Can I retire at age 35 with 408,000?

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 $408,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$33,692$33,392$33,099$32,814$32,534$31,956
2 years$16,679$16,369$16,068$15,776$15,493$14,912
3 years$11,009$10,697$10,397$10,108$9,829$9,264
4 years$8,175$7,864$7,566$7,282$7,010$6,465
5 years$6,474$6,165$5,872$5,593$5,329$4,806
6 years$5,341$5,034$4,745$4,473$4,217$3,716
7 years$4,532$4,228$3,943$3,677$3,429$2,951
8 years$3,925$3,624$3,344$3,085$2,845$2,389
9 years$3,454$3,155$2,880$2,628$2,396$1,961
10 years$3,077$2,781$2,511$2,265$2,041$1,629
11 years$2,769$2,476$2,211$1,971$1,756$1,364
12 years$2,512$2,222$1,962$1,729$1,521$1,150
13 years$2,295$2,008$1,753$1,527$1,327$976
14 years$2,109$1,826$1,575$1,355$1,163$831
15 years$1,948$1,668$1,422$1,209$1,024$711
16 years$1,808$1,530$1,289$1,082$905$610
17 years$1,684$1,409$1,173$972$802$525
18 years$1,573$1,302$1,071$876$713$453
19 years$1,475$1,207$980$792$636$391
20 years$1,387$1,121$900$717$568$339
21 years$1,307$1,045$828$651$508$294
22 years$1,234$975$763$592$456$255
23 years$1,168$912$704$539$409$222
24 years$1,108$854$651$491$368$193
25 years$1,052$802$603$449$331$168
26 years$1,001$754$560$410$298$146
27 years$953$709$520$376$269$127
28 years$909$668$483$344$242$111
29 years$869$630$449$316$219$97
30 years$831$595$419$290$198$84
31 years$795$563$390$266$179$74
32 years$762$533$364$244$162$64
33 years$731$504$340$225$146$56
34 years$701$478$318$207$133$49
35 years$674$453$297$190$120$43
36 years$648$430$278$175$109$37
37 years$624$409$260$162$99$33
38 years$600$388$244$149$89$29
39 years$579$369$228$137$81$25
40 years$558$351$214$127$74$22
41 years$538$335$201$117$67$19
42 years$519$319$188$108$61$17
43 years$502$304$177$100$55$15
44 years$485$289$166$92$50$13
45 years$469$276$156$85$45$11
46 years$453$263$146$78$41$10
47 years$439$251$137$72$37$9
48 years$425$240$129$67$34$7
49 years$411$229$121$62$31$7
50 years$398$219$114$57$28$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $408,000, adding $6,008 every year, while hoping to spend $32,408 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: 41/31/28 Blend
34$408,000$408,000$408,000$408,000
35$455,813$434,189$427,865$470,544
36$467,824$420,983$407,717$468,546
37$479,974$406,043$385,807$462,909
38$492,243$389,250$362,043$456,190
39$504,608$370,480$336,328$448,307
40$517,042$349,597$308,559$439,178
41$529,514$326,461$278,629$428,710
42$541,991$300,924$246,429$416,809
43$554,431$272,826$211,842$403,371
44$566,791$242,003$174,747$388,286
45$579,019$208,277$135,017$371,440
46$591,059$171,462$92,520$352,705
47$602,846$131,363$47,118$331,951
48$614,308$87,771$0$309,034
49$625,362$40,466$0$284,203
50$635,919$0$0$271,945
51$645,875$0$0$261,720
52$655,118$0$0$264,948
53$663,519$0$0$267,766
54$670,937$0$0$270,109
55$677,213$0$0$271,904
56$682,171$0$0$273,071
57$685,616$0$0$273,520
58$687,328$0$0$273,152
59$687,066$0$0$271,855
60$684,561$0$0$269,508
61$679,514$0$0$265,974
62$671,594$0$0$261,103
63$660,433$0$0$254,727
64$645,624$0$0$246,660
65$626,716$0$0$236,698
66$603,209$0$0$224,614
67$574,551$0$0$210,156
68$540,129$0$0$193,046
69$499,265$0$0$172,977
70$451,211$0$0$149,608
71$395,138$0$0$122,563
72$330,128$0$0$91,428
73$255,171$0$0$55,742
74$169,146$0$0$14,998
75$70,816$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0