Can I retire at age 35 with 496,000?

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 $496,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$40,959$40,594$40,238$39,891$39,552$38,817
2 years$20,277$19,899$19,533$19,178$18,834$18,096
3 years$13,384$13,004$12,639$12,288$11,949$11,232
4 years$9,938$9,560$9,198$8,853$8,522$7,830
5 years$7,871$7,495$7,138$6,800$6,478$5,814
6 years$6,493$6,120$5,769$5,438$5,126$4,491
7 years$5,510$5,140$4,794$4,471$4,169$3,562
8 years$4,772$4,406$4,066$3,750$3,459$2,880
9 years$4,199$3,836$3,502$3,194$2,913$2,362
10 years$3,741$3,381$3,053$2,754$2,482$1,959
11 years$3,366$3,010$2,688$2,397$2,134$1,639
12 years$3,054$2,702$2,385$2,102$1,850$1,380
13 years$2,790$2,441$2,131$1,856$1,613$1,169
14 years$2,564$2,219$1,915$1,647$1,414$995
15 years$2,368$2,027$1,729$1,469$1,245$850
16 years$2,197$1,860$1,567$1,315$1,100$728
17 years$2,047$1,713$1,426$1,182$976$626
18 years$1,913$1,583$1,302$1,065$867$539
19 years$1,793$1,467$1,192$962$773$465
20 years$1,686$1,363$1,094$872$691$402
21 years$1,589$1,270$1,006$791$618$348
22 years$1,500$1,185$927$719$554$302
23 years$1,420$1,109$856$655$497$262
24 years$1,346$1,039$792$597$447$227
25 years$1,279$975$733$546$402$197
26 years$1,216$916$680$499$362$172
27 years$1,159$862$632$457$327$149
28 years$1,105$812$587$418$295$130
29 years$1,056$766$546$384$266$113
30 years$1,010$724$509$352$240$99
31 years$966$684$475$323$217$86
32 years$926$647$443$297$197$75
33 years$888$613$413$273$178$65
34 years$853$581$386$251$161$57
35 years$819$551$361$231$146$50
36 years$788$523$338$213$132$43
37 years$758$497$316$196$120$38
38 years$730$472$296$181$109$33
39 years$703$449$277$167$99$29
40 years$678$427$260$154$89$25
41 years$654$407$244$142$81$22
42 years$631$387$229$131$74$19
43 years$610$369$215$121$67$17
44 years$589$352$201$112$61$15
45 years$570$335$189$103$55$13
46 years$551$320$178$95$50$11
47 years$533$305$167$88$45$10
48 years$516$291$157$81$41$8
49 years$500$278$147$75$37$7
50 years$484$266$139$70$34$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $496,000, adding $5,082 every year, while hoping to spend $31,799 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: 64/8/28 Blend
34$496,000$496,000$496,000$496,000
35$551,834$525,546$517,858$582,747
36$574,287$517,464$501,372$596,205
37$597,965$507,920$483,269$606,948
38$622,958$496,809$463,459$617,997
39$649,367$484,020$441,852$629,386
40$677,300$469,434$418,352$641,153
41$706,875$452,927$392,857$653,344
42$738,223$434,367$365,264$666,008
43$771,484$413,613$335,463$679,202
44$806,814$390,519$303,339$692,990
45$844,381$364,927$268,774$707,442
46$884,372$336,672$231,641$722,641
47$926,988$305,579$191,811$738,676
48$972,452$271,463$149,148$755,650
49$1,021,007$234,130$103,510$773,676
50$1,072,919$193,372$54,747$792,883
51$1,128,482$148,972$2,706$813,414
52$1,188,015$100,699$0$835,428
53$1,251,869$48,310$0$874,889
54$1,320,431$0$0$918,100
55$1,394,124$0$0$965,272
56$1,473,412$0$0$1,020,626
57$1,558,806$0$0$1,080,269
58$1,650,865$0$0$1,144,594
59$1,750,207$0$0$1,214,036
60$1,857,506$0$0$1,289,071
61$1,973,506$0$0$1,370,223
62$2,099,024$0$0$1,458,066
63$2,234,958$0$0$1,553,234
64$2,382,295$0$0$1,656,422
65$2,542,121$0$0$1,768,395
66$2,715,629$0$0$1,889,995
67$2,904,132$0$0$2,022,146
68$3,109,075$0$0$2,165,867
69$3,332,047$0$0$2,322,277
70$3,574,797$0$0$2,492,610
71$3,839,247$0$0$2,678,220
72$4,127,516$0$0$2,880,600
73$4,441,934$0$0$3,101,393
74$4,785,064$0$0$3,342,406
75$5,159,730$0$0$3,605,630
76$5,569,040$0$0$3,893,256
77$6,016,415$0$0$4,207,694
78$6,505,620$0$0$4,551,601
79$7,040,804$0$0$4,927,900
80$7,626,533$0$0$5,339,810
81$8,267,834$0$0$5,790,878
82$8,970,245$0$0$6,285,006
83$9,739,863$0$0$6,826,494
84$10,583,403$0$0$7,420,077
85$11,508,263$0$0$8,070,970
86$12,522,586$0$0$8,784,916
87$13,635,346$0$0$9,568,242
88$14,856,423$0$0$10,427,916
89$16,196,705$0$0$11,371,614
90$17,668,180$0$0$12,407,791
91$19,284,057$0$0$13,545,760
92$21,058,886$0$0$14,795,782
93$23,008,695$0$0$16,169,159
94$25,151,141$0$0$17,678,344
95$27,505,677$0$0$19,337,053
96$30,093,732$0$0$21,160,399
97$32,938,918$0$0$23,165,032
98$36,067,244$0$0$25,369,295
99$39,507,370$0$0$27,793,398
100$43,290,868$0$0$30,459,607