Can I retire at age 35 with 720,000?

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 $720,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$59,457$58,927$58,411$57,906$57,414$55,421
2 years$29,434$28,886$28,355$27,840$27,340$25,353
3 years$19,428$18,877$18,347$17,837$17,346$15,426
4 years$14,426$13,877$13,352$12,851$12,371$10,535
5 years$11,425$10,880$10,362$9,870$9,404$7,656
6 years$9,425$8,884$8,374$7,894$7,441$5,782
7 years$7,998$7,461$6,959$6,490$6,052$4,481
8 years$6,927$6,395$5,902$5,444$5,020$3,537
9 years$6,095$5,568$5,083$4,637$4,228$2,830
10 years$5,430$4,908$4,431$3,997$3,602$2,288
11 years$4,886$4,369$3,901$3,479$3,098$1,864
12 years$4,433$3,922$3,462$3,051$2,685$1,528
13 years$4,050$3,544$3,093$2,694$2,341$1,259
14 years$3,722$3,221$2,779$2,391$2,052$1,042
15 years$3,438$2,943$2,509$2,133$1,807$865
16 years$3,190$2,700$2,275$1,910$1,597$720
17 years$2,971$2,487$2,070$1,716$1,416$600
18 years$2,777$2,298$1,890$1,546$1,259$502
19 years$2,603$2,130$1,730$1,397$1,122$420
20 years$2,447$1,979$1,588$1,265$1,002$352
21 years$2,306$1,843$1,461$1,148$897$295
22 years$2,178$1,721$1,346$1,044$804$248
23 years$2,061$1,609$1,243$951$722$208
24 years$1,954$1,508$1,149$867$649$175
25 years$1,856$1,415$1,065$792$584$147
26 years$1,766$1,330$987$724$526$124
27 years$1,682$1,252$917$663$474$104
28 years$1,605$1,179$852$607$428$88
29 years$1,533$1,113$793$557$386$74
30 years$1,466$1,051$739$511$349$62
31 years$1,403$993$689$469$316$52
32 years$1,344$940$643$431$285$44
33 years$1,289$890$600$397$258$37
34 years$1,238$844$561$365$234$31
35 years$1,189$800$524$336$212$26
36 years$1,144$759$490$309$192$22
37 years$1,100$721$459$285$174$19
38 years$1,060$685$430$263$158$16
39 years$1,021$652$403$242$143$13
40 years$984$620$377$224$130$11
41 years$950$590$354$206$118$9
42 years$917$562$332$190$107$8
43 years$885$536$312$176$97$7
44 years$855$511$292$162$88$6
45 years$827$487$275$150$80$5
46 years$800$464$258$138$73$4
47 years$774$443$242$128$66$3
48 years$749$423$228$118$60$3
49 years$726$404$214$109$54$2
50 years$703$386$201$101$49$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $720,000, adding $6,563 every year, while hoping to spend $32,782 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: 33/38/29 Blend
34$720,000$720,000$720,000$720,000
35$800,210$762,050$750,890$819,406
36$846,951$764,510$741,165$837,052
37$897,362$765,993$730,015$852,702
38$951,781$766,415$717,359$868,937
39$1,010,582$765,688$703,110$885,832
40$1,074,174$763,720$687,177$903,474
41$1,143,010$760,412$669,467$921,957
42$1,217,583$755,659$649,881$941,390
43$1,298,440$749,349$628,315$961,898
44$1,386,178$741,365$604,661$983,618
45$1,481,458$731,582$578,807$1,006,706
46$1,585,004$719,866$550,634$1,031,338
47$1,697,614$706,079$520,020$1,057,711
48$1,820,164$690,071$486,834$1,086,046
49$1,953,621$671,684$450,943$1,116,591
50$2,099,045$650,751$412,204$1,149,623
51$2,257,607$627,097$370,472$1,185,454
52$2,430,593$600,535$325,593$1,224,431
53$2,619,418$570,866$277,405$1,266,942
54$2,825,642$537,882$225,742$1,313,421
55$3,050,981$501,361$170,428$1,364,350
56$3,297,324$461,071$111,280$1,420,270
57$3,566,750$416,763$48,107$1,481,781
58$3,861,551$368,177$0$1,549,551
59$4,184,248$315,036$0$1,630,302
60$4,537,618$257,049$0$1,735,161
61$4,924,719$193,908$0$1,850,215
62$5,348,918$125,288$0$1,976,558
63$5,813,925$50,844$0$2,115,403
64$6,323,824$0$0$2,268,089
65$6,883,114$0$0$2,448,554
66$7,496,751$0$0$2,669,990
67$8,170,193$0$0$2,913,122
68$8,909,453$0$0$3,180,132
69$9,721,153$0$0$3,473,429
70$10,612,589$0$0$3,795,663
71$11,591,798$0$0$4,149,755
72$12,667,633$0$0$4,538,923
73$13,849,847$0$0$4,966,712
74$15,149,186$0$0$5,437,027
75$16,577,487$0$0$5,954,170
76$18,147,791$0$0$6,522,884
77$19,874,468$0$0$7,148,390
78$21,773,348$0$0$7,836,443
79$23,861,871$0$0$8,593,383
80$26,159,255$0$0$9,426,197
81$28,686,671$0$0$10,342,580
82$31,467,447$0$0$11,351,014
83$34,527,286$0$0$12,460,844
84$37,894,510$0$0$13,682,365
85$41,600,321$0$0$15,026,922
86$45,679,103$0$0$16,507,016
87$50,168,741$0$0$18,136,421
88$55,110,978$0$0$19,930,315
89$60,551,812$0$0$21,905,422
90$66,541,926$0$0$24,080,168
91$73,137,166$0$0$26,474,862
92$80,399,073$0$0$29,111,878
93$88,395,454$0$0$32,015,871
94$97,201,029$0$0$35,214,011
95$106,898,135$0$0$38,736,236
96$117,577,497$0$0$42,615,535
97$129,339,090$0$0$46,888,261
98$142,293,080$0$0$51,594,472
99$156,560,860$0$0$56,778,311
100$172,276,202$0$0$62,488,418