Can I retire at age 35 with 338,000?

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 $338,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$27,912$27,663$27,421$27,184$26,953$26,627
2 years$13,818$13,560$13,311$13,069$12,835$12,507
3 years$9,120$8,862$8,613$8,374$8,143$7,823
4 years$6,772$6,514$6,268$6,033$5,807$5,498
5 years$5,363$5,107$4,864$4,634$4,415$4,117
6 years$4,425$4,171$3,931$3,706$3,493$3,207
7 years$3,754$3,502$3,267$3,047$2,841$2,567
8 years$3,252$3,002$2,770$2,556$2,357$2,095
9 years$2,861$2,614$2,386$2,177$1,985$1,735
10 years$2,549$2,304$2,080$1,876$1,691$1,453
11 years$2,294$2,051$1,831$1,633$1,454$1,227
12 years$2,081$1,841$1,625$1,432$1,260$1,044
13 years$1,901$1,664$1,452$1,265$1,099$894
14 years$1,747$1,512$1,305$1,123$963$769
15 years$1,614$1,382$1,178$1,001$848$664
16 years$1,497$1,268$1,068$896$750$576
17 years$1,395$1,167$972$805$665$500
18 years$1,304$1,079$887$726$591$436
19 years$1,222$1,000$812$656$527$380
20 years$1,149$929$745$594$471$333
21 years$1,083$865$686$539$421$292
22 years$1,022$808$632$490$377$256
23 years$968$755$583$446$339$225
24 years$917$708$540$407$305$197
25 years$871$664$500$372$274$174
26 years$829$624$464$340$247$153
27 years$790$588$430$311$223$135
28 years$753$554$400$285$201$119
29 years$720$522$372$261$181$105
30 years$688$493$347$240$164$93
31 years$659$466$323$220$148$82
32 years$631$441$302$203$134$72
33 years$605$418$282$186$121$64
34 years$581$396$263$171$110$56
35 years$558$376$246$158$99$50
36 years$537$356$230$145$90$44
37 years$517$339$215$134$82$39
38 years$497$322$202$123$74$35
39 years$479$306$189$114$67$31
40 years$462$291$177$105$61$27
41 years$446$277$166$97$55$24
42 years$430$264$156$89$50$21
43 years$416$251$146$82$45$19
44 years$402$240$137$76$41$17
45 years$388$229$129$70$37$15
46 years$376$218$121$65$34$13
47 years$363$208$114$60$31$12
48 years$352$199$107$55$28$10
49 years$341$190$100$51$25$9
50 years$330$181$94$47$23$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $338,000, adding $6,085 every year, while hoping to spend $25,086 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: 77/15/8 Blend
34$338,000$338,000$338,000$338,000
35$378,753$360,839$355,600$407,010
36$390,694$351,828$340,821$417,423
37$403,013$341,536$324,706$424,998
38$415,721$329,872$307,185$432,574
39$428,830$316,742$288,181$440,140
40$442,354$302,045$267,619$447,685
41$456,306$285,677$245,416$455,197
42$470,699$267,525$221,487$462,662
43$485,547$247,471$195,743$470,067
44$500,865$225,389$168,093$477,397
45$516,668$201,148$138,439$484,636
46$532,972$174,607$106,680$491,766
47$549,792$145,620$72,711$498,770
48$567,145$114,029$36,421$505,629
49$585,048$79,671$0$512,320
50$603,519$42,371$0$519,020
51$622,576$1,945$0$528,837
52$642,238$0$0$538,645
53$662,524$0$0$555,329
54$683,456$0$0$572,874
55$705,052$0$0$590,978
56$727,337$0$0$609,657
57$750,330$0$0$628,931
58$774,057$0$0$648,820
59$798,540$0$0$669,343
60$823,805$0$0$690,521
61$849,877$0$0$712,376
62$876,782$0$0$734,930
63$904,549$0$0$758,206
64$933,205$0$0$782,228
65$962,781$0$0$807,021
66$993,307$0$0$832,610
67$1,024,814$0$0$859,023
68$1,057,337$0$0$886,286
69$1,090,908$0$0$914,429
70$1,125,564$0$0$943,481
71$1,161,341$0$0$973,474
72$1,198,278$0$0$1,004,440
73$1,236,415$0$0$1,036,412
74$1,275,793$0$0$1,069,424
75$1,316,456$0$0$1,103,514
76$1,358,447$0$0$1,138,719
77$1,401,815$0$0$1,175,078
78$1,446,608$0$0$1,212,633
79$1,492,877$0$0$1,251,425
80$1,540,674$0$0$1,291,500
81$1,590,056$0$0$1,332,904
82$1,641,080$0$0$1,375,686
83$1,693,807$0$0$1,419,896
84$1,748,301$0$0$1,465,589
85$1,804,627$0$0$1,512,820
86$1,862,855$0$0$1,561,647
87$1,923,058$0$0$1,612,131
88$1,985,314$0$0$1,664,338
89$2,049,701$0$0$1,718,334
90$2,116,305$0$0$1,774,192
91$2,185,216$0$0$1,831,986
92$2,256,526$0$0$1,891,794
93$2,330,335$0$0$1,953,701
94$2,406,748$0$0$2,017,794
95$2,485,874$0$0$2,084,166
96$2,567,830$0$0$2,152,916
97$2,652,741$0$0$2,224,147
98$2,740,737$0$0$2,297,971
99$2,831,957$0$0$2,374,503
100$2,926,548$0$0$2,453,870