Can I retire at age 35 with 494,000?

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 $494,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$40,794$40,431$40,076$39,730$39,392$38,772
2 years$20,195$19,819$19,454$19,101$18,758$18,135
3 years$13,330$12,952$12,588$12,238$11,901$11,294
4 years$9,898$9,521$9,161$8,817$8,488$7,902
5 years$7,839$7,465$7,109$6,772$6,452$5,889
6 years$6,467$6,095$5,745$5,416$5,106$4,565
7 years$5,487$5,119$4,774$4,453$4,152$3,636
8 years$4,753$4,388$4,049$3,735$3,445$2,952
9 years$4,182$3,820$3,488$3,182$2,901$2,431
10 years$3,726$3,368$3,040$2,743$2,472$2,025
11 years$3,352$2,998$2,677$2,387$2,126$1,701
12 years$3,042$2,691$2,376$2,094$1,842$1,439
13 years$2,779$2,432$2,122$1,848$1,606$1,225
14 years$2,554$2,210$1,907$1,641$1,408$1,047
15 years$2,359$2,019$1,722$1,463$1,240$899
16 years$2,189$1,853$1,561$1,310$1,096$774
17 years$2,038$1,706$1,420$1,177$972$669
18 years$1,905$1,577$1,297$1,061$864$579
19 years$1,786$1,461$1,187$959$770$502
20 years$1,679$1,358$1,089$868$688$436
21 years$1,582$1,265$1,002$788$615$379
22 years$1,494$1,181$924$716$552$331
23 years$1,414$1,104$853$652$495$288
24 years$1,341$1,034$789$595$445$252
25 years$1,274$971$730$543$401$220
26 years$1,212$912$677$497$361$192
27 years$1,154$859$629$455$325$168
28 years$1,101$809$585$417$294$147
29 years$1,052$763$544$382$265$129
30 years$1,006$721$507$351$239$113
31 years$963$681$473$322$217$99
32 years$922$645$441$296$196$87
33 years$885$611$412$272$177$76
34 years$849$579$385$250$160$67
35 years$816$549$360$231$145$59
36 years$785$521$336$212$132$51
37 years$755$495$315$196$119$45
38 years$727$470$295$180$108$40
39 years$700$447$276$166$98$35
40 years$675$425$259$153$89$31
41 years$652$405$243$141$81$27
42 years$629$386$228$131$73$24
43 years$607$368$214$121$66$21
44 years$587$350$201$111$60$18
45 years$567$334$188$103$55$16
46 years$549$319$177$95$50$14
47 years$531$304$166$88$45$12
48 years$514$290$156$81$41$11
49 years$498$277$147$75$37$10
50 years$482$265$138$69$34$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $494,000, adding $5,295 every year, while hoping to spend $43,174 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: 89/6/5 Blend
34$494,000$494,000$494,000$494,000
35$549,850$523,668$516,011$598,385
36$559,998$503,391$487,360$610,484
37$569,734$480,673$456,303$617,137
38$578,970$455,350$422,713$623,008
39$587,609$427,246$386,458$627,986
40$595,541$396,177$347,400$631,943
41$602,644$361,947$305,396$634,741
42$608,782$324,351$260,294$636,225
43$613,802$283,169$211,939$636,224
44$617,538$238,171$160,167$634,552
45$619,799$189,114$104,805$630,998
46$620,378$135,741$45,676$625,334
47$619,044$77,779$0$617,305
48$615,537$14,941$0$607,561
49$609,574$0$0$597,523
50$600,837$0$0$587,926
51$588,975$0$0$576,249
52$573,599$0$0$561,124
53$554,277$0$0$542,128
54$530,534$0$0$518,794
55$501,840$0$0$490,603
56$467,610$0$0$456,981
57$427,198$0$0$417,294
58$379,889$0$0$370,841
59$324,892$0$0$316,846
60$261,332$0$0$254,450
61$188,243$0$0$182,707
62$104,556$0$0$100,569
63$9,093$0$0$6,878
64$0$0$0$0
65$0$0$0$0
66$0$0$0$0
67$0$0$0$0
68$0$0$0$0
69$0$0$0$0
70$0$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0