Can I retire at age 55 with 733,000?

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 $733,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$60,530$59,991$59,465$58,952$58,450$57,130
2 years$29,966$29,407$28,867$28,342$27,834$26,511
3 years$19,779$19,218$18,679$18,159$17,659$16,374
4 years$14,686$14,127$13,593$13,083$12,594$11,358
5 years$11,631$11,076$10,549$10,049$9,574$8,390
6 years$9,596$9,044$8,525$8,036$7,576$6,445
7 years$8,142$7,595$7,084$6,607$6,161$5,083
8 years$7,052$6,511$6,008$5,542$5,111$4,086
9 years$6,205$5,669$5,175$4,721$4,304$3,332
10 years$5,528$4,997$4,512$4,069$3,667$2,746
11 years$4,974$4,448$3,972$3,542$3,154$2,282
12 years$4,513$3,993$3,525$3,106$2,733$1,910
13 years$4,123$3,608$3,149$2,743$2,384$1,607
14 years$3,789$3,280$2,830$2,435$2,089$1,358
15 years$3,500$2,996$2,555$2,171$1,840$1,152
16 years$3,247$2,749$2,316$1,944$1,626$981
17 years$3,025$2,532$2,108$1,747$1,442$837
18 years$2,827$2,339$1,924$1,574$1,282$715
19 years$2,650$2,168$1,761$1,422$1,143$613
20 years$2,491$2,015$1,617$1,288$1,021$526
21 years$2,348$1,877$1,487$1,169$913$451
22 years$2,217$1,752$1,370$1,063$819$388
23 years$2,098$1,638$1,265$968$735$334
24 years$1,990$1,535$1,170$883$660$288
25 years$1,890$1,441$1,084$806$594$248
26 years$1,798$1,354$1,005$737$535$214
27 years$1,713$1,274$933$675$483$185
28 years$1,634$1,201$868$618$436$159
29 years$1,560$1,133$808$567$393$138
30 years$1,492$1,070$752$520$355$119
31 years$1,428$1,011$701$478$321$103
32 years$1,369$957$654$439$291$89
33 years$1,313$906$611$404$263$77
34 years$1,260$859$571$372$238$66
35 years$1,211$815$534$342$216$57
36 years$1,164$773$499$315$195$50
37 years$1,120$734$467$290$177$43
38 years$1,079$698$438$268$161$37
39 years$1,039$664$410$247$146$32
40 years$1,002$631$384$228$132$28
41 years$967$601$360$210$120$24
42 years$933$572$338$194$109$21
43 years$901$545$317$179$99$18
44 years$871$520$298$165$90$16
45 years$842$496$280$153$81$14
46 years$814$473$263$141$74$12
47 years$788$451$247$130$67$10
48 years$763$431$232$120$61$9
49 years$739$411$218$111$55$8
50 years$716$393$205$103$50$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $733,000, adding $2,162 every year, while hoping to spend $20,873 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: 46/43/11 Blend
54$733,000$733,000$733,000$733,000
55$809,996$771,147$759,786$844,661
56$870,407$786,725$763,030$884,431
57$936,280$802,366$765,683$925,231
58$1,008,151$818,052$767,703$969,021
59$1,086,608$833,762$769,047$1,016,085
60$1,172,300$849,474$769,668$1,066,737
61$1,265,941$865,165$769,518$1,121,322
62$1,368,316$880,807$768,546$1,180,222
63$1,480,290$896,373$766,699$1,243,856
64$1,602,817$911,832$763,920$1,312,687
65$1,736,945$927,153$760,152$1,387,225
66$1,883,829$942,299$755,333$1,468,034
67$2,044,742$957,234$749,399$1,555,734
68$2,221,083$971,916$742,282$1,651,010
69$2,414,397$986,303$733,911$1,754,615
70$2,626,381$1,000,347$724,213$1,867,381
71$2,858,908$1,014,000$713,110$1,990,227
72$3,114,039$1,027,208$700,521$2,124,165
73$3,394,044$1,039,915$686,362$2,270,309
74$3,701,424$1,052,058$670,542$2,429,890
75$4,038,934$1,063,574$652,971$2,604,265
76$4,409,609$1,074,393$633,549$2,794,931
77$4,816,793$1,084,442$612,176$3,003,536
78$5,264,167$1,093,641$588,746$3,231,901
79$5,755,789$1,101,906$563,146$3,482,031
80$6,296,129$1,109,149$535,261$3,756,140
81$6,890,112$1,115,275$504,969$4,056,666
82$7,543,161$1,120,181$472,144$4,386,300
83$8,261,254$1,123,761$436,652$4,748,008
84$9,050,977$1,125,900$398,354$5,145,062
85$9,919,585$1,126,477$357,107$5,581,067
86$10,875,070$1,125,363$312,758$6,060,000
87$11,926,242$1,122,420$265,150$6,586,247
88$13,082,803$1,117,503$214,117$7,164,643
89$14,355,446$1,110,458$159,487$7,800,518
90$15,755,952$1,101,121$101,080$8,499,750
91$17,297,301$1,089,318$38,709$9,268,820
92$18,993,797$1,074,865$0$10,114,874
93$20,861,199$1,057,568$0$11,049,057
94$22,916,872$1,037,219$0$12,081,847
95$25,179,950$1,013,600$0$13,218,297
96$27,671,517$986,479$0$14,468,990
97$30,414,805$955,609$0$15,845,592
98$33,435,413$920,733$0$17,360,962
99$36,761,550$881,573$0$19,029,276
100$40,424,298$837,840$0$20,866,158