Can I retire at age 35 with 749,000?

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 $749,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$61,852$61,301$60,763$60,239$59,726$58,834
2 years$30,620$30,049$29,497$28,961$28,441$27,544
3 years$20,210$19,638$19,086$18,556$18,044$17,170
4 years$15,007$14,436$13,890$13,368$12,869$12,025
5 years$11,885$11,318$10,779$10,268$9,783$8,971
6 years$9,805$9,242$8,711$8,211$7,741$6,963
7 years$8,320$7,761$7,239$6,751$6,295$5,551
8 years$7,206$6,653$6,139$5,663$5,223$4,512
9 years$6,341$5,792$5,288$4,824$4,398$3,720
10 years$5,649$5,106$4,610$4,158$3,748$3,102
11 years$5,083$4,545$4,059$3,619$3,223$2,610
12 years$4,612$4,080$3,602$3,174$2,793$2,211
13 years$4,213$3,687$3,218$2,802$2,436$1,884
14 years$3,872$3,351$2,891$2,488$2,135$1,613
15 years$3,577$3,061$2,611$2,219$1,880$1,386
16 years$3,318$2,809$2,367$1,986$1,661$1,196
17 years$3,091$2,587$2,154$1,785$1,473$1,034
18 years$2,889$2,390$1,966$1,608$1,310$896
19 years$2,708$2,215$1,800$1,453$1,167$779
20 years$2,546$2,059$1,652$1,316$1,043$677
21 years$2,399$1,917$1,519$1,195$933$590
22 years$2,266$1,790$1,400$1,086$836$515
23 years$2,144$1,674$1,293$989$751$450
24 years$2,033$1,568$1,196$902$675$393
25 years$1,931$1,472$1,108$824$607$344
26 years$1,837$1,383$1,027$753$547$302
27 years$1,750$1,302$954$690$493$264
28 years$1,669$1,227$887$632$445$232
29 years$1,594$1,157$825$579$402$203
30 years$1,525$1,093$769$532$363$178
31 years$1,459$1,033$717$488$328$157
32 years$1,399$978$669$449$297$138
33 years$1,341$926$624$413$269$121
34 years$1,288$878$583$380$243$106
35 years$1,237$832$545$350$220$93
36 years$1,190$790$510$322$200$82
37 years$1,145$750$477$297$181$72
38 years$1,102$713$447$273$164$63
39 years$1,062$678$419$252$149$56
40 years$1,024$645$393$233$135$49
41 years$988$614$368$215$122$43
42 years$954$585$345$198$111$38
43 years$921$557$324$183$101$33
44 years$890$531$304$169$92$29
45 years$860$506$286$156$83$26
46 years$832$483$268$144$75$23
47 years$805$461$252$133$68$20
48 years$779$440$237$123$62$18
49 years$755$420$223$114$56$16
50 years$731$402$209$105$51$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $749,000, adding $6,248 every year, while hoping to spend $38,012 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: 58/37/5 Blend
34$749,000$749,000$749,000$749,000
35$831,843$792,146$780,536$878,962
36$876,246$790,516$766,240$909,674
37$923,905$787,533$750,190$938,249
38$975,111$783,090$732,289$968,431
39$1,030,184$777,073$712,433$1,000,378
40$1,089,476$769,363$690,513$1,034,260
41$1,153,374$759,834$666,416$1,070,271
42$1,222,302$748,349$640,025$1,108,623
43$1,296,726$734,767$611,215$1,149,553
44$1,377,158$718,937$579,857$1,193,323
45$1,464,162$700,698$545,815$1,240,223
46$1,558,355$679,882$508,950$1,290,576
47$1,660,420$656,308$469,111$1,344,740
48$1,771,102$629,787$426,147$1,403,112
49$1,891,227$600,118$379,894$1,466,131
50$2,021,697$567,089$330,185$1,534,284
51$2,163,508$530,475$276,845$1,608,112
52$2,317,755$490,038$219,689$1,688,213
53$2,485,643$445,526$158,525$1,775,249
54$2,668,498$396,676$93,155$1,869,954
55$2,867,776$343,205$23,367$1,973,141
56$3,085,085$284,818$0$2,085,709
57$3,322,190$221,200$0$2,211,383
58$3,581,037$152,022$0$2,350,043
59$3,863,765$76,933$0$2,501,677
60$4,172,731$0$0$2,667,645
61$4,510,531$0$0$2,851,262
62$4,880,019$0$0$3,086,426
63$5,284,342$0$0$3,343,824
64$5,726,963$0$0$3,625,667
65$6,211,694$0$0$3,934,392
66$6,742,737$0$0$4,272,684
67$7,324,716$0$0$4,643,496
68$7,962,724$0$0$5,050,083
69$8,662,373$0$0$5,496,030
70$9,429,840$0$0$5,985,285
71$10,271,932$0$0$6,522,197
72$11,196,145$0$0$7,111,555
73$12,210,736$0$0$7,758,638
74$13,324,803$0$0$8,469,256
75$14,548,364$0$0$9,249,814
76$15,892,458$0$0$10,107,364
77$17,369,245$0$0$11,049,678
78$18,992,120$0$0$12,085,315
79$20,775,842$0$0$13,223,707
80$22,736,669$0$0$14,475,245
81$24,892,514$0$0$15,851,375
82$27,263,111$0$0$17,364,710
83$29,870,202$0$0$19,029,144
84$32,737,745$0$0$20,859,988
85$35,892,131$0$0$22,874,108
86$39,362,442$0$0$25,090,091
87$43,180,717$0$0$27,528,412
88$47,382,261$0$0$30,211,635
89$52,005,971$0$0$33,164,620
90$57,094,708$0$0$36,414,758
91$62,695,695$0$0$39,992,231
92$68,860,969$0$0$43,930,297
93$75,647,866$0$0$48,265,599
94$83,119,563$0$0$53,038,516
95$91,345,675$0$0$58,293,540
96$100,402,910$0$0$64,079,697
97$110,375,793$0$0$70,451,009
98$121,357,460$0$0$77,467,003
99$133,450,543$0$0$85,193,273
100$146,768,131$0$0$93,702,099