Can I retire at age 35 with 499,000?

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 $499,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$41,207$40,840$40,482$40,132$39,791$38,940
2 years$20,399$20,020$19,651$19,294$18,948$18,095
3 years$13,465$13,083$12,716$12,362$12,021$11,192
4 years$9,998$9,617$9,254$8,906$8,574$7,776
5 years$7,918$7,540$7,181$6,841$6,518$5,753
6 years$6,532$6,157$5,804$5,471$5,157$4,426
7 years$5,543$5,171$4,823$4,498$4,194$3,497
8 years$4,801$4,432$4,090$3,773$3,479$2,816
9 years$4,224$3,859$3,523$3,214$2,930$2,300
10 years$3,763$3,402$3,071$2,770$2,497$1,899
11 years$3,386$3,028$2,704$2,411$2,147$1,582
12 years$3,072$2,718$2,400$2,115$1,861$1,326
13 years$2,807$2,456$2,144$1,867$1,623$1,118
14 years$2,580$2,233$1,926$1,657$1,422$947
15 years$2,383$2,040$1,739$1,478$1,252$805
16 years$2,211$1,871$1,577$1,323$1,107$687
17 years$2,059$1,723$1,435$1,189$981$587
18 years$1,924$1,592$1,310$1,072$873$503
19 years$1,804$1,476$1,199$968$778$432
20 years$1,696$1,371$1,100$877$695$371
21 years$1,598$1,277$1,012$796$622$320
22 years$1,509$1,192$933$724$557$275
23 years$1,429$1,115$861$659$500$238
24 years$1,355$1,045$797$601$450$205
25 years$1,286$981$738$549$405$177
26 years$1,224$922$684$502$364$153
27 years$1,166$867$635$459$329$133
28 years$1,112$817$591$421$296$115
29 years$1,062$771$550$386$268$99
30 years$1,016$728$512$354$242$86
31 years$972$688$477$325$219$75
32 years$932$651$445$299$198$65
33 years$894$617$416$275$179$56
34 years$858$585$389$253$162$49
35 years$824$554$363$233$147$42
36 years$793$526$340$214$133$37
37 years$763$500$318$198$121$32
38 years$734$475$298$182$109$27
39 years$708$452$279$168$99$24
40 years$682$430$262$155$90$21
41 years$658$409$245$143$82$18
42 years$635$390$230$132$74$16
43 years$614$371$216$122$67$14
44 years$593$354$203$112$61$12
45 years$573$337$190$104$55$10
46 years$554$322$179$96$50$9
47 years$536$307$168$89$46$8
48 years$519$293$158$82$41$7
49 years$503$280$148$76$38$6
50 years$487$268$139$70$34$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $499,000, adding $2,437 every year, while hoping to spend $34,393 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: 45/48/7 Blend
34$499,000$499,000$499,000$499,000
35$552,412$525,965$518,230$576,086
36$572,164$515,143$498,997$581,847
37$592,778$502,639$477,967$584,335
38$614,306$488,332$455,043$586,234
39$636,803$472,098$430,125$587,501
40$660,330$453,804$403,107$588,093
41$684,951$433,308$373,879$587,962
42$710,738$410,462$342,326$587,060
43$737,766$385,108$308,327$585,337
44$766,120$357,080$271,757$582,741
45$795,888$326,200$232,485$579,220
46$827,168$292,284$190,373$574,717
47$860,068$255,134$145,279$569,177
48$894,701$214,543$97,052$562,540
49$931,195$170,289$45,538$554,748
50$969,686$122,143$0$545,741
51$1,010,324$69,858$0$536,160
52$1,053,271$13,175$0$528,916
53$1,098,706$0$0$520,553
54$1,146,821$0$0$536,471
55$1,197,831$0$0$560,750
56$1,251,965$0$0$586,548
57$1,309,477$0$0$613,988
58$1,370,645$0$0$643,207
59$1,435,772$0$0$674,353
60$1,505,189$0$0$707,591
61$1,579,259$0$0$743,100
62$1,658,383$0$0$781,075
63$1,742,995$0$0$821,733
64$1,833,574$0$0$865,309
65$1,930,645$0$0$912,062
66$2,034,785$0$0$962,276
67$2,146,623$0$0$1,016,263
68$2,266,854$0$0$1,074,366
69$2,396,240$0$0$1,136,961
70$2,535,614$0$0$1,204,459
71$2,685,896$0$0$1,277,316
72$2,848,094$0$0$1,356,030
73$3,023,315$0$0$1,441,147
74$3,212,777$0$0$1,533,271
75$3,417,819$0$0$1,633,063
76$3,639,911$0$0$1,741,251
77$3,880,671$0$0$1,858,634
78$4,141,878$0$0$1,986,094
79$4,425,486$0$0$2,124,598
80$4,733,649$0$0$2,275,211
81$5,068,733$0$0$2,439,104
82$5,433,340$0$0$2,617,567
83$5,830,338$0$0$2,812,018
84$6,262,877$0$0$3,024,018
85$6,734,427$0$0$3,255,285
86$7,248,806$0$0$3,507,709
87$7,810,217$0$0$3,783,374
88$8,423,286$0$0$4,084,569
89$9,093,106$0$0$4,413,817
90$9,825,283$0$0$4,773,897
91$10,625,989$0$0$5,167,865
92$11,502,021$0$0$5,599,090
93$12,460,861$0$0$6,071,280
94$13,510,751$0$0$6,588,516
95$14,660,765$0$0$7,155,296
96$15,920,895$0$0$7,776,573
97$17,302,147$0$0$8,457,801
98$18,816,643$0$0$9,204,986
99$20,477,733$0$0$10,024,745
100$22,300,120$0$0$10,924,366