Can I retire at age 35 with 357,000?

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 $357,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$29,481$29,218$28,962$28,712$28,468$28,241
2 years$14,594$14,323$14,059$13,804$13,556$13,327
3 years$9,633$9,360$9,097$8,844$8,601$8,377
4 years$7,153$6,881$6,620$6,372$6,134$5,918
5 years$5,665$5,394$5,138$4,894$4,663$4,454
6 years$4,673$4,405$4,152$3,914$3,690$3,489
7 years$3,966$3,699$3,450$3,218$3,001$2,808
8 years$3,435$3,171$2,926$2,699$2,489$2,304
9 years$3,022$2,761$2,520$2,299$2,096$1,919
10 years$2,692$2,434$2,197$1,982$1,786$1,617
11 years$2,423$2,166$1,934$1,725$1,536$1,375
12 years$2,198$1,945$1,717$1,513$1,331$1,177
13 years$2,008$1,757$1,534$1,336$1,161$1,014
14 years$1,846$1,597$1,378$1,186$1,018$878
15 years$1,705$1,459$1,244$1,057$896$764
16 years$1,582$1,339$1,128$947$792$666
17 years$1,473$1,233$1,027$851$702$583
18 years$1,377$1,139$937$767$624$512
19 years$1,291$1,056$858$693$556$450
20 years$1,213$981$787$627$497$397
21 years$1,143$914$724$569$445$350
22 years$1,080$853$667$518$399$309
23 years$1,022$798$616$472$358$274
24 years$969$748$570$430$322$243
25 years$920$702$528$393$289$215
26 years$876$659$490$359$261$191
27 years$834$621$455$329$235$170
28 years$796$585$423$301$212$151
29 years$760$552$393$276$192$134
30 years$727$521$366$253$173$119
31 years$696$492$342$233$156$106
32 years$667$466$319$214$142$95
33 years$639$441$298$197$128$84
34 years$614$418$278$181$116$75
35 years$590$397$260$167$105$67
36 years$567$377$243$153$95$60
37 years$546$358$228$141$86$53
38 years$525$340$213$130$78$48
39 years$506$323$200$120$71$42
40 years$488$307$187$111$64$38
41 years$471$293$175$102$58$34
42 years$455$279$165$94$53$30
43 years$439$266$154$87$48$27
44 years$424$253$145$80$44$24
45 years$410$241$136$74$40$21
46 years$397$230$128$69$36$19
47 years$384$220$120$63$33$17
48 years$372$210$113$59$30$15
49 years$360$200$106$54$27$14
50 years$349$191$100$50$24$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $357,000, adding $6,921 every year, while hoping to spend $20,528 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: 59/28/13 Blend
34$357,000$357,000$357,000$357,000
35$400,553$381,632$376,099$422,497
36$419,568$378,490$366,856$434,963
37$439,834$374,507$356,616$445,648
38$461,458$369,618$345,324$456,809
39$484,555$363,758$332,921$468,497
40$509,253$356,856$319,347$480,763
41$535,692$348,836$304,540$493,669
42$564,024$339,621$288,433$507,281
43$594,416$329,125$270,958$521,676
44$627,055$317,259$252,043$536,938
45$662,140$303,931$231,612$553,159
46$699,895$289,040$209,587$570,444
47$740,562$272,481$185,887$588,911
48$784,410$254,143$160,425$608,688
49$831,732$233,908$133,111$629,921
50$882,851$211,653$103,853$652,771
51$938,123$187,244$72,552$677,415
52$997,936$160,544$39,108$704,055
53$1,062,721$131,405$3,413$732,910
54$1,132,947$99,673$0$764,228
55$1,209,135$65,184$0$803,092
56$1,291,853$27,765$0$845,814
57$1,381,729$0$0$892,272
58$1,479,453$0$0$946,794
59$1,585,784$0$0$1,015,452
60$1,701,556$0$0$1,090,234
61$1,827,689$0$0$1,171,736
62$1,965,193$0$0$1,260,616
63$2,115,182$0$0$1,357,597
64$2,278,881$0$0$1,463,474
65$2,457,636$0$0$1,579,124
66$2,652,934$0$0$1,705,511
67$2,866,408$0$0$1,843,697
68$3,099,856$0$0$1,994,851
69$3,355,260$0$0$2,160,261
70$3,634,801$0$0$2,341,343
71$3,940,880$0$0$2,539,658
72$4,276,142$0$0$2,756,926
73$4,643,499$0$0$2,995,039
74$5,046,159$0$0$3,256,083
75$5,487,655$0$0$3,542,352
76$5,971,877$0$0$3,856,377
77$6,503,111$0$0$4,200,943
78$7,086,077$0$0$4,579,117
79$7,725,974$0$0$4,994,280
80$8,428,531$0$0$5,450,155
81$9,200,055$0$0$5,950,842
82$10,047,496$0$0$6,500,860
83$10,978,511$0$0$7,105,185
84$12,001,534$0$0$7,769,300
85$13,125,857$0$0$8,499,246
86$14,361,716$0$0$9,301,677
87$15,720,389$0$0$10,183,924
88$17,214,300$0$0$11,154,064
89$18,857,139$0$0$12,220,998
90$20,663,987$0$0$13,394,529
91$22,651,461$0$0$14,685,461
92$24,837,870$0$0$16,105,695
93$27,243,386$0$0$17,668,346
94$29,890,233$0$0$19,387,864
95$32,802,902$0$0$21,280,168
96$36,008,375$0$0$23,362,802
97$39,536,383$0$0$25,655,095
98$43,419,685$0$0$28,178,344
99$47,694,377$0$0$30,956,017
100$52,400,233$0$0$34,013,972