Can I retire at age 35 with 384,000?

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 $384,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$31,710$31,428$31,152$30,883$30,621$29,617
2 years$15,698$15,406$15,122$14,848$14,581$13,579
3 years$10,362$10,068$9,785$9,513$9,251$8,283
4 years$7,694$7,401$7,121$6,854$6,598$5,670
5 years$6,093$5,802$5,526$5,264$5,016$4,132
6 years$5,027$4,738$4,466$4,210$3,969$3,129
7 years$4,265$3,979$3,711$3,461$3,228$2,432
8 years$3,695$3,411$3,148$2,903$2,678$1,925
9 years$3,251$2,970$2,711$2,473$2,255$1,545
10 years$2,896$2,618$2,363$2,132$1,921$1,253
11 years$2,606$2,330$2,081$1,855$1,652$1,024
12 years$2,364$2,092$1,847$1,627$1,432$843
13 years$2,160$1,890$1,650$1,437$1,249$697
14 years$1,985$1,718$1,482$1,275$1,095$578
15 years$1,834$1,570$1,338$1,137$964$482
16 years$1,701$1,440$1,213$1,018$852$402
17 years$1,585$1,326$1,104$915$755$337
18 years$1,481$1,225$1,008$825$672$283
19 years$1,388$1,136$923$745$599$237
20 years$1,305$1,055$847$675$535$200
21 years$1,230$983$779$612$478$168
22 years$1,162$918$718$557$429$142
23 years$1,099$858$663$507$385$119
24 years$1,042$804$613$463$346$101
25 years$990$755$568$422$311$85
26 years$942$709$527$386$280$72
27 years$897$667$489$354$253$61
28 years$856$629$455$324$228$51
29 years$817$593$423$297$206$43
30 years$782$560$394$273$186$37
31 years$748$530$367$250$168$31
32 years$717$501$343$230$152$26
33 years$688$475$320$212$138$22
34 years$660$450$299$195$125$19
35 years$634$427$280$179$113$16
36 years$610$405$262$165$102$13
37 years$587$385$245$152$93$11
38 years$565$366$229$140$84$10
39 years$545$348$215$129$76$8
40 years$525$331$201$119$69$7
41 years$506$315$189$110$63$6
42 years$489$300$177$102$57$5
43 years$472$286$166$94$52$4
44 years$456$272$156$87$47$4
45 years$441$260$146$80$43$3
46 years$427$248$138$74$39$3
47 years$413$236$129$68$35$2
48 years$400$226$121$63$32$2
49 years$387$216$114$58$29$2
50 years$375$206$107$54$26$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $384,000, adding $3,116 every year, while hoping to spend $24,366 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: 45/32/23 Blend
34$384,000$384,000$384,000$384,000
35$426,382$406,030$400,078$442,617
36$443,948$400,000$387,556$448,346
37$462,489$392,859$373,797$451,929
38$482,078$384,524$358,735$455,324
39$502,797$374,913$342,299$458,525
40$524,733$363,934$324,417$461,529
41$547,982$351,493$305,011$464,334
42$572,648$337,489$284,001$466,937
43$598,847$321,814$261,304$469,340
44$626,704$304,357$236,832$471,547
45$656,355$284,998$210,493$473,565
46$687,951$263,611$182,192$475,402
47$721,657$240,062$151,830$477,071
48$757,651$214,211$119,302$478,591
49$796,133$185,908$84,500$479,982
50$837,317$154,996$47,309$481,273
51$881,441$121,309$7,612$482,497
52$928,766$84,671$0$483,695
53$979,576$44,896$0$493,445
54$1,034,185$1,789$0$505,822
55$1,092,938$0$0$519,059
56$1,156,210$0$0$549,064
57$1,224,419$0$0$582,123
58$1,298,018$0$0$617,831
59$1,377,508$0$0$656,436
60$1,463,441$0$0$698,210
61$1,556,419$0$0$743,451
62$1,657,107$0$0$792,488
63$1,766,237$0$0$845,684
64$1,884,611$0$0$903,434
65$2,013,114$0$0$966,178
66$2,152,716$0$0$1,034,394
67$2,304,487$0$0$1,108,614
68$2,469,602$0$0$1,189,418
69$2,649,356$0$0$1,277,447
70$2,845,173$0$0$1,373,407
71$3,058,619$0$0$1,478,073
72$3,291,418$0$0$1,592,299
73$3,545,468$0$0$1,717,026
74$3,822,859$0$0$1,853,287
75$4,125,890$0$0$2,002,222
76$4,457,093$0$0$2,165,086
77$4,819,255$0$0$2,343,259
78$5,215,445$0$0$2,538,261
79$5,649,042$0$0$2,751,767
80$6,123,767$0$0$2,985,621
81$6,643,717$0$0$3,241,853
82$7,213,406$0$0$3,522,700
83$7,837,801$0$0$3,830,623
84$8,522,376$0$0$4,168,335
85$9,273,159$0$0$4,538,824
86$10,096,790$0$0$4,945,381
87$11,000,580$0$0$5,391,630
88$11,992,586$0$0$5,881,563
89$13,081,679$0$0$6,419,579
90$14,277,634$0$0$7,010,523
91$15,591,218$0$0$7,659,732
92$17,034,291$0$0$8,373,086
93$18,619,920$0$0$9,157,061
94$20,362,499$0$0$10,018,794
95$22,277,886$0$0$10,966,147
96$24,383,553$0$0$12,007,782
97$26,698,748$0$0$13,153,240
98$29,244,677$0$0$14,413,036
99$32,044,704$0$0$15,798,754
100$35,124,572$0$0$17,323,155