Can I retire at age 55 with 757,000?

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 $757,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$62,512$61,956$61,412$60,882$60,364$58,061
2 years$30,947$30,370$29,812$29,270$28,745$26,451
3 years$20,426$19,847$19,290$18,754$18,237$16,026
4 years$15,167$14,590$14,038$13,511$13,007$10,894
5 years$12,012$11,439$10,894$10,378$9,888$7,879
6 years$9,910$9,341$8,804$8,299$7,824$5,921
7 years$8,409$7,844$7,316$6,823$6,363$4,565
8 years$7,283$6,724$6,205$5,724$5,278$3,585
9 years$6,408$5,854$5,344$4,875$4,445$2,852
10 years$5,709$5,160$4,659$4,203$3,788$2,293
11 years$5,137$4,594$4,102$3,658$3,257$1,857
12 years$4,661$4,123$3,640$3,208$2,823$1,514
13 years$4,258$3,726$3,252$2,832$2,462$1,240
14 years$3,913$3,387$2,922$2,514$2,158$1,019
15 years$3,615$3,094$2,638$2,242$1,900$840
16 years$3,354$2,839$2,392$2,008$1,679$695
17 years$3,124$2,614$2,177$1,804$1,489$576
18 years$2,919$2,416$1,987$1,626$1,324$478
19 years$2,737$2,239$1,819$1,469$1,180$397
20 years$2,573$2,081$1,669$1,330$1,054$330
21 years$2,425$1,938$1,536$1,207$943$275
22 years$2,290$1,809$1,415$1,098$845$229
23 years$2,167$1,692$1,307$1,000$759$191
24 years$2,055$1,585$1,209$912$682$160
25 years$1,952$1,488$1,119$833$614$133
26 years$1,857$1,398$1,038$761$553$111
27 years$1,769$1,316$964$697$498$93
28 years$1,687$1,240$896$639$450$78
29 years$1,611$1,170$834$586$406$65
30 years$1,541$1,105$777$537$367$54
31 years$1,475$1,044$724$494$332$45
32 years$1,413$988$676$454$300$38
33 years$1,356$936$631$417$272$32
34 years$1,301$887$589$384$246$27
35 years$1,250$841$551$353$223$22
36 years$1,202$798$516$325$202$19
37 years$1,157$758$483$300$183$16
38 years$1,114$721$452$276$166$13
39 years$1,073$685$423$255$150$11
40 years$1,035$652$397$235$136$9
41 years$998$621$372$217$124$8
42 years$964$591$349$200$112$6
43 years$931$563$328$185$102$5
44 years$899$537$307$171$92$4
45 years$870$512$289$158$84$4
46 years$841$488$271$146$76$3
47 years$814$466$255$134$69$3
48 years$788$445$239$124$63$2
49 years$763$425$225$115$57$2
50 years$739$406$212$106$52$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $757,000, adding $6,227 every year, while hoping to spend $24,907 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: 45/36/19 Blend
54$757,000$757,000$757,000$757,000
55$840,637$800,516$788,783$873,619
56$899,881$813,241$788,706$910,090
57$964,334$825,754$787,792$946,656
58$1,034,499$838,019$785,986$985,789
59$1,110,933$849,997$783,232$1,027,737
60$1,194,247$861,646$779,469$1,072,777
61$1,285,114$872,920$774,635$1,121,212
62$1,384,275$883,772$768,665$1,173,380
63$1,492,544$894,151$761,489$1,229,651
64$1,610,820$904,001$753,035$1,290,436
65$1,740,090$913,263$743,228$1,356,189
66$1,881,443$921,876$731,989$1,427,408
67$2,036,074$929,773$719,235$1,504,647
68$2,205,305$936,882$704,880$1,588,516
69$2,390,585$943,129$688,833$1,679,689
70$2,593,515$948,432$670,999$1,778,910
71$2,815,855$952,707$651,279$1,887,001
72$3,059,544$955,861$629,569$2,004,867
73$3,326,718$957,800$605,760$2,133,512
74$3,619,730$958,418$579,740$2,274,040
75$3,941,170$957,609$551,389$2,427,671
76$4,293,893$955,254$520,584$2,595,753
77$4,681,041$951,233$487,194$2,779,773
78$5,106,076$945,413$451,085$2,981,371
79$5,572,814$937,656$412,114$3,202,360
80$6,085,456$927,816$370,134$3,444,739
81$6,648,630$915,736$324,991$3,710,713
82$7,267,434$901,252$276,523$4,002,718
83$7,947,488$884,188$224,561$4,323,440
84$8,694,978$864,359$168,931$4,675,843
85$9,516,723$841,570$109,447$5,063,199
86$10,420,233$815,612$45,918$5,489,115
87$11,413,785$786,265$0$5,957,575
88$12,506,497$753,297$0$6,477,406
89$13,708,412$716,462$0$7,059,240
90$15,030,600$675,498$0$7,699,150
91$16,485,255$630,132$0$8,403,078
92$18,085,813$580,070$0$9,177,577
93$19,847,079$525,006$0$10,029,872
94$21,785,363$464,614$0$10,967,928
95$23,918,640$398,550$0$12,000,529
96$26,266,713$326,451$0$13,137,357
97$28,851,404$247,932$0$14,389,088
98$31,696,755$162,589$0$15,767,492
99$34,829,262$69,994$0$17,285,546
100$38,278,116$0$0$18,957,555