Can I retire at age 35 with 341,000?

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 $341,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$28,159$27,909$27,664$27,425$27,192$26,930
2 years$13,940$13,681$13,429$13,185$12,948$12,685
3 years$9,201$8,940$8,690$8,448$8,215$7,958
4 years$6,832$6,572$6,324$6,086$5,859$5,610
5 years$5,411$5,153$4,907$4,675$4,454$4,214
6 years$4,464$4,208$3,966$3,738$3,524$3,293
7 years$3,788$3,534$3,296$3,074$2,866$2,645
8 years$3,281$3,029$2,795$2,578$2,378$2,166
9 years$2,887$2,637$2,407$2,196$2,002$1,800
10 years$2,572$2,325$2,099$1,893$1,706$1,512
11 years$2,314$2,069$1,848$1,648$1,467$1,283
12 years$2,100$1,857$1,640$1,445$1,272$1,096
13 years$1,918$1,679$1,465$1,276$1,109$942
14 years$1,763$1,526$1,316$1,133$972$813
15 years$1,628$1,394$1,189$1,010$856$705
16 years$1,511$1,279$1,078$904$756$614
17 years$1,407$1,178$981$813$671$536
18 years$1,315$1,088$895$732$596$469
19 years$1,233$1,009$819$662$532$411
20 years$1,159$937$752$599$475$361
21 years$1,092$873$692$544$425$318
22 years$1,032$815$638$495$381$280
23 years$976$762$589$450$342$247
24 years$926$714$544$411$307$218
25 years$879$670$504$375$276$193
26 years$836$630$468$343$249$171
27 years$797$593$434$314$225$151
28 years$760$559$404$288$203$134
29 years$726$527$376$264$183$119
30 years$694$498$350$242$165$105
31 years$664$470$326$222$149$93
32 years$637$445$304$204$135$83
33 years$611$422$284$188$122$74
34 years$586$400$266$173$111$65
35 years$563$379$248$159$100$58
36 years$542$360$232$147$91$52
37 years$521$342$217$135$82$46
38 years$502$325$204$124$75$41
39 years$484$309$191$115$68$36
40 years$466$294$179$106$61$32
41 years$450$280$168$98$56$29
42 years$434$266$157$90$51$26
43 years$419$254$148$83$46$23
44 years$405$242$138$77$42$20
45 years$392$231$130$71$38$18
46 years$379$220$122$66$34$16
47 years$367$210$115$61$31$14
48 years$355$200$108$56$28$13
49 years$344$191$101$52$26$11
50 years$333$183$95$48$23$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $341,000, adding $3,573 every year, while hoping to spend $26,957 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: 73/9/18 Blend
34$341,000$341,000$341,000$341,000
35$379,468$361,395$356,109$405,320
36$389,491$350,421$339,357$411,979
37$399,634$338,006$321,140$415,654
38$409,879$324,051$301,380$418,982
39$420,208$308,450$279,998$421,922
40$430,599$291,094$256,907$424,431
41$441,027$271,865$232,021$426,461
42$451,463$250,638$205,245$427,962
43$461,876$227,283$176,484$428,875
44$472,228$201,660$145,638$429,141
45$482,479$173,625$112,599$428,693
46$492,580$143,021$77,260$427,457
47$502,480$109,686$39,505$425,355
48$512,119$73,446$0$422,300
49$521,430$34,120$0$418,350
50$530,339$0$0$421,357
51$538,761$0$0$424,481
52$546,604$0$0$430,509
53$553,764$0$0$435,979
54$560,122$0$0$440,795
55$565,551$0$0$444,853
56$569,904$0$0$448,036
57$573,021$0$0$450,216
58$574,724$0$0$451,246
59$574,812$0$0$450,968
60$573,066$0$0$449,203
61$569,240$0$0$445,753
62$563,062$0$0$440,399
63$554,230$0$0$432,899
64$542,410$0$0$422,982
65$527,231$0$0$410,350
66$508,283$0$0$394,673
67$485,112$0$0$375,584
68$457,214$0$0$352,679
69$424,032$0$0$325,510
70$384,953$0$0$293,580
71$339,293$0$0$256,342
72$286,302$0$0$213,189
73$225,145$0$0$163,452
74$154,905$0$0$106,389
75$74,564$0$0$41,184
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$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