Can I retire at age 35 with 489,000?

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 $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%12%
1 years$40,381$40,021$39,671$39,328$38,994$38,667
2 years$19,991$19,618$19,258$18,908$18,568$18,239
3 years$13,195$12,821$12,461$12,114$11,781$11,459
4 years$9,797$9,425$9,068$8,728$8,402$8,090
5 years$7,760$7,389$7,037$6,704$6,387$6,087
6 years$6,401$6,034$5,687$5,361$5,054$4,765
7 years$5,432$5,067$4,726$4,408$4,110$3,833
8 years$4,705$4,343$4,008$3,697$3,410$3,144
9 years$4,140$3,782$3,452$3,149$2,872$2,617
10 years$3,688$3,333$3,010$2,715$2,447$2,203
11 years$3,318$2,968$2,650$2,363$2,104$1,872
12 years$3,011$2,664$2,352$2,072$1,823$1,602
13 years$2,751$2,407$2,101$1,830$1,590$1,380
14 years$2,528$2,188$1,888$1,624$1,394$1,194
15 years$2,335$1,999$1,704$1,448$1,227$1,037
16 years$2,166$1,834$1,545$1,297$1,085$904
17 years$2,018$1,689$1,406$1,165$962$791
18 years$1,886$1,561$1,284$1,050$855$694
19 years$1,768$1,446$1,175$949$762$610
20 years$1,662$1,344$1,078$859$681$537
21 years$1,566$1,252$992$780$609$473
22 years$1,479$1,169$914$709$546$418
23 years$1,400$1,093$844$646$490$370
24 years$1,327$1,024$781$589$441$327
25 years$1,261$961$723$538$396$290
26 years$1,199$903$671$492$357$257
27 years$1,143$850$623$450$322$228
28 years$1,090$801$579$413$291$203
29 years$1,041$756$539$378$262$180
30 years$995$714$502$347$237$160
31 years$953$675$468$319$214$143
32 years$913$638$436$293$194$127
33 years$876$604$408$269$175$113
34 years$841$573$381$248$159$101
35 years$808$543$356$228$144$90
36 years$777$516$333$210$130$80
37 years$747$490$312$194$118$71
38 years$720$466$292$179$107$63
39 years$693$443$273$165$97$57
40 years$669$421$256$152$88$50
41 years$645$401$240$140$80$45
42 years$623$382$225$129$73$40
43 years$601$364$212$119$66$36
44 years$581$347$199$110$60$32
45 years$562$331$186$102$54$28
46 years$543$315$175$94$49$25
47 years$526$301$165$87$45$23
48 years$509$287$155$80$41$20
49 years$493$274$145$74$37$18
50 years$477$262$137$69$34$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $489,000, adding $5,558 every year, while hoping to spend $25,285 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: 66/5/29 Blend
34$489,000$489,000$489,000$489,000
35$544,611$518,694$511,115$576,045
36$573,258$517,207$501,334$596,465
37$603,980$514,800$490,378$615,468
38$636,962$511,400$478,181$635,691
39$672,405$506,933$464,674$657,259
40$710,534$501,316$449,784$680,308
41$751,593$494,465$433,436$704,988
42$795,850$486,288$415,551$731,466
43$843,601$476,690$396,046$759,928
44$895,169$465,569$374,834$790,577
45$950,911$452,816$351,826$823,641
46$1,011,219$438,319$326,927$859,370
47$1,076,522$421,956$300,038$898,041
48$1,147,294$403,598$271,056$939,961
49$1,224,056$383,112$239,874$985,468
50$1,307,378$360,354$206,379$1,034,939
51$1,397,892$335,172$170,453$1,088,787
52$1,496,288$307,407$131,975$1,147,471
53$1,603,329$276,890$90,816$1,211,498
54$1,719,853$243,441$46,842$1,281,428
55$1,846,780$206,872$0$1,357,880
56$1,985,127$166,984$0$1,441,564
57$2,136,010$123,566$0$1,548,679
58$2,300,656$76,394$0$1,665,598
59$2,480,421$25,235$0$1,793,292
60$2,676,791$0$0$1,932,830
61$2,891,408$0$0$2,087,050
62$3,126,076$0$0$2,257,227
63$3,382,781$0$0$2,443,416
64$3,663,713$0$0$2,647,209
65$3,971,280$0$0$2,870,358
66$4,308,135$0$0$3,114,792
67$4,677,202$0$0$3,382,636
68$5,081,696$0$0$3,676,228
69$5,525,163$0$0$3,998,147
70$6,011,505$0$0$4,351,230
71$6,545,022$0$0$4,738,604
72$7,130,447$0$0$5,163,712
73$7,772,998$0$0$5,630,346
74$8,478,420$0$0$6,142,686
75$9,253,041$0$0$6,705,332
76$10,103,832$0$0$7,323,355
77$11,038,474$0$0$8,002,340
78$12,065,427$0$0$8,748,439
79$13,194,012$0$0$9,568,431
80$14,434,496$0$0$10,469,783
81$15,798,193$0$0$11,460,723
82$17,297,565$0$0$12,550,313
83$18,946,344$0$0$13,748,541
84$20,759,658$0$0$15,066,408
85$22,754,175$0$0$16,516,035
86$24,948,259$0$0$18,110,780
87$27,362,144$0$0$19,865,358
88$30,018,123$0$0$21,795,981
89$32,940,762$0$0$23,920,515
90$36,157,124$0$0$26,258,644
91$39,697,033$0$0$28,832,057
92$43,593,346$0$0$31,664,651
93$47,882,270$0$0$34,782,759
94$52,603,701$0$0$38,215,396
95$57,801,596$0$0$41,994,533
96$63,524,395$0$0$46,155,399
97$69,825,471$0$0$50,736,812
98$76,763,637$0$0$55,781,547
99$84,403,699$0$0$61,336,736
100$92,817,067$0$0$67,454,316