Can I retire at age 55 with 1,750,000?

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 $1,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$144,513$143,226$141,970$140,744$139,547$137,975
2 years$71,541$70,209$68,918$67,666$66,451$64,869
3 years$47,220$45,882$44,594$43,354$42,159$40,615
4 years$35,062$33,728$32,453$31,234$30,068$28,575
5 years$27,769$26,443$25,185$23,991$22,858$21,419
6 years$22,909$21,593$20,353$19,186$18,086$16,704
7 years$19,439$18,134$16,914$15,774$14,709$13,384
8 years$16,837$15,544$14,344$13,232$12,203$10,935
9 years$14,815$13,534$12,355$11,271$10,276$9,065
10 years$13,198$11,929$10,771$9,716$8,756$7,600
11 years$11,876$10,620$9,483$8,455$7,530$6,430
12 years$10,775$9,532$8,416$7,417$6,526$5,479
13 years$9,844$8,614$7,519$6,548$5,691$4,696
14 years$9,047$7,830$6,756$5,812$4,988$4,044
15 years$8,357$7,153$6,099$5,184$4,392$3,498
16 years$7,753$6,563$5,530$4,641$3,882$3,035
17 years$7,221$6,044$5,032$4,170$3,442$2,642
18 years$6,749$5,585$4,594$3,758$3,060$2,305
19 years$6,327$5,176$4,205$3,396$2,728$2,015
20 years$5,948$4,810$3,859$3,076$2,436$1,765
21 years$5,605$4,480$3,550$2,791$2,180$1,549
22 years$5,294$4,182$3,272$2,538$1,954$1,361
23 years$5,010$3,911$3,021$2,311$1,754$1,197
24 years$4,750$3,665$2,794$2,108$1,577$1,054
25 years$4,512$3,439$2,588$1,925$1,419$929
26 years$4,292$3,232$2,400$1,760$1,278$819
27 years$4,089$3,042$2,229$1,611$1,152$723
28 years$3,900$2,866$2,072$1,476$1,040$639
29 years$3,725$2,704$1,928$1,354$939$564
30 years$3,562$2,554$1,796$1,242$848$499
31 years$3,410$2,414$1,674$1,141$767$441
32 years$3,268$2,284$1,562$1,049$694$390
33 years$3,134$2,163$1,458$964$628$346
34 years$3,009$2,050$1,363$887$568$306
35 years$2,891$1,945$1,274$817$515$271
36 years$2,779$1,846$1,192$752$467$240
37 years$2,674$1,753$1,116$693$423$213
38 years$2,575$1,666$1,045$639$383$188
39 years$2,481$1,584$979$589$348$167
40 years$2,393$1,507$917$543$315$148
41 years$2,308$1,435$860$501$286$131
42 years$2,228$1,366$807$463$260$116
43 years$2,152$1,302$757$427$236$103
44 years$2,079$1,241$711$394$214$91
45 years$2,010$1,183$667$364$194$81
46 years$1,944$1,129$627$336$176$72
47 years$1,881$1,077$589$311$160$64
48 years$1,821$1,028$553$287$145$57
49 years$1,764$982$520$265$132$50
50 years$1,709$938$489$245$120$45

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $1,750,000, adding $4,582 every year, while hoping to spend $47,378 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: 75/20/5 Blend
54$1,750,000$1,750,000$1,750,000$1,750,000
55$1,933,226$1,840,476$1,813,351$2,077,233
56$2,080,006$1,880,250$1,823,689$2,212,275
57$2,240,168$1,920,384$1,832,785$2,353,679
58$2,415,030$1,960,848$1,840,547$2,507,237
59$2,606,038$2,001,604$1,846,880$2,674,132
60$2,814,786$2,042,615$1,851,683$2,855,667
61$3,043,028$2,083,837$1,854,849$3,053,280
62$3,292,697$2,125,225$1,856,266$3,268,551
63$3,565,920$2,166,729$1,855,819$3,503,222
64$3,865,038$2,208,293$1,853,383$3,759,211
65$4,192,632$2,249,859$1,848,831$4,038,632
66$4,551,541$2,291,362$1,842,027$4,343,810
67$4,944,893$2,332,734$1,832,830$4,677,311
68$5,376,133$2,373,900$1,821,092$5,041,958
69$5,849,057$2,414,778$1,806,656$5,440,862
70$6,367,842$2,455,284$1,789,360$5,877,451
71$6,937,091$2,495,322$1,769,033$6,355,501
72$7,561,876$2,534,795$1,745,497$6,879,173
73$8,247,781$2,573,593$1,718,565$7,453,051
74$9,000,957$2,611,602$1,688,040$8,082,185
75$9,828,183$2,648,698$1,653,717$8,772,140
76$10,736,923$2,684,750$1,615,382$9,529,048
77$11,735,402$2,719,615$1,572,810$10,359,666
78$12,832,680$2,753,144$1,525,766$11,271,437
79$14,038,739$2,785,173$1,474,005$12,272,567
80$15,364,575$2,815,532$1,417,269$13,372,093
81$16,822,304$2,844,035$1,355,290$14,579,977
82$18,425,274$2,870,487$1,287,787$15,907,196
83$20,188,189$2,894,679$1,214,465$17,365,846
84$22,127,254$2,916,388$1,135,019$18,969,254
85$24,260,319$2,935,376$1,049,128$20,732,111
86$26,607,054$2,951,392$956,456$22,670,602
87$29,189,129$2,964,166$856,653$24,802,564
88$32,030,423$2,973,412$749,353$27,147,654
89$35,157,245$2,978,828$634,175$29,727,533
90$38,598,583$2,980,091$510,720$32,566,074
91$42,386,381$2,976,857$378,571$35,689,582
92$46,555,832$2,968,763$237,293$39,127,048
93$51,145,717$2,955,423$86,433$42,910,420
94$56,198,768$2,936,426$0$47,074,906
95$61,762,070$2,911,339$0$51,663,283
96$67,887,506$2,879,700$0$56,719,512
97$74,632,247$2,841,020$0$62,286,124
98$82,059,288$2,794,781$0$68,415,078
99$90,238,045$2,740,436$0$75,163,631
100$99,245,010$2,677,402$0$82,594,882