Can I retire at age 35 with 721,000?

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 $721,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$59,540$59,009$58,492$57,987$57,494$55,520
2 years$29,475$28,926$28,394$27,878$27,378$25,410
3 years$19,455$18,903$18,373$17,862$17,370$15,468
4 years$14,446$13,896$13,371$12,868$12,388$10,569
5 years$11,441$10,895$10,376$9,884$9,417$7,684
6 years$9,439$8,896$8,386$7,904$7,452$5,806
7 years$8,009$7,471$6,968$6,499$6,060$4,503
8 years$6,937$6,404$5,910$5,452$5,027$3,556
9 years$6,104$5,576$5,090$4,644$4,234$2,847
10 years$5,438$4,915$4,438$4,003$3,607$2,303
11 years$4,893$4,375$3,907$3,484$3,103$1,878
12 years$4,439$3,927$3,467$3,056$2,689$1,541
13 years$4,056$3,549$3,098$2,698$2,345$1,270
14 years$3,727$3,226$2,783$2,395$2,055$1,052
15 years$3,443$2,947$2,513$2,136$1,810$874
16 years$3,194$2,704$2,278$1,912$1,599$728
17 years$2,975$2,490$2,073$1,718$1,418$607
18 years$2,781$2,301$1,893$1,548$1,261$508
19 years$2,607$2,133$1,733$1,399$1,124$425
20 years$2,450$1,982$1,590$1,267$1,004$357
21 years$2,309$1,846$1,463$1,150$898$299
22 years$2,181$1,723$1,348$1,046$805$251
23 years$2,064$1,611$1,245$952$723$211
24 years$1,957$1,510$1,151$869$650$178
25 years$1,859$1,417$1,066$793$585$150
26 years$1,768$1,332$989$725$527$126
27 years$1,685$1,253$918$664$475$106
28 years$1,607$1,181$854$608$428$89
29 years$1,535$1,114$794$558$387$75
30 years$1,468$1,052$740$512$350$63
31 years$1,405$995$690$470$316$54
32 years$1,346$941$644$432$286$45
33 years$1,291$891$601$397$259$38
34 years$1,240$845$561$366$234$32
35 years$1,191$801$525$337$212$27
36 years$1,145$760$491$310$192$23
37 years$1,102$722$460$286$174$19
38 years$1,061$686$430$263$158$16
39 years$1,022$653$403$243$143$14
40 years$986$621$378$224$130$12
41 years$951$591$354$207$118$10
42 years$918$563$332$191$107$8
43 years$887$536$312$176$97$7
44 years$857$511$293$162$88$6
45 years$828$488$275$150$80$5
46 years$801$465$258$139$73$4
47 years$775$444$243$128$66$4
48 years$750$424$228$118$60$3
49 years$727$405$214$109$54$3
50 years$704$387$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 $721,000, adding $3,185 every year, while hoping to spend $40,855 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: 45/25/30 Blend
34$721,000$721,000$721,000$721,000
35$797,827$759,614$748,439$826,681
36$835,736$753,366$730,042$841,326
37$876,143$745,442$709,660$853,059
38$919,258$735,718$687,182$865,017
39$965,314$724,060$662,495$877,244
40$1,014,566$710,328$635,478$889,793
41$1,067,290$694,373$606,005$902,723
42$1,123,794$676,038$573,946$916,103
43$1,184,412$655,154$539,164$930,015
44$1,249,511$631,546$501,516$944,550
45$1,319,496$605,026$460,851$959,812
46$1,394,809$575,397$417,014$975,922
47$1,475,937$542,449$369,841$993,014
48$1,563,414$505,960$319,162$1,011,242
49$1,657,826$465,697$264,799$1,030,783
50$1,759,820$421,411$206,565$1,051,832
51$1,870,103$372,842$144,266$1,074,612
52$1,989,455$319,712$77,700$1,099,375
53$2,118,731$261,730$6,655$1,126,404
54$2,258,874$198,587$0$1,156,015
55$2,410,918$129,957$0$1,210,704
56$2,576,003$55,496$0$1,272,445
57$2,755,380$0$0$1,339,630
58$2,950,427$0$0$1,419,763
59$3,162,659$0$0$1,523,644
60$3,393,746$0$0$1,636,831
61$3,645,520$0$0$1,760,233
62$3,920,002$0$0$1,894,850
63$4,219,415$0$0$2,041,782
64$4,546,204$0$0$2,202,243
65$4,903,063$0$0$2,377,564
66$5,292,956$0$0$2,569,215
67$5,719,145$0$0$2,778,812
68$6,185,225$0$0$3,008,135
69$6,695,150$0$0$3,259,145
70$7,253,277$0$0$3,534,000
71$7,864,403$0$0$3,835,076
72$8,533,810$0$0$4,164,991
73$9,267,314$0$0$4,526,627
74$10,071,321$0$0$4,923,160
75$10,952,888$0$0$5,358,086
76$11,919,785$0$0$5,835,256
77$12,980,570$0$0$6,358,913
78$14,144,673$0$0$6,933,730
79$15,422,476$0$0$7,564,853
80$16,825,419$0$0$8,257,953
81$18,366,103$0$0$9,019,277
82$20,058,408$0$0$9,855,704
83$21,917,626$0$0$10,774,815
84$23,960,601$0$0$11,784,961
85$26,205,893$0$0$12,895,342
86$28,673,945$0$0$14,116,095
87$31,387,283$0$0$15,458,384
88$34,370,722$0$0$16,934,515
89$37,651,602$0$0$18,558,041
90$41,260,047$0$0$20,343,897
91$45,229,245$0$0$22,308,538
92$49,595,763$0$0$24,470,094
93$54,399,889$0$0$26,848,540
94$59,686,014$0$0$29,465,886
95$65,503,050$0$0$32,346,383
96$71,904,890$0$0$35,516,753
97$78,950,914$0$0$39,006,439
98$86,706,552$0$0$42,847,882
99$95,243,898$0$0$47,076,830
100$104,642,391$0$0$51,732,673