Can I retire at age 55 with 855,000?

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 $855,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$70,605$69,976$69,363$68,764$68,179$66,076
2 years$34,953$34,302$33,671$33,059$32,466$30,366
3 years$23,071$22,417$21,787$21,182$20,598$18,566
4 years$17,130$16,479$15,856$15,260$14,691$12,743
5 years$13,567$12,920$12,305$11,721$11,168$9,309
6 years$11,193$10,550$9,944$9,374$8,836$7,069
7 years$9,497$8,860$8,264$7,707$7,186$5,510
8 years$8,226$7,594$7,008$6,465$5,962$4,375
9 years$7,238$6,612$6,036$5,507$5,021$3,522
10 years$6,448$5,828$5,262$4,747$4,278$2,865
11 years$5,802$5,189$4,633$4,131$3,679$2,350
12 years$5,264$4,657$4,112$3,624$3,188$1,939
13 years$4,810$4,209$3,673$3,199$2,780$1,609
14 years$4,420$3,826$3,301$2,840$2,437$1,340
15 years$4,083$3,495$2,980$2,533$2,146$1,120
16 years$3,788$3,206$2,702$2,268$1,897$939
17 years$3,528$2,953$2,459$2,037$1,682$789
18 years$3,297$2,729$2,244$1,836$1,495$664
19 years$3,091$2,529$2,055$1,659$1,333$560
20 years$2,906$2,350$1,886$1,503$1,190$473
21 years$2,738$2,189$1,734$1,364$1,065$400
22 years$2,586$2,043$1,599$1,240$955$338
23 years$2,448$1,911$1,476$1,129$857$286
24 years$2,321$1,790$1,365$1,030$770$243
25 years$2,204$1,680$1,264$941$693$206
26 years$2,097$1,579$1,173$860$624$174
27 years$1,998$1,486$1,089$787$563$148
28 years$1,906$1,400$1,012$721$508$126
29 years$1,820$1,321$942$661$459$107
30 years$1,740$1,248$877$607$414$91
31 years$1,666$1,179$818$557$375$77
32 years$1,596$1,116$763$512$339$65
33 years$1,531$1,057$713$471$307$55
34 years$1,470$1,002$666$433$278$47
35 years$1,412$950$622$399$252$40
36 years$1,358$902$582$368$228$34
37 years$1,307$856$545$339$207$29
38 years$1,258$814$510$312$187$25
39 years$1,212$774$478$288$170$21
40 years$1,169$736$448$265$154$18
41 years$1,128$701$420$245$140$15
42 years$1,089$668$394$226$127$13
43 years$1,051$636$370$209$115$11
44 years$1,016$606$347$193$104$9
45 years$982$578$326$178$95$8
46 years$950$552$306$164$86$7
47 years$919$526$288$152$78$6
48 years$890$502$270$140$71$5
49 years$862$480$254$130$64$4
50 years$835$458$239$120$59$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $855,000, adding $4,656 every year, while hoping to spend $29,580 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: 41/41/18 Blend
54$855,000$855,000$855,000$855,000
55$947,013$901,698$888,445$980,642
56$1,012,135$914,408$886,735$1,017,678
57$1,082,909$926,750$883,977$1,054,517
58$1,159,878$938,673$880,103$1,093,771
59$1,243,644$950,127$875,045$1,135,675
60$1,334,866$961,053$868,729$1,180,489
61$1,434,270$971,393$861,079$1,228,502
62$1,542,656$981,081$852,015$1,280,032
63$1,660,903$990,050$841,454$1,335,432
64$1,789,979$998,227$829,307$1,395,092
65$1,930,951$1,005,533$815,482$1,459,443
66$2,084,991$1,011,888$799,884$1,528,961
67$2,253,391$1,017,201$782,411$1,604,175
68$2,437,573$1,021,381$762,959$1,685,666
69$2,639,104$1,024,327$741,416$1,774,078
70$2,859,707$1,025,933$717,668$1,870,125
71$3,101,282$1,026,088$691,594$1,974,593
72$3,365,918$1,024,672$663,068$2,088,353
73$3,655,919$1,021,558$631,958$2,212,365
74$3,973,820$1,016,612$598,126$2,347,692
75$4,322,414$1,009,691$561,428$2,495,508
76$4,704,778$1,000,643$521,713$2,657,110
77$5,124,300$989,309$478,825$2,833,930
78$5,584,711$975,518$432,598$3,027,551
79$6,090,123$959,090$382,862$3,239,722
80$6,645,064$939,833$329,436$3,472,372
81$7,254,522$917,546$272,133$3,727,633
82$7,923,991$892,014$210,758$4,007,861
83$8,659,527$863,011$145,106$4,315,654
84$9,467,796$830,296$74,965$4,653,883
85$10,356,146$793,616$112$5,025,717
86$11,332,671$752,701$0$5,434,654
87$12,406,288$707,268$0$5,899,877
88$13,586,820$657,015$0$6,411,346
89$14,885,093$601,625$0$6,973,793
90$16,313,030$540,763$0$7,592,461
91$17,883,771$474,072$0$8,273,135
92$19,611,792$401,178$0$9,022,192
93$21,513,044$321,685$0$9,846,668
94$23,605,100$235,173$0$10,754,324
95$25,907,324$141,200$0$11,753,718
96$28,441,052$39,300$0$12,854,288
97$31,229,792$0$0$14,066,444
98$34,299,448$0$0$15,433,707
99$37,678,561$0$0$16,958,458
100$41,398,582$0$0$18,637,176