Can I retire at age 55 with 443,000?

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 $443,000?

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$36,583$36,257$35,939$35,628$35,325$33,964
2 years$18,110$17,773$17,446$17,129$16,822$15,466
3 years$11,954$11,615$11,289$10,975$10,672$9,366
4 years$8,876$8,538$8,215$7,907$7,612$6,364
5 years$7,030$6,694$6,375$6,073$5,786$4,600
6 years$5,799$5,466$5,152$4,857$4,578$3,455
7 years$4,921$4,590$4,282$3,993$3,723$2,662
8 years$4,262$3,935$3,631$3,350$3,089$2,089
9 years$3,750$3,426$3,127$2,853$2,601$1,661
10 years$3,341$3,020$2,727$2,459$2,217$1,334
11 years$3,006$2,688$2,400$2,140$1,906$1,080
12 years$2,728$2,413$2,130$1,877$1,652$880
13 years$2,492$2,181$1,903$1,657$1,441$720
14 years$2,290$1,982$1,710$1,471$1,263$592
15 years$2,115$1,811$1,544$1,312$1,112$488
16 years$1,963$1,661$1,400$1,175$983$403
17 years$1,828$1,530$1,274$1,056$871$333
18 years$1,708$1,414$1,163$951$775$277
19 years$1,602$1,310$1,065$860$691$230
20 years$1,506$1,218$977$779$617$191
21 years$1,419$1,134$899$707$552$159
22 years$1,340$1,059$828$642$495$132
23 years$1,268$990$765$585$444$110
24 years$1,203$928$707$534$399$92
25 years$1,142$871$655$487$359$77
26 years$1,086$818$608$446$324$64
27 years$1,035$770$564$408$292$53
28 years$987$726$524$374$263$45
29 years$943$685$488$343$238$37
30 years$902$646$455$315$215$31
31 years$863$611$424$289$194$26
32 years$827$578$395$265$176$22
33 years$793$548$369$244$159$18
34 years$762$519$345$225$144$15
35 years$732$492$323$207$130$13
36 years$704$467$302$190$118$11
37 years$677$444$282$175$107$9
38 years$652$422$264$162$97$7
39 years$628$401$248$149$88$6
40 years$606$382$232$138$80$5
41 years$584$363$218$127$72$4
42 years$564$346$204$117$66$4
43 years$545$330$192$108$60$3
44 years$526$314$180$100$54$3
45 years$509$300$169$92$49$2
46 years$492$286$159$85$45$2
47 years$476$273$149$79$41$1
48 years$461$260$140$73$37$1
49 years$446$249$132$67$33$1
50 years$433$237$124$62$30$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $443,000, adding $3,919 every year, while hoping to spend $29,507 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: 60/35/5 Blend
54$443,000$443,000$443,000$443,000
55$492,228$468,749$461,883$521,107
56$511,041$460,323$445,961$532,465
57$530,782$450,495$428,516$541,088
58$551,518$439,165$409,467$549,735
59$573,316$426,227$388,728$558,411
60$596,253$411,570$366,209$567,118
61$620,409$395,076$341,815$575,864
62$645,875$376,618$315,450$584,655
63$672,746$356,065$287,010$593,502
64$701,130$333,276$256,388$602,418
65$731,142$308,103$223,474$611,420
66$762,907$280,389$188,149$620,527
67$796,564$249,968$150,292$629,764
68$832,263$216,666$109,776$639,159
69$870,168$180,297$66,468$648,746
70$910,460$140,666$20,230$658,566
71$953,335$97,567$0$668,664
72$999,008$50,781$0$680,650
73$1,047,715$78$0$694,286
74$1,099,716$0$0$708,573
75$1,155,291$0$0$744,704
76$1,214,753$0$0$783,416
77$1,278,441$0$0$824,904
78$1,346,729$0$0$869,413
79$1,420,025$0$0$917,214
80$1,498,779$0$0$968,602
81$1,583,485$0$0$1,023,904
82$1,674,682$0$0$1,083,476
83$1,772,967$0$0$1,147,712
84$1,878,993$0$0$1,217,042
85$1,993,476$0$0$1,291,940
86$2,117,206$0$0$1,372,926
87$2,251,048$0$0$1,460,573
88$2,395,956$0$0$1,555,510
89$2,552,976$0$0$1,658,428
90$2,723,260$0$0$1,770,087
91$2,908,075$0$0$1,891,325
92$3,108,813$0$0$2,023,061
93$3,327,005$0$0$2,166,306
94$3,564,337$0$0$2,322,175
95$3,822,664$0$0$2,491,891
96$4,104,025$0$0$2,676,804
97$4,410,665$0$0$2,878,396
98$4,745,056$0$0$3,098,301
99$5,109,916$0$0$3,338,314
100$5,508,240$0$0$3,600,414