Can I retire at age 35 with 740,000?

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 $740,000?

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$61,109$60,564$60,033$59,515$59,009$56,983
2 years$30,252$29,688$29,142$28,613$28,099$26,079
3 years$19,967$19,402$18,857$18,333$17,827$15,876
4 years$14,826$14,262$13,723$13,208$12,715$10,847
5 years$11,743$11,182$10,650$10,145$9,665$7,887
6 years$9,687$9,131$8,607$8,113$7,648$5,959
7 years$8,220$7,668$7,152$6,670$6,220$4,621
8 years$7,120$6,573$6,066$5,595$5,160$3,650
9 years$6,265$5,723$5,224$4,766$4,345$2,922
10 years$5,581$5,044$4,555$4,108$3,703$2,364
11 years$5,022$4,491$4,010$3,575$3,184$1,927
12 years$4,556$4,031$3,559$3,136$2,759$1,581
13 years$4,163$3,643$3,179$2,769$2,406$1,304
14 years$3,826$3,311$2,857$2,458$2,109$1,079
15 years$3,534$3,025$2,579$2,192$1,857$897
16 years$3,278$2,775$2,338$1,963$1,641$747
17 years$3,054$2,556$2,128$1,763$1,455$623
18 years$2,854$2,362$1,942$1,589$1,294$521
19 years$2,675$2,189$1,778$1,436$1,153$436
20 years$2,515$2,034$1,632$1,301$1,030$366
21 years$2,370$1,894$1,501$1,180$922$307
22 years$2,238$1,768$1,383$1,073$826$258
23 years$2,119$1,654$1,277$977$742$217
24 years$2,009$1,550$1,181$891$667$182
25 years$1,908$1,454$1,094$814$600$154
26 years$1,815$1,367$1,015$744$540$129
27 years$1,729$1,286$942$681$487$109
28 years$1,649$1,212$876$624$440$92
29 years$1,575$1,143$815$572$397$77
30 years$1,506$1,080$759$525$359$65
31 years$1,442$1,021$708$483$324$55
32 years$1,382$966$661$443$293$46
33 years$1,325$915$617$408$266$39
34 years$1,272$867$576$375$240$33
35 years$1,222$822$539$345$218$28
36 years$1,175$780$504$318$197$23
37 years$1,131$741$472$293$179$20
38 years$1,089$704$442$270$162$17
39 years$1,049$670$414$249$147$14
40 years$1,012$637$388$230$133$12
41 years$976$607$364$212$121$10
42 years$942$578$341$196$110$8
43 years$910$551$320$181$100$7
44 years$879$525$301$167$90$6
45 years$850$500$282$154$82$5
46 years$822$477$265$142$75$4
47 years$796$456$249$131$68$4
48 years$770$435$234$121$61$3
49 years$746$415$220$112$56$3
50 years$722$397$207$104$51$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $740,000, adding $3,684 every year, while hoping to spend $23,490 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: 74/15/11 Blend
34$740,000$740,000$740,000$740,000
35$819,280$780,060$768,590$877,897
36$877,853$793,290$769,345$930,321
37$941,614$806,381$769,337$984,444
38$1,011,066$819,301$768,517$1,043,091
39$1,086,765$832,016$766,833$1,106,703
40$1,169,320$844,491$764,227$1,175,767
41$1,259,406$856,685$760,643$1,250,818
42$1,357,760$868,558$756,020$1,332,446
43$1,465,198$880,064$750,293$1,421,302
44$1,582,617$891,156$743,397$1,518,100
45$1,711,004$901,782$735,260$1,623,631
46$1,851,445$911,888$725,810$1,738,764
47$2,005,138$921,416$714,970$1,864,457
48$2,173,400$930,304$702,660$2,001,766
49$2,357,682$938,484$688,795$2,151,855
50$2,559,583$945,887$673,287$2,316,005
51$2,780,863$952,438$656,044$2,495,630
52$3,023,459$958,056$636,970$2,692,286
53$3,289,508$962,656$615,964$2,907,691
54$3,581,359$966,148$592,920$3,143,735
55$3,901,603$968,434$567,729$3,402,503
56$4,253,093$969,414$540,274$3,686,291
57$4,638,971$968,978$510,436$3,997,633
58$5,062,699$967,010$478,088$4,339,318
59$5,528,089$963,389$443,099$4,714,422
60$6,039,342$957,983$405,331$5,126,333
61$6,601,086$950,655$364,640$5,578,788
62$7,218,418$941,259$320,877$6,075,905
63$7,896,955$929,638$273,884$6,622,220
64$8,642,884$915,630$223,499$7,222,735
65$9,463,021$899,059$169,549$7,882,962
66$10,364,877$879,741$111,857$8,608,976
67$11,356,726$857,480$50,236$9,407,474
68$12,447,685$832,069$0$10,285,834
69$13,647,797$803,289$0$11,254,013
70$14,968,130$770,907$0$12,325,564
71$16,420,877$734,680$0$13,504,488
72$18,019,473$694,346$0$14,801,701
73$19,778,722$649,631$0$16,229,232
74$21,714,933$600,245$0$17,800,336
75$23,846,080$545,881$0$19,529,620
76$26,191,965$486,213$0$21,433,182
77$28,774,408$420,900$0$23,528,761
78$31,617,453$349,579$0$25,835,908
79$34,747,591$271,867$0$28,376,167
80$38,194,017$187,360$0$31,173,280
81$41,988,896$95,630$0$34,253,410
82$46,167,674$0$0$37,645,393
83$50,769,408$0$0$41,381,625
84$55,837,138$0$0$45,513,633
85$61,418,287$0$0$50,064,305
86$67,565,115$0$0$55,076,256
87$74,335,207$0$0$60,596,446
88$81,792,020$0$0$66,676,622
89$90,005,479$0$0$73,373,804
90$99,052,636$0$0$80,750,829
91$109,018,402$0$0$88,876,936
92$119,996,341$0$0$97,828,426
93$132,089,559$0$0$107,689,378
94$145,411,673$0$0$118,552,445
95$160,087,885$0$0$130,519,725
96$176,256,165$0$0$143,703,728
97$194,068,547$0$0$158,228,435
98$213,692,571$0$0$174,230,471
99$235,312,860$0$0$191,860,391
100$259,132,864$0$0$211,284,102