Can I retire at age 55 with 1,900,000?

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 $1,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$156,900$155,503$154,139$152,808$151,509$149,989
2 years$77,673$76,227$74,825$73,465$72,147$70,616
3 years$51,268$49,815$48,417$47,070$45,773$44,279
4 years$38,068$36,619$35,235$33,911$32,646$31,200
5 years$30,150$28,710$27,344$26,047$24,817$23,423
6 years$24,873$23,444$22,098$20,830$19,637$18,297
7 years$21,105$19,688$18,363$17,126$15,970$14,685
8 years$18,280$16,876$15,574$14,366$13,249$12,018
9 years$16,085$14,694$13,414$12,237$11,157$9,980
10 years$14,329$12,952$11,694$10,548$9,506$8,383
11 years$12,894$11,530$10,295$9,180$8,176$7,105
12 years$11,698$10,349$9,137$8,052$7,085$6,066
13 years$10,688$9,353$8,163$7,109$6,178$5,209
14 years$9,822$8,501$7,335$6,310$5,416$4,495
15 years$9,073$7,766$6,622$5,628$4,769$3,896
16 years$8,418$7,125$6,004$5,039$4,214$3,388
17 years$7,840$6,562$5,463$4,528$3,737$2,954
18 years$7,328$6,064$4,987$4,080$3,323$2,583
19 years$6,869$5,620$4,566$3,687$2,962$2,264
20 years$6,457$5,222$4,190$3,339$2,645$1,987
21 years$6,085$4,864$3,854$3,031$2,367$1,747
22 years$5,747$4,540$3,552$2,755$2,122$1,539
23 years$5,439$4,247$3,280$2,509$1,905$1,357
24 years$5,157$3,979$3,033$2,289$1,712$1,197
25 years$4,898$3,734$2,809$2,090$1,541$1,058
26 years$4,660$3,509$2,606$1,911$1,388$935
27 years$4,439$3,303$2,420$1,749$1,251$827
28 years$4,235$3,112$2,249$1,603$1,129$732
29 years$4,045$2,936$2,093$1,470$1,019$649
30 years$3,868$2,773$1,950$1,349$921$575
31 years$3,702$2,621$1,818$1,239$833$510
32 years$3,548$2,480$1,696$1,139$753$452
33 years$3,403$2,349$1,583$1,047$682$401
34 years$3,266$2,226$1,479$963$617$356
35 years$3,138$2,111$1,383$887$559$316
36 years$3,018$2,004$1,294$817$507$281
37 years$2,904$1,903$1,211$752$459$249
38 years$2,796$1,809$1,134$694$416$222
39 years$2,694$1,720$1,063$640$377$197
40 years$2,598$1,636$996$590$342$175
41 years$2,506$1,558$934$544$311$155
42 years$2,419$1,484$876$502$282$138
43 years$2,336$1,414$822$464$256$123
44 years$2,257$1,347$772$428$232$109
45 years$2,182$1,285$725$395$211$97
46 years$2,111$1,226$681$365$191$86
47 years$2,043$1,170$639$337$174$77
48 years$1,977$1,117$601$312$158$68
49 years$1,915$1,066$565$288$143$61
50 years$1,855$1,019$531$266$130$54

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $1,900,000, adding $4,941 every year, while hoping to spend $45,966 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: 50/25/25 Blend
54$1,900,000$1,900,000$1,900,000$1,900,000
55$2,098,897$1,998,197$1,968,747$2,188,829
56$2,264,077$2,047,201$1,985,792$2,300,967
57$2,444,564$2,097,066$2,001,868$2,417,756
58$2,641,873$2,147,785$2,016,894$2,543,770
59$2,857,667$2,199,350$2,030,783$2,679,902
60$3,093,782$2,251,751$2,043,447$2,827,137
61$3,352,237$2,304,975$2,054,792$2,986,560
62$3,635,255$2,359,009$2,064,717$3,159,366
63$3,945,285$2,413,834$2,073,119$3,346,875
64$4,285,024$2,469,432$2,079,888$3,550,538
65$4,657,442$2,525,780$2,084,910$3,771,956
66$5,065,810$2,582,852$2,088,064$4,012,895
67$5,513,731$2,640,620$2,089,222$4,275,298
68$6,005,173$2,699,052$2,088,252$4,561,311
69$6,544,507$2,758,111$2,085,015$4,873,296
70$7,136,547$2,817,759$2,079,363$5,213,858
71$7,786,597$2,877,952$2,071,144$5,585,868
72$8,500,499$2,938,640$2,060,196$5,992,490
73$9,284,688$2,999,772$2,046,352$6,437,215
74$10,146,255$3,061,290$2,029,433$6,923,886
75$11,093,009$3,123,129$2,009,255$7,456,745
76$12,133,555$3,185,221$1,985,624$8,040,462
77$13,277,372$3,247,492$1,958,337$8,680,191
78$14,534,903$3,309,858$1,927,181$9,381,608
79$15,917,655$3,372,233$1,891,933$10,150,973
80$17,438,303$3,434,520$1,852,360$10,995,185
81$19,110,815$3,496,616$1,808,219$11,921,851
82$20,950,577$3,558,409$1,759,253$12,939,354
83$22,974,545$3,619,780$1,705,197$14,056,935
84$25,201,398$3,680,599$1,645,771$15,284,781
85$27,651,719$3,740,727$1,580,682$16,634,122
86$30,348,185$3,800,014$1,509,627$18,117,336
87$33,315,785$3,858,299$1,432,284$19,748,065
88$36,582,051$3,915,412$1,348,321$21,541,350
89$40,177,320$3,971,166$1,257,390$23,513,768
90$44,135,019$4,025,366$1,159,124$25,683,592
91$48,491,981$4,077,799$1,053,145$28,070,963
92$53,288,791$4,128,239$939,054$30,698,082
93$58,570,172$4,176,446$816,436$33,589,420
94$64,385,399$4,222,162$684,856$36,771,950
95$70,788,773$4,265,112$543,863$40,275,402
96$77,840,128$4,305,002$392,982$44,132,546
97$85,605,394$4,341,520$231,720$48,379,500
98$94,157,223$4,374,333$59,561$53,056,074
99$103,575,670$4,403,087$0$58,206,150
100$113,948,954$4,427,403$0$63,911,209