Can I retire at age 35 with 292,000?

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 $292,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$24,113$23,898$23,689$23,484$23,284$22,467
2 years$11,937$11,715$11,499$11,290$11,088$10,273
3 years$7,879$7,656$7,441$7,234$7,035$6,248
4 years$5,850$5,628$5,415$5,212$5,017$4,265
5 years$4,634$4,412$4,202$4,003$3,814$3,097
6 years$3,823$3,603$3,396$3,201$3,018$2,338
7 years$3,243$3,026$2,822$2,632$2,454$1,811
8 years$2,809$2,594$2,393$2,208$2,036$1,429
9 years$2,472$2,258$2,061$1,881$1,715$1,142
10 years$2,202$1,991$1,797$1,621$1,461$923
11 years$1,982$1,772$1,582$1,411$1,257$751
12 years$1,798$1,590$1,404$1,238$1,089$616
13 years$1,643$1,437$1,255$1,093$950$507
14 years$1,510$1,306$1,127$970$832$419
15 years$1,394$1,194$1,018$865$733$348
16 years$1,294$1,095$923$774$648$289
17 years$1,205$1,008$840$696$574$241
18 years$1,126$932$766$627$511$201
19 years$1,056$864$702$567$455$168
20 years$992$803$644$513$407$141
21 years$935$748$592$466$364$118
22 years$883$698$546$423$326$99
23 years$836$653$504$386$293$83
24 years$793$611$466$352$263$70
25 years$753$574$432$321$237$59
26 years$716$539$400$294$213$49
27 years$682$508$372$269$192$41
28 years$651$478$346$246$173$35
29 years$622$451$322$226$157$29
30 years$594$426$300$207$142$25
31 years$569$403$279$190$128$21
32 years$545$381$261$175$116$17
33 years$523$361$243$161$105$15
34 years$502$342$227$148$95$12
35 years$482$324$213$136$86$10
36 years$464$308$199$126$78$9
37 years$446$293$186$116$71$7
38 years$430$278$174$107$64$6
39 years$414$264$163$98$58$5
40 years$399$251$153$91$53$4
41 years$385$239$144$84$48$4
42 years$372$228$135$77$43$3
43 years$359$217$126$71$39$3
44 years$347$207$119$66$36$2
45 years$335$197$111$61$32$2
46 years$324$188$105$56$29$2
47 years$314$180$98$52$27$1
48 years$304$172$92$48$24$1
49 years$294$164$87$44$22$1
50 years$285$157$82$41$20$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $292,000, adding $6,732 every year, while hoping to spend $20,197 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: 48/47/5 Blend
34$292,000$292,000$292,000$292,000
35$328,728$313,252$308,726$343,769
36$340,769$307,112$297,579$348,629
37$353,361$299,994$285,381$351,200
38$366,539$291,829$272,077$353,509
39$380,341$282,544$257,607$355,537
40$394,808$272,061$241,909$357,265
41$409,985$260,298$224,919$358,671
42$425,919$247,168$206,569$359,736
43$442,662$232,579$186,789$360,438
44$460,273$216,434$165,506$360,756
45$478,812$198,631$142,642$360,667
46$498,348$179,061$118,117$360,151
47$518,953$157,608$91,847$359,184
48$540,707$134,153$63,745$357,745
49$563,699$108,565$33,720$355,812
50$588,022$80,711$1,676$353,364
51$613,782$50,447$0$350,380
52$641,091$17,623$0$348,576
53$670,074$0$0$346,407
54$700,866$0$0$353,040
55$733,616$0$0$369,806
56$768,486$0$0$387,676
57$805,655$0$0$406,744
58$845,316$0$0$427,112
59$887,683$0$0$448,892
60$932,991$0$0$472,207
61$981,495$0$0$497,192
62$1,033,476$0$0$523,996
63$1,089,243$0$0$552,780
64$1,149,135$0$0$583,724
65$1,213,523$0$0$617,023
66$1,282,814$0$0$652,891
67$1,357,456$0$0$691,565
68$1,437,942$0$0$733,305
69$1,524,811$0$0$778,395
70$1,618,656$0$0$827,148
71$1,720,131$0$0$879,909
72$1,829,952$0$0$937,056
73$1,948,908$0$0$999,005
74$2,077,864$0$0$1,066,213
75$2,217,774$0$0$1,139,184
76$2,369,686$0$0$1,218,470
77$2,534,752$0$0$1,304,681
78$2,714,242$0$0$1,398,487
79$2,909,548$0$0$1,500,623
80$3,122,208$0$0$1,611,902
81$3,353,908$0$0$1,733,214
82$3,606,510$0$0$1,865,543
83$3,882,057$0$0$2,009,968
84$4,182,803$0$0$2,167,681
85$4,511,225$0$0$2,339,990
86$4,870,051$0$0$2,528,338
87$5,262,287$0$0$2,734,311
88$5,691,239$0$0$2,959,659
89$6,160,548$0$0$3,206,305
90$6,674,223$0$0$3,476,369
91$7,236,681$0$0$3,772,185
92$7,852,782$0$0$4,096,322
93$8,527,882$0$0$4,451,612
94$9,267,876$0$0$4,841,171
95$10,079,260$0$0$5,268,434
96$10,969,185$0$0$5,737,182
97$11,945,531$0$0$6,251,580
98$13,016,975$0$0$6,816,216
99$14,193,076$0$0$7,436,145
100$15,484,362$0$0$8,116,934