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%12.3%
1 years$40,959$40,594$40,238$39,891$39,552$39,171
2 years$20,277$19,899$19,533$19,178$18,834$18,451
3 years$13,384$13,004$12,639$12,288$11,949$11,575
4 years$9,938$9,560$9,198$8,853$8,522$8,160
5 years$7,871$7,495$7,138$6,800$6,478$6,129
6 years$6,493$6,120$5,769$5,438$5,126$4,790
7 years$5,510$5,140$4,794$4,471$4,169$3,847
8 years$4,772$4,406$4,066$3,750$3,459$3,150
9 years$4,199$3,836$3,502$3,194$2,913$2,618
10 years$3,741$3,381$3,053$2,754$2,482$2,200
11 years$3,366$3,010$2,688$2,397$2,134$1,866
12 years$3,054$2,702$2,385$2,102$1,850$1,594
13 years$2,790$2,441$2,131$1,856$1,613$1,370
14 years$2,564$2,219$1,915$1,647$1,414$1,183
15 years$2,368$2,027$1,729$1,469$1,245$1,026
16 years$2,197$1,860$1,567$1,315$1,100$892
17 years$2,047$1,713$1,426$1,182$976$779
18 years$1,913$1,583$1,302$1,065$867$682
19 years$1,793$1,467$1,192$962$773$598
20 years$1,686$1,363$1,094$872$691$525
21 years$1,589$1,270$1,006$791$618$462
22 years$1,500$1,185$927$719$554$407
23 years$1,420$1,109$856$655$497$359
24 years$1,346$1,039$792$597$447$317
25 years$1,279$975$733$546$402$281
26 years$1,216$916$680$499$362$248
27 years$1,159$862$632$457$327$220
28 years$1,105$812$587$418$295$195
29 years$1,056$766$546$384$266$173
30 years$1,010$724$509$352$240$153
31 years$966$684$475$323$217$136
32 years$926$647$443$297$197$121
33 years$888$613$413$273$178$107
34 years$853$581$386$251$161$95
35 years$819$551$361$231$146$85
36 years$788$523$338$213$132$75
37 years$758$497$316$196$120$67
38 years$730$472$296$181$109$59
39 years$703$449$277$167$99$53
40 years$678$427$260$154$89$47
41 years$654$407$244$142$81$42
42 years$631$387$229$131$74$37
43 years$610$369$215$121$67$33
44 years$589$352$201$112$61$29
45 years$570$335$189$103$55$26
46 years$551$320$178$95$50$23
47 years$533$305$167$88$45$21
48 years$516$291$157$81$41$18
49 years$500$278$147$75$37$16
50 years$484$266$139$70$34$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $496,000, adding $5,848 every year, while hoping to spend $38,521 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: 69/17/14 Blend
34$496,000$496,000$496,000$496,000
35$552,624$526,336$518,648$588,606
36$568,006$511,141$495,037$598,097
37$583,665$493,909$469,344$603,322
38$599,590$474,502$441,458$608,046
39$615,766$452,770$411,264$612,216
40$632,175$428,557$378,642$615,773
41$648,796$401,695$343,465$618,653
42$665,604$372,009$305,603$620,787
43$682,572$339,314$264,917$622,102
44$699,666$303,412$221,264$622,515
45$716,850$264,097$174,493$621,941
46$734,079$221,148$124,450$620,284
47$751,305$174,335$70,969$617,443
48$768,473$123,412$13,881$613,307
49$785,518$68,120$0$607,756
50$802,370$8,187$0$607,688
51$818,948$0$0$608,604
52$835,160$0$0$618,908
53$850,906$0$0$630,373
54$866,071$0$0$641,379
55$880,526$0$0$651,830
56$894,128$0$0$661,615
57$906,717$0$0$670,612
58$918,113$0$0$678,684
59$928,118$0$0$685,680
60$936,508$0$0$691,428
61$943,037$0$0$695,741
62$947,428$0$0$698,409
63$949,376$0$0$699,197
64$948,539$0$0$697,846
65$944,540$0$0$694,068
66$936,960$0$0$687,544
67$925,333$0$0$677,918
68$909,143$0$0$664,799
69$887,819$0$0$647,750
70$860,728$0$0$626,289
71$827,166$0$0$599,882
72$786,359$0$0$567,937
73$737,447$0$0$529,800
74$679,478$0$0$484,747
75$611,400$0$0$431,977
76$532,052$0$0$370,604
77$440,145$0$0$299,651
78$334,260$0$0$218,035
79$212,825$0$0$124,560
80$74,105$0$0$17,906
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