Can I retire at age 55 with 836,000?

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 $836,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$69,036$68,421$67,821$67,236$66,664$65,345
2 years$34,176$33,540$32,923$32,325$31,745$30,421
3 years$22,558$21,919$21,303$20,711$20,140$18,854
4 years$16,750$16,113$15,503$14,921$14,364$13,124
5 years$13,266$12,632$12,031$11,461$10,919$9,730
6 years$10,944$10,315$9,723$9,165$8,640$7,503
7 years$9,286$8,663$8,080$7,535$7,027$5,941
8 years$8,043$7,426$6,852$6,321$5,829$4,795
9 years$7,077$6,465$5,902$5,384$4,909$3,926
10 years$6,305$5,699$5,145$4,641$4,183$3,250
11 years$5,673$5,073$4,530$4,039$3,597$2,713
12 years$5,147$4,554$4,020$3,543$3,117$2,281
13 years$4,703$4,115$3,592$3,128$2,718$1,928
14 years$4,322$3,741$3,227$2,777$2,383$1,638
15 years$3,992$3,417$2,914$2,476$2,098$1,396
16 years$3,704$3,135$2,642$2,217$1,854$1,194
17 years$3,450$2,887$2,404$1,992$1,644$1,024
18 years$3,224$2,668$2,194$1,795$1,462$880
19 years$3,023$2,473$2,009$1,622$1,303$757
20 years$2,841$2,298$1,844$1,469$1,164$653
21 years$2,678$2,140$1,696$1,333$1,042$564
22 years$2,529$1,998$1,563$1,212$934$488
23 years$2,393$1,869$1,443$1,104$838$422
24 years$2,269$1,751$1,335$1,007$753$366
25 years$2,155$1,643$1,236$920$678$317
26 years$2,050$1,544$1,146$841$611$275
27 years$1,953$1,453$1,065$770$550$239
28 years$1,863$1,369$990$705$497$207
29 years$1,780$1,292$921$647$449$180
30 years$1,702$1,220$858$594$405$156
31 years$1,629$1,153$800$545$366$136
32 years$1,561$1,091$746$501$331$118
33 years$1,497$1,033$697$461$300$103
34 years$1,437$979$651$424$272$89
35 years$1,381$929$609$390$246$78
36 years$1,328$882$569$359$223$68
37 years$1,278$837$533$331$202$59
38 years$1,230$796$499$305$183$51
39 years$1,185$757$468$281$166$45
40 years$1,143$720$438$260$151$39
41 years$1,103$685$411$239$137$34
42 years$1,064$653$385$221$124$29
43 years$1,028$622$362$204$113$26
44 years$993$593$340$188$102$22
45 years$960$565$319$174$93$19
46 years$929$539$299$161$84$17
47 years$899$515$281$148$76$15
48 years$870$491$264$137$69$13
49 years$843$469$248$127$63$11
50 years$816$448$234$117$57$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $836,000, adding $6,915 every year, while hoping to spend $52,104 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: 68/18/14 Blend
54$836,000$836,000$836,000$836,000
55$928,405$884,097$871,139$988,099
56$967,664$871,979$844,884$1,016,616
57$1,009,181$857,522$816,003$1,040,963
58$1,053,132$840,554$784,353$1,066,264
59$1,099,707$820,898$749,785$1,092,607
60$1,149,117$798,361$712,142$1,120,089
61$1,201,589$772,743$671,261$1,148,822
62$1,257,375$743,831$626,972$1,178,927
63$1,316,747$711,399$579,095$1,210,541
64$1,380,005$675,207$527,445$1,243,817
65$1,447,477$635,005$471,827$1,278,925
66$1,519,524$590,523$412,036$1,316,055
67$1,596,537$541,481$347,862$1,355,418
68$1,678,950$487,579$279,081$1,397,248
69$1,767,235$428,503$205,462$1,441,809
70$1,861,912$363,918$126,764$1,489,391
71$1,963,550$293,473$42,734$1,540,318
72$2,072,774$216,796$0$1,594,950
73$2,190,271$133,493$0$1,660,701
74$2,316,793$43,149$0$1,738,270
75$2,453,170$0$0$1,821,806
76$2,600,308$0$0$1,922,730
77$2,759,208$0$0$2,040,989
78$2,930,966$0$0$2,168,858
79$3,116,788$0$0$2,307,240
80$3,318,000$0$0$2,457,127
81$3,536,060$0$0$2,619,611
82$3,772,570$0$0$2,795,892
83$4,029,293$0$0$2,987,289
84$4,308,167$0$0$3,195,255
85$4,611,325$0$0$3,421,386
86$4,941,112$0$0$3,667,440
87$5,300,110$0$0$3,935,348
88$5,691,157$0$0$4,227,239
89$6,117,381$0$0$4,545,453
90$6,582,220$0$0$4,892,567
91$7,089,459$0$0$5,271,415
92$7,643,266$0$0$5,685,120
93$8,248,229$0$0$6,137,118
94$8,909,395$0$0$6,631,191
95$9,632,326$0$0$7,171,504
96$10,423,143$0$0$7,762,643
97$11,288,585$0$0$8,409,657
98$12,236,073$0$0$9,118,107
99$13,273,781$0$0$9,894,113
100$14,410,709$0$0$10,744,421