Can I retire at age 35 with 743,000?

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 $743,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$61,356$60,810$60,277$59,756$59,248$57,328
2 years$30,374$29,809$29,260$28,729$28,213$26,297
3 years$20,048$19,480$18,933$18,407$17,900$16,048
4 years$14,886$14,320$13,779$13,261$12,766$10,992
5 years$11,790$11,227$10,693$10,186$9,705$8,013
6 years$9,727$9,168$8,641$8,146$7,679$6,072
7 years$8,253$7,699$7,181$6,697$6,245$4,722
8 years$7,149$6,600$6,090$5,618$5,181$3,740
9 years$6,290$5,746$5,245$4,785$4,363$3,004
10 years$5,603$5,065$4,573$4,125$3,718$2,437
11 years$5,042$4,509$4,026$3,590$3,197$1,994
12 years$4,575$4,047$3,573$3,149$2,771$1,641
13 years$4,179$3,657$3,192$2,780$2,416$1,358
14 years$3,841$3,324$2,868$2,468$2,118$1,128
15 years$3,548$3,037$2,590$2,201$1,865$940
16 years$3,292$2,786$2,348$1,971$1,648$786
17 years$3,066$2,566$2,136$1,771$1,461$658
18 years$2,865$2,371$1,950$1,596$1,299$553
19 years$2,686$2,198$1,785$1,442$1,158$465
20 years$2,525$2,042$1,639$1,306$1,034$391
21 years$2,380$1,902$1,507$1,185$926$329
22 years$2,248$1,776$1,389$1,078$830$278
23 years$2,127$1,661$1,283$981$745$234
24 years$2,017$1,556$1,186$895$669$198
25 years$1,916$1,460$1,099$817$602$167
26 years$1,822$1,372$1,019$747$543$141
27 years$1,736$1,292$946$684$489$120
28 years$1,656$1,217$880$627$441$101
29 years$1,582$1,148$819$575$399$86
30 years$1,512$1,084$762$527$360$72
31 years$1,448$1,025$711$484$326$61
32 years$1,387$970$663$445$295$52
33 years$1,331$918$619$409$267$44
34 years$1,277$870$579$377$241$37
35 years$1,227$826$541$347$219$32
36 years$1,180$784$506$319$198$27
37 years$1,136$744$474$294$180$23
38 years$1,093$707$444$271$163$19
39 years$1,054$673$416$250$148$16
40 years$1,016$640$389$231$134$14
41 years$980$609$365$213$121$12
42 years$946$580$343$196$110$10
43 years$914$553$321$181$100$8
44 years$883$527$302$167$91$7
45 years$853$502$283$155$82$6
46 years$825$479$266$143$75$5
47 years$799$457$250$132$68$4
48 years$773$437$235$122$62$4
49 years$749$417$221$113$56$3
50 years$725$398$208$104$51$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $743,000, adding $3,454 every year, while hoping to spend $24,186 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: 73/21/6 Blend
34$743,000$743,000$743,000$743,000
35$822,349$782,970$771,453$881,556
36$880,495$795,602$771,563$933,663
37$943,761$808,042$770,866$987,326
38$1,012,644$820,255$769,310$1,045,406
39$1,087,691$832,205$766,839$1,108,332
40$1,169,502$843,850$763,395$1,176,575
41$1,258,741$855,149$758,919$1,250,656
42$1,356,136$866,054$753,346$1,331,145
43$1,462,489$876,517$746,609$1,418,673
44$1,578,682$886,486$738,640$1,513,935
45$1,705,688$895,905$729,366$1,617,697
46$1,844,578$904,713$718,708$1,730,800
47$1,996,528$912,848$706,589$1,854,174
48$2,162,838$920,241$692,923$1,988,844
49$2,344,935$926,820$677,623$2,135,936
50$2,544,392$932,509$660,598$2,296,695
51$2,762,943$937,225$641,751$2,472,489
52$3,002,496$940,881$620,982$2,664,829
53$3,265,151$943,385$598,185$2,875,378
54$3,553,224$944,638$573,252$3,105,970
55$3,869,263$944,536$546,067$3,358,626
56$4,216,077$942,967$516,509$3,635,572
57$4,596,759$939,815$484,454$3,939,264
58$5,014,716$934,953$449,771$4,272,407
59$5,473,701$928,250$412,322$4,637,982
60$5,977,848$919,563$371,964$5,039,275
61$6,531,711$908,745$328,548$5,479,909
62$7,140,309$895,636$281,917$5,963,875
63$7,809,167$880,069$231,909$6,495,572
64$8,544,377$861,867$178,352$7,079,850
65$9,352,646$840,842$121,070$7,722,054
66$10,241,366$816,793$59,876$8,428,075
67$11,218,680$789,511$0$9,204,404
68$12,293,560$758,771$0$10,058,546
69$13,475,891$724,339$0$11,002,153
70$14,776,564$685,964$0$12,040,094
71$16,207,579$643,381$0$13,181,965
72$17,782,157$596,312$0$14,438,341
73$19,514,866$544,460$0$15,820,875
74$21,421,758$487,514$0$17,342,412
75$23,520,519$425,144$0$19,017,106
76$25,830,636$357,000$0$20,860,559
77$28,373,582$282,715$0$22,889,963
78$31,173,018$201,898$0$25,124,265
79$34,255,014$114,139$0$27,584,350
80$37,648,298$19,005$0$30,293,230
81$41,384,524$0$0$33,276,269
82$45,498,572$0$0$36,580,825
83$50,028,877$0$0$40,224,614
84$55,017,791$0$0$44,237,314
85$60,511,982$0$0$48,656,469
86$66,562,875$0$0$53,523,446
87$73,227,138$0$0$58,883,831
88$80,567,213$0$0$64,787,857
89$88,651,909$0$0$71,290,877
90$97,557,050$0$0$78,453,886
91$107,366,188$0$0$86,344,100
92$118,171,396$0$0$95,035,584
93$130,074,131$0$0$104,609,959
94$143,186,197$0$0$115,157,162
95$157,630,796$0$0$126,776,306
96$173,543,691$0$0$139,576,606
97$191,074,489$0$0$153,678,413
98$210,388,054$0$0$169,214,352
99$231,666,057$0$0$186,330,570
100$255,108,697$0$0$205,188,118