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%13.6%
1 years$131,301$130,131$128,990$127,876$126,789$124,894
2 years$65,000$63,790$62,617$61,479$60,376$58,471
3 years$42,903$41,687$40,517$39,390$38,305$36,450
4 years$31,857$30,645$29,486$28,378$27,319$25,528
5 years$25,231$24,026$22,882$21,797$20,768$19,045
6 years$20,815$19,619$18,492$17,432$16,433$14,781
7 years$17,662$16,476$15,367$14,331$13,364$11,784
8 years$15,298$14,123$13,033$12,022$11,087$9,577
9 years$13,460$12,296$11,225$10,240$9,337$7,898
10 years$11,991$10,839$9,786$8,827$7,955$6,586
11 years$10,790$9,649$8,616$7,682$6,842$5,540
12 years$9,790$8,661$7,646$6,738$5,929$4,694
13 years$8,944$7,827$6,831$5,949$5,170$3,999
14 years$8,220$7,114$6,138$5,281$4,532$3,424
15 years$7,593$6,499$5,542$4,710$3,991$2,943
16 years$7,044$5,963$5,024$4,217$3,527$2,538
17 years$6,561$5,491$4,572$3,789$3,127$2,195
18 years$6,132$5,074$4,174$3,415$2,781$1,903
19 years$5,749$4,703$3,821$3,085$2,478$1,653
20 years$5,404$4,370$3,507$2,794$2,214$1,438
21 years$5,092$4,071$3,225$2,536$1,981$1,253
22 years$4,810$3,800$2,973$2,306$1,776$1,094
23 years$4,552$3,554$2,745$2,100$1,594$955
24 years$4,316$3,330$2,538$1,915$1,433$835
25 years$4,099$3,125$2,351$1,749$1,289$731
26 years$3,900$2,937$2,180$1,599$1,161$640
27 years$3,715$2,764$2,025$1,464$1,047$561
28 years$3,544$2,604$1,882$1,341$945$492
29 years$3,385$2,457$1,752$1,230$853$432
30 years$3,237$2,320$1,632$1,129$771$379
31 years$3,098$2,193$1,521$1,037$697$332
32 years$2,969$2,075$1,419$953$630$292
33 years$2,847$1,965$1,325$876$570$257
34 years$2,734$1,863$1,238$806$517$225
35 years$2,626$1,767$1,158$742$468$198
36 years$2,525$1,677$1,083$683$424$174
37 years$2,430$1,593$1,014$630$384$153
38 years$2,340$1,514$949$580$348$135
39 years$2,255$1,439$889$535$316$118
40 years$2,174$1,369$833$494$286$104
41 years$2,097$1,304$782$455$260$92
42 years$2,024$1,241$733$420$236$81
43 years$1,955$1,183$688$388$214$71
44 years$1,889$1,128$646$358$194$62
45 years$1,826$1,075$606$331$176$55
46 years$1,766$1,026$569$306$160$48
47 years$1,709$979$535$282$145$42
48 years$1,655$934$503$261$132$37
49 years$1,602$892$473$241$120$33
50 years$1,552$852$444$223$109$29

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 $6,018 every year, while hoping to spend $51,951 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: 61/32/7 Blend
34$1,590,000$1,590,000$1,590,000$1,590,000
35$1,758,388$1,674,118$1,649,473$1,862,824
36$1,882,468$1,700,874$1,649,454$1,960,147
37$2,017,463$1,727,200$1,647,695$2,059,743
38$2,164,431$1,753,020$1,644,080$2,167,088
39$2,324,538$1,778,253$1,638,491$2,282,930
40$2,499,065$1,802,811$1,630,804$2,408,091
41$2,689,422$1,826,601$1,620,889$2,543,480
42$2,897,162$1,849,524$1,608,608$2,690,096
43$3,123,995$1,871,473$1,593,818$2,849,044
44$3,371,801$1,892,334$1,576,370$3,021,538
45$3,642,652$1,911,986$1,556,106$3,208,919
46$3,938,828$1,930,298$1,532,861$3,412,665
47$4,262,840$1,947,134$1,506,463$3,634,404
48$4,617,451$1,962,346$1,476,731$3,875,933
49$5,005,707$1,975,777$1,443,478$4,139,232
50$5,430,959$1,987,260$1,406,504$4,426,484
51$5,896,899$1,996,618$1,365,604$4,740,096
52$6,407,593$2,003,661$1,320,562$5,082,723
53$6,967,517$2,008,190$1,271,150$5,457,290
54$7,581,603$2,009,991$1,217,133$5,867,024
55$8,255,284$2,008,838$1,158,264$6,315,484
56$8,994,540$2,004,489$1,094,284$6,806,591
57$9,805,964$1,996,689$1,024,923$7,344,669
58$10,696,813$1,985,168$949,898$7,934,489
59$11,675,084$1,969,637$868,916$8,581,306
60$12,749,585$1,949,792$781,667$9,290,919
61$13,930,020$1,925,309$687,830$10,069,718
62$15,227,079$1,895,846$587,069$10,924,751
63$16,652,538$1,861,039$479,033$11,863,786
64$18,219,371$1,820,504$363,355$12,895,389
65$19,941,871$1,773,834$239,652$14,029,006
66$21,835,787$1,720,596$107,525$15,275,048
67$23,918,467$1,660,335$0$16,644,995
68$26,209,027$1,592,568$0$18,154,003
69$28,728,526$1,516,782$0$19,822,258
70$31,500,169$1,432,437$0$21,657,138
71$34,549,521$1,338,962$0$23,675,635
72$37,904,752$1,235,751$0$25,896,483
73$41,596,899$1,122,164$0$28,340,331
74$45,660,159$997,527$0$31,029,941
75$50,132,213$861,124$0$33,990,402
76$55,054,581$712,201$0$37,249,372
77$60,473,010$549,961$0$40,837,335
78$66,437,909$373,561$0$44,787,894
79$73,004,822$182,111$0$49,138,090
80$80,234,953$0$0$53,928,748
81$88,195,742$0$0$59,213,789
82$96,961,501$0$0$65,104,004
83$106,614,117$0$0$71,590,308
84$117,243,819$0$0$78,733,354
85$128,950,036$0$0$86,599,978
86$141,842,327$0$0$95,263,826
87$156,041,424$0$0$104,806,052
88$171,680,360$0$0$115,316,082
89$188,905,733$0$0$126,892,459
90$207,879,085$0$0$139,643,773
91$228,778,425$0$0$153,689,681
92$251,799,911$0$0$169,162,042
93$277,159,701$0$0$186,206,159
94$305,095,989$0$0$204,982,147
95$335,871,258$0$0$225,666,450
96$369,774,752$0$0$248,453,499
97$407,125,208$0$0$273,557,553
98$448,273,863$0$0$301,214,718
99$493,607,771$0$0$331,685,173
100$543,553,451$0$0$365,255,631