Can I retire at age 35 with 318,000?

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 $318,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$26,260$26,026$25,798$25,575$25,358$25,251
2 years$13,000$12,758$12,523$12,296$12,075$11,967
3 years$8,581$8,337$8,103$7,878$7,661$7,555
4 years$6,371$6,129$5,897$5,676$5,464$5,361
5 years$5,046$4,805$4,576$4,359$4,154$4,055
6 years$4,163$3,924$3,698$3,486$3,287$3,191
7 years$3,532$3,295$3,073$2,866$2,673$2,581
8 years$3,060$2,825$2,607$2,404$2,217$2,129
9 years$2,692$2,459$2,245$2,048$1,867$1,783
10 years$2,398$2,168$1,957$1,765$1,591$1,510
11 years$2,158$1,930$1,723$1,536$1,368$1,291
12 years$1,958$1,732$1,529$1,348$1,186$1,112
13 years$1,789$1,565$1,366$1,190$1,034$963
14 years$1,644$1,423$1,228$1,056$906$839
15 years$1,519$1,300$1,108$942$798$734
16 years$1,409$1,193$1,005$843$705$644
17 years$1,312$1,098$914$758$625$567
18 years$1,226$1,015$835$683$556$501
19 years$1,150$941$764$617$496$443
20 years$1,081$874$701$559$443$393
21 years$1,018$814$645$507$396$349
22 years$962$760$595$461$355$311
23 years$910$711$549$420$319$277
24 years$863$666$508$383$287$247
25 years$820$625$470$350$258$221
26 years$780$587$436$320$232$197
27 years$743$553$405$293$209$176
28 years$709$521$376$268$189$158
29 years$677$491$350$246$171$142
30 years$647$464$326$226$154$127
31 years$620$439$304$207$139$114
32 years$594$415$284$191$126$102
33 years$569$393$265$175$114$92
34 years$547$373$248$161$103$82
35 years$525$353$232$148$94$74
36 years$505$335$217$137$85$66
37 years$486$319$203$126$77$60
38 years$468$303$190$116$70$54
39 years$451$288$178$107$63$48
40 years$435$274$167$99$57$43
41 years$419$261$156$91$52$39
42 years$405$248$147$84$47$35
43 years$391$237$138$78$43$32
44 years$378$226$129$72$39$28
45 years$365$215$121$66$35$26
46 years$353$205$114$61$32$23
47 years$342$196$107$56$29$21
48 years$331$187$101$52$26$19
49 years$320$178$95$48$24$17
50 years$310$170$89$45$22$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $318,000, adding $5,750 every year, while hoping to spend $22,227 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: 87/8/5 Blend
34$318,000$318,000$318,000$318,000
35$356,367$339,513$334,584$386,885
36$369,067$332,500$322,143$400,621
37$382,318$324,398$308,541$412,012
38$396,151$315,131$293,714$423,803
39$410,604$304,617$277,598$436,019
40$425,712$292,770$260,125$448,684
41$441,518$279,500$241,223$461,827
42$458,067$264,709$220,818$475,480
43$475,406$248,296$198,831$489,675
44$493,589$230,154$175,183$504,450
45$512,671$210,167$149,788$519,845
46$532,715$188,217$122,557$535,905
47$553,787$164,175$93,398$552,680
48$575,961$137,907$62,215$570,222
49$599,316$109,271$28,906$588,591
50$623,938$78,118$0$607,851
51$649,922$44,287$0$628,429
52$677,370$7,613$0$651,717
53$706,394$0$0$676,265
54$737,116$0$0$704,997
55$769,670$0$0$736,154
56$804,201$0$0$769,205
57$840,870$0$0$804,304
58$879,849$0$0$841,616
59$921,331$0$0$881,326
60$965,524$0$0$923,633
61$1,012,657$0$0$968,756
62$1,062,979$0$0$1,016,935
63$1,116,765$0$0$1,068,433
64$1,174,317$0$0$1,123,540
65$1,235,964$0$0$1,182,570
66$1,302,068$0$0$1,245,870
67$1,373,025$0$0$1,313,822
68$1,449,271$0$0$1,386,842
69$1,531,285$0$0$1,465,389
70$1,619,591$0$0$1,549,966
71$1,714,766$0$0$1,641,126
72$1,817,443$0$0$1,739,475
73$1,928,318$0$0$1,845,682
74$2,048,156$0$0$1,960,478
75$2,177,796$0$0$2,084,669
76$2,318,162$0$0$2,219,141
77$2,470,270$0$0$2,364,866
78$2,635,236$0$0$2,522,916
79$2,814,288$0$0$2,694,467
80$3,008,776$0$0$2,880,814
81$3,220,186$0$0$3,083,381
82$3,450,152$0$0$3,303,735
83$3,700,473$0$0$3,543,599
84$3,973,125$0$0$3,804,870
85$4,270,288$0$0$4,089,636
86$4,594,356$0$0$4,400,192
87$4,947,966$0$0$4,739,067
88$5,334,022$0$0$5,109,045
89$5,755,718$0$0$5,513,188
90$6,216,573$0$0$5,954,869
91$6,720,458$0$0$6,437,800
92$7,271,639$0$0$6,966,069
93$7,874,809$0$0$7,544,178
94$8,535,139$0$0$8,177,083
95$9,258,320$0$0$8,870,240
96$10,050,624$0$0$9,629,662
97$10,918,953$0$0$10,461,966
98$11,870,911$0$0$11,374,442
99$12,914,872$0$0$12,375,120
100$14,060,062$0$0$13,472,842