Can I retire at age 55 with 826,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $826,000?

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$68,210$67,603$67,010$66,431$65,866$63,886
2 years$33,767$33,139$32,529$31,938$31,365$29,386
3 years$22,288$21,656$21,048$20,463$19,899$17,985
4 years$16,549$15,920$15,318$14,743$14,192$12,356
5 years$13,107$12,481$11,887$11,324$10,789$9,036
6 years$10,813$10,192$9,607$9,056$8,537$6,869
7 years$9,175$8,559$7,983$7,445$6,943$5,360
8 years$7,947$7,337$6,770$6,246$5,760$4,261
9 years$6,993$6,388$5,831$5,320$4,850$3,435
10 years$6,229$5,631$5,084$4,586$4,133$2,797
11 years$5,605$5,013$4,476$3,991$3,554$2,297
12 years$5,086$4,499$3,972$3,501$3,080$1,899
13 years$4,646$4,066$3,549$3,091$2,686$1,577
14 years$4,270$3,696$3,189$2,743$2,354$1,316
15 years$3,944$3,376$2,879$2,447$2,073$1,101
16 years$3,659$3,098$2,610$2,191$1,832$925
17 years$3,408$2,853$2,375$1,968$1,625$778
18 years$3,186$2,636$2,168$1,774$1,444$656
19 years$2,986$2,443$1,985$1,603$1,287$554
20 years$2,807$2,270$1,822$1,452$1,150$468
21 years$2,646$2,115$1,676$1,317$1,029$396
22 years$2,499$1,974$1,544$1,198$922$336
23 years$2,365$1,846$1,426$1,091$828$285
24 years$2,242$1,730$1,319$995$744$242
25 years$2,130$1,623$1,221$909$670$205
26 years$2,026$1,526$1,133$831$603$174
27 years$1,930$1,436$1,052$761$544$148
28 years$1,841$1,353$978$697$491$126
29 years$1,758$1,276$910$639$443$107
30 years$1,681$1,205$848$586$400$91
31 years$1,610$1,139$790$539$362$77
32 years$1,542$1,078$737$495$327$66
33 years$1,479$1,021$688$455$296$56
34 years$1,420$968$643$419$268$48
35 years$1,364$918$601$386$243$41
36 years$1,312$871$563$355$220$35
37 years$1,262$827$527$327$200$29
38 years$1,216$786$493$302$181$25
39 years$1,171$748$462$278$164$21
40 years$1,129$711$433$256$149$18
41 years$1,089$677$406$237$135$15
42 years$1,052$645$381$218$123$13
43 years$1,016$615$357$202$111$11
44 years$981$586$335$186$101$10
45 years$949$559$315$172$92$8
46 years$918$533$296$159$83$7
47 years$888$508$278$147$76$6
48 years$860$485$261$136$69$5
49 years$832$464$245$125$62$4
50 years$806$443$231$116$57$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $826,000, adding $2,296 every year, while hoping to spend $34,063 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: 69/22/9 Blend
54$826,000$826,000$826,000$826,000
55$912,620$868,842$856,039$973,875
56$969,465$875,173$848,474$1,021,106
57$1,030,966$880,672$839,513$1,068,401
58$1,097,562$885,263$829,075$1,119,228
59$1,169,737$888,864$817,072$1,173,925
60$1,248,020$891,389$803,415$1,232,868
61$1,332,996$892,744$788,007$1,296,470
62$1,425,307$892,834$770,750$1,365,189
63$1,525,658$891,552$751,539$1,439,527
64$1,634,826$888,789$730,267$1,520,039
65$1,753,666$884,428$706,819$1,607,339
66$1,883,119$878,344$681,076$1,702,100
67$2,024,219$870,404$652,914$1,805,069
68$2,178,105$860,470$622,203$1,917,068
69$2,346,032$848,393$588,807$2,039,001
70$2,529,378$834,016$552,583$2,171,871
71$2,729,664$817,171$513,383$2,316,779
72$2,948,560$797,684$471,053$2,474,942
73$3,187,909$775,366$425,429$2,647,701
74$3,449,738$750,021$376,342$2,836,538
75$3,736,277$721,438$323,616$3,043,084
76$4,049,986$689,397$267,065$3,269,141
77$4,393,570$653,663$206,498$3,516,694
78$4,770,010$613,988$141,711$3,787,933
79$5,182,588$570,111$72,495$4,085,275
80$5,634,919$521,753$0$4,411,385
81$6,130,985$468,623$0$4,769,332
82$6,675,171$410,411$0$5,169,663
83$7,272,306$346,789$0$5,609,008
84$7,927,712$277,413$0$6,091,331
85$8,647,249$201,916$0$6,621,005
86$9,437,372$119,913$0$7,202,850
87$10,305,192$30,998$0$7,842,178
88$11,258,545$0$0$8,544,847
89$12,306,060$0$0$9,333,114
90$13,457,244$0$0$10,207,690
91$14,722,572$0$0$11,169,035
92$16,113,582$0$0$12,225,922
93$17,642,990$0$0$13,388,017
94$19,324,800$0$0$14,665,970
95$21,174,445$0$0$16,071,514
96$23,208,927$0$0$17,617,577
97$25,446,979$0$0$19,318,401
98$27,909,240$0$0$21,189,679
99$30,618,452$0$0$23,248,704
100$33,599,672$0$0$25,514,525