Can I retire at age 35 with 489,000?

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 $489,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$40,381$40,021$39,671$39,328$38,994$38,490
2 years$19,991$19,618$19,258$18,908$18,568$18,062
3 years$13,195$12,821$12,461$12,114$11,781$11,287
4 years$9,797$9,425$9,068$8,728$8,402$7,925
5 years$7,760$7,389$7,037$6,704$6,387$5,928
6 years$6,401$6,034$5,687$5,361$5,054$4,613
7 years$5,432$5,067$4,726$4,408$4,110$3,688
8 years$4,705$4,343$4,008$3,697$3,410$3,006
9 years$4,140$3,782$3,452$3,149$2,872$2,486
10 years$3,688$3,333$3,010$2,715$2,447$2,080
11 years$3,318$2,968$2,650$2,363$2,104$1,755
12 years$3,011$2,664$2,352$2,072$1,823$1,491
13 years$2,751$2,407$2,101$1,830$1,590$1,275
14 years$2,528$2,188$1,888$1,624$1,394$1,095
15 years$2,335$1,999$1,704$1,448$1,227$945
16 years$2,166$1,834$1,545$1,297$1,085$817
17 years$2,018$1,689$1,406$1,165$962$709
18 years$1,886$1,561$1,284$1,050$855$617
19 years$1,768$1,446$1,175$949$762$538
20 years$1,662$1,344$1,078$859$681$470
21 years$1,566$1,252$992$780$609$411
22 years$1,479$1,169$914$709$546$360
23 years$1,400$1,093$844$646$490$316
24 years$1,327$1,024$781$589$441$277
25 years$1,261$961$723$538$396$244
26 years$1,199$903$671$492$357$214
27 years$1,143$850$623$450$322$188
28 years$1,090$801$579$413$291$166
29 years$1,041$756$539$378$262$146
30 years$995$714$502$347$237$129
31 years$953$675$468$319$214$113
32 years$913$638$436$293$194$100
33 years$876$604$408$269$175$88
34 years$841$573$381$248$159$78
35 years$808$543$356$228$144$69
36 years$777$516$333$210$130$61
37 years$747$490$312$194$118$54
38 years$720$466$292$179$107$47
39 years$693$443$273$165$97$42
40 years$669$421$256$152$88$37
41 years$645$401$240$140$80$33
42 years$623$382$225$129$73$29
43 years$601$364$212$119$66$25
44 years$581$347$199$110$60$23
45 years$562$331$186$102$54$20
46 years$543$315$175$94$49$18
47 years$526$301$165$87$45$16
48 years$509$287$155$80$41$14
49 years$493$274$145$74$37$12
50 years$477$262$137$69$34$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $489,000, adding $4,472 every year, while hoping to spend $31,381 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: 44/48/8 Blend
34$489,000$489,000$489,000$489,000
35$543,491$517,574$509,994$565,975
36$565,538$509,546$493,690$573,976
37$588,782$500,073$475,788$579,071
38$613,312$489,050$456,201$583,873
39$639,225$476,369$434,839$588,366
40$666,626$461,912$411,607$592,534
41$695,632$445,556$386,406$596,364
42$726,369$427,170$359,132$599,842
43$758,974$406,617$329,678$602,957
44$793,597$383,749$297,931$605,699
45$830,405$358,413$263,772$608,061
46$869,576$330,445$227,078$610,037
47$911,309$299,673$187,721$611,626
48$955,818$265,914$145,566$612,829
49$1,003,342$228,974$100,473$613,653
50$1,054,140$188,650$52,296$614,108
51$1,108,495$144,727$880$614,212
52$1,166,719$96,976$0$613,987
53$1,229,155$45,159$0$618,075
54$1,296,178$0$0$622,285
55$1,368,198$0$0$632,407
56$1,445,669$0$0$668,995
57$1,529,086$0$0$708,434
58$1,618,995$0$0$750,990
59$1,715,993$0$0$796,951
60$1,820,738$0$0$846,634
61$1,933,954$0$0$900,390
62$2,056,434$0$0$958,601
63$2,189,051$0$0$1,021,691
64$2,332,765$0$0$1,090,124
65$2,488,632$0$0$1,164,409
66$2,657,811$0$0$1,245,109
67$2,841,581$0$0$1,332,841
68$3,041,343$0$0$1,428,285
69$3,258,645$0$0$1,532,189
70$3,495,184$0$0$1,645,374
71$3,752,831$0$0$1,768,747
72$4,033,643$0$0$1,903,303
73$4,339,887$0$0$2,050,140
74$4,674,054$0$0$2,210,464
75$5,038,888$0$0$2,385,604
76$5,437,410$0$0$2,577,023
77$5,872,944$0$0$2,786,332
78$6,349,152$0$0$3,015,303
79$6,870,064$0$0$3,265,890
80$7,440,117$0$0$3,540,242
81$8,064,200$0$0$3,840,726
82$8,747,692$0$0$4,169,950
83$9,496,520$0$0$4,530,786
84$10,317,211$0$0$4,926,395
85$11,216,951$0$0$5,360,260
86$12,203,658$0$0$5,836,218
87$13,286,050$0$0$6,358,494
88$14,473,730$0$0$6,931,742
89$15,777,278$0$0$7,561,088
90$17,208,346$0$0$8,252,181
91$18,779,769$0$0$9,011,240
92$20,505,686$0$0$9,845,120
93$22,401,674$0$0$10,761,370
94$24,484,891$0$0$11,768,307
95$26,774,241$0$0$12,875,093
96$29,290,550$0$0$14,091,824
97$32,056,760$0$0$15,429,621
98$35,098,149$0$0$16,900,737
99$38,442,565$0$0$18,518,671
100$42,120,690$0$0$20,298,297