Can I retire at age 35 with 488,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $488,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$40,299$39,940$39,589$39,248$38,914$37,729
2 years$19,950$19,578$19,218$18,869$18,530$17,346
3 years$13,168$12,795$12,435$12,090$11,756$10,611
4 years$9,777$9,405$9,050$8,710$8,385$7,287
5 years$7,744$7,374$7,023$6,690$6,374$5,326
6 years$6,388$6,021$5,676$5,350$5,044$4,047
7 years$5,421$5,057$4,716$4,399$4,102$3,156
8 years$4,695$4,335$4,000$3,690$3,403$2,507
9 years$4,131$3,774$3,445$3,143$2,866$2,020
10 years$3,680$3,327$3,004$2,709$2,442$1,644
11 years$3,312$2,961$2,644$2,358$2,100$1,349
12 years$3,005$2,658$2,347$2,068$1,820$1,114
13 years$2,745$2,402$2,097$1,826$1,587$925
14 years$2,523$2,183$1,884$1,621$1,391$771
15 years$2,330$1,995$1,701$1,445$1,225$645
16 years$2,162$1,830$1,542$1,294$1,082$541
17 years$2,014$1,685$1,403$1,163$960$455
18 years$1,882$1,557$1,281$1,048$853$383
19 years$1,764$1,443$1,173$947$761$323
20 years$1,659$1,341$1,076$858$679$273
21 years$1,563$1,249$990$778$608$231
22 years$1,476$1,166$912$708$545$196
23 years$1,397$1,091$842$645$489$166
24 years$1,325$1,022$779$588$440$141
25 years$1,258$959$722$537$396$119
26 years$1,197$901$669$491$356$101
27 years$1,140$848$621$449$321$86
28 years$1,088$799$578$412$290$73
29 years$1,039$754$538$378$262$62
30 years$993$712$501$346$237$53
31 years$951$673$467$318$214$45
32 years$911$637$436$292$193$38
33 years$874$603$407$269$175$32
34 years$839$572$380$247$159$28
35 years$806$542$355$228$144$23
36 years$775$515$332$210$130$20
37 years$746$489$311$193$118$17
38 years$718$465$291$178$107$14
39 years$692$442$273$164$97$12
40 years$667$420$256$152$88$10
41 years$644$400$240$140$80$9
42 years$621$381$225$129$72$8
43 years$600$363$211$119$66$6
44 years$580$346$198$110$60$5
45 years$561$330$186$102$54$5
46 years$542$315$175$94$49$4
47 years$525$300$164$87$45$3
48 years$508$287$154$80$41$3
49 years$492$274$145$74$37$2
50 years$476$262$136$68$33$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $488,000, adding $3,108 every year, while hoping to spend $22,695 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: 49/23/28 Blend
34$488,000$488,000$488,000$488,000
35$540,982$515,118$507,554$563,051
36$572,015$516,211$500,410$579,937
37$605,452$516,598$492,265$595,783
38$641,516$516,219$483,064$612,557
39$680,449$515,011$472,745$630,360
40$722,518$512,910$461,245$649,301
41$768,017$509,845$448,499$669,502
42$817,269$505,742$434,437$691,101
43$870,628$500,521$418,989$714,248
44$928,484$494,099$402,078$739,113
45$991,268$486,388$383,625$765,884
46$1,059,449$477,293$363,549$794,767
47$1,133,548$466,715$341,763$825,996
48$1,214,135$454,550$318,177$859,827
49$1,301,839$440,684$292,698$896,544
50$1,397,350$425,001$265,226$936,465
51$1,501,428$407,375$235,661$979,940
52$1,614,912$387,674$203,893$1,027,358
53$1,738,721$365,759$169,812$1,079,151
54$1,873,871$341,481$133,300$1,135,797
55$2,021,476$314,684$94,236$1,197,825
56$2,182,766$285,203$52,493$1,265,822
57$2,359,093$252,862$7,936$1,340,439
58$2,551,946$217,479$0$1,422,394
59$2,762,966$178,856$0$1,524,319
60$2,993,957$136,789$0$1,638,561
61$3,246,909$91,059$0$1,763,766
62$3,524,009$41,437$0$1,901,061
63$3,827,671$0$0$2,051,690
64$4,160,548$0$0$2,220,141
65$4,525,567$0$0$2,416,410
66$4,925,947$0$0$2,631,747
67$5,365,238$0$0$2,868,068
68$5,847,346$0$0$3,127,482
69$6,376,578$0$0$3,412,312
70$6,957,675$0$0$3,725,119
71$7,595,860$0$0$4,068,722
72$8,296,888$0$0$4,446,227
73$9,067,098$0$0$4,861,056
74$9,913,472$0$0$5,316,979
75$10,843,705$0$0$5,818,150
76$11,866,273$0$0$6,369,143
77$12,990,512$0$0$6,974,999
78$14,226,711$0$0$7,641,274
79$15,586,203$0$0$8,374,086
80$17,081,478$0$0$9,180,176
81$18,726,294$0$0$10,066,974
82$20,535,809$0$0$11,042,664
83$22,526,727$0$0$12,116,262
84$24,717,451$0$0$13,297,706
85$27,128,259$0$0$14,597,944
86$29,781,492$0$0$16,029,037
87$32,701,769$0$0$17,604,278
88$35,916,214$0$0$19,338,313
89$39,454,718$0$0$21,247,279
90$43,350,212$0$0$23,348,957
91$47,638,988$0$0$25,662,943
92$52,361,030$0$0$28,210,825
93$57,560,402$0$0$31,016,394
94$63,285,653$0$0$34,105,865
95$69,590,284$0$0$37,508,126
96$76,533,246$0$0$41,255,005
97$84,179,500$0$0$45,381,580
98$92,600,627$0$0$49,926,500
99$101,875,507$0$0$54,932,356
100$112,091,057$0$0$60,446,080