Can I retire at age 55 with 2,100,000?

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 $2,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$173,416$171,871$170,364$168,893$167,457$162,032
2 years$85,850$84,251$82,701$81,199$79,741$74,326
3 years$56,665$55,059$53,513$52,025$50,591$45,357
4 years$42,075$40,474$38,944$37,481$36,082$31,068
5 years$33,323$31,732$30,222$28,789$27,429$22,648
6 years$27,491$25,912$24,424$23,023$21,704$17,161
7 years$23,327$21,761$20,296$18,928$17,651$13,345
8 years$20,205$18,653$17,213$15,878$14,643$10,572
9 years$17,778$16,241$14,825$13,525$12,332$8,490
10 years$15,837$14,315$12,925$11,659$10,507$6,889
11 years$14,251$12,744$11,379$10,146$9,037$5,635
12 years$12,930$11,438$10,099$8,900$7,831$4,639
13 years$11,813$10,337$9,023$7,857$6,829$3,838
14 years$10,856$9,396$8,107$6,975$5,986$3,188
15 years$10,028$8,583$7,319$6,220$5,271$2,658
16 years$9,304$7,875$6,636$5,570$4,658$2,221
17 years$8,666$7,253$6,039$5,004$4,130$1,861
18 years$8,099$6,702$5,512$4,510$3,672$1,562
19 years$7,592$6,211$5,046$4,075$3,273$1,313
20 years$7,137$5,772$4,631$3,691$2,924$1,105
21 years$6,726$5,376$4,260$3,350$2,616$931
22 years$6,352$5,018$3,926$3,045$2,345$785
23 years$6,012$4,694$3,625$2,774$2,105$663
24 years$5,700$4,398$3,353$2,530$1,892$560
25 years$5,414$4,127$3,105$2,310$1,703$473
26 years$5,150$3,879$2,880$2,112$1,534$400
27 years$4,906$3,650$2,674$1,934$1,383$338
28 years$4,680$3,440$2,486$1,772$1,248$286
29 years$4,470$3,245$2,313$1,625$1,127$242
30 years$4,275$3,064$2,155$1,491$1,018$205
31 years$4,092$2,897$2,009$1,369$920$173
32 years$3,921$2,741$1,874$1,258$833$147
33 years$3,761$2,596$1,750$1,157$753$124
34 years$3,610$2,460$1,635$1,065$682$105
35 years$3,469$2,334$1,529$980$618$89
36 years$3,335$2,215$1,430$903$560$76
37 years$3,209$2,104$1,339$832$507$64
38 years$3,090$1,999$1,254$767$460$54
39 years$2,978$1,901$1,174$707$417$46
40 years$2,871$1,809$1,101$652$378$39
41 years$2,770$1,722$1,032$602$343$33
42 years$2,674$1,640$968$555$311$28
43 years$2,582$1,562$909$512$283$24
44 years$2,495$1,489$853$473$257$20
45 years$2,412$1,420$801$437$233$17
46 years$2,333$1,355$752$404$211$14
47 years$2,258$1,293$707$373$192$12
48 years$2,185$1,234$664$345$174$10
49 years$2,116$1,179$624$318$158$9
50 years$2,050$1,126$587$294$144$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $2,100,000, adding $6,172 every year, while hoping to spend $46,880 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: 29/41/30 Blend
54$2,100,000$2,100,000$2,100,000$2,100,000
55$2,320,566$2,209,266$2,176,716$2,366,301
56$2,507,384$2,267,641$2,199,756$2,461,613
57$2,711,686$2,327,304$2,221,997$2,559,554
58$2,935,206$2,388,270$2,243,362$2,663,928
59$3,179,854$2,450,551$2,263,771$2,775,327
60$3,447,731$2,514,160$2,283,139$2,894,401
61$3,741,152$2,579,107$2,301,378$3,021,866
62$4,062,668$2,645,402$2,318,392$3,158,514
63$4,415,086$2,713,052$2,334,084$3,305,214
64$4,801,499$2,782,066$2,348,350$3,462,925
65$5,225,312$2,852,447$2,361,079$3,632,705
66$5,690,276$2,924,200$2,372,158$3,815,717
67$6,200,525$2,997,326$2,381,466$4,013,247
68$6,760,609$3,071,825$2,388,875$4,226,709
69$7,375,542$3,147,695$2,394,253$4,457,664
70$8,050,846$3,224,931$2,397,460$4,707,831
71$8,792,606$3,303,527$2,398,349$4,979,106
72$9,607,523$3,383,471$2,396,765$5,273,579
73$10,502,982$3,464,752$2,392,548$5,593,554
74$11,487,115$3,547,354$2,385,527$5,941,572
75$12,568,884$3,631,257$2,375,525$6,320,433
76$13,758,160$3,716,440$2,362,356$6,733,224
77$15,065,822$3,802,874$2,345,824$7,183,350
78$16,503,851$3,890,531$2,325,725$7,674,563
79$18,085,451$3,979,373$2,301,843$8,211,003
80$19,825,167$4,069,363$2,273,955$8,797,230
81$21,739,027$4,160,455$2,241,826$9,438,275
82$23,844,689$4,252,598$2,205,208$10,139,682
83$26,161,610$4,345,738$2,163,845$10,907,568
84$28,711,226$4,439,811$2,117,466$11,748,671
85$31,517,159$4,534,750$2,065,789$12,670,424
86$34,605,435$4,630,478$2,008,518$13,681,021
87$38,004,730$4,726,913$1,945,345$14,789,495
88$41,746,645$4,823,964$1,875,946$16,005,805
89$45,865,996$4,921,531$1,799,983$17,340,931
90$50,401,148$5,019,507$1,717,104$18,806,977
91$55,394,376$5,117,773$1,626,937$20,417,290
92$60,892,261$5,216,203$1,529,098$22,186,580
93$66,946,131$5,314,656$1,423,182$24,131,067
94$73,612,546$5,412,984$1,308,769$26,268,632
95$80,953,830$5,511,024$1,185,416$28,618,985
96$89,038,658$5,608,602$1,052,665$31,203,856
97$97,942,706$5,705,528$910,034$34,047,200
98$107,749,363$5,801,599$757,021$37,175,424
99$118,550,518$5,896,599$593,102$40,617,638
100$130,447,430$5,990,290$417,729$44,405,930