Can I retire at age 35 with 492,000?

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 $492,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$40,629$40,267$39,914$39,569$39,233$38,920
2 years$20,113$19,739$19,376$19,024$18,682$18,367
3 years$13,276$12,899$12,537$12,189$11,853$11,545
4 years$9,858$9,482$9,124$8,781$8,454$8,155
5 years$7,807$7,434$7,081$6,745$6,426$6,139
6 years$6,441$6,071$5,722$5,394$5,085$4,808
7 years$5,465$5,098$4,755$4,435$4,135$3,870
8 years$4,734$4,370$4,033$3,720$3,431$3,176
9 years$4,165$3,805$3,473$3,169$2,889$2,645
10 years$3,710$3,354$3,028$2,731$2,462$2,229
11 years$3,339$2,986$2,666$2,377$2,117$1,895
12 years$3,029$2,680$2,366$2,085$1,835$1,623
13 years$2,768$2,422$2,114$1,841$1,600$1,398
14 years$2,543$2,201$1,899$1,634$1,402$1,210
15 years$2,349$2,011$1,715$1,457$1,235$1,052
16 years$2,180$1,845$1,555$1,305$1,091$918
17 years$2,030$1,699$1,415$1,172$968$804
18 years$1,897$1,570$1,291$1,057$860$705
19 years$1,779$1,455$1,182$955$767$620
20 years$1,672$1,352$1,085$865$685$546
21 years$1,576$1,260$998$785$613$482
22 years$1,488$1,176$920$714$549$426
23 years$1,409$1,100$849$650$493$377
24 years$1,336$1,030$785$593$443$334
25 years$1,268$967$727$541$399$296
26 years$1,207$909$675$495$359$263
27 years$1,150$855$627$453$324$234
28 years$1,097$806$582$415$292$208
29 years$1,047$760$542$381$264$185
30 years$1,001$718$505$349$239$164
31 years$959$679$471$321$216$146
32 years$919$642$439$295$195$130
33 years$881$608$410$271$177$116
34 years$846$576$383$249$160$104
35 years$813$547$358$230$145$92
36 years$781$519$335$211$131$82
37 years$752$493$314$195$119$73
38 years$724$468$294$180$108$66
39 years$698$445$275$166$98$58
40 years$673$424$258$153$89$52
41 years$649$403$242$141$80$47
42 years$626$384$227$130$73$42
43 years$605$366$213$120$66$37
44 years$585$349$200$111$60$33
45 years$565$333$188$102$55$30
46 years$547$317$176$95$50$26
47 years$529$303$166$87$45$24
48 years$512$289$156$81$41$21
49 years$496$276$146$75$37$19
50 years$480$264$137$69$34$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $492,000, adding $2,188 every year, while hoping to spend $20,789 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: 42/44/14 Blend
34$492,000$492,000$492,000$492,000
35$544,441$518,365$510,739$564,988
36$577,855$521,645$505,729$582,927
37$613,980$524,390$499,855$600,112
38$653,071$526,550$493,066$618,270
39$695,408$528,075$485,307$637,497
40$741,299$528,910$476,524$657,905
41$791,081$528,997$466,658$679,613
42$845,128$528,275$455,648$702,758
43$903,849$526,677$443,429$727,489
44$967,693$524,136$429,936$753,974
45$1,037,157$520,578$415,098$782,396
46$1,112,785$515,924$398,841$812,963
47$1,195,176$510,092$381,090$845,903
48$1,284,992$502,994$361,764$881,468
49$1,382,958$494,537$340,780$919,941
50$1,489,873$484,623$318,050$961,633
51$1,606,618$473,148$293,483$1,006,891
52$1,734,162$460,001$266,983$1,056,098
53$1,873,571$445,066$238,451$1,109,679
54$2,026,019$428,218$207,783$1,168,106
55$2,192,800$409,327$174,870$1,231,901
56$2,375,335$388,254$139,599$1,301,643
57$2,575,194$364,853$101,850$1,377,972
58$2,794,102$338,969$61,500$1,461,599
59$3,033,960$310,438$18,420$1,553,308
60$3,296,862$279,087$0$1,653,970
61$3,585,113$244,734$0$1,768,662
62$3,901,253$207,184$0$1,897,538
63$4,248,078$166,233$0$2,039,044
64$4,628,670$121,667$0$2,194,505
65$5,046,422$73,256$0$2,365,387
66$5,505,071$20,760$0$2,553,309
67$6,008,737$0$0$2,760,059
68$6,561,954$0$0$3,005,080
69$7,169,719$0$0$3,285,368
70$7,837,537$0$0$3,593,420
71$8,571,473$0$0$3,932,040
72$9,378,207$0$0$4,304,321
73$10,265,100$0$0$4,713,667
74$11,240,261$0$0$5,163,832
75$12,312,624$0$0$5,658,948
76$13,492,033$0$0$6,203,571
77$14,789,332$0$0$6,802,719
78$16,216,471$0$0$7,461,921
79$17,786,615$0$0$8,187,270
80$19,514,270$0$0$8,985,477
81$21,415,418$0$0$9,863,940
82$23,507,670$0$0$10,830,807
83$25,810,430$0$0$11,895,057
84$28,345,078$0$0$13,066,586
85$31,135,173$0$0$14,356,295
86$34,206,673$0$0$15,776,197
87$37,588,181$0$0$17,339,530
88$41,311,214$0$0$19,060,878
89$45,410,501$0$0$20,956,315
90$49,924,310$0$0$23,043,549
91$54,894,809$0$0$25,342,097
92$60,368,462$0$0$27,873,462
93$66,396,471$0$0$30,661,341
94$73,035,255$0$0$33,731,843
95$80,346,985$0$0$37,113,743
96$88,400,169$0$0$40,838,745
97$97,270,298$0$0$44,941,790
98$107,040,560$0$0$49,461,376
99$117,802,622$0$0$54,439,928
100$129,657,498$0$0$59,924,198