Can I retire at age 55 with 852,000?

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 $852,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$70,357$69,731$69,119$68,522$67,940$66,056
2 years$34,830$34,182$33,553$32,943$32,352$30,469
3 years$22,990$22,338$21,711$21,107$20,526$18,701
4 years$17,070$16,421$15,800$15,207$14,639$12,887
5 years$13,520$12,874$12,262$11,680$11,128$9,455
6 years$11,153$10,513$9,909$9,341$8,805$7,211
7 years$9,464$8,829$8,235$7,679$7,161$5,646
8 years$8,197$7,568$6,984$6,442$5,941$4,504
9 years$7,213$6,589$6,015$5,487$5,003$3,644
10 years$6,425$5,808$5,244$4,730$4,263$2,979
11 years$5,782$5,170$4,617$4,117$3,666$2,456
12 years$5,246$4,641$4,097$3,611$3,177$2,038
13 years$4,793$4,194$3,661$3,188$2,770$1,700
14 years$4,405$3,812$3,289$2,830$2,429$1,424
15 years$4,068$3,482$2,970$2,524$2,138$1,197
16 years$3,775$3,195$2,692$2,260$1,890$1,009
17 years$3,516$2,943$2,450$2,030$1,676$853
18 years$3,286$2,719$2,236$1,830$1,490$722
19 years$3,080$2,520$2,047$1,653$1,328$613
20 years$2,896$2,342$1,879$1,497$1,186$520
21 years$2,729$2,181$1,728$1,359$1,062$442
22 years$2,577$2,036$1,593$1,236$951$377
23 years$2,439$1,904$1,471$1,125$854$321
24 years$2,313$1,784$1,360$1,026$768$274
25 years$2,197$1,674$1,260$937$691$233
26 years$2,090$1,574$1,168$857$622$199
27 years$1,991$1,481$1,085$784$561$170
28 years$1,899$1,396$1,009$719$506$145
29 years$1,814$1,317$939$659$457$124
30 years$1,734$1,243$874$605$413$106
31 years$1,660$1,175$815$556$373$91
32 years$1,591$1,112$760$511$338$78
33 years$1,526$1,053$710$469$306$66
34 years$1,465$998$663$432$277$57
35 years$1,407$947$620$398$251$49
36 years$1,353$899$580$366$227$42
37 years$1,302$853$543$337$206$36
38 years$1,254$811$509$311$187$30
39 years$1,208$771$476$287$169$26
40 years$1,165$734$447$265$154$22
41 years$1,124$699$419$244$139$19
42 years$1,085$665$393$225$126$16
43 years$1,048$634$369$208$115$14
44 years$1,012$604$346$192$104$12
45 years$979$576$325$177$95$10
46 years$947$550$305$164$86$9
47 years$916$525$287$151$78$8
48 years$887$501$269$140$71$6
49 years$859$478$253$129$64$6
50 years$832$457$238$119$58$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $852,000, adding $4,017 every year, while hoping to spend $22,363 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: 59/28/13 Blend
54$852,000$852,000$852,000$852,000
55$943,048$897,892$884,686$995,417
56$1,015,444$918,094$890,528$1,051,393
57$1,094,476$938,537$895,818$1,109,552
58$1,180,796$959,209$900,511$1,172,438
59$1,275,123$980,096$904,564$1,240,509
60$1,378,249$1,001,184$907,930$1,314,270
61$1,491,045$1,022,457$910,560$1,394,276
62$1,614,471$1,043,896$912,403$1,481,139
63$1,749,584$1,065,484$913,406$1,575,532
64$1,897,547$1,087,198$913,510$1,678,200
65$2,059,641$1,109,016$912,658$1,789,959
66$2,237,279$1,130,912$910,786$1,911,713
67$2,432,013$1,152,858$907,829$2,044,454
68$2,645,556$1,174,826$903,719$2,189,278
69$2,879,793$1,196,783$898,384$2,347,392
70$3,136,801$1,218,694$891,748$2,520,125
71$3,418,866$1,240,521$883,733$2,708,943
72$3,728,508$1,262,225$874,257$2,915,461
73$4,068,503$1,283,761$863,231$3,141,459
74$4,441,907$1,305,082$850,566$3,388,900
75$4,852,089$1,326,138$836,168$3,659,944
76$5,302,758$1,346,875$819,935$3,956,976
77$5,798,002$1,367,235$801,766$4,282,622
78$6,342,323$1,387,154$781,550$4,639,775
79$6,940,682$1,406,567$759,174$5,031,628
80$7,598,544$1,425,401$734,518$5,461,696
81$8,321,930$1,443,580$707,459$5,933,855
82$9,117,474$1,461,023$677,866$6,452,376
83$9,992,485$1,477,641$645,603$7,021,969
84$10,955,015$1,493,342$610,528$7,647,821
85$12,013,938$1,508,027$572,491$8,335,654
86$13,179,028$1,521,589$531,338$9,091,770
87$14,461,056$1,533,914$486,906$9,923,119
88$15,871,892$1,544,884$439,025$10,837,358
89$17,424,610$1,554,368$387,518$11,842,929
90$19,133,620$1,562,232$332,199$12,949,133
91$21,014,798$1,568,330$272,876$14,166,226
92$23,085,636$1,572,507$209,346$15,505,509
93$25,365,411$1,574,600$141,399$16,979,438
94$27,875,361$1,574,434$68,815$18,601,742
95$30,638,891$1,571,824$0$20,387,551
96$33,681,789$1,566,574$0$22,354,744
97$37,032,470$1,558,476$0$24,530,766
98$40,722,248$1,547,307$0$26,926,356
99$44,785,627$1,532,834$0$29,563,877
100$49,260,625$1,514,807$0$32,467,978