Can I retire at age 55 with 751,000?

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 $751,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$62,017$61,464$60,926$60,399$59,886$58,039
2 years$30,701$30,130$29,575$29,038$28,517$26,672
3 years$20,264$19,690$19,137$18,605$18,092$16,308
4 years$15,047$14,474$13,927$13,404$12,904$11,193
5 years$11,917$11,348$10,808$10,295$9,809$8,177
6 years$9,831$9,266$8,734$8,233$7,762$6,209
7 years$8,342$7,782$7,258$6,769$6,312$4,840
8 years$7,226$6,671$6,156$5,678$5,237$3,843
9 years$6,358$5,808$5,302$4,837$4,410$3,094
10 years$5,664$5,119$4,622$4,169$3,758$2,517
11 years$5,096$4,558$4,069$3,629$3,232$2,064
12 years$4,624$4,091$3,611$3,183$2,800$1,703
13 years$4,224$3,697$3,227$2,810$2,442$1,413
14 years$3,882$3,360$2,899$2,494$2,141$1,177
15 years$3,586$3,070$2,618$2,224$1,885$984
16 years$3,327$2,816$2,373$1,992$1,666$825
17 years$3,099$2,594$2,159$1,790$1,477$693
18 years$2,896$2,397$1,971$1,613$1,313$583
19 years$2,715$2,221$1,805$1,457$1,171$492
20 years$2,552$2,064$1,656$1,320$1,046$415
21 years$2,405$1,923$1,523$1,198$936$351
22 years$2,272$1,795$1,404$1,089$839$297
23 years$2,150$1,679$1,296$992$753$251
24 years$2,039$1,573$1,199$905$677$213
25 years$1,936$1,476$1,110$826$609$181
26 years$1,842$1,387$1,030$755$548$153
27 years$1,755$1,305$956$691$495$130
28 years$1,674$1,230$889$634$446$110
29 years$1,599$1,160$827$581$403$94
30 years$1,529$1,096$771$533$364$80
31 years$1,463$1,036$718$490$329$68
32 years$1,402$980$670$450$298$57
33 years$1,345$928$626$414$269$49
34 years$1,291$880$585$381$244$41
35 years$1,240$835$547$351$221$35
36 years$1,193$792$511$323$200$30
37 years$1,148$752$479$297$181$25
38 years$1,105$715$448$274$165$22
39 years$1,065$680$420$253$149$18
40 years$1,027$647$394$233$135$16
41 years$991$616$369$215$123$13
42 years$956$586$346$199$111$11
43 years$923$559$325$183$101$10
44 years$892$533$305$169$92$8
45 years$863$508$286$156$83$7
46 years$834$484$269$144$76$6
47 years$807$462$253$133$69$5
48 years$782$441$237$123$62$4
49 years$757$421$223$114$57$4
50 years$733$403$210$105$51$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $751,000, adding $3,281 every year, while hoping to spend $30,199 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: 57/26/17 Blend
54$751,000$751,000$751,000$751,000
55$830,986$791,183$779,543$874,466
56$883,615$797,820$773,526$910,997
57$940,601$803,769$766,296$947,221
58$1,002,354$808,966$757,779$986,012
59$1,069,330$813,341$747,900$1,027,622
60$1,142,026$816,819$736,579$1,072,330
61$1,220,991$819,322$723,733$1,120,445
62$1,306,829$820,766$709,275$1,172,307
63$1,400,204$821,061$693,113$1,228,294
64$1,501,844$820,113$675,153$1,288,821
65$1,612,556$817,822$655,293$1,354,348
66$1,733,221$814,080$633,431$1,425,384
67$1,864,815$808,775$609,455$1,502,489
68$2,008,407$801,786$583,253$1,586,284
69$2,165,177$792,986$554,705$1,677,454
70$2,336,423$782,240$523,685$1,776,756
71$2,523,573$769,405$490,064$1,885,025
72$2,728,202$754,330$453,705$2,003,184
73$2,952,039$736,853$414,466$2,132,252
74$3,196,994$716,806$372,197$2,273,354
75$3,465,165$694,007$326,743$2,427,735
76$3,758,865$668,266$277,942$2,596,764
77$4,080,640$639,382$225,624$2,781,959
78$4,433,295$607,142$169,612$2,984,990
79$4,819,918$571,319$109,721$3,207,704
80$5,243,912$531,675$45,759$3,452,139
81$5,709,022$487,958$0$3,720,544
82$6,219,375$439,902$0$4,019,484
83$6,779,518$387,223$0$4,356,740
84$7,394,457$329,625$0$4,727,066
85$8,069,708$266,793$0$5,133,842
86$8,811,346$198,394$0$5,580,793
87$9,626,065$124,077$0$6,072,027
88$10,521,238$43,471$0$6,612,075
89$11,504,988$0$0$7,205,930
90$12,586,264$0$0$7,871,638
91$13,774,925$0$0$8,617,203
92$15,081,833$0$0$9,437,010
93$16,518,953$0$0$10,338,573
94$18,099,472$0$0$11,330,175
95$19,837,914$0$0$12,420,937
96$21,750,285$0$0$13,620,912
97$23,854,218$0$0$14,941,175
98$26,169,143$0$0$16,393,929
99$28,716,466$0$0$17,992,620
100$31,519,775$0$0$19,752,063