Can I retire at age 55 with 335,000?

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 $335,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$27,664$27,418$27,177$26,943$26,713$25,941
2 years$13,695$13,440$13,193$12,953$12,721$11,949
3 years$9,039$8,783$8,537$8,299$8,071$7,323
4 years$6,712$6,457$6,212$5,979$5,756$5,039
5 years$5,316$5,062$4,821$4,593$4,376$3,691
6 years$4,385$4,134$3,896$3,673$3,462$2,811
7 years$3,721$3,471$3,238$3,020$2,816$2,197
8 years$3,223$2,976$2,746$2,533$2,336$1,750
9 years$2,836$2,591$2,365$2,158$1,967$1,413
10 years$2,526$2,284$2,062$1,860$1,676$1,153
11 years$2,273$2,033$1,815$1,619$1,442$948
12 years$2,063$1,825$1,611$1,420$1,249$785
13 years$1,884$1,649$1,439$1,253$1,089$654
14 years$1,732$1,499$1,293$1,113$955$547
15 years$1,600$1,369$1,168$992$841$459
16 years$1,484$1,256$1,059$888$743$386
17 years$1,382$1,157$963$798$659$325
18 years$1,292$1,069$879$719$586$275
19 years$1,211$991$805$650$522$233
20 years$1,139$921$739$589$466$197
21 years$1,073$858$680$534$417$167
22 years$1,013$801$626$486$374$142
23 years$959$749$578$442$336$121
24 years$909$702$535$404$302$103
25 years$864$658$495$369$272$87
26 years$822$619$459$337$245$74
27 years$783$582$427$308$221$63
28 years$747$549$397$283$199$54
29 years$713$518$369$259$180$46
30 years$682$489$344$238$162$39
31 years$653$462$320$218$147$33
32 years$625$437$299$201$133$29
33 years$600$414$279$185$120$24
34 years$576$392$261$170$109$21
35 years$553$372$244$156$99$18
36 years$532$353$228$144$89$15
37 years$512$336$214$133$81$13
38 years$493$319$200$122$73$11
39 years$475$303$187$113$67$9
40 years$458$289$176$104$60$8
41 years$442$275$165$96$55$7
42 years$427$262$154$89$50$6
43 years$412$249$145$82$45$5
44 years$398$238$136$75$41$4
45 years$385$227$128$70$37$4
46 years$372$216$120$64$34$3
47 years$360$206$113$59$31$3
48 years$349$197$106$55$28$2
49 years$338$188$100$51$25$2
50 years$327$180$94$47$23$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $335,000, adding $2,307 every year, while hoping to spend $23,066 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: 54/29/17 Blend
54$335,000$335,000$335,000$335,000
55$371,550$353,795$348,602$389,799
56$384,906$346,589$335,738$395,313
57$398,851$338,256$321,670$398,663
58$413,421$328,718$306,334$401,797
59$428,655$317,890$289,661$404,701
60$444,594$305,683$271,581$407,360
61$461,284$292,003$252,020$409,759
62$478,774$276,750$230,901$411,884
63$497,116$259,818$208,144$413,719
64$516,369$241,096$183,664$415,252
65$536,594$220,466$157,372$416,467
66$557,861$197,803$129,178$417,351
67$580,243$172,975$98,986$417,891
68$603,820$145,843$66,694$418,076
69$628,680$116,260$32,199$417,894
70$654,920$84,071$0$417,336
71$682,642$49,111$0$417,231
72$711,961$11,207$0$423,023
73$743,001$0$0$428,884
74$775,897$0$0$444,354
75$810,797$0$0$464,575
76$847,864$0$0$486,068
77$887,273$0$0$508,938
78$929,220$0$0$533,300
79$973,916$0$0$559,278
80$1,021,594$0$0$587,011
81$1,072,507$0$0$616,649
82$1,126,934$0$0$648,358
83$1,185,182$0$0$682,319
84$1,247,585$0$0$718,731
85$1,314,511$0$0$757,811
86$1,386,362$0$0$799,799
87$1,463,583$0$0$844,958
88$1,546,658$0$0$893,575
89$1,636,121$0$0$945,969
90$1,732,558$0$0$1,002,485
91$1,836,613$0$0$1,063,507
92$1,948,992$0$0$1,129,455
93$2,070,472$0$0$1,200,790
94$2,201,909$0$0$1,278,019
95$2,344,239$0$0$1,361,699
96$2,498,496$0$0$1,452,445
97$2,665,814$0$0$1,550,931
98$2,847,441$0$0$1,657,897
99$3,044,751$0$0$1,774,160
100$3,259,252$0$0$1,900,618