Can I retire at age 55 with 539,000?

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 $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%18.2%
1 years$44,510$44,114$43,727$43,349$42,981$41,555
2 years$22,035$21,624$21,227$20,841$20,467$19,044
3 years$14,544$14,132$13,735$13,353$12,985$11,610
4 years$10,799$10,388$9,996$9,620$9,261$7,945
5 years$8,553$8,145$7,757$7,389$7,040$5,786
6 years$7,056$6,651$6,269$5,909$5,571$4,379
7 years$5,987$5,585$5,209$4,858$4,530$3,401
8 years$5,186$4,788$4,418$4,075$3,758$2,691
9 years$4,563$4,168$3,805$3,471$3,165$2,159
10 years$4,065$3,674$3,317$2,992$2,697$1,749
11 years$3,658$3,271$2,921$2,604$2,319$1,429
12 years$3,319$2,936$2,592$2,284$2,010$1,175
13 years$3,032$2,653$2,316$2,017$1,753$971
14 years$2,786$2,412$2,081$1,790$1,536$805
15 years$2,574$2,203$1,879$1,597$1,353$670
16 years$2,388$2,021$1,703$1,430$1,196$560
17 years$2,224$1,862$1,550$1,284$1,060$468
18 years$2,079$1,720$1,415$1,158$943$392
19 years$1,949$1,594$1,295$1,046$840$329
20 years$1,832$1,481$1,189$947$750$277
21 years$1,726$1,380$1,093$860$672$233
22 years$1,630$1,288$1,008$782$602$196
23 years$1,543$1,205$930$712$540$165
24 years$1,463$1,129$861$649$486$139
25 years$1,390$1,059$797$593$437$117
26 years$1,322$996$739$542$394$99
27 years$1,259$937$686$496$355$84
28 years$1,201$883$638$455$320$71
29 years$1,147$833$594$417$289$60
30 years$1,097$787$553$383$261$50
31 years$1,050$744$516$351$236$43
32 years$1,006$704$481$323$214$36
33 years$965$666$449$297$193$30
34 years$927$631$420$273$175$26
35 years$890$599$392$252$159$22
36 years$856$568$367$232$144$18
37 years$824$540$344$213$130$16
38 years$793$513$322$197$118$13
39 years$764$488$301$181$107$11
40 years$737$464$283$167$97$9
41 years$711$442$265$154$88$8
42 years$686$421$249$142$80$7
43 years$663$401$233$132$73$6
44 years$640$382$219$121$66$5
45 years$619$364$206$112$60$4
46 years$599$348$193$104$54$3
47 years$579$332$181$96$49$3
48 years$561$317$170$88$45$2
49 years$543$302$160$82$41$2
50 years$526$289$151$76$37$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $539,000, adding $4,028 every year, while hoping to spend $25,108 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: 32/42/26 Blend
54$539,000$539,000$539,000$539,000
55$598,133$569,566$561,211$612,411
56$632,428$570,760$553,297$624,816
57$669,379$571,171$544,276$635,655
58$709,232$570,734$534,085$646,832
59$752,254$569,380$522,658$658,391
60$798,740$567,037$509,924$670,387
61$849,016$563,626$495,810$682,880
62$903,437$559,065$480,241$695,939
63$962,395$553,267$463,137$709,643
64$1,026,322$546,139$444,415$724,079
65$1,095,691$537,584$423,986$739,350
66$1,171,023$527,497$401,761$755,567
67$1,252,891$515,768$377,644$772,860
68$1,341,926$502,281$351,535$791,373
69$1,438,821$486,912$323,331$811,268
70$1,544,341$469,531$292,923$832,728
71$1,659,325$449,999$260,196$855,956
72$1,784,697$428,169$225,034$881,185
73$1,921,474$403,888$187,311$908,669
74$2,070,778$376,992$146,899$938,699
75$2,233,839$347,307$103,662$971,595
76$2,412,016$314,650$57,460$1,007,718
77$2,606,802$278,828$8,146$1,047,471
78$2,819,843$239,637$0$1,091,302
79$3,052,948$196,861$0$1,152,052
80$3,308,113$150,272$0$1,221,151
81$3,587,534$99,628$0$1,297,007
82$3,893,628$44,675$0$1,380,359
83$4,229,059$0$0$1,472,028
84$4,596,760$0$0$1,579,788
85$4,999,960$0$0$1,720,675
86$5,442,219$0$0$1,875,294
87$5,927,455$0$0$2,045,026
88$6,459,983$0$0$2,231,392
89$7,044,559$0$0$2,436,067
90$7,686,420$0$0$2,660,897
91$8,391,336$0$0$2,907,915
92$9,165,661$0$0$3,179,360
93$10,016,397$0$0$3,477,700
94$10,951,257$0$0$3,805,652
95$11,978,738$0$0$4,166,213
96$13,108,202$0$0$4,562,681
97$14,349,961$0$0$4,998,692
98$15,715,379$0$0$5,478,250
99$17,216,973$0$0$6,005,768
100$18,868,537$0$0$6,586,108