Can I retire at age 55 with 825,000?

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 $825,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$68,128$67,521$66,929$66,351$65,787$65,399
2 years$33,727$33,098$32,490$31,899$31,327$30,936
3 years$22,261$21,630$21,023$20,438$19,875$19,493
4 years$16,529$15,900$15,299$14,725$14,175$13,805
5 years$13,091$12,466$11,873$11,310$10,776$10,418
6 years$10,800$10,180$9,595$9,045$8,526$8,182
7 years$9,164$8,549$7,974$7,436$6,934$6,603
8 years$7,938$7,328$6,762$6,238$5,753$5,435
9 years$6,984$6,380$5,824$5,313$4,845$4,540
10 years$6,222$5,624$5,078$4,580$4,128$3,836
11 years$5,599$5,007$4,470$3,986$3,550$3,271
12 years$5,080$4,494$3,967$3,496$3,076$2,810
13 years$4,641$4,061$3,545$3,087$2,683$2,429
14 years$4,265$3,691$3,185$2,740$2,352$2,110
15 years$3,940$3,372$2,875$2,444$2,071$1,841
16 years$3,655$3,094$2,607$2,188$1,830$1,612
17 years$3,404$2,849$2,372$1,966$1,623$1,416
18 years$3,182$2,633$2,166$1,772$1,443$1,246
19 years$2,983$2,440$1,982$1,601$1,286$1,100
20 years$2,804$2,267$1,819$1,450$1,149$973
21 years$2,642$2,112$1,674$1,316$1,028$862
22 years$2,496$1,972$1,542$1,196$921$765
23 years$2,362$1,844$1,424$1,090$827$679
24 years$2,239$1,728$1,317$994$743$604
25 years$2,127$1,621$1,220$908$669$538
26 years$2,023$1,524$1,131$830$603$479
27 years$1,928$1,434$1,051$760$543$427
28 years$1,839$1,351$977$696$490$381
29 years$1,756$1,275$909$638$443$341
30 years$1,679$1,204$847$586$400$304
31 years$1,608$1,138$789$538$362$272
32 years$1,540$1,077$736$494$327$243
33 years$1,477$1,020$688$455$296$218
34 years$1,418$967$642$418$268$195
35 years$1,363$917$601$385$243$174
36 years$1,310$870$562$355$220$156
37 years$1,261$826$526$327$199$140
38 years$1,214$785$492$301$181$125
39 years$1,170$747$461$278$164$112
40 years$1,128$711$432$256$149$101
41 years$1,088$676$406$236$135$90
42 years$1,050$644$380$218$122$81
43 years$1,014$614$357$201$111$73
44 years$980$585$335$186$101$65
45 years$948$558$315$172$92$58
46 years$917$532$295$159$83$52
47 years$887$508$278$147$75$47
48 years$859$485$261$135$69$42
49 years$831$463$245$125$62$38
50 years$805$442$231$116$57$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $825,000, adding $2,621 every year, while hoping to spend $41,220 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: 77/17/6 Blend
54$825,000$825,000$825,000$825,000
55$911,854$868,129$855,341$981,357
56$961,005$866,809$840,137$1,026,024
57$1,013,788$864,043$823,043$1,069,382
58$1,070,530$859,717$803,950$1,115,702
59$1,131,590$853,709$782,748$1,165,258
60$1,197,362$845,890$759,320$1,218,355
61$1,268,278$836,125$733,543$1,275,330
62$1,344,815$824,267$705,289$1,336,551
63$1,427,494$810,164$674,424$1,402,427
64$1,516,890$793,654$640,809$1,473,407
65$1,613,634$774,564$604,297$1,549,987
66$1,718,420$752,713$564,736$1,632,714
67$1,832,009$727,907$521,965$1,722,191
68$1,955,242$699,942$475,819$1,819,083
69$2,089,040$668,602$426,122$1,924,124
70$2,234,418$633,660$372,693$2,038,122
71$2,392,492$594,872$315,342$2,161,970
72$2,564,489$551,984$253,869$2,296,652
73$2,751,761$504,725$188,067$2,443,253
74$2,955,794$452,810$117,721$2,602,972
75$3,178,224$395,937$42,604$2,777,127
76$3,420,852$333,787$0$2,967,176
77$3,685,659$266,022$0$3,177,129
78$3,974,826$192,287$0$3,409,421
79$4,290,755$112,206$0$3,663,292
80$4,636,089$25,381$0$3,940,914
81$5,013,740$0$0$4,244,683
82$5,426,910$0$0$4,590,073
83$5,879,130$0$0$4,973,331
84$6,374,285$0$0$5,393,006
85$6,916,654$0$0$5,852,729
86$7,510,947$0$0$6,356,496
87$8,162,356$0$0$6,908,712
88$8,876,596$0$0$7,514,226
89$9,659,960$0$0$8,178,377
90$10,519,384$0$0$8,907,050
91$11,462,503$0$0$9,706,724
92$12,497,729$0$0$10,584,535
93$13,634,329$0$0$11,548,347
94$14,882,510$0$0$12,606,819
95$16,253,516$0$0$13,769,493
96$17,759,734$0$0$15,046,878
97$19,414,810$0$0$16,450,552
98$21,233,776$0$0$17,993,271
99$23,233,194$0$0$19,689,088
100$25,431,311$0$0$21,553,484