Can I retire at age 35 with 745,000?

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 $745,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$61,521$60,973$60,439$59,917$59,407$57,345
2 years$30,456$29,889$29,339$28,806$28,289$26,233
3 years$20,102$19,533$18,984$18,456$17,948$15,962
4 years$14,927$14,359$13,816$13,297$12,801$10,900
5 years$11,822$11,257$10,722$10,213$9,731$7,921
6 years$9,753$9,192$8,665$8,168$7,700$5,982
7 years$8,275$7,720$7,200$6,715$6,262$4,636
8 years$7,168$6,617$6,106$5,633$5,195$3,660
9 years$6,307$5,762$5,260$4,798$4,375$2,928
10 years$5,619$5,079$4,585$4,136$3,728$2,367
11 years$5,056$4,521$4,037$3,600$3,206$1,929
12 years$4,587$4,058$3,583$3,157$2,778$1,581
13 years$4,191$3,667$3,201$2,787$2,423$1,303
14 years$3,851$3,333$2,876$2,474$2,124$1,078
15 years$3,558$3,045$2,597$2,207$1,870$895
16 years$3,301$2,794$2,354$1,976$1,653$745
17 years$3,074$2,573$2,142$1,775$1,465$621
18 years$2,873$2,378$1,956$1,600$1,303$519
19 years$2,694$2,203$1,790$1,446$1,161$434
20 years$2,532$2,048$1,643$1,309$1,037$364
21 years$2,386$1,907$1,511$1,188$928$305
22 years$2,254$1,780$1,393$1,080$832$256
23 years$2,133$1,665$1,286$984$747$215
24 years$2,022$1,560$1,189$897$671$181
25 years$1,921$1,464$1,102$820$604$152
26 years$1,827$1,376$1,022$749$544$128
27 years$1,741$1,295$949$686$491$108
28 years$1,660$1,220$882$628$443$91
29 years$1,586$1,151$821$576$400$76
30 years$1,516$1,087$764$529$361$64
31 years$1,452$1,028$713$486$327$54
32 years$1,391$972$665$446$295$46
33 years$1,334$921$621$411$267$38
34 years$1,281$873$580$378$242$32
35 years$1,231$828$542$348$219$27
36 years$1,183$786$507$320$199$23
37 years$1,139$746$475$295$180$19
38 years$1,096$709$445$272$163$16
39 years$1,056$674$417$251$148$14
40 years$1,019$642$391$231$134$12
41 years$983$611$366$213$122$10
42 years$948$582$343$197$110$8
43 years$916$554$322$182$100$7
44 years$885$528$303$168$91$6
45 years$856$504$284$155$83$5
46 years$828$481$267$143$75$4
47 years$801$459$251$132$68$4
48 years$775$438$236$122$62$3
49 years$751$418$221$113$56$3
50 years$727$399$208$104$51$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $745,000, adding $4,641 every year, while hoping to spend $30,157 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: 66/16/18 Blend
34$745,000$745,000$745,000$745,000
35$825,777$786,292$774,745$876,313
36$877,920$792,734$768,612$917,171
37$934,370$798,480$761,263$957,908
38$995,536$803,465$752,625$1,001,709
39$1,061,865$807,620$742,622$1,048,875
40$1,133,850$810,868$731,175$1,099,738
41$1,212,034$813,132$718,201$1,154,661
42$1,297,012$814,326$703,611$1,214,050
43$1,389,440$814,361$687,315$1,278,348
44$1,490,040$813,142$669,218$1,348,047
45$1,599,607$810,568$649,219$1,423,690
46$1,719,012$806,532$627,213$1,505,873
47$1,849,219$800,920$603,093$1,595,258
48$1,991,286$793,611$576,742$1,692,572
49$2,146,376$784,477$548,042$1,798,620
50$2,315,773$773,383$516,869$1,914,288
51$2,500,889$760,186$483,090$2,040,554
52$2,703,277$744,732$446,571$2,178,498
53$2,924,648$726,861$407,168$2,329,310
54$3,166,886$706,402$364,733$2,494,306
55$3,432,067$683,173$319,110$2,674,935
56$3,722,474$656,985$270,136$2,872,796
57$4,040,623$627,634$217,642$3,089,653
58$4,389,285$594,906$161,451$3,327,453
59$4,771,510$558,575$101,378$3,588,342
60$5,190,660$518,401$37,230$3,874,689
61$5,650,436$474,131$0$4,189,107
62$6,154,914$425,497$0$4,540,473
63$6,708,584$372,216$0$4,933,989
64$7,316,395$313,989$0$5,366,043
65$7,983,793$250,500$0$5,840,547
66$8,716,781$181,416$0$6,361,808
67$9,521,971$106,384$0$6,934,577
68$10,406,647$25,032$0$7,564,089
69$11,378,834$0$0$8,256,113
70$12,447,370$0$0$9,028,106
71$13,621,996$0$0$9,881,644
72$14,913,442$0$0$10,820,122
73$16,333,527$0$0$11,852,137
74$17,895,278$0$0$12,987,161
75$19,613,042$0$0$14,235,630
76$21,502,630$0$0$15,609,041
77$23,581,462$0$0$17,120,064
78$25,868,730$0$0$18,782,657
79$28,385,580$0$0$20,612,199
80$31,155,314$0$0$22,625,636
81$34,203,605$0$0$24,841,640
82$37,558,740$0$0$27,280,784
83$41,251,890$0$0$29,965,738
84$45,317,399$0$0$32,921,480
85$49,793,112$0$0$36,175,534
86$54,720,727$0$0$39,758,227
87$60,146,193$0$0$43,702,978
88$66,120,142$0$0$48,046,610
89$72,698,362$0$0$52,829,699
90$79,942,332$0$0$58,096,957
91$87,919,791$0$0$63,897,651
92$96,705,387$0$0$70,286,073
93$106,381,373$0$0$77,322,046
94$117,038,389$0$0$85,071,493
95$128,776,313$0$0$93,607,055
96$141,705,206$0$0$103,008,779
97$155,946,348$0$0$113,364,874
98$171,633,383$0$0$124,772,541
99$188,913,582$0$0$137,338,890
100$207,949,230$0$0$151,181,953