Can I retire at age 55 with 2,660,000?

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 $2,660,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$219,660$217,704$215,795$213,932$212,112$204,505
2 years$108,743$106,717$104,755$102,852$101,006$93,424
3 years$71,775$69,741$67,783$65,898$64,082$56,764
4 years$53,295$51,267$49,329$47,476$45,704$38,705
5 years$42,210$40,194$38,281$36,466$34,743$28,083
6 years$34,822$32,821$30,937$29,162$27,491$21,173
7 years$29,547$27,563$25,709$23,976$22,358$16,381
8 years$25,593$23,627$21,803$20,113$18,548$12,908
9 years$22,519$20,571$18,779$17,132$15,620$10,309
10 years$20,061$18,133$16,372$14,768$13,309$8,317
11 years$18,051$16,143$14,414$12,852$11,446$6,764
12 years$16,378$14,489$12,792$11,273$9,919$5,535
13 years$14,963$13,094$11,429$9,952$8,650$4,551
14 years$13,751$11,902$10,269$8,835$7,582$3,758
15 years$12,702$10,872$9,271$7,879$6,676$3,112
16 years$11,785$9,975$8,406$7,055$5,900$2,584
17 years$10,976$9,187$7,649$6,339$5,232$2,151
18 years$10,259$8,489$6,982$5,712$4,652$1,793
19 years$9,617$7,868$6,392$5,162$4,146$1,497
20 years$9,040$7,311$5,866$4,675$3,703$1,251
21 years$8,519$6,810$5,396$4,243$3,314$1,047
22 years$8,046$6,357$4,973$3,858$2,971$877
23 years$7,615$5,945$4,592$3,513$2,667$735
24 years$7,220$5,570$4,247$3,204$2,397$616
25 years$6,858$5,227$3,933$2,926$2,157$517
26 years$6,524$4,913$3,648$2,676$1,943$434
27 years$6,215$4,624$3,387$2,449$1,752$364
28 years$5,929$4,357$3,149$2,244$1,580$306
29 years$5,662$4,110$2,930$2,058$1,427$257
30 years$5,415$3,882$2,730$1,888$1,289$216
31 years$5,183$3,669$2,545$1,734$1,166$181
32 years$4,967$3,472$2,374$1,594$1,055$152
33 years$4,764$3,288$2,217$1,466$954$128
34 years$4,573$3,116$2,071$1,349$864$108
35 years$4,394$2,956$1,937$1,242$783$91
36 years$4,225$2,806$1,812$1,143$709$76
37 years$4,065$2,665$1,696$1,053$643$64
38 years$3,914$2,532$1,588$971$583$54
39 years$3,772$2,408$1,488$895$528$45
40 years$3,637$2,291$1,394$826$479$38
41 years$3,508$2,181$1,307$762$435$32
42 years$3,387$2,077$1,226$703$395$27
43 years$3,271$1,979$1,151$649$358$23
44 years$3,160$1,886$1,080$599$325$19
45 years$3,055$1,799$1,014$554$295$16
46 years$2,955$1,716$953$511$268$13
47 years$2,860$1,638$895$472$243$11
48 years$2,768$1,563$841$436$221$10
49 years$2,681$1,493$791$403$201$8
50 years$2,597$1,426$743$373$182$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $2,660,000, adding $2,667 every year, while hoping to spend $54,334 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: 70/17/13 Blend
54$2,660,000$2,660,000$2,660,000$2,660,000
55$2,934,071$2,793,091$2,751,861$3,130,929
56$3,175,535$2,872,142$2,786,237$3,341,003
57$3,439,808$2,953,244$2,819,944$3,564,008
58$3,729,158$3,036,443$2,852,902$3,806,635
59$4,046,084$3,121,781$2,885,026$4,070,809
60$4,393,338$3,209,301$2,916,228$4,358,649
61$4,773,950$3,299,049$2,946,414$4,672,486
62$5,191,259$3,391,068$2,975,484$5,014,892
63$5,648,939$3,485,402$3,003,334$5,388,696
64$6,151,040$3,582,096$3,029,855$5,797,013
65$6,702,021$3,681,194$3,054,931$6,243,278
66$7,306,795$3,782,740$3,078,439$6,731,270
67$7,970,773$3,886,780$3,100,251$7,265,156
68$8,699,916$3,993,355$3,120,233$7,849,522
69$9,500,788$4,102,511$3,138,242$8,489,422
70$10,380,625$4,214,290$3,154,129$9,190,425
71$11,347,393$4,328,735$3,167,737$9,958,664
72$12,409,872$4,445,888$3,178,902$10,800,896
73$13,577,733$4,565,790$3,187,449$11,724,566
74$14,861,630$4,688,482$3,193,197$12,737,876
75$16,273,303$4,814,004$3,195,955$13,849,862
76$17,825,683$4,942,394$3,195,523$15,070,482
77$19,533,020$5,073,688$3,191,690$16,410,706
78$21,411,012$5,207,923$3,184,236$17,882,619
79$23,476,957$5,345,133$3,172,930$19,499,542
80$25,749,912$5,485,350$3,157,528$21,276,147
81$28,250,875$5,628,604$3,137,777$23,228,605
82$31,002,982$5,774,923$3,113,411$25,374,732
83$34,031,725$5,924,334$3,084,149$27,734,161
84$37,365,193$6,076,858$3,049,700$30,328,523
85$41,034,335$6,232,516$3,009,757$33,181,656
86$45,073,253$6,391,325$2,964,000$36,319,826
87$49,519,523$6,553,299$2,912,092$39,771,978
88$54,414,550$6,718,446$2,853,683$43,570,006
89$59,803,957$6,886,773$2,788,404$47,749,054
90$65,738,016$7,058,279$2,715,871$52,347,853
91$72,272,121$7,232,963$2,635,680$57,409,078
92$79,467,314$7,410,814$2,547,411$62,979,760
93$87,390,854$7,591,818$2,450,623$69,111,721
94$96,116,858$7,775,954$2,344,857$75,862,070
95$105,726,997$7,963,195$2,229,629$83,293,738
96$116,311,266$8,153,507$2,104,437$91,476,074
97$127,968,834$8,346,848$1,968,754$100,485,501
98$140,808,979$8,543,168$1,822,032$110,406,232
99$154,952,120$8,742,408$1,663,695$121,331,071
100$170,530,951$8,944,501$1,493,143$133,362,287