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%12.7%
1 years$68,128$67,521$66,929$66,351$65,787$65,046
2 years$33,727$33,098$32,490$31,899$31,327$30,581
3 years$22,261$21,630$21,023$20,438$19,875$19,147
4 years$16,529$15,900$15,299$14,725$14,175$13,471
5 years$13,091$12,466$11,873$11,310$10,776$10,097
6 years$10,800$10,180$9,595$9,045$8,526$7,875
7 years$9,164$8,549$7,974$7,436$6,934$6,310
8 years$7,938$7,328$6,762$6,238$5,753$5,155
9 years$6,984$6,380$5,824$5,313$4,845$4,274
10 years$6,222$5,624$5,078$4,580$4,128$3,583
11 years$5,599$5,007$4,470$3,986$3,550$3,031
12 years$5,080$4,494$3,967$3,496$3,076$2,583
13 years$4,641$4,061$3,545$3,087$2,683$2,214
14 years$4,265$3,691$3,185$2,740$2,352$1,907
15 years$3,940$3,372$2,875$2,444$2,071$1,649
16 years$3,655$3,094$2,607$2,188$1,830$1,431
17 years$3,404$2,849$2,372$1,966$1,623$1,245
18 years$3,182$2,633$2,166$1,772$1,443$1,087
19 years$2,983$2,440$1,982$1,601$1,286$950
20 years$2,804$2,267$1,819$1,450$1,149$832
21 years$2,642$2,112$1,674$1,316$1,028$730
22 years$2,496$1,972$1,542$1,196$921$641
23 years$2,362$1,844$1,424$1,090$827$564
24 years$2,239$1,728$1,317$994$743$497
25 years$2,127$1,621$1,220$908$669$438
26 years$2,023$1,524$1,131$830$603$386
27 years$1,928$1,434$1,051$760$543$341
28 years$1,839$1,351$977$696$490$301
29 years$1,756$1,275$909$638$443$266
30 years$1,679$1,204$847$586$400$235
31 years$1,608$1,138$789$538$362$208
32 years$1,540$1,077$736$494$327$184
33 years$1,477$1,020$688$455$296$163
34 years$1,418$967$642$418$268$144
35 years$1,363$917$601$385$243$128
36 years$1,310$870$562$355$220$113
37 years$1,261$826$526$327$199$100
38 years$1,214$785$492$301$181$89
39 years$1,170$747$461$278$164$79
40 years$1,128$711$432$256$149$70
41 years$1,088$676$406$236$135$62
42 years$1,050$644$380$218$122$55
43 years$1,014$614$357$201$111$49
44 years$980$585$335$186$101$43
45 years$948$558$315$172$92$38
46 years$917$532$295$159$83$34
47 years$887$508$278$147$75$30
48 years$859$485$261$135$69$27
49 years$831$463$245$125$62$24
50 years$805$442$231$116$57$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $825,000, adding $3,434 every year, while hoping to spend $49,243 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: 57/30/13 Blend
54$825,000$825,000$825,000$825,000
55$912,692$868,967$856,180$961,521
56$953,393$859,152$832,468$985,130
57$996,594$847,206$806,311$1,005,120
58$1,042,500$832,972$777,575$1,025,747
59$1,091,332$816,285$746,121$1,047,078
60$1,143,333$796,969$711,801$1,069,192
61$1,198,770$774,837$674,464$1,092,177
62$1,257,935$749,694$633,949$1,116,134
63$1,321,146$721,331$590,088$1,141,174
64$1,388,754$689,528$542,707$1,167,426
65$1,461,144$654,051$491,624$1,195,032
66$1,538,735$614,654$436,648$1,224,154
67$1,621,990$571,076$377,580$1,254,973
68$1,711,415$523,041$314,211$1,287,693
69$1,807,567$470,258$246,325$1,322,544
70$1,911,057$412,419$173,695$1,359,780
71$2,022,555$349,197$96,084$1,399,690
72$2,142,798$280,250$13,245$1,442,594
73$2,272,594$205,214$0$1,488,853
74$2,412,834$123,704$0$1,549,294
75$2,564,494$35,317$0$1,616,577
76$2,728,648$0$0$1,689,403
77$2,906,477$0$0$1,788,305
78$3,099,279$0$0$1,908,234
79$3,308,481$0$0$2,038,429
80$3,535,654$0$0$2,179,873
81$3,782,525$0$0$2,333,650
82$4,050,992$0$0$2,500,952
83$4,343,147$0$0$2,683,092
84$4,661,288$0$0$2,881,511
85$5,007,947$0$0$3,097,799
86$5,385,908$0$0$3,333,703
87$5,798,237$0$0$3,591,147
88$6,248,306$0$0$3,872,248
89$6,739,830$0$0$4,179,338
90$7,276,896$0$0$4,514,983
91$7,864,006$0$0$4,882,009
92$8,506,114$0$0$5,283,525
93$9,208,677$0$0$5,722,959
94$9,977,701$0$0$6,204,080
95$10,819,803$0$0$6,731,044
96$11,742,267$0$0$7,308,423
97$12,753,116$0$0$7,941,256
98$13,861,186$0$0$8,635,090
99$15,076,207$0$0$9,396,035
100$16,408,897$0$0$10,230,822