Can I retire at age 55 with 779,000?

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 $779,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$64,329$63,756$63,197$62,651$62,119$61,064
2 years$31,846$31,253$30,678$30,121$29,580$28,521
3 years$21,020$20,424$19,851$19,299$18,767$17,736
4 years$15,608$15,014$14,446$13,904$13,385$12,390
5 years$12,361$11,771$11,211$10,679$10,175$9,220
6 years$10,198$9,612$9,060$8,540$8,051$7,136
7 years$8,653$8,072$7,529$7,021$6,548$5,673
8 years$7,495$6,919$6,385$5,890$5,432$4,598
9 years$6,595$6,025$5,500$5,017$4,574$3,780
10 years$5,875$5,310$4,795$4,325$3,898$3,143
11 years$5,286$4,727$4,221$3,764$3,352$2,635
12 years$4,796$4,243$3,746$3,301$2,905$2,225
13 years$4,382$3,835$3,347$2,915$2,533$1,890
14 years$4,027$3,485$3,007$2,587$2,221$1,613
15 years$3,720$3,184$2,715$2,307$1,955$1,381
16 years$3,451$2,921$2,462$2,066$1,728$1,187
17 years$3,215$2,690$2,240$1,856$1,532$1,023
18 years$3,004$2,486$2,045$1,673$1,362$884
19 years$2,816$2,304$1,872$1,512$1,214$765
20 years$2,648$2,141$1,718$1,369$1,085$663
21 years$2,495$1,994$1,580$1,243$971$576
22 years$2,356$1,862$1,456$1,130$870$500
23 years$2,230$1,741$1,345$1,029$781$435
24 years$2,115$1,631$1,244$938$702$379
25 years$2,008$1,531$1,152$857$632$331
26 years$1,911$1,439$1,068$784$569$288
27 years$1,820$1,354$992$717$513$252
28 years$1,736$1,276$922$657$463$220
29 years$1,658$1,204$858$603$418$192
30 years$1,586$1,137$799$553$378$168
31 years$1,518$1,075$745$508$341$147
32 years$1,455$1,017$695$467$309$128
33 years$1,395$963$649$429$279$112
34 years$1,339$913$607$395$253$98
35 years$1,287$866$567$364$229$86
36 years$1,237$822$531$335$208$75
37 years$1,191$780$497$309$188$66
38 years$1,146$742$465$284$171$58
39 years$1,105$705$436$262$155$51
40 years$1,065$671$408$242$140$44
41 years$1,027$639$383$223$127$39
42 years$992$608$359$206$116$34
43 years$958$580$337$190$105$30
44 years$926$552$316$176$95$26
45 years$895$527$297$162$86$23
46 years$865$503$279$150$78$20
47 years$837$480$262$138$71$18
48 years$811$458$246$128$65$15
49 years$785$437$232$118$59$13
50 years$761$418$218$109$53$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $779,000, adding $5,998 every year, while hoping to spend $45,495 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: 58/36/6 Blend
54$779,000$779,000$779,000$779,000
55$864,645$823,358$811,283$913,399
56$904,432$815,296$790,055$938,772
57$946,753$805,315$766,591$960,717
58$991,818$793,271$740,768$983,495
59$1,039,857$779,015$712,457$1,007,189
60$1,091,123$762,387$681,525$1,031,890
61$1,145,892$743,218$647,830$1,057,704
62$1,204,466$721,329$611,225$1,084,746
63$1,267,178$696,531$571,558$1,113,150
64$1,334,393$668,623$528,668$1,143,061
65$1,406,509$637,394$482,386$1,174,645
66$1,483,965$602,618$432,538$1,208,088
67$1,567,243$564,060$378,941$1,243,594
68$1,656,870$521,467$321,404$1,281,397
69$1,753,426$474,575$259,727$1,321,753
70$1,857,550$423,103$193,702$1,364,953
71$1,969,940$366,755$123,112$1,411,317
72$2,091,366$305,218$47,728$1,461,206
73$2,222,673$238,162$0$1,515,020
74$2,364,790$165,236$0$1,575,300
75$2,518,738$86,072$0$1,643,847
76$2,685,641$281$0$1,718,172
77$2,866,731$0$0$1,798,909
78$3,063,369$0$0$1,923,426
79$3,277,047$0$0$2,058,911
80$3,509,408$0$0$2,206,305
81$3,762,260$0$0$2,366,759
82$4,037,593$0$0$2,541,546
83$4,337,594$0$0$2,732,062
84$4,664,672$0$0$2,939,847
85$5,021,479$0$0$3,166,592
86$5,410,932$0$0$3,414,162
87$5,836,243$0$0$3,684,609
88$6,300,947$0$0$3,980,190
89$6,808,938$0$0$4,303,393
90$7,364,500$0$0$4,656,955
91$7,972,353$0$0$5,043,891
92$8,637,692$0$0$5,467,520
93$9,366,239$0$0$5,931,498
94$10,164,294$0$0$6,439,849
95$11,038,795$0$0$6,997,008
96$11,997,385$0$0$7,607,855
97$13,048,478$0$0$8,277,770
98$14,201,345$0$0$9,012,674
99$15,466,195$0$0$9,819,091
100$16,854,273$0$0$10,704,208