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%18.1%
1 years$40,464$40,103$39,752$39,408$39,073$37,792
2 years$20,032$19,658$19,297$18,946$18,606$17,328
3 years$13,222$12,847$12,486$12,139$11,805$10,569
4 years$9,817$9,444$9,087$8,746$8,419$7,236
5 years$7,775$7,404$7,052$6,717$6,400$5,272
6 years$6,415$6,046$5,699$5,372$5,064$3,993
7 years$5,443$5,077$4,736$4,417$4,119$3,103
8 years$4,714$4,352$4,016$3,705$3,417$2,457
9 years$4,148$3,789$3,459$3,156$2,877$1,972
10 years$3,695$3,340$3,016$2,720$2,452$1,599
11 years$3,325$2,974$2,655$2,368$2,109$1,307
12 years$3,017$2,669$2,356$2,077$1,827$1,075
13 years$2,756$2,412$2,105$1,833$1,593$889
14 years$2,533$2,192$1,892$1,627$1,397$738
15 years$2,340$2,003$1,708$1,451$1,230$615
16 years$2,171$1,838$1,548$1,300$1,087$513
17 years$2,022$1,692$1,409$1,168$964$430
18 years$1,890$1,564$1,286$1,052$857$360
19 years$1,772$1,449$1,177$951$764$303
20 years$1,665$1,347$1,081$861$682$255
21 years$1,569$1,254$994$782$610$214
22 years$1,482$1,171$916$711$547$181
23 years$1,403$1,095$846$647$491$152
24 years$1,330$1,026$782$590$442$129
25 years$1,263$963$725$539$397$109
26 years$1,202$905$672$493$358$92
27 years$1,145$852$624$451$323$77
28 years$1,092$803$580$413$291$65
29 years$1,043$757$540$379$263$55
30 years$997$715$503$348$238$47
31 years$955$676$469$319$215$40
32 years$915$640$437$294$194$34
33 years$878$606$408$270$176$28
34 years$842$574$382$248$159$24
35 years$809$544$357$229$144$20
36 years$778$517$334$211$131$17
37 years$749$491$312$194$118$15
38 years$721$466$292$179$107$12
39 years$695$444$274$165$97$10
40 years$670$422$257$152$88$9
41 years$646$402$241$140$80$7
42 years$624$383$226$130$73$6
43 years$603$365$212$120$66$5
44 years$582$347$199$110$60$5
45 years$563$331$187$102$54$4
46 years$544$316$175$94$49$3
47 years$527$302$165$87$45$3
48 years$510$288$155$80$41$2
49 years$494$275$146$74$37$2
50 years$478$263$137$69$34$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $490,000, adding $2,991 every year, while hoping to spend $39,468 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: 34/50/16 Blend
34$490,000$490,000$490,000$490,000
35$543,065$517,095$509,500$558,744
36$556,464$500,439$484,575$553,816
37$569,907$481,644$457,492$544,602
38$583,357$460,564$428,137$533,818
39$596,771$437,043$396,391$521,349
40$610,101$410,918$362,130$507,069
41$623,294$382,016$325,224$490,847
42$636,288$350,152$285,536$472,540
43$649,013$315,134$242,926$451,998
44$661,393$276,756$197,245$429,059
45$673,341$234,803$148,338$403,553
46$684,758$189,045$96,044$375,297
47$695,537$139,241$40,194$344,094
48$705,554$85,136$0$309,737
49$714,673$26,461$0$275,316
50$722,744$0$0$244,819
51$729,595$0$0$231,550
52$735,039$0$0$232,273
53$738,865$0$0$232,348
54$740,840$0$0$231,687
55$740,706$0$0$230,190
56$738,172$0$0$227,750
57$732,921$0$0$224,245
58$724,597$0$0$219,539
59$712,807$0$0$213,485
60$697,115$0$0$205,918
61$677,037$0$0$196,654
62$652,040$0$0$185,492
63$621,530$0$0$172,207
64$584,852$0$0$156,554
65$541,280$0$0$138,257
66$490,012$0$0$117,015
67$430,161$0$0$92,493
68$360,746$0$0$64,321
69$280,681$0$0$32,090
70$188,769$0$0$0
71$83,685$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0