Can I retire at age 55 with 425,000?

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 $425,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$35,096$34,783$34,478$34,181$33,890$33,536
2 years$17,374$17,051$16,737$16,433$16,138$15,782
3 years$11,468$11,143$10,830$10,529$10,239$9,891
4 years$8,515$8,191$7,881$7,585$7,302$6,966
5 years$6,744$6,422$6,116$5,826$5,551$5,227
6 years$5,564$5,244$4,943$4,659$4,392$4,081
7 years$4,721$4,404$4,108$3,831$3,572$3,273
8 years$4,089$3,775$3,484$3,213$2,963$2,677
9 years$3,598$3,287$3,000$2,737$2,496$2,222
10 years$3,205$2,897$2,616$2,359$2,126$1,865
11 years$2,884$2,579$2,303$2,053$1,829$1,580
12 years$2,617$2,315$2,044$1,801$1,585$1,348
13 years$2,391$2,092$1,826$1,590$1,382$1,157
14 years$2,197$1,902$1,641$1,412$1,211$998
15 years$2,029$1,737$1,481$1,259$1,067$864
16 years$1,883$1,594$1,343$1,127$943$751
17 years$1,754$1,468$1,222$1,013$836$654
18 years$1,639$1,356$1,116$913$743$572
19 years$1,537$1,257$1,021$825$662$501
20 years$1,444$1,168$937$747$592$439
21 years$1,361$1,088$862$678$530$386
22 years$1,286$1,016$795$616$475$340
23 years$1,217$950$734$561$426$299
24 years$1,154$890$679$512$383$264
25 years$1,096$835$628$468$345$233
26 years$1,042$785$583$428$310$206
27 years$993$739$541$391$280$182
28 years$947$696$503$359$253$161
29 years$905$657$468$329$228$142
30 years$865$620$436$302$206$126
31 years$828$586$407$277$186$112
32 years$794$555$379$255$168$99
33 years$761$525$354$234$152$88
34 years$731$498$331$215$138$78
35 years$702$472$309$198$125$69
36 years$675$448$289$183$113$61
37 years$650$426$271$168$103$54
38 years$625$405$254$155$93$48
39 years$603$385$238$143$84$43
40 years$581$366$223$132$77$38
41 years$561$348$209$122$69$34
42 years$541$332$196$112$63$30
43 years$523$316$184$104$57$27
44 years$505$301$173$96$52$24
45 years$488$287$162$88$47$21
46 years$472$274$152$82$43$19
47 years$457$262$143$75$39$17
48 years$442$250$134$70$35$15
49 years$428$239$126$64$32$13
50 years$415$228$119$60$29$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $425,000, adding $3,079 every year, while hoping to spend $31,196 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: 69/25/6 Blend
54$425,000$425,000$425,000$425,000
55$471,526$449,001$442,413$503,455
56$486,429$437,810$424,042$513,791
57$501,807$425,025$404,010$520,977
58$517,675$410,534$382,228$527,984
59$534,049$394,222$358,603$534,785
60$550,946$375,962$333,040$541,357
61$568,383$355,624$305,437$547,670
62$586,377$333,069$275,688$553,696
63$604,947$308,149$243,684$559,403
64$624,112$280,709$209,308$564,758
65$643,892$250,585$172,440$569,725
66$664,307$217,602$132,955$574,268
67$685,379$181,577$90,722$578,345
68$707,130$142,316$45,603$581,914
69$729,582$99,615$0$584,931
70$752,760$53,256$0$587,510
71$776,688$3,012$0$592,564
72$801,391$0$0$597,127
73$826,897$0$0$615,281
74$853,233$0$0$634,882
75$880,429$0$0$655,123
76$908,513$0$0$676,026
77$937,518$0$0$697,615
78$967,475$0$0$719,913
79$998,420$0$0$742,948
80$1,030,388$0$0$766,744
81$1,063,415$0$0$791,330
82$1,097,541$0$0$816,734
83$1,132,806$0$0$842,988
84$1,169,252$0$0$870,122
85$1,206,924$0$0$898,170
86$1,245,869$0$0$927,167
87$1,286,135$0$0$957,149
88$1,327,773$0$0$988,155
89$1,370,838$0$0$1,020,225
90$1,415,386$0$0$1,053,401
91$1,461,476$0$0$1,087,728
92$1,509,172$0$0$1,123,253
93$1,558,539$0$0$1,160,026
94$1,609,649$0$0$1,198,099
95$1,662,573$0$0$1,237,527
96$1,717,391$0$0$1,278,370
97$1,774,186$0$0$1,320,689
98$1,833,045$0$0$1,364,551
99$1,894,060$0$0$1,410,024
100$1,957,332$0$0$1,457,184