Can I retire at age 55 with 451,000?

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 $451,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$37,243$36,911$36,588$36,272$35,963$35,782
2 years$18,437$18,094$17,761$17,438$17,125$16,942
3 years$12,169$11,825$11,493$11,173$10,865$10,686
4 years$9,036$8,692$8,364$8,049$7,749$7,575
5 years$7,157$6,815$6,491$6,183$5,891$5,723
6 years$5,904$5,565$5,245$4,944$4,661$4,499
7 years$5,010$4,673$4,359$4,065$3,791$3,635
8 years$4,339$4,006$3,697$3,410$3,145$2,995
9 years$3,818$3,488$3,184$2,905$2,648$2,505
10 years$3,401$3,074$2,776$2,504$2,257$2,119
11 years$3,061$2,737$2,444$2,179$1,941$1,809
12 years$2,777$2,457$2,169$1,911$1,682$1,556
13 years$2,537$2,220$1,938$1,687$1,467$1,347
14 years$2,331$2,018$1,741$1,498$1,286$1,172
15 years$2,154$1,843$1,572$1,336$1,132$1,023
16 years$1,998$1,691$1,425$1,196$1,000$897
17 years$1,861$1,558$1,297$1,075$887$789
18 years$1,739$1,439$1,184$969$789$696
19 years$1,631$1,334$1,084$875$703$615
20 years$1,533$1,240$995$793$628$545
21 years$1,444$1,155$915$719$562$483
22 years$1,364$1,078$843$654$504$429
23 years$1,291$1,008$779$596$452$382
24 years$1,224$944$720$543$406$340
25 years$1,163$886$667$496$366$303
26 years$1,106$833$618$454$329$271
27 years$1,054$784$574$415$297$242
28 years$1,005$739$534$380$268$216
29 years$960$697$497$349$242$193
30 years$918$658$463$320$219$173
31 years$879$622$431$294$198$155
32 years$842$589$403$270$179$139
33 years$808$557$376$249$162$124
34 years$775$528$351$229$147$111
35 years$745$501$328$210$133$100
36 years$716$476$307$194$120$90
37 years$689$452$287$179$109$80
38 years$664$429$269$165$99$72
39 years$640$408$252$152$90$65
40 years$617$388$236$140$81$58
41 years$595$370$222$129$74$52
42 years$574$352$208$119$67$47
43 years$555$336$195$110$61$42
44 years$536$320$183$102$55$38
45 years$518$305$172$94$50$34
46 years$501$291$162$87$45$31
47 years$485$278$152$80$41$27
48 years$469$265$143$74$37$25
49 years$455$253$134$68$34$22
50 years$440$242$126$63$31$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $451,000, adding $2,291 every year, while hoping to spend $33,924 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: 39/37/24 Blend
54$451,000$451,000$451,000$451,000
55$499,365$475,462$468,472$515,202
56$514,206$462,665$448,071$514,089
57$529,423$448,104$425,849$509,541
58$545,019$431,656$401,710$503,950
59$560,997$413,193$375,553$497,242
60$577,356$392,577$347,272$489,339
61$594,097$369,664$316,756$480,157
62$611,218$344,300$283,890$469,606
63$628,715$316,324$248,554$457,593
64$646,585$285,565$210,621$444,019
65$664,820$251,841$169,961$428,777
66$683,412$214,962$126,435$411,757
67$702,350$174,725$79,900$392,839
68$721,620$130,917$30,208$371,897
69$741,207$83,313$0$348,800
70$761,090$31,675$0$329,249
71$781,245$0$0$315,886
72$801,646$0$0$310,725
73$822,260$0$0$318,520
74$843,051$0$0$326,357
75$863,975$0$0$334,217
76$884,984$0$0$342,077
77$906,021$0$0$349,913
78$927,024$0$0$357,696
79$947,919$0$0$365,394
80$968,625$0$0$372,970
81$989,050$0$0$380,383
82$1,009,090$0$0$387,588
83$1,028,627$0$0$394,533
84$1,047,530$0$0$401,159
85$1,065,652$0$0$407,402
86$1,082,827$0$0$413,190
87$1,098,871$0$0$418,441
88$1,113,577$0$0$423,066
89$1,126,717$0$0$426,964
90$1,138,033$0$0$430,023
91$1,147,239$0$0$432,119
92$1,154,017$0$0$433,113
93$1,158,015$0$0$432,851
94$1,158,838$0$0$431,162
95$1,156,051$0$0$427,857
96$1,149,168$0$0$422,726
97$1,137,652$0$0$415,535
98$1,120,906$0$0$406,026
99$1,098,269$0$0$393,912
100$1,069,009$0$0$378,876