Can I retire at age 35 with 498,000?

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 $498,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$41,124$40,758$40,401$40,052$39,711$38,363
2 years$20,359$19,979$19,612$19,256$18,910$17,566
3 years$13,438$13,057$12,690$12,337$11,997$10,699
4 years$9,978$9,598$9,235$8,888$8,557$7,313
5 years$7,902$7,525$7,167$6,827$6,505$5,320
6 years$6,519$6,145$5,792$5,460$5,147$4,022
7 years$5,532$5,160$4,813$4,489$4,186$3,121
8 years$4,791$4,423$4,082$3,765$3,473$2,466
9 years$4,216$3,851$3,516$3,207$2,924$1,976
10 years$3,756$3,395$3,065$2,765$2,492$1,599
11 years$3,380$3,022$2,698$2,406$2,143$1,305
12 years$3,066$2,713$2,395$2,111$1,857$1,071
13 years$2,801$2,451$2,140$1,863$1,619$884
14 years$2,574$2,228$1,922$1,654$1,420$732
15 years$2,378$2,036$1,736$1,475$1,250$609
16 years$2,206$1,868$1,574$1,321$1,105$507
17 years$2,055$1,720$1,432$1,187$979$424
18 years$1,921$1,589$1,307$1,069$871$355
19 years$1,800$1,473$1,197$966$776$297
20 years$1,693$1,369$1,098$875$693$249
21 years$1,595$1,275$1,010$794$620$209
22 years$1,506$1,190$931$722$556$176
23 years$1,426$1,113$860$658$499$148
24 years$1,352$1,043$795$600$449$125
25 years$1,284$979$736$548$404$105
26 years$1,221$920$683$501$364$89
27 years$1,164$866$634$459$328$75
28 years$1,110$816$590$420$296$63
29 years$1,060$770$549$385$267$53
30 years$1,014$727$511$354$241$45
31 years$970$687$476$325$218$38
32 years$930$650$445$298$197$32
33 years$892$616$415$274$179$27
34 years$856$583$388$252$162$23
35 years$823$553$363$232$147$19
36 years$791$525$339$214$133$16
37 years$761$499$317$197$120$14
38 years$733$474$297$182$109$12
39 years$706$451$279$168$99$10
40 years$681$429$261$155$90$8
41 years$657$408$245$143$81$7
42 years$634$389$230$132$74$6
43 years$612$370$215$122$67$5
44 years$592$353$202$112$61$4
45 years$572$337$190$104$55$4
46 years$553$321$178$96$50$3
47 years$535$307$168$88$46$3
48 years$518$293$157$82$41$2
49 years$502$279$148$76$38$2
50 years$486$267$139$70$34$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $498,000, adding $4,921 every year, while hoping to spend $35,078 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: 57/18/25 Blend
34$498,000$498,000$498,000$498,000
35$553,872$527,478$519,759$581,418
36$573,044$516,002$499,848$589,343
37$592,996$502,787$478,095$593,849
38$613,771$487,713$454,400$598,021
39$635,414$470,649$428,660$601,838
40$657,973$451,458$400,768$605,275
41$681,504$429,997$370,611$608,311
42$706,061$406,110$338,070$610,922
43$731,707$379,638$303,023$613,084
44$758,508$350,407$265,341$614,774
45$786,536$318,237$224,891$615,967
46$815,869$282,937$181,531$616,641
47$846,590$244,304$135,115$616,772
48$878,792$202,124$85,490$616,337
49$912,572$156,171$32,498$615,316
50$948,039$106,208$0$613,687
51$985,308$51,981$0$617,848
52$1,024,506$0$0$631,033
53$1,065,772$0$0$645,940
54$1,109,255$0$0$672,512
55$1,155,118$0$0$700,557
56$1,203,541$0$0$730,185
57$1,254,716$0$0$761,517
58$1,308,856$0$0$794,687
59$1,366,193$0$0$829,837
60$1,426,978$0$0$867,127
61$1,491,489$0$0$906,728
62$1,560,028$0$0$948,831
63$1,632,924$0$0$993,640
64$1,710,539$0$0$1,041,384
65$1,793,269$0$0$1,092,308
66$1,881,548$0$0$1,146,685
67$1,975,850$0$0$1,204,811
68$2,076,696$0$0$1,267,013
69$2,184,657$0$0$1,333,648
70$2,300,358$0$0$1,405,108
71$2,424,486$0$0$1,481,823
72$2,557,794$0$0$1,564,264
73$2,701,108$0$0$1,652,951
74$2,855,337$0$0$1,748,451
75$3,021,477$0$0$1,851,389
76$3,200,622$0$0$1,962,452
77$3,393,975$0$0$2,082,393
78$3,602,858$0$0$2,212,041
79$3,828,721$0$0$2,352,307
80$4,073,160$0$0$2,504,190
81$4,337,931$0$0$2,668,792
82$4,624,962$0$0$2,847,322
83$4,936,374$0$0$3,041,112
84$5,274,499$0$0$3,251,623
85$5,641,903$0$0$3,480,467
86$6,041,408$0$0$3,729,415
87$6,476,120$0$0$4,000,413
88$6,949,456$0$0$4,295,608
89$7,465,173$0$0$4,617,358
90$8,027,411$0$0$4,968,259
91$8,640,721$0$0$5,351,171
92$9,310,116$0$0$5,769,238
93$10,041,113$0$0$6,225,923
94$10,839,785$0$0$6,725,040
95$11,712,817$0$0$7,270,785
96$12,667,571$0$0$7,867,779
97$13,712,151$0$0$8,521,111
98$14,855,482$0$0$9,236,383
99$16,107,390$0$0$10,019,766
100$17,478,697$0$0$10,878,054