$925$623$412$268$206
34 years$1,286$876$582$379$243$185
35 years$1,236$831$545$349$220$166
36 years$1,188$789$509$322$199$149
37 years$1,143$749$477$296$181$133
38 years$1,101$712$447$273$164$120
39 years$1,061$677$418$252$149$108
40 years$1,023$644$392$232$135$97
41 years$987$613$368$214$122$87
42 years$952$584$345$198$111$78
43 years$920$556$324$183$101$70
44 years$889$530$304$169$91$63
45 years$859$506$285$156$83$56
46 years$831$483$268$144$75$51
47 years$804$460$252$133$68$46
48 years$778$440$237$123$62$41
49 years$754$420$222$113$56$37
50 years$730$401$209$105$51$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $748,000, adding $6,894 every year, while hoping to spend $44,660 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: 62/11/27 Blend
34$748,000$748,000$748,000$748,000
35$831,407$791,763$780,169$876,562
36$868,693$783,042$758,787$899,307
37$908,285$772,396$735,192$918,662
38$950,371$759,685$709,262$938,835
39$995,158$744,758$680,871$959,914
40$1,042,870$727,457$649,886$981,998
41$1,093,754$707,614$616,169$1,005,197
42$1,148,080$685,051$579,574$1,029,635
43$1,206,145$659,579$539,950$1,055,452
44$1,268,273$630,999$497,139$1,082,800
45$1,334,819$599,100$450,976$1,111,854
46$1,406,175$563,660$401,288$1,142,806
47$1,482,767$524,442$347,893$1,175,871
48$1,565,067$481,197$290,605$1,211,289
49$1,653,589$433,662$229,226$1,249,327
50$1,748,901$381,557$163,551$1,290,283
51$1,851,624$324,588$93,365$1,334,488
52$1,962,441$262,444$18,444$1,382,311
53$2,082,103$194,797$0$1,434,161
54$2,211,434$121,299$0$1,508,214
55$2,351,341$41,583$0$1,594,080
56$2,502,821$0$0$1,687,073
57$2,666,968$0$0$1,793,310
58$2,844,988$0$0$1,914,030
59$3,038,204$0$0$2,045,105
60$3,248,073$0$0$2,187,529
61$3,476,199$0$0$2,342,395
62$3,724,343$0$0$2,510,908
63$3,994,445$0$0$2,694,390
64$4,288,639$0$0$2,894,300
65$4,609,274$0$0$3,112,241
66$4,958,935$0$0$3,349,978
67$5,340,466$0$0$3,609,453
68$5,756,998$0$0$3,892,804
69$6,211,978$0$0$4,202,386
70$6,709,201$0$0$4,540,789
71$7,252,844$0$0$4,910,866
72$7,847,506$0$0$5,315,760
73$8,498,253$0$0$5,758,928
74$9,210,660$0$0$6,244,179
75$9,990,869$0$0$6,775,708
76$10,845,642$0$0$7,358,134
77$11,782,427$0$0$7,996,543
78$12,809,425$0$0$8,696,539
79$13,935,670$0$0$9,464,290
80$15,171,112$0$0$10,306,595
81$16,526,711$0$0$11,230,938
82$18,014,537$0$0$12,245,566
83$19,647,888$0$0$13,359,562
84$21,441,411$0$0$14,582,932
85$23,411,240$0$0$15,926,697
86$25,575,150$0$0$17,402,999
87$27,952,721$0$0$19,025,216
88$30,565,526$0$0$20,808,083
89$33,437,327$0$0$22,767,834
90$36,594,308$0$0$24,922,356
91$40,065,311$0$0$27,291,353
92$43,882,115$0$0$29,896,536
93$48,079,733$0$0$32,761,824
94$52,696,740$0$0$35,913,570
95$57,775,636$0$0$39,380,811
96$63,363,251$0$0$43,195,538
97$69,511,180$0$0$47,393,000
98$76,276,271$0$0$52,012,036
99$83,721,162$0$0$57,095,440
100$91,914,870$0$0$62,690,364