Can I retire at age 35 with 388,000?

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 $388,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$32,041$31,755$31,477$31,205$30,940$29,842
2 years$15,862$15,566$15,280$15,002$14,733$13,639
3 years$10,469$10,173$9,887$9,612$9,347$8,291
4 years$7,774$7,478$7,195$6,925$6,667$5,656
5 years$6,157$5,863$5,584$5,319$5,068$4,106
6 years$5,079$4,787$4,513$4,254$4,010$3,097
7 years$4,310$4,021$3,750$3,497$3,261$2,398
8 years$3,733$3,446$3,180$2,934$2,705$1,890
9 years$3,285$3,001$2,739$2,499$2,278$1,511
10 years$2,926$2,645$2,388$2,154$1,941$1,220
11 years$2,633$2,355$2,102$1,875$1,670$993
12 years$2,389$2,113$1,866$1,644$1,447$813
13 years$2,183$1,910$1,667$1,452$1,262$669
14 years$2,006$1,736$1,498$1,289$1,106$553
15 years$1,853$1,586$1,352$1,149$974$458
16 years$1,719$1,455$1,226$1,029$861$381
17 years$1,601$1,340$1,116$925$763$317
18 years$1,496$1,238$1,018$833$679$264
19 years$1,403$1,148$932$753$605$221
20 years$1,319$1,066$856$682$540$185
21 years$1,243$993$787$619$483$155
22 years$1,174$927$725$563$433$130
23 years$1,111$867$670$512$389$109
24 years$1,053$813$619$467$350$91
25 years$1,000$763$574$427$315$77
26 years$952$717$532$390$283$64
27 years$907$674$494$357$255$54
28 years$865$636$459$327$231$45
29 years$826$600$427$300$208$38
30 years$790$566$398$275$188$32
31 years$756$535$371$253$170$27
32 years$724$506$346$233$154$23
33 years$695$480$323$214$139$19
34 years$667$455$302$197$126$16
35 years$641$431$282$181$114$14
36 years$616$409$264$167$103$11
37 years$593$389$247$154$94$10
38 years$571$369$232$142$85$8
39 years$550$351$217$131$77$7
40 years$530$334$203$120$70$6
41 years$512$318$191$111$63$5
42 years$494$303$179$103$58$4
43 years$477$289$168$95$52$3
44 years$461$275$158$87$47$3
45 years$446$262$148$81$43$2
46 years$431$250$139$75$39$2
47 years$417$239$131$69$35$2
48 years$404$228$123$64$32$1
49 years$391$218$115$59$29$1
50 years$379$208$108$54$27$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $388,000, adding $6,055 every year, while hoping to spend $23,470 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: 30/44/26 Blend
34$388,000$388,000$388,000$388,000
35$433,822$413,258$407,244$443,215
36$453,100$408,535$395,914$446,265
37$473,557$402,795$383,419$447,069
38$495,290$395,962$369,694$447,461
39$518,403$387,958$354,672$447,422
40$543,010$378,697$338,283$446,931
41$569,236$368,093$320,455$445,971
42$597,219$356,050$301,111$444,521
43$627,109$342,470$280,171$442,566
44$659,070$327,247$257,553$440,088
45$693,283$310,270$233,169$437,071
46$729,945$291,421$206,928$433,504
47$769,275$270,576$178,735$429,375
48$811,510$247,603$148,492$424,675
49$856,911$222,363$116,094$419,399
50$905,767$194,709$81,433$413,545
51$958,391$164,486$44,397$407,114
52$1,015,130$131,529$4,868$400,115
53$1,076,365$95,665$0$392,560
54$1,142,513$56,711$0$394,820
55$1,214,033$14,474$0$398,684
56$1,291,431$0$0$402,872
57$1,375,260$0$0$422,599
58$1,466,131$0$0$451,631
59$1,564,715$0$0$483,181
60$1,671,748$0$0$517,492
61$1,788,044$0$0$554,831
62$1,914,494$0$0$595,491
63$2,052,079$0$0$639,798
64$2,201,881$0$0$688,106
65$2,365,089$0$0$740,807
66$2,543,009$0$0$798,334
67$2,737,084$0$0$861,159
68$2,948,896$0$0$929,808
69$3,180,191$0$0$1,004,853
70$3,432,889$0$0$1,086,930
71$3,709,105$0$0$1,176,735
72$4,011,165$0$0$1,275,037
73$4,341,634$0$0$1,382,682
74$4,703,331$0$0$1,500,600
75$5,099,366$0$0$1,629,818
76$5,533,160$0$0$1,771,465
77$6,008,481$0$0$1,926,786
78$6,529,479$0$0$2,097,150
79$7,100,725$0$0$2,284,067
80$7,727,253$0$0$2,489,199
81$8,414,608$0$0$2,714,377
82$9,168,897$0$0$2,961,619
83$9,996,848$0$0$3,233,147
84$10,905,871$0$0$3,531,408
85$11,904,128$0$0$3,859,098
86$13,000,612$0$0$4,219,189
87$14,205,228$0$0$4,614,953
88$15,528,890$0$0$5,049,995
89$16,983,620$0$0$5,528,287
90$18,582,661$0$0$6,054,205
91$20,340,606$0$0$6,632,571
92$22,273,531$0$0$7,268,697
93$24,399,147$0$0$7,968,435
94$26,736,968$0$0$8,738,234
95$29,308,493$0$0$9,585,199
96$32,137,411$0$0$10,517,157
97$35,249,822$0$0$11,542,735
98$38,674,481$0$0$12,671,435
99$42,443,076$0$0$13,913,731
100$46,590,516$0$0$15,281,159