Can I retire at age 35 with 394,000?

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 $394,000?

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$32,536$32,246$31,964$31,688$31,418$30,860
2 years$16,107$15,807$15,516$15,234$14,961$14,400
3 years$10,631$10,330$10,040$9,761$9,492$8,946
4 years$7,894$7,594$7,307$7,032$6,770$6,243
5 years$6,252$5,954$5,670$5,401$5,146$4,641
6 years$5,158$4,862$4,582$4,320$4,072$3,588
7 years$4,377$4,083$3,808$3,551$3,312$2,849
8 years$3,791$3,500$3,229$2,979$2,747$2,307
9 years$3,335$3,047$2,782$2,538$2,314$1,894
10 years$2,971$2,686$2,425$2,187$1,971$1,573
11 years$2,674$2,391$2,135$1,904$1,695$1,317
12 years$2,426$2,146$1,895$1,670$1,469$1,111
13 years$2,216$1,939$1,693$1,474$1,281$942
14 years$2,037$1,763$1,521$1,309$1,123$803
15 years$1,881$1,610$1,373$1,167$989$687
16 years$1,746$1,478$1,245$1,045$874$589
17 years$1,626$1,361$1,133$939$775$507
18 years$1,520$1,257$1,034$846$689$437
19 years$1,424$1,165$947$765$614$378
20 years$1,339$1,083$869$692$549$327
21 years$1,262$1,009$799$628$491$284
22 years$1,192$942$737$571$440$246
23 years$1,128$881$680$520$395$214
24 years$1,069$825$629$475$355$186
25 years$1,016$774$583$433$319$162
26 years$966$728$540$396$288$141
27 years$921$685$502$363$259$123
28 years$878$645$466$332$234$107
29 years$839$609$434$305$211$93
30 years$802$575$404$280$191$82
31 years$768$544$377$257$173$71
32 years$736$514$352$236$156$62
33 years$706$487$328$217$141$54
34 years$677$462$307$200$128$47
35 years$651$438$287$184$116$41
36 years$626$416$268$169$105$36
37 years$602$395$251$156$95$32
38 years$580$375$235$144$86$28
39 years$559$357$220$133$78$24
40 years$539$339$207$122$71$21
41 years$520$323$194$113$64$18
42 years$502$308$182$104$58$16
43 years$484$293$170$96$53$14
44 years$468$279$160$89$48$12
45 years$453$266$150$82$44$11
46 years$438$254$141$76$40$9
47 years$424$243$133$70$36$8
48 years$410$232$125$65$33$7
49 years$397$221$117$60$30$6
50 years$385$211$110$55$27$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $394,000, adding $3,675 every year, while hoping to spend $22,480 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: 42/50/8 Blend
34$394,000$394,000$394,000$394,000
35$437,979$417,097$410,990$455,197
36$458,734$413,616$400,839$464,078
37$480,853$409,211$389,596$471,129
38$504,451$403,813$377,198$478,249
39$529,654$397,349$363,583$485,454
40$556,601$389,742$348,685$492,762
41$585,444$380,909$332,436$500,195
42$616,348$370,763$314,762$507,778
43$649,498$359,212$295,588$515,540
44$685,093$346,159$274,837$523,519
45$723,352$331,501$252,424$531,753
46$764,519$315,129$228,264$540,292
47$808,856$296,927$202,268$549,189
48$856,657$276,774$174,341$558,507
49$908,240$254,540$144,386$568,320
50$963,957$230,089$112,299$578,710
51$1,024,194$203,276$77,974$589,770
52$1,089,375$173,951$41,300$601,609
53$1,159,967$141,950$2,160$614,348
54$1,236,484$107,105$0$628,126
55$1,319,488$69,236$0$646,480
56$1,409,600$28,153$0$666,623
57$1,507,503$0$0$688,580
58$1,613,947$0$0$721,580
59$1,729,757$0$0$774,381
60$1,855,843$0$0$831,913
61$1,993,203$0$0$894,636
62$2,142,938$0$0$963,061
63$2,306,259$0$0$1,037,746
64$2,484,498$0$0$1,119,307
65$2,679,121$0$0$1,208,422
66$2,891,744$0$0$1,305,837
67$3,124,144$0$0$1,412,375
68$3,378,279$0$0$1,528,940
69$3,656,302$0$0$1,656,529
70$3,960,587$0$0$1,796,238
71$4,293,747$0$0$1,949,276
72$4,658,658$0$0$2,116,973
73$5,058,489$0$0$2,300,795
74$5,496,729$0$0$2,502,355
75$5,977,221$0$0$2,723,430
76$6,504,197$0$0$2,965,980
77$7,082,321$0$0$3,232,159
78$7,716,726$0$0$3,524,344
79$8,413,068$0$0$3,845,150
80$9,177,578$0$0$4,197,460
81$10,017,120$0$0$4,584,449
82$10,939,252$0$0$5,009,615
83$11,952,304$0$0$5,476,810
84$13,065,451$0$0$5,990,281
85$14,288,800$0$0$6,554,702
86$15,633,487$0$0$7,175,227
87$17,111,779$0$0$7,857,532
88$18,737,194$0$0$8,607,870
89$20,524,621$0$0$9,433,133
90$22,490,467$0$0$10,340,911
91$24,652,807$0$0$11,339,568
92$27,031,559$0$0$12,438,321
93$29,648,664$0$0$13,647,324
94$32,528,300$0$0$14,977,764
95$35,697,107$0$0$16,441,969
96$39,184,436$0$0$18,053,522
97$43,022,628$0$0$19,827,389
98$47,247,319$0$0$21,780,061
99$51,897,776$0$0$23,929,710
100$57,017,262$0$0$26,296,357