Can I retire at age 55 with 1,810,000?

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 $1,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$149,468$148,137$146,838$145,570$144,332$140,444
2 years$73,994$72,616$71,280$69,986$68,729$64,840
3 years$48,839$47,455$46,123$44,840$43,605$39,836
4 years$36,265$34,885$33,566$32,305$31,099$27,480
5 years$28,722$27,350$26,048$24,813$23,641$20,181
6 years$23,695$22,333$21,051$19,843$18,706$15,409
7 years$20,105$18,756$17,494$16,314$15,213$12,079
8 years$17,414$16,077$14,836$13,686$12,621$9,648
9 years$15,323$13,998$12,778$11,657$10,629$7,814
10 years$13,650$12,338$11,140$10,049$9,056$6,396
11 years$12,283$10,984$9,808$8,745$7,789$5,279
12 years$11,144$9,859$8,704$7,671$6,749$4,386
13 years$10,182$8,909$7,777$6,772$5,886$3,664
14 years$9,357$8,098$6,987$6,012$5,159$3,073
15 years$8,643$7,398$6,309$5,361$4,543$2,587
16 years$8,019$6,788$5,720$4,800$4,015$2,184
17 years$7,469$6,251$5,205$4,313$3,560$1,849
18 years$6,980$5,776$4,751$3,887$3,165$1,568
19 years$6,544$5,353$4,349$3,512$2,821$1,332
20 years$6,152$4,975$3,992$3,181$2,520$1,133
21 years$5,797$4,634$3,672$2,887$2,255$965
22 years$5,475$4,325$3,384$2,625$2,021$823
23 years$5,182$4,045$3,124$2,391$1,815$702
24 years$4,913$3,790$2,890$2,180$1,631$600
25 years$4,666$3,557$2,676$1,991$1,468$512
26 years$4,439$3,343$2,482$1,821$1,322$438
27 years$4,229$3,146$2,305$1,666$1,192$375
28 years$4,034$2,965$2,143$1,527$1,075$321
29 years$3,853$2,797$1,994$1,400$971$274
30 years$3,684$2,641$1,857$1,285$877$235
31 years$3,527$2,497$1,732$1,180$793$201
32 years$3,380$2,363$1,616$1,085$718$172
33 years$3,241$2,237$1,508$997$649$148
34 years$3,112$2,121$1,409$918$588$127
35 years$2,990$2,011$1,318$845$533$108
36 years$2,875$1,909$1,233$778$483$93
37 years$2,766$1,813$1,154$717$437$80
38 years$2,664$1,723$1,080$661$396$68
39 years$2,567$1,639$1,012$609$360$59
40 years$2,475$1,559$949$562$326$50
41 years$2,387$1,484$890$518$296$43
42 years$2,304$1,413$835$478$268$37
43 years$2,226$1,347$783$442$244$32
44 years$2,151$1,284$735$408$221$27
45 years$2,079$1,224$690$377$201$23
46 years$2,011$1,168$648$348$182$20
47 years$1,946$1,114$609$321$166$17
48 years$1,884$1,064$572$297$150$15
49 years$1,824$1,016$538$274$137$13
50 years$1,767$970$506$254$124$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $1,810,000, adding $4,906 every year, while hoping to spend $20,344 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: 84/11/5 Blend
54$1,810,000$1,810,000$1,810,000$1,810,000
55$1,999,681$1,903,751$1,875,696$2,167,195
56$2,182,002$1,975,388$1,916,885$2,348,838
57$2,382,239$2,049,855$1,958,773$2,545,014
58$2,602,196$2,127,267$2,001,361$2,759,822
59$2,843,863$2,207,746$2,044,650$2,995,120
60$3,109,433$2,291,421$2,088,641$3,252,950
61$3,401,318$2,378,424$2,133,334$3,535,563
62$3,722,180$2,468,894$2,178,728$3,845,437
63$4,074,948$2,562,975$2,224,821$4,185,301
64$4,462,851$2,660,820$2,271,611$4,558,162
65$4,889,446$2,762,584$2,319,095$4,967,330
66$5,358,653$2,868,434$2,367,268$5,416,453
67$5,874,789$2,978,541$2,416,125$5,909,546
68$6,442,612$3,093,084$2,465,660$6,451,034
69$7,067,364$3,212,251$2,515,864$7,045,791
70$7,754,820$3,336,236$2,566,731$7,699,185
71$8,511,344$3,465,244$2,618,248$8,417,130
72$9,343,947$3,599,487$2,670,406$9,206,141
73$10,260,357$3,739,188$2,723,191$10,073,394
74$11,269,084$3,884,580$2,776,590$11,026,796
75$12,379,511$4,035,904$2,830,585$12,075,058
76$13,601,971$4,193,414$2,885,160$13,227,775
77$14,947,855$4,357,374$2,940,296$14,495,518
78$16,429,711$4,528,060$2,995,971$15,889,937
79$18,061,368$4,705,761$3,052,162$17,423,862
80$19,858,062$4,890,778$3,108,844$19,111,433
81$21,836,583$5,083,425$3,165,989$20,968,227
82$24,015,434$5,284,032$3,223,568$23,011,405
83$26,414,999$5,492,941$3,281,549$25,259,879
84$29,057,745$5,710,511$3,339,897$27,734,483
85$31,968,427$5,937,117$3,398,575$30,458,173
86$35,174,322$6,173,151$3,457,543$33,456,245
87$38,705,489$6,419,022$3,516,757$36,756,567
88$42,595,052$6,675,157$3,576,171$40,389,848
89$46,879,510$6,942,004$3,635,736$44,389,926
90$51,599,086$7,220,028$3,695,400$48,794,084
91$56,798,102$7,509,718$3,755,104$53,643,403
92$62,525,399$7,811,584$3,814,790$58,983,150
93$68,834,797$8,126,159$3,874,393$64,863,206
94$75,785,606$8,454,001$3,933,845$71,338,532
95$83,443,181$8,795,690$3,993,073$78,469,690
96$91,879,544$9,151,837$4,051,999$86,323,415
97$101,174,058$9,523,078$4,110,541$94,973,242
98$111,414,181$9,910,078$4,168,614$104,500,201
99$122,696,288$10,313,532$4,226,123$114,993,581
100$135,126,582$10,734,169$4,282,971$126,551,771