Can I retire at age 55 with 731,000?

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 $731,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$60,365$59,828$59,303$58,791$58,291$56,470
2 years$29,884$29,327$28,788$28,265$27,758$25,939
3 years$19,725$19,166$18,628$18,110$17,611$15,852
4 years$14,646$14,089$13,556$13,047$12,560$10,875
5 years$11,600$11,046$10,520$10,021$9,548$7,940
6 years$9,569$9,020$8,502$8,014$7,555$6,026
7 years$8,120$7,575$7,065$6,589$6,144$4,694
8 years$7,033$6,493$5,992$5,527$5,097$3,725
9 years$6,188$5,653$5,161$4,708$4,293$2,997
10 years$5,513$4,983$4,499$4,058$3,657$2,437
11 years$4,961$4,436$3,961$3,532$3,146$1,997
12 years$4,501$3,982$3,515$3,098$2,726$1,647
13 years$4,112$3,598$3,141$2,735$2,377$1,366
14 years$3,779$3,271$2,822$2,428$2,084$1,137
15 years$3,491$2,988$2,548$2,165$1,835$950
16 years$3,239$2,741$2,310$1,939$1,621$795
17 years$3,016$2,525$2,102$1,742$1,438$668
18 years$2,819$2,333$1,919$1,570$1,278$562
19 years$2,643$2,162$1,757$1,418$1,139$473
20 years$2,484$2,009$1,612$1,285$1,018$399
21 years$2,341$1,871$1,483$1,166$911$337
22 years$2,211$1,747$1,367$1,060$816$285
23 years$2,093$1,634$1,262$965$733$241
24 years$1,984$1,531$1,167$881$659$204
25 years$1,885$1,437$1,081$804$593$173
26 years$1,793$1,350$1,002$735$534$147
27 years$1,708$1,271$931$673$481$124
28 years$1,629$1,197$865$617$434$105
29 years$1,556$1,130$805$565$392$89
30 years$1,488$1,067$750$519$354$76
31 years$1,424$1,008$699$477$320$64
32 years$1,365$954$652$438$290$55
33 years$1,309$904$609$403$262$46
34 years$1,257$856$569$371$237$39
35 years$1,207$812$532$341$215$33
36 years$1,161$771$498$314$195$28
37 years$1,117$732$466$290$177$24
38 years$1,076$696$436$267$160$20
39 years$1,037$662$409$246$145$17
40 years$999$630$383$227$132$15
41 years$964$599$359$209$119$13
42 years$931$571$337$193$108$11
43 years$899$544$316$178$98$9
44 years$869$518$297$165$89$8
45 years$840$494$279$152$81$7
46 years$812$472$262$141$74$6
47 years$786$450$246$130$67$5
48 years$761$430$231$120$61$4
49 years$737$410$217$111$55$3
50 years$714$392$204$102$50$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $731,000, adding $4,186 every year, while hoping to spend $36,360 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: 76/13/11 Blend
54$731,000$731,000$731,000$731,000
55$809,880$771,137$759,806$869,451
56$853,801$770,236$746,573$908,374
57$900,983$768,072$731,678$946,009
58$951,721$764,545$715,027$986,239
59$1,006,338$759,549$696,521$1,029,310
60$1,065,187$752,970$676,058$1,075,491
61$1,128,661$744,690$653,530$1,125,082
62$1,197,185$734,580$628,824$1,178,410
63$1,271,231$722,508$601,823$1,235,837
64$1,351,315$708,330$572,403$1,297,764
65$1,438,006$691,895$540,435$1,364,631
66$1,531,929$673,044$505,786$1,436,924
67$1,633,770$651,607$468,314$1,515,181
68$1,744,285$627,406$427,873$1,599,991
69$1,864,304$600,251$384,309$1,692,009
70$1,994,741$569,942$337,461$1,791,953
71$2,136,602$536,266$287,164$1,900,619
72$2,290,992$499,000$233,240$2,018,881
73$2,459,129$457,906$175,509$2,147,707
74$2,642,350$412,734$113,779$2,288,161
75$2,842,131$363,218$47,851$2,441,421
76$3,060,092$309,080$0$2,608,781
77$3,298,019$250,023$0$2,794,315
78$3,557,877$185,734$0$3,003,124
79$3,841,830$115,885$0$3,231,352
80$4,152,260$40,126$0$3,480,946
81$4,491,788$0$0$3,754,053
82$4,863,301$0$0$4,059,033
83$5,269,980$0$0$4,399,191
84$5,715,324$0$0$4,771,719
85$6,203,189$0$0$5,179,844
86$6,737,821$0$0$5,627,122
87$7,323,896$0$0$6,117,469
88$7,966,563$0$0$6,655,198
89$8,671,494$0$0$7,245,057
90$9,444,937$0$0$7,892,280
91$10,293,773$0$0$8,602,629
92$11,225,582$0$0$9,382,452
93$12,248,714$0$0$10,238,740
94$13,372,366$0$0$11,179,198
95$14,606,671$0$0$12,212,309
96$15,962,789$0$0$13,347,422
97$17,453,019$0$0$14,594,834
98$19,090,905$0$0$15,965,891
99$20,891,373$0$0$17,473,090
100$22,870,864$0$0$19,130,202