Can I retire at age 35 with 497,000?

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 $497,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$41,042$40,676$40,320$39,971$39,631$38,991
2 years$20,318$19,939$19,573$19,217$18,872$18,229
3 years$13,411$13,031$12,665$12,313$11,973$11,347
4 years$9,958$9,579$9,217$8,870$8,539$7,935
5 years$7,887$7,510$7,153$6,813$6,492$5,910
6 years$6,506$6,132$5,780$5,449$5,137$4,580
7 years$5,521$5,150$4,803$4,480$4,177$3,645
8 years$4,782$4,415$4,074$3,758$3,466$2,957
9 years$4,207$3,844$3,509$3,201$2,918$2,434
10 years$3,748$3,388$3,059$2,759$2,487$2,026
11 years$3,373$3,016$2,693$2,401$2,139$1,701
12 years$3,060$2,707$2,390$2,106$1,853$1,439
13 years$2,796$2,446$2,135$1,860$1,616$1,223
14 years$2,569$2,224$1,919$1,651$1,417$1,045
15 years$2,373$2,031$1,732$1,472$1,247$897
16 years$2,202$1,864$1,571$1,318$1,102$772
17 years$2,051$1,716$1,429$1,184$977$666
18 years$1,917$1,586$1,305$1,067$869$576
19 years$1,797$1,470$1,194$964$775$499
20 years$1,689$1,366$1,096$873$692$433
21 years$1,592$1,272$1,008$793$619$377
22 years$1,503$1,188$929$721$555$328
23 years$1,423$1,111$858$656$498$286
24 years$1,349$1,041$793$599$448$249
25 years$1,281$977$735$547$403$218
26 years$1,219$918$682$500$363$190
27 years$1,161$864$633$458$327$166
28 years$1,108$814$588$419$295$145
29 years$1,058$768$548$384$267$127
30 years$1,012$725$510$353$241$111
31 years$968$686$475$324$218$98
32 years$928$649$444$298$197$86
33 years$890$614$414$274$178$75
34 years$854$582$387$252$161$66
35 years$821$552$362$232$146$58
36 years$789$524$338$214$132$50
37 years$760$498$317$197$120$44
38 years$731$473$297$181$109$39
39 years$705$450$278$167$99$34
40 years$679$428$261$154$90$30
41 years$656$407$244$142$81$26
42 years$633$388$229$131$74$23
43 years$611$370$215$121$67$20
44 years$591$352$202$112$61$18
45 years$571$336$190$103$55$16
46 years$552$321$178$96$50$14
47 years$534$306$167$88$45$12
48 years$517$292$157$82$41$11
49 years$501$279$148$75$37$9
50 years$485$266$139$70$34$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $497,000, adding $2,218 every year, while hoping to spend $29,271 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: 24/48/28 Blend
34$497,000$497,000$497,000$497,000
35$549,982$523,641$515,937$558,294
36$574,936$518,155$502,077$560,039
37$601,454$511,420$486,772$559,288
38$629,665$503,342$469,941$557,870
39$659,710$493,825$451,503$555,748
40$691,743$482,765$431,371$552,887
41$725,933$470,052$409,454$549,250
42$762,464$455,571$385,657$544,799
43$801,540$439,198$359,881$539,499
44$843,383$420,804$332,022$533,312
45$888,236$400,252$301,973$526,203
46$936,367$377,396$269,621$518,136
47$988,070$352,082$234,847$509,079
48$1,043,667$324,147$197,528$498,997
49$1,103,512$293,421$157,535$487,862
50$1,167,992$259,721$114,735$475,646
51$1,237,535$222,855$68,986$462,324
52$1,312,609$182,620$20,143$447,876
53$1,393,729$138,803$0$432,286
54$1,481,462$91,176$0$425,099
55$1,576,428$39,501$0$423,798
56$1,679,313$0$0$422,414
57$1,790,868$0$0$429,712
58$1,911,919$0$0$460,344
59$2,043,377$0$0$493,684
60$2,186,242$0$0$529,997
61$2,341,614$0$0$569,571
62$2,510,703$0$0$612,725
63$2,694,843$0$0$659,810
64$2,895,498$0$0$711,212
65$3,114,282$0$0$767,356
66$3,352,970$0$0$828,711
67$3,613,517$0$0$895,791
68$3,898,074$0$0$969,163
69$4,209,009$0$0$1,049,452
70$4,548,930$0$0$1,137,347
71$4,920,706$0$0$1,233,603
72$5,327,499$0$0$1,339,055
73$5,772,788$0$0$1,454,621
74$6,260,407$0$0$1,581,313
75$6,794,574$0$0$1,720,245
76$7,379,938$0$0$1,872,643
77$8,021,617$0$0$2,039,860
78$8,725,249$0$0$2,223,383
79$9,497,042$0$0$2,424,852
80$10,343,835$0$0$2,646,074
81$11,273,161$0$0$2,889,037
82$12,293,317$0$0$3,155,935
83$13,413,443$0$0$3,449,181
84$14,643,608$0$0$3,771,435
85$15,994,903$0$0$4,125,628
86$17,479,545$0$0$4,514,988
87$19,110,996$0$0$4,943,072
88$20,904,083$0$0$5,413,798
89$22,875,144$0$0$5,931,485
90$25,042,176$0$0$6,500,888
91$27,425,010$0$0$7,127,248
92$30,045,492$0$0$7,816,341
93$32,927,691$0$0$8,574,527
94$36,098,128$0$0$9,408,817
95$39,586,021$0$0$10,326,935
96$43,423,565$0$0$11,337,391
97$47,646,231$0$0$12,449,563
98$52,293,103$0$0$13,673,782
99$57,407,245$0$0$15,021,434
100$63,036,107$0$0$16,505,064