Can I retire at age 35 with 741,000?

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 $741,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$61,191$60,646$60,114$59,595$59,088$57,660
2 years$30,293$29,728$29,182$28,652$28,137$26,707
3 years$19,994$19,428$18,882$18,357$17,851$16,464
4 years$14,846$14,282$13,742$13,225$12,732$11,397
5 years$11,758$11,197$10,664$10,158$9,679$8,401
6 years$9,700$9,143$8,618$8,124$7,658$6,439
7 years$8,231$7,678$7,162$6,679$6,228$5,067
8 years$7,129$6,582$6,074$5,603$5,167$4,064
9 years$6,273$5,731$5,231$4,772$4,351$3,305
10 years$5,588$5,051$4,561$4,114$3,708$2,718
11 years$5,029$4,497$4,015$3,580$3,189$2,253
12 years$4,562$4,036$3,563$3,140$2,763$1,881
13 years$4,168$3,647$3,184$2,772$2,410$1,578
14 years$3,831$3,315$2,861$2,461$2,112$1,330
15 years$3,538$3,029$2,583$2,195$1,860$1,125
16 years$3,283$2,779$2,342$1,965$1,644$955
17 years$3,058$2,559$2,131$1,766$1,457$812
18 years$2,858$2,365$1,945$1,591$1,296$692
19 years$2,679$2,192$1,781$1,438$1,155$591
20 years$2,518$2,037$1,634$1,302$1,032$506
21 years$2,373$1,897$1,503$1,182$923$433
22 years$2,242$1,771$1,385$1,075$828$371
23 years$2,121$1,656$1,279$979$743$319
24 years$2,011$1,552$1,183$893$668$274
25 years$1,910$1,456$1,096$815$601$235
26 years$1,817$1,369$1,016$745$541$202
27 years$1,731$1,288$944$682$488$174
28 years$1,652$1,214$877$625$440$150
29 years$1,577$1,145$816$573$398$129
30 years$1,508$1,081$760$526$359$111
31 years$1,444$1,022$709$483$325$96
32 years$1,384$967$661$444$294$82
33 years$1,327$916$618$408$266$71
34 years$1,274$868$577$376$241$61
35 years$1,224$823$539$346$218$53
36 years$1,177$782$505$319$198$45
37 years$1,132$742$472$293$179$39
38 years$1,090$705$442$270$162$34
39 years$1,051$671$414$249$147$29
40 years$1,013$638$388$230$134$25
41 years$977$608$364$212$121$22
42 years$943$579$342$196$110$19
43 years$911$551$321$181$100$16
44 years$880$525$301$167$91$14
45 years$851$501$283$154$82$12
46 years$823$478$265$142$75$10
47 years$797$456$249$132$68$9
48 years$771$435$234$122$62$8
49 years$747$416$220$112$56$7
50 years$723$397$207$104$51$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $741,000, adding $6,660 every year, while hoping to spend $47,118 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: 72/12/16 Blend
34$741,000$741,000$741,000$741,000
35$823,452$784,179$772,693$879,263
36$857,311$772,470$748,445$905,471
37$893,044$758,609$721,806$927,807
38$930,793$742,440$692,645$951,040
39$970,712$723,798$660,827$975,247
40$1,012,970$702,509$626,210$1,000,519
41$1,057,751$678,389$588,646$1,026,953
42$1,105,255$651,244$547,979$1,054,659
43$1,155,702$620,866$504,047$1,083,759
44$1,209,333$587,037$456,682$1,114,387
45$1,266,410$549,527$405,706$1,146,694
46$1,327,221$508,092$350,934$1,180,848
47$1,392,082$462,472$292,175$1,217,035
48$1,461,337$412,396$229,226$1,255,460
49$1,535,365$357,576$161,876$1,296,353
50$1,614,581$297,705$89,907$1,339,969
51$1,699,438$232,463$13,090$1,386,589
52$1,790,437$161,509$0$1,436,529
53$1,888,123$84,485$0$1,501,895
54$1,993,098$1,012$0$1,574,463
55$2,106,021$0$0$1,652,467
56$2,227,615$0$0$1,748,223
57$2,358,675$0$0$1,851,605
58$2,500,074$0$0$1,963,171
59$2,652,772$0$0$2,083,682
60$2,817,822$0$0$2,213,974
61$2,996,383$0$0$2,354,965
62$3,189,728$0$0$2,507,664
63$3,399,258$0$0$2,673,183
64$3,626,511$0$0$2,852,741
65$3,873,180$0$0$3,047,681
66$4,141,128$0$0$3,259,479
67$4,432,402$0$0$3,489,761
68$4,749,256$0$0$3,740,312
69$5,094,168$0$0$4,013,100
70$5,469,868$0$0$4,310,286
71$5,879,355$0$0$4,634,254
72$6,325,934$0$0$4,987,622
73$6,813,241$0$0$5,373,275
74$7,345,279$0$0$5,794,387
75$7,926,452$0$0$6,254,453
76$8,561,612$0$0$6,757,321
77$9,256,098$0$0$7,307,226
78$10,015,789$0$0$7,908,832
79$10,847,160$0$0$8,567,274
80$11,757,337$0$0$9,288,208
81$12,754,172$0$0$10,077,859
82$13,846,307$0$0$10,943,086
83$15,043,263$0$0$11,891,441
84$16,355,525$0$0$12,931,240
85$17,794,640$0$0$14,071,646
86$19,373,326$0$0$15,322,748
87$21,105,593$0$0$16,695,659
88$23,006,870$0$0$18,202,623
89$25,094,156$0$0$19,857,123
90$27,386,174$0$0$21,674,013
91$29,903,548$0$0$23,669,658
92$32,669,001$0$0$25,862,082
93$35,707,561$0$0$28,271,145
94$39,046,803$0$0$30,918,722
95$42,717,105$0$0$33,828,916
96$46,751,936$0$0$37,028,279
97$51,188,167$0$0$40,546,065
98$56,066,420$0$0$44,414,503
99$61,431,453$0$0$48,669,103
100$67,332,576$0$0$53,348,988