Can I retire at age 35 with 339,000?

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 $339,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$27,994$27,745$27,502$27,264$27,032$26,672
2 years$13,859$13,600$13,350$13,108$12,873$12,511
3 years$9,147$8,888$8,639$8,398$8,167$7,814
4 years$6,792$6,534$6,287$6,050$5,825$5,484
5 years$5,379$5,122$4,879$4,647$4,428$4,100
6 years$4,438$4,183$3,943$3,717$3,504$3,189
7 years$3,766$3,513$3,276$3,056$2,849$2,548
8 years$3,262$3,011$2,779$2,563$2,364$2,076
9 years$2,870$2,622$2,393$2,183$1,991$1,716
10 years$2,557$2,311$2,086$1,882$1,696$1,434
11 years$2,301$2,057$1,837$1,638$1,459$1,209
12 years$2,087$1,846$1,630$1,437$1,264$1,027
13 years$1,907$1,669$1,456$1,268$1,102$878
14 years$1,752$1,517$1,309$1,126$966$753
15 years$1,619$1,386$1,182$1,004$851$649
16 years$1,502$1,271$1,071$899$752$562
17 years$1,399$1,171$975$808$667$487
18 years$1,307$1,082$890$728$593$423
19 years$1,226$1,003$815$658$528$369
20 years$1,152$932$748$596$472$322
21 years$1,086$868$688$541$422$281
22 years$1,025$810$634$492$379$246
23 years$971$758$585$448$340$216
24 years$920$710$541$408$305$189
25 years$874$666$501$373$275$166
26 years$831$626$465$341$248$146
27 years$792$589$432$312$223$128
28 years$756$555$401$286$201$113
29 years$722$524$373$262$182$99
30 years$690$495$348$241$164$87
31 years$661$468$324$221$149$77
32 years$633$442$303$203$134$68
33 years$607$419$283$187$122$60
34 years$583$397$264$172$110$53
35 years$560$377$247$158$100$47
36 years$538$358$231$146$90$41
37 years$518$340$216$134$82$36
38 years$499$323$202$124$74$32
39 years$481$307$190$114$67$28
40 years$463$292$178$105$61$25
41 years$447$278$167$97$55$22
42 years$432$265$156$90$50$19
43 years$417$252$147$83$46$17
44 years$403$240$138$76$41$15
45 years$389$229$129$71$38$13
46 years$377$219$121$65$34$12
47 years$364$209$114$60$31$10
48 years$353$199$107$56$28$9
49 years$342$190$101$51$26$8
50 years$331$182$95$48$23$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $339,000, adding $2,116 every year, while hoping to spend $25,491 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: 62/18/20 Blend
34$339,000$339,000$339,000$339,000
35$375,761$357,794$352,539$396,991
36$386,966$348,203$337,227$401,979
37$398,460$337,289$320,548$404,391
38$410,245$324,958$302,428$406,439
39$422,323$311,114$282,792$408,090
40$434,696$295,654$261,562$409,310
41$447,363$278,470$238,652$410,061
42$460,325$259,445$213,978$410,303
43$473,579$238,460$187,447$409,994
44$487,124$215,384$158,967$409,088
45$500,956$190,083$128,437$407,537
46$515,069$162,413$95,756$405,288
47$529,457$132,222$60,814$402,287
48$544,111$99,349$23,501$398,474
49$559,019$63,627$0$393,786
50$574,170$24,876$0$391,636
51$589,547$0$0$394,049
52$605,133$0$0$399,340
53$620,904$0$0$409,671
54$636,837$0$0$420,099
55$652,903$0$0$430,602
56$669,066$0$0$441,158
57$685,290$0$0$451,739
58$701,530$0$0$462,316
59$717,736$0$0$472,853
60$733,851$0$0$483,312
61$749,812$0$0$493,647
62$765,546$0$0$503,809
63$780,971$0$0$513,742
64$795,995$0$0$523,382
65$810,517$0$0$532,659
66$824,419$0$0$541,492
67$837,573$0$0$549,793
68$849,834$0$0$557,463
69$861,041$0$0$564,390
70$871,013$0$0$570,450
71$879,550$0$0$575,506
72$886,429$0$0$579,404
73$891,399$0$0$581,974
74$894,185$0$0$583,025
75$894,480$0$0$582,347
76$891,940$0$0$579,704
77$886,187$0$0$574,838
78$876,801$0$0$567,460
79$863,314$0$0$557,249
80$845,209$0$0$543,853
81$821,914$0$0$526,877
82$792,793$0$0$505,888
83$757,143$0$0$480,403
84$714,187$0$0$449,892
85$663,064$0$0$413,763
86$602,821$0$0$371,366
87$532,405$0$0$321,979
88$450,652$0$0$264,806
89$356,275$0$0$198,966
90$247,849$0$0$123,485
91$123,805$0$0$37,288
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