Can I retire at age 35 with 490,000?

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 $490,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$40,464$40,103$39,752$39,408$39,073$38,811
2 years$20,032$19,658$19,297$18,946$18,606$18,342
3 years$13,222$12,847$12,486$12,139$11,805$11,546
4 years$9,817$9,444$9,087$8,746$8,419$8,168
5 years$7,775$7,404$7,052$6,717$6,400$6,158
6 years$6,415$6,046$5,699$5,372$5,064$4,831
7 years$5,443$5,077$4,736$4,417$4,119$3,894
8 years$4,714$4,352$4,016$3,705$3,417$3,202
9 years$4,148$3,789$3,459$3,156$2,877$2,672
10 years$3,695$3,340$3,016$2,720$2,452$2,255
11 years$3,325$2,974$2,655$2,368$2,109$1,920
12 years$3,017$2,669$2,356$2,077$1,827$1,648
13 years$2,756$2,412$2,105$1,833$1,593$1,422
14 years$2,533$2,192$1,892$1,627$1,397$1,234
15 years$2,340$2,003$1,708$1,451$1,230$1,075
16 years$2,171$1,838$1,548$1,300$1,087$940
17 years$2,022$1,692$1,409$1,168$964$824
18 years$1,890$1,564$1,286$1,052$857$725
19 years$1,772$1,449$1,177$951$764$639
20 years$1,665$1,347$1,081$861$682$564
21 years$1,569$1,254$994$782$610$499
22 years$1,482$1,171$916$711$547$442
23 years$1,403$1,095$846$647$491$392
24 years$1,330$1,026$782$590$442$348
25 years$1,263$963$725$539$397$310
26 years$1,202$905$672$493$358$275
27 years$1,145$852$624$451$323$245
28 years$1,092$803$580$413$291$218
29 years$1,043$757$540$379$263$195
30 years$997$715$503$348$238$174
31 years$955$676$469$319$215$155
32 years$915$640$437$294$194$138
33 years$878$606$408$270$176$124
34 years$842$574$382$248$159$110
35 years$809$544$357$229$144$99
36 years$778$517$334$211$131$88
37 years$749$491$312$194$118$79
38 years$721$466$292$179$107$71
39 years$695$444$274$165$97$63
40 years$670$422$257$152$88$57
41 years$646$402$241$140$80$51
42 years$624$383$226$130$73$45
43 years$603$365$212$120$66$41
44 years$582$347$199$110$60$36
45 years$563$331$187$102$54$32
46 years$544$316$175$94$49$29
47 years$527$302$165$87$45$26
48 years$510$288$155$80$41$23
49 years$494$275$146$74$37$21
50 years$478$263$137$69$34$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $490,000, adding $5,593 every year, while hoping to spend $32,716 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: 43/39/18 Blend
34$490,000$490,000$490,000$490,000
35$545,749$519,779$512,184$566,139
36$566,606$510,439$494,533$571,717
37$588,494$499,544$475,194$574,110
38$611,483$486,985$454,075$576,015
39$635,651$472,643$431,083$577,403
40$661,080$456,396$406,117$578,244
41$687,861$438,110$379,074$578,509
42$716,094$417,649$349,844$578,167
43$745,886$394,864$318,314$577,188
44$777,354$369,600$284,365$575,543
45$810,627$341,693$247,874$573,201
46$845,844$310,969$208,711$570,134
47$883,158$277,245$166,741$566,314
48$922,736$240,325$121,822$561,714
49$964,760$200,006$73,808$556,310
50$1,009,429$156,070$22,544$550,079
51$1,056,961$108,288$0$543,001
52$1,107,596$56,419$0$541,236
53$1,161,595$208$0$543,617
54$1,219,244$0$0$545,833
55$1,280,857$0$0$573,932
56$1,346,778$0$0$604,129
57$1,417,384$0$0$636,513
58$1,493,088$0$0$671,280
59$1,574,345$0$0$708,643
60$1,661,652$0$0$748,837
61$1,755,557$0$0$792,121
62$1,856,659$0$0$838,776
63$1,965,617$0$0$889,115
64$2,083,156$0$0$943,479
65$2,210,071$0$0$1,002,244
66$2,347,236$0$0$1,065,823
67$2,495,612$0$0$1,134,669
68$2,656,254$0$0$1,209,282
69$2,830,323$0$0$1,290,210
70$3,019,096$0$0$1,378,057
71$3,223,976$0$0$1,473,485
72$3,446,508$0$0$1,577,226
73$3,688,388$0$0$1,690,082
74$3,951,486$0$0$1,812,936
75$4,237,857$0$0$1,946,761
76$4,549,763$0$0$2,092,626
77$4,889,691$0$0$2,251,710
78$5,260,382$0$0$2,425,308
79$5,664,849$0$0$2,614,847
80$6,106,411$0$0$2,821,896
81$6,588,721$0$0$3,048,185
82$7,115,798$0$0$3,295,617
83$7,692,071$0$0$3,566,287
84$8,322,414$0$0$3,862,503
85$9,012,192$0$0$4,186,805
86$9,767,317$0$0$4,541,991
87$10,594,294$0$0$4,931,142
88$11,500,290$0$0$5,357,652
89$12,493,197$0$0$5,825,256
90$13,581,706$0$0$6,338,072
91$14,775,391$0$0$6,900,633
92$16,084,795$0$0$7,517,931
93$17,521,532$0$0$8,195,466
94$19,098,392$0$0$8,939,298
95$20,829,466$0$0$9,756,098
96$22,730,275$0$0$10,653,220
97$24,817,917$0$0$11,638,761
98$27,111,228$0$0$12,721,643
99$29,630,955$0$0$13,911,695
100$32,399,957$0$0$15,219,743