Can I retire at age 35 with 753,000?

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 $753,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$62,182$61,628$61,088$60,560$60,045$58,100
2 years$30,783$30,210$29,654$29,116$28,593$26,651
3 years$20,318$19,742$19,188$18,655$18,141$16,264
4 years$15,087$14,513$13,964$13,440$12,938$11,140
5 years$11,949$11,378$10,837$10,323$9,835$8,121
6 years$9,857$9,291$8,758$8,255$7,782$6,153
7 years$8,364$7,803$7,278$6,787$6,329$4,785
8 years$7,245$6,688$6,172$5,694$5,251$3,791
9 years$6,375$5,823$5,316$4,850$4,422$3,044
10 years$5,679$5,133$4,635$4,180$3,768$2,470
11 years$5,110$4,570$4,080$3,638$3,240$2,021
12 years$4,636$4,101$3,621$3,191$2,808$1,663
13 years$4,236$3,707$3,235$2,817$2,449$1,376
14 years$3,893$3,369$2,907$2,501$2,146$1,143
15 years$3,596$3,078$2,624$2,230$1,890$953
16 years$3,336$2,824$2,379$1,997$1,670$797
17 years$3,107$2,601$2,165$1,794$1,481$667
18 years$2,904$2,403$1,977$1,617$1,317$560
19 years$2,722$2,227$1,809$1,461$1,174$471
20 years$2,559$2,070$1,661$1,323$1,048$396
21 years$2,412$1,928$1,527$1,201$938$334
22 years$2,278$1,799$1,408$1,092$841$282
23 years$2,156$1,683$1,300$995$755$238
24 years$2,044$1,577$1,202$907$678$201
25 years$1,941$1,480$1,113$828$611$170
26 years$1,847$1,391$1,033$757$550$143
27 years$1,759$1,309$959$693$496$121
28 years$1,678$1,233$891$635$447$103
29 years$1,603$1,164$830$583$404$87
30 years$1,533$1,099$773$535$365$73
31 years$1,467$1,039$720$491$330$62
32 years$1,406$983$672$451$299$53
33 years$1,349$931$628$415$270$45
34 years$1,295$882$586$382$245$38
35 years$1,244$837$548$351$222$32
36 years$1,196$794$513$324$201$27
37 years$1,151$754$480$298$182$23
38 years$1,108$717$449$275$165$19
39 years$1,068$682$421$253$150$16
40 years$1,029$649$395$234$136$14
41 years$993$617$370$216$123$12
42 years$959$588$347$199$112$10
43 years$926$560$326$184$101$8
44 years$895$534$306$170$92$7
45 years$865$509$287$157$84$6
46 years$837$486$270$145$76$5
47 years$809$464$253$134$69$4
48 years$784$443$238$124$63$4
49 years$759$423$224$114$57$3
50 years$735$404$210$106$52$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $753,000, adding $2,069 every year, while hoping to spend $53,680 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: 78/6/16 Blend
34$753,000$753,000$753,000$753,000
35$831,940$792,031$780,360$893,806
36$859,683$773,726$749,387$916,584
37$888,456$752,724$715,577$934,562
38$918,309$728,837$678,779$952,797
39$949,292$701,866$638,833$971,294
40$981,461$671,599$595,576$990,060
41$1,014,875$637,811$548,832$1,009,104
42$1,049,595$600,268$498,421$1,028,434
43$1,085,690$558,717$444,155$1,048,062
44$1,123,232$512,895$385,835$1,068,000
45$1,162,297$462,523$323,256$1,088,262
46$1,202,968$407,303$256,202$1,108,867
47$1,245,334$346,925$184,448$1,129,834
48$1,289,491$281,057$107,760$1,151,185
49$1,335,542$209,351$25,892$1,172,947
50$1,383,598$131,440$0$1,195,150
51$1,433,777$46,933$0$1,228,323
52$1,486,210$0$0$1,267,411
53$1,541,037$0$0$1,311,024
54$1,598,407$0$0$1,359,909
55$1,658,485$0$0$1,411,108
56$1,721,448$0$0$1,464,773
57$1,787,488$0$0$1,521,068
58$1,856,812$0$0$1,580,172
59$1,929,649$0$0$1,642,280
60$2,006,243$0$0$1,707,601
61$2,086,863$0$0$1,776,367
62$2,171,799$0$0$1,848,826
63$2,261,370$0$0$1,925,251
64$2,355,919$0$0$2,005,939
65$2,455,826$0$0$2,091,212
66$2,561,500$0$0$2,181,425
67$2,673,392$0$0$2,276,961
68$2,791,991$0$0$2,378,243
69$2,917,833$0$0$2,485,731
70$3,051,504$0$0$2,599,926
71$3,193,646$0$0$2,721,380
72$3,344,959$0$0$2,850,694
73$3,506,211$0$0$2,988,529
74$3,678,243$0$0$3,135,604
75$3,861,975$0$0$3,292,712
76$4,058,418$0$0$3,460,720
77$4,268,677$0$0$3,640,577
78$4,493,967$0$0$3,833,325
79$4,735,617$0$0$4,040,109
80$4,995,088$0$0$4,262,181
81$5,273,983$0$0$4,500,919
82$5,574,062$0$0$4,757,834
83$5,897,255$0$0$5,034,586
84$6,245,686$0$0$5,332,998
85$6,621,684$0$0$5,655,071
86$7,027,811$0$0$6,003,006
87$7,466,880$0$0$6,379,221
88$7,941,984$0$0$6,786,373
89$8,456,523$0$0$7,227,383
90$9,014,237$0$0$7,705,464
91$9,619,233$0$0$8,224,146
92$10,276,035$0$0$8,787,315
93$10,989,612$0$0$9,399,243
94$11,765,436$0$0$10,064,630
95$12,609,522$0$0$10,788,646
96$13,528,491$0$0$11,576,980
97$14,529,629$0$0$12,435,893
98$15,620,951$0$0$13,372,275
99$16,811,281$0$0$14,393,706
100$18,110,330$0$0$15,508,534