Can I retire at age 35 with 309,000?

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 $309,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$25,517$25,290$25,068$24,851$24,640$23,890
2 years$12,632$12,397$12,169$11,948$11,733$10,984
3 years$8,338$8,101$7,874$7,655$7,444$6,719
4 years$6,191$5,955$5,730$5,515$5,309$4,614
5 years$4,903$4,669$4,447$4,236$4,036$3,372
6 years$4,045$3,813$3,594$3,388$3,194$2,562
7 years$3,432$3,202$2,986$2,785$2,597$1,998
8 years$2,973$2,745$2,533$2,336$2,155$1,588
9 years$2,616$2,390$2,181$1,990$1,815$1,279
10 years$2,330$2,106$1,902$1,715$1,546$1,041
11 years$2,097$1,875$1,674$1,493$1,330$854
12 years$1,903$1,683$1,486$1,310$1,152$706
13 years$1,738$1,521$1,328$1,156$1,005$586
14 years$1,597$1,383$1,193$1,026$881$488
15 years$1,476$1,263$1,077$915$776$408
16 years$1,369$1,159$976$820$685$343
17 years$1,275$1,067$889$736$608$288
18 years$1,192$986$811$664$540$243
19 years$1,117$914$743$600$482$205
20 years$1,050$849$681$543$430$173
21 years$990$791$627$493$385$146
22 years$935$738$578$448$345$124
23 years$885$691$533$408$310$105
24 years$839$647$493$372$278$89
25 years$797$607$457$340$251$76
26 years$758$571$424$311$226$64
27 years$722$537$393$285$203$54
28 years$689$506$366$261$184$46
29 years$658$477$340$239$166$39
30 years$629$451$317$219$150$33
31 years$602$426$296$201$135$28
32 years$577$403$276$185$123$24
33 years$553$382$258$170$111$21
34 years$531$362$241$157$100$17
35 years$510$343$225$144$91$15
36 years$491$326$210$133$82$13
37 years$472$310$197$122$75$11
38 years$455$294$184$113$68$9
39 years$438$280$173$104$61$8
40 years$422$266$162$96$56$7
41 years$408$253$152$89$51$6
42 years$393$241$142$82$46$5
43 years$380$230$134$75$42$4
44 years$367$219$125$70$38$3
45 years$355$209$118$64$34$3
46 years$343$199$111$59$31$3
47 years$332$190$104$55$28$2
48 years$322$182$98$51$26$2
49 years$311$173$92$47$23$2
50 years$302$166$86$43$21$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $309,000, adding $3,030 every year, while hoping to spend $21,176 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: 43/34/23 Blend
34$309,000$309,000$309,000$309,000
35$343,643$327,266$322,477$356,003
36$356,164$320,771$310,749$358,582
37$369,252$313,248$297,918$359,099
38$382,943$304,625$283,925$359,235
39$397,275$294,823$268,709$358,965
40$412,290$283,763$252,204$358,265
41$428,033$271,356$234,342$357,109
42$444,553$257,514$215,053$355,471
43$461,903$242,138$194,263$353,326
44$480,141$225,126$171,895$350,644
45$499,330$206,372$147,868$347,398
46$519,538$185,761$122,098$343,561
47$540,840$163,171$94,497$339,103
48$563,315$138,477$64,972$333,996
49$587,054$111,543$33,429$328,211
50$612,152$82,226$0$321,719
51$638,714$50,378$0$314,548
52$666,855$15,839$0$315,373
53$696,701$0$0$315,980
54$728,389$0$0$324,437
55$762,068$0$0$339,744
56$797,904$0$0$356,052
57$836,075$0$0$373,445
58$876,778$0$0$392,016
59$920,228$0$0$411,867
60$966,663$0$0$433,109
61$1,016,339$0$0$455,862
62$1,069,542$0$0$480,262
63$1,126,581$0$0$506,454
64$1,187,799$0$0$534,600
65$1,253,570$0$0$564,877
66$1,324,305$0$0$597,477
67$1,400,455$0$0$632,615
68$1,482,516$0$0$670,524
69$1,571,033$0$0$711,461
70$1,666,603$0$0$755,709
71$1,769,885$0$0$803,578
72$1,881,599$0$0$855,409
73$2,002,541$0$0$911,578
74$2,133,583$0$0$972,497
75$2,275,685$0$0$1,038,620
76$2,429,902$0$0$1,110,446
77$2,597,396$0$0$1,188,523
78$2,779,443$0$0$1,273,456
79$2,977,447$0$0$1,365,909
80$3,192,955$0$0$1,466,612
81$3,427,666$0$0$1,576,371
82$3,683,453$0$0$1,696,070
83$3,962,374$0$0$1,826,685
84$4,266,696$0$0$1,969,286
85$4,598,913$0$0$2,125,056
86$4,961,773$0$0$2,295,294
87$5,358,299$0$0$2,481,431
88$5,791,818$0$0$2,685,043
89$6,265,996$0$0$2,907,864
90$6,784,868$0$0$3,151,804
91$7,352,876$0$0$3,418,967
92$7,974,914$0$0$3,711,670
93$8,656,369$0$0$4,032,464
94$9,403,175$0$0$4,384,158
95$10,221,866$0$0$4,769,847
96$11,119,641$0$0$5,192,938
97$12,104,425$0$0$5,657,188
98$13,184,951$0$0$6,166,729
99$14,370,835$0$0$6,726,118
100$15,672,672$0$0$7,340,372