Can I retire at age 55 with 411,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $411,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$33,940$33,638$33,343$33,055$32,774$31,511
2 years$16,802$16,489$16,186$15,892$15,607$14,349
3 years$11,090$10,776$10,473$10,182$9,901$8,689
4 years$8,235$7,921$7,622$7,336$7,062$5,904
5 years$6,522$6,210$5,915$5,634$5,368$4,268
6 years$5,380$5,071$4,780$4,506$4,248$3,205
7 years$4,565$4,259$3,972$3,705$3,455$2,470
8 years$3,954$3,651$3,369$3,108$2,866$1,938
9 years$3,479$3,179$2,902$2,647$2,413$1,541
10 years$3,100$2,802$2,530$2,282$2,056$1,238
11 years$2,789$2,494$2,227$1,986$1,769$1,002
12 years$2,531$2,239$1,976$1,742$1,533$816
13 years$2,312$2,023$1,766$1,538$1,336$668
14 years$2,125$1,839$1,587$1,365$1,172$549
15 years$1,963$1,680$1,432$1,217$1,032$452
16 years$1,821$1,541$1,299$1,090$912$374
17 years$1,696$1,419$1,182$979$808$309
18 years$1,585$1,312$1,079$883$719$257
19 years$1,486$1,216$988$798$641$213
20 years$1,397$1,130$906$722$572$177
21 years$1,316$1,052$834$656$512$147
22 years$1,243$982$768$596$459$123
23 years$1,177$919$709$543$412$102
24 years$1,116$861$656$495$370$85
25 years$1,060$808$608$452$333$71
26 years$1,008$759$564$413$300$59
27 years$960$714$523$378$271$50
28 years$916$673$487$347$244$41
29 years$875$635$453$318$221$35
30 years$837$600$422$292$199$29
31 years$801$567$393$268$180$24
32 years$767$536$367$246$163$20
33 years$736$508$343$226$147$17
34 years$707$482$320$208$134$14
35 years$679$457$299$192$121$12
36 years$653$433$280$177$110$10
37 years$628$412$262$163$99$8
38 years$605$391$245$150$90$7
39 years$583$372$230$138$82$6
40 years$562$354$215$128$74$5
41 years$542$337$202$118$67$4
42 years$523$321$190$109$61$3
43 years$505$306$178$100$55$3
44 years$488$291$167$93$50$2
45 years$472$278$157$86$46$2
46 years$457$265$147$79$41$2
47 years$442$253$138$73$38$1
48 years$428$242$130$67$34$1
49 years$414$231$122$62$31$1
50 years$401$220$115$58$28$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $411,000, adding $5,421 every year, while hoping to spend $30,997 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: 22/49/29 Blend
54$411,000$411,000$411,000$411,000
55$458,514$436,731$430,360$464,317
56$472,302$425,150$411,797$458,310
57$486,457$411,963$391,572$448,961
58$500,984$397,058$369,599$438,296
59$515,888$380,317$345,784$426,229
60$531,172$361,616$320,031$412,667
61$546,839$340,823$292,240$397,514
62$562,891$317,797$262,304$380,666
63$579,329$292,392$230,114$362,015
64$596,152$264,451$195,555$341,446
65$613,360$233,810$158,506$318,839
66$630,950$200,294$118,843$294,066
67$648,917$163,719$76,435$266,991
68$667,256$123,890$31,145$237,472
69$685,958$80,603$0$205,360
70$705,013$33,639$0$175,815
71$724,408$0$0$153,979
72$744,127$0$0$139,368
73$764,150$0$0$142,930
74$784,456$0$0$146,520
75$805,018$0$0$150,129
76$825,804$0$0$153,750
77$846,779$0$0$157,372
78$867,900$0$0$160,983
79$889,120$0$0$164,570
80$910,385$0$0$168,120
81$931,632$0$0$171,614
82$952,790$0$0$175,035
83$973,779$0$0$178,361
84$994,509$0$0$181,568
85$1,014,878$0$0$184,631
86$1,034,771$0$0$187,519
87$1,054,058$0$0$190,200
88$1,072,596$0$0$192,635
89$1,090,222$0$0$194,785
90$1,106,755$0$0$196,604
91$1,121,992$0$0$198,038
92$1,135,707$0$0$199,033
93$1,147,648$0$0$199,525
94$1,157,534$0$0$199,442
95$1,165,053$0$0$198,707
96$1,169,856$0$0$197,234
97$1,171,557$0$0$194,925
98$1,169,727$0$0$191,674
99$1,163,888$0$0$187,363
100$1,153,511$0$0$181,861