Can I retire at age 35 with 302,000?

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 $302,000?

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%
1 years$24,939$24,717$24,500$24,288$24,082$23,481
2 years$12,346$12,116$11,893$11,677$11,468$10,866
3 years$8,149$7,918$7,696$7,482$7,275$6,692
4 years$6,051$5,821$5,600$5,390$5,189$4,628
5 years$4,792$4,563$4,346$4,140$3,945$3,408
6 years$3,953$3,726$3,512$3,311$3,121$2,609
7 years$3,355$3,129$2,919$2,722$2,538$2,051
8 years$2,906$2,682$2,475$2,283$2,106$1,643
9 years$2,557$2,336$2,132$1,945$1,773$1,335
10 years$2,278$2,059$1,859$1,677$1,511$1,096
11 years$2,049$1,833$1,636$1,459$1,300$907
12 years$1,859$1,645$1,452$1,280$1,126$756
13 years$1,699$1,487$1,298$1,130$982$634
14 years$1,561$1,351$1,166$1,003$861$534
15 years$1,442$1,234$1,053$895$758$451
16 years$1,338$1,133$954$801$670$382
17 years$1,246$1,043$868$720$594$324
18 years$1,165$964$793$649$528$276
19 years$1,092$893$726$586$471$235
20 years$1,026$830$666$531$420$201
21 years$967$773$613$482$376$172
22 years$914$722$565$438$337$147
23 years$865$675$521$399$303$126
24 years$820$632$482$364$272$108
25 years$779$593$447$332$245$93
26 years$741$558$414$304$221$80
27 years$706$525$385$278$199$68
28 years$673$495$358$255$179$59
29 years$643$467$333$234$162$50
30 years$615$441$310$214$146$43
31 years$588$417$289$197$132$37
32 years$564$394$270$181$120$32
33 years$541$373$252$166$108$28
34 years$519$354$235$153$98$24
35 years$499$336$220$141$89$20
36 years$480$319$206$130$81$18
37 years$462$303$193$120$73$15
38 years$444$288$180$110$66$13
39 years$428$273$169$102$60$11
40 years$413$260$158$94$54$10
41 years$398$248$148$87$49$8
42 years$384$236$139$80$45$7
43 years$371$225$131$74$41$6
44 years$359$214$123$68$37$5
45 years$347$204$115$63$33$5
46 years$336$195$108$58$30$4
47 years$325$186$102$54$28$3
48 years$314$177$95$50$25$3
49 years$304$169$90$46$23$3
50 years$295$162$84$42$21$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $302,000, adding $5,204 every year, while hoping to spend $21,172 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: 54/24/22 Blend
34$302,000$302,000$302,000$302,000
35$338,172$322,166$317,485$354,136
36$350,139$315,425$305,594$358,927
37$362,616$307,645$292,595$361,490
38$375,635$298,751$278,428$363,831
39$389,226$288,666$263,032$365,936
40$403,425$277,309$246,342$367,789
41$418,269$264,591$228,289$369,375
42$433,798$250,422$208,802$370,680
43$450,057$234,704$187,808$371,688
44$467,092$217,334$165,229$372,384
45$484,956$198,203$140,985$372,753
46$503,703$177,197$114,990$372,780
47$523,395$154,195$87,156$372,450
48$544,098$129,066$57,392$371,750
49$565,883$101,677$25,602$370,667
50$588,827$71,884$0$369,187
51$613,017$39,536$0$369,254
52$638,544$4,473$0$375,444
53$665,510$0$0$381,759
54$694,023$0$0$397,058
55$724,205$0$0$414,517
56$756,187$0$0$433,031
57$790,111$0$0$452,684
58$826,134$0$0$473,569
59$864,428$0$0$495,789
60$905,180$0$0$519,453
61$948,594$0$0$544,683
62$994,896$0$0$571,613
63$1,044,332$0$0$600,387
64$1,097,170$0$0$631,167
65$1,153,707$0$0$664,126
66$1,214,267$0$0$699,458
67$1,279,204$0$0$737,372
68$1,348,910$0$0$778,101
69$1,423,810$0$0$821,897
70$1,504,376$0$0$869,041
71$1,591,123$0$0$919,837
72$1,684,617$0$0$974,623
73$1,785,480$0$0$1,033,767
74$1,894,395$0$0$1,097,675
75$2,012,114$0$0$1,166,794
76$2,139,462$0$0$1,241,613
77$2,277,346$0$0$1,322,671
78$2,426,763$0$0$1,410,562
79$2,588,810$0$0$1,505,936
80$2,764,694$0$0$1,609,510
81$2,955,740$0$0$1,722,073
82$3,163,408$0$0$1,844,492
83$3,389,302$0$0$1,977,721
84$3,635,190$0$0$2,122,809
85$3,903,013$0$0$2,280,912
86$4,194,911$0$0$2,453,302
87$4,513,237$0$0$2,641,376
88$4,860,582$0$0$2,846,677
89$5,239,796$0$0$3,070,898
90$5,654,018$0$0$3,315,907
91$6,106,703$0$0$3,583,757
92$6,601,655$0$0$3,876,711
93$7,143,063$0$0$4,197,260
94$7,735,537$0$0$4,548,147
95$8,384,156$0$0$4,932,391
96$9,094,512$0$0$5,353,318
97$9,872,761$0$0$5,814,591
98$10,725,686$0$0$6,320,245
99$11,660,756$0$0$6,874,720
100$12,686,195$0$0$7,482,911