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%11.1%
1 years$27,912$27,663$27,421$27,184$26,953$26,828
2 years$13,818$13,560$13,311$13,069$12,835$12,709
3 years$9,120$8,862$8,613$8,374$8,143$8,019
4 years$6,772$6,514$6,268$6,033$5,807$5,688
5 years$5,363$5,107$4,864$4,634$4,415$4,299
6 years$4,425$4,171$3,931$3,706$3,493$3,382
7 years$3,754$3,502$3,267$3,047$2,841$2,734
8 years$3,252$3,002$2,770$2,556$2,357$2,254
9 years$2,861$2,614$2,386$2,177$1,985$1,886
10 years$2,549$2,304$2,080$1,876$1,691$1,597
11 years$2,294$2,051$1,831$1,633$1,454$1,364
12 years$2,081$1,841$1,625$1,432$1,260$1,174
13 years$1,901$1,664$1,452$1,265$1,099$1,017
14 years$1,747$1,512$1,305$1,123$963$885
15 years$1,614$1,382$1,178$1,001$848$774
16 years$1,497$1,268$1,068$896$750$679
17 years$1,395$1,167$972$805$665$597
18 years$1,304$1,079$887$726$591$527
19 years$1,222$1,000$812$656$527$466
20 years$1,149$929$745$594$471$413
21 years$1,083$865$686$539$421$367
22 years$1,022$808$632$490$377$326
23 years$968$755$583$446$339$290
24 years$917$708$540$407$305$259
25 years$871$664$500$372$274$231
26 years$829$624$464$340$247$206
27 years$790$588$430$311$223$184
28 years$753$554$400$285$201$165
29 years$720$522$372$261$181$148
30 years$688$493$347$240$164$132
31 years$659$466$323$220$148$118
32 years$631$441$302$203$134$106
33 years$605$418$282$186$121$95
34 years$581$396$263$171$110$85
35 years$558$376$246$158$99$77
36 years$537$356$230$145$90$69
37 years$517$339$215$134$82$62
38 years$497$322$202$123$74$56
39 years$479$306$189$114$67$50
40 years$462$291$177$105$61$45
41 years$446$277$166$97$55$40
42 years$430$264$156$89$50$36
43 years$416$251$146$82$45$33
44 years$402$240$137$76$41$29
45 years$388$229$129$70$37$26
46 years$376$218$121$65$34$24
47 years$363$208$114$60$31$21
48 years$352$199$107$55$28$19
49 years$341$190$100$51$25$17
50 years$330$181$94$47$23$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $338,000, adding $6,809 every year, while hoping to spend $26,467 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: 59/33/8 Blend
34$338,000$338,000$338,000$338,000
35$379,499$361,585$356,346$400,821
36$390,048$351,142$340,123$405,503
37$400,785$339,301$322,470$406,995
38$411,702$325,964$303,310$407,965
39$422,789$311,029$282,564$408,363
40$434,034$294,390$260,150$408,138
41$445,421$275,930$235,981$407,232
42$456,933$255,531$209,966$405,587
43$468,552$233,063$182,011$403,136
44$480,253$208,392$152,017$399,811
45$492,011$181,376$119,882$395,537
46$503,796$151,863$85,498$390,232
47$515,573$119,694$48,752$383,811
48$527,304$84,701$9,528$376,181
49$538,945$46,707$0$367,240
50$550,445$5,524$0$359,641
51$561,748$0$0$351,557
52$572,792$0$0$356,238
53$583,506$0$0$362,694
54$593,810$0$0$368,867
55$603,614$0$0$374,699
56$612,819$0$0$380,125
57$621,314$0$0$385,071
58$628,974$0$0$389,456
59$635,660$0$0$393,189
60$641,217$0$0$396,170
61$645,475$0$0$398,284
62$648,240$0$0$399,409
63$649,301$0$0$399,403
64$648,421$0$0$398,114
65$645,336$0$0$395,369
66$639,757$0$0$390,979
67$631,360$0$0$384,732
68$619,785$0$0$376,395
69$604,637$0$0$365,709
70$585,476$0$0$352,387
71$561,814$0$0$336,112
72$533,111$0$0$316,531
73$498,772$0$0$293,257
74$458,135$0$0$265,858
75$410,472$0$0$233,860
76$354,972$0$0$196,735
77$290,745$0$0$153,903
78$216,804$0$0$104,721
79$132,056$0$0$48,478
80$35,299$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0