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%11.3%
1 years$41,124$40,758$40,401$40,052$39,711$39,494
2 years$20,359$19,979$19,612$19,256$18,910$18,691
3 years$13,438$13,057$12,690$12,337$11,997$11,783
4 years$9,978$9,598$9,235$8,888$8,557$8,349
5 years$7,902$7,525$7,167$6,827$6,505$6,304
6 years$6,519$6,145$5,792$5,460$5,147$4,953
7 years$5,532$5,160$4,813$4,489$4,186$4,000
8 years$4,791$4,423$4,082$3,765$3,473$3,294
9 years$4,216$3,851$3,516$3,207$2,924$2,753
10 years$3,756$3,395$3,065$2,765$2,492$2,328
11 years$3,380$3,022$2,698$2,406$2,143$1,986
12 years$3,066$2,713$2,395$2,111$1,857$1,708
13 years$2,801$2,451$2,140$1,863$1,619$1,477
14 years$2,574$2,228$1,922$1,654$1,420$1,284
15 years$2,378$2,036$1,736$1,475$1,250$1,121
16 years$2,206$1,868$1,574$1,321$1,105$982
17 years$2,055$1,720$1,432$1,187$979$863
18 years$1,921$1,589$1,307$1,069$871$760
19 years$1,800$1,473$1,197$966$776$672
20 years$1,693$1,369$1,098$875$693$594
21 years$1,595$1,275$1,010$794$620$527
22 years$1,506$1,190$931$722$556$468
23 years$1,426$1,113$860$658$499$416
24 years$1,352$1,043$795$600$449$370
25 years$1,284$979$736$548$404$330
26 years$1,221$920$683$501$364$294
27 years$1,164$866$634$459$328$262
28 years$1,110$816$590$420$296$234
29 years$1,060$770$549$385$267$209
30 years$1,014$727$511$354$241$187
31 years$970$687$476$325$218$168
32 years$930$650$445$298$197$150
33 years$892$616$415$274$179$134
34 years$856$583$388$252$162$120
35 years$823$553$363$232$147$108
36 years$791$525$339$214$133$97
37 years$761$499$317$197$120$87
38 years$733$474$297$182$109$78
39 years$706$451$279$168$99$70
40 years$681$429$261$155$90$62
41 years$657$408$245$143$81$56
42 years$634$389$230$132$74$50
43 years$612$370$215$122$67$45
44 years$592$353$202$112$61$41
45 years$572$337$190$104$55$36
46 years$553$321$178$96$50$33
47 years$535$307$168$88$46$29
48 years$518$293$157$82$41$26
49 years$502$279$148$76$38$24
50 years$486$267$139$70$34$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $498,000, adding $2,647 every year, while hoping to spend $40,439 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: 56/35/9 Blend
34$498,000$498,000$498,000$498,000
35$551,526$525,132$517,413$581,077
36$564,755$507,837$491,720$584,037
37$577,978$488,339$463,810$582,547
38$591,152$466,487$433,568$579,949
39$604,227$442,123$400,870$576,143
40$617,148$415,077$365,590$571,020
41$629,854$385,172$327,593$564,465
42$642,272$352,219$286,740$556,352
43$654,324$316,018$242,887$546,546
44$665,922$276,360$195,880$534,901
45$676,966$233,021$145,562$521,258
46$687,344$185,767$91,766$505,448
47$696,933$134,349$34,320$487,287
48$705,594$78,506$0$466,577
49$713,171$17,960$0$445,693
50$719,493$0$0$425,499
51$724,368$0$0$420,789
52$727,581$0$0$421,946
53$728,897$0$0$421,906
54$728,050$0$0$420,504
55$724,748$0$0$417,559
56$718,666$0$0$412,870
57$709,444$0$0$406,214
58$696,681$0$0$397,343
59$679,935$0$0$385,982
60$658,715$0$0$371,828
61$632,478$0$0$354,543
62$600,621$0$0$333,757
63$562,479$0$0$309,057
64$517,316$0$0$279,987
65$464,316$0$0$246,043
66$402,579$0$0$206,668
67$331,107$0$0$161,246
68$248,801$0$0$109,096
69$154,443$0$0$49,466
70$46,689$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