Can I retire at age 35 with 491,000?

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 $491,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$40,546$40,185$39,833$39,489$39,153$38,923
2 years$20,072$19,699$19,336$18,985$18,644$18,412
3 years$13,249$12,873$12,512$12,164$11,829$11,601
4 years$9,838$9,463$9,105$8,763$8,436$8,216
5 years$7,791$7,419$7,066$6,731$6,413$6,200
6 years$6,428$6,058$5,711$5,383$5,075$4,869
7 years$5,454$5,088$4,745$4,426$4,127$3,930
8 years$4,724$4,361$4,025$3,713$3,424$3,235
9 years$4,157$3,797$3,466$3,162$2,883$2,702
10 years$3,703$3,347$3,022$2,726$2,457$2,283
11 years$3,332$2,980$2,661$2,372$2,113$1,947
12 years$3,023$2,674$2,361$2,081$1,831$1,673
13 years$2,762$2,417$2,110$1,837$1,597$1,446
14 years$2,538$2,197$1,895$1,631$1,400$1,256
15 years$2,345$2,007$1,711$1,454$1,232$1,096
16 years$2,175$1,841$1,552$1,302$1,089$959
17 years$2,026$1,696$1,412$1,170$966$842
18 years$1,894$1,567$1,289$1,054$859$742
19 years$1,775$1,452$1,180$953$765$655
20 years$1,669$1,349$1,083$863$684$579
21 years$1,573$1,257$996$783$612$513
22 years$1,485$1,173$918$712$548$455
23 years$1,406$1,097$848$648$492$404
24 years$1,333$1,028$784$591$442$359
25 years$1,266$965$726$540$398$320
26 years$1,204$907$673$494$359$285
27 years$1,147$853$625$452$323$254
28 years$1,094$804$581$414$292$227
29 years$1,045$759$541$380$263$203
30 years$999$717$504$349$238$181
31 years$957$677$470$320$215$162
32 years$917$641$438$294$195$145
33 years$879$607$409$271$176$130
34 years$844$575$382$249$159$116
35 years$811$546$357$229$144$104
36 years$780$518$334$211$131$93
37 years$750$492$313$194$119$83
38 years$723$467$293$179$108$75
39 years$696$444$275$165$98$67
40 years$671$423$257$152$88$60
41 years$648$403$241$141$80$54
42 years$625$383$226$130$73$48
43 years$604$365$212$120$66$43
44 years$583$348$199$111$60$39
45 years$564$332$187$102$54$35
46 years$545$317$176$94$49$31
47 years$528$302$165$87$45$28
48 years$511$289$155$81$41$25
49 years$495$276$146$74$37$22
50 years$479$263$137$69$34$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $491,000, adding $2,228 every year, while hoping to spend $37,973 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: 62/17/21 Blend
34$491,000$491,000$491,000$491,000
35$543,380$517,357$509,747$573,972
36$558,402$502,305$486,420$579,845
37$573,683$485,242$461,040$581,834
38$589,211$466,030$433,496$583,142
39$604,967$444,523$403,676$583,707
40$620,935$420,566$371,459$583,462
41$637,090$393,993$336,723$582,335
42$653,407$364,632$299,337$580,250
43$669,855$332,300$259,165$577,125
44$686,399$296,802$216,067$572,869
45$703,000$257,934$169,893$567,387
46$719,612$215,478$120,490$560,576
47$736,183$169,207$67,697$552,324
48$752,654$118,878$11,345$542,513
49$768,959$64,237$0$531,013
50$785,021$5,014$0$528,618
51$800,758$0$0$527,669
52$816,073$0$0$536,553
53$830,860$0$0$545,993
54$844,998$0$0$554,971
55$858,355$0$0$563,392
56$870,780$0$0$571,154
57$882,106$0$0$578,143
58$892,146$0$0$584,229
59$900,692$0$0$589,271
60$907,512$0$0$593,108
61$912,349$0$0$595,564
62$914,916$0$0$596,443
63$914,894$0$0$595,525
64$911,930$0$0$592,568
65$905,630$0$0$587,303
66$895,560$0$0$579,432
67$881,235$0$0$568,622
68$862,120$0$0$554,508
69$837,622$0$0$536,682
70$807,084$0$0$514,696
71$769,778$0$0$488,049
72$724,898$0$0$456,192
73$671,553$0$0$418,513
74$608,757$0$0$374,339
75$535,421$0$0$322,922
76$450,338$0$0$263,439
77$352,177$0$0$194,978
78$239,464$0$0$116,530
79$110,572$0$0$26,983
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