Can I retire at age 35 with 1,590,000?

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 $1,590,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$131,301$130,131$128,990$127,876$126,789$124,127
2 years$65,000$63,790$62,617$61,479$60,376$57,707
3 years$42,903$41,687$40,517$39,390$38,305$35,712
4 years$31,857$30,645$29,486$28,378$27,319$24,822
5 years$25,231$24,026$22,882$21,797$20,768$18,374
6 years$20,815$19,619$18,492$17,432$16,433$14,144
7 years$17,662$16,476$15,367$14,331$13,364$11,182
8 years$15,298$14,123$13,033$12,022$11,087$9,010
9 years$13,460$12,296$11,225$10,240$9,337$7,363
10 years$11,991$10,839$9,786$8,827$7,955$6,084
11 years$10,790$9,649$8,616$7,682$6,842$5,070
12 years$9,790$8,661$7,646$6,738$5,929$4,254
13 years$8,944$7,827$6,831$5,949$5,170$3,589
14 years$8,220$7,114$6,138$5,281$4,532$3,042
15 years$7,593$6,499$5,542$4,710$3,991$2,587
16 years$7,044$5,963$5,024$4,217$3,527$2,208
17 years$6,561$5,491$4,572$3,789$3,127$1,889
18 years$6,132$5,074$4,174$3,415$2,781$1,620
19 years$5,749$4,703$3,821$3,085$2,478$1,392
20 years$5,404$4,370$3,507$2,794$2,214$1,197
21 years$5,092$4,071$3,225$2,536$1,981$1,032
22 years$4,810$3,800$2,973$2,306$1,776$890
23 years$4,552$3,554$2,745$2,100$1,594$768
24 years$4,316$3,330$2,538$1,915$1,433$664
25 years$4,099$3,125$2,351$1,749$1,289$574
26 years$3,900$2,937$2,180$1,599$1,161$497
27 years$3,715$2,764$2,025$1,464$1,047$430
28 years$3,544$2,604$1,882$1,341$945$373
29 years$3,385$2,457$1,752$1,230$853$323
30 years$3,237$2,320$1,632$1,129$771$280
31 years$3,098$2,193$1,521$1,037$697$243
32 years$2,969$2,075$1,419$953$630$211
33 years$2,847$1,965$1,325$876$570$183
34 years$2,734$1,863$1,238$806$517$158
35 years$2,626$1,767$1,158$742$468$138
36 years$2,525$1,677$1,083$683$424$119
37 years$2,430$1,593$1,014$630$384$104
38 years$2,340$1,514$949$580$348$90
39 years$2,255$1,439$889$535$316$78
40 years$2,174$1,369$833$494$286$68
41 years$2,097$1,304$782$455$260$59
42 years$2,024$1,241$733$420$236$51
43 years$1,955$1,183$688$388$214$44
44 years$1,889$1,128$646$358$194$39
45 years$1,826$1,075$606$331$176$34
46 years$1,766$1,026$569$306$160$29
47 years$1,709$979$535$282$145$25
48 years$1,655$934$503$261$132$22
49 years$1,602$892$473$241$120$19
50 years$1,552$852$444$223$109$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,590,000, adding $5,262 every year, while hoping to spend $23,126 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: 42/36/22 Blend
34$1,590,000$1,590,000$1,590,000$1,590,000
35$1,757,608$1,673,338$1,648,693$1,819,905
36$1,912,278$1,730,725$1,679,318$1,922,166
37$2,081,949$1,790,150$1,710,194$2,030,211
38$2,268,128$1,851,687$1,741,305$2,146,748
39$2,472,471$1,915,414$1,772,634$2,272,572
40$2,696,808$1,981,414$1,804,161$2,408,554
41$2,943,149$2,049,770$1,835,867$2,555,653
42$3,213,712$2,120,570$1,867,731$2,714,923
43$3,510,938$2,193,906$1,899,728$2,887,525
44$3,837,519$2,269,873$1,931,833$3,074,733
45$4,196,418$2,348,568$1,964,022$3,277,950
46$4,590,899$2,430,095$1,996,263$3,498,720
47$5,024,561$2,514,560$2,028,528$3,738,741
48$5,501,366$2,602,073$2,060,784$3,999,882
49$6,025,681$2,692,750$2,092,995$4,284,199
50$6,602,315$2,786,710$2,125,126$4,593,956
51$7,236,570$2,884,077$2,157,137$4,931,644
52$7,934,285$2,984,982$2,188,985$5,300,005
53$8,701,894$3,089,557$2,220,628$5,702,058
54$9,546,485$3,197,944$2,252,017$6,141,126
55$10,475,871$3,310,287$2,283,103$6,620,868
56$11,498,656$3,426,738$2,313,834$7,145,312
57$12,624,324$3,547,453$2,344,153$7,718,895
58$13,863,324$3,672,597$2,374,001$8,346,500
59$15,227,168$3,802,340$2,403,315$9,033,507
60$16,728,543$3,936,858$2,432,029$9,785,839
61$18,381,426$4,076,336$2,460,074$10,610,019
62$20,201,221$4,220,965$2,487,376$11,513,232
63$22,204,898$4,370,945$2,513,856$12,503,391
64$24,411,160$4,526,484$2,539,432$13,589,212
65$26,840,613$4,687,797$2,564,018$14,780,294
66$29,515,966$4,855,109$2,587,523$16,087,211
67$32,462,239$5,028,654$2,609,849$17,521,611
68$35,707,004$5,208,675$2,630,897$19,096,325
69$39,280,645$5,395,426$2,650,558$20,825,486
70$43,216,640$5,589,172$2,668,721$22,724,664
71$47,551,882$5,790,186$2,685,268$24,811,011
72$52,327,024$5,998,754$2,700,074$27,103,424
73$57,586,863$6,215,176$2,713,009$29,622,719
74$63,380,763$6,439,760$2,723,935$32,391,830
75$69,763,123$6,672,830$2,732,709$35,436,023
76$76,793,885$6,914,722$2,739,178$38,783,137
77$84,539,105$7,165,787$2,743,184$42,463,840
78$93,071,573$7,426,391$2,744,561$46,511,922
79$102,471,502$7,696,912$2,743,132$50,964,613
80$112,827,282$7,977,747$2,738,713$55,862,932
81$124,236,318$8,269,310$2,731,113$61,252,074
82$136,805,946$8,572,030$2,720,129$67,181,834
83$150,654,448$8,886,355$2,705,549$73,707,081
84$165,912,168$9,212,752$2,687,151$80,888,267
85$182,722,741$9,551,709$2,664,702$88,792,005
86$201,244,449$9,903,731$2,637,958$97,491,690
87$221,651,717$10,269,348$2,606,664$107,068,194
88$244,136,757$10,649,111$2,570,552$117,610,628
89$268,911,382$11,043,594$2,529,342$129,217,183
90$296,209,009$11,453,396$2,482,741$141,996,050
91$326,286,857$11,879,141$2,430,442$156,066,449
92$359,428,378$12,321,481$2,372,123$171,559,745
93$395,945,932$12,781,093$2,307,449$188,620,692
94$436,183,737$13,258,686$2,236,068$207,408,794
95$480,521,114$13,754,997$2,157,612$228,099,812
96$529,376,073$14,270,797$2,071,697$250,887,421
97$583,209,254$14,806,888$1,977,921$275,985,036
98$642,528,279$15,364,107$1,875,863$303,627,826
99$707,892,544$15,943,328$1,765,084$334,074,931
100$779,918,494$16,545,462$1,645,125$367,611,907