Can I retire at age 55 with 2,750,000?

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 $2,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$227,092$225,070$223,096$221,170$219,289$214,162
2 years$112,422$110,328$108,299$106,332$104,423$99,287
3 years$74,204$72,101$70,077$68,128$66,250$61,265
4 years$55,098$53,002$50,998$49,082$47,250$42,455
5 years$43,638$41,554$39,576$37,700$35,919$31,326
6 years$36,000$33,932$31,984$30,149$28,421$24,037
7 years$30,547$28,496$26,579$24,787$23,114$18,938
8 years$26,458$24,426$22,541$20,793$19,175$15,206
9 years$23,280$21,268$19,414$17,711$16,149$12,383
10 years$20,740$18,746$16,926$15,267$13,759$10,193
11 years$18,662$16,689$14,901$13,287$11,834$8,462
12 years$16,932$14,979$13,224$11,655$10,255$7,072
13 years$15,469$13,537$11,815$10,289$8,942$5,943
14 years$14,216$12,304$10,616$9,134$7,839$5,016
15 years$13,132$11,240$9,585$8,146$6,902$4,249
16 years$12,184$10,313$8,690$7,293$6,100$3,611
17 years$11,348$9,498$7,908$6,553$5,409$3,076
18 years$10,606$8,776$7,219$5,906$4,809$2,626
19 years$9,943$8,134$6,608$5,336$4,286$2,246
20 years$9,346$7,558$6,065$4,833$3,829$1,924
21 years$8,808$7,040$5,578$4,386$3,426$1,650
22 years$8,319$6,572$5,141$3,988$3,071$1,417
23 years$7,873$6,146$4,747$3,632$2,757$1,217
24 years$7,465$5,759$4,390$3,313$2,478$1,047
25 years$7,090$5,404$4,066$3,025$2,230$901
26 years$6,744$5,079$3,771$2,766$2,008$776
27 years$6,425$4,780$3,502$2,532$1,811$669
28 years$6,129$4,504$3,256$2,320$1,634$576
29 years$5,854$4,249$3,030$2,127$1,475$497
30 years$5,598$4,013$2,822$1,952$1,333$429
31 years$5,359$3,794$2,631$1,793$1,205$370
32 years$5,135$3,590$2,455$1,648$1,090$319
33 years$4,925$3,399$2,292$1,515$987$276
34 years$4,728$3,222$2,141$1,394$893$238
35 years$4,542$3,056$2,002$1,284$809$205
36 years$4,368$2,900$1,873$1,182$733$177
37 years$4,203$2,755$1,753$1,089$664$153
38 years$4,047$2,618$1,642$1,004$602$132
39 years$3,899$2,489$1,538$926$546$114
40 years$3,760$2,369$1,442$854$495$99
41 years$3,627$2,255$1,352$788$449$85
42 years$3,501$2,147$1,268$727$408$74
43 years$3,381$2,046$1,190$671$370$64
44 years$3,267$1,950$1,117$620$336$55
45 years$3,159$1,860$1,049$572$305$48
46 years$3,055$1,774$985$529$277$41
47 years$2,956$1,693$925$488$251$36
48 years$2,862$1,616$870$451$228$31
49 years$2,771$1,543$817$417$207$27
50 years$2,685$1,474$768$385$188$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $2,750,000, adding $2,605 every year, while hoping to spend $50,367 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: 55/15/30 Blend
54$2,750,000$2,750,000$2,750,000$2,750,000
55$3,033,187$2,887,437$2,844,812$3,174,589
56$3,288,982$2,975,331$2,886,523$3,360,526
57$3,569,180$3,065,844$2,927,944$3,557,562
58$3,876,217$3,159,051$2,969,010$3,771,184
59$4,212,776$3,255,029$3,009,656$4,003,009
60$4,581,810$3,353,857$3,049,812$4,254,818
61$4,986,576$3,455,617$3,089,401$4,528,573
62$5,430,656$3,560,392$3,128,345$4,826,436
63$5,917,999$3,668,267$3,166,561$5,150,787
64$6,452,953$3,779,331$3,203,960$5,504,249
65$7,040,310$3,893,674$3,240,448$5,889,709
66$7,685,345$4,011,387$3,275,926$6,310,352
67$8,393,872$4,132,567$3,310,291$6,769,682
68$9,172,295$4,257,310$3,343,434$7,271,562
69$10,027,667$4,385,716$3,375,237$7,820,248
70$10,967,760$4,517,888$3,405,579$8,420,430
71$12,001,138$4,653,930$3,434,332$9,077,272
72$13,137,232$4,793,951$3,461,359$9,796,468
73$14,386,434$4,938,060$3,486,520$10,584,291
74$15,760,196$5,086,369$3,509,664$11,447,650
75$17,271,131$5,238,997$3,530,632$12,394,161
76$18,933,138$5,396,059$3,549,260$13,432,217
77$20,761,531$5,557,679$3,565,373$14,571,064
78$22,773,182$5,723,980$3,578,789$15,820,890
79$24,986,682$5,895,091$3,589,313$17,192,925
80$27,422,514$6,071,141$3,596,746$18,699,542
81$30,103,247$6,252,264$3,600,874$20,354,375
82$33,053,750$6,438,596$3,601,474$22,172,450
83$36,301,423$6,630,278$3,598,314$24,170,324
84$39,876,459$6,827,452$3,591,148$26,366,243
85$43,812,125$7,030,265$3,579,720$28,780,316
86$48,145,080$7,238,866$3,563,758$31,434,699
87$52,915,716$7,453,408$3,542,982$34,353,813
88$58,168,542$7,674,048$3,517,095$37,564,566
89$63,952,602$7,900,945$3,485,786$41,096,615
90$70,321,938$8,134,262$3,448,731$44,982,638
91$77,336,101$8,374,166$3,405,588$49,258,651
92$85,060,710$8,620,827$3,356,003$53,964,342
93$93,568,074$8,874,419$3,299,600$59,143,449
94$102,937,871$9,135,119$3,235,990$64,844,173
95$113,257,901$9,403,107$3,164,763$71,119,631
96$124,624,917$9,678,569$3,085,492$78,028,360
97$137,145,531$9,961,691$2,997,729$85,634,872
98$150,937,227$10,252,666$2,901,005$94,010,257
99$166,129,466$10,551,688$2,794,830$103,232,861
100$182,864,907$10,858,957$2,678,693$113,389,024