Can I retire at age 55 with 1,850,000?

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 $1,850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$152,771$151,410$150,083$148,787$147,522$141,837
2 years$75,629$74,221$72,856$71,532$70,248$64,589
3 years$49,919$48,504$47,142$45,831$44,568$39,112
4 years$37,066$35,656$34,308$33,019$31,787$26,575
5 years$29,356$27,954$26,624$25,362$24,164$19,210
6 years$24,218$22,827$21,516$20,282$19,120$14,428
7 years$20,550$19,170$17,880$16,675$15,550$11,118
8 years$17,799$16,432$15,164$13,988$12,900$8,724
9 years$15,661$14,307$13,061$11,915$10,864$6,938
10 years$13,952$12,611$11,386$10,271$9,256$5,573
11 years$12,554$11,227$10,024$8,939$7,961$4,511
12 years$11,391$10,077$8,896$7,840$6,899$3,674
13 years$10,407$9,106$7,948$6,922$6,016$3,007
14 years$9,564$8,277$7,142$6,144$5,273$2,470
15 years$8,834$7,562$6,448$5,480$4,643$2,036
16 years$8,196$6,938$5,846$4,907$4,104$1,682
17 years$7,634$6,389$5,320$4,408$3,638$1,393
18 years$7,135$5,904$4,856$3,973$3,235$1,155
19 years$6,689$5,472$4,446$3,590$2,884$959
20 years$6,288$5,085$4,080$3,251$2,576$797
21 years$5,925$4,736$3,753$2,951$2,305$664
22 years$5,596$4,421$3,459$2,683$2,066$553
23 years$5,296$4,135$3,194$2,443$1,855$461
24 years$5,022$3,874$2,953$2,229$1,667$384
25 years$4,770$3,636$2,736$2,035$1,500$320
26 years$4,537$3,417$2,537$1,861$1,351$267
27 years$4,322$3,216$2,356$1,703$1,218$223
28 years$4,123$3,030$2,190$1,561$1,099$186
29 years$3,938$2,859$2,038$1,431$993$156
30 years$3,766$2,700$1,898$1,313$897$130
31 years$3,605$2,552$1,770$1,206$811$109
32 years$3,454$2,415$1,651$1,109$733$91
33 years$3,313$2,287$1,542$1,019$664$76
34 years$3,180$2,167$1,441$938$601$63
35 years$3,056$2,056$1,347$863$544$53
36 years$2,938$1,951$1,260$795$493$44
37 years$2,827$1,853$1,179$733$447$37
38 years$2,722$1,761$1,104$675$405$31
39 years$2,623$1,675$1,035$623$367$26
40 years$2,529$1,593$970$574$333$22
41 years$2,440$1,517$909$530$302$18
42 years$2,355$1,444$853$489$274$15
43 years$2,275$1,376$800$451$249$13
44 years$2,198$1,312$751$417$226$11
45 years$2,125$1,251$705$385$205$9
46 years$2,055$1,193$663$356$186$7
47 years$1,989$1,139$622$329$169$6
48 years$1,925$1,087$585$304$154$5
49 years$1,864$1,038$550$281$140$4
50 years$1,806$992$517$259$127$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $1,850,000, adding $5,349 every year, while hoping to spend $25,726 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: 78/10/12 Blend
54$1,850,000$1,850,000$1,850,000$1,850,000
55$2,044,217$1,946,167$1,917,492$2,198,600
56$2,225,355$2,014,157$1,954,356$2,368,913
57$2,424,107$2,084,617$1,991,593$2,551,837
58$2,642,242$2,157,639$2,029,187$2,751,739
59$2,881,710$2,233,322$2,067,124$2,970,301
60$3,144,656$2,311,767$2,105,385$3,209,377
61$3,433,448$2,393,080$2,143,951$3,471,009
62$3,750,689$2,477,371$2,182,803$3,757,447
63$4,099,250$2,564,753$2,221,918$4,071,165
64$4,482,293$2,655,345$2,261,272$4,414,892
65$4,903,302$2,749,271$2,300,839$4,791,632
66$5,366,113$2,846,661$2,340,592$5,204,694
67$5,874,956$2,947,646$2,380,501$5,657,721
68$6,434,487$3,052,367$2,420,534$6,154,730
69$7,049,840$3,160,968$2,460,657$6,700,141
70$7,726,669$3,273,600$2,500,834$7,298,828
71$8,471,203$3,390,420$2,541,025$7,956,156
72$9,290,306$3,511,592$2,581,190$8,678,039
73$10,191,542$3,637,284$2,621,285$9,470,988
74$11,183,243$3,767,675$2,661,262$10,342,180
75$12,274,591$3,902,948$2,701,071$11,299,519
76$13,475,702$4,043,295$2,740,659$12,351,716
77$14,797,722$4,188,916$2,779,971$13,508,365
78$16,252,936$4,340,018$2,818,945$14,780,039
79$17,854,875$4,496,819$2,857,520$16,178,385
80$19,618,452$4,659,543$2,895,627$17,716,237
81$21,560,099$4,828,426$2,933,195$19,407,735
82$23,697,923$5,003,712$2,970,150$21,268,458
83$26,051,872$5,185,655$3,006,412$23,315,573
84$28,643,933$5,374,522$3,041,897$25,567,994
85$31,498,329$5,570,589$3,076,515$28,046,561
86$34,641,754$5,774,143$3,110,174$30,774,239
87$38,103,622$5,985,485$3,142,774$33,776,328
88$41,916,346$6,204,928$3,174,211$37,080,711
89$46,115,641$6,432,798$3,204,375$40,718,107
90$50,740,865$6,669,433$3,233,150$44,722,369
91$55,835,387$6,915,189$3,260,414$49,130,796
92$61,446,997$7,170,434$3,286,039$53,984,491
93$67,628,358$7,435,553$3,309,888$59,328,743
94$74,437,502$7,710,946$3,331,821$65,213,460
95$81,938,376$7,997,031$3,351,686$71,693,633
96$90,201,449$8,294,244$3,369,326$78,829,861
97$99,304,374$8,603,040$3,384,576$86,688,920
98$109,332,723$8,923,891$3,397,262$95,344,390
99$120,380,792$9,257,293$3,407,201$104,877,355
100$132,552,491$9,603,759$3,414,201$115,377,162