Can I retire at age 35 with 744,000?

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 $744,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$61,439$60,892$60,358$59,836$59,328$58,130
2 years$30,415$29,849$29,300$28,768$28,251$27,050
3 years$20,075$19,507$18,959$18,432$17,924$16,756
4 years$14,907$14,339$13,797$13,279$12,783$11,658
5 years$11,806$11,242$10,707$10,200$9,718$8,639
6 years$9,740$9,180$8,653$8,157$7,689$6,657
7 years$8,264$7,709$7,191$6,706$6,253$5,269
8 years$7,158$6,608$6,098$5,626$5,188$4,250
9 years$6,298$5,754$5,252$4,792$4,369$3,478
10 years$5,611$5,072$4,579$4,130$3,723$2,877
11 years$5,049$4,515$4,031$3,595$3,202$2,401
12 years$4,581$4,052$3,578$3,153$2,774$2,017
13 years$4,185$3,662$3,197$2,784$2,419$1,704
14 years$3,846$3,329$2,872$2,471$2,121$1,446
15 years$3,553$3,041$2,593$2,204$1,867$1,232
16 years$3,296$2,790$2,351$1,973$1,650$1,053
17 years$3,070$2,570$2,139$1,773$1,463$902
18 years$2,869$2,374$1,953$1,598$1,301$774
19 years$2,690$2,201$1,788$1,444$1,160$666
20 years$2,529$2,045$1,641$1,308$1,036$574
21 years$2,383$1,905$1,509$1,187$927$495
22 years$2,251$1,778$1,391$1,079$831$428
23 years$2,130$1,663$1,284$983$746$370
24 years$2,020$1,558$1,188$896$670$320
25 years$1,918$1,462$1,100$818$603$278
26 years$1,825$1,374$1,020$748$543$241
27 years$1,738$1,293$947$685$490$209
28 years$1,658$1,219$881$628$442$181
29 years$1,584$1,150$820$576$399$157
30 years$1,514$1,086$763$528$361$136
31 years$1,450$1,026$712$485$326$118
32 years$1,389$971$664$446$295$103
33 years$1,332$920$620$410$267$89
34 years$1,279$872$579$377$242$78
35 years$1,229$827$542$347$219$68
36 years$1,182$785$507$320$198$59
37 years$1,137$745$474$295$180$51
38 years$1,095$708$444$272$163$44
39 years$1,055$674$416$250$148$39
40 years$1,017$641$390$231$134$34
41 years$981$610$366$213$122$29
42 years$947$581$343$197$110$25
43 years$915$553$322$182$100$22
44 years$884$528$302$168$91$19
45 years$855$503$284$155$83$17
46 years$827$480$266$143$75$15
47 years$800$458$250$132$68$13
48 years$774$437$235$122$62$11
49 years$750$418$221$113$56$10
50 years$726$399$208$104$51$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $744,000, adding $5,454 every year, while hoping to spend $27,166 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: 34/41/25 Blend
34$744,000$744,000$744,000$744,000
35$825,514$786,082$774,550$847,158
36$880,812$795,695$771,593$873,429
37$940,840$804,870$767,626$898,898
38$1,006,051$813,554$762,588$925,824
39$1,076,946$821,695$756,412$954,354
40$1,154,072$829,236$749,029$984,651
41$1,238,035$836,116$740,369$1,016,896
42$1,329,498$842,270$730,355$1,051,292
43$1,429,194$847,628$718,909$1,088,063
44$1,537,928$852,118$705,949$1,127,457
45$1,656,586$855,661$691,387$1,169,751
46$1,786,143$858,174$675,134$1,215,251
47$1,927,673$859,568$657,095$1,264,296
48$2,082,359$859,750$637,171$1,317,265
49$2,251,502$858,620$615,258$1,374,576
50$2,436,535$856,072$591,249$1,436,690
51$2,639,035$851,994$565,030$1,504,124
52$2,860,741$846,266$536,483$1,577,445
53$3,103,566$838,762$505,484$1,657,284
54$3,369,615$829,347$471,904$1,744,339
55$3,661,211$817,880$435,607$1,839,385
56$3,980,908$804,210$396,454$1,943,277
57$4,331,522$788,177$354,296$2,056,963
58$4,716,151$769,612$308,979$2,181,493
59$5,138,212$748,336$260,343$2,318,028
60$5,601,464$724,159$208,219$2,467,851
61$6,110,052$696,881$152,433$2,632,384
62$6,668,538$666,289$92,800$2,813,198
63$7,281,951$632,160$29,131$3,012,031
64$7,955,829$594,254$0$3,230,804
65$8,696,272$552,321$0$3,481,996
66$9,510,002$506,095$0$3,766,566
67$10,404,425$455,296$0$4,079,389
68$11,387,697$399,626$0$4,423,394
69$12,468,806$338,772$0$4,801,811
70$13,657,655$272,403$0$5,218,210
71$14,965,153$200,168$0$5,676,525
72$16,403,319$121,697$0$6,181,102
73$17,985,398$36,600$0$6,736,733
74$19,725,981$0$0$7,348,708
75$21,641,144$0$0$8,047,919
76$23,748,602$0$0$8,835,633
77$26,067,873$0$0$9,702,649
78$28,620,462$0$0$10,657,022
79$31,430,066$0$0$11,707,630
80$34,522,794$0$0$12,864,253
81$37,927,417$0$0$14,137,668
82$41,675,635$0$0$15,539,752
83$45,802,379$0$0$17,083,589
84$50,346,140$0$0$18,783,600
85$55,349,330$0$0$20,655,672
86$60,858,684$0$0$22,717,314
87$66,925,699$0$0$24,987,819
88$73,607,121$0$0$27,488,446
89$80,965,482$0$0$30,242,620
90$89,069,683$0$0$33,276,156
91$97,995,654$0$0$36,617,500
92$107,827,060$0$0$40,297,997
93$118,656,100$0$0$44,352,188
94$130,584,367$0$0$48,818,136
95$143,723,817$0$0$53,737,784
96$158,197,815$0$0$59,157,354
97$174,142,307$0$0$65,127,776
98$191,707,100$0$0$71,705,176
99$211,057,273$0$0$78,951,405
100$232,374,740$0$0$86,934,616