Can I retire at age 35 with 359,000?

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 $359,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$29,646$29,382$29,124$28,873$28,627$27,733
2 years$14,676$14,403$14,138$13,881$13,632$12,739
3 years$9,687$9,412$9,148$8,894$8,649$7,785
4 years$7,193$6,919$6,658$6,407$6,168$5,341
5 years$5,697$5,425$5,167$4,922$4,689$3,899
6 years$4,700$4,430$4,175$3,936$3,710$2,960
7 years$3,988$3,720$3,470$3,236$3,017$2,305
8 years$3,454$3,189$2,943$2,714$2,503$1,830
9 years$3,039$2,776$2,534$2,312$2,108$1,472
10 years$2,707$2,447$2,210$1,993$1,796$1,197
11 years$2,436$2,179$1,945$1,735$1,545$981
12 years$2,210$1,955$1,726$1,521$1,339$809
13 years$2,019$1,767$1,542$1,343$1,167$671
14 years$1,856$1,606$1,386$1,192$1,023$558
15 years$1,714$1,467$1,251$1,063$901$466
16 years$1,591$1,346$1,134$952$796$391
17 years$1,481$1,240$1,032$855$706$328
18 years$1,385$1,146$942$771$628$276
19 years$1,298$1,062$863$697$560$232
20 years$1,220$987$792$631$500$196
21 years$1,150$919$728$573$447$166
22 years$1,086$858$671$521$401$140
23 years$1,028$802$620$474$360$118
24 years$974$752$573$432$323$100
25 years$926$706$531$395$291$85
26 years$880$663$492$361$262$72
27 years$839$624$457$331$236$61
28 years$800$588$425$303$213$52
29 years$764$555$395$278$193$44
30 years$731$524$368$255$174$37
31 years$700$495$343$234$157$32
32 years$670$469$320$215$142$27
33 years$643$444$299$198$129$23
34 years$617$421$280$182$117$19
35 years$593$399$261$168$106$16
36 years$570$379$244$154$96$14
37 years$549$360$229$142$87$12
38 years$528$342$214$131$79$10
39 years$509$325$201$121$71$9
40 years$491$309$188$111$65$7
41 years$474$294$176$103$59$6
42 years$457$280$166$95$53$5
43 years$441$267$155$88$48$4
44 years$427$255$146$81$44$4
45 years$412$243$137$75$40$3
46 years$399$232$129$69$36$3
47 years$386$221$121$64$33$2
48 years$374$211$114$59$30$2
49 years$362$201$107$54$27$2
50 years$351$192$100$50$25$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $359,000, adding $4,490 every year, while hoping to spend $24,340 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: 48/44/8 Blend
34$359,000$359,000$359,000$359,000
35$400,249$381,222$375,658$418,393
36$415,177$374,005$362,345$424,092
37$430,812$365,618$347,770$427,346
38$447,200$355,978$331,866$430,312
39$464,392$344,998$314,560$432,970
40$482,442$332,585$295,780$435,301
41$501,409$318,640$275,447$437,284
42$521,358$303,059$253,480$438,899
43$542,360$285,732$229,795$440,124
44$564,490$266,543$204,303$440,940
45$587,832$245,367$176,911$441,325
46$612,477$222,076$147,523$441,259
47$638,523$196,531$116,038$440,724
48$666,078$168,587$82,351$439,701
49$695,260$138,090$46,352$438,171
50$726,198$104,877$7,926$436,119
51$759,032$68,778$0$433,529
52$793,917$29,612$0$433,214
53$831,019$0$0$433,245
54$870,524$0$0$439,154
55$912,633$0$0$460,756
56$957,566$0$0$483,831
57$1,005,566$0$0$508,507
58$1,056,897$0$0$534,921
59$1,111,849$0$0$563,229
60$1,170,742$0$0$593,597
61$1,233,925$0$0$626,209
62$1,301,782$0$0$661,268
63$1,374,732$0$0$698,995
64$1,453,239$0$0$739,634
65$1,537,809$0$0$783,453
66$1,629,000$0$0$830,745
67$1,727,424$0$0$881,833
68$1,833,754$0$0$937,072
69$1,948,729$0$0$996,853
70$2,073,161$0$0$1,061,603
71$2,207,944$0$0$1,131,794
72$2,354,058$0$0$1,207,946
73$2,512,585$0$0$1,290,626
74$2,684,712$0$0$1,380,464
75$2,871,745$0$0$1,478,148
76$3,075,121$0$0$1,584,438
77$3,296,420$0$0$1,700,168
78$3,537,383$0$0$1,826,257
79$3,799,922$0$0$1,963,716
80$4,086,145$0$0$2,113,659
81$4,398,370$0$0$2,277,309
82$4,739,148$0$0$2,456,015
83$5,111,288$0$0$2,651,262
84$5,517,881$0$0$2,864,683
85$5,962,332$0$0$3,098,077
86$6,448,389$0$0$3,353,425
87$6,980,177$0$0$3,632,908
88$7,562,240$0$0$3,938,927
89$8,199,581$0$0$4,274,128
90$8,897,710$0$0$4,641,421
91$9,662,694$0$0$5,044,016
92$10,501,214$0$0$5,485,445
93$11,420,631$0$0$5,969,597
94$12,429,050$0$0$6,500,759
95$13,535,398$0$0$7,083,651
96$14,749,509$0$0$7,723,473
97$16,082,215$0$0$8,425,950
98$17,545,447$0$0$9,197,393
99$19,152,348$0$0$10,044,751
100$20,917,397$0$0$10,975,679