Can I retire at age 55 with 1,870,000?

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 $1,870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$154,423$153,047$151,705$150,395$149,116$145,512
2 years$76,447$75,023$73,643$72,306$71,008$67,398
3 years$50,458$49,028$47,652$46,327$45,050$41,548
4 years$37,467$36,041$34,679$33,376$32,130$28,762
5 years$29,674$28,257$26,912$25,636$24,425$21,201
6 years$24,480$23,074$21,749$20,501$19,327$16,249
7 years$20,772$19,377$18,073$16,855$15,718$12,788
8 years$17,992$16,610$15,328$14,139$13,039$10,256
9 years$15,831$14,462$13,202$12,044$10,981$8,342
10 years$14,103$12,747$11,510$10,382$9,356$6,858
11 years$12,690$11,348$10,133$9,035$8,047$5,686
12 years$11,514$10,186$8,993$7,925$6,973$4,746
13 years$10,519$9,205$8,034$6,997$6,081$3,983
14 years$9,667$8,367$7,219$6,211$5,330$3,357
15 years$8,930$7,643$6,518$5,539$4,693$2,840
16 years$8,285$7,013$5,909$4,960$4,148$2,410
17 years$7,716$6,458$5,377$4,456$3,678$2,050
18 years$7,212$5,968$4,909$4,016$3,270$1,747
19 years$6,761$5,531$4,494$3,629$2,915$1,492
20 years$6,356$5,140$4,124$3,286$2,604$1,276
21 years$5,989$4,787$3,793$2,983$2,330$1,093
22 years$5,657$4,469$3,496$2,712$2,088$937
23 years$5,354$4,180$3,228$2,470$1,875$804
24 years$5,076$3,916$2,985$2,253$1,685$690
25 years$4,821$3,675$2,765$2,057$1,516$593
26 years$4,586$3,454$2,564$1,881$1,366$510
27 years$4,369$3,251$2,381$1,722$1,231$439
28 years$4,168$3,063$2,214$1,577$1,111$378
29 years$3,981$2,890$2,060$1,447$1,003$325
30 years$3,807$2,729$1,919$1,328$907$280
31 years$3,644$2,580$1,789$1,219$820$241
32 years$3,492$2,441$1,669$1,121$741$208
33 years$3,349$2,312$1,558$1,030$671$179
34 years$3,215$2,191$1,456$948$607$154
35 years$3,089$2,078$1,361$873$550$133
36 years$2,970$1,972$1,274$804$499$115
37 years$2,858$1,873$1,192$741$452$99
38 years$2,752$1,780$1,116$683$410$85
39 years$2,652$1,693$1,046$629$371$74
40 years$2,557$1,611$980$581$337$63
41 years$2,466$1,533$919$536$306$55
42 years$2,381$1,460$862$494$277$47
43 years$2,299$1,391$809$456$252$41
44 years$2,222$1,326$759$421$228$35
45 years$2,148$1,265$713$389$207$30
46 years$2,078$1,206$670$359$188$26
47 years$2,010$1,151$629$332$171$23
48 years$1,946$1,099$591$307$155$19
49 years$1,885$1,049$556$284$141$17
50 years$1,826$1,002$523$262$128$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $1,870,000, adding $3,985 every year, while hoping to spend $53,912 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: 43/34/23 Blend
54$1,870,000$1,870,000$1,870,000$1,870,000
55$2,064,851$1,965,741$1,936,756$2,139,647
56$2,218,103$2,004,700$1,944,275$2,232,144
57$2,385,181$2,043,761$1,950,239$2,326,788
58$2,567,437$2,082,873$1,954,540$2,428,251
59$2,766,360$2,121,979$1,957,061$2,537,191
60$2,983,591$2,161,017$1,957,685$2,654,334
61$3,220,933$2,199,923$1,956,283$2,780,484
62$3,480,374$2,238,626$1,952,725$2,916,525
63$3,764,102$2,277,048$1,946,871$3,063,433
64$4,074,525$2,315,108$1,938,576$3,222,286
65$4,414,296$2,352,717$1,927,687$3,394,273
66$4,786,334$2,389,781$1,914,045$3,580,706
67$5,193,857$2,426,196$1,897,482$3,783,034
68$5,640,405$2,461,855$1,877,822$4,002,853
69$6,129,880$2,496,639$1,854,883$4,241,928
70$6,666,576$2,530,423$1,828,470$4,502,203
71$7,255,227$2,563,074$1,798,384$4,785,824
72$7,901,043$2,594,447$1,764,412$5,095,161
73$8,609,764$2,624,389$1,726,334$5,432,826
74$9,387,713$2,652,738$1,683,920$5,801,702
75$10,241,855$2,679,317$1,636,927$6,204,971
76$11,179,862$2,703,942$1,585,102$6,646,141
77$12,210,187$2,726,414$1,528,181$7,129,084
78$13,342,139$2,746,521$1,465,888$7,658,072
79$14,585,975$2,764,038$1,397,933$8,237,814
80$15,952,995$2,778,727$1,324,015$8,873,510
81$17,455,647$2,790,331$1,243,816$9,570,891
82$19,107,646$2,798,581$1,157,007$10,336,283
83$20,924,103$2,803,188$1,063,243$11,176,660
84$22,921,663$2,803,846$962,164$12,099,716
85$25,118,669$2,800,230$853,392$13,113,938
86$27,535,327$2,791,996$736,535$14,228,684
87$30,193,903$2,778,776$611,182$15,454,278
88$33,118,928$2,760,183$476,904$16,802,103
89$36,337,431$2,735,804$333,252$18,284,713
90$39,879,193$2,705,203$179,760$19,915,955
91$43,777,028$2,667,915$15,939$21,711,097
92$48,067,092$2,623,450$0$23,686,976
93$52,789,224$2,571,287$0$25,901,150
94$57,987,321$2,510,877$0$28,341,810
95$63,709,752$2,441,634$0$31,027,750
96$70,009,815$2,362,942$0$33,984,004
97$76,946,236$2,274,146$0$37,238,168
98$84,583,728$2,174,556$0$40,820,658
99$92,993,598$2,063,438$0$44,765,001
100$102,254,417$1,940,018$0$49,108,152