Can I retire at age 55 with 427,000?

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 $427,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$35,261$34,947$34,641$34,342$34,050$33,680
2 years$17,456$17,131$16,816$16,510$16,214$15,842
3 years$11,522$11,195$10,881$10,578$10,287$9,924
4 years$8,555$8,230$7,919$7,621$7,337$6,985
5 years$6,776$6,452$6,145$5,854$5,577$5,239
6 years$5,590$5,269$4,966$4,681$4,413$4,088
7 years$4,743$4,425$4,127$3,849$3,589$3,277
8 years$4,108$3,793$3,500$3,229$2,977$2,679
9 years$3,615$3,302$3,015$2,750$2,507$2,222
10 years$3,220$2,911$2,628$2,371$2,136$1,864
11 years$2,898$2,591$2,314$2,063$1,837$1,578
12 years$2,629$2,326$2,053$1,810$1,592$1,346
13 years$2,402$2,102$1,835$1,598$1,388$1,154
14 years$2,207$1,911$1,648$1,418$1,217$995
15 years$2,039$1,745$1,488$1,265$1,072$861
16 years$1,892$1,601$1,349$1,132$947$747
17 years$1,762$1,475$1,228$1,018$840$651
18 years$1,647$1,363$1,121$917$747$568
19 years$1,544$1,263$1,026$829$666$497
20 years$1,451$1,174$942$750$594$436
21 years$1,368$1,093$866$681$532$383
22 years$1,292$1,020$798$619$477$337
23 years$1,222$954$737$564$428$296
24 years$1,159$894$682$514$385$261
25 years$1,101$839$631$470$346$230
26 years$1,047$789$586$430$312$203
27 years$998$742$544$393$281$180
28 years$952$699$505$360$254$159
29 years$909$660$470$330$229$140
30 years$869$623$438$303$207$124
31 years$832$589$408$278$187$110
32 years$797$557$381$256$169$97
33 years$765$528$356$235$153$86
34 years$734$500$332$216$139$76
35 years$705$474$311$199$126$68
36 years$678$450$291$184$114$60
37 years$653$428$272$169$103$53
38 years$628$407$255$156$94$47
39 years$605$387$239$144$85$42
40 years$584$368$224$133$77$37
41 years$563$350$210$122$70$33
42 years$544$333$197$113$63$29
43 years$525$318$185$104$57$26
44 years$507$303$173$96$52$23
45 years$490$289$163$89$47$20
46 years$474$275$153$82$43$18
47 years$459$263$144$76$39$16
48 years$444$251$135$70$35$14
49 years$430$240$127$65$32$13
50 years$417$229$119$60$29$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $427,000, adding $4,417 every year, while hoping to spend $28,681 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: 47/26/27 Blend
54$427,000$427,000$427,000$427,000
55$475,110$452,479$445,861$493,585
56$493,055$444,134$430,281$498,701
57$511,869$434,419$413,217$501,102
58$531,610$423,237$394,591$503,148
59$552,343$410,483$374,318$504,822
60$574,135$396,050$352,311$506,105
61$597,061$379,821$328,478$506,979
62$621,204$361,675$302,724$507,426
63$646,651$341,481$274,950$507,429
64$673,500$319,104$245,051$506,972
65$701,855$294,398$212,918$506,039
66$731,831$267,211$178,438$504,618
67$763,555$237,381$141,492$502,694
68$797,162$204,737$101,957$500,260
69$832,802$169,099$59,702$497,306
70$870,639$130,276$14,594$493,827
71$910,852$88,067$0$489,823
72$953,635$42,259$0$494,960
73$999,204$0$0$504,694
74$1,047,792$0$0$516,984
75$1,099,655$0$0$543,037
76$1,155,077$0$0$570,907
77$1,214,363$0$0$600,752
78$1,277,854$0$0$632,747
79$1,345,918$0$0$667,084
80$1,418,963$0$0$703,971
81$1,497,436$0$0$743,640
82$1,581,825$0$0$786,342
83$1,672,669$0$0$832,356
84$1,770,559$0$0$881,986
85$1,876,142$0$0$935,568
86$1,990,132$0$0$993,469
87$2,113,311$0$0$1,056,093
88$2,246,541$0$0$1,123,886
89$2,390,766$0$0$1,197,336
90$2,547,028$0$0$1,276,981
91$2,716,469$0$0$1,363,411
92$2,900,347$0$0$1,457,277
93$3,100,045$0$0$1,559,293
94$3,317,083$0$0$1,670,246
95$3,553,136$0$0$1,791,001
96$3,810,043$0$0$1,922,511
97$4,089,832$0$0$2,065,822
98$4,394,731$0$0$2,222,089
99$4,727,193$0$0$2,392,580
100$5,089,919$0$0$2,578,692