Can I retire at age 55 with 1,800,000?

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 $1,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$148,642$147,318$146,027$144,766$143,535$137,949
2 years$73,585$72,215$70,887$69,599$68,350$62,790
3 years$48,570$47,193$45,868$44,593$43,364$38,004
4 years$36,064$34,692$33,380$32,127$30,928$25,809
5 years$28,563$27,199$25,905$24,676$23,511$18,647
6 years$23,564$22,210$20,935$19,734$18,603$13,998
7 years$19,994$18,652$17,397$16,224$15,129$10,780
8 years$17,318$15,988$14,754$13,610$12,551$8,454
9 years$15,238$13,921$12,708$11,593$10,570$6,719
10 years$13,575$12,270$11,079$9,993$9,006$5,393
11 years$12,215$10,924$9,754$8,697$7,746$4,363
12 years$11,083$9,804$8,656$7,628$6,712$3,551
13 years$10,125$8,860$7,734$6,735$5,853$2,904
14 years$9,305$8,054$6,949$5,978$5,131$2,384
15 years$8,595$7,357$6,274$5,332$4,518$1,964
16 years$7,975$6,750$5,688$4,774$3,993$1,621
17 years$7,428$6,217$5,176$4,289$3,540$1,341
18 years$6,942$5,744$4,725$3,866$3,148$1,111
19 years$6,508$5,324$4,325$3,493$2,806$922
20 years$6,118$4,947$3,970$3,163$2,506$766
21 years$5,765$4,608$3,651$2,871$2,243$637
22 years$5,445$4,302$3,365$2,610$2,010$530
23 years$5,153$4,023$3,107$2,377$1,804$442
24 years$4,886$3,769$2,874$2,168$1,622$368
25 years$4,641$3,537$2,662$1,980$1,459$307
26 years$4,415$3,325$2,468$1,811$1,315$256
27 years$4,206$3,129$2,292$1,657$1,185$213
28 years$4,012$2,948$2,131$1,518$1,069$178
29 years$3,832$2,781$1,983$1,392$966$149
30 years$3,664$2,627$1,847$1,278$873$124
31 years$3,507$2,483$1,722$1,174$789$103
32 years$3,361$2,350$1,607$1,079$714$86
33 years$3,224$2,225$1,500$992$646$72
34 years$3,095$2,109$1,402$913$585$60
35 years$2,973$2,000$1,310$840$530$50
36 years$2,859$1,898$1,226$774$480$42
37 years$2,751$1,803$1,147$713$435$35
38 years$2,649$1,714$1,074$657$394$29
39 years$2,552$1,629$1,007$606$358$24
40 years$2,461$1,550$944$559$324$20
41 years$2,374$1,476$885$516$294$17
42 years$2,292$1,405$830$476$267$14
43 years$2,213$1,339$779$439$242$12
44 years$2,139$1,276$731$406$220$10
45 years$2,068$1,217$686$375$200$8
46 years$2,000$1,161$645$346$181$7
47 years$1,935$1,108$606$320$165$6
48 years$1,873$1,058$569$295$149$5
49 years$1,814$1,010$535$273$136$4
50 years$1,757$965$503$252$123$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $1,800,000, adding $4,555 every year, while hoping to spend $45,861 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: 49/25/26 Blend
54$1,800,000$1,800,000$1,800,000$1,800,000
55$1,988,298$1,892,898$1,864,998$2,070,864
56$2,142,309$1,936,855$1,878,680$2,173,026
57$2,310,492$1,981,428$1,891,283$2,279,026
58$2,494,244$2,026,599$1,902,723$2,393,281
59$2,695,103$2,072,349$1,912,910$2,516,592
60$2,914,763$2,118,654$1,921,752$2,649,843
61$3,155,088$2,165,487$1,929,150$2,794,007
62$3,418,131$2,212,820$1,935,001$2,950,158
63$3,706,153$2,260,621$1,939,196$3,119,479
64$4,021,644$2,308,855$1,941,623$3,303,274
65$4,367,345$2,357,482$1,942,160$3,502,983
66$4,746,276$2,406,460$1,940,684$3,720,190
67$5,161,761$2,455,742$1,937,062$3,956,643
68$5,617,464$2,505,276$1,931,157$4,214,271
69$6,117,419$2,555,008$1,922,824$4,495,197
70$6,666,068$2,604,877$1,911,912$4,801,766
71$7,268,307$2,654,816$1,898,261$5,136,560
72$7,929,527$2,704,754$1,881,705$5,502,427
73$8,655,667$2,754,615$1,862,070$5,902,506
74$9,453,269$2,804,315$1,839,173$6,340,261
75$10,329,540$2,853,764$1,812,823$6,819,508
76$11,292,420$2,902,865$1,782,819$7,344,455
77$12,350,655$2,951,514$1,748,952$7,919,742
78$13,513,882$2,999,599$1,711,003$8,550,483
79$14,792,718$3,046,998$1,668,741$9,242,319
80$16,198,858$3,093,584$1,621,926$10,001,466
81$17,745,188$3,139,217$1,570,308$10,834,780
82$19,445,907$3,183,748$1,513,623$11,749,817
83$21,316,656$3,227,019$1,451,596$12,754,910
84$23,374,671$3,268,858$1,383,941$13,859,241
85$25,638,941$3,309,085$1,310,356$15,072,937
86$28,130,387$3,347,505$1,230,527$16,407,162
87$30,872,064$3,383,910$1,144,127$17,874,219
88$33,889,372$3,418,079$1,050,812$19,487,677
89$37,210,298$3,449,775$950,225$21,262,488
90$40,865,681$3,478,747$841,990$23,215,139
91$44,889,501$3,504,726$725,718$25,363,805
92$49,319,200$3,527,428$600,999$27,728,516
93$54,196,034$3,546,547$467,408$30,331,359
94$59,565,463$3,561,761$324,499$33,196,675
95$65,477,578$3,572,725$171,808$36,351,299
96$71,987,577$3,579,075$8,850$39,824,811
97$79,156,281$3,580,421$0$43,649,814
98$87,050,711$3,576,351$0$47,908,039
99$95,744,719$3,566,427$0$52,598,909
100$105,319,683$3,550,184$0$57,763,784