Can I retire at age 55 with 1,810,000?

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 $1,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$149,468$148,137$146,838$145,570$144,332$143,182
2 years$73,994$72,616$71,280$69,986$68,729$67,571
3 years$48,839$47,455$46,123$44,840$43,605$42,473
4 years$36,265$34,885$33,566$32,305$31,099$30,003
5 years$28,722$27,350$26,048$24,813$23,641$22,583
6 years$23,695$22,333$21,051$19,843$18,706$17,688
7 years$20,105$18,756$17,494$16,314$15,213$14,236
8 years$17,414$16,077$14,836$13,686$12,621$11,684
9 years$15,323$13,998$12,778$11,657$10,629$9,732
10 years$13,650$12,338$11,140$10,049$9,056$8,199
11 years$12,283$10,984$9,808$8,745$7,789$6,970
12 years$11,144$9,859$8,704$7,671$6,749$5,969
13 years$10,182$8,909$7,777$6,772$5,886$5,143
14 years$9,357$8,098$6,987$6,012$5,159$4,453
15 years$8,643$7,398$6,309$5,361$4,543$3,872
16 years$8,019$6,788$5,720$4,800$4,015$3,378
17 years$7,469$6,251$5,205$4,313$3,560$2,957
18 years$6,980$5,776$4,751$3,887$3,165$2,594
19 years$6,544$5,353$4,349$3,512$2,821$2,282
20 years$6,152$4,975$3,992$3,181$2,520$2,010
21 years$5,797$4,634$3,672$2,887$2,255$1,774
22 years$5,475$4,325$3,384$2,625$2,021$1,568
23 years$5,182$4,045$3,124$2,391$1,815$1,388
24 years$4,913$3,790$2,890$2,180$1,631$1,230
25 years$4,666$3,557$2,676$1,991$1,468$1,091
26 years$4,439$3,343$2,482$1,821$1,322$968
27 years$4,229$3,146$2,305$1,666$1,192$860
28 years$4,034$2,965$2,143$1,527$1,075$764
29 years$3,853$2,797$1,994$1,400$971$680
30 years$3,684$2,641$1,857$1,285$877$605
31 years$3,527$2,497$1,732$1,180$793$539
32 years$3,380$2,363$1,616$1,085$718$480
33 years$3,241$2,237$1,508$997$649$427
34 years$3,112$2,121$1,409$918$588$381
35 years$2,990$2,011$1,318$845$533$340
36 years$2,875$1,909$1,233$778$483$303
37 years$2,766$1,813$1,154$717$437$270
38 years$2,664$1,723$1,080$661$396$241
39 years$2,567$1,639$1,012$609$360$215
40 years$2,475$1,559$949$562$326$192
41 years$2,387$1,484$890$518$296$171
42 years$2,304$1,413$835$478$268$153
43 years$2,226$1,347$783$442$244$137
44 years$2,151$1,284$735$408$221$122
45 years$2,079$1,224$690$377$201$109
46 years$2,011$1,168$648$348$182$97
47 years$1,946$1,114$609$321$166$87
48 years$1,884$1,064$572$297$150$78
49 years$1,824$1,016$538$274$137$69
50 years$1,767$970$506$254$124$62

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $1,810,000, adding $3,278 every year, while hoping to spend $50,209 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: 50/39/11 Blend
54$1,810,000$1,810,000$1,810,000$1,810,000
55$1,998,001$1,902,071$1,874,016$2,091,853
56$2,148,375$1,941,851$1,883,374$2,196,239
57$2,312,405$1,981,897$1,891,362$2,304,035
58$2,491,430$2,022,169$1,897,882$2,420,023
59$2,686,924$2,062,624$1,902,830$2,544,985
60$2,900,513$2,103,215$1,906,097$2,679,786
61$3,133,982$2,143,889$1,907,568$2,825,376
62$3,389,300$2,184,592$1,907,124$2,982,803
63$3,668,634$2,225,262$1,904,637$3,153,221
64$3,974,369$2,265,834$1,899,977$3,337,904
65$4,309,132$2,306,237$1,893,004$3,538,254
66$4,675,816$2,346,396$1,883,572$3,755,818
67$5,077,607$2,386,227$1,871,530$3,992,301
68$5,518,015$2,425,644$1,856,717$4,249,582
69$6,000,902$2,464,550$1,838,967$4,529,732
70$6,530,525$2,502,844$1,818,104$4,835,035
71$7,111,572$2,540,417$1,793,944$5,168,008
72$7,749,206$2,577,152$1,766,295$5,531,428
73$8,449,115$2,612,922$1,734,956$5,928,353
74$9,217,564$2,647,594$1,699,716$6,362,157
75$10,061,453$2,681,024$1,660,354$6,836,559
76$10,988,386$2,713,059$1,616,640$7,355,658
77$12,006,737$2,743,534$1,568,333$7,923,976
78$13,125,732$2,772,275$1,515,180$8,546,496
79$14,355,535$2,799,095$1,456,917$9,228,712
80$15,707,344$2,823,795$1,393,268$9,976,681
81$17,193,495$2,846,162$1,323,944$10,797,082
82$18,827,579$2,865,972$1,248,644$11,697,276
83$20,624,571$2,882,984$1,167,053$12,685,381
84$22,600,969$2,896,941$1,078,840$13,770,344
85$24,774,948$2,907,572$983,662$14,962,032
86$27,166,537$2,914,588$881,160$16,271,320
87$29,797,802$2,917,680$770,956$17,710,198
88$32,693,054$2,916,523$652,659$19,291,884
89$35,879,082$2,910,769$525,860$21,030,952
90$39,385,402$2,900,050$390,129$22,943,464
91$43,244,536$2,883,975$245,022$25,047,130
92$47,492,319$2,862,131$90,071$27,361,474
93$52,168,236$2,834,076$0$29,908,016
94$57,315,796$2,799,345$0$32,719,319
95$62,982,938$2,757,444$0$35,824,554
96$69,222,488$2,707,849$0$39,242,031
97$76,092,654$2,650,006$0$43,003,596
98$83,657,575$2,583,327$0$47,144,349
99$91,987,928$2,507,190$0$51,702,978
100$101,161,591$2,420,936$0$56,722,124