Can I retire at age 35 with 590,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $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%18.7%
1 years$48,722$48,288$47,864$47,451$47,047$45,396
2 years$24,120$23,670$23,235$22,813$22,404$20,757
3 years$15,920$15,469$15,035$14,616$14,214$12,624
4 years$11,821$11,371$10,941$10,530$10,137$8,617
5 years$9,362$8,915$8,491$8,088$7,706$6,258
6 years$7,724$7,280$6,862$6,468$6,098$4,724
7 years$6,554$6,114$5,702$5,318$4,959$3,659
8 years$5,677$5,241$4,836$4,461$4,114$2,886
9 years$4,995$4,563$4,165$3,800$3,465$2,308
10 years$4,450$4,022$3,631$3,276$2,952$1,865
11 years$4,004$3,580$3,197$2,851$2,539$1,518
12 years$3,633$3,214$2,837$2,500$2,200$1,244
13 years$3,319$2,904$2,535$2,208$1,919$1,024
14 years$3,050$2,640$2,278$1,960$1,682$847
15 years$2,817$2,412$2,056$1,748$1,481$702
16 years$2,614$2,213$1,864$1,565$1,309$584
17 years$2,435$2,038$1,697$1,406$1,160$487
18 years$2,275$1,883$1,549$1,267$1,032$407
19 years$2,133$1,745$1,418$1,145$920$340
20 years$2,005$1,622$1,301$1,037$821$285
21 years$1,890$1,510$1,197$941$735$238
22 years$1,785$1,410$1,103$856$659$200
23 years$1,689$1,319$1,018$779$591$168
24 years$1,602$1,236$942$711$532$141
25 years$1,521$1,159$872$649$478$118
26 years$1,447$1,090$809$593$431$100
27 years$1,378$1,026$751$543$389$84
28 years$1,315$966$698$498$351$70
29 years$1,256$912$650$456$317$59
30 years$1,201$861$605$419$286$50
31 years$1,150$814$564$385$259$42
32 years$1,102$770$527$354$234$35
33 years$1,057$729$492$325$212$30
34 years$1,014$691$459$299$192$25
35 years$975$656$430$275$174$21
36 years$937$622$402$254$157$18
37 years$902$591$376$234$143$15
38 years$868$562$352$215$129$13
39 years$837$534$330$199$117$11
40 years$807$508$309$183$106$9
41 years$778$484$290$169$96$8
42 years$751$461$272$156$88$6
43 years$725$439$255$144$79$5
44 years$701$418$240$133$72$5
45 years$678$399$225$123$65$4
46 years$655$381$211$113$59$3
47 years$634$363$199$105$54$3
48 years$614$347$187$97$49$2
49 years$595$331$175$89$45$2
50 years$576$316$165$83$40$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $590,000, adding $3,305 every year, while hoping to spend $35,205 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: 45/30/25 Blend
34$590,000$590,000$590,000$590,000
35$653,589$622,319$613,174$678,152
36$682,797$615,355$596,258$688,893
37$713,805$606,870$577,594$696,859
38$746,758$596,751$557,089$704,802
39$781,817$584,882$534,641$712,739
40$819,157$571,136$510,146$720,690
41$858,970$555,380$483,495$728,682
42$901,466$537,475$454,574$736,743
43$946,876$517,271$423,262$744,911
44$995,451$494,611$389,435$753,230
45$1,047,469$469,329$352,963$761,750
46$1,103,232$441,248$313,709$770,531
47$1,163,075$410,182$271,531$779,644
48$1,227,362$375,934$226,280$789,169
49$1,296,494$338,296$177,802$799,200
50$1,370,912$297,048$125,934$809,843
51$1,451,099$251,958$70,507$821,222
52$1,537,586$202,779$11,344$833,478
53$1,630,957$149,252$0$846,771
54$1,731,853$91,104$0$875,098
55$1,840,978$28,044$0$908,977
56$1,959,107$0$0$945,668
57$2,087,091$0$0$998,771
58$2,225,866$0$0$1,066,449
59$2,376,461$0$0$1,139,953
60$2,540,010$0$0$1,219,842
61$2,717,757$0$0$1,306,735
62$2,911,072$0$0$1,401,308
63$3,121,462$0$0$1,504,309
64$3,350,586$0$0$1,616,557
65$3,600,269$0$0$1,738,957
66$3,872,519$0$0$1,872,504
67$4,169,547$0$0$2,018,292
68$4,493,785$0$0$2,177,526
69$4,847,913$0$0$2,351,534
70$5,234,879$0$0$2,541,775
71$5,657,927$0$0$2,749,857
72$6,120,634$0$0$2,977,552
73$6,626,932$0$0$3,226,809
74$7,181,156$0$0$3,499,775
75$7,788,076$0$0$3,798,813
76$8,452,947$0$0$4,126,529
77$9,181,556$0$0$4,485,790
78$9,980,274$0$0$4,879,753
79$10,856,121$0$0$5,311,897
80$11,816,827$0$0$5,786,054
81$12,870,906$0$0$6,306,444
82$14,027,737$0$0$6,877,715
83$15,297,651$0$0$7,504,988
84$16,692,028$0$0$8,193,904
85$18,223,402$0$0$8,950,677
86$19,905,584$0$0$9,782,152
87$21,753,785$0$0$10,695,871
88$23,784,764$0$0$11,700,140
89$26,016,984$0$0$12,804,114
90$28,470,784$0$0$14,017,876
91$31,168,575$0$0$15,352,536
92$34,135,044$0$0$16,820,333
93$37,397,392$0$0$18,434,754
94$40,985,587$0$0$20,210,656
95$44,932,649$0$0$22,164,409
96$49,274,957$0$0$24,314,053
97$54,052,595$0$0$26,679,459
98$59,309,726$0$0$29,282,526
99$65,095,014$0$0$32,147,381
100$71,462,075$0$0$35,300,610