Can I retire at age 35 with 349,000?

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 $349,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$28,820$28,563$28,313$28,068$27,830$27,620
2 years$14,267$14,002$13,744$13,494$13,252$13,040
3 years$9,417$9,150$8,893$8,646$8,408$8,201
4 years$6,992$6,726$6,472$6,229$5,996$5,796
5 years$5,538$5,274$5,023$4,784$4,558$4,365
6 years$4,569$4,306$4,059$3,826$3,607$3,421
7 years$3,877$3,616$3,373$3,146$2,933$2,755
8 years$3,358$3,100$2,861$2,639$2,434$2,262
9 years$2,955$2,699$2,464$2,248$2,049$1,885
10 years$2,632$2,379$2,148$1,938$1,746$1,589
11 years$2,368$2,118$1,891$1,686$1,502$1,352
12 years$2,149$1,901$1,678$1,479$1,301$1,158
13 years$1,963$1,718$1,499$1,306$1,135$999
14 years$1,804$1,562$1,347$1,159$995$865
15 years$1,667$1,426$1,216$1,034$876$753
16 years$1,546$1,309$1,103$926$774$657
17 years$1,440$1,205$1,004$832$686$576
18 years$1,346$1,114$916$749$610$506
19 years$1,262$1,032$839$677$544$445
20 years$1,186$959$770$613$486$392
21 years$1,118$893$708$557$435$346
22 years$1,056$834$652$506$390$306
23 years$999$780$602$461$350$271
24 years$947$731$557$420$314$241
25 years$900$686$516$384$283$214
26 years$856$645$479$351$255$190
27 years$815$607$444$321$230$169
28 years$778$572$413$294$207$150
29 years$743$539$384$270$187$134
30 years$710$509$358$248$169$119
31 years$680$481$334$228$153$106
32 years$652$456$312$209$138$94
33 years$625$431$291$192$125$84
34 years$600$409$272$177$113$75
35 years$576$388$254$163$103$67
36 years$554$368$238$150$93$60
37 years$533$350$222$138$84$53
38 years$514$332$208$127$76$48
39 years$495$316$195$117$69$43
40 years$477$301$183$108$63$38
41 years$460$286$172$100$57$34
42 years$444$273$161$92$52$30
43 years$429$260$151$85$47$27
44 years$415$247$142$79$43$24
45 years$401$236$133$73$39$22
46 years$388$225$125$67$35$19
47 years$375$215$117$62$32$17
48 years$363$205$110$57$29$15
49 years$352$196$104$53$26$14
50 years$341$187$98$49$24$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $349,000, adding $2,713 every year, while hoping to spend $25,969 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: 41/40/19 Blend
34$349,000$349,000$349,000$349,000
35$387,396$368,899$363,490$401,011
36$399,280$359,345$348,036$401,399
37$411,505$348,451$331,194$399,103
38$424,080$336,127$312,890$396,080
39$437,011$322,272$293,047$392,275
40$450,306$306,783$271,584$387,633
41$463,972$289,550$248,416$382,094
42$478,015$270,455$223,456$375,595
43$492,442$249,377$196,612$368,069
44$507,259$226,185$167,786$359,445
45$522,472$200,741$136,880$349,649
46$538,087$172,899$103,787$338,601
47$554,107$142,507$68,400$326,218
48$570,537$109,401$30,602$312,411
49$587,380$73,410$0$297,086
50$604,638$34,352$0$282,118
51$622,314$0$0$272,176
52$640,406$0$0$264,470
53$658,914$0$0$272,048
54$677,835$0$0$279,789
55$697,165$0$0$287,689
56$716,897$0$0$295,744
57$737,024$0$0$303,951
58$757,535$0$0$312,303
59$778,416$0$0$320,793
60$799,650$0$0$329,413
61$821,218$0$0$338,154
62$843,096$0$0$347,003
63$865,256$0$0$355,947
64$887,666$0$0$364,970
65$910,287$0$0$374,053
66$933,076$0$0$383,177
67$955,983$0$0$392,317
68$978,950$0$0$401,446
69$1,001,912$0$0$410,533
70$1,024,793$0$0$419,544
71$1,047,510$0$0$428,438
72$1,069,967$0$0$437,172
73$1,092,056$0$0$445,695
74$1,113,657$0$0$453,952
75$1,134,632$0$0$461,878
76$1,154,829$0$0$469,405
77$1,174,077$0$0$476,452
78$1,192,185$0$0$482,931
79$1,208,937$0$0$488,745
80$1,224,095$0$0$493,783
81$1,237,393$0$0$497,924
82$1,248,533$0$0$501,031
83$1,257,184$0$0$502,952
84$1,262,978$0$0$503,521
85$1,265,507$0$0$502,549
86$1,264,316$0$0$499,830
87$1,258,899$0$0$495,133
88$1,248,697$0$0$488,203
89$1,233,088$0$0$478,757
90$1,211,383$0$0$466,482
91$1,182,819$0$0$451,029
92$1,146,549$0$0$432,015
93$1,101,637$0$0$409,013
94$1,047,046$0$0$381,553
95$981,626$0$0$349,112
96$904,109$0$0$311,114
97$813,090$0$0$266,923
98$707,015$0$0$215,832
99$584,166$0$0$157,062
100$442,645$0$0$89,754