Can I retire at age 55 with 1,900,000?

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 $1,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$156,900$155,503$154,139$152,808$151,509$149,926
2 years$77,673$76,227$74,825$73,465$72,147$70,554
3 years$51,268$49,815$48,417$47,070$45,773$44,218
4 years$38,068$36,619$35,235$33,911$32,646$31,141
5 years$30,150$28,710$27,344$26,047$24,817$23,367
6 years$24,873$23,444$22,098$20,830$19,637$18,243
7 years$21,105$19,688$18,363$17,126$15,970$14,633
8 years$18,280$16,876$15,574$14,366$13,249$11,969
9 years$16,085$14,694$13,414$12,237$11,157$9,934
10 years$14,329$12,952$11,694$10,548$9,506$8,339
11 years$12,894$11,530$10,295$9,180$8,176$7,063
12 years$11,698$10,349$9,137$8,052$7,085$6,026
13 years$10,688$9,353$8,163$7,109$6,178$5,172
14 years$9,822$8,501$7,335$6,310$5,416$4,460
15 years$9,073$7,766$6,622$5,628$4,769$3,863
16 years$8,418$7,125$6,004$5,039$4,214$3,357
17 years$7,840$6,562$5,463$4,528$3,737$2,925
18 years$7,328$6,064$4,987$4,080$3,323$2,556
19 years$6,869$5,620$4,566$3,687$2,962$2,238
20 years$6,457$5,222$4,190$3,339$2,645$1,963
21 years$6,085$4,864$3,854$3,031$2,367$1,725
22 years$5,747$4,540$3,552$2,755$2,122$1,518
23 years$5,439$4,247$3,280$2,509$1,905$1,337
24 years$5,157$3,979$3,033$2,289$1,712$1,179
25 years$4,898$3,734$2,809$2,090$1,541$1,041
26 years$4,660$3,509$2,606$1,911$1,388$920
27 years$4,439$3,303$2,420$1,749$1,251$813
28 years$4,235$3,112$2,249$1,603$1,129$719
29 years$4,045$2,936$2,093$1,470$1,019$637
30 years$3,868$2,773$1,950$1,349$921$564
31 years$3,702$2,621$1,818$1,239$833$499
32 years$3,548$2,480$1,696$1,139$753$443
33 years$3,403$2,349$1,583$1,047$682$392
34 years$3,266$2,226$1,479$963$617$348
35 years$3,138$2,111$1,383$887$559$309
36 years$3,018$2,004$1,294$817$507$274
37 years$2,904$1,903$1,211$752$459$243
38 years$2,796$1,809$1,134$694$416$216
39 years$2,694$1,720$1,063$640$377$192
40 years$2,598$1,636$996$590$342$170
41 years$2,506$1,558$934$544$311$151
42 years$2,419$1,484$876$502$282$134
43 years$2,336$1,414$822$464$256$119
44 years$2,257$1,347$772$428$232$106
45 years$2,182$1,285$725$395$211$94
46 years$2,111$1,226$681$365$191$84
47 years$2,043$1,170$639$337$174$74
48 years$1,977$1,117$601$312$158$66
49 years$1,915$1,066$565$288$143$59
50 years$1,855$1,019$531$266$130$52

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $1,900,000, adding $6,567 every year, while hoping to spend $48,952 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: 29/50/21 Blend
54$1,900,000$1,900,000$1,900,000$1,900,000
55$2,100,574$1,999,874$1,970,424$2,147,472
56$2,262,748$2,045,783$1,984,349$2,229,998
57$2,439,823$2,092,301$1,997,099$2,313,854
58$2,633,267$2,139,406$2,008,584$2,402,978
59$2,844,697$2,187,074$2,018,709$2,497,853
60$3,075,893$2,235,277$2,027,371$2,599,011
61$3,328,812$2,283,984$2,034,467$2,707,039
62$3,605,614$2,333,163$2,039,885$2,822,587
63$3,908,674$2,382,774$2,043,508$2,946,367
64$4,240,607$2,432,778$2,045,213$3,079,168
65$4,604,294$2,483,130$2,044,874$3,221,859
66$5,002,909$2,533,780$2,042,353$3,375,400
67$5,439,945$2,584,675$2,037,512$3,540,848
68$5,919,251$2,635,755$2,030,200$3,719,371
69$6,445,066$2,686,959$2,020,263$3,912,256
70$7,022,058$2,738,216$2,007,538$4,120,923
71$7,655,371$2,789,451$1,991,853$4,346,941
72$8,350,670$2,840,585$1,973,031$4,592,039
73$9,114,194$2,891,530$1,950,884$4,858,125
74$9,952,818$2,942,191$1,925,214$5,147,302
75$10,874,114$2,992,467$1,895,818$5,461,895
76$11,886,425$3,042,249$1,862,479$5,804,466
77$12,998,941$3,091,420$1,824,973$6,177,840
78$14,221,787$3,139,854$1,783,063$6,585,137
79$15,566,117$3,187,414$1,736,504$7,029,797
80$17,044,221$3,233,957$1,685,036$7,515,615
81$18,669,637$3,279,327$1,628,391$8,046,779
82$20,457,284$3,323,358$1,566,286$8,627,908
83$22,423,596$3,365,871$1,498,425$9,264,097
84$24,586,681$3,406,677$1,424,501$9,960,966
85$26,966,491$3,445,573$1,344,190$10,724,715
86$29,585,009$3,482,341$1,257,156$11,562,183
87$32,466,455$3,516,752$1,163,046$12,480,913
88$35,637,518$3,548,557$1,061,493$13,489,225
89$39,127,603$3,577,494$952,111$14,596,295
90$42,969,111$3,603,284$834,499$15,812,244
91$47,197,743$3,625,628$708,238$17,148,234
92$51,852,838$3,644,209$572,889$18,616,577
93$56,977,742$3,658,690$427,995$20,230,848
94$62,620,218$3,668,711$273,079$22,006,020
95$68,832,894$3,673,892$107,641$23,958,604
96$75,673,764$3,673,828$0$26,106,810
97$83,206,730$3,668,087$0$28,486,155
98$91,502,207$3,656,214$0$31,130,084
99$100,637,787$3,637,724$0$34,038,993
100$110,698,971$3,612,101$0$37,239,937