Can I retire at age 35 with 496,000?

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 $496,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$40,959$40,594$40,238$39,891$39,552$38,596
2 years$20,277$19,899$19,533$19,178$18,834$17,877
3 years$13,384$13,004$12,639$12,288$11,949$11,020
4 years$9,938$9,560$9,198$8,853$8,522$7,629
5 years$7,871$7,495$7,138$6,800$6,478$5,623
6 years$6,493$6,120$5,769$5,438$5,126$4,310
7 years$5,510$5,140$4,794$4,471$4,169$3,392
8 years$4,772$4,406$4,066$3,750$3,459$2,720
9 years$4,199$3,836$3,502$3,194$2,913$2,213
10 years$3,741$3,381$3,053$2,754$2,482$1,819
11 years$3,366$3,010$2,688$2,397$2,134$1,508
12 years$3,054$2,702$2,385$2,102$1,850$1,259
13 years$2,790$2,441$2,131$1,856$1,613$1,056
14 years$2,564$2,219$1,915$1,647$1,414$890
15 years$2,368$2,027$1,729$1,469$1,245$753
16 years$2,197$1,860$1,567$1,315$1,100$639
17 years$2,047$1,713$1,426$1,182$976$544
18 years$1,913$1,583$1,302$1,065$867$464
19 years$1,793$1,467$1,192$962$773$396
20 years$1,686$1,363$1,094$872$691$339
21 years$1,589$1,270$1,006$791$618$290
22 years$1,500$1,185$927$719$554$249
23 years$1,420$1,109$856$655$497$213
24 years$1,346$1,039$792$597$447$183
25 years$1,279$975$733$546$402$157
26 years$1,216$916$680$499$362$135
27 years$1,159$862$632$457$327$116
28 years$1,105$812$587$418$295$100
29 years$1,056$766$546$384$266$86
30 years$1,010$724$509$352$240$74
31 years$966$684$475$323$217$64
32 years$926$647$443$297$197$55
33 years$888$613$413$273$178$47
34 years$853$581$386$251$161$41
35 years$819$551$361$231$146$35
36 years$788$523$338$213$132$30
37 years$758$497$316$196$120$26
38 years$730$472$296$181$109$23
39 years$703$449$277$167$99$20
40 years$678$427$260$154$89$17
41 years$654$407$244$142$81$15
42 years$631$387$229$131$74$13
43 years$610$369$215$121$67$11
44 years$589$352$201$112$61$9
45 years$570$335$189$103$55$8
46 years$551$320$178$95$50$7
47 years$533$305$167$88$45$6
48 years$516$291$157$81$41$5
49 years$500$278$147$75$37$4
50 years$484$266$139$70$34$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $496,000, adding $5,236 every year, while hoping to spend $23,959 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: 36/43/21 Blend
34$496,000$496,000$496,000$496,000
35$551,993$525,705$518,017$568,194
36$582,804$525,972$509,878$580,774
37$615,955$525,450$500,664$591,742
38$651,659$524,073$490,313$603,093
39$690,150$521,775$478,760$614,875
40$731,686$518,483$465,940$627,143
41$776,550$514,120$451,780$639,959
42$825,052$508,606$436,209$653,395
43$877,534$501,855$419,149$667,530
44$934,372$493,775$400,520$682,456
45$995,978$484,270$380,237$698,273
46$1,062,806$473,237$358,213$715,098
47$1,135,355$460,569$334,357$733,059
48$1,214,176$446,151$308,572$752,302
49$1,299,870$429,861$280,758$772,990
50$1,393,104$411,572$250,810$795,306
51$1,494,608$391,146$218,620$819,455
52$1,605,187$368,441$184,073$845,667
53$1,725,726$343,305$147,049$874,199
54$1,857,200$315,576$107,424$905,338
55$2,000,680$285,085$65,069$939,405
56$2,157,348$251,653$19,848$976,757
57$2,328,503$215,090$0$1,017,794
58$2,515,576$175,194$0$1,069,327
59$2,720,141$131,755$0$1,130,647
60$2,943,933$84,549$0$1,197,887
61$3,188,862$33,339$0$1,271,698
62$3,457,030$0$0$1,352,803
63$3,750,752$0$0$1,452,468
64$4,072,579$0$0$1,579,024
65$4,425,318$0$0$1,717,809
66$4,812,063$0$0$1,870,047
67$5,236,220$0$0$2,037,090
68$5,701,541$0$0$2,220,425
69$6,212,158$0$0$2,421,690
70$6,772,623$0$0$2,642,690
71$7,387,951$0$0$2,885,413
72$8,063,665$0$0$3,152,047
73$8,805,849$0$0$3,445,007
74$9,621,206$0$0$3,766,949
75$10,517,119$0$0$4,120,802
76$11,501,725$0$0$4,509,791
77$12,583,984$0$0$4,937,470
78$13,773,769$0$0$5,407,753
79$15,081,958$0$0$5,924,956
80$16,520,536$0$0$6,493,830
81$18,102,705$0$0$7,119,612
82$19,843,014$0$0$7,808,072
83$21,757,489$0$0$8,565,565
84$23,863,792$0$0$9,399,096
85$26,181,379$0$0$10,316,382
86$28,731,689$0$0$11,325,927
87$31,538,345$0$0$12,437,100
88$34,627,375$0$0$13,660,224
89$38,027,458$0$0$15,006,675
90$41,770,194$0$0$16,488,986
91$45,890,403$0$0$18,120,970
92$50,426,452$0$0$19,917,844
93$55,420,618$0$0$21,896,378
94$60,919,485$0$0$24,075,051
95$66,974,384$0$0$26,474,223
96$73,641,878$0$0$29,116,332
97$80,984,293$0$0$32,026,101
98$89,070,310$0$0$35,230,773
99$97,975,608$0$0$38,760,369
100$107,783,579$0$0$42,647,969