Can I retire at age 55 with 782,000?

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 $782,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$64,577$64,002$63,440$62,893$62,358$60,483
2 years$31,969$31,373$30,796$30,237$29,694$27,821
3 years$21,101$20,503$19,927$19,373$18,839$17,026
4 years$15,668$15,072$14,502$13,957$13,436$11,698
5 years$12,409$11,816$11,254$10,720$10,214$8,555
6 years$10,237$9,649$9,095$8,573$8,082$6,503
7 years$8,686$8,103$7,558$7,049$6,573$5,075
8 years$7,524$6,946$6,410$5,913$5,453$4,034
9 years$6,620$6,048$5,521$5,036$4,592$3,252
10 years$5,898$5,331$4,813$4,341$3,913$2,648
11 years$5,307$4,746$4,237$3,778$3,365$2,175
12 years$4,815$4,259$3,761$3,314$2,916$1,797
13 years$4,399$3,849$3,360$2,926$2,543$1,493
14 years$4,043$3,499$3,019$2,597$2,229$1,246
15 years$3,734$3,196$2,726$2,316$1,963$1,043
16 years$3,465$2,933$2,471$2,074$1,735$875
17 years$3,227$2,701$2,249$1,863$1,538$737
18 years$3,016$2,496$2,053$1,679$1,368$621
19 years$2,827$2,313$1,879$1,517$1,219$524
20 years$2,658$2,149$1,725$1,374$1,089$443
21 years$2,505$2,002$1,586$1,247$974$375
22 years$2,366$1,869$1,462$1,134$873$318
23 years$2,239$1,748$1,350$1,033$784$270
24 years$2,123$1,638$1,248$942$705$229
25 years$2,016$1,537$1,156$860$634$194
26 years$1,918$1,444$1,072$787$571$165
27 years$1,827$1,359$996$720$515$140
28 years$1,743$1,281$926$660$465$119
29 years$1,665$1,208$861$605$420$101
30 years$1,592$1,141$802$555$379$86
31 years$1,524$1,079$748$510$343$73
32 years$1,460$1,021$698$469$310$62
33 years$1,400$967$652$431$281$53
34 years$1,344$916$609$396$254$45
35 years$1,292$869$569$365$230$38
36 years$1,242$825$533$336$208$33
37 years$1,195$783$498$310$189$28
38 years$1,151$744$467$285$171$24
39 years$1,109$708$437$263$155$20
40 years$1,069$674$410$243$141$17
41 years$1,031$641$384$224$128$15
42 years$996$611$361$207$116$12
43 years$962$582$338$191$105$11
44 years$929$555$318$176$96$9
45 years$898$529$298$163$87$8
46 years$869$504$280$150$79$7
47 years$841$481$263$139$72$6
48 years$814$460$247$128$65$5
49 years$788$439$232$119$59$4
50 years$764$419$219$110$54$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $782,000, adding $5,969 every year, while hoping to spend $30,722 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: 78/15/7 Blend
54$782,000$782,000$782,000$782,000
55$867,921$826,475$814,354$934,441
56$923,761$834,284$808,947$986,743
57$984,267$841,447$802,329$1,039,492
58$1,049,882$847,898$794,427$1,096,431
59$1,121,095$853,569$785,165$1,157,963
60$1,198,441$858,389$774,463$1,224,531
61$1,282,511$862,279$762,236$1,296,626
62$1,373,954$865,157$748,398$1,374,786
63$1,473,484$866,936$732,855$1,459,604
64$1,581,886$867,523$715,513$1,551,734
65$1,700,026$866,819$696,270$1,651,897
66$1,828,855$864,719$675,021$1,760,887
67$1,969,420$861,113$651,657$1,879,578
68$2,122,874$855,881$626,061$2,008,936
69$2,290,487$848,899$598,114$2,150,023
70$2,473,656$840,034$567,689$2,304,009
71$2,673,918$829,145$534,656$2,472,185
72$2,892,968$816,083$498,877$2,655,973
73$3,132,669$800,689$460,208$2,856,942
74$3,395,075$782,797$418,499$3,076,819
75$3,682,447$762,228$373,593$3,317,508
76$3,997,275$738,796$325,327$3,581,108
77$4,342,301$712,301$273,529$3,869,933
78$4,720,544$682,532$218,021$4,186,532
79$5,135,332$649,268$158,616$4,533,717
80$5,590,326$612,272$95,120$4,914,584
81$6,089,562$571,296$27,329$5,332,549
82$6,637,484$526,077$0$5,791,375
83$7,238,988$476,335$0$6,298,573
84$7,899,467$421,778$0$6,857,750
85$8,624,861$362,093$0$7,471,920
86$9,421,714$296,953$0$8,146,655
87$10,297,235$226,010$0$8,888,100
88$11,259,366$148,898$0$9,703,021
89$12,316,857$65,229$0$10,598,879
90$13,479,346$0$0$11,583,896
91$14,757,454$0$0$12,671,324
92$16,162,880$0$0$13,878,944
93$17,708,514$0$0$15,207,068
94$19,408,560$0$0$16,667,903
95$21,278,664$0$0$18,274,900
96$23,336,067$0$0$20,042,877
97$25,599,765$0$0$21,988,161
98$28,090,688$0$0$24,128,743
99$30,831,897$0$0$26,484,445
100$33,848,802$0$0$29,077,108