Can I retire at age 35 with 300,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$24,774$24,553$24,338$24,128$23,922$23,037
2 years$12,264$12,036$11,814$11,600$11,392$10,510
3 years$8,095$7,866$7,645$7,432$7,227$6,376
4 years$6,011$5,782$5,563$5,354$5,155$4,341
5 years$4,760$4,533$4,317$4,113$3,918$3,145
6 years$3,927$3,702$3,489$3,289$3,101$2,367
7 years$3,332$3,109$2,899$2,704$2,522$1,828
8 years$2,886$2,665$2,459$2,268$2,092$1,438
9 years$2,540$2,320$2,118$1,932$1,762$1,146
10 years$2,262$2,045$1,846$1,666$1,501$923
11 years$2,036$1,821$1,626$1,449$1,291$749
12 years$1,847$1,634$1,443$1,271$1,119$612
13 years$1,688$1,477$1,289$1,122$976$502
14 years$1,551$1,342$1,158$996$855$414
15 years$1,433$1,226$1,046$889$753$342
16 years$1,329$1,125$948$796$665$283
17 years$1,238$1,036$863$715$590$235
18 years$1,157$957$787$644$525$196
19 years$1,085$887$721$582$468$163
20 years$1,020$825$662$527$418$136
21 years$961$768$609$479$374$113
22 years$907$717$561$435$335$95
23 years$859$671$518$396$301$79
24 years$814$628$479$361$270$66
25 years$773$590$444$330$243$55
26 years$736$554$411$302$219$46
27 years$701$521$382$276$198$39
28 years$669$491$355$253$178$33
29 years$639$464$330$232$161$27
30 years$611$438$308$213$145$23
31 years$585$414$287$196$131$19
32 years$560$392$268$180$119$16
33 years$537$371$250$165$108$13
34 years$516$351$234$152$97$11
35 years$496$333$218$140$88$9
36 years$476$316$204$129$80$8
37 years$458$301$191$119$72$7
38 years$441$286$179$110$66$6
39 years$425$272$168$101$60$5
40 years$410$258$157$93$54$4
41 years$396$246$147$86$49$3
42 years$382$234$138$79$44$3
43 years$369$223$130$73$40$2
44 years$356$213$122$68$37$2
45 years$345$203$114$62$33$2
46 years$333$194$107$58$30$1
47 years$323$185$101$53$27$1
48 years$312$176$95$49$25$1
49 years$302$168$89$45$23$1
50 years$293$161$84$42$21$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $300,000, adding $2,507 every year, while hoping to spend $22,445 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: 63/22/15 Blend
34$300,000$300,000$300,000$300,000
35$333,186$317,286$312,636$352,800
36$343,290$308,952$299,228$357,932
37$353,672$299,457$284,619$360,744
38$364,337$288,721$268,744$363,272
39$375,289$276,658$251,537$365,488
40$386,533$263,179$232,928$367,365
41$398,072$248,187$212,844$368,871
42$409,910$231,583$191,208$369,974
43$422,049$213,259$167,942$370,638
44$434,492$193,102$142,962$370,827
45$447,239$170,994$116,180$370,501
46$460,293$146,807$87,508$369,616
47$473,652$120,410$56,848$368,128
48$487,315$91,661$24,104$365,988
49$501,281$60,412$0$363,144
50$515,546$26,507$0$361,277
51$530,104$0$0$362,821
52$544,950$0$0$366,344
53$560,074$0$0$376,466
54$575,466$0$0$386,763
55$591,113$0$0$397,224
56$607,001$0$0$407,840
57$623,110$0$0$418,596
58$639,419$0$0$429,478
59$655,904$0$0$440,467
60$672,535$0$0$451,544
61$689,279$0$0$462,685
62$706,097$0$0$473,861
63$722,946$0$0$485,044
64$739,775$0$0$496,196
65$756,529$0$0$507,279
66$773,142$0$0$518,248
67$789,542$0$0$529,051
68$805,647$0$0$539,630
69$821,366$0$0$549,923
70$836,594$0$0$559,855
71$851,217$0$0$569,347
72$865,104$0$0$578,307
73$878,109$0$0$586,634
74$890,071$0$0$594,214
75$900,809$0$0$600,922
76$910,121$0$0$606,615
77$917,781$0$0$611,138
78$923,540$0$0$614,316
79$927,119$0$0$615,955
80$928,208$0$0$615,838
81$926,464$0$0$613,727
82$921,505$0$0$609,355
83$912,906$0$0$602,428
84$900,200$0$0$592,618
85$882,863$0$0$579,563
86$860,320$0$0$562,861
87$831,931$0$0$542,067
88$796,987$0$0$516,689
89$754,706$0$0$486,181
90$704,219$0$0$449,940
91$644,568$0$0$407,298
92$574,690$0$0$357,519
93$493,413$0$0$299,785
94$399,439$0$0$233,195
95$291,334$0$0$156,753
96$167,513$0$0$69,355
97$26,226$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0