Can I retire at age 55 with 1,870,000?

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 $1,870,000?

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$154,423$153,047$151,705$150,395$149,116$147,131
2 years$76,447$75,023$73,643$72,306$71,008$69,011
3 years$50,458$49,028$47,652$46,327$45,050$43,104
4 years$37,467$36,041$34,679$33,376$32,130$30,249
5 years$29,674$28,257$26,912$25,636$24,425$22,615
6 years$24,480$23,074$21,749$20,501$19,327$17,589
7 years$20,772$19,377$18,073$16,855$15,718$14,054
8 years$17,992$16,610$15,328$14,139$13,039$11,449
9 years$15,831$14,462$13,202$12,044$10,981$9,463
10 years$14,103$12,747$11,510$10,382$9,356$7,911
11 years$12,690$11,348$10,133$9,035$8,047$6,671
12 years$11,514$10,186$8,993$7,925$6,973$5,666
13 years$10,519$9,205$8,034$6,997$6,081$4,841
14 years$9,667$8,367$7,219$6,211$5,330$4,156
15 years$8,930$7,643$6,518$5,539$4,693$3,582
16 years$8,285$7,013$5,909$4,960$4,148$3,097
17 years$7,716$6,458$5,377$4,456$3,678$2,686
18 years$7,212$5,968$4,909$4,016$3,270$2,335
19 years$6,761$5,531$4,494$3,629$2,915$2,035
20 years$6,356$5,140$4,124$3,286$2,604$1,776
21 years$5,989$4,787$3,793$2,983$2,330$1,552
22 years$5,657$4,469$3,496$2,712$2,088$1,358
23 years$5,354$4,180$3,228$2,470$1,875$1,190
24 years$5,076$3,916$2,985$2,253$1,685$1,044
25 years$4,821$3,675$2,765$2,057$1,516$917
26 years$4,586$3,454$2,564$1,881$1,366$805
27 years$4,369$3,251$2,381$1,722$1,231$708
28 years$4,168$3,063$2,214$1,577$1,111$623
29 years$3,981$2,890$2,060$1,447$1,003$548
30 years$3,807$2,729$1,919$1,328$907$483
31 years$3,644$2,580$1,789$1,219$820$425
32 years$3,492$2,441$1,669$1,121$741$375
33 years$3,349$2,312$1,558$1,030$671$330
34 years$3,215$2,191$1,456$948$607$291
35 years$3,089$2,078$1,361$873$550$257
36 years$2,970$1,972$1,274$804$499$226
37 years$2,858$1,873$1,192$741$452$200
38 years$2,752$1,780$1,116$683$410$176
39 years$2,652$1,693$1,046$629$371$156
40 years$2,557$1,611$980$581$337$137
41 years$2,466$1,533$919$536$306$121
42 years$2,381$1,460$862$494$277$107
43 years$2,299$1,391$809$456$252$94
44 years$2,222$1,326$759$421$228$83
45 years$2,148$1,265$713$389$207$74
46 years$2,078$1,206$670$359$188$65
47 years$2,010$1,151$629$332$171$57
48 years$1,946$1,099$591$307$155$51
49 years$1,885$1,049$556$284$141$45
50 years$1,826$1,002$523$262$128$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $1,870,000, adding $5,759 every year, while hoping to spend $58,535 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: 63/19/18 Blend
54$1,870,000$1,870,000$1,870,000$1,870,000
55$2,066,680$1,967,570$1,938,585$2,187,132
56$2,215,201$2,001,701$1,941,247$2,302,972
57$2,376,909$2,035,541$1,942,036$2,422,287
58$2,553,087$2,069,017$1,940,828$2,551,209
59$2,745,149$2,102,045$1,937,492$2,690,678
60$2,954,647$2,134,538$1,931,892$2,841,730
61$3,183,293$2,166,403$1,923,882$3,005,508
62$3,432,970$2,197,538$1,913,314$3,183,270
63$3,705,752$2,227,835$1,900,028$3,376,407
64$4,003,919$2,257,180$1,883,859$3,586,447
65$4,329,985$2,285,448$1,864,635$3,815,080
66$4,686,716$2,312,508$1,842,173$4,064,165
67$5,077,159$2,338,218$1,816,284$4,335,755
68$5,504,668$2,362,429$1,786,767$4,632,111
69$5,972,935$2,384,980$1,753,416$4,955,728
70$6,486,031$2,405,700$1,716,011$5,309,354
71$7,048,433$2,424,406$1,674,325$5,696,022
72$7,665,076$2,440,906$1,628,118$6,119,074
73$8,341,395$2,454,991$1,577,141$6,582,196
74$9,083,374$2,466,443$1,521,132$7,089,450
75$9,897,607$2,475,027$1,459,818$7,645,317
76$10,791,355$2,480,495$1,392,914$8,254,736
77$11,772,617$2,482,583$1,320,121$8,923,152
78$12,850,205$2,481,011$1,241,126$9,656,569
79$14,033,826$2,475,480$1,155,604$10,461,606
80$15,334,172$2,465,675$1,063,212$11,345,561
81$16,763,024$2,451,259$963,596$12,316,480
82$18,333,359$2,431,877$856,383$13,383,232
83$20,059,474$2,407,152$741,184$14,555,596
84$21,957,120$2,376,682$617,594$15,844,352
85$24,043,651$2,340,044$485,188$17,261,386
86$26,338,186$2,296,789$343,524$18,819,798
87$28,861,789$2,246,439$192,140$20,534,033
88$31,637,668$2,188,491$30,553$22,420,014
89$34,691,394$2,122,411$0$24,495,293
90$38,051,141$2,047,634$0$26,806,472
91$41,747,950$1,963,561$0$29,355,663
92$45,816,025$1,869,560$0$32,160,611
93$50,293,052$1,764,961$0$35,247,347
94$55,220,556$1,649,056$0$38,644,556
95$60,644,289$1,521,096$0$42,383,855
96$66,614,667$1,380,291$0$46,500,086
97$73,187,241$1,225,803$0$51,031,648
98$80,423,220$1,056,747$0$56,020,860
99$88,390,052$872,191$0$61,514,360
100$97,162,056$671,148$0$67,563,550