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%14.7%
1 years$70,357$69,731$69,119$68,522$67,940$66,622
2 years$34,830$34,182$33,553$32,943$32,352$31,030
3 years$22,990$22,338$21,711$21,107$20,526$19,241
4 years$17,070$16,421$15,800$15,207$14,639$13,401
5 years$13,520$12,874$12,262$11,680$11,128$9,940
6 years$11,153$10,513$9,909$9,341$8,805$7,669
7 years$9,464$8,829$8,235$7,679$7,161$6,076
8 years$8,197$7,568$6,984$6,442$5,941$4,907
9 years$7,213$6,589$6,015$5,487$5,003$4,020
10 years$6,425$5,808$5,244$4,730$4,263$3,330
11 years$5,782$5,170$4,617$4,117$3,666$2,782
12 years$5,246$4,641$4,097$3,611$3,177$2,340
13 years$4,793$4,194$3,661$3,188$2,770$1,980
14 years$4,405$3,812$3,289$2,830$2,429$1,682
15 years$4,068$3,482$2,970$2,524$2,138$1,435
16 years$3,775$3,195$2,692$2,260$1,890$1,228
17 years$3,516$2,943$2,450$2,030$1,676$1,054
18 years$3,286$2,719$2,236$1,830$1,490$906
19 years$3,080$2,520$2,047$1,653$1,328$781
20 years$2,896$2,342$1,879$1,497$1,186$674
21 years$2,729$2,181$1,728$1,359$1,062$582
22 years$2,577$2,036$1,593$1,236$951$504
23 years$2,439$1,904$1,471$1,125$854$436
24 years$2,313$1,784$1,360$1,026$768$378
25 years$2,197$1,674$1,260$937$691$328
26 years$2,090$1,574$1,168$857$622$285
27 years$1,991$1,481$1,085$784$561$247
28 years$1,899$1,396$1,009$719$506$215
29 years$1,814$1,317$939$659$457$187
30 years$1,734$1,243$874$605$413$163
31 years$1,660$1,175$815$556$373$141
32 years$1,591$1,112$760$511$338$123
33 years$1,526$1,053$710$469$306$107
34 years$1,465$998$663$432$277$93
35 years$1,407$947$620$398$251$81
36 years$1,353$899$580$366$227$71
37 years$1,302$853$543$337$206$62
38 years$1,254$811$509$311$187$54
39 years$1,208$771$476$287$169$47
40 years$1,165$734$447$265$154$41
41 years$1,124$699$419$244$139$36
42 years$1,085$665$393$225$126$31
43 years$1,048$634$369$208$115$27
44 years$1,012$604$346$192$104$24
45 years$979$576$325$177$95$20
46 years$947$550$305$164$86$18
47 years$916$525$287$151$78$16
48 years$887$501$269$140$71$14
49 years$859$478$253$129$64$12
50 years$832$457$238$119$58$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $852,000, adding $6,527 every year, while hoping to spend $59,969 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: 71/21/8 Blend
54$852,000$852,000$852,000$852,000
55$945,637$900,481$887,275$1,011,037
56$978,285$880,798$853,192$1,035,451
57$1,012,254$858,140$815,957$1,054,131
58$1,047,614$832,299$775,402$1,072,929
59$1,084,442$803,054$731,350$1,091,842
60$1,122,821$770,169$683,616$1,110,868
61$1,162,840$733,398$632,008$1,130,006
62$1,204,593$692,478$576,323$1,149,257
63$1,248,184$647,132$516,353$1,168,622
64$1,293,724$597,067$451,876$1,188,107
65$1,341,333$541,973$382,663$1,207,718
66$1,391,141$481,522$308,475$1,227,465
67$1,443,289$415,368$229,060$1,247,362
68$1,497,929$343,145$144,158$1,267,425
69$1,555,226$264,468$53,496$1,287,677
70$1,615,359$178,927$0$1,308,144
71$1,678,524$86,092$0$1,332,551
72$1,744,930$0$0$1,362,360
73$1,814,809$0$0$1,396,422
74$1,888,410$0$0$1,453,268
75$1,966,006$0$0$1,513,216
76$2,047,894$0$0$1,576,498
77$2,134,396$0$0$1,643,367
78$2,225,867$0$0$1,714,096
79$2,322,692$0$0$1,788,989
80$2,425,291$0$0$1,868,372
81$2,534,124$0$0$1,952,604
82$2,649,694$0$0$2,042,079
83$2,772,550$0$0$2,137,224
84$2,903,294$0$0$2,238,511
85$3,042,584$0$0$2,346,452
86$3,191,141$0$0$2,461,611
87$3,349,754$0$0$2,584,605
88$3,519,290$0$0$2,716,109
89$3,700,695$0$0$2,856,864
90$3,895,011$0$0$3,007,684
91$4,103,378$0$0$3,169,459
92$4,327,047$0$0$3,343,167
93$4,567,391$0$0$3,529,882
94$4,825,919$0$0$3,730,781
95$5,104,285$0$0$3,947,159
96$5,404,307$0$0$4,180,437
97$5,727,983$0$0$4,432,175
98$6,077,504$0$0$4,704,088
99$6,455,283$0$0$4,998,061
100$6,863,969$0$0$5,316,165