Can I retire at age 55 with 865,000?

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 $865,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$71,431$70,795$70,174$69,568$68,976$68,628
2 years$35,362$34,703$34,065$33,446$32,846$32,494
3 years$23,340$22,679$22,042$21,429$20,839$20,495
4 years$17,331$16,671$16,041$15,439$14,862$14,529
5 years$13,726$13,071$12,449$11,858$11,298$10,976
6 years$11,324$10,673$10,060$9,483$8,940$8,629
7 years$9,608$8,963$8,360$7,797$7,270$6,972
8 years$8,322$7,683$7,090$6,540$6,032$5,745
9 years$7,323$6,690$6,107$5,571$5,079$4,805
10 years$6,524$5,897$5,324$4,802$4,328$4,065
11 years$5,870$5,249$4,687$4,179$3,722$3,470
12 years$5,326$4,712$4,160$3,666$3,226$2,985
13 years$4,866$4,258$3,716$3,236$2,813$2,583
14 years$4,472$3,870$3,339$2,873$2,466$2,247
15 years$4,131$3,536$3,015$2,562$2,171$1,963
16 years$3,832$3,244$2,733$2,294$1,919$1,721
17 years$3,569$2,987$2,487$2,061$1,701$1,514
18 years$3,336$2,761$2,271$1,858$1,513$1,335
19 years$3,127$2,558$2,079$1,679$1,348$1,180
20 years$2,940$2,377$1,908$1,520$1,204$1,045
21 years$2,770$2,214$1,755$1,380$1,078$927
22 years$2,617$2,067$1,617$1,254$966$823
23 years$2,476$1,933$1,493$1,142$867$733
24 years$2,348$1,811$1,381$1,042$779$653
25 years$2,230$1,700$1,279$952$701$582
26 years$2,121$1,598$1,186$870$632$519
27 years$2,021$1,504$1,102$796$570$464
28 years$1,928$1,417$1,024$730$514$415
29 years$1,841$1,337$953$669$464$371
30 years$1,761$1,262$888$614$419$332
31 years$1,686$1,193$828$564$379$297
32 years$1,615$1,129$772$518$343$266
33 years$1,549$1,069$721$477$310$239
34 years$1,487$1,013$674$439$281$214
35 years$1,429$961$630$404$255$192
36 years$1,374$912$589$372$231$172
37 years$1,322$866$551$343$209$154
38 years$1,273$823$516$316$189$139
39 years$1,227$783$484$291$172$124
40 years$1,183$745$453$269$156$112
41 years$1,141$709$425$248$141$100
42 years$1,101$675$399$229$128$90
43 years$1,064$644$374$211$116$81
44 years$1,028$613$351$195$106$73
45 years$994$585$330$180$96$65
46 years$961$558$310$166$87$59
47 years$930$533$291$154$79$53
48 years$900$508$274$142$72$47
49 years$872$485$257$131$65$43
50 years$845$464$242$121$59$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $865,000, adding $3,743 every year, while hoping to spend $28,099 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: 55/20/25 Blend
54$865,000$865,000$865,000$865,000
55$957,091$911,246$897,838$1,002,964
56$1,024,817$926,000$898,019$1,049,663
57$1,098,510$940,535$897,264$1,097,252
58$1,178,747$954,811$895,512$1,148,499
59$1,266,167$968,784$892,699$1,203,763
60$1,361,470$982,409$888,758$1,263,443
61$1,465,428$995,635$883,620$1,327,979
62$1,578,890$1,008,409$877,209$1,397,853
63$1,702,791$1,020,675$869,450$1,473,602
64$1,838,159$1,032,372$860,260$1,555,815
65$1,986,128$1,043,435$849,555$1,645,144
66$2,147,945$1,053,795$837,247$1,742,307
67$2,324,983$1,063,378$823,243$1,848,098
68$2,518,754$1,072,107$807,444$1,963,390
69$2,730,923$1,079,897$789,750$2,089,150
70$2,963,325$1,086,659$770,054$2,226,443
71$3,217,977$1,092,298$748,244$2,376,444
72$3,497,105$1,096,715$724,204$2,540,449
73$3,803,156$1,099,801$697,812$2,719,890
74$4,138,829$1,101,442$668,940$2,916,345
75$4,507,095$1,101,518$637,455$3,131,554
76$4,911,227$1,099,900$603,217$3,367,439
77$5,354,829$1,096,452$566,082$3,626,118
78$5,841,872$1,091,029$525,896$3,909,928
79$6,376,730$1,083,476$482,500$4,221,447
80$6,964,221$1,073,632$435,729$4,563,518
81$7,609,654$1,061,322$385,409$4,939,279
82$8,318,877$1,046,365$331,358$5,352,187
83$9,098,331$1,028,565$273,387$5,806,058
84$9,955,114$1,007,718$211,298$6,305,100
85$10,897,044$983,605$144,885$6,853,952
86$11,932,736$955,995$73,932$7,457,732
87$13,071,680$924,644$0$8,122,082
88$14,324,334$889,294$0$8,853,704
89$15,702,218$849,671$0$9,680,059
90$17,218,025$805,486$0$10,589,037
91$18,885,742$756,433$0$11,589,051
92$20,720,777$702,187$0$12,689,371
93$22,740,109$642,408$0$13,900,217
94$24,962,446$576,732$0$15,232,851
95$27,408,401$504,777$0$16,699,685
96$30,100,687$426,140$0$18,314,400
97$33,064,330$340,394$0$20,092,075
98$36,326,906$247,087$0$22,049,328
99$39,918,800$145,744$0$24,204,476
100$43,873,493$35,862$0$26,577,704