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%18.8%
1 years$40,546$40,185$39,833$39,489$39,153$37,764
2 years$20,072$19,699$19,336$18,985$18,644$17,260
3 years$13,249$12,873$12,512$12,164$11,829$10,492
4 years$9,838$9,463$9,105$8,763$8,436$7,158
5 years$7,791$7,419$7,066$6,731$6,413$5,196
6 years$6,428$6,058$5,711$5,383$5,075$3,920
7 years$5,454$5,088$4,745$4,426$4,127$3,034
8 years$4,724$4,361$4,025$3,713$3,424$2,392
9 years$4,157$3,797$3,466$3,162$2,883$1,912
10 years$3,703$3,347$3,022$2,726$2,457$1,543
11 years$3,332$2,980$2,661$2,372$2,113$1,256
12 years$3,023$2,674$2,361$2,081$1,831$1,028
13 years$2,762$2,417$2,110$1,837$1,597$846
14 years$2,538$2,197$1,895$1,631$1,400$699
15 years$2,345$2,007$1,711$1,454$1,232$580
16 years$2,175$1,841$1,552$1,302$1,089$482
17 years$2,026$1,696$1,412$1,170$966$401
18 years$1,894$1,567$1,289$1,054$859$335
19 years$1,775$1,452$1,180$953$765$280
20 years$1,669$1,349$1,083$863$684$234
21 years$1,573$1,257$996$783$612$196
22 years$1,485$1,173$918$712$548$164
23 years$1,406$1,097$848$648$492$138
24 years$1,333$1,028$784$591$442$116
25 years$1,266$965$726$540$398$97
26 years$1,204$907$673$494$359$81
27 years$1,147$853$625$452$323$68
28 years$1,094$804$581$414$292$58
29 years$1,045$759$541$380$263$48
30 years$999$717$504$349$238$41
31 years$957$677$470$320$215$34
32 years$917$641$438$294$195$29
33 years$879$607$409$271$176$24
34 years$844$575$382$249$159$20
35 years$811$546$357$229$144$17
36 years$780$518$334$211$131$14
37 years$750$492$313$194$119$12
38 years$723$467$293$179$108$10
39 years$696$444$275$165$98$9
40 years$671$423$257$152$88$7
41 years$648$403$241$141$80$6
42 years$625$383$226$130$73$5
43 years$604$365$212$120$66$4
44 years$583$348$199$111$60$4
45 years$564$332$187$102$54$3
46 years$545$317$176$94$49$3
47 years$528$302$165$87$45$2
48 years$511$289$155$81$41$2
49 years$495$276$146$74$37$2
50 years$479$263$137$69$34$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $491,000, adding $6,004 every year, while hoping to spend $29,017 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: 48/37/15 Blend
34$491,000$491,000$491,000$491,000
35$547,275$521,252$513,642$570,981
36$572,223$515,920$499,975$582,662
37$598,744$509,353$484,878$591,872
38$626,966$501,462$468,271$601,235
39$657,032$492,149$450,074$610,778
40$689,098$481,313$430,200$620,530
41$723,333$468,845$408,559$630,524
42$759,925$454,630$385,057$640,801
43$799,077$438,547$359,597$651,406
44$841,015$420,468$332,076$662,393
45$885,984$400,256$302,386$673,822
46$934,255$377,769$270,415$685,764
47$986,122$352,853$236,048$698,297
48$1,041,913$325,349$199,161$711,513
49$1,101,983$295,085$159,628$725,515
50$1,166,724$261,884$117,315$740,419
51$1,236,568$225,554$72,083$756,359
52$1,311,987$185,896$23,787$773,485
53$1,393,502$142,697$0$791,966
54$1,481,684$95,733$0$816,435
55$1,577,160$44,769$0$847,016
56$1,680,622$0$0$880,168
57$1,792,829$0$0$920,441
58$1,914,615$0$0$983,983
59$2,046,900$0$0$1,053,050
60$2,190,692$0$0$1,128,175
61$2,347,105$0$0$1,209,947
62$2,517,360$0$0$1,299,010
63$2,702,803$0$0$1,396,076
64$2,904,914$0$0$1,501,926
65$3,125,322$0$0$1,617,422
66$3,365,822$0$0$1,743,511
67$3,628,387$0$0$1,881,236
68$3,915,190$0$0$2,031,745
69$4,228,623$0$0$2,196,302
70$4,571,320$0$0$2,376,300
71$4,946,180$0$0$2,573,272
72$5,356,396$0$0$2,788,903
73$5,805,485$0$0$3,025,054
74$6,297,316$0$0$3,283,770
75$6,836,154$0$0$3,567,305
76$7,426,694$0$0$3,878,141
77$8,074,106$0$0$4,219,013
78$8,784,086$0$0$4,592,930
79$9,562,905$0$0$5,003,209
80$10,417,474$0$0$5,453,503
81$11,355,403$0$0$5,947,837
82$12,385,073$0$0$6,490,642
83$13,515,720$0$0$7,086,801
84$14,757,514$0$0$7,741,692
85$16,121,662$0$0$8,461,242
86$17,620,509$0$0$9,251,978
87$19,267,652$0$0$10,121,091
88$21,078,074$0$0$11,076,504
89$23,068,280$0$0$12,126,945
90$25,256,455$0$0$13,282,032
91$27,662,633$0$0$14,552,359
92$30,308,887$0$0$15,949,599
93$33,219,536$0$0$17,486,614
94$36,421,373$0$0$19,177,575
95$39,943,922$0$0$21,038,094
96$43,819,709$0$0$23,085,375
97$48,084,574$0$0$25,338,373
98$52,778,006$0$0$27,817,973
99$57,943,515$0$0$30,547,187
100$63,629,044$0$0$33,551,372