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%18.7%
1 years$61,769$61,219$60,682$60,158$59,647$57,553
2 years$30,579$30,009$29,457$28,922$28,403$26,316
3 years$20,183$19,611$19,061$18,531$18,020$16,005
4 years$14,987$14,416$13,871$13,350$12,852$10,924
5 years$11,869$11,303$10,765$10,254$9,770$7,934
6 years$9,792$9,229$8,700$8,200$7,731$5,989
7 years$8,309$7,751$7,229$6,742$6,287$4,639
8 years$7,197$6,644$6,131$5,656$5,216$3,659
9 years$6,332$5,785$5,281$4,817$4,392$2,926
10 years$5,641$5,099$4,604$4,153$3,743$2,364
11 years$5,076$4,539$4,053$3,614$3,219$1,925
12 years$4,605$4,074$3,597$3,170$2,789$1,577
13 years$4,208$3,682$3,214$2,799$2,432$1,299
14 years$3,867$3,347$2,888$2,484$2,132$1,074
15 years$3,572$3,057$2,607$2,216$1,877$891
16 years$3,314$2,805$2,364$1,984$1,659$741
17 years$3,087$2,583$2,151$1,782$1,471$617
18 years$2,885$2,387$1,963$1,606$1,308$515
19 years$2,704$2,212$1,797$1,451$1,166$431
20 years$2,542$2,056$1,650$1,315$1,041$361
21 years$2,396$1,915$1,517$1,193$932$302
22 years$2,263$1,788$1,398$1,085$835$254
23 years$2,141$1,672$1,291$988$750$213
24 years$2,030$1,566$1,194$901$674$179
25 years$1,928$1,470$1,106$823$606$150
26 years$1,834$1,382$1,026$752$546$126
27 years$1,748$1,300$953$689$493$106
28 years$1,667$1,225$886$631$444$89
29 years$1,592$1,156$824$579$401$75
30 years$1,523$1,092$768$531$363$63
31 years$1,458$1,032$716$488$328$53
32 years$1,397$976$668$448$297$45
33 years$1,340$925$623$412$268$38
34 years$1,286$876$582$379$243$32
35 years$1,236$831$545$349$220$27
36 years$1,188$789$509$322$199$23
37 years$1,143$749$477$296$181$19
38 years$1,101$712$447$273$164$16
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$10
42 years$952$584$345$198$111$8
43 years$920$556$324$183$101$7
44 years$889$530$304$169$91$6
45 years$859$506$285$156$83$5
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 $5,756 every year, while hoping to spend $56,386 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: 46/36/18 Blend
34$748,000$748,000$748,000$748,000
35$830,233$790,589$778,995$863,917
36$854,923$769,334$745,097$866,754
37$880,241$745,147$708,174$863,719
38$906,192$717,826$668,064$859,233
39$932,779$687,155$624,600$853,184
40$960,005$652,908$577,606$845,456
41$987,867$614,842$526,898$835,923
42$1,016,365$572,705$472,285$824,453
43$1,045,494$526,227$413,566$810,903
44$1,075,245$475,123$350,531$795,126
45$1,105,609$419,093$282,963$776,960
46$1,136,572$357,820$210,633$756,237
47$1,168,117$290,967$133,303$732,777
48$1,200,220$218,180$50,725$706,390
49$1,232,856$139,084$0$676,871
50$1,265,993$53,285$0$651,188
51$1,299,593$0$0$632,793
52$1,333,610$0$0$627,445
53$1,367,993$0$0$643,344
54$1,402,681$0$0$659,349
55$1,437,605$0$0$675,424
56$1,472,684$0$0$691,527
57$1,507,828$0$0$707,609
58$1,542,931$0$0$723,616
59$1,577,876$0$0$739,487
60$1,612,529$0$0$755,152
61$1,646,738$0$0$770,531
62$1,680,333$0$0$785,538
63$1,713,122$0$0$800,072
64$1,744,889$0$0$814,023
65$1,775,393$0$0$827,265
66$1,804,363$0$0$839,660
67$1,831,496$0$0$851,052
68$1,856,454$0$0$861,266
69$1,878,859$0$0$870,110
70$1,898,291$0$0$877,367
71$1,914,280$0$0$882,798
72$1,926,304$0$0$886,134
73$1,933,783$0$0$887,079
74$1,936,071$0$0$885,303
75$1,932,451$0$0$880,440
76$1,922,128$0$0$872,084
77$1,904,217$0$0$859,782
78$1,877,739$0$0$843,037
79$1,841,609$0$0$821,294
80$1,794,621$0$0$793,939
81$1,735,444$0$0$760,293
82$1,662,601$0$0$719,605
83$1,574,457$0$0$671,043
84$1,469,204$0$0$613,685
85$1,344,841$0$0$546,513
86$1,199,155$0$0$468,403
87$1,029,698$0$0$378,109
88$833,767$0$0$274,255
89$608,370$0$0$155,323
90$350,204$0$0$19,631
91$55,618$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0