Can I retire at age 55 with 727,000?

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 $727,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$60,035$59,500$58,978$58,469$57,972$55,804
2 years$29,720$29,167$28,630$28,110$27,606$25,447
3 years$19,617$19,061$18,526$18,010$17,514$15,432
4 years$14,566$14,012$13,482$12,976$12,491$10,501
5 years$11,536$10,985$10,463$9,966$9,496$7,603
6 years$9,517$8,970$8,455$7,970$7,514$5,720
7 years$8,075$7,533$7,026$6,553$6,111$4,415
8 years$6,995$6,457$5,959$5,497$5,069$3,471
9 years$6,155$5,622$5,132$4,682$4,269$2,765
10 years$5,483$4,956$4,475$4,036$3,637$2,225
11 years$4,934$4,412$3,939$3,513$3,128$1,805
12 years$4,476$3,960$3,496$3,081$2,711$1,473
13 years$4,089$3,579$3,124$2,720$2,364$1,208
14 years$3,758$3,253$2,806$2,415$2,072$995
15 years$3,472$2,972$2,534$2,153$1,825$821
16 years$3,221$2,726$2,297$1,928$1,613$680
17 years$3,000$2,511$2,090$1,732$1,430$564
18 years$2,804$2,320$1,908$1,561$1,271$469
19 years$2,628$2,150$1,747$1,411$1,133$390
20 years$2,471$1,998$1,603$1,278$1,012$325
21 years$2,328$1,861$1,475$1,160$906$271
22 years$2,199$1,737$1,359$1,054$812$227
23 years$2,081$1,625$1,255$960$729$189
24 years$1,973$1,522$1,161$876$655$158
25 years$1,874$1,429$1,075$800$589$132
26 years$1,783$1,343$997$731$531$111
27 years$1,699$1,264$926$669$479$93
28 years$1,620$1,191$861$613$432$78
29 years$1,548$1,123$801$562$390$65
30 years$1,480$1,061$746$516$352$54
31 years$1,417$1,003$695$474$319$46
32 years$1,357$949$649$436$288$38
33 years$1,302$899$606$401$261$32
34 years$1,250$852$566$369$236$27
35 years$1,201$808$529$339$214$22
36 years$1,155$767$495$312$194$19
37 years$1,111$728$463$288$176$16
38 years$1,070$692$434$265$159$13
39 years$1,031$658$407$245$144$11
40 years$994$626$381$226$131$9
41 years$959$596$357$208$119$8
42 years$926$568$335$192$108$7
43 years$894$541$315$177$98$5
44 years$864$516$295$164$89$5
45 years$835$492$277$151$81$4
46 years$808$469$260$140$73$3
47 years$782$448$245$129$66$3
48 years$757$427$230$119$60$2
49 years$733$408$216$110$55$2
50 years$710$390$203$102$50$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $727,000, adding $2,120 every year, while hoping to spend $25,820 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: 64/17/19 Blend
54$727,000$727,000$727,000$727,000
55$803,341$764,810$753,541$850,763
56$857,809$774,813$751,313$892,897
57$916,968$784,441$748,144$935,784
58$981,269$793,649$743,976$982,029
59$1,051,207$802,386$738,749$1,031,961
60$1,127,329$810,603$732,396$1,085,942
61$1,210,236$818,242$724,851$1,144,373
62$1,300,589$825,244$716,042$1,207,698
63$1,399,116$831,548$705,896$1,276,402
64$1,506,617$837,085$694,335$1,351,024
65$1,623,975$841,785$681,278$1,432,156
66$1,752,159$845,571$666,639$1,520,454
67$1,892,237$848,362$650,330$1,616,638
68$2,045,386$850,073$632,257$1,721,504
69$2,212,901$850,612$612,323$1,835,931
70$2,396,208$849,882$590,426$1,960,887
71$2,596,875$847,781$566,460$2,097,440
72$2,816,633$844,199$540,313$2,246,768
73$3,057,385$839,020$511,868$2,410,170
74$3,321,227$832,121$481,005$2,589,079
75$3,610,469$823,371$447,595$2,785,076
76$3,927,653$812,633$411,506$2,999,903
77$4,275,581$799,760$372,599$3,235,483
78$4,657,338$784,595$330,729$3,493,935
79$5,076,323$766,976$285,744$3,777,598
80$5,536,277$746,728$237,486$4,089,048
81$6,041,325$723,665$185,790$4,431,130
82$6,596,009$697,594$130,483$4,806,979
83$7,205,333$668,306$71,385$5,220,050
84$7,874,808$635,585$8,307$5,674,156
85$8,610,508$599,198$0$6,173,500
86$9,419,122$558,900$0$6,734,679
87$10,308,020$514,434$0$7,353,416
88$11,285,322$465,526$0$8,033,703
89$12,359,975$411,886$0$8,781,796
90$13,541,833$353,210$0$9,604,594
91$14,841,758$289,175$0$10,509,696
92$16,271,712$219,439$0$11,505,480
93$17,844,879$143,644$0$12,601,179
94$19,575,783$61,408$0$13,806,968
95$21,480,426$0$0$15,134,063
96$23,576,443$0$0$16,599,999
97$25,883,261$0$0$18,226,070
98$28,422,288$0$0$20,015,885
99$31,217,113$0$0$21,986,081
100$34,293,725$0$0$24,154,987