Can I retire at age 55 with 539,000?

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 $539,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$44,510$44,114$43,727$43,349$42,981$42,549
2 years$22,035$21,624$21,227$20,841$20,467$20,033
3 years$14,544$14,132$13,735$13,353$12,985$12,561
4 years$10,799$10,388$9,996$9,620$9,261$8,851
5 years$8,553$8,145$7,757$7,389$7,040$6,645
6 years$7,056$6,651$6,269$5,909$5,571$5,190
7 years$5,987$5,585$5,209$4,858$4,530$4,166
8 years$5,186$4,788$4,418$4,075$3,758$3,409
9 years$4,563$4,168$3,805$3,471$3,165$2,831
10 years$4,065$3,674$3,317$2,992$2,697$2,378
11 years$3,658$3,271$2,921$2,604$2,319$2,016
12 years$3,319$2,936$2,592$2,284$2,010$1,721
13 years$3,032$2,653$2,316$2,017$1,753$1,478
14 years$2,786$2,412$2,081$1,790$1,536$1,275
15 years$2,574$2,203$1,879$1,597$1,353$1,105
16 years$2,388$2,021$1,703$1,430$1,196$961
17 years$2,224$1,862$1,550$1,284$1,060$838
18 years$2,079$1,720$1,415$1,158$943$733
19 years$1,949$1,594$1,295$1,046$840$642
20 years$1,832$1,481$1,189$947$750$564
21 years$1,726$1,380$1,093$860$672$496
22 years$1,630$1,288$1,008$782$602$436
23 years$1,543$1,205$930$712$540$385
24 years$1,463$1,129$861$649$486$340
25 years$1,390$1,059$797$593$437$300
26 years$1,322$996$739$542$394$265
27 years$1,259$937$686$496$355$235
28 years$1,201$883$638$455$320$208
29 years$1,147$833$594$417$289$184
30 years$1,097$787$553$383$261$163
31 years$1,050$744$516$351$236$145
32 years$1,006$704$481$323$214$128
33 years$965$666$449$297$193$114
34 years$927$631$420$273$175$101
35 years$890$599$392$252$159$90
36 years$856$568$367$232$144$80
37 years$824$540$344$213$130$71
38 years$793$513$322$197$118$63
39 years$764$488$301$181$107$56
40 years$737$464$283$167$97$50
41 years$711$442$265$154$88$44
42 years$686$421$249$142$80$39
43 years$663$401$233$132$73$35
44 years$640$382$219$121$66$31
45 years$619$364$206$112$60$28
46 years$599$348$193$104$54$24
47 years$579$332$181$96$49$22
48 years$561$317$170$88$45$19
49 years$543$302$160$82$41$17
50 years$526$289$151$76$37$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $539,000, adding $6,315 every year, while hoping to spend $40,789 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: 28/48/24 Blend
54$539,000$539,000$539,000$539,000
55$600,492$571,925$563,570$612,660
56$618,343$556,550$539,051$607,345
57$636,648$539,055$512,343$597,642
58$655,409$519,292$483,330$586,368
59$674,630$497,106$451,890$573,417
60$694,311$472,333$417,898$558,675
61$714,452$444,799$381,218$542,020
62$735,051$414,318$341,714$523,326
63$756,104$380,698$299,239$502,457
64$777,606$343,732$253,643$479,271
65$799,549$303,202$204,767$453,617
66$821,923$258,879$152,447$425,334
67$844,715$210,520$96,510$394,255
68$867,909$157,869$36,776$360,200
69$891,486$100,654$0$322,980
70$915,421$38,590$0$289,303
71$939,687$0$0$262,549
72$964,252$0$0$248,241
73$989,076$0$0$254,349
74$1,014,117$0$0$260,474
75$1,039,323$0$0$266,599
76$1,064,635$0$0$272,706
77$1,089,987$0$0$278,771
78$1,115,303$0$0$284,769
79$1,140,497$0$0$290,673
80$1,165,470$0$0$296,449
81$1,190,113$0$0$302,063
82$1,214,301$0$0$307,474
83$1,237,894$0$0$312,637
84$1,260,736$0$0$317,501
85$1,282,649$0$0$322,010
86$1,303,438$0$0$326,101
87$1,322,880$0$0$329,704
88$1,340,730$0$0$332,739
89$1,356,712$0$0$335,121
90$1,370,521$0$0$336,751
91$1,381,813$0$0$337,522
92$1,390,210$0$0$337,314
93$1,395,288$0$0$335,994
94$1,396,577$0$0$333,414
95$1,393,555$0$0$329,410
96$1,385,643$0$0$323,800
97$1,372,196$0$0$316,383
98$1,352,503$0$0$306,935
99$1,325,772$0$0$295,209
100$1,291,126$0$0$280,932