Can I retire at age 35 with 493,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $493,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$40,711$40,349$39,995$39,650$39,313$38,837
2 years$20,154$19,779$19,415$19,062$18,720$18,242
3 years$13,303$12,926$12,563$12,213$11,877$11,411
4 years$9,878$9,502$9,143$8,799$8,471$8,020
5 years$7,823$7,449$7,095$6,759$6,439$6,005
6 years$6,454$6,083$5,734$5,405$5,095$4,678
7 years$5,476$5,109$4,765$4,444$4,144$3,744
8 years$4,743$4,379$4,041$3,728$3,438$3,055
9 years$4,174$3,813$3,480$3,175$2,895$2,530
10 years$3,718$3,361$3,034$2,737$2,467$2,119
11 years$3,346$2,992$2,671$2,382$2,121$1,790
12 years$3,035$2,685$2,371$2,089$1,838$1,523
13 years$2,773$2,427$2,118$1,845$1,603$1,304
14 years$2,549$2,206$1,903$1,637$1,405$1,122
15 years$2,354$2,015$1,718$1,460$1,237$969
16 years$2,184$1,849$1,558$1,308$1,094$839
17 years$2,034$1,703$1,418$1,175$970$730
18 years$1,901$1,573$1,294$1,059$862$636
19 years$1,782$1,458$1,185$957$768$555
20 years$1,676$1,355$1,087$866$686$485
21 years$1,579$1,262$1,000$786$614$425
22 years$1,491$1,178$922$715$551$373
23 years$1,411$1,102$851$651$494$328
24 years$1,338$1,032$787$594$444$288
25 years$1,271$969$729$542$400$253
26 years$1,209$911$676$496$360$223
27 years$1,152$857$628$454$325$197
28 years$1,099$808$584$416$293$173
29 years$1,049$762$543$381$264$153
30 years$1,004$719$506$350$239$135
31 years$961$680$472$321$216$119
32 years$921$644$440$295$195$105
33 years$883$609$411$272$177$93
34 years$848$578$384$250$160$82
35 years$814$548$359$230$145$73
36 years$783$520$336$212$131$64
37 years$753$494$314$195$119$57
38 years$726$469$294$180$108$50
39 years$699$446$276$166$98$45
40 years$674$425$258$153$89$39
41 years$650$404$242$141$81$35
42 years$628$385$227$130$73$31
43 years$606$367$213$120$66$27
44 years$586$350$200$111$60$24
45 years$566$333$188$103$55$21
46 years$548$318$177$95$50$19
47 years$530$303$166$88$45$17
48 years$513$290$156$81$41$15
49 years$497$277$147$75$37$13
50 years$481$264$138$69$34$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $493,000, adding $6,064 every year, while hoping to spend $29,046 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: 28/50/22 Blend
34$493,000$493,000$493,000$493,000
35$549,541$523,412$515,771$560,989
36$574,689$518,154$502,144$565,138
37$601,430$511,666$487,088$566,621
38$629,893$503,855$470,523$567,602
39$660,224$494,626$452,367$568,054
40$692,580$483,876$432,535$567,955
41$727,135$471,497$410,936$567,280
42$764,077$457,375$387,477$566,007
43$803,615$441,388$362,059$564,113
44$845,976$423,409$334,581$561,579
45$891,410$403,300$304,934$558,386
46$940,192$380,920$273,007$554,518
47$992,622$356,115$238,683$549,962
48$1,049,030$328,726$201,840$544,708
49$1,109,780$298,582$162,350$538,749
50$1,175,269$265,505$120,081$532,084
51$1,245,935$229,303$74,892$524,717
52$1,322,259$189,778$26,640$516,659
53$1,404,770$146,717$0$507,928
54$1,494,046$99,896$0$504,382
55$1,590,728$49,080$0$507,277
56$1,695,517$0$0$510,438
57$1,809,184$0$0$517,256
58$1,932,577$0$0$554,039
59$2,066,631$0$0$594,071
60$2,212,371$0$0$637,667
61$2,370,928$0$0$685,174
62$2,543,544$0$0$736,975
63$2,731,586$0$0$793,490
64$2,936,559$0$0$855,181
65$3,160,120$0$0$922,559
66$3,404,091$0$0$996,184
67$3,670,479$0$0$1,076,674
68$3,961,492$0$0$1,164,708
69$4,279,561$0$0$1,261,036
70$4,627,366$0$0$1,366,481
71$5,007,851$0$0$1,481,952
72$5,424,264$0$0$1,608,447
73$5,880,177$0$0$1,747,068
74$6,379,527$0$0$1,899,027
75$6,926,648$0$0$2,065,659
76$7,526,311$0$0$2,248,435
77$8,183,774$0$0$2,448,974
78$8,904,826$0$0$2,669,061
79$9,695,844$0$0$2,910,662
80$10,563,852$0$0$3,175,940
81$11,516,586$0$0$3,467,281
82$12,562,569$0$0$3,787,312
83$13,711,188$0$0$4,138,926
84$14,972,783$0$0$4,525,312
85$16,358,748$0$0$4,949,983
86$17,881,631$0$0$5,416,807
87$19,555,259$0$0$5,930,048
88$21,394,862$0$0$6,494,402
89$23,417,221$0$0$7,115,045
90$25,640,823$0$0$7,797,676
91$28,086,037$0$0$8,548,579
92$30,775,302$0$0$9,374,673
93$33,733,345$0$0$10,283,584
94$36,987,405$0$0$11,283,713
95$40,567,496$0$0$12,384,319
96$44,506,690$0$0$13,595,601
97$48,841,422$0$0$14,928,799
98$53,611,841$0$0$16,396,295
99$58,862,184$0$0$18,011,736
100$64,641,192$0$0$19,790,158