Can I retire at age 55 with 2,650,000?

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 $2,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$218,835$216,885$214,983$213,127$211,315$204,305
2 years$108,334$106,316$104,361$102,465$100,626$93,632
3 years$71,505$69,479$67,528$65,650$63,841$57,082
4 years$53,094$51,074$49,143$47,297$45,532$39,060
5 years$42,051$40,043$38,137$36,329$34,613$28,445
6 years$34,691$32,698$30,821$29,053$27,388$21,529
7 years$29,436$27,460$25,612$23,886$22,274$16,723
8 years$25,496$23,538$21,721$20,037$18,478$13,232
9 years$22,434$20,494$18,708$17,067$15,561$10,613
10 years$19,985$18,065$16,310$14,712$13,259$8,601
11 years$17,983$16,082$14,359$12,804$11,403$7,026
12 years$16,316$14,434$12,744$11,231$9,882$5,776
13 years$14,907$13,044$11,386$9,915$8,617$4,773
14 years$13,699$11,857$10,230$8,801$7,554$3,960
15 years$12,654$10,831$9,236$7,849$6,651$3,296
16 years$11,740$9,938$8,374$7,028$5,878$2,751
17 years$10,935$9,152$7,620$6,315$5,212$2,301
18 years$10,220$8,457$6,956$5,691$4,634$1,928
19 years$9,581$7,838$6,368$5,142$4,131$1,619
20 years$9,007$7,283$5,844$4,657$3,689$1,360
21 years$8,487$6,784$5,376$4,227$3,302$1,144
22 years$8,016$6,333$4,954$3,843$2,959$964
23 years$7,587$5,923$4,575$3,500$2,657$812
24 years$7,193$5,549$4,231$3,192$2,388$685
25 years$6,832$5,208$3,918$2,915$2,149$578
26 years$6,499$4,895$3,634$2,666$1,935$487
27 years$6,192$4,606$3,375$2,440$1,745$412
28 years$5,906$4,341$3,137$2,235$1,575$348
29 years$5,641$4,095$2,919$2,050$1,422$294
30 years$5,394$3,867$2,719$1,881$1,285$248
31 years$5,164$3,656$2,535$1,728$1,161$210
32 years$4,948$3,459$2,365$1,588$1,051$177
33 years$4,746$3,276$2,209$1,460$951$150
34 years$4,556$3,105$2,064$1,344$861$127
35 years$4,377$2,945$1,929$1,237$780$107
36 years$4,209$2,795$1,805$1,139$706$91
37 years$4,050$2,655$1,689$1,050$640$77
38 years$3,900$2,523$1,582$967$580$65
39 years$3,758$2,399$1,482$892$526$55
40 years$3,623$2,282$1,389$823$477$46
41 years$3,495$2,173$1,303$759$433$39
42 years$3,374$2,069$1,222$701$393$33
43 years$3,258$1,971$1,147$647$357$28
44 years$3,149$1,879$1,076$597$324$24
45 years$3,044$1,792$1,011$551$294$20
46 years$2,944$1,710$949$509$267$17
47 years$2,849$1,631$892$471$242$14
48 years$2,758$1,557$838$435$220$12
49 years$2,671$1,487$788$402$200$10
50 years$2,587$1,421$740$371$182$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $2,650,000, adding $5,950 every year, while hoping to spend $50,136 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: 69/5/26 Blend
54$2,650,000$2,650,000$2,650,000$2,650,000
55$2,926,437$2,785,987$2,744,912$3,108,415
56$3,171,590$2,869,156$2,783,523$3,314,411
57$3,440,067$2,954,721$2,821,746$3,533,451
58$3,734,196$3,042,744$2,859,517$3,772,009
59$4,056,538$3,133,293$2,896,765$4,032,015
60$4,409,915$3,226,434$2,933,416$4,315,600
61$4,797,434$3,322,237$2,969,393$4,625,109
62$5,222,518$3,420,772$3,004,614$4,963,127
63$5,688,936$3,522,111$3,038,990$5,332,499
64$6,200,842$3,626,328$3,072,429$5,736,364
65$6,762,808$3,733,499$3,104,836$6,178,176
66$7,379,873$3,843,699$3,136,107$6,661,744
67$8,057,587$3,957,008$3,166,134$7,191,263
68$8,802,065$4,073,505$3,194,803$7,771,356
69$9,620,042$4,193,273$3,221,995$8,407,116
70$10,518,937$4,316,394$3,247,583$9,104,157
71$11,506,926$4,442,955$3,271,434$9,868,663
72$12,593,014$4,573,041$3,293,409$10,707,448
73$13,787,123$4,706,741$3,313,360$11,628,023
74$15,100,184$4,844,146$3,331,132$12,638,663
75$16,544,241$4,985,347$3,346,563$13,748,487
76$18,132,562$5,130,438$3,359,481$14,967,543
77$19,879,768$5,279,514$3,369,708$16,306,906
78$21,801,966$5,432,672$3,377,055$17,778,776
79$23,916,903$5,590,010$3,381,323$19,396,603
80$26,244,135$5,751,628$3,382,305$21,175,204
81$28,805,207$5,917,628$3,379,783$23,130,909
82$31,623,860$6,088,114$3,373,528$25,281,715
83$34,726,252$6,263,190$3,363,299$27,647,453
84$38,141,206$6,442,962$3,348,846$30,249,978
85$41,900,481$6,627,539$3,329,904$33,113,373
86$46,039,072$6,817,030$3,306,197$36,264,180
87$50,595,538$7,011,545$3,277,436$39,731,647
88$55,612,368$7,211,197$3,243,316$43,548,006
89$61,136,383$7,416,098$3,203,519$47,748,779
90$67,219,170$7,626,363$3,157,714$52,373,110
91$73,917,578$7,842,108$3,105,550$57,464,138
92$81,294,249$8,063,449$3,046,664$63,069,403
93$89,418,208$8,290,504$2,980,673$69,241,294
94$98,365,517$8,523,390$2,907,177$76,037,546
95$108,219,992$8,762,228$2,825,759$83,521,786
96$119,073,990$9,007,136$2,735,981$91,764,129
97$131,029,286$9,258,235$2,637,385$100,841,848
98$144,198,029$9,515,645$2,529,494$110,840,095
99$158,703,803$9,779,486$2,411,807$121,852,714
100$174,682,789$10,049,879$2,283,800$133,983,121