Can I retire at age 35 with 384,000?

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 $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%11.4%
1 years$31,710$31,428$31,152$30,883$30,621$30,440
2 years$15,698$15,406$15,122$14,848$14,581$14,399
3 years$10,362$10,068$9,785$9,513$9,251$9,073
4 years$7,694$7,401$7,121$6,854$6,598$6,425
5 years$6,093$5,802$5,526$5,264$5,016$4,849
6 years$5,027$4,738$4,466$4,210$3,969$3,808
7 years$4,265$3,979$3,711$3,461$3,228$3,073
8 years$3,695$3,411$3,148$2,903$2,678$2,530
9 years$3,251$2,970$2,711$2,473$2,255$2,113
10 years$2,896$2,618$2,363$2,132$1,921$1,786
11 years$2,606$2,330$2,081$1,855$1,652$1,523
12 years$2,364$2,092$1,847$1,627$1,432$1,308
13 years$2,160$1,890$1,650$1,437$1,249$1,131
14 years$1,985$1,718$1,482$1,275$1,095$982
15 years$1,834$1,570$1,338$1,137$964$857
16 years$1,701$1,440$1,213$1,018$852$750
17 years$1,585$1,326$1,104$915$755$659
18 years$1,481$1,225$1,008$825$672$580
19 years$1,388$1,136$923$745$599$512
20 years$1,305$1,055$847$675$535$453
21 years$1,230$983$779$612$478$401
22 years$1,162$918$718$557$429$356
23 years$1,099$858$663$507$385$316
24 years$1,042$804$613$463$346$281
25 years$990$755$568$422$311$250
26 years$942$709$527$386$280$223
27 years$897$667$489$354$253$199
28 years$856$629$455$324$228$178
29 years$817$593$423$297$206$159
30 years$782$560$394$273$186$142
31 years$748$530$367$250$168$127
32 years$717$501$343$230$152$113
33 years$688$475$320$212$138$101
34 years$660$450$299$195$125$91
35 years$634$427$280$179$113$81
36 years$610$405$262$165$102$73
37 years$587$385$245$152$93$65
38 years$565$366$229$140$84$58
39 years$545$348$215$129$76$52
40 years$525$331$201$119$69$47
41 years$506$315$189$110$63$42
42 years$489$300$177$102$57$38
43 years$472$286$166$94$52$34
44 years$456$272$156$87$47$30
45 years$441$260$146$80$43$27
46 years$427$248$138$74$39$24
47 years$413$236$129$68$35$22
48 years$400$226$121$63$32$20
49 years$387$216$114$58$29$18
50 years$375$206$107$54$26$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $384,000, adding $3,383 every year, while hoping to spend $27,062 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: 41/36/23 Blend
34$384,000$384,000$384,000$384,000
35$426,658$406,306$400,354$441,141
36$441,383$397,421$384,972$442,951
37$456,703$387,194$368,167$442,078
38$472,651$375,530$349,865$440,590
39$489,260$362,329$329,984$438,449
40$506,567$347,487$308,441$435,609
41$524,613$330,890$285,151$432,028
42$543,441$312,421$260,020$427,658
43$563,097$291,954$232,956$422,450
44$583,631$269,358$203,858$416,353
45$605,096$244,492$172,622$409,314
46$627,553$217,208$139,141$401,279
47$651,062$187,351$103,302$392,190
48$675,695$154,755$64,987$381,987
49$701,523$119,245$24,071$370,610
50$728,629$80,639$0$357,995
51$757,099$38,741$0$348,883
52$787,030$0$0$345,017
53$818,523$0$0$343,083
54$851,692$0$0$357,227
55$886,659$0$0$372,157
56$923,557$0$0$387,932
57$962,533$0$0$404,617
58$1,003,745$0$0$422,284
59$1,047,366$0$0$441,009
60$1,093,585$0$0$460,877
61$1,142,609$0$0$481,980
62$1,194,664$0$0$504,420
63$1,249,997$0$0$528,308
64$1,308,879$0$0$553,763
65$1,371,606$0$0$580,919
66$1,438,501$0$0$609,921
67$1,509,919$0$0$640,929
68$1,586,250$0$0$674,116
69$1,667,920$0$0$709,675
70$1,755,396$0$0$747,815
71$1,849,191$0$0$788,766
72$1,949,867$0$0$832,782
73$2,058,043$0$0$880,139
74$2,174,395$0$0$931,143
75$2,299,667$0$0$986,128
76$2,434,677$0$0$1,045,461
77$2,580,322$0$0$1,109,548
78$2,737,588$0$0$1,178,830
79$2,907,559$0$0$1,253,797
80$3,091,425$0$0$1,334,985
81$3,290,494$0$0$1,422,982
82$3,506,207$0$0$1,518,438
83$3,740,145$0$0$1,622,065
84$3,994,049$0$0$1,734,648
85$4,269,831$0$0$1,857,049
86$4,569,597$0$0$1,990,217
87$4,895,664$0$0$2,135,196
88$5,250,578$0$0$2,293,135
89$5,637,143$0$0$2,465,299
90$6,058,445$0$0$2,653,078
91$6,517,878$0$0$2,858,006
92$7,019,180$0$0$3,081,767
93$7,566,464$0$0$3,326,217
94$8,164,257$0$0$3,593,399
95$8,817,545$0$0$3,885,563
96$9,531,815$0$0$4,205,186
97$10,313,110$0$0$4,554,994
98$11,168,081$0$0$4,937,990
99$12,104,055$0$0$5,357,480
100$13,129,099$0$0$5,817,107