Can I retire at age 55 with 452,000?

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 $452,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$37,326$36,993$36,669$36,352$36,043$35,258
2 years$18,478$18,134$17,800$17,477$17,163$16,376
3 years$12,196$11,851$11,518$11,198$10,889$10,125
4 years$9,056$8,712$8,382$8,067$7,766$7,030
5 years$7,172$6,830$6,505$6,196$5,904$5,198
6 years$5,917$5,577$5,257$4,955$4,671$3,997
7 years$5,021$4,684$4,369$4,074$3,799$3,157
8 years$4,349$4,015$3,705$3,418$3,152$2,540
9 years$3,826$3,496$3,191$2,911$2,654$2,074
10 years$3,409$3,081$2,782$2,509$2,262$1,711
11 years$3,067$2,743$2,449$2,184$1,945$1,424
12 years$2,783$2,462$2,174$1,916$1,685$1,193
13 years$2,543$2,225$1,942$1,691$1,470$1,006
14 years$2,337$2,022$1,745$1,501$1,288$851
15 years$2,158$1,847$1,575$1,339$1,134$723
16 years$2,003$1,695$1,428$1,199$1,003$616
17 years$1,865$1,561$1,300$1,077$889$526
18 years$1,743$1,442$1,186$971$790$451
19 years$1,634$1,337$1,086$877$705$387
20 years$1,536$1,242$997$794$629$332
21 years$1,448$1,157$917$721$563$286
22 years$1,367$1,080$845$656$505$246
23 years$1,294$1,010$780$597$453$212
24 years$1,227$947$722$544$407$183
25 years$1,165$888$668$497$366$158
26 years$1,109$835$620$455$330$137
27 years$1,056$786$576$416$298$118
28 years$1,007$740$535$381$269$102
29 years$962$698$498$350$243$88
30 years$920$660$464$321$219$76
31 years$881$624$432$295$198$66
32 years$844$590$403$271$179$57
33 years$809$559$377$249$162$50
34 years$777$530$352$229$147$43
35 years$747$502$329$211$133$37
36 years$718$477$308$194$120$32
37 years$691$453$288$179$109$28
38 years$665$430$270$165$99$24
39 years$641$409$253$152$90$21
40 years$618$389$237$140$81$18
41 years$596$371$222$129$74$16
42 years$575$353$208$119$67$14
43 years$556$336$196$110$61$12
44 years$537$321$184$102$55$10
45 years$519$306$172$94$50$9
46 years$502$292$162$87$46$8
47 years$486$278$152$80$41$7
48 years$470$266$143$74$38$6
49 years$456$254$134$69$34$5
50 years$441$242$126$63$31$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $452,000, adding $5,844 every year, while hoping to spend $23,537 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: 60/20/20 Blend
54$452,000$452,000$452,000$452,000
55$504,132$480,176$473,170$531,409
56$530,510$478,662$463,978$549,047
57$558,790$476,284$453,689$565,181
58$589,141$472,976$442,242$582,252
59$621,749$468,667$429,572$600,355
60$656,816$463,281$415,612$619,593
61$694,567$456,737$400,291$640,084
62$735,248$448,952$383,536$661,957
63$779,128$439,836$365,269$685,356
64$826,504$429,292$345,410$710,440
65$877,701$417,221$323,875$737,386
66$933,077$403,516$300,575$766,390
67$993,026$388,063$275,419$797,670
68$1,057,980$370,743$248,311$831,467
69$1,128,414$351,431$219,151$868,048
70$1,204,853$329,991$187,832$907,710
71$1,287,870$306,283$154,247$950,780
72$1,378,100$280,157$118,281$997,621
73$1,476,236$251,456$79,814$1,048,637
74$1,583,047$220,011$38,722$1,104,273
75$1,699,373$185,647$0$1,165,022
76$1,826,142$148,177$0$1,232,526
77$1,964,375$107,405$0$1,315,182
78$2,115,195$63,121$0$1,405,418
79$2,279,838$15,107$0$1,504,005
80$2,459,664$0$0$1,611,794
81$2,656,172$0$0$1,737,838
82$2,871,012$0$0$1,879,309
83$3,105,997$0$0$2,034,083
84$3,363,129$0$0$2,203,481
85$3,644,608$0$0$2,388,959
86$3,952,860$0$0$2,592,117
87$4,290,552$0$0$2,814,722
88$4,660,626$0$0$3,058,716
89$5,066,319$0$0$3,326,239
90$5,511,198$0$0$3,619,649
91$5,999,190$0$0$3,941,542
92$6,534,621$0$0$4,294,778
93$7,122,257$0$0$4,682,507
94$7,767,347$0$0$5,108,198
95$8,475,672$0$0$5,575,674
96$9,253,603$0$0$6,089,146
97$10,108,155$0$0$6,653,252
98$11,047,057$0$0$7,273,101
99$12,078,826$0$0$7,954,323
100$13,212,841$0$0$8,703,120