Can I retire at age 35 with 494,000?

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 $494,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$40,794$40,431$40,076$39,730$39,392$38,070
2 years$20,195$19,819$19,454$19,101$18,758$17,439
3 years$13,330$12,952$12,588$12,238$11,901$10,627
4 years$9,898$9,521$9,161$8,817$8,488$7,268
5 years$7,839$7,465$7,109$6,772$6,452$5,290
6 years$6,467$6,095$5,745$5,416$5,106$4,002
7 years$5,487$5,119$4,774$4,453$4,152$3,107
8 years$4,753$4,388$4,049$3,735$3,445$2,457
9 years$4,182$3,820$3,488$3,182$2,901$1,969
10 years$3,726$3,368$3,040$2,743$2,472$1,595
11 years$3,352$2,998$2,677$2,387$2,126$1,302
12 years$3,042$2,691$2,376$2,094$1,842$1,070
13 years$2,779$2,432$2,122$1,848$1,606$883
14 years$2,554$2,210$1,907$1,641$1,408$732
15 years$2,359$2,019$1,722$1,463$1,240$609
16 years$2,189$1,853$1,561$1,310$1,096$508
17 years$2,038$1,706$1,420$1,177$972$425
18 years$1,905$1,577$1,297$1,061$864$356
19 years$1,786$1,461$1,187$959$770$298
20 years$1,679$1,358$1,089$868$688$250
21 years$1,582$1,265$1,002$788$615$211
22 years$1,494$1,181$924$716$552$177
23 years$1,414$1,104$853$652$495$149
24 years$1,341$1,034$789$595$445$126
25 years$1,274$971$730$543$401$106
26 years$1,212$912$677$497$361$89
27 years$1,154$859$629$455$325$75
28 years$1,101$809$585$417$294$64
29 years$1,052$763$544$382$265$54
30 years$1,006$721$507$351$239$45
31 years$963$681$473$322$217$38
32 years$922$645$441$296$196$32
33 years$885$611$412$272$177$27
34 years$849$579$385$250$160$23
35 years$816$549$360$231$145$19
36 years$785$521$336$212$132$16
37 years$755$495$315$196$119$14
38 years$727$470$295$180$108$12
39 years$700$447$276$166$98$10
40 years$675$425$259$153$89$8
41 years$652$405$243$141$81$7
42 years$629$386$228$131$73$6
43 years$607$368$214$121$66$5
44 years$587$350$201$111$60$4
45 years$567$334$188$103$55$4
46 years$549$319$177$95$50$3
47 years$531$304$166$88$45$3
48 years$514$290$156$81$41$2
49 years$498$277$147$75$37$2
50 years$482$265$138$69$34$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $494,000, adding $4,511 every year, while hoping to spend $34,440 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: 40/38/22 Blend
34$494,000$494,000$494,000$494,000
35$549,041$522,859$515,202$567,270
36$568,399$511,835$495,817$569,760
37$588,578$499,117$474,629$568,844
38$609,624$484,585$451,540$567,158
39$631,589$468,113$426,450$564,651
40$654,527$449,566$399,252$561,270
41$678,498$428,805$369,837$556,960
42$703,567$405,678$338,088$551,662
43$729,802$380,027$303,885$545,318
44$757,278$351,685$267,102$537,865
45$786,079$320,476$227,608$529,238
46$816,290$286,211$185,264$519,371
47$848,010$248,693$139,929$508,195
48$881,341$207,713$91,450$495,638
49$916,397$163,050$39,673$481,626
50$953,302$114,472$0$466,085
51$992,189$61,731$0$452,594
52$1,033,204$4,568$0$447,592
53$1,076,507$0$0$441,717
54$1,122,271$0$0$458,886
55$1,170,686$0$0$479,099
56$1,221,958$0$0$500,537
57$1,276,314$0$0$523,297
58$1,334,001$0$0$547,487
59$1,395,287$0$0$573,225
60$1,460,469$0$0$600,640
61$1,529,870$0$0$629,873
62$1,603,844$0$0$661,079
63$1,682,777$0$0$694,427
64$1,767,095$0$0$730,103
65$1,857,263$0$0$768,311
66$1,953,790$0$0$809,274
67$2,057,237$0$0$853,236
68$2,168,216$0$0$900,467
69$2,287,401$0$0$951,263
70$2,415,530$0$0$1,005,946
71$2,553,415$0$0$1,064,873
72$2,701,947$0$0$1,128,435
73$2,862,104$0$0$1,197,060
74$3,034,960$0$0$1,271,222
75$3,221,697$0$0$1,351,438
76$3,423,612$0$0$1,438,278
77$3,642,131$0$0$1,532,370
78$3,878,822$0$0$1,634,401
79$4,135,410$0$0$1,745,130
80$4,413,789$0$0$1,865,391
81$4,716,045$0$0$1,996,098
82$5,044,470$0$0$2,138,262
83$5,401,588$0$0$2,292,991
84$5,790,172$0$0$2,461,507
85$6,213,278$0$0$2,645,151
86$6,674,264$0$0$2,845,404
87$7,176,829$0$0$3,063,891
88$7,725,042$0$0$3,302,404
89$8,323,382$0$0$3,562,915
90$8,976,780$0$0$3,847,592
91$9,690,664$0$0$4,158,827
92$10,471,008$0$0$4,499,249
93$11,324,393$0$0$4,871,755
94$12,258,060$0$0$5,279,535
95$13,279,988$0$0$5,726,100
96$14,398,957$0$0$6,215,319
97$15,624,641$0$0$6,751,450
98$16,967,689$0$0$7,339,185
99$18,439,832$0$0$7,983,690
100$20,053,989$0$0$8,690,656