Can I retire at age 55 with 425,000?

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 $425,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$35,096$34,783$34,478$34,181$33,890$33,288
2 years$17,374$17,051$16,737$16,433$16,138$15,533
3 years$11,468$11,143$10,830$10,529$10,239$9,650
4 years$8,515$8,191$7,881$7,585$7,302$6,735
5 years$6,744$6,422$6,116$5,826$5,551$5,006
6 years$5,564$5,244$4,943$4,659$4,392$3,870
7 years$4,721$4,404$4,108$3,831$3,572$3,074
8 years$4,089$3,775$3,484$3,213$2,963$2,488
9 years$3,598$3,287$3,000$2,737$2,496$2,043
10 years$3,205$2,897$2,616$2,359$2,126$1,696
11 years$2,884$2,579$2,303$2,053$1,829$1,421
12 years$2,617$2,315$2,044$1,801$1,585$1,198
13 years$2,391$2,092$1,826$1,590$1,382$1,016
14 years$2,197$1,902$1,641$1,412$1,211$866
15 years$2,029$1,737$1,481$1,259$1,067$741
16 years$1,883$1,594$1,343$1,127$943$636
17 years$1,754$1,468$1,222$1,013$836$547
18 years$1,639$1,356$1,116$913$743$472
19 years$1,537$1,257$1,021$825$662$408
20 years$1,444$1,168$937$747$592$353
21 years$1,361$1,088$862$678$530$306
22 years$1,286$1,016$795$616$475$266
23 years$1,217$950$734$561$426$231
24 years$1,154$890$679$512$383$201
25 years$1,096$835$628$468$345$175
26 years$1,042$785$583$428$310$152
27 years$993$739$541$391$280$133
28 years$947$696$503$359$253$116
29 years$905$657$468$329$228$101
30 years$865$620$436$302$206$88
31 years$828$586$407$277$186$77
32 years$794$555$379$255$168$67
33 years$761$525$354$234$152$59
34 years$731$498$331$215$138$51
35 years$702$472$309$198$125$45
36 years$675$448$289$183$113$39
37 years$650$426$271$168$103$34
38 years$625$405$254$155$93$30
39 years$603$385$238$143$84$26
40 years$581$366$223$132$77$23
41 years$561$348$209$122$69$20
42 years$541$332$196$112$63$17
43 years$523$316$184$104$57$15
44 years$505$301$173$96$52$13
45 years$488$287$162$88$47$12
46 years$472$274$152$82$43$10
47 years$457$262$143$75$39$9
48 years$442$250$134$70$35$8
49 years$428$239$126$64$32$7
50 years$415$228$119$60$29$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $425,000, adding $2,177 every year, while hoping to spend $26,773 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: 74/17/9 Blend
54$425,000$425,000$425,000$425,000
55$470,596$448,071$441,483$504,535
56$490,110$441,540$427,786$520,679
57$510,718$433,792$412,734$534,780
58$532,502$424,738$396,251$549,477
59$555,553$414,287$378,262$564,821
60$579,971$402,338$358,685$580,866
61$605,863$388,788$337,436$597,677
62$633,349$373,526$314,428$615,320
63$662,557$356,436$289,568$633,872
64$693,630$337,393$262,760$653,419
65$726,722$316,267$233,905$674,054
66$762,003$292,920$202,896$695,880
67$799,660$267,205$169,625$719,014
68$839,895$238,968$133,978$743,583
69$882,932$208,045$95,834$769,730
70$929,016$174,265$55,069$797,611
71$978,416$137,443$11,554$827,402
72$1,031,426$97,389$0$859,295
73$1,088,368$53,899$0$896,855
74$1,149,599$6,756$0$938,371
75$1,215,506$0$0$983,010
76$1,286,519$0$0$1,039,357
77$1,363,107$0$0$1,101,505
78$1,445,785$0$0$1,168,610
79$1,535,122$0$0$1,241,134
80$1,631,739$0$0$1,319,586
81$1,736,323$0$0$1,404,523
82$1,849,626$0$0$1,496,560
83$1,972,476$0$0$1,596,371
84$2,105,783$0$0$1,704,698
85$2,250,550$0$0$1,822,358
86$2,407,877$0$0$1,950,248
87$2,578,976$0$0$2,089,356
88$2,765,180$0$0$2,240,768
89$2,967,956$0$0$2,405,682
90$3,188,919$0$0$2,585,411
91$3,429,843$0$0$2,781,405
92$3,692,686$0$0$2,995,258
93$3,979,597$0$0$3,228,723
94$4,292,947$0$0$3,483,732
95$4,635,343$0$0$3,762,410
96$5,009,655$0$0$4,067,099
97$5,419,044$0$0$4,400,376
98$5,866,991$0$0$4,765,077
99$6,357,328$0$0$5,164,327
100$6,894,273$0$0$5,601,568