Can I retire at age 35 with 748,000?

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 $748,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$61,769$61,219$60,682$60,158$59,647$58,466
2 years$30,579$30,009$29,457$28,922$28,403$27,219
3 years$20,183$19,611$19,061$18,531$18,020$16,869
4 years$14,987$14,416$13,871$13,350$12,852$11,743
5 years$11,869$11,303$10,765$10,254$9,770$8,706
6 years$9,792$9,229$8,700$8,200$7,731$6,713
7 years$8,309$7,751$7,229$6,742$6,287$5,316
8 years$7,197$6,644$6,131$5,656$5,216$4,291
9 years$6,332$5,785$5,281$4,817$4,392$3,513
10 years$5,641$5,099$4,604$4,153$3,743$2,908
11 years$5,076$4,539$4,053$3,614$3,219$2,428
12 years$4,605$4,074$3,597$3,170$2,789$2,041
13 years$4,208$3,682$3,214$2,799$2,432$1,725
14 years$3,867$3,347$2,888$2,484$2,132$1,465
15 years$3,572$3,057$2,607$2,216$1,877$1,249
16 years$3,314$2,805$2,364$1,984$1,659$1,068
17 years$3,087$2,583$2,151$1,782$1,471$916
18 years$2,885$2,387$1,963$1,606$1,308$787
19 years$2,704$2,212$1,797$1,451$1,166$678
20 years$2,542$2,056$1,650$1,315$1,041$584
21 years$2,396$1,915$1,517$1,193$932$505
22 years$2,263$1,788$1,398$1,085$835$436
23 years$2,141$1,672$1,291$988$750$378
24 years$2,030$1,566$1,194$901$674$327
25 years$1,928$1,470$1,106$823$606$284
26 years$1,834$1,382$1,026$752$546$246
27 years$1,748$1,300$953$689$493$213
28 years$1,667$1,225$886$631$444$185
29 years$1,592$1,156$824$579$401$161
30 years$1,523$1,092$768$531$363$140
31 years$1,458$1,032$716$488$328$122
32 years$1,397$976$668$448$297$106
33 years$1,340$925$623$412$268$92
34 years$1,286$876$582$379$243$80
35 years$1,236$831$545$349$220$70
36 years$1,188$789$509$322$199$61
37 years$1,143$749$477$296$181$53
38 years$1,101$712$447$273$164$46
39 years$1,061$677$418$252$149$40
40 years$1,023$644$392$232$135$35
41 years$987$613$368$214$122$30
42 years$952$584$345$198$111$26
43 years$920$556$324$183$101$23
44 years$889$530$304$169$91$20
45 years$859$506$285$156$83$17
46 years$831$483$268$144$75$15
47 years$804$460$252$133$68$13
48 years$778$440$237$123$62$11
49 years$754$420$222$113$56$10
50 years$730$401$209$105$51$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $748,000, adding $4,239 every year, while hoping to spend $34,048 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: 45/49/6 Blend
34$748,000$748,000$748,000$748,000
35$828,669$789,025$777,431$864,397
36$876,966$791,460$767,248$891,888
37$929,048$792,874$755,582$917,801
38$985,266$793,179$742,349$945,101
39$1,046,004$792,286$727,459$973,926
40$1,111,685$790,096$710,817$1,004,429
41$1,182,774$786,507$692,326$1,036,784
42$1,259,780$781,410$671,883$1,071,180
43$1,343,267$774,689$649,380$1,107,829
44$1,433,852$766,220$624,706$1,146,969
45$1,532,214$755,874$597,743$1,188,862
46$1,639,101$743,512$568,368$1,233,800
47$1,755,333$728,989$536,453$1,282,108
48$1,881,817$712,149$501,863$1,334,145
49$2,019,546$692,828$464,459$1,390,313
50$2,169,615$670,852$424,095$1,451,057
51$2,333,230$646,038$380,616$1,516,870
52$2,511,717$618,191$333,864$1,588,299
53$2,706,535$587,105$283,671$1,665,953
54$2,919,291$552,563$229,863$1,750,506
55$3,151,753$514,333$172,259$1,842,706
56$3,405,870$472,174$110,668$1,943,380
57$3,683,785$425,826$44,891$2,053,449
58$3,987,859$375,019$0$2,173,930
59$4,320,690$319,465$0$2,307,571
60$4,685,141$258,860$0$2,457,174
61$5,084,365$192,883$0$2,621,260
62$5,521,831$121,195$0$2,801,375
63$6,001,362$43,438$0$2,999,233
64$6,527,170$0$0$3,216,726
65$7,103,891$0$0$3,477,929
66$7,736,632$0$0$3,790,291
67$8,431,019$0$0$4,133,179
68$9,193,248$0$0$4,509,664
69$10,030,147$0$0$4,923,130
70$10,949,234$0$0$5,377,305
71$11,958,792$0$0$5,876,293
72$13,067,946$0$0$6,424,620
73$14,286,749$0$0$7,027,267
74$15,626,275$0$0$7,689,725
75$17,098,723$0$0$8,418,043
76$18,717,537$0$0$9,218,885
77$20,497,524$0$0$10,099,591
78$22,455,000$0$0$11,068,252
79$24,607,940$0$0$12,133,779
80$26,976,150$0$0$13,305,991
81$29,581,450$0$0$14,595,708
82$32,447,884$0$0$16,014,850
83$35,601,942$0$0$17,576,551
84$39,072,811$0$0$19,295,284
85$42,892,652$0$0$21,186,994
86$47,096,901$0$0$23,269,252
87$51,724,603$0$0$25,561,417
88$56,818,781$0$0$28,084,823
89$62,426,841$0$0$30,862,974
90$68,601,018$0$0$33,921,771
91$75,398,870$0$0$37,289,756
92$82,883,820$0$0$40,998,376
93$91,125,755$0$0$45,082,284
94$100,201,682$0$0$49,579,666
95$110,196,458$0$0$54,532,600
96$121,203,589$0$0$59,987,451
97$133,326,110$0$0$65,995,311
98$146,677,562$0$0$72,612,481
99$161,383,055$0$0$79,901,000
100$177,580,456$0$0$87,929,232