Can I retire at age 35 with 278,000?

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 $278,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$22,957$22,752$22,553$22,358$22,168$21,927
2 years$11,365$11,153$10,948$10,749$10,556$10,314
3 years$7,501$7,289$7,084$6,887$6,697$6,461
4 years$5,570$5,358$5,155$4,962$4,777$4,548
5 years$4,411$4,201$4,001$3,811$3,631$3,411
6 years$3,639$3,430$3,233$3,048$2,873$2,661
7 years$3,088$2,881$2,687$2,506$2,337$2,134
8 years$2,675$2,469$2,279$2,102$1,938$1,744
9 years$2,353$2,150$1,963$1,790$1,632$1,447
10 years$2,097$1,895$1,711$1,543$1,391$1,214
11 years$1,887$1,687$1,506$1,343$1,196$1,027
12 years$1,712$1,514$1,337$1,178$1,037$876
13 years$1,564$1,368$1,194$1,040$904$751
14 years$1,437$1,244$1,073$923$792$648
15 years$1,327$1,136$969$823$698$560
16 years$1,232$1,043$878$737$617$487
17 years$1,147$960$799$662$547$424
18 years$1,072$887$730$597$486$370
19 years$1,005$822$668$539$433$324
20 years$945$764$613$489$387$284
21 years$890$712$564$443$346$249
22 years$841$664$520$403$310$219
23 years$796$621$480$367$279$193
24 years$755$582$444$335$250$170
25 years$717$546$411$306$225$150
26 years$682$513$381$280$203$132
27 years$650$483$354$256$183$117
28 years$620$455$329$235$165$103
29 years$592$430$306$215$149$91
30 years$566$406$285$197$135$81
31 years$542$384$266$181$122$72
32 years$519$363$248$167$110$63
33 years$498$344$232$153$100$56
34 years$478$326$216$141$90$50
35 years$459$309$202$130$82$44
36 years$442$293$189$119$74$39
37 years$425$278$177$110$67$35
38 years$409$265$166$101$61$31
39 years$394$252$155$94$55$27
40 years$380$239$146$86$50$24
41 years$367$228$137$80$45$21
42 years$354$217$128$73$41$19
43 years$342$207$120$68$37$17
44 years$330$197$113$63$34$15
45 years$319$188$106$58$31$13
46 years$309$179$100$53$28$12
47 years$299$171$94$49$25$10
48 years$289$163$88$46$23$9
49 years$280$156$83$42$21$8
50 years$271$149$78$39$19$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $278,000, adding $6,006 every year, while hoping to spend $21,367 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: 54/22/24 Blend
34$278,000$278,000$278,000$278,000
35$312,551$297,817$293,508$327,067
36$321,697$289,676$280,606$329,569
37$331,060$280,420$266,556$329,572
38$340,639$269,971$251,297$329,130
39$350,433$258,248$234,764$328,209
40$360,440$245,166$216,892$326,770
41$370,657$230,631$197,610$324,773
42$381,080$214,548$176,846$322,175
43$391,703$196,814$154,523$318,931
44$402,521$177,322$130,563$314,992
45$413,524$155,956$104,883$310,307
46$424,702$132,597$77,396$304,821
47$436,044$107,117$48,011$298,473
48$447,536$79,381$16,635$291,203
49$459,161$49,247$0$282,942
50$470,900$16,564$0$277,934
51$482,731$0$0$276,615
52$494,628$0$0$279,223
53$506,563$0$0$285,849
54$518,501$0$0$292,462
55$530,406$0$0$299,039
56$542,234$0$0$305,555
57$553,937$0$0$311,980
58$565,460$0$0$318,281
59$576,741$0$0$324,421
60$587,712$0$0$330,358
61$598,294$0$0$336,044
62$608,401$0$0$341,429
63$617,935$0$0$346,453
64$626,787$0$0$351,051
65$634,835$0$0$355,149
66$641,943$0$0$358,666
67$647,961$0$0$361,512
68$652,719$0$0$363,585
69$656,031$0$0$364,774
70$657,688$0$0$364,953
71$657,458$0$0$363,983
72$655,085$0$0$361,712
73$650,282$0$0$357,969
74$642,733$0$0$352,563
75$632,087$0$0$345,285
76$617,954$0$0$335,904
77$599,905$0$0$324,160
78$577,460$0$0$309,769
79$550,091$0$0$292,415
80$517,212$0$0$271,750
81$478,178$0$0$247,386
82$432,270$0$0$218,897
83$378,697$0$0$185,809
84$316,584$0$0$147,601
85$244,961$0$0$103,694
86$162,760$0$0$53,453
87$68,797$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