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%17.2%
1 years$218,835$216,885$214,983$213,127$211,315$205,126
2 years$108,334$106,316$104,361$102,465$100,626$94,441
3 years$71,505$69,479$67,528$65,650$63,841$57,854
4 years$53,094$51,074$49,143$47,297$45,532$39,788
5 years$42,051$40,043$38,137$36,329$34,613$29,128
6 years$34,691$32,698$30,821$29,053$27,388$22,168
7 years$29,436$27,460$25,612$23,886$22,274$17,318
8 years$25,496$23,538$21,721$20,037$18,478$13,783
9 years$22,434$20,494$18,708$17,067$15,561$11,123
10 years$19,985$18,065$16,310$14,712$13,259$9,071
11 years$17,983$16,082$14,359$12,804$11,403$7,458
12 years$16,316$14,434$12,744$11,231$9,882$6,172
13 years$14,907$13,044$11,386$9,915$8,617$5,134
14 years$13,699$11,857$10,230$8,801$7,554$4,289
15 years$12,654$10,831$9,236$7,849$6,651$3,596
16 years$11,740$9,938$8,374$7,028$5,878$3,023
17 years$10,935$9,152$7,620$6,315$5,212$2,547
18 years$10,220$8,457$6,956$5,691$4,634$2,151
19 years$9,581$7,838$6,368$5,142$4,131$1,819
20 years$9,007$7,283$5,844$4,657$3,689$1,540
21 years$8,487$6,784$5,376$4,227$3,302$1,306
22 years$8,016$6,333$4,954$3,843$2,959$1,108
23 years$7,587$5,923$4,575$3,500$2,657$941
24 years$7,193$5,549$4,231$3,192$2,388$800
25 years$6,832$5,208$3,918$2,915$2,149$680
26 years$6,499$4,895$3,634$2,666$1,935$579
27 years$6,192$4,606$3,375$2,440$1,745$493
28 years$5,906$4,341$3,137$2,235$1,575$419
29 years$5,641$4,095$2,919$2,050$1,422$357
30 years$5,394$3,867$2,719$1,881$1,285$304
31 years$5,164$3,656$2,535$1,728$1,161$259
32 years$4,948$3,459$2,365$1,588$1,051$221
33 years$4,746$3,276$2,209$1,460$951$188
34 years$4,556$3,105$2,064$1,344$861$161
35 years$4,377$2,945$1,929$1,237$780$137
36 years$4,209$2,795$1,805$1,139$706$117
37 years$4,050$2,655$1,689$1,050$640$100
38 years$3,900$2,523$1,582$967$580$85
39 years$3,758$2,399$1,482$892$526$72
40 years$3,623$2,282$1,389$823$477$62
41 years$3,495$2,173$1,303$759$433$53
42 years$3,374$2,069$1,222$701$393$45
43 years$3,258$1,971$1,147$647$357$38
44 years$3,149$1,879$1,076$597$324$33
45 years$3,044$1,792$1,011$551$294$28
46 years$2,944$1,710$949$509$267$24
47 years$2,849$1,631$892$471$242$20
48 years$2,758$1,557$838$435$220$17
49 years$2,671$1,487$788$402$200$15
50 years$2,587$1,421$740$371$182$13

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 $4,375 every year, while hoping to spend $22,650 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: 45/45/10 Blend
54$2,650,000$2,650,000$2,650,000$2,650,000
55$2,924,813$2,784,363$2,743,288$3,047,970
56$3,199,044$2,896,697$2,811,089$3,246,036
57$3,500,488$3,013,777$2,880,401$3,458,007
58$3,831,896$3,135,810$2,951,253$3,687,337
59$4,196,301$3,263,016$3,023,671$3,935,634
60$4,597,041$3,395,621$3,097,681$4,204,666
61$5,037,797$3,533,864$3,173,312$4,496,373
62$5,522,624$3,677,996$3,250,590$4,812,885
63$6,055,989$3,828,275$3,329,542$5,156,545
64$6,642,814$3,984,974$3,410,195$5,529,924
65$7,288,522$4,148,379$3,492,578$5,935,850
66$7,999,089$4,318,787$3,576,717$6,377,429
67$8,781,099$4,496,510$3,662,639$6,858,075
68$9,641,805$4,681,874$3,750,373$7,381,544
69$10,589,203$4,875,219$3,839,943$7,951,962
70$11,632,099$5,076,902$3,931,379$8,573,870
71$12,780,198$5,287,295$4,024,705$9,252,257
72$14,044,195$5,506,789$4,119,949$9,992,615
73$15,435,872$5,735,792$4,217,137$10,800,982
74$16,968,214$5,974,729$4,316,295$11,684,000
75$18,655,529$6,224,047$4,417,447$12,648,979
76$20,513,581$6,484,214$4,520,620$13,703,959
77$22,559,743$6,755,717$4,625,838$14,857,789
78$24,813,158$7,039,068$4,733,124$16,120,205
79$27,294,919$7,334,801$4,842,502$17,501,922
80$30,028,270$7,643,476$4,953,996$19,014,735
81$33,038,825$7,965,678$5,067,626$20,671,622
82$36,354,809$8,302,019$5,183,415$22,486,872
83$40,007,322$8,653,141$5,301,382$24,476,214
84$44,030,638$9,019,715$5,421,548$26,656,961
85$48,462,523$9,402,441$5,543,930$29,048,176
86$53,344,595$9,802,054$5,668,545$31,670,845
87$58,722,713$10,219,324$5,795,411$34,548,075
88$64,647,413$10,655,055$5,924,541$37,705,308
89$71,174,385$11,110,088$6,055,949$41,170,558
90$78,364,995$11,585,306$6,189,646$44,974,677
91$86,286,869$12,081,630$6,325,643$49,151,634
92$95,014,526$12,600,026$6,463,949$53,738,843
93$104,630,085$13,141,505$6,604,569$58,777,502
94$115,224,041$13,707,125$6,747,508$64,312,989
95$126,896,112$14,297,994$6,892,769$70,395,277
96$139,756,190$14,915,270$7,040,352$77,079,410
97$153,925,372$15,560,169$7,190,254$84,426,011
98$169,537,103$16,233,960$7,342,470$92,501,855
99$186,738,437$16,937,974$7,496,993$101,380,496
100$205,691,427$17,673,604$7,653,812$111,142,951