Can I retire at age 35 with 346,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $346,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$28,572$28,318$28,070$27,827$27,591$26,772
2 years$14,145$13,881$13,626$13,378$13,138$12,320
3 years$9,336$9,072$8,817$8,572$8,336$7,544
4 years$6,932$6,669$6,416$6,175$5,945$5,185
5 years$5,490$5,228$4,979$4,743$4,519$3,794
6 years$4,529$4,269$4,024$3,793$3,576$2,886
7 years$3,843$3,585$3,344$3,119$2,908$2,253
8 years$3,329$3,073$2,836$2,616$2,413$1,792
9 years$2,929$2,676$2,443$2,228$2,032$1,445
10 years$2,609$2,359$2,130$1,921$1,731$1,178
11 years$2,348$2,100$1,875$1,672$1,489$968
12 years$2,130$1,885$1,664$1,466$1,290$801
13 years$1,946$1,703$1,487$1,295$1,125$666
14 years$1,789$1,548$1,336$1,149$986$556
15 years$1,652$1,414$1,206$1,025$868$465
16 years$1,533$1,298$1,093$918$767$391
17 years$1,428$1,195$995$825$680$329
18 years$1,334$1,104$908$743$605$278
19 years$1,251$1,023$831$671$539$235
20 years$1,176$951$763$608$482$199
21 years$1,108$886$702$552$431$168
22 years$1,047$827$647$502$386$143
23 years$991$773$597$457$347$121
24 years$939$725$552$417$312$103
25 years$892$680$512$381$281$87
26 years$849$639$474$348$253$74
27 years$808$601$441$319$228$63
28 years$771$567$410$292$206$54
29 years$737$535$381$268$186$46
30 years$704$505$355$246$168$39
31 years$674$477$331$226$152$33
32 years$646$452$309$207$137$28
33 years$620$428$288$191$124$24
34 years$595$405$269$175$112$20
35 years$572$384$252$161$102$17
36 years$550$365$236$149$92$15
37 years$529$347$221$137$84$13
38 years$509$329$207$126$76$11
39 years$491$313$194$116$69$9
40 years$473$298$181$107$62$8
41 years$456$284$170$99$57$7
42 years$441$270$160$91$51$6
43 years$425$257$150$84$47$5
44 years$411$245$141$78$42$4
45 years$397$234$132$72$38$4
46 years$384$223$124$67$35$3
47 years$372$213$116$61$32$3
48 years$360$203$109$57$29$2
49 years$349$194$103$52$26$2
50 years$338$185$97$48$24$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $346,000, adding $6,155 every year, while hoping to spend $28,541 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: 70/18/12 Blend
34$346,000$346,000$346,000$346,000
35$387,641$369,303$363,940$413,359
36$396,813$357,031$345,764$418,956
37$405,964$343,202$326,024$421,036
38$415,061$327,708$304,635$422,559
39$424,069$310,437$281,512$423,464
40$432,946$291,270$256,564$423,687
41$441,645$270,081$229,697$423,156
42$450,115$246,737$200,814$421,794
43$458,296$221,097$169,811$419,515
44$466,123$193,012$136,581$416,229
45$473,523$162,324$101,011$411,835
46$480,413$128,869$62,985$406,223
47$486,701$92,469$22,382$399,275
48$492,285$52,941$0$390,861
49$497,051$10,088$0$383,522
50$500,871$0$0$377,654
51$503,604$0$0$377,426
52$505,093$0$0$378,227
53$505,163$0$0$377,921
54$503,619$0$0$376,360
55$500,246$0$0$373,376
56$494,804$0$0$368,784
57$487,029$0$0$362,379
58$476,626$0$0$353,935
59$463,269$0$0$343,199
60$446,597$0$0$329,892
61$426,212$0$0$313,706
62$401,670$0$0$294,300
63$372,483$0$0$271,295
64$338,108$0$0$244,273
65$297,947$0$0$212,772
66$251,339$0$0$176,281
67$197,551$0$0$134,235
68$135,775$0$0$86,009
69$65,117$0$0$30,913
70$0$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
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