Can I retire at age 55 with 433,000?

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 $433,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$35,757$35,438$35,127$34,824$34,528$33,145
2 years$17,701$17,372$17,052$16,742$16,442$15,066
3 years$11,684$11,353$11,034$10,727$10,431$9,106
4 years$8,675$8,345$8,030$7,728$7,440$6,175
5 years$6,871$6,543$6,231$5,936$5,656$4,454
6 years$5,668$5,343$5,036$4,747$4,475$3,338
7 years$4,810$4,487$4,185$3,903$3,639$2,566
8 years$4,166$3,846$3,549$3,274$3,019$2,009
9 years$3,666$3,349$3,057$2,789$2,543$1,594
10 years$3,266$2,952$2,665$2,404$2,166$1,277
11 years$2,938$2,628$2,346$2,092$1,863$1,031
12 years$2,666$2,358$2,082$1,835$1,615$837
13 years$2,436$2,131$1,860$1,620$1,408$683
14 years$2,238$1,937$1,672$1,438$1,234$560
15 years$2,068$1,770$1,509$1,283$1,087$460
16 years$1,918$1,624$1,368$1,148$960$379
17 years$1,787$1,495$1,245$1,032$852$313
18 years$1,670$1,382$1,137$930$757$259
19 years$1,565$1,281$1,041$840$675$214
20 years$1,472$1,190$955$761$603$178
21 years$1,387$1,109$878$691$539$147
22 years$1,310$1,035$810$628$484$122
23 years$1,240$968$747$572$434$102
24 years$1,175$907$691$522$390$84
25 years$1,116$851$640$476$351$70
26 years$1,062$800$594$436$316$58
27 years$1,012$753$551$399$285$49
28 years$965$709$513$365$257$40
29 years$922$669$477$335$232$34
30 years$881$632$444$307$210$28
31 years$844$597$414$282$190$23
32 years$808$565$386$259$172$19
33 years$775$535$361$239$155$16
34 years$744$507$337$220$141$13
35 years$715$481$315$202$127$11
36 years$688$457$295$186$115$9
37 years$662$434$276$171$105$8
38 years$637$412$258$158$95$7
39 years$614$392$242$146$86$5
40 years$592$373$227$134$78$5
41 years$571$355$213$124$71$4
42 years$551$338$200$114$64$3
43 years$532$322$187$106$58$3
44 years$514$307$176$98$53$2
45 years$497$293$165$90$48$2
46 years$481$279$155$83$44$2
47 years$465$267$146$77$40$1
48 years$451$254$137$71$36$1
49 years$436$243$129$66$33$1
50 years$423$232$121$61$30$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $433,000, adding $5,421 every year, while hoping to spend $26,847 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: 32/44/24 Blend
54$433,000$433,000$433,000$433,000
55$482,758$459,809$453,097$494,507
56$503,434$453,774$439,711$497,819
57$525,320$446,545$424,977$498,601
58$548,509$438,032$408,820$498,900
59$573,107$428,146$391,165$498,691
60$599,226$416,787$371,932$497,950
61$626,990$403,853$351,035$496,651
62$656,536$389,234$328,387$494,771
63$688,012$372,816$303,897$492,285
64$721,580$354,475$277,469$489,171
65$757,419$334,082$249,002$485,408
66$795,724$311,500$218,392$480,974
67$836,709$286,585$185,529$475,853
68$880,609$259,183$150,300$470,027
69$927,681$229,134$112,585$463,483
70$978,209$196,265$72,260$456,211
71$1,032,500$160,396$29,196$448,206
72$1,090,897$121,337$0$439,465
73$1,153,772$78,887$0$434,285
74$1,221,537$32,831$0$436,641
75$1,294,640$0$0$439,103
76$1,373,578$0$0$449,994
77$1,458,895$0$0$478,997
78$1,551,188$0$0$510,426
79$1,651,115$0$0$544,512
80$1,759,398$0$0$581,508
81$1,876,832$0$0$621,694
82$2,004,290$0$0$665,376
83$2,142,734$0$0$712,892
84$2,293,220$0$0$764,614
85$2,456,911$0$0$820,950
86$2,635,088$0$0$882,350
87$2,829,156$0$0$949,309
88$3,040,666$0$0$1,022,373
89$3,271,323$0$0$1,102,140
90$3,523,003$0$0$1,189,271
91$3,797,771$0$0$1,284,494
92$4,097,902$0$0$1,388,607
93$4,425,898$0$0$1,502,492
94$4,784,514$0$0$1,627,120
95$5,176,785$0$0$1,763,558
96$5,606,052$0$0$1,912,982
97$6,075,994$0$0$2,076,688
98$6,590,660$0$0$2,256,102
99$7,154,511$0$0$2,452,796
100$7,772,462$0$0$2,668,500