Can I retire at age 35 with 494,000?

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 $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%12.1%
1 years$40,794$40,431$40,076$39,730$39,392$39,046
2 years$20,195$19,819$19,454$19,101$18,758$18,409
3 years$13,330$12,952$12,588$12,238$11,901$11,560
4 years$9,898$9,521$9,161$8,817$8,488$8,158
5 years$7,839$7,465$7,109$6,772$6,452$6,134
6 years$6,467$6,095$5,745$5,416$5,106$4,799
7 years$5,487$5,119$4,774$4,453$4,152$3,858
8 years$4,753$4,388$4,049$3,735$3,445$3,163
9 years$4,182$3,820$3,488$3,182$2,901$2,631
10 years$3,726$3,368$3,040$2,743$2,472$2,214
11 years$3,352$2,998$2,677$2,387$2,126$1,880
12 years$3,042$2,691$2,376$2,094$1,842$1,608
13 years$2,779$2,432$2,122$1,848$1,606$1,384
14 years$2,554$2,210$1,907$1,641$1,408$1,197
15 years$2,359$2,019$1,722$1,463$1,240$1,039
16 years$2,189$1,853$1,561$1,310$1,096$905
17 years$2,038$1,706$1,420$1,177$972$791
18 years$1,905$1,577$1,297$1,061$864$693
19 years$1,786$1,461$1,187$959$770$609
20 years$1,679$1,358$1,089$868$688$536
21 years$1,582$1,265$1,002$788$615$472
22 years$1,494$1,181$924$716$552$417
23 years$1,414$1,104$853$652$495$368
24 years$1,341$1,034$789$595$445$326
25 years$1,274$971$730$543$401$288
26 years$1,212$912$677$497$361$256
27 years$1,154$859$629$455$325$227
28 years$1,101$809$585$417$294$201
29 years$1,052$763$544$382$265$179
30 years$1,006$721$507$351$239$159
31 years$963$681$473$322$217$141
32 years$922$645$441$296$196$125
33 years$885$611$412$272$177$112
34 years$849$579$385$250$160$99
35 years$816$549$360$231$145$88
36 years$785$521$336$212$132$79
37 years$755$495$315$196$119$70
38 years$727$470$295$180$108$62
39 years$700$447$276$166$98$56
40 years$675$425$259$153$89$50
41 years$652$405$243$141$81$44
42 years$629$386$228$131$73$39
43 years$607$368$214$121$66$35
44 years$587$350$201$111$60$31
45 years$567$334$188$103$55$28
46 years$549$319$177$95$50$25
47 years$531$304$166$88$45$22
48 years$514$290$156$81$41$20
49 years$498$277$147$75$37$18
50 years$482$265$138$69$34$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $494,000, adding $4,625 every year, while hoping to spend $36,649 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: 37/44/19 Blend
34$494,000$494,000$494,000$494,000
35$549,159$522,977$515,320$566,177
36$566,179$509,608$493,589$565,553
37$583,706$494,357$469,901$561,089
38$601,755$477,090$444,153$555,506
39$620,337$457,671$416,236$548,724
40$639,467$435,953$386,035$540,657
41$659,157$411,779$353,432$531,217
42$679,422$384,987$318,303$520,310
43$700,274$355,402$280,517$507,834
44$721,727$322,842$239,939$493,685
45$743,794$287,112$196,428$477,750
46$766,487$248,007$149,835$459,911
47$789,821$205,311$100,006$440,044
48$813,807$158,795$46,780$418,016
49$838,457$108,218$0$393,688
50$863,783$53,325$0$368,944
51$889,797$0$0$351,849
52$916,507$0$0$335,763
53$943,925$0$0$345,748
54$972,059$0$0$355,986
55$1,000,915$0$0$366,481
56$1,030,500$0$0$377,233
57$1,060,820$0$0$388,242
58$1,091,875$0$0$399,510
59$1,123,669$0$0$411,034
60$1,156,198$0$0$422,813
61$1,189,460$0$0$434,844
62$1,223,447$0$0$447,122
63$1,258,150$0$0$459,642
64$1,293,555$0$0$472,398
65$1,329,645$0$0$485,379
66$1,366,395$0$0$498,576
67$1,403,780$0$0$511,974
68$1,441,766$0$0$525,560
69$1,480,312$0$0$539,314
70$1,519,372$0$0$553,216
71$1,558,890$0$0$567,241
72$1,598,802$0$0$581,360
73$1,639,033$0$0$595,542
74$1,679,498$0$0$609,750
75$1,720,100$0$0$623,941
76$1,760,725$0$0$638,067
77$1,801,247$0$0$652,074
78$1,841,522$0$0$665,901
79$1,881,386$0$0$679,479
80$1,920,654$0$0$692,730
81$1,959,121$0$0$705,566
82$1,996,551$0$0$717,891
83$2,032,684$0$0$729,594
84$2,067,226$0$0$740,553
85$2,099,848$0$0$750,631
86$2,130,183$0$0$759,674
87$2,157,821$0$0$767,514
88$2,182,305$0$0$773,958
89$2,203,124$0$0$778,798
90$2,219,710$0$0$781,796
91$2,231,432$0$0$782,693
92$2,237,588$0$0$781,197
93$2,237,395$0$0$776,987
94$2,229,987$0$0$769,705
95$2,214,401$0$0$758,955
96$2,189,570$0$0$744,296
97$2,154,309$0$0$725,241
98$2,107,306$0$0$701,252
99$2,047,105$0$0$671,729
100$1,972,098$0$0$636,012