Can I retire at age 35 with 309,000?

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 $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%17.8%
1 years$25,517$25,290$25,068$24,851$24,640$23,861
2 years$12,632$12,397$12,169$11,948$11,733$10,955
3 years$8,338$8,101$7,874$7,655$7,444$6,692
4 years$6,191$5,955$5,730$5,515$5,309$4,588
5 years$4,903$4,669$4,447$4,236$4,036$3,348
6 years$4,045$3,813$3,594$3,388$3,194$2,540
7 years$3,432$3,202$2,986$2,785$2,597$1,977
8 years$2,973$2,745$2,533$2,336$2,155$1,568
9 years$2,616$2,390$2,181$1,990$1,815$1,261
10 years$2,330$2,106$1,902$1,715$1,546$1,024
11 years$2,097$1,875$1,674$1,493$1,330$839
12 years$1,903$1,683$1,486$1,310$1,152$692
13 years$1,738$1,521$1,328$1,156$1,005$573
14 years$1,597$1,383$1,193$1,026$881$477
15 years$1,476$1,263$1,077$915$776$398
16 years$1,369$1,159$976$820$685$333
17 years$1,275$1,067$889$736$608$279
18 years$1,192$986$811$664$540$235
19 years$1,117$914$743$600$482$198
20 years$1,050$849$681$543$430$167
21 years$990$791$627$493$385$141
22 years$935$738$578$448$345$119
23 years$885$691$533$408$310$100
24 years$839$647$493$372$278$85
25 years$797$607$457$340$251$72
26 years$758$571$424$311$226$61
27 years$722$537$393$285$203$52
28 years$689$506$366$261$184$44
29 years$658$477$340$239$166$37
30 years$629$451$317$219$150$31
31 years$602$426$296$201$135$27
32 years$577$403$276$185$123$23
33 years$553$382$258$170$111$19
34 years$531$362$241$157$100$16
35 years$510$343$225$144$91$14
36 years$491$326$210$133$82$12
37 years$472$310$197$122$75$10
38 years$455$294$184$113$68$8
39 years$438$280$173$104$61$7
40 years$422$266$162$96$56$6
41 years$408$253$152$89$51$5
42 years$393$241$142$82$46$4
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$2
47 years$332$190$104$55$28$2
48 years$322$182$98$51$26$2
49 years$311$173$92$47$23$1
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 $4,699 every year, while hoping to spend $20,823 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: 50/32/18 Blend
34$309,000$309,000$309,000$309,000
35$345,365$328,988$324,199$360,689
36$358,437$322,953$312,904$365,728
37$372,144$315,924$300,533$368,670
38$386,529$307,831$287,027$371,420
39$401,639$298,599$272,327$373,966
40$417,525$288,149$256,368$376,298
41$434,240$276,396$239,084$378,405
42$451,846$263,253$220,407$380,279
43$470,407$248,625$200,263$381,909
44$489,994$232,413$178,577$383,288
45$510,684$214,512$155,270$384,409
46$532,562$194,811$130,260$385,265
47$555,721$173,194$103,461$385,852
48$580,259$149,535$74,782$386,168
49$606,288$123,705$44,129$386,210
50$633,927$95,564$11,406$385,982
51$663,309$64,968$0$385,487
52$694,576$31,761$0$389,249
53$727,885$0$0$395,395
54$763,410$0$0$403,254
55$801,339$0$0$423,605
56$841,879$0$0$445,378
57$885,256$0$0$468,696
58$931,718$0$0$493,696
59$981,539$0$0$520,527
60$1,035,018$0$0$549,354
61$1,092,482$0$0$580,358
62$1,154,293$0$0$613,735
63$1,220,845$0$0$649,703
64$1,292,572$0$0$688,501
65$1,369,953$0$0$730,391
66$1,453,511$0$0$775,661
67$1,543,823$0$0$824,628
68$1,641,521$0$0$877,640
69$1,747,301$0$0$935,080
70$1,861,929$0$0$997,368
71$1,986,246$0$0$1,064,967
72$2,121,176$0$0$1,138,386
73$2,267,738$0$0$1,218,185
74$2,427,051$0$0$1,304,979
75$2,600,346$0$0$1,399,446
76$2,788,977$0$0$1,502,331
77$2,994,436$0$0$1,614,455
78$3,218,362$0$0$1,736,721
79$3,462,562$0$0$1,870,122
80$3,729,021$0$0$2,015,753
81$4,019,928$0$0$2,174,816
82$4,337,689$0$0$2,348,637
83$4,684,956$0$0$2,538,676
84$5,064,645$0$0$2,746,539
85$5,479,971$0$0$2,973,994
86$5,934,469$0$0$3,222,991
87$6,432,036$0$0$3,495,673
88$6,976,961$0$0$3,794,402
89$7,573,967$0$0$4,121,781
90$8,228,257$0$0$4,480,673
91$8,945,558$0$0$4,874,234
92$9,732,183$0$0$5,305,938
93$10,595,079$0$0$5,779,615
94$11,541,903$0$0$6,299,479
95$12,581,086$0$0$6,870,175
96$13,721,915$0$0$7,496,819
97$14,974,623$0$0$8,185,046
98$16,350,478$0$0$8,941,065
99$17,861,896$0$0$9,771,712
100$19,522,555$0$0$10,684,524