Can I retire at age 55 with 1,350,000?

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 $1,350,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$111,482$110,489$109,520$108,574$107,651$106,218
2 years$55,189$54,161$53,165$52,199$51,262$49,821
3 years$36,427$35,395$34,401$33,445$32,523$31,118
4 years$27,048$26,019$25,035$24,095$23,196$21,838
5 years$21,422$20,399$19,428$18,507$17,633$16,326
6 years$17,673$16,657$15,701$14,800$13,952$12,698
7 years$14,996$13,989$13,048$12,168$11,347$10,146
8 years$12,989$11,991$11,065$10,208$9,413$8,265
9 years$11,429$10,440$9,531$8,695$7,927$6,832
10 years$10,181$9,203$8,309$7,495$6,755$5,711
11 years$9,161$8,193$7,315$6,523$5,809$4,816
12 years$8,312$7,353$6,492$5,721$5,034$4,091
13 years$7,594$6,645$5,800$5,051$4,390$3,495
14 years$6,979$6,040$5,211$4,484$3,848$3,000
15 years$6,446$5,518$4,705$3,999$3,388$2,586
16 years$5,981$5,063$4,266$3,580$2,994$2,236
17 years$5,571$4,662$3,882$3,217$2,655$1,939
18 years$5,206$4,308$3,544$2,899$2,361$1,686
19 years$4,881$3,993$3,244$2,620$2,104$1,469
20 years$4,588$3,710$2,977$2,373$1,880$1,282
21 years$4,324$3,456$2,738$2,153$1,682$1,120
22 years$4,084$3,226$2,524$1,958$1,508$981
23 years$3,865$3,017$2,330$1,783$1,353$859
24 years$3,665$2,827$2,155$1,626$1,216$754
25 years$3,481$2,653$1,996$1,485$1,095$662
26 years$3,311$2,493$1,851$1,358$986$581
27 years$3,154$2,347$1,719$1,243$889$511
28 years$3,009$2,211$1,598$1,139$802$450
29 years$2,874$2,086$1,487$1,044$724$396
30 years$2,748$1,970$1,385$958$654$348
31 years$2,631$1,862$1,291$880$592$307
32 years$2,521$1,762$1,205$809$535$270
33 years$2,418$1,669$1,125$744$484$238
34 years$2,321$1,582$1,051$684$439$210
35 years$2,230$1,500$983$630$397$185
36 years$2,144$1,424$919$580$360$163
37 years$2,063$1,352$861$535$326$144
38 years$1,987$1,285$806$493$296$127
39 years$1,914$1,222$755$454$268$112
40 years$1,846$1,163$708$419$243$99
41 years$1,781$1,107$664$387$221$87
42 years$1,719$1,054$622$357$200$77
43 years$1,660$1,004$584$329$182$68
44 years$1,604$957$548$304$165$60
45 years$1,551$913$515$281$150$53
46 years$1,500$871$484$259$136$47
47 years$1,451$831$454$240$123$41
48 years$1,405$793$427$222$112$37
49 years$1,361$758$401$205$102$32
50 years$1,318$724$377$189$92$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $1,350,000, adding $2,755 every year, while hoping to spend $40,329 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: 47/26/27 Blend
54$1,350,000$1,350,000$1,350,000$1,350,000
55$1,490,542$1,418,992$1,398,067$1,548,952
56$1,599,667$1,445,613$1,401,992$1,617,019
57$1,718,572$1,472,186$1,404,698$1,686,701
58$1,848,211$1,498,668$1,406,099$1,761,557
59$1,989,634$1,525,009$1,406,110$1,842,094
60$2,144,000$1,551,157$1,404,637$1,928,870
61$2,312,580$1,577,056$1,401,585$2,022,503
62$2,496,778$1,602,646$1,396,853$2,123,675
63$2,698,135$1,627,862$1,390,333$2,233,138
64$2,918,352$1,652,634$1,381,916$2,351,722
65$3,159,298$1,676,887$1,371,485$2,480,342
66$3,423,034$1,700,542$1,358,917$2,620,011
67$3,711,828$1,723,513$1,344,085$2,771,844
68$4,028,177$1,745,709$1,326,855$2,937,072
69$4,374,834$1,767,030$1,307,087$3,117,055
70$4,754,826$1,787,374$1,284,634$3,313,292
71$5,171,491$1,806,628$1,259,342$3,527,439
72$5,628,503$1,824,673$1,231,050$3,761,321
73$6,129,911$1,841,383$1,199,590$4,016,953
74$6,680,172$1,856,621$1,164,787$4,296,560
75$7,284,198$1,870,243$1,126,455$4,602,592
76$7,947,397$1,882,096$1,084,403$4,937,758
77$8,675,730$1,892,017$1,038,428$5,305,043
78$9,475,760$1,899,832$988,321$5,707,741
79$10,354,719$1,905,355$933,862$6,149,485
80$11,320,573$1,908,390$874,819$6,634,284
81$12,382,099$1,908,729$810,953$7,166,560
82$13,548,966$1,906,150$742,013$7,751,191
83$14,831,826$1,900,416$667,736$8,393,556
84$16,242,415$1,891,279$587,848$9,099,590
85$17,793,663$1,878,474$502,062$9,875,837
86$19,499,816$1,861,718$410,080$10,729,517
87$21,376,569$1,840,714$311,589$11,668,589
88$23,441,216$1,815,145$206,264$12,701,835
89$25,712,810$1,784,678$93,764$13,838,936
90$28,212,345$1,748,955$0$15,090,571
91$30,962,953$1,707,603$0$16,476,089
92$33,990,121$1,660,222$0$18,030,220
93$37,321,931$1,606,391$0$19,740,352
94$40,989,328$1,545,665$0$21,622,390
95$45,026,408$1,477,570$0$23,693,863
96$49,470,738$1,401,608$0$25,974,094
97$54,363,717$1,317,251$0$28,484,377
98$59,750,960$1,223,939$0$31,248,187
99$65,682,728$1,121,083$0$34,291,393
100$72,214,408$1,008,057$0$37,642,511