Can I retire at age 35 with 353,000?

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 $353,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$29,150$28,891$28,637$28,390$28,149$28,007
2 years$14,431$14,162$13,902$13,649$13,404$13,261
3 years$9,525$9,255$8,995$8,745$8,504$8,364
4 years$7,073$6,803$6,546$6,300$6,065$5,929
5 years$5,601$5,334$5,080$4,839$4,611$4,479
6 years$4,621$4,356$4,106$3,870$3,648$3,522
7 years$3,921$3,658$3,412$3,182$2,967$2,845
8 years$3,396$3,135$2,893$2,669$2,461$2,344
9 years$2,988$2,730$2,492$2,273$2,073$1,961
10 years$2,662$2,406$2,173$1,960$1,766$1,659
11 years$2,396$2,142$1,913$1,706$1,519$1,416
12 years$2,173$1,923$1,698$1,496$1,316$1,218
13 years$1,986$1,738$1,517$1,321$1,148$1,054
14 years$1,825$1,579$1,363$1,172$1,006$917
15 years$1,686$1,443$1,230$1,046$886$801
16 years$1,564$1,324$1,115$936$783$702
17 years$1,457$1,219$1,015$841$694$618
18 years$1,361$1,127$927$758$617$545
19 years$1,276$1,044$848$685$550$481
20 years$1,200$970$778$620$491$426
21 years$1,131$904$716$563$440$378
22 years$1,068$844$660$512$394$336
23 years$1,011$789$609$466$354$299
24 years$958$739$564$425$318$266
25 years$910$694$522$388$286$237
26 years$866$652$484$355$258$212
27 years$825$614$450$325$232$189
28 years$787$578$418$298$210$169
29 years$751$545$389$273$189$151
30 years$719$515$362$251$171$135
31 years$688$487$338$230$155$121
32 years$659$461$315$212$140$109
33 years$632$436$294$195$127$97
34 years$607$414$275$179$115$87
35 years$583$392$257$165$104$78
36 years$561$372$240$152$94$70
37 years$539$354$225$140$85$63
38 years$519$336$211$129$77$57
39 years$501$320$197$119$70$51
40 years$483$304$185$110$64$46
41 years$466$289$174$101$58$41
42 years$449$276$163$93$52$37
43 years$434$263$153$86$48$33
44 years$419$250$143$80$43$30
45 years$405$239$135$73$39$27
46 years$392$228$126$68$36$24
47 years$379$217$119$63$32$22
48 years$367$207$112$58$29$19
49 years$356$198$105$54$27$17
50 years$345$189$99$49$24$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $353,000, adding $5,191 every year, while hoping to spend $24,754 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: 49/46/5 Blend
34$353,000$353,000$353,000$353,000
35$394,361$375,652$370,180$412,945
36$408,247$367,720$356,243$418,248
37$422,721$358,571$341,009$420,923
38$437,815$348,117$324,410$423,235
39$453,566$336,269$306,371$425,156
40$470,013$322,929$286,818$426,657
41$487,198$307,997$265,670$427,708
42$505,167$291,364$242,845$428,278
43$523,970$272,917$218,257$428,333
44$543,660$252,535$191,813$427,840
45$564,295$230,090$163,421$426,764
46$585,938$205,450$132,980$425,069
47$608,657$178,471$100,389$422,718
48$632,527$149,002$65,538$419,674
49$657,628$116,886$28,317$415,896
50$684,047$81,955$0$411,346
51$711,881$44,032$0$406,593
52$741,232$2,929$0$402,638
53$772,215$0$0$397,935
54$804,952$0$0$413,484
55$839,578$0$0$431,514
56$876,241$0$0$450,623
57$915,100$0$0$470,897
58$956,332$0$0$492,429
59$1,000,128$0$0$515,323
60$1,046,698$0$0$539,691
61$1,096,272$0$0$565,657
62$1,149,101$0$0$593,355
63$1,205,461$0$0$622,933
64$1,265,652$0$0$654,553
65$1,330,006$0$0$688,394
66$1,398,884$0$0$724,648
67$1,472,685$0$0$763,531
68$1,551,843$0$0$805,277
69$1,636,837$0$0$850,142
70$1,728,191$0$0$898,410
71$1,826,482$0$0$950,390
72$1,932,343$0$0$1,006,422
73$2,046,467$0$0$1,066,881
74$2,169,618$0$0$1,132,178
75$2,302,635$0$0$1,202,764
76$2,446,438$0$0$1,279,136
77$2,602,041$0$0$1,361,839
78$2,770,557$0$0$1,451,473
79$2,953,209$0$0$1,548,697
80$3,151,343$0$0$1,654,237
81$3,366,439$0$0$1,768,891
82$3,600,125$0$0$1,893,536
83$3,854,192$0$0$2,029,138
84$4,130,610$0$0$2,176,758
85$4,431,546$0$0$2,337,566
86$4,759,386$0$0$2,512,849
87$5,116,754$0$0$2,704,021
88$5,506,538$0$0$2,912,640
89$5,931,918$0$0$3,140,422
90$6,396,394$0$0$3,389,255
91$6,903,818$0$0$3,661,217
92$7,458,432$0$0$3,958,596
93$8,064,905$0$0$4,283,912
94$8,728,378$0$0$4,639,939
95$9,454,512$0$0$5,029,730
96$10,249,541$0$0$5,456,651
97$11,120,328$0$0$5,924,405
98$12,074,434$0$0$6,437,072
99$13,120,184$0$0$6,999,146
100$14,266,746$0$0$7,615,573