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%14.2%
1 years$41,124$40,758$40,401$40,052$39,711$39,021
2 years$20,359$19,979$19,612$19,256$18,910$18,217
3 years$13,438$13,057$12,690$12,337$11,997$11,323
4 years$9,978$9,598$9,235$8,888$8,557$7,906
5 years$7,902$7,525$7,167$6,827$6,505$5,880
6 years$6,519$6,145$5,792$5,460$5,147$4,549
7 years$5,532$5,160$4,813$4,489$4,186$3,614
8 years$4,791$4,423$4,082$3,765$3,473$2,927
9 years$4,216$3,851$3,516$3,207$2,924$2,405
10 years$3,756$3,395$3,065$2,765$2,492$1,998
11 years$3,380$3,022$2,698$2,406$2,143$1,675
12 years$3,066$2,713$2,395$2,111$1,857$1,413
13 years$2,801$2,451$2,140$1,863$1,619$1,200
14 years$2,574$2,228$1,922$1,654$1,420$1,023
15 years$2,378$2,036$1,736$1,475$1,250$876
16 years$2,206$1,868$1,574$1,321$1,105$752
17 years$2,055$1,720$1,432$1,187$979$648
18 years$1,921$1,589$1,307$1,069$871$559
19 years$1,800$1,473$1,197$966$776$483
20 years$1,693$1,369$1,098$875$693$419
21 years$1,595$1,275$1,010$794$620$363
22 years$1,506$1,190$931$722$556$315
23 years$1,426$1,113$860$658$499$274
24 years$1,352$1,043$795$600$449$239
25 years$1,284$979$736$548$404$208
26 years$1,221$920$683$501$364$181
27 years$1,164$866$634$459$328$158
28 years$1,110$816$590$420$296$138
29 years$1,060$770$549$385$267$120
30 years$1,014$727$511$354$241$105
31 years$970$687$476$325$218$92
32 years$930$650$445$298$197$80
33 years$892$616$415$274$179$70
34 years$856$583$388$252$162$61
35 years$823$553$363$232$147$54
36 years$791$525$339$214$133$47
37 years$761$499$317$197$120$41
38 years$733$474$297$182$109$36
39 years$706$451$279$168$99$31
40 years$681$429$261$155$90$27
41 years$657$408$245$143$81$24
42 years$634$389$230$132$74$21
43 years$612$370$215$122$67$18
44 years$592$353$202$112$61$16
45 years$572$337$190$104$55$14
46 years$553$321$178$96$50$12
47 years$535$307$168$88$46$11
48 years$518$293$157$82$41$9
49 years$502$279$148$76$38$8
50 years$486$267$139$70$34$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $498,000, adding $2,312 every year, while hoping to spend $36,672 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: 90/5/5 Blend
34$498,000$498,000$498,000$498,000
35$551,181$524,787$517,068$600,677
36$568,383$511,483$495,371$619,890
37$586,110$496,297$471,718$635,571
38$604,377$479,100$446,005$651,580
39$623,200$459,753$418,123$667,919
40$642,595$438,109$387,958$684,589
41$662,576$414,012$355,390$701,593
42$683,159$387,300$320,297$718,931
43$704,362$357,798$282,547$736,604
44$726,200$325,324$242,006$754,611
45$748,691$289,683$198,532$772,953
46$771,851$250,671$151,976$791,627
47$795,697$208,071$102,185$810,631
48$820,247$161,655$48,996$829,962
49$845,517$111,181$0$849,616
50$871,526$56,395$0$870,003
51$898,290$0$0$893,518
52$925,827$0$0$917,710
53$954,154$0$0$945,788
54$983,288$0$0$974,666
55$1,013,246$0$0$1,004,361
56$1,044,044$0$0$1,034,888
57$1,075,697$0$0$1,066,263
58$1,108,222$0$0$1,098,502
59$1,141,633$0$0$1,131,619
60$1,175,943$0$0$1,165,627
61$1,211,166$0$0$1,200,540
62$1,247,313$0$0$1,236,368
63$1,284,394$0$0$1,273,122
64$1,322,417$0$0$1,310,811
65$1,361,390$0$0$1,349,440
66$1,401,317$0$0$1,389,014
67$1,442,199$0$0$1,429,537
68$1,484,038$0$0$1,471,005
69$1,526,827$0$0$1,513,417
70$1,570,562$0$0$1,556,765
71$1,615,228$0$0$1,601,036
72$1,660,812$0$0$1,646,216
73$1,707,292$0$0$1,692,284
74$1,754,640$0$0$1,739,212
75$1,802,824$0$0$1,786,968
76$1,851,802$0$0$1,835,511
77$1,901,527$0$0$1,884,793
78$1,951,940$0$0$1,934,757
79$2,002,974$0$0$1,985,335
80$2,054,549$0$0$2,036,449
81$2,106,574$0$0$2,088,008
82$2,158,942$0$0$2,139,907
83$2,211,534$0$0$2,192,025
84$2,264,210$0$0$2,244,226
85$2,316,813$0$0$2,296,352
86$2,369,163$0$0$2,348,227
87$2,421,058$0$0$2,399,649
88$2,472,269$0$0$2,450,391
89$2,522,537$0$0$2,500,197
90$2,571,573$0$0$2,548,779
91$2,619,051$0$0$2,595,813
92$2,664,604$0$0$2,640,937
93$2,707,823$0$0$2,683,745
94$2,748,251$0$0$2,723,782
95$2,785,376$0$0$2,760,542
96$2,818,627$0$0$2,793,457
97$2,847,368$0$0$2,821,898
98$2,870,889$0$0$2,845,159
99$2,888,402$0$0$2,862,459
100$2,899,028$0$0$2,872,927