Can I retire at age 55 with 439,000?

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 $439,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$36,252$35,929$35,614$35,307$35,006$34,133
2 years$17,947$17,612$17,288$16,974$16,670$15,795
3 years$11,846$11,510$11,187$10,876$10,576$9,727
4 years$8,796$8,461$8,141$7,835$7,543$6,727
5 years$6,966$6,634$6,318$6,018$5,734$4,953
6 years$5,747$5,417$5,106$4,813$4,537$3,792
7 years$4,876$4,549$4,243$3,957$3,690$2,981
8 years$4,224$3,899$3,598$3,319$3,061$2,388
9 years$3,716$3,395$3,099$2,827$2,578$1,940
10 years$3,311$2,993$2,702$2,437$2,196$1,593
11 years$2,979$2,664$2,379$2,121$1,889$1,319
12 years$2,703$2,391$2,111$1,860$1,637$1,100
13 years$2,469$2,161$1,886$1,643$1,428$922
14 years$2,269$1,964$1,695$1,458$1,251$776
15 years$2,096$1,794$1,530$1,300$1,102$655
16 years$1,945$1,646$1,387$1,164$974$555
17 years$1,812$1,516$1,262$1,046$863$472
18 years$1,693$1,401$1,152$943$768$401
19 years$1,587$1,298$1,055$852$684$342
20 years$1,492$1,207$968$772$611$292
21 years$1,406$1,124$891$700$547$250
22 years$1,328$1,049$821$637$490$214
23 years$1,257$981$758$580$440$183
24 years$1,192$919$701$529$396$157
25 years$1,132$863$649$483$356$135
26 years$1,077$811$602$442$321$116
27 years$1,026$763$559$404$289$99
28 years$978$719$520$370$261$85
29 years$935$678$484$340$236$73
30 years$894$641$450$312$213$63
31 years$855$606$420$286$192$54
32 years$820$573$392$263$174$47
33 years$786$543$366$242$158$40
34 years$755$514$342$223$143$35
35 years$725$488$320$205$129$30
36 years$697$463$299$189$117$26
37 years$671$440$280$174$106$22
38 years$646$418$262$160$96$19
39 years$622$397$246$148$87$16
40 years$600$378$230$136$79$14
41 years$579$360$216$126$72$12
42 years$559$343$202$116$65$10
43 years$540$327$190$107$59$9
44 years$522$311$178$99$54$8
45 years$504$297$167$91$49$7
46 years$488$283$157$84$44$6
47 years$472$270$148$78$40$5
48 years$457$258$139$72$36$4
49 years$442$246$130$67$33$4
50 years$429$235$123$62$30$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $439,000, adding $2,227 every year, while hoping to spend $31,396 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: 75/15/10 Blend
54$439,000$439,000$439,000$439,000
55$486,075$462,808$456,004$521,492
56$502,250$452,081$437,875$534,412
57$519,022$439,775$418,086$544,384
58$536,419$425,781$396,549$554,430
59$554,472$409,982$373,171$564,546
60$573,211$392,254$347,855$574,728
61$592,670$372,466$320,500$584,974
62$612,885$350,480$290,999$595,281
63$633,894$326,149$259,243$605,645
64$655,739$299,318$225,116$616,065
65$678,464$269,824$188,496$626,539
66$702,116$237,493$149,259$637,066
67$726,745$202,144$107,273$647,646
68$752,406$163,582$62,400$658,278
69$779,158$121,604$14,497$668,966
70$807,064$75,995$0$679,712
71$836,192$26,526$0$694,427
72$866,615$0$0$711,116
73$898,413$0$0$732,719
74$931,672$0$0$759,898
75$966,484$0$0$788,352
76$1,002,951$0$0$818,162
77$1,041,180$0$0$849,419
78$1,081,290$0$0$882,220
79$1,123,410$0$0$916,671
80$1,167,679$0$0$952,886
81$1,214,247$0$0$990,991
82$1,263,282$0$0$1,031,121
83$1,314,960$0$0$1,073,425
84$1,369,479$0$0$1,118,063
85$1,427,051$0$0$1,165,211
86$1,487,909$0$0$1,215,062
87$1,552,307$0$0$1,267,823
88$1,620,521$0$0$1,323,724
89$1,692,854$0$0$1,383,015
90$1,769,636$0$0$1,445,968
91$1,851,230$0$0$1,512,881
92$1,938,031$0$0$1,584,081
93$2,030,471$0$0$1,659,926
94$2,129,026$0$0$1,740,806
95$2,234,214$0$0$1,827,150
96$2,346,604$0$0$1,919,429
97$2,466,819$0$0$2,018,155
98$2,595,543$0$0$2,123,895
99$2,733,527$0$0$2,237,266
100$2,881,591$0$0$2,358,949