Can I retire at age 35 with 290,000?

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 $290,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$23,948$23,735$23,526$23,323$23,125$22,557
2 years$11,855$11,635$11,421$11,213$11,012$10,443
3 years$7,825$7,603$7,390$7,184$6,986$6,435
4 years$5,810$5,589$5,378$5,176$4,983$4,452
5 years$4,602$4,382$4,174$3,976$3,788$3,280
6 years$3,796$3,578$3,373$3,179$2,997$2,513
7 years$3,221$3,005$2,803$2,614$2,438$1,976
8 years$2,790$2,576$2,377$2,193$2,022$1,584
9 years$2,455$2,243$2,047$1,868$1,703$1,288
10 years$2,187$1,977$1,785$1,610$1,451$1,058
11 years$1,968$1,760$1,571$1,401$1,248$877
12 years$1,786$1,580$1,395$1,229$1,081$731
13 years$1,631$1,427$1,246$1,085$943$613
14 years$1,499$1,298$1,120$963$827$517
15 years$1,385$1,185$1,011$859$728$437
16 years$1,285$1,088$916$769$643$370
17 years$1,197$1,002$834$691$570$315
18 years$1,118$925$761$623$507$268
19 years$1,048$858$697$563$452$229
20 years$986$797$640$510$404$196
21 years$929$742$588$463$361$167
22 years$877$693$542$421$324$143
23 years$830$648$501$383$291$123
24 years$787$607$463$349$261$105
25 years$748$570$429$319$235$91
26 years$711$536$398$292$212$78
27 years$678$504$369$267$191$67
28 years$646$475$343$245$172$57
29 years$617$448$319$224$156$49
30 years$590$423$298$206$141$43
31 years$565$400$277$189$127$37
32 years$541$379$259$174$115$32
33 years$519$358$242$160$104$27
34 years$499$340$226$147$94$23
35 years$479$322$211$135$85$20
36 years$461$306$198$125$77$17
37 years$443$291$185$115$70$15
38 years$427$276$173$106$64$13
39 years$411$263$162$98$58$11
40 years$396$250$152$90$52$10
41 years$382$238$143$83$47$8
42 years$369$226$134$77$43$7
43 years$357$216$125$71$39$6
44 years$345$206$118$65$35$5
45 years$333$196$111$60$32$5
46 years$322$187$104$56$29$4
47 years$312$179$98$51$27$3
48 years$302$170$92$48$24$3
49 years$292$163$86$44$22$3
50 years$283$155$81$41$20$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $290,000, adding $5,109 every year, while hoping to spend $20,243 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: 68/14/18 Blend
34$290,000$290,000$290,000$290,000
35$324,850$309,480$304,985$345,183
36$336,446$303,106$293,664$353,035
37$348,547$295,741$281,284$358,774
38$361,182$287,316$267,791$364,553
39$374,384$277,756$253,123$370,372
40$388,188$266,983$237,220$376,237
41$402,632$254,914$220,015$382,151
42$417,757$241,461$201,442$388,119
43$433,607$226,532$181,430$394,149
44$450,232$210,028$159,904$400,248
45$467,682$191,846$136,788$406,425
46$486,015$171,877$112,000$412,693
47$505,294$150,003$85,457$419,066
48$525,584$126,104$57,070$425,558
49$546,960$100,049$26,748$432,190
50$569,500$71,702$0$438,983
51$593,293$40,919$0$447,040
52$618,432$7,547$0$460,865
53$645,020$0$0$475,369
54$673,171$0$0$495,013
55$703,008$0$0$517,075
56$734,666$0$0$540,491
57$768,290$0$0$565,372
58$804,044$0$0$591,838
59$842,101$0$0$620,020
60$882,656$0$0$650,063
61$925,920$0$0$682,125
62$972,123$0$0$716,379
63$1,021,519$0$0$753,014
64$1,074,386$0$0$792,237
65$1,131,029$0$0$834,278
66$1,191,782$0$0$879,386
67$1,257,011$0$0$927,835
68$1,327,119$0$0$979,926
69$1,402,548$0$0$1,035,991
70$1,483,783$0$0$1,096,391
71$1,571,355$0$0$1,161,527
72$1,665,852$0$0$1,231,835
73$1,767,915$0$0$1,307,798
74$1,878,251$0$0$1,389,943
75$1,997,636$0$0$1,478,854
76$2,126,925$0$0$1,575,167
77$2,267,055$0$0$1,679,587
78$2,419,059$0$0$1,792,887
79$2,584,072$0$0$1,915,915
80$2,763,341$0$0$2,049,607
81$2,958,240$0$0$2,194,990
82$3,170,279$0$0$2,353,198
83$3,401,121$0$0$2,525,473
84$3,652,594$0$0$2,713,186
85$3,926,710$0$0$2,917,845
86$4,225,686$0$0$3,141,108
87$4,551,958$0$0$3,384,802
88$4,908,211$0$0$3,650,936
89$5,297,398$0$0$3,941,724
90$5,722,771$0$0$4,259,602
91$6,187,911$0$0$4,607,252
92$6,696,760$0$0$4,987,626
93$7,253,659$0$0$5,403,978
94$7,863,386$0$0$5,859,888
95$8,531,207$0$0$6,359,298
96$9,262,916$0$0$6,906,552
97$10,064,898$0$0$7,506,432
98$10,944,183$0$0$8,164,205
99$11,908,513$0$0$8,885,672
100$12,966,418$0$0$9,677,224