Can I retire at age 55 with 810,000?

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 $810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$66,889$66,293$65,712$65,145$64,591$63,157
2 years$33,113$32,497$31,899$31,319$30,757$29,321
3 years$21,856$21,237$20,641$20,067$19,514$18,119
4 years$16,229$15,611$15,021$14,457$13,917$12,575
5 years$12,853$12,240$11,657$11,104$10,580$9,293
6 years$10,604$9,994$9,421$8,880$8,371$7,142
7 years$8,997$8,393$7,829$7,301$6,808$5,637
8 years$7,793$7,195$6,639$6,125$5,648$4,534
9 years$6,857$6,264$5,718$5,217$4,756$3,699
10 years$6,109$5,522$4,985$4,497$4,053$3,050
11 years$5,497$4,916$4,389$3,914$3,486$2,537
12 years$4,987$4,412$3,895$3,433$3,020$2,125
13 years$4,556$3,987$3,480$3,031$2,634$1,789
14 years$4,187$3,624$3,127$2,690$2,309$1,513
15 years$3,868$3,311$2,823$2,399$2,033$1,284
16 years$3,589$3,038$2,560$2,148$1,797$1,094
17 years$3,342$2,797$2,329$1,930$1,593$934
18 years$3,124$2,585$2,126$1,739$1,416$799
19 years$2,929$2,396$1,946$1,572$1,263$685
20 years$2,753$2,226$1,786$1,424$1,128$588
21 years$2,594$2,074$1,643$1,292$1,009$505
22 years$2,450$1,936$1,514$1,175$905$435
23 years$2,319$1,810$1,398$1,070$812$375
24 years$2,199$1,696$1,293$976$730$323
25 years$2,088$1,592$1,198$891$657$279
26 years$1,987$1,496$1,111$815$592$241
27 years$1,892$1,408$1,031$746$533$208
28 years$1,805$1,327$959$683$481$180
29 years$1,724$1,252$892$627$435$155
30 years$1,649$1,182$831$575$393$134
31 years$1,578$1,117$775$528$355$116
32 years$1,512$1,057$723$485$321$100
33 years$1,451$1,001$675$446$291$87
34 years$1,393$949$631$411$263$75
35 years$1,338$900$590$378$238$65
36 years$1,286$854$552$348$216$56
37 years$1,238$811$516$321$196$49
38 years$1,192$771$484$296$177$42
39 years$1,149$733$453$273$161$37
40 years$1,107$698$425$251$146$32
41 years$1,068$664$398$232$132$27
42 years$1,031$632$373$214$120$24
43 years$996$603$350$198$109$21
44 years$962$574$329$183$99$18
45 years$930$548$309$169$90$15
46 years$900$523$290$156$82$13
47 years$871$499$273$144$74$12
48 years$843$476$256$133$67$10
49 years$816$455$241$123$61$9
50 years$791$434$226$114$55$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $810,000, adding $5,205 every year, while hoping to spend $28,779 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: 63/31/6 Blend
54$810,000$810,000$810,000$810,000
55$897,989$855,059$842,504$953,301
56$958,963$866,336$840,107$1,002,083
57$1,025,192$877,202$836,666$1,051,462
58$1,097,182$887,604$832,114$1,104,623
59$1,175,488$897,490$826,383$1,161,931
60$1,260,723$906,803$819,402$1,223,787
61$1,353,559$915,479$811,095$1,290,636
62$1,454,739$923,454$801,384$1,362,964
63$1,565,078$930,658$790,185$1,441,310
64$1,685,472$937,017$777,412$1,526,268
65$1,816,910$942,451$762,976$1,618,493
66$1,960,480$946,876$746,781$1,718,707
67$2,117,379$950,203$728,728$1,827,705
68$2,288,925$952,336$708,714$1,946,366
69$2,476,569$953,175$686,629$2,075,657
70$2,681,910$952,610$662,362$2,216,646
71$2,906,706$950,530$635,792$2,370,510
72$3,152,895$946,811$606,796$2,538,547
73$3,422,611$941,326$575,245$2,722,189
74$3,718,205$933,938$541,003$2,923,015
75$4,042,263$924,502$503,927$3,142,765
76$4,397,636$912,865$463,871$3,383,360
77$4,787,464$898,864$420,680$3,646,917
78$5,215,204$882,327$374,192$3,935,770
79$5,684,665$863,072$324,238$4,252,494
80$6,200,043$840,905$270,642$4,599,929
81$6,765,959$815,621$213,220$4,981,205
82$7,387,505$787,003$151,780$5,399,773
83$8,070,287$754,824$86,122$5,859,442
84$8,820,485$718,838$16,036$6,364,408
85$9,644,904$678,792$0$6,919,299
86$10,551,044$634,411$0$7,532,982
87$11,547,163$585,411$0$8,208,661
88$12,642,365$531,486$0$8,951,529
89$13,846,674$472,318$0$9,768,442
90$15,171,139$407,565$0$10,666,961
91$16,627,931$336,872$0$11,655,418
92$18,230,460$259,858$0$12,743,001
93$19,993,500$176,125$0$13,939,838
94$21,933,332$85,250$0$15,257,093
95$24,067,893$0$0$16,707,075
96$26,416,945$0$0$18,307,859
97$29,002,266$0$0$20,101,724
98$31,847,849$0$0$22,076,247
99$34,980,134$0$0$24,249,782
100$38,428,251$0$0$26,642,553