Can I retire at age 55 with 3,300,000?

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 $3,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$272,511$270,084$267,715$265,404$263,147$256,889
2 years$134,906$132,394$129,959$127,598$125,308$119,041
3 years$89,044$86,521$84,092$81,753$79,500$73,419
4 years$66,118$63,602$61,197$58,899$56,700$50,851
5 years$52,365$49,865$47,492$45,240$43,103$37,502
6 years$43,200$40,718$38,380$36,179$34,106$28,760
7 years$36,656$34,195$31,894$29,744$27,737$22,646
8 years$31,750$29,312$27,049$24,952$23,011$18,173
9 years$27,937$25,521$23,297$21,253$19,378$14,790
10 years$24,887$22,496$20,311$18,321$16,511$12,167
11 years$22,394$20,026$17,881$15,944$14,200$10,094
12 years$20,318$17,975$15,869$13,985$12,306$8,431
13 years$18,563$16,244$14,178$12,347$10,731$7,080
14 years$17,060$14,765$12,739$10,960$9,406$5,972
15 years$15,758$13,488$11,502$9,775$8,282$5,055
16 years$14,620$12,375$10,428$8,752$7,320$4,293
17 years$13,617$11,397$9,489$7,864$6,490$3,654
18 years$12,727$10,531$8,662$7,087$5,771$3,117
19 years$11,931$9,760$7,930$6,404$5,144$2,664
20 years$11,216$9,070$7,278$5,800$4,594$2,280
21 years$10,569$8,448$6,694$5,264$4,112$1,954
22 years$9,982$7,886$6,170$4,786$3,685$1,676
23 years$9,447$7,376$5,697$4,359$3,308$1,440
24 years$8,958$6,911$5,268$3,975$2,973$1,237
25 years$8,508$6,485$4,880$3,630$2,676$1,064
26 years$8,093$6,095$4,526$3,319$2,410$916
27 years$7,710$5,736$4,202$3,038$2,173$788
28 years$7,355$5,405$3,907$2,784$1,961$679
29 years$7,025$5,099$3,635$2,553$1,770$585
30 years$6,717$4,816$3,386$2,343$1,600$504
31 years$6,430$4,552$3,157$2,152$1,446$435
32 years$6,162$4,307$2,945$1,977$1,308$375
33 years$5,910$4,079$2,750$1,818$1,184$323
34 years$5,673$3,866$2,570$1,673$1,072$279
35 years$5,451$3,667$2,402$1,540$971$241
36 years$5,241$3,481$2,247$1,418$880$208
37 years$5,043$3,306$2,104$1,307$797$179
38 years$4,856$3,142$1,970$1,205$723$155
39 years$4,679$2,987$1,846$1,111$655$133
40 years$4,512$2,842$1,730$1,025$595$115
41 years$4,353$2,706$1,622$945$539$99
42 years$4,201$2,577$1,522$872$489$86
43 years$4,058$2,455$1,428$805$444$74
44 years$3,921$2,340$1,340$744$403$64
45 years$3,791$2,232$1,258$687$366$55
46 years$3,666$2,129$1,182$634$332$48
47 years$3,548$2,032$1,110$586$302$41
48 years$3,434$1,939$1,043$541$274$36
49 years$3,326$1,852$981$500$249$31
50 years$3,222$1,769$922$463$226$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $3,300,000, adding $4,546 every year, while hoping to spend $58,739 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: 76/15/9 Blend
54$3,300,000$3,300,000$3,300,000$3,300,000
55$3,641,289$3,466,389$3,415,239$3,912,345
56$3,950,203$3,573,744$3,467,152$4,198,692
57$4,288,657$3,684,391$3,518,835$4,504,545
58$4,659,603$3,798,429$3,570,219$4,838,121
59$5,066,290$3,915,960$3,621,229$5,202,153
60$5,512,300$4,037,090$3,671,788$5,599,647
61$6,001,573$4,161,926$3,721,811$6,033,915
62$6,538,453$4,290,580$3,771,212$6,508,603
63$7,127,724$4,423,167$3,819,896$7,027,729
64$7,774,654$4,559,805$3,867,765$7,595,713
65$8,485,048$4,700,615$3,914,715$8,217,428
66$9,265,300$4,845,722$3,960,635$8,898,237
67$10,122,453$4,995,255$4,005,408$9,644,049
68$11,064,267$5,149,346$4,048,913$10,461,373
69$12,099,289$5,308,131$4,091,018$11,357,377
70$13,236,937$5,471,750$4,131,588$12,339,958
71$14,487,586$5,640,347$4,170,478$13,417,815
72$15,862,667$5,814,071$4,207,536$14,600,530
73$17,374,772$5,993,073$4,242,601$15,898,661
74$19,037,776$6,177,512$4,275,506$17,323,835
75$20,866,967$6,367,547$4,306,073$18,888,866
76$22,879,186$6,563,345$4,334,114$20,607,869
77$25,092,991$6,765,077$4,359,435$22,496,394
78$27,528,827$6,972,917$4,381,828$24,571,574
79$30,209,224$7,187,047$4,401,076$26,852,287
80$33,159,005$7,407,651$4,416,951$29,359,328
81$36,405,518$7,634,921$4,429,214$32,115,614
82$39,978,901$7,869,053$4,437,613$35,146,391
83$43,912,360$8,110,247$4,441,884$38,479,479
84$48,242,483$8,358,712$4,441,750$42,145,527
85$53,009,588$8,614,660$4,436,919$46,178,308
86$58,258,098$8,878,310$4,427,088$50,615,037
87$64,036,964$9,149,888$4,411,936$55,496,714
88$70,400,125$9,429,623$4,391,127$60,868,523
89$77,407,018$9,717,755$4,364,309$66,780,245
90$85,123,135$10,014,526$4,331,115$73,286,739
91$93,620,645$10,320,188$4,291,158$80,448,450
92$102,979,072$10,634,999$4,244,033$88,331,984
93$113,286,046$10,959,222$4,189,317$97,010,736
94$124,638,130$11,293,131$4,126,565$106,565,582
95$137,141,728$11,637,003$4,055,314$117,085,639
96$150,914,095$11,991,127$3,975,078$128,669,109
97$166,084,436$12,355,795$3,885,346$141,424,206
98$182,795,130$12,731,311$3,785,587$155,470,172
99$201,203,073$13,117,985$3,675,244$170,938,409
100$221,481,156$13,516,136$3,553,734$187,973,712