Can I retire at age 35 with 497,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%16.6%
1 years$41,042$40,676$40,320$39,971$39,631$38,564
2 years$20,318$19,939$19,573$19,217$18,872$17,804
3 years$13,411$13,031$12,665$12,313$11,973$10,938
4 years$9,958$9,579$9,217$8,870$8,539$7,546
5 years$7,887$7,510$7,153$6,813$6,492$5,541
6 years$6,506$6,132$5,780$5,449$5,137$4,231
7 years$5,521$5,150$4,803$4,480$4,177$3,317
8 years$4,782$4,415$4,074$3,758$3,466$2,649
9 years$4,207$3,844$3,509$3,201$2,918$2,146
10 years$3,748$3,388$3,059$2,759$2,487$1,756
11 years$3,373$3,016$2,693$2,401$2,139$1,450
12 years$3,060$2,707$2,390$2,106$1,853$1,204
13 years$2,796$2,446$2,135$1,860$1,616$1,006
14 years$2,569$2,224$1,919$1,651$1,417$844
15 years$2,373$2,031$1,732$1,472$1,247$710
16 years$2,202$1,864$1,571$1,318$1,102$600
17 years$2,051$1,716$1,429$1,184$977$508
18 years$1,917$1,586$1,305$1,067$869$431
19 years$1,797$1,470$1,194$964$775$366
20 years$1,689$1,366$1,096$873$692$311
21 years$1,592$1,272$1,008$793$619$265
22 years$1,503$1,188$929$721$555$226
23 years$1,423$1,111$858$656$498$193
24 years$1,349$1,041$793$599$448$165
25 years$1,281$977$735$547$403$141
26 years$1,219$918$682$500$363$120
27 years$1,161$864$633$458$327$103
28 years$1,108$814$588$419$295$88
29 years$1,058$768$548$384$267$75
30 years$1,012$725$510$353$241$65
31 years$968$686$475$324$218$55
32 years$928$649$444$298$197$47
33 years$890$614$414$274$178$41
34 years$854$582$387$252$161$35
35 years$821$552$362$232$146$30
36 years$789$524$338$214$132$26
37 years$760$498$317$197$120$22
38 years$731$473$297$181$109$19
39 years$705$450$278$167$99$16
40 years$679$428$261$154$90$14
41 years$656$407$244$142$81$12
42 years$633$388$229$131$74$10
43 years$611$370$215$121$67$9
44 years$591$352$202$112$61$7
45 years$571$336$190$103$55$6
46 years$552$321$178$96$50$5
47 years$534$306$167$88$45$5
48 years$517$292$157$82$41$4
49 years$501$279$148$75$37$3
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 $3,684 every year, while hoping to spend $29,990 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: 48/37/15 Blend
34$497,000$497,000$497,000$497,000
35$551,494$525,153$517,450$575,490
36$575,837$518,976$502,875$586,285
37$601,658$511,492$486,807$594,620
38$629,077$502,604$469,164$603,013
39$658,222$492,211$449,860$611,480
40$689,237$480,206$428,807$620,042
41$722,277$466,474$405,911$628,722
42$757,514$450,896$381,073$637,549
43$795,135$433,344$354,193$646,556
44$835,344$413,683$325,164$655,784
45$878,366$391,771$293,874$665,278
46$924,447$367,455$260,207$675,092
47$973,858$340,578$224,041$685,289
48$1,026,896$310,970$185,250$695,941
49$1,083,884$278,453$143,702$707,129
50$1,145,182$242,839$99,257$718,948
51$1,211,180$203,927$51,771$731,506
52$1,282,309$161,509$1,095$744,926
53$1,359,043$115,361$0$759,347
54$1,441,900$65,249$0$783,409
55$1,531,453$10,924$0$809,548
56$1,628,327$0$0$837,819
57$1,733,214$0$0$887,972
58$1,846,872$0$0$947,184
59$1,970,134$0$0$1,011,448
60$2,103,917$0$0$1,081,248
61$2,249,231$0$0$1,157,117
62$2,407,184$0$0$1,239,639
63$2,578,997$0$0$1,329,461
64$2,766,012$0$0$1,427,291
65$2,969,708$0$0$1,533,910
66$3,191,710$0$0$1,650,176
67$3,433,808$0$0$1,777,036
68$3,697,971$0$0$1,915,529
69$3,986,367$0$0$2,066,801
70$4,301,382$0$0$2,232,114
71$4,645,643$0$0$2,412,856
72$5,022,043$0$0$2,610,554
73$5,433,766$0$0$2,826,893
74$5,884,318$0$0$3,063,725
75$6,377,560$0$0$3,323,092
76$6,917,743$0$0$3,607,241
77$7,509,550$0$0$3,918,646
78$8,158,136$0$0$4,260,033
79$8,869,181$0$0$4,634,406
80$9,648,937$0$0$5,045,069
81$10,504,295$0$0$5,495,666
82$11,442,841$0$0$5,990,208
83$12,472,932$0$0$6,533,113
84$13,603,775$0$0$7,129,250
85$14,845,510$0$0$7,783,980
86$16,209,307$0$0$8,503,210
87$17,707,473$0$0$9,293,447
88$19,353,564$0$0$10,161,861
89$21,162,513$0$0$11,116,348
90$23,150,774$0$0$12,165,608
91$25,336,473$0$0$13,319,228
92$27,739,579$0$0$14,587,769
93$30,382,094$0$0$15,982,864
94$33,288,257$0$0$17,517,335
95$36,484,775$0$0$19,205,304
96$40,001,074$0$0$21,062,335
97$43,869,572$0$0$23,105,572
98$48,125,992$0$0$25,353,908
99$52,809,691$0$0$27,828,158
100$57,964,035$0$0$30,551,259