Can I retire at age 35 with 348,000?

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 $348,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$28,738$28,482$28,232$27,988$27,750$26,862
2 years$14,226$13,962$13,705$13,456$13,214$12,328
3 years$9,390$9,124$8,868$8,621$8,384$7,526
4 years$6,972$6,707$6,454$6,211$5,979$5,158
5 years$5,522$5,258$5,008$4,771$4,545$3,762
6 years$4,556$4,294$4,047$3,815$3,597$2,852
7 years$3,866$3,606$3,363$3,137$2,925$2,219
8 years$3,348$3,091$2,852$2,631$2,427$1,759
9 years$2,946$2,691$2,457$2,241$2,044$1,413
10 years$2,624$2,372$2,142$1,932$1,741$1,148
11 years$2,362$2,112$1,886$1,681$1,497$939
12 years$2,143$1,896$1,673$1,475$1,298$774
13 years$1,958$1,713$1,495$1,302$1,132$641
14 years$1,799$1,557$1,343$1,156$992$533
15 years$1,662$1,422$1,213$1,031$873$444
16 years$1,542$1,305$1,100$923$772$372
17 years$1,436$1,202$1,001$829$684$312
18 years$1,342$1,111$913$747$609$262
19 years$1,258$1,029$836$675$542$220
20 years$1,183$956$767$612$485$185
21 years$1,115$891$706$555$434$156
22 years$1,053$832$651$505$389$132
23 years$996$778$601$460$349$111
24 years$945$729$556$419$314$94
25 years$897$684$515$383$282$80
26 years$853$643$477$350$254$67
27 years$813$605$443$320$229$57
28 years$776$570$412$294$207$48
29 years$741$538$383$269$187$41
30 years$708$508$357$247$169$35
31 years$678$480$333$227$153$29
32 years$650$454$311$209$138$25
33 years$623$430$290$192$125$21
34 years$598$408$271$176$113$18
35 years$575$387$253$162$102$15
36 years$553$367$237$150$93$13
37 years$532$349$222$138$84$11
38 years$512$331$208$127$76$9
39 years$493$315$195$117$69$8
40 years$476$300$182$108$63$7
41 years$459$285$171$100$57$6
42 years$443$272$160$92$52$5
43 years$428$259$151$85$47$4
44 years$413$247$141$78$43$3
45 years$400$235$133$72$39$3
46 years$387$224$125$67$35$2
47 years$374$214$117$62$32$2
48 years$362$205$110$57$29$2
49 years$351$195$103$53$26$2
50 years$340$187$97$49$24$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $348,000, adding $5,917 every year, while hoping to spend $20,590 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: 39/50/11 Blend
34$348,000$348,000$348,000$348,000
35$389,599$371,155$365,761$403,280
36$407,431$367,434$356,107$409,798
37$426,391$362,841$345,439$414,372
38$446,574$357,311$333,701$418,859
39$468,080$350,775$320,837$423,262
40$491,023$343,162$306,783$427,583
41$515,525$334,395$291,478$431,828
42$541,721$324,392$274,855$436,004
43$569,757$313,067$256,843$440,123
44$599,795$300,331$237,370$444,197
45$632,013$286,086$216,361$448,244
46$666,605$270,230$193,735$452,284
47$703,784$252,657$169,411$456,345
48$743,784$233,252$143,301$460,456
49$786,864$211,895$115,315$464,655
50$833,305$188,458$85,359$468,987
51$883,417$162,808$53,334$473,502
52$937,542$134,803$19,137$478,262
53$996,055$104,291$0$483,337
54$1,059,366$71,115$0$490,844
55$1,127,930$35,108$0$501,370
56$1,202,242$0$0$512,787
57$1,282,852$0$0$527,384
58$1,370,360$0$0$564,238
59$1,465,428$0$0$604,318
60$1,568,786$0$0$647,936
61$1,681,233$0$0$695,435
62$1,803,651$0$0$747,194
63$1,937,010$0$0$803,627
64$2,082,377$0$0$865,194
65$2,240,928$0$0$932,398
66$2,413,954$0$0$1,005,794
67$2,602,879$0$0$1,085,993
68$2,809,269$0$0$1,173,666
69$3,034,850$0$0$1,269,554
70$3,281,520$0$0$1,374,473
71$3,551,368$0$0$1,489,319
72$3,846,699$0$0$1,615,081
73$4,170,045$0$0$1,752,847
74$4,524,198$0$0$1,903,815
75$4,912,233$0$0$2,069,306
76$5,337,534$0$0$2,250,773
77$5,803,830$0$0$2,449,817
78$6,315,226$0$0$2,668,202
79$6,876,247$0$0$2,907,869
80$7,491,872$0$0$3,170,960
81$8,167,591$0$0$3,459,830
82$8,909,446$0$0$3,777,076
83$9,724,097$0$0$4,125,557
84$10,618,878$0$0$4,508,426
85$11,601,868$0$0$4,929,152
86$12,681,969$0$0$5,391,559
87$13,868,986$0$0$5,899,860
88$15,173,724$0$0$6,458,696
89$16,608,082$0$0$7,073,181
90$18,185,175$0$0$7,748,947
91$19,919,447$0$0$8,492,203
92$21,826,816$0$0$9,309,785
93$23,924,818$0$0$10,209,230
94$26,232,773$0$0$11,198,837
95$28,771,969$0$0$12,287,756
96$31,565,863$0$0$13,486,062
97$34,640,297$0$0$14,804,863
98$38,023,746$0$0$16,256,392
99$41,747,587$0$0$17,854,133
100$45,846,391$0$0$19,612,940