Can I retire at age 35 with 497,000?

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 $497,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$41,042$40,676$40,320$39,971$39,631$38,626
2 years$20,318$19,939$19,573$19,217$18,872$17,866
3 years$13,411$13,031$12,665$12,313$11,973$10,998
4 years$9,958$9,579$9,217$8,870$8,539$7,602
5 years$7,887$7,510$7,153$6,813$6,492$5,594
6 years$6,506$6,132$5,780$5,449$5,137$4,281
7 years$5,521$5,150$4,803$4,480$4,177$3,363
8 years$4,782$4,415$4,074$3,758$3,466$2,693
9 years$4,207$3,844$3,509$3,201$2,918$2,186
10 years$3,748$3,388$3,059$2,759$2,487$1,794
11 years$3,373$3,016$2,693$2,401$2,139$1,485
12 years$3,060$2,707$2,390$2,106$1,853$1,237
13 years$2,796$2,446$2,135$1,860$1,616$1,036
14 years$2,569$2,224$1,919$1,651$1,417$871
15 years$2,373$2,031$1,732$1,472$1,247$735
16 years$2,202$1,864$1,571$1,318$1,102$623
17 years$2,051$1,716$1,429$1,184$977$529
18 years$1,917$1,586$1,305$1,067$869$450
19 years$1,797$1,470$1,194$964$775$383
20 years$1,689$1,366$1,096$873$692$327
21 years$1,592$1,272$1,008$793$619$279
22 years$1,503$1,188$929$721$555$239
23 years$1,423$1,111$858$656$498$204
24 years$1,349$1,041$793$599$448$175
25 years$1,281$977$735$547$403$150
26 years$1,219$918$682$500$363$129
27 years$1,161$864$633$458$327$111
28 years$1,108$814$588$419$295$95
29 years$1,058$768$548$384$267$81
30 years$1,012$725$510$353$241$70
31 years$968$686$475$324$218$60
32 years$928$649$444$298$197$52
33 years$890$614$414$274$178$44
34 years$854$582$387$252$161$38
35 years$821$552$362$232$146$33
36 years$789$524$338$214$132$28
37 years$760$498$317$197$120$24
38 years$731$473$297$181$109$21
39 years$705$450$278$167$99$18
40 years$679$428$261$154$90$15
41 years$656$407$244$142$81$13
42 years$633$388$229$131$74$11
43 years$611$370$215$121$67$10
44 years$591$352$202$112$61$8
45 years$571$336$190$103$55$7
46 years$552$321$178$96$50$6
47 years$534$306$167$88$45$5
48 years$517$292$157$82$41$5
49 years$501$279$148$75$37$4
50 years$485$266$139$70$34$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $497,000, adding $2,277 every year, while hoping to spend $24,807 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: 33/48/19 Blend
34$497,000$497,000$497,000$497,000
35$550,043$523,702$515,998$564,898
36$579,753$522,969$506,890$575,371
37$611,662$521,368$496,645$584,210
38$645,967$518,832$485,199$593,215
39$682,888$515,286$472,485$602,416
40$722,662$510,655$458,432$611,847
41$765,552$504,855$442,968$621,547
42$811,845$497,800$426,015$631,563
43$861,859$489,398$407,492$641,947
44$915,942$479,551$387,316$652,760
45$974,475$468,157$365,398$664,072
46$1,037,879$455,104$341,647$675,964
47$1,106,617$440,279$315,966$688,526
48$1,181,197$423,557$288,256$701,861
49$1,262,178$404,810$258,411$716,087
50$1,350,174$383,900$226,322$731,337
51$1,445,863$360,682$191,875$747,761
52$1,549,988$335,003$154,950$765,531
53$1,663,368$306,699$115,422$784,836
54$1,786,904$275,600$73,161$805,893
55$1,921,588$241,524$28,031$828,944
56$2,068,510$204,279$0$854,263
57$2,228,873$163,664$0$886,236
58$2,403,999$119,463$0$927,454
59$2,595,342$71,452$0$972,645
60$2,804,505$19,392$0$1,022,271
61$3,033,253$0$0$1,076,846
62$3,283,527$0$0$1,156,469
63$3,557,468$0$0$1,254,905
64$3,857,430$0$0$1,362,767
65$4,186,006$0$0$1,480,996
66$4,546,053$0$0$1,610,631
67$4,940,717$0$0$1,752,813
68$5,373,463$0$0$1,908,801
69$5,848,105$0$0$2,079,982
70$6,368,847$0$0$2,267,883
71$6,940,318$0$0$2,474,185
72$7,567,618$0$0$2,700,743
73$8,256,362$0$0$2,949,596
74$9,012,740$0$0$3,222,993
75$9,843,566$0$0$3,523,412
76$10,756,349$0$0$3,853,581
77$11,759,362$0$0$4,216,508
78$12,861,716$0$0$4,615,503
79$14,073,453$0$0$5,054,217
80$15,405,631$0$0$5,536,669
81$16,870,437$0$0$6,067,289
82$18,481,296$0$0$6,650,958
83$20,253,001$0$0$7,293,053
84$22,201,847$0$0$7,999,498
85$24,345,792$0$0$8,776,820
86$26,704,618$0$0$9,632,213
87$29,300,125$0$0$10,573,600
88$32,156,330$0$0$11,609,715
89$35,299,698$0$0$12,750,178
90$38,759,386$0$0$14,005,590
91$42,567,525$0$0$15,387,634
92$46,759,517$0$0$16,909,181
93$51,374,370$0$0$18,584,414
94$56,455,068$0$0$20,428,961
95$62,048,973$0$0$22,460,044
96$68,208,274$0$0$24,696,638
97$74,990,478$0$0$27,159,653
98$82,458,954$0$0$29,872,130
99$90,683,527$0$0$32,859,459
100$99,741,139$0$0$36,149,617