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

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 $1,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$144,513$143,226$141,970$140,744$139,547$136,954
2 years$71,541$70,209$68,918$67,666$66,451$63,848
3 years$47,220$45,882$44,594$43,354$42,159$39,628
4 years$35,062$33,728$32,453$31,234$30,068$27,628
5 years$27,769$26,443$25,185$23,991$22,858$20,515
6 years$22,909$21,593$20,353$19,186$18,086$15,844
7 years$19,439$18,134$16,914$15,774$14,709$12,568
8 years$16,837$15,544$14,344$13,232$12,203$10,162
9 years$14,815$13,534$12,355$11,271$10,276$8,335
10 years$13,198$11,929$10,771$9,716$8,756$6,912
11 years$11,876$10,620$9,483$8,455$7,530$5,782
12 years$10,775$9,532$8,416$7,417$6,526$4,870
13 years$9,844$8,614$7,519$6,548$5,691$4,125
14 years$9,047$7,830$6,756$5,812$4,988$3,510
15 years$8,357$7,153$6,099$5,184$4,392$2,999
16 years$7,753$6,563$5,530$4,641$3,882$2,570
17 years$7,221$6,044$5,032$4,170$3,442$2,208
18 years$6,749$5,585$4,594$3,758$3,060$1,902
19 years$6,327$5,176$4,205$3,396$2,728$1,641
20 years$5,948$4,810$3,859$3,076$2,436$1,418
21 years$5,605$4,480$3,550$2,791$2,180$1,228
22 years$5,294$4,182$3,272$2,538$1,954$1,064
23 years$5,010$3,911$3,021$2,311$1,754$923
24 years$4,750$3,665$2,794$2,108$1,577$801
25 years$4,512$3,439$2,588$1,925$1,419$696
26 years$4,292$3,232$2,400$1,760$1,278$605
27 years$4,089$3,042$2,229$1,611$1,152$527
28 years$3,900$2,866$2,072$1,476$1,040$458
29 years$3,725$2,704$1,928$1,354$939$399
30 years$3,562$2,554$1,796$1,242$848$348
31 years$3,410$2,414$1,674$1,141$767$303
32 years$3,268$2,284$1,562$1,049$694$264
33 years$3,134$2,163$1,458$964$628$230
34 years$3,009$2,050$1,363$887$568$201
35 years$2,891$1,945$1,274$817$515$175
36 years$2,779$1,846$1,192$752$467$153
37 years$2,674$1,753$1,116$693$423$133
38 years$2,575$1,666$1,045$639$383$116
39 years$2,481$1,584$979$589$348$102
40 years$2,393$1,507$917$543$315$89
41 years$2,308$1,435$860$501$286$77
42 years$2,228$1,366$807$463$260$68
43 years$2,152$1,302$757$427$236$59
44 years$2,079$1,241$711$394$214$51
45 years$2,010$1,183$667$364$194$45
46 years$1,944$1,129$627$336$176$39
47 years$1,881$1,077$589$311$160$34
48 years$1,821$1,028$553$287$145$30
49 years$1,764$982$520$265$132$26
50 years$1,709$938$489$245$120$23

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 $5,016 every year, while hoping to spend $51,610 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: 70/16/14 Blend
54$1,750,000$1,750,000$1,750,000$1,750,000
55$1,933,674$1,840,924$1,813,799$2,062,621
56$2,075,996$1,876,217$1,819,649$2,184,221
57$2,231,105$1,911,509$1,823,964$2,310,566
58$2,400,251$1,946,746$1,826,641$2,447,496
59$2,584,810$1,981,870$1,827,566$2,596,048
60$2,786,295$2,016,816$1,826,624$2,757,362
61$3,006,374$2,051,516$1,823,692$2,932,695
62$3,246,880$2,085,897$1,818,642$3,123,431
63$3,509,835$2,119,879$1,811,340$3,331,096
64$3,797,462$2,153,376$1,801,643$3,557,371
65$4,112,210$2,186,299$1,789,405$3,804,109
66$4,456,775$2,218,548$1,774,471$4,073,350
67$4,834,128$2,250,018$1,756,677$4,367,345
68$5,247,537$2,280,597$1,735,854$4,688,573
69$5,700,605$2,310,165$1,711,824$5,039,766
70$6,197,297$2,338,594$1,684,400$5,423,935
71$6,741,981$2,365,745$1,653,387$5,844,398
72$7,339,468$2,391,472$1,618,581$6,304,813
73$7,995,059$2,415,618$1,579,768$6,809,211
74$8,714,588$2,438,017$1,536,724$7,362,033
75$9,504,487$2,458,491$1,489,215$7,968,177
76$10,371,838$2,476,849$1,436,997$8,633,039
77$11,324,441$2,492,891$1,379,812$9,362,566
78$12,370,893$2,506,402$1,317,395$10,163,313
79$13,520,660$2,517,152$1,249,464$11,042,507
80$14,784,174$2,524,898$1,175,727$12,008,109
81$16,172,925$2,529,384$1,095,879$13,068,896
82$17,699,573$2,530,333$1,009,601$14,234,543
83$19,378,064$2,527,454$916,557$15,515,711
84$21,223,765$2,520,438$816,401$16,924,151
85$23,253,606$2,508,956$708,767$18,472,816
86$25,486,239$2,492,660$593,275$20,175,980
87$27,942,214$2,471,179$469,529$22,049,377
88$30,644,175$2,444,122$337,113$24,110,348
89$33,617,068$2,411,072$195,594$26,378,007
90$36,888,384$2,371,589$44,521$28,873,418
91$40,488,409$2,325,206$0$31,619,800
92$44,450,514$2,271,429$0$34,660,173
93$48,811,471$2,209,734$0$38,013,540
94$53,611,797$2,139,566$0$41,704,403
95$58,896,135$2,060,340$0$45,767,102
96$64,713,677$1,971,433$0$50,239,480
97$71,118,628$1,872,189$0$55,163,238
98$78,170,714$1,761,912$0$60,584,334
99$85,935,750$1,639,869$0$66,553,413
100$94,486,256$1,505,282$0$73,126,285