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%15.2%
1 years$31,710$31,428$31,152$30,883$30,621$29,966
2 years$15,698$15,406$15,122$14,848$14,581$13,925
3 years$10,362$10,068$9,785$9,513$9,251$8,613
4 years$7,694$7,401$7,121$6,854$6,598$5,984
5 years$6,093$5,802$5,526$5,264$5,016$4,427
6 years$5,027$4,738$4,466$4,210$3,969$3,406
7 years$4,265$3,979$3,711$3,461$3,228$2,691
8 years$3,695$3,411$3,148$2,903$2,678$2,167
9 years$3,251$2,970$2,711$2,473$2,255$1,770
10 years$2,896$2,618$2,363$2,132$1,921$1,462
11 years$2,606$2,330$2,081$1,855$1,652$1,217
12 years$2,364$2,092$1,847$1,627$1,432$1,021
13 years$2,160$1,890$1,650$1,437$1,249$860
14 years$1,985$1,718$1,482$1,275$1,095$729
15 years$1,834$1,570$1,338$1,137$964$620
16 years$1,701$1,440$1,213$1,018$852$528
17 years$1,585$1,326$1,104$915$755$452
18 years$1,481$1,225$1,008$825$672$387
19 years$1,388$1,136$923$745$599$332
20 years$1,305$1,055$847$675$535$286
21 years$1,230$983$779$612$478$246
22 years$1,162$918$718$557$429$212
23 years$1,099$858$663$507$385$183
24 years$1,042$804$613$463$346$158
25 years$990$755$568$422$311$136
26 years$942$709$527$386$280$118
27 years$897$667$489$354$253$102
28 years$856$629$455$324$228$88
29 years$817$593$423$297$206$76
30 years$782$560$394$273$186$66
31 years$748$530$367$250$168$57
32 years$717$501$343$230$152$50
33 years$688$475$320$212$138$43
34 years$660$450$299$195$125$37
35 years$634$427$280$179$113$32
36 years$610$405$262$165$102$28
37 years$587$385$245$152$93$24
38 years$565$366$229$140$84$21
39 years$545$348$215$129$76$18
40 years$525$331$201$119$69$16
41 years$506$315$189$110$63$14
42 years$489$300$177$102$57$12
43 years$472$286$166$94$52$10
44 years$456$272$156$87$47$9
45 years$441$260$146$80$43$8
46 years$427$248$138$74$39$7
47 years$413$236$129$68$35$6
48 years$400$226$121$63$32$5
49 years$387$216$114$58$29$4
50 years$375$206$107$54$26$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $384,000, adding $2,873 every year, while hoping to spend $20,113 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: 61/23/16 Blend
34$384,000$384,000$384,000$384,000
35$426,131$405,779$399,827$450,238
36$448,197$404,263$391,822$465,302
37$471,839$401,997$382,873$479,222
38$497,197$398,926$372,930$493,938
39$524,424$394,986$361,937$509,528
40$553,689$390,114$349,835$526,082
41$585,175$384,240$336,565$543,697
42$619,086$377,291$322,063$562,480
43$655,644$369,189$306,263$582,552
44$695,093$359,853$289,096$604,045
45$737,703$349,195$270,491$627,108
46$783,767$337,124$250,371$651,904
47$833,610$323,543$228,657$678,615
48$887,590$308,348$205,268$707,442
49$946,097$291,430$180,118$738,608
50$1,009,563$272,674$153,116$772,361
51$1,078,462$251,959$124,169$808,973
52$1,153,315$229,155$93,179$848,749
53$1,234,696$204,126$60,043$892,025
54$1,323,236$176,729$24,656$939,171
55$1,419,629$146,812$0$990,601
56$1,524,639$114,213$0$1,049,007
57$1,639,106$78,764$0$1,117,293
58$1,763,956$40,284$0$1,191,824
59$1,900,208$0$0$1,273,238
60$2,048,981$0$0$1,362,600
61$2,211,509$0$0$1,471,390
62$2,389,153$0$0$1,590,325
63$2,583,405$0$0$1,720,411
64$2,795,915$0$0$1,862,754
65$3,028,493$0$0$2,018,571
66$3,283,138$0$0$2,189,205
67$3,562,048$0$0$2,376,133
68$3,867,642$0$0$2,580,983
69$4,202,590$0$0$2,805,545
70$4,569,825$0$0$3,051,793
71$4,972,584$0$0$3,321,901
72$5,414,428$0$0$3,618,263
73$5,899,282$0$0$3,943,517
74$6,431,467$0$0$4,300,566
75$7,015,744$0$0$4,692,611
76$7,657,358$0$0$5,123,176
77$8,362,086$0$0$5,596,144
78$9,136,291$0$0$6,115,793
79$9,986,986$0$0$6,686,834
80$10,921,894$0$0$7,314,459
81$11,949,524$0$0$8,004,388
82$13,079,250$0$0$8,762,920
83$14,321,401$0$0$9,596,999
84$15,687,356$0$0$10,514,271
85$17,189,651$0$0$11,523,165
86$18,842,098$0$0$12,632,963
87$20,659,917$0$0$13,853,896
88$22,659,876$0$0$15,197,233
89$24,860,448$0$0$16,675,394
90$27,281,991$0$0$18,302,060
91$29,946,932$0$0$20,092,308
92$32,879,987$0$0$22,062,749
93$36,108,385$0$0$24,231,688
94$39,662,131$0$0$26,619,292
95$43,574,285$0$0$29,247,786
96$47,881,278$0$0$32,141,655
97$52,623,250$0$0$35,327,883
98$57,844,433$0$0$38,836,201
99$63,593,565$0$0$42,699,371
100$69,924,352$0$0$46,953,494