Can I retire at age 35 with 310,000?

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 $310,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$25,600$25,371$25,149$24,932$24,720$23,777
2 years$12,673$12,437$12,208$11,986$11,771$10,832
3 years$8,365$8,128$7,900$7,680$7,468$6,563
4 years$6,211$5,975$5,749$5,533$5,326$4,461
5 years$4,919$4,684$4,461$4,250$4,049$3,227
6 years$4,058$3,825$3,605$3,399$3,204$2,425
7 years$3,443$3,212$2,996$2,794$2,606$1,870
8 years$2,983$2,754$2,541$2,344$2,162$1,468
9 years$2,624$2,397$2,189$1,997$1,820$1,168
10 years$2,338$2,113$1,908$1,721$1,551$939
11 years$2,104$1,881$1,680$1,498$1,334$761
12 years$1,909$1,689$1,491$1,314$1,156$620
13 years$1,744$1,526$1,332$1,160$1,008$508
14 years$1,603$1,387$1,197$1,030$884$417
15 years$1,480$1,267$1,080$918$778$344
16 years$1,373$1,163$980$822$688$285
17 years$1,279$1,071$891$739$610$236
18 years$1,196$989$814$666$542$196
19 years$1,121$917$745$602$483$163
20 years$1,054$852$684$545$432$135
21 years$993$794$629$494$386$113
22 years$938$741$580$450$346$94
23 years$887$693$535$409$311$78
24 years$841$649$495$373$279$65
25 years$799$609$458$341$251$55
26 years$760$573$425$312$226$46
27 years$724$539$395$285$204$38
28 years$691$508$367$262$184$32
29 years$660$479$342$240$166$27
30 years$631$452$318$220$150$22
31 years$604$428$297$202$136$19
32 years$579$405$277$186$123$16
33 years$555$383$258$171$111$13
34 years$533$363$241$157$101$11
35 years$512$344$226$145$91$9
36 years$492$327$211$133$83$8
37 years$474$311$198$123$75$6
38 years$456$295$185$113$68$5
39 years$440$281$173$104$62$4
40 years$424$267$163$96$56$4
41 years$409$254$152$89$51$3
42 years$395$242$143$82$46$3
43 years$381$231$134$76$42$2
44 years$368$220$126$70$38$2
45 years$356$210$118$65$34$2
46 years$344$200$111$60$31$1
47 years$333$191$104$55$28$1
48 years$323$182$98$51$26$1
49 years$312$174$92$47$23$1
50 years$303$166$87$43$21$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $310,000, adding $5,078 every year, while hoping to spend $20,605 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: 41/40/19 Blend
34$310,000$310,000$310,000$310,000
35$346,858$330,428$325,623$358,951
36$360,314$324,695$314,608$362,303
37$374,452$317,991$302,533$363,554
38$389,319$310,246$289,341$364,479
39$404,969$301,387$274,973$365,061
40$421,456$291,336$259,365$365,280
41$438,844$280,010$242,453$365,115
42$457,198$267,323$224,168$364,549
43$476,593$253,183$204,438$363,561
44$497,109$237,492$183,190$362,132
45$518,831$220,146$160,344$360,242
46$541,857$201,038$135,820$357,874
47$566,289$180,052$109,533$355,009
48$592,242$157,066$81,394$351,631
49$619,840$131,952$51,310$347,723
50$649,220$104,574$19,185$343,271
51$680,531$74,788$0$338,263
52$713,935$42,443$0$335,749
53$749,613$7,379$0$337,010
54$787,759$0$0$338,170
55$828,590$0$0$352,709
56$872,340$0$0$371,794
57$919,269$0$0$392,293
58$969,660$0$0$414,335
59$1,023,824$0$0$438,058
60$1,082,104$0$0$463,618
61$1,144,875$0$0$491,182
62$1,212,549$0$0$520,936
63$1,285,579$0$0$553,085
64$1,364,462$0$0$587,851
65$1,449,746$0$0$625,482
66$1,542,031$0$0$666,248
67$1,641,979$0$0$710,446
68$1,750,314$0$0$758,404
69$1,867,837$0$0$810,482
70$1,995,425$0$0$867,076
71$2,134,045$0$0$928,620
72$2,284,760$0$0$995,595
73$2,448,738$0$0$1,068,528
74$2,627,267$0$0$1,147,998
75$2,821,761$0$0$1,234,644
76$3,033,778$0$0$1,329,169
77$3,265,034$0$0$1,432,346
78$3,517,415$0$0$1,545,026
79$3,792,998$0$0$1,668,147
80$4,094,070$0$0$1,802,741
81$4,423,148$0$0$1,949,943
82$4,783,004$0$0$2,111,005
83$5,176,689$0$0$2,287,303
84$5,607,563$0$0$2,480,354
85$6,079,326$0$0$2,691,829
86$6,596,052$0$0$2,923,566
87$7,162,229$0$0$3,177,591
88$7,782,797$0$0$3,456,135
89$8,463,198$0$0$3,761,655
90$9,209,427$0$0$4,096,857
91$10,028,086$0$0$4,464,723
92$10,926,445$0$0$4,868,535
93$11,912,515$0$0$5,311,911
94$12,995,119$0$0$5,798,836
95$14,183,976$0$0$6,333,697
96$15,489,791$0$0$6,921,332
97$16,924,360$0$0$7,567,065
98$18,500,675$0$0$8,276,765
99$20,233,050$0$0$9,056,897
100$22,137,255$0$0$9,914,583