Can I retire at age 35 with 493,000?

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 $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 $4,264 every year, while hoping to spend $24,732 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: 72/13/15 Blend
34$493,000$493,000$493,000$493,000
35$547,684$521,555$513,914$584,976
36$577,233$520,797$504,815$609,513
37$608,968$519,172$494,583$632,954
38$643,084$516,613$483,153$657,975
39$679,798$513,047$470,458$684,726
40$719,347$508,396$456,428$713,374
41$761,992$502,578$440,990$744,103
42$808,018$495,508$424,066$777,116
43$857,741$487,093$405,577$812,639
44$911,506$477,236$385,439$850,919
45$969,692$465,833$363,564$892,231
46$1,032,717$452,775$339,861$936,875
47$1,101,041$437,948$314,232$985,187
48$1,175,168$421,228$286,580$1,037,534
49$1,255,653$402,486$256,798$1,094,323
50$1,343,107$381,586$224,779$1,156,004
51$1,438,202$358,381$190,406$1,223,072
52$1,541,676$332,720$153,563$1,296,073
53$1,654,344$304,440$114,124$1,375,613
54$1,777,099$273,369$71,959$1,462,358
55$1,910,926$239,328$26,933$1,557,042
56$2,056,910$202,124$0$1,660,479
57$2,216,243$161,556$0$1,776,944
58$2,390,238$117,410$0$1,908,867
59$2,580,340$69,461$0$2,053,048
60$2,788,141$17,471$0$2,210,717
61$3,015,393$0$0$2,383,230
62$3,264,025$0$0$2,577,633
63$3,536,160$0$0$2,793,173
64$3,834,139$0$0$3,029,206
65$4,160,536$0$0$3,287,774
66$4,518,187$0$0$3,571,128
67$4,910,218$0$0$3,881,747
68$5,340,067$0$0$4,222,359
69$5,811,525$0$0$4,595,971
70$6,328,765$0$0$5,005,893
71$6,896,384$0$0$5,455,773
72$7,519,446$0$0$5,949,628
73$8,203,529$0$0$6,491,884
74$8,954,777$0$0$7,087,415
75$9,779,958$0$0$7,741,590
76$10,686,529$0$0$8,460,326
77$11,682,705$0$0$9,250,140
78$12,777,534$0$0$10,118,210
79$13,980,986$0$0$11,072,448
80$15,304,045$0$0$12,121,566
81$16,758,812$0$0$13,275,166
82$18,358,618$0$0$14,543,824
83$20,118,152$0$0$15,939,196
84$22,053,597$0$0$17,474,120
85$24,182,785$0$0$19,162,744
86$26,525,361$0$0$21,020,655
87$29,102,972$0$0$23,065,028
88$31,939,468$0$0$25,314,784
89$35,061,128$0$0$27,790,775
90$38,496,909$0$0$30,515,975
91$42,278,714$0$0$33,515,697
92$46,441,701$0$0$36,817,834
93$51,024,604$0$0$40,453,120
94$56,070,108$0$0$44,455,422
95$61,625,244$0$0$48,862,055
96$67,741,838$0$0$53,714,138
97$74,476,995$0$0$59,056,980
98$81,893,641$0$0$64,940,509
99$90,061,115$0$0$71,419,738
100$99,055,823$0$0$78,555,290