Can I retire at age 35 with 388,000?

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 $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%15.9%
1 years$32,041$31,755$31,477$31,205$30,940$30,192
2 years$15,862$15,566$15,280$15,002$14,733$13,984
3 years$10,469$10,173$9,887$9,612$9,347$8,621
4 years$7,774$7,478$7,195$6,925$6,667$5,968
5 years$6,157$5,863$5,584$5,319$5,068$4,399
6 years$5,079$4,787$4,513$4,254$4,010$3,372
7 years$4,310$4,021$3,750$3,497$3,261$2,653
8 years$3,733$3,446$3,180$2,934$2,705$2,128
9 years$3,285$3,001$2,739$2,499$2,278$1,731
10 years$2,926$2,645$2,388$2,154$1,941$1,423
11 years$2,633$2,355$2,102$1,875$1,670$1,180
12 years$2,389$2,113$1,866$1,644$1,447$985
13 years$2,183$1,910$1,667$1,452$1,262$826
14 years$2,006$1,736$1,498$1,289$1,106$697
15 years$1,853$1,586$1,352$1,149$974$589
16 years$1,719$1,455$1,226$1,029$861$500
17 years$1,601$1,340$1,116$925$763$425
18 years$1,496$1,238$1,018$833$679$363
19 years$1,403$1,148$932$753$605$310
20 years$1,319$1,066$856$682$540$265
21 years$1,243$993$787$619$483$227
22 years$1,174$927$725$563$433$194
23 years$1,111$867$670$512$389$167
24 years$1,053$813$619$467$350$143
25 years$1,000$763$574$427$315$123
26 years$952$717$532$390$283$106
27 years$907$674$494$357$255$91
28 years$865$636$459$327$231$78
29 years$826$600$427$300$208$67
30 years$790$566$398$275$188$58
31 years$756$535$371$253$170$50
32 years$724$506$346$233$154$43
33 years$695$480$323$214$139$37
34 years$667$455$302$197$126$32
35 years$641$431$282$181$114$28
36 years$616$409$264$167$103$24
37 years$593$389$247$154$94$21
38 years$571$369$232$142$85$18
39 years$550$351$217$131$77$15
40 years$530$334$203$120$70$13
41 years$512$318$191$111$63$11
42 years$494$303$179$103$58$10
43 years$477$289$168$95$52$8
44 years$461$275$158$87$47$7
45 years$446$262$148$81$43$6
46 years$431$250$139$75$39$5
47 years$417$239$131$69$35$5
48 years$404$228$123$64$32$4
49 years$391$218$115$59$29$3
50 years$379$208$108$54$27$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $388,000, adding $2,184 every year, while hoping to spend $26,982 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: 58/25/17 Blend
34$388,000$388,000$388,000$388,000
35$429,829$409,265$403,251$452,735
36$444,963$400,610$388,051$459,855
37$460,736$390,627$371,438$464,469
38$477,185$379,222$353,335$468,883
39$494,350$366,296$333,664$473,082
40$512,273$351,744$312,341$477,052
41$531,001$335,455$289,280$480,778
42$550,583$317,312$264,391$484,244
43$571,073$297,191$237,579$487,437
44$592,529$274,960$208,744$490,342
45$615,015$250,481$177,785$492,944
46$638,599$223,607$144,594$495,231
47$663,355$194,183$109,057$497,189
48$689,365$162,046$71,057$498,807
49$716,715$127,021$30,473$500,074
50$745,502$88,927$0$500,980
51$775,829$47,570$0$503,847
52$807,810$2,747$0$512,391
53$841,567$0$0$521,100
54$877,235$0$0$542,589
55$914,961$0$0$566,132
56$954,904$0$0$591,074
57$997,241$0$0$617,527
58$1,042,161$0$0$645,612
59$1,089,874$0$0$675,463
60$1,140,608$0$0$707,224
61$1,194,613$0$0$741,055
62$1,252,164$0$0$777,131
63$1,313,559$0$0$815,641
64$1,379,127$0$0$856,796
65$1,449,227$0$0$900,824
66$1,524,256$0$0$947,977
67$1,604,644$0$0$998,530
68$1,690,866$0$0$1,052,787
69$1,783,444$0$0$1,111,078
70$1,882,948$0$0$1,173,769
71$1,990,005$0$0$1,241,259
72$2,105,305$0$0$1,313,988
73$2,229,603$0$0$1,392,437
74$2,363,730$0$0$1,477,139
75$2,508,600$0$0$1,568,673
76$2,665,216$0$0$1,667,682
77$2,834,679$0$0$1,774,868
78$3,018,203$0$0$1,891,005
79$3,217,119$0$0$2,016,944
80$3,432,893$0$0$2,153,620
81$3,667,136$0$0$2,302,061
82$3,921,621$0$0$2,463,400
83$4,198,297$0$0$2,638,881
84$4,499,309$0$0$2,829,875
85$4,827,017$0$0$3,037,886
86$5,184,018$0$0$3,264,576
87$5,573,169$0$0$3,511,767
88$5,997,616$0$0$3,781,469
89$6,460,820$0$0$4,075,893
90$6,966,591$0$0$4,397,474
91$7,519,123$0$0$4,748,889
92$8,123,036$0$0$5,133,089
93$8,783,411$0$0$5,553,321
94$9,505,848$0$0$6,013,162
95$10,296,508$0$0$6,516,549
96$11,162,180$0$0$7,067,818
97$12,110,336$0$0$7,671,743
98$13,149,207$0$0$8,333,584
99$14,287,856$0$0$9,059,131
100$15,536,267$0$0$9,854,763