Can I retire at age 55 with 1,450,000?

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 $1,450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$119,740$118,673$117,632$116,617$115,625$114,086
2 years$59,277$58,173$57,103$56,066$55,060$53,511
3 years$39,125$38,017$36,950$35,922$34,932$33,423
4 years$29,052$27,946$26,890$25,880$24,914$23,455
5 years$23,009$21,910$20,868$19,878$18,939$17,535
6 years$18,982$17,891$16,864$15,897$14,986$13,639
7 years$16,106$15,025$14,014$13,070$12,188$10,897
8 years$13,951$12,879$11,885$10,964$10,111$8,878
9 years$12,275$11,214$10,237$9,339$8,515$7,338
10 years$10,935$9,884$8,925$8,050$7,255$6,134
11 years$9,840$8,799$7,857$7,006$6,239$5,173
12 years$8,928$7,898$6,973$6,145$5,407$4,394
13 years$8,156$7,137$6,230$5,425$4,715$3,754
14 years$7,496$6,488$5,598$4,816$4,133$3,222
15 years$6,924$5,927$5,054$4,295$3,639$2,777
16 years$6,424$5,438$4,582$3,846$3,216$2,402
17 years$5,983$5,008$4,169$3,455$2,852$2,083
18 years$5,592$4,627$3,806$3,114$2,536$1,811
19 years$5,242$4,289$3,484$2,814$2,260$1,578
20 years$4,928$3,985$3,198$2,548$2,019$1,377
21 years$4,644$3,712$2,941$2,313$1,807$1,203
22 years$4,386$3,465$2,711$2,103$1,619$1,053
23 years$4,151$3,241$2,503$1,915$1,454$923
24 years$3,936$3,036$2,315$1,747$1,307$810
25 years$3,738$2,850$2,144$1,595$1,176$711
26 years$3,556$2,678$1,989$1,459$1,059$624
27 years$3,388$2,520$1,846$1,335$955$549
28 years$3,232$2,375$1,717$1,223$862$483
29 years$3,087$2,241$1,597$1,122$778$425
30 years$2,952$2,116$1,488$1,029$703$374
31 years$2,825$2,000$1,387$945$635$330
32 years$2,707$1,893$1,294$869$575$290
33 years$2,597$1,792$1,208$799$520$256
34 years$2,493$1,699$1,129$735$471$226
35 years$2,395$1,611$1,056$677$427$199
36 years$2,303$1,529$988$623$387$176
37 years$2,216$1,453$924$574$350$155
38 years$2,134$1,380$866$529$318$137
39 years$2,056$1,313$811$488$288$121
40 years$1,982$1,249$760$450$261$106
41 years$1,912$1,189$713$415$237$94
42 years$1,846$1,132$669$383$215$83
43 years$1,783$1,079$627$354$195$73
44 years$1,723$1,028$589$327$177$65
45 years$1,666$981$553$302$161$57
46 years$1,611$935$519$279$146$50
47 years$1,559$893$488$257$133$44
48 years$1,509$852$458$238$120$39
49 years$1,461$814$431$220$109$35
50 years$1,416$777$405$203$99$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $1,450,000, adding $5,167 every year, while hoping to spend $25,980 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: 39/34/27 Blend
54$1,450,000$1,450,000$1,450,000$1,450,000
55$1,603,230$1,526,380$1,503,905$1,652,743
56$1,739,117$1,573,530$1,526,643$1,736,465
57$1,887,993$1,622,120$1,549,272$1,824,151
58$2,051,157$1,672,192$1,571,762$1,918,469
59$2,230,037$1,723,792$1,594,078$2,020,039
60$2,426,208$1,776,964$1,616,186$2,129,545
61$2,641,402$1,831,756$1,638,049$2,247,739
62$2,877,528$1,888,216$1,659,627$2,375,446
63$3,136,691$1,946,393$1,680,880$2,513,578
64$3,421,207$2,006,340$1,701,763$2,663,136
65$3,733,628$2,068,108$1,722,229$2,825,222
66$4,076,764$2,131,751$1,742,230$3,001,051
67$4,453,713$2,197,326$1,761,713$3,191,958
68$4,867,885$2,264,889$1,780,625$3,399,416
69$5,323,040$2,334,499$1,798,906$3,625,044
70$5,823,318$2,406,217$1,816,497$3,870,626
71$6,373,280$2,480,105$1,833,334$4,138,128
72$6,977,952$2,556,228$1,849,347$4,429,712
73$7,642,869$2,634,649$1,864,467$4,747,764
74$8,374,133$2,715,439$1,878,618$5,094,906
75$9,178,465$2,798,665$1,891,722$5,474,031
76$10,063,268$2,884,400$1,903,694$5,888,324
77$11,036,703$2,972,716$1,914,449$6,341,293
78$12,107,757$3,063,690$1,923,894$6,836,802
79$13,286,337$3,157,399$1,931,933$7,379,110
80$14,583,354$3,253,923$1,938,464$7,972,907
81$16,010,835$3,353,344$1,943,381$8,623,361
82$17,582,028$3,455,745$1,946,571$9,336,165
83$19,311,532$3,561,214$1,947,919$10,117,592
84$21,215,434$3,669,839$1,947,300$10,974,552
85$23,311,459$3,781,712$1,944,585$11,914,660
86$25,619,138$3,896,926$1,939,639$12,946,307
87$28,159,992$4,015,578$1,932,319$14,078,736
88$30,957,736$4,137,766$1,922,477$15,322,133
89$34,038,501$4,263,593$1,909,956$16,687,721
90$37,431,081$4,393,161$1,894,592$18,187,868
91$41,167,205$4,526,580$1,876,214$19,836,199
92$45,281,835$4,663,957$1,854,643$21,647,731
93$49,813,498$4,805,407$1,829,689$23,639,010
94$54,804,647$4,951,045$1,801,156$25,828,267
95$60,302,065$5,100,989$1,768,838$28,235,593
96$66,357,300$5,255,362$1,732,519$30,883,127
97$73,027,158$5,414,288$1,691,972$33,795,264
98$80,374,236$5,577,897$1,646,961$36,998,888
99$88,467,513$5,746,319$1,597,240$40,523,621
100$97,383,001$5,919,689$1,542,548$44,402,108