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%18.9%
1 years$40,877$40,513$40,157$39,811$39,472$38,056
2 years$20,236$19,859$19,494$19,140$18,796$17,385
3 years$13,357$12,978$12,614$12,263$11,925$10,563
4 years$9,918$9,540$9,180$8,835$8,505$7,203
5 years$7,855$7,480$7,124$6,786$6,465$5,226
6 years$6,480$6,108$5,757$5,427$5,116$3,940
7 years$5,498$5,129$4,784$4,462$4,161$3,048
8 years$4,763$4,397$4,057$3,743$3,452$2,402
9 years$4,190$3,828$3,495$3,188$2,907$1,918
10 years$3,733$3,374$3,047$2,748$2,477$1,548
11 years$3,359$3,004$2,682$2,392$2,130$1,259
12 years$3,048$2,696$2,380$2,098$1,846$1,030
13 years$2,784$2,437$2,127$1,852$1,610$847
14 years$2,559$2,215$1,911$1,644$1,411$699
15 years$2,364$2,023$1,725$1,466$1,242$579
16 years$2,193$1,856$1,564$1,313$1,098$481
17 years$2,043$1,710$1,423$1,180$974$400
18 years$1,909$1,580$1,299$1,063$866$334
19 years$1,790$1,464$1,189$961$772$279
20 years$1,682$1,360$1,092$870$689$233
21 years$1,585$1,267$1,004$790$617$195
22 years$1,497$1,183$925$718$553$163
23 years$1,417$1,106$854$654$496$137
24 years$1,344$1,037$790$596$446$115
25 years$1,276$973$732$545$401$96
26 years$1,214$914$679$498$362$81
27 years$1,157$860$630$456$326$68
28 years$1,103$811$586$418$294$57
29 years$1,054$765$545$383$266$48
30 years$1,008$722$508$351$240$40
31 years$965$683$474$323$217$34
32 years$924$646$442$297$196$28
33 years$886$612$413$273$178$24
34 years$851$580$385$251$161$20
35 years$818$550$360$231$146$17
36 years$786$522$337$213$132$14
37 years$756$496$316$196$120$12
38 years$728$471$295$181$108$10
39 years$702$448$277$167$98$8
40 years$677$426$259$154$89$7
41 years$653$406$243$142$81$6
42 years$630$386$228$131$73$5
43 years$609$368$214$121$67$4
44 years$588$351$201$112$60$4
45 years$569$335$189$103$55$3
46 years$550$319$177$95$50$3
47 years$532$305$167$88$45$2
48 years$515$291$157$81$41$2
49 years$499$278$147$75$37$1
50 years$483$265$138$69$34$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $495,000, adding $6,968 every year, while hoping to spend $38,646 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: 67/16/17 Blend
34$495,000$495,000$495,000$495,000
35$552,677$526,442$518,770$586,979
36$567,932$511,119$495,030$595,454
37$583,446$493,750$469,199$599,561
38$599,207$474,193$441,167$603,100
39$615,198$452,300$410,817$606,013
40$631,398$427,913$378,030$608,237
41$647,785$400,864$342,677$609,704
42$664,330$370,978$304,628$610,343
43$681,002$338,066$263,744$610,074
44$697,766$301,933$219,881$608,812
45$714,580$262,370$172,889$606,466
46$731,397$219,155$122,610$602,935
47$748,162$172,057$68,881$598,114
48$764,816$120,829$11,530$591,885
49$781,289$65,212$0$584,122
50$797,505$4,931$0$583,702
51$813,374$0$0$584,282
52$828,800$0$0$594,264
53$843,672$0$0$604,688
54$857,866$0$0$614,594
55$871,244$0$0$623,879
56$883,652$0$0$632,430
57$894,917$0$0$640,117
58$904,847$0$0$646,799
59$913,228$0$0$652,316
60$919,819$0$0$656,491
61$924,357$0$0$659,128
62$926,545$0$0$660,007
63$926,055$0$0$658,886
64$922,523$0$0$655,495
65$915,543$0$0$649,534
66$904,668$0$0$640,672
67$889,399$0$0$628,539
68$869,186$0$0$612,728
69$843,416$0$0$592,787
70$811,413$0$0$568,215
71$772,428$0$0$538,458
72$725,631$0$0$502,902
73$670,106$0$0$460,870
74$604,836$0$0$411,611
75$528,699$0$0$354,295
76$440,455$0$0$288,005
77$338,732$0$0$211,727
78$222,013$0$0$124,340
79$88,624$0$0$24,607
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0