Can I retire at age 35 with 495,000?

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 $495,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$40,877$40,513$40,157$39,811$39,472$38,643
2 years$20,236$19,859$19,494$19,140$18,796$17,965
3 years$13,357$12,978$12,614$12,263$11,925$11,118
4 years$9,918$9,540$9,180$8,835$8,505$7,728
5 years$7,855$7,480$7,124$6,786$6,465$5,720
6 years$6,480$6,108$5,757$5,427$5,116$4,403
7 years$5,498$5,129$4,784$4,462$4,161$3,481
8 years$4,763$4,397$4,057$3,743$3,452$2,805
9 years$4,190$3,828$3,495$3,188$2,907$2,292
10 years$3,733$3,374$3,047$2,748$2,477$1,894
11 years$3,359$3,004$2,682$2,392$2,130$1,578
12 years$3,048$2,696$2,380$2,098$1,846$1,324
13 years$2,784$2,437$2,127$1,852$1,610$1,117
14 years$2,559$2,215$1,911$1,644$1,411$947
15 years$2,364$2,023$1,725$1,466$1,242$806
16 years$2,193$1,856$1,564$1,313$1,098$687
17 years$2,043$1,710$1,423$1,180$974$588
18 years$1,909$1,580$1,299$1,063$866$504
19 years$1,790$1,464$1,189$961$772$433
20 years$1,682$1,360$1,092$870$689$373
21 years$1,585$1,267$1,004$790$617$321
22 years$1,497$1,183$925$718$553$277
23 years$1,417$1,106$854$654$496$239
24 years$1,344$1,037$790$596$446$207
25 years$1,276$973$732$545$401$179
26 years$1,214$914$679$498$362$155
27 years$1,157$860$630$456$326$134
28 years$1,103$811$586$418$294$116
29 years$1,054$765$545$383$266$101
30 years$1,008$722$508$351$240$87
31 years$965$683$474$323$217$76
32 years$924$646$442$297$196$66
33 years$886$612$413$273$178$57
34 years$851$580$385$251$161$49
35 years$818$550$360$231$146$43
36 years$786$522$337$213$132$37
37 years$756$496$316$196$120$32
38 years$728$471$295$181$108$28
39 years$702$448$277$167$98$24
40 years$677$426$259$154$89$21
41 years$653$406$243$142$81$18
42 years$630$386$228$131$73$16
43 years$609$368$214$121$67$14
44 years$588$351$201$112$60$12
45 years$569$335$189$103$55$10
46 years$550$319$177$95$50$9
47 years$532$305$167$88$45$8
48 years$515$291$157$81$41$7
49 years$499$278$147$75$37$6
50 years$483$265$138$69$34$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $495,000, adding $4,967 every year, while hoping to spend $31,079 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: 52/22/26 Blend
34$495,000$495,000$495,000$495,000
35$550,613$524,378$516,706$575,012
36$573,708$517,005$500,948$585,080
37$598,117$508,229$483,620$592,462
38$623,941$497,948$464,637$599,864
39$651,291$486,056$443,911$607,303
40$680,287$472,437$421,346$614,796
41$711,062$456,972$396,847$622,364
42$743,759$439,532$370,310$630,034
43$778,537$419,984$341,630$637,836
44$815,568$398,183$310,695$645,806
45$855,041$373,979$277,388$653,987
46$897,163$347,212$241,589$662,428
47$942,162$317,714$203,170$671,186
48$990,285$285,304$161,999$680,326
49$1,041,805$249,796$117,937$689,924
50$1,097,022$210,988$70,840$700,067
51$1,156,263$168,671$20,558$710,854
52$1,219,887$122,622$0$722,397
53$1,288,291$72,605$0$744,007
54$1,361,906$18,373$0$773,330
55$1,441,211$0$0$804,868
56$1,526,726$0$0$848,622
57$1,619,027$0$0$900,688
58$1,718,745$0$0$956,977
59$1,826,574$0$0$1,017,887
60$1,943,275$0$0$1,083,854
61$2,069,687$0$0$1,155,357
62$2,206,732$0$0$1,232,923
63$2,355,421$0$0$1,317,132
64$2,516,871$0$0$1,408,622
65$2,692,307$0$0$1,508,094
66$2,883,076$0$0$1,616,319
67$3,090,662$0$0$1,734,147
68$3,316,698$0$0$1,862,511
69$3,562,980$0$0$2,002,440
70$3,831,483$0$0$2,155,066
71$4,124,384$0$0$2,321,633
72$4,444,077$0$0$2,503,513
73$4,793,197$0$0$2,702,215
74$5,174,646$0$0$2,919,399
75$5,591,617$0$0$3,156,895
76$6,047,628$0$0$3,416,717
77$6,546,551$0$0$3,701,082
78$7,092,649$0$0$4,012,432
79$7,690,617$0$0$4,353,455
80$8,345,625$0$0$4,727,113
81$9,063,367$0$0$5,136,667
82$9,850,112$0$0$5,585,708
83$10,712,768$0$0$6,078,192
84$11,658,939$0$0$6,618,476
85$12,697,005$0$0$7,211,358
86$13,836,191$0$0$7,862,125
87$15,086,664$0$0$8,576,599
88$16,459,620$0$0$9,361,194
89$17,967,391$0$0$10,222,977
90$19,623,565$0$0$11,169,730
91$21,443,110$0$0$12,210,027
92$23,442,512$0$0$13,353,317
93$25,639,939$0$0$14,610,004
94$28,055,401$0$0$15,991,555
95$30,710,946$0$0$17,510,601
96$33,630,864$0$0$19,181,060
97$36,841,917$0$0$21,018,262
98$40,373,590$0$0$23,039,103
99$44,258,368$0$0$25,262,194
100$48,532,044$0$0$27,708,042