Can I retire at age 55 with 807,000?

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 $807,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$66,641$66,048$65,469$64,903$64,351$64,026
2 years$32,991$32,376$31,781$31,203$30,643$30,315
3 years$21,775$21,158$20,564$19,992$19,441$19,121
4 years$16,169$15,554$14,966$14,403$13,866$13,555
5 years$12,806$12,194$11,614$11,063$10,541$10,240
6 years$10,564$9,957$9,386$8,847$8,340$8,051
7 years$8,964$8,362$7,800$7,274$6,783$6,504
8 years$7,764$7,168$6,615$6,102$5,627$5,360
9 years$6,832$6,241$5,697$5,197$4,739$4,482
10 years$6,086$5,501$4,967$4,480$4,038$3,792
11 years$5,476$4,897$4,373$3,899$3,473$3,238
12 years$4,969$4,396$3,881$3,420$3,009$2,785
13 years$4,539$3,972$3,467$3,019$2,624$2,410
14 years$4,172$3,611$3,115$2,680$2,300$2,096
15 years$3,854$3,298$2,813$2,390$2,025$1,831
16 years$3,575$3,026$2,550$2,140$1,790$1,606
17 years$3,330$2,787$2,321$1,923$1,587$1,412
18 years$3,112$2,575$2,118$1,733$1,411$1,245
19 years$2,918$2,387$1,939$1,566$1,258$1,101
20 years$2,743$2,218$1,780$1,418$1,124$975
21 years$2,585$2,066$1,637$1,287$1,005$865
22 years$2,441$1,929$1,509$1,170$901$768
23 years$2,310$1,804$1,393$1,066$809$683
24 years$2,191$1,690$1,288$972$727$609
25 years$2,081$1,586$1,193$888$654$543
26 years$1,979$1,491$1,107$812$589$484
27 years$1,885$1,403$1,028$743$531$433
28 years$1,799$1,322$955$681$479$387
29 years$1,718$1,247$889$624$433$346
30 years$1,643$1,178$828$573$391$310
31 years$1,572$1,113$772$526$354$277
32 years$1,507$1,053$720$484$320$248
33 years$1,445$998$673$445$290$223
34 years$1,387$945$628$409$262$199
35 years$1,333$897$588$377$237$179
36 years$1,282$851$550$347$215$160
37 years$1,233$808$514$320$195$144
38 years$1,188$768$482$295$177$129
39 years$1,144$731$451$272$160$116
40 years$1,103$695$423$251$145$104
41 years$1,064$662$397$231$132$94
42 years$1,027$630$372$213$120$84
43 years$992$600$349$197$109$75
44 years$959$572$328$182$99$68
45 years$927$546$308$168$90$61
46 years$897$521$289$155$81$55
47 years$868$497$272$143$74$49
48 years$840$474$255$132$67$44
49 years$813$453$240$122$61$40
50 years$788$433$225$113$55$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $807,000, adding $3,317 every year, while hoping to spend $30,461 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: 66/19/15 Blend
54$807,000$807,000$807,000$807,000
55$892,735$849,964$837,456$948,258
56$951,384$859,202$833,100$995,006
57$1,014,994$867,872$827,578$1,042,226
58$1,084,039$875,914$820,818$1,093,085
59$1,159,041$883,263$812,745$1,147,937
60$1,240,572$889,852$803,281$1,207,174
61$1,329,264$895,608$792,344$1,271,227
62$1,425,810$900,454$779,848$1,340,573
63$1,530,973$904,307$765,705$1,415,737
64$1,645,596$907,081$749,819$1,497,297
65$1,770,601$908,683$732,092$1,585,894
66$1,907,007$909,013$712,422$1,682,232
67$2,055,934$907,967$690,701$1,787,087
68$2,218,616$905,434$666,816$1,901,319
69$2,396,411$901,296$640,649$2,025,872
70$2,590,812$895,427$612,079$2,161,790
71$2,803,466$887,694$580,975$2,310,223
72$3,036,186$877,957$547,203$2,472,441
73$3,290,966$866,066$510,624$2,649,844
74$3,570,003$851,863$471,089$2,843,975
75$3,875,719$835,179$428,445$3,056,538
76$4,210,777$815,837$382,533$3,289,410
77$4,578,113$793,650$333,184$3,544,663
78$4,980,958$768,417$280,224$3,824,581
79$5,422,874$739,928$223,470$4,131,684
80$5,907,782$707,959$162,731$4,468,750
81$6,440,002$672,275$97,808$4,838,842
82$7,024,291$632,625$28,494$5,245,341
83$7,665,891$588,746$0$5,691,971
84$8,370,576$540,359$0$6,190,119
85$9,144,706$487,167$0$6,742,379
86$9,995,287$428,859$0$7,349,218
87$10,930,039$365,106$0$8,016,186
88$11,957,465$295,559$0$8,749,396
89$13,086,935$219,849$0$9,555,590
90$14,328,769$137,589$0$10,442,197
91$15,694,340$48,367$0$11,417,407
92$17,196,176$0$0$12,490,244
93$18,848,082$0$0$13,680,745
94$20,665,266$0$0$15,001,542
95$22,664,485$0$0$16,454,709
96$24,864,202$0$0$18,053,675
97$27,284,760$0$0$19,813,233
98$29,948,574$0$0$21,749,685
99$32,880,342$0$0$23,880,994
100$36,107,275$0$0$26,226,951