Can I retire at age 35 with 724,000?

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 $724,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$59,787$59,255$58,735$58,228$57,733$55,464
2 years$29,598$29,046$28,512$27,994$27,492$25,234
3 years$19,536$18,982$18,449$17,936$17,442$15,266
4 years$14,506$13,954$13,426$12,922$12,440$10,362
5 years$11,489$10,940$10,419$9,925$9,456$7,483
6 years$9,478$8,933$8,420$7,937$7,483$5,614
7 years$8,042$7,502$6,997$6,526$6,085$4,321
8 years$6,966$6,431$5,934$5,474$5,048$3,387
9 years$6,129$5,599$5,111$4,663$4,251$2,690
10 years$5,460$4,935$4,456$4,019$3,622$2,158
11 years$4,913$4,394$3,923$3,498$3,115$1,745
12 years$4,458$3,944$3,482$3,068$2,700$1,419
13 years$4,073$3,564$3,111$2,709$2,354$1,160
14 years$3,743$3,239$2,795$2,405$2,064$951
15 years$3,457$2,959$2,523$2,145$1,817$783
16 years$3,208$2,715$2,288$1,920$1,606$646
17 years$2,988$2,500$2,082$1,725$1,424$534
18 years$2,792$2,311$1,900$1,555$1,266$442
19 years$2,618$2,141$1,740$1,405$1,128$367
20 years$2,461$1,990$1,597$1,272$1,008$304
21 years$2,319$1,853$1,469$1,155$902$253
22 years$2,190$1,730$1,354$1,050$809$210
23 years$2,073$1,618$1,250$956$726$175
24 years$1,965$1,516$1,156$872$652$146
25 years$1,867$1,423$1,071$796$587$121
26 years$1,776$1,337$993$728$529$101
27 years$1,692$1,258$922$667$477$84
28 years$1,614$1,186$857$611$430$70
29 years$1,541$1,119$798$560$388$59
30 years$1,474$1,057$743$514$351$49
31 years$1,411$999$693$472$317$41
32 years$1,352$945$646$434$287$34
33 years$1,297$895$603$399$260$28
34 years$1,245$848$564$367$235$24
35 years$1,196$805$527$338$213$20
36 years$1,150$764$493$311$193$16
37 years$1,106$725$462$287$175$14
38 years$1,065$689$432$264$159$11
39 years$1,027$655$405$244$144$10
40 years$990$624$380$225$130$8
41 years$955$594$356$207$118$7
42 years$922$565$334$191$107$6
43 years$890$539$313$177$97$5
44 years$860$513$294$163$88$4
45 years$832$490$276$151$80$3
46 years$804$467$259$139$73$3
47 years$778$446$244$129$66$2
48 years$753$425$229$119$60$2
49 years$730$406$215$110$55$2
50 years$707$388$202$101$50$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $724,000, adding $4,268 every year, while hoping to spend $41,972 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: 77/12/11 Blend
34$724,000$724,000$724,000$724,000
35$802,250$763,878$752,656$862,076
36$839,422$756,651$733,213$894,820
37$878,979$747,662$711,711$924,933
38$921,119$736,782$688,037$956,758
39$966,060$723,872$662,074$990,448
40$1,014,042$708,785$633,697$1,026,173
41$1,065,326$691,367$602,777$1,064,122
42$1,120,198$671,452$569,179$1,104,501
43$1,178,972$648,867$532,760$1,147,540
44$1,241,993$623,428$493,374$1,193,490
45$1,309,640$594,940$450,866$1,242,631
46$1,382,327$563,195$405,073$1,295,271
47$1,460,510$527,978$355,829$1,351,750
48$1,544,689$489,055$302,956$1,412,443
49$1,635,413$446,185$246,271$1,477,765
50$1,733,286$399,109$185,582$1,548,174
51$1,838,970$347,554$120,688$1,624,175
52$1,953,194$291,233$51,380$1,706,327
53$2,076,758$229,842$0$1,795,246
54$2,210,543$163,059$0$1,894,263
55$2,355,515$90,546$0$2,008,087
56$2,512,738$11,944$0$2,131,538
57$2,683,382$0$0$2,265,561
58$2,868,734$0$0$2,420,854
59$3,070,209$0$0$2,591,392
60$3,289,364$0$0$2,776,918
61$3,527,911$0$0$2,978,887
62$3,787,735$0$0$3,198,895
63$4,070,911$0$0$3,438,704
64$4,379,720$0$0$3,700,249
65$4,716,676$0$0$3,985,662
66$5,084,543$0$0$4,297,288
67$5,486,367$0$0$4,637,711
68$5,925,496$0$0$5,009,773
69$6,405,622$0$0$5,416,604
70$6,930,806$0$0$5,861,651
71$7,505,521$0$0$6,348,708
72$8,134,692$0$0$6,881,953
73$8,823,742$0$0$7,465,989
74$9,578,643$0$0$8,105,881
75$10,405,972$0$0$8,807,211
76$11,312,974$0$0$9,576,125
77$12,307,627$0$0$10,419,390
78$13,398,717$0$0$11,344,464
79$14,595,923$0$0$12,359,557
80$15,909,906$0$0$13,473,716
81$17,352,408$0$0$14,696,903
82$18,936,367$0$0$16,040,095
83$20,676,031$0$0$17,515,382
84$22,587,097$0$0$19,136,083
85$24,686,859$0$0$20,916,871
86$26,994,366$0$0$22,873,909
87$29,530,607$0$0$25,025,006
88$32,318,703$0$0$27,389,781
89$35,384,128$0$0$29,989,848
90$38,754,947$0$0$32,849,021
91$42,462,081$0$0$35,993,535
92$46,539,599$0$0$39,452,299
93$51,025,034$0$0$43,257,160
94$55,959,743$0$0$47,443,209
95$61,389,292$0$0$52,049,112
96$67,363,887$0$0$57,117,467
97$73,938,847$0$0$62,695,213
98$81,175,124$0$0$68,834,071
99$89,139,878$0$0$75,591,026
100$97,907,112$0$0$83,028,871