Can I retire at age 35 with 350,000?

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 $350,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$28,903$28,645$28,394$28,149$27,909$27,213
2 years$14,308$14,042$13,784$13,533$13,290$12,593
3 years$9,444$9,176$8,919$8,671$8,432$7,755
4 years$7,012$6,746$6,491$6,247$6,014$5,363
5 years$5,554$5,289$5,037$4,798$4,572$3,949
6 years$4,582$4,319$4,071$3,837$3,617$3,024
7 years$3,888$3,627$3,383$3,155$2,942$2,377
8 years$3,367$3,109$2,869$2,646$2,441$1,904
9 years$2,963$2,707$2,471$2,254$2,055$1,547
10 years$2,640$2,386$2,154$1,943$1,751$1,270
11 years$2,375$2,124$1,897$1,691$1,506$1,052
12 years$2,155$1,906$1,683$1,483$1,305$877
13 years$1,969$1,723$1,504$1,310$1,138$735
14 years$1,809$1,566$1,351$1,162$998$618
15 years$1,671$1,431$1,220$1,037$878$522
16 years$1,551$1,313$1,106$928$776$443
17 years$1,444$1,209$1,006$834$688$376
18 years$1,350$1,117$919$752$612$320
19 years$1,265$1,035$841$679$546$273
20 years$1,190$962$772$615$487$233
21 years$1,121$896$710$558$436$199
22 years$1,059$836$654$508$391$171
23 years$1,002$782$604$462$351$146
24 years$950$733$559$422$315$125
25 years$902$688$518$385$284$107
26 years$858$646$480$352$256$92
27 years$818$608$446$322$230$79
28 years$780$573$414$295$208$68
29 years$745$541$386$271$188$59
30 years$712$511$359$248$170$50
31 years$682$483$335$228$153$43
32 years$654$457$312$210$139$37
33 years$627$433$292$193$126$32
34 years$602$410$273$177$114$28
35 years$578$389$255$163$103$24
36 years$556$369$238$150$93$20
37 years$535$351$223$139$85$18
38 years$515$333$209$128$77$15
39 years$496$317$196$118$70$13
40 years$479$301$183$109$63$11
41 years$462$287$172$100$57$10
42 years$446$273$161$93$52$8
43 years$430$260$151$85$47$7
44 years$416$248$142$79$43$6
45 years$402$237$133$73$39$5
46 years$389$226$125$67$35$5
47 years$376$215$118$62$32$4
48 years$364$206$111$57$29$3
49 years$353$196$104$53$26$3
50 years$342$188$98$49$24$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $350,000, adding $5,766 every year, while hoping to spend $25,107 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: 68/16/16 Blend
34$350,000$350,000$350,000$350,000
35$391,648$373,098$367,673$416,413
36$404,882$364,666$353,276$425,231
37$418,625$354,979$337,556$431,374
38$432,901$343,950$320,441$437,462
39$447,739$331,485$301,857$443,490
40$463,166$317,486$281,727$449,448
41$479,215$301,848$259,970$455,331
42$495,917$284,462$236,502$461,129
43$513,310$265,209$211,234$466,837
44$531,432$243,968$184,074$472,446
45$550,323$220,608$154,926$477,951
46$570,028$194,991$123,689$483,344
47$590,597$166,970$90,258$488,621
48$612,079$136,394$54,523$493,776
49$634,532$103,098$16,370$498,805
50$658,016$66,911$0$503,705
51$682,596$27,652$0$512,629
52$708,344$0$0$524,676
53$735,335$0$0$539,687
54$763,654$0$0$560,551
55$793,391$0$0$582,466
56$824,644$0$0$605,506
57$857,521$0$0$629,750
58$892,136$0$0$655,285
59$928,618$0$0$682,205
60$967,104$0$0$710,614
61$1,007,743$0$0$740,624
62$1,050,701$0$0$772,357
63$1,096,156$0$0$805,947
64$1,144,303$0$0$841,539
65$1,195,356$0$0$879,294
66$1,249,548$0$0$919,384
67$1,307,134$0$0$962,002
68$1,368,392$0$0$1,007,355
69$1,433,629$0$0$1,055,672
70$1,503,178$0$0$1,107,202
71$1,577,406$0$0$1,162,220
72$1,656,714$0$0$1,221,026
73$1,741,540$0$0$1,283,947
74$1,832,369$0$0$1,351,346
75$1,929,727$0$0$1,423,617
76$2,034,195$0$0$1,501,194
77$2,146,410$0$0$1,584,554
78$2,267,069$0$0$1,674,219
79$2,396,940$0$0$1,770,763
80$2,536,864$0$0$1,874,817
81$2,687,767$0$0$1,987,072
82$2,850,665$0$0$2,108,289
83$3,026,674$0$0$2,239,305
84$3,217,020$0$0$2,381,037
85$3,423,054$0$0$2,534,496
86$3,646,256$0$0$2,700,791
87$3,888,258$0$0$2,881,142
88$4,150,851$0$0$3,076,894
89$4,436,008$0$0$3,289,521
90$4,745,896$0$0$3,520,648
91$5,082,902$0$0$3,772,060
92$5,449,649$0$0$4,045,725
93$5,849,026$0$0$4,343,804
94$6,284,210$0$0$4,668,678
95$6,758,698$0$0$5,022,966
96$7,276,339$0$0$5,409,551
97$7,841,369$0$0$5,831,606
98$8,458,452$0$0$6,292,625
99$9,132,721$0$0$6,796,452
100$9,869,829$0$0$7,347,323