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

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 $1,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$149,468$148,137$146,838$145,570$144,332$141,418
2 years$73,994$72,616$71,280$69,986$68,729$65,806
3 years$48,839$47,455$46,123$44,840$43,605$40,764
4 years$36,265$34,885$33,566$32,305$31,099$28,362
5 years$28,722$27,350$26,048$24,813$23,641$21,016
6 years$23,695$22,333$21,051$19,843$18,706$16,196
7 years$20,105$18,756$17,494$16,314$15,213$12,818
8 years$17,414$16,077$14,836$13,686$12,621$10,340
9 years$15,323$13,998$12,778$11,657$10,629$8,461
10 years$13,650$12,338$11,140$10,049$9,056$6,999
11 years$12,283$10,984$9,808$8,745$7,789$5,840
12 years$11,144$9,859$8,704$7,671$6,749$4,906
13 years$10,182$8,909$7,777$6,772$5,886$4,145
14 years$9,357$8,098$6,987$6,012$5,159$3,518
15 years$8,643$7,398$6,309$5,361$4,543$2,997
16 years$8,019$6,788$5,720$4,800$4,015$2,561
17 years$7,469$6,251$5,205$4,313$3,560$2,194
18 years$6,980$5,776$4,751$3,887$3,165$1,884
19 years$6,544$5,353$4,349$3,512$2,821$1,621
20 years$6,152$4,975$3,992$3,181$2,520$1,397
21 years$5,797$4,634$3,672$2,887$2,255$1,205
22 years$5,475$4,325$3,384$2,625$2,021$1,041
23 years$5,182$4,045$3,124$2,391$1,815$901
24 years$4,913$3,790$2,890$2,180$1,631$779
25 years$4,666$3,557$2,676$1,991$1,468$675
26 years$4,439$3,343$2,482$1,821$1,322$585
27 years$4,229$3,146$2,305$1,666$1,192$507
28 years$4,034$2,965$2,143$1,527$1,075$440
29 years$3,853$2,797$1,994$1,400$971$382
30 years$3,684$2,641$1,857$1,285$877$332
31 years$3,527$2,497$1,732$1,180$793$288
32 years$3,380$2,363$1,616$1,085$718$250
33 years$3,241$2,237$1,508$997$649$218
34 years$3,112$2,121$1,409$918$588$189
35 years$2,990$2,011$1,318$845$533$164
36 years$2,875$1,909$1,233$778$483$143
37 years$2,766$1,813$1,154$717$437$124
38 years$2,664$1,723$1,080$661$396$108
39 years$2,567$1,639$1,012$609$360$94
40 years$2,475$1,559$949$562$326$82
41 years$2,387$1,484$890$518$296$71
42 years$2,304$1,413$835$478$268$62
43 years$2,226$1,347$783$442$244$54
44 years$2,151$1,284$735$408$221$47
45 years$2,079$1,224$690$377$201$41
46 years$2,011$1,168$648$348$182$35
47 years$1,946$1,114$609$321$166$31
48 years$1,884$1,064$572$297$150$27
49 years$1,824$1,016$538$274$137$23
50 years$1,767$970$506$254$124$20

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 $4,822 every year, while hoping to spend $51,144 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: 81/8/11 Blend
54$1,810,000$1,810,000$1,810,000$1,810,000
55$1,999,594$1,903,664$1,875,609$2,157,413
56$2,149,136$1,942,527$1,884,025$2,300,473
57$2,312,217$1,981,579$1,891,009$2,450,269
58$2,490,164$2,020,778$1,896,459$2,613,176
59$2,684,437$2,060,073$1,900,267$2,790,484
60$2,896,646$2,099,412$1,902,322$2,983,610
61$3,128,559$2,138,739$1,902,505$3,194,117
62$3,382,126$2,177,991$1,900,692$3,423,724
63$3,659,491$2,217,101$1,896,755$3,674,327
64$3,963,019$2,255,998$1,890,555$3,948,013
65$4,295,309$2,294,605$1,881,951$4,247,082
66$4,659,227$2,332,837$1,870,793$4,574,067
67$5,057,927$2,370,604$1,856,923$4,931,758
68$5,494,883$2,407,812$1,840,178$5,323,230
69$5,973,922$2,444,356$1,820,385$5,751,871
70$6,499,258$2,480,125$1,797,363$6,221,412
71$7,075,531$2,515,000$1,770,924$6,735,965
72$7,707,855$2,548,855$1,740,870$7,300,061
73$8,401,861$2,581,553$1,706,994$7,918,691
74$9,163,751$2,612,950$1,669,078$8,597,356
75$10,000,358$2,642,889$1,626,897$9,342,116
76$10,919,210$2,671,205$1,580,213$10,159,648
77$11,928,596$2,697,721$1,528,777$11,057,312
78$13,037,653$2,722,249$1,472,331$12,043,216
79$14,256,441$2,744,588$1,410,602$13,126,294
80$15,596,048$2,764,522$1,343,307$14,316,393
81$17,068,687$2,781,826$1,270,150$15,624,360
82$18,687,813$2,796,255$1,190,819$17,062,152
83$20,468,251$2,807,552$1,104,992$18,642,944
84$22,426,333$2,815,443$1,012,330$20,381,252
85$24,580,054$2,819,635$912,479$22,293,076
86$26,949,241$2,819,819$805,069$24,396,044
87$29,555,740$2,815,666$689,714$26,709,586
88$32,423,617$2,806,826$566,012$29,255,111
89$35,579,394$2,792,928$433,541$32,056,212
90$39,052,290$2,773,579$291,863$35,138,888
91$42,874,501$2,748,362$140,517$38,531,792
92$47,081,503$2,716,834$0$42,266,499
93$51,712,383$2,678,526$0$46,380,267
94$56,810,213$2,632,940$0$50,926,740
95$62,422,451$2,579,551$0$55,931,725
96$68,601,392$2,517,799$0$61,441,854
97$75,404,658$2,447,096$0$67,508,513
98$82,895,743$2,366,814$0$74,188,325
99$91,144,614$2,276,293$0$81,543,687
100$100,228,365$2,174,831$0$89,643,358