Can I retire at age 55 with 2,510,000?

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 $2,510,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$207,273$205,427$203,626$201,868$200,151$194,996
2 years$102,611$100,700$98,848$97,052$95,310$90,151
3 years$67,728$65,808$63,961$62,182$60,469$55,466
4 years$50,289$48,376$46,547$44,799$43,127$38,320
5 years$39,829$37,927$36,122$34,410$32,784$28,187
6 years$32,858$30,971$29,192$27,518$25,941$21,557
7 years$27,881$26,009$24,259$22,624$21,097$16,927
8 years$24,149$22,295$20,574$18,979$17,502$13,543
9 years$21,249$19,411$17,720$16,166$14,739$10,989
10 years$18,930$17,110$15,449$13,935$12,559$9,012
11 years$17,033$15,232$13,601$12,127$10,801$7,453
12 years$15,454$13,672$12,070$10,637$9,360$6,204
13 years$14,119$12,355$10,784$9,391$8,162$5,193
14 years$12,976$11,230$9,690$8,337$7,155$4,365
15 years$11,986$10,259$8,748$7,435$6,300$3,682
16 years$11,120$9,413$7,932$6,657$5,568$3,116
17 years$10,357$8,669$7,217$5,981$4,937$2,643
18 years$9,680$8,010$6,589$5,390$4,389$2,246
19 years$9,075$7,424$6,032$4,871$3,912$1,912
20 years$8,531$6,899$5,535$4,411$3,495$1,631
21 years$8,039$6,426$5,092$4,003$3,127$1,392
22 years$7,593$5,998$4,693$3,640$2,803$1,190
23 years$7,186$5,610$4,333$3,315$2,516$1,018
24 years$6,813$5,256$4,007$3,024$2,262$871
25 years$6,471$4,933$3,711$2,761$2,035$746
26 years$6,156$4,636$3,442$2,525$1,833$639
27 years$5,864$4,363$3,196$2,311$1,653$548
28 years$5,594$4,111$2,971$2,117$1,491$470
29 years$5,343$3,878$2,765$1,942$1,347$404
30 years$5,109$3,663$2,576$1,782$1,217$346
31 years$4,891$3,463$2,401$1,637$1,100$297
32 years$4,687$3,276$2,240$1,504$995$255
33 years$4,495$3,103$2,092$1,383$901$219
34 years$4,315$2,941$1,954$1,273$815$188
35 years$4,146$2,789$1,827$1,171$738$162
36 years$3,986$2,647$1,709$1,079$669$139
37 years$3,836$2,514$1,600$994$606$120
38 years$3,694$2,390$1,498$916$550$103
39 years$3,559$2,272$1,404$845$499$88
40 years$3,432$2,162$1,316$779$452$76
41 years$3,311$2,058$1,234$719$410$65
42 years$3,196$1,960$1,157$664$372$56
43 years$3,086$1,867$1,086$612$338$48
44 years$2,982$1,780$1,019$566$307$41
45 years$2,883$1,697$957$522$278$36
46 years$2,789$1,619$899$482$253$31
47 years$2,698$1,545$845$446$230$26
48 years$2,612$1,475$794$412$208$23
49 years$2,530$1,409$746$381$189$19
50 years$2,451$1,346$701$352$172$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $2,510,000, adding $5,637 every year, while hoping to spend $56,862 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: 39/44/17 Blend
54$2,510,000$2,510,000$2,510,000$2,510,000
55$2,771,835$2,638,805$2,599,900$2,865,645
56$2,994,061$2,707,605$2,626,495$3,002,028
57$3,237,049$2,777,871$2,652,077$3,143,513
58$3,502,855$2,849,615$2,676,549$3,295,297
59$3,793,747$2,922,846$2,699,813$3,458,340
60$4,112,217$2,997,574$2,721,765$3,633,701
61$4,461,014$3,073,806$2,742,295$3,822,544
62$4,843,163$3,151,548$2,761,288$4,026,152
63$5,261,995$3,230,803$2,778,621$4,245,939
64$5,721,181$3,311,575$2,794,166$4,483,458
65$6,224,761$3,393,861$2,807,791$4,740,425
66$6,777,187$3,477,661$2,819,352$5,018,725
67$7,383,361$3,562,968$2,828,702$5,320,438
68$8,048,685$3,649,774$2,835,684$5,647,853
69$8,779,107$3,738,069$2,840,135$6,003,495
70$9,581,179$3,827,838$2,841,883$6,390,142
71$10,462,121$3,919,063$2,840,748$6,810,857
72$11,429,885$4,011,725$2,836,540$7,269,015
73$12,493,230$4,105,796$2,829,061$7,768,335
74$13,661,807$4,201,248$2,818,102$8,312,914
75$14,946,249$4,298,046$2,803,446$8,907,268
76$16,358,268$4,396,152$2,784,864$9,556,372
77$17,910,770$4,495,522$2,762,115$10,265,712
78$19,617,971$4,596,106$2,734,948$11,041,331
79$21,495,536$4,697,847$2,703,102$11,889,888
80$23,560,724$4,800,685$2,666,299$12,818,725
81$25,832,550$4,904,550$2,624,251$13,835,931
82$28,331,963$5,009,366$2,576,657$14,950,424
83$31,082,048$5,115,050$2,523,200$16,172,029
84$34,108,239$5,221,509$2,463,549$17,511,577
85$37,438,560$5,328,644$2,397,358$18,981,006
86$41,103,889$5,436,343$2,324,265$20,593,473
87$45,138,249$5,544,487$2,243,892$22,363,478
88$49,579,129$5,652,946$2,155,841$24,307,004
89$54,467,838$5,761,578$2,059,699$26,441,666
90$59,849,891$5,870,229$1,955,033$28,786,881
91$65,775,444$5,978,734$1,841,391$31,364,046
92$72,299,760$6,086,913$1,718,298$34,196,750
93$79,483,736$6,194,572$1,585,261$37,310,986
94$87,394,473$6,301,503$1,441,764$40,735,408
95$96,105,913$6,407,480$1,287,267$44,501,596
96$105,699,531$6,512,262$1,121,205$48,644,357
97$116,265,110$6,615,588$942,992$53,202,053
98$127,901,580$6,717,181$752,011$58,216,968
99$140,717,959$6,816,741$547,622$63,735,704
100$154,834,377$6,913,948$329,153$69,809,626