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 $4,702 every year, while hoping to spend $37,165 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: 63/13/24 Blend
34$496,000$496,000$496,000$496,000
35$551,442$525,154$517,466$582,430
36$568,146$511,343$495,258$590,128
37$585,308$495,610$471,060$593,993
38$602,936$477,822$444,767$597,385
39$621,036$457,836$416,268$600,261
40$639,616$435,504$385,446$602,577
41$658,680$410,667$352,183$604,286
42$678,235$383,159$316,350$605,337
43$698,283$352,802$277,817$605,677
44$718,829$319,411$236,445$605,247
45$739,875$282,787$192,090$603,988
46$761,420$242,722$144,603$601,833
47$783,465$198,994$93,827$598,714
48$806,006$151,373$39,598$594,556
49$829,038$99,610$0$589,280
50$852,557$43,447$0$587,482
51$876,551$0$0$595,518
52$901,009$0$0$605,676
53$925,915$0$0$622,343
54$951,252$0$0$639,288
55$976,997$0$0$656,496
56$1,003,122$0$0$673,947
57$1,029,595$0$0$691,618
58$1,056,380$0$0$709,483
59$1,083,432$0$0$727,511
60$1,110,702$0$0$745,666
61$1,138,131$0$0$763,907
62$1,165,653$0$0$782,188
63$1,193,193$0$0$800,454
64$1,220,664$0$0$818,647
65$1,247,968$0$0$836,695
66$1,274,996$0$0$854,524
67$1,301,622$0$0$872,043
68$1,327,706$0$0$889,157
69$1,353,090$0$0$905,752
70$1,377,598$0$0$921,707
71$1,401,029$0$0$936,881
72$1,423,162$0$0$951,120
73$1,443,749$0$0$964,249
74$1,462,511$0$0$976,076
75$1,479,140$0$0$986,382
76$1,493,289$0$0$994,929
77$1,504,574$0$0$1,001,447
78$1,512,569$0$0$1,005,639
79$1,516,796$0$0$1,007,173
80$1,516,728$0$0$1,005,681
81$1,511,777$0$0$1,000,753
82$1,501,292$0$0$991,936
83$1,484,550$0$0$978,726
84$1,460,749$0$0$960,566
85$1,429,001$0$0$936,838
86$1,388,321$0$0$906,854
87$1,337,619$0$0$869,859
88$1,275,688$0$0$825,010
89$1,201,191$0$0$771,379
90$1,112,650$0$0$707,938
91$1,008,430$0$0$633,549
92$886,720$0$0$546,955
93$745,523$0$0$446,764
94$582,627$0$0$331,441
95$395,589$0$0$199,287
96$181,709$0$0$48,425
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0