Can I retire at age 35 with 343,000?

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 $343,000?

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$28,325$28,072$27,826$27,586$27,351$27,021
2 years$14,022$13,761$13,508$13,262$13,024$12,692
3 years$9,255$8,993$8,740$8,497$8,263$7,939
4 years$6,872$6,611$6,361$6,122$5,893$5,580
5 years$5,443$5,183$4,936$4,702$4,480$4,178
6 years$4,490$4,232$3,989$3,760$3,545$3,255
7 years$3,810$3,554$3,315$3,092$2,883$2,605
8 years$3,300$3,047$2,811$2,593$2,392$2,126
9 years$2,904$2,653$2,421$2,209$2,014$1,760
10 years$2,587$2,338$2,111$1,904$1,716$1,474
11 years$2,328$2,082$1,859$1,657$1,476$1,245
12 years$2,112$1,868$1,649$1,454$1,279$1,060
13 years$1,929$1,688$1,474$1,283$1,115$907
14 years$1,773$1,535$1,324$1,139$978$780
15 years$1,638$1,402$1,195$1,016$861$674
16 years$1,520$1,286$1,084$910$761$584
17 years$1,415$1,185$986$817$675$508
18 years$1,323$1,095$900$737$600$442
19 years$1,240$1,014$824$666$535$386
20 years$1,166$943$756$603$478$338
21 years$1,099$878$696$547$427$296
22 years$1,038$820$641$497$383$260
23 years$982$767$592$453$344$228
24 years$931$718$548$413$309$200
25 years$884$674$507$377$278$176
26 years$841$634$470$345$251$155
27 years$801$596$437$316$226$137
28 years$764$562$406$289$204$121
29 years$730$530$378$265$184$106
30 years$698$501$352$244$166$94
31 years$668$473$328$224$150$83
32 years$640$448$306$206$136$73
33 years$614$424$286$189$123$65
34 years$590$402$267$174$111$57
35 years$567$381$250$160$101$51
36 years$545$362$234$147$91$45
37 years$524$344$219$136$83$40
38 years$505$327$205$125$75$35
39 years$486$311$192$115$68$31
40 years$469$295$180$106$62$27
41 years$452$281$169$98$56$24
42 years$437$268$158$91$51$21
43 years$422$255$148$84$46$19
44 years$408$243$139$77$42$17
45 years$394$232$131$71$38$15
46 years$381$221$123$66$35$13
47 years$369$211$115$61$31$12
48 years$357$202$108$56$28$10
49 years$346$192$102$52$26$9
50 years$335$184$96$48$23$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $343,000, adding $3,825 every year, while hoping to spend $26,280 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: 46/43/11 Blend
34$343,000$343,000$343,000$343,000
35$381,931$363,752$358,436$398,153
36$392,927$353,615$342,482$399,627
37$404,163$342,099$325,113$398,217
38$415,636$329,111$306,253$396,095
39$427,343$314,549$285,824$393,206
40$439,277$298,307$263,744$389,488
41$451,431$280,272$239,928$384,879
42$463,797$260,325$214,285$379,308
43$476,363$238,340$186,722$372,703
44$489,116$214,182$157,141$364,987
45$502,041$187,713$125,441$356,076
46$515,120$158,782$91,514$345,883
47$528,332$127,232$55,249$334,313
48$541,653$92,897$16,531$321,265
49$555,055$55,602$0$306,633
50$568,505$15,161$0$293,212
51$581,968$0$0$280,231
52$595,401$0$0$279,175
53$608,758$0$0$285,232
54$621,985$0$0$291,202
55$635,022$0$0$297,051
56$647,801$0$0$302,746
57$660,245$0$0$308,247
58$672,269$0$0$313,509
59$683,778$0$0$318,484
60$694,662$0$0$323,115
61$704,803$0$0$327,341
62$714,066$0$0$331,094
63$722,300$0$0$334,295
64$729,340$0$0$336,861
65$734,999$0$0$338,694
66$739,069$0$0$339,690
67$741,322$0$0$339,731
68$741,501$0$0$338,685
69$739,321$0$0$336,409
70$734,469$0$0$332,741
71$726,593$0$0$327,501
72$715,306$0$0$320,494
73$700,177$0$0$311,498
74$680,730$0$0$300,272
75$656,438$0$0$286,547
76$626,716$0$0$270,024
77$590,916$0$0$250,375
78$548,323$0$0$227,235
79$498,146$0$0$200,201
80$439,509$0$0$168,829
81$371,442$0$0$132,625
82$292,877$0$0$91,045
83$202,630$0$0$43,488
84$99,394$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