Can I retire at age 55 with 435,000?

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 $435,000?

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$35,922$35,602$35,290$34,985$34,688$34,071
2 years$17,783$17,452$17,131$16,820$16,518$15,899
3 years$11,738$11,405$11,085$10,777$10,480$9,877
4 years$8,716$8,384$8,067$7,764$7,474$6,893
5 years$6,903$6,573$6,260$5,963$5,682$5,124
6 years$5,695$5,367$5,059$4,769$4,496$3,962
7 years$4,832$4,508$4,204$3,921$3,656$3,146
8 years$4,185$3,864$3,566$3,289$3,033$2,547
9 years$3,683$3,364$3,071$2,802$2,554$2,091
10 years$3,281$2,965$2,677$2,415$2,176$1,736
11 years$2,952$2,640$2,357$2,102$1,872$1,454
12 years$2,678$2,369$2,092$1,844$1,622$1,227
13 years$2,447$2,141$1,869$1,628$1,415$1,040
14 years$2,249$1,946$1,679$1,445$1,240$886
15 years$2,077$1,778$1,516$1,288$1,092$758
16 years$1,927$1,631$1,375$1,154$965$651
17 years$1,795$1,502$1,251$1,037$856$560
18 years$1,678$1,388$1,142$934$761$483
19 years$1,573$1,287$1,045$844$678$417
20 years$1,478$1,196$959$765$606$361
21 years$1,393$1,114$882$694$542$313
22 years$1,316$1,040$813$631$486$272
23 years$1,245$972$751$575$436$236
24 years$1,181$911$694$524$392$205
25 years$1,121$855$643$479$353$179
26 years$1,067$803$597$438$318$156
27 years$1,016$756$554$401$286$136
28 years$970$713$515$367$258$118
29 years$926$672$479$337$233$103
30 years$885$635$446$309$211$90
31 years$848$600$416$284$191$79
32 years$812$568$388$261$172$69
33 years$779$538$363$240$156$60
34 years$748$510$339$221$141$52
35 years$719$483$317$203$128$46
36 years$691$459$296$187$116$40
37 years$665$436$277$172$105$35
38 years$640$414$260$159$95$31
39 years$617$394$243$146$86$27
40 years$595$375$228$135$78$23
41 years$574$357$214$125$71$20
42 years$554$340$201$115$65$18
43 years$535$324$188$106$59$16
44 years$517$308$177$98$53$14
45 years$500$294$166$91$48$12
46 years$483$281$156$84$44$10
47 years$468$268$146$77$40$9
48 years$453$256$138$71$36$8
49 years$438$244$129$66$33$7
50 years$425$233$122$61$30$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $435,000, adding $5,924 every year, while hoping to spend $27,369 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: 39/36/25 Blend
54$435,000$435,000$435,000$435,000
55$485,481$462,426$455,683$500,615
56$505,879$455,964$441,828$505,680
57$527,441$448,269$426,592$508,165
58$550,256$439,250$409,899$510,314
59$574,423$428,813$391,670$512,113
60$600,047$416,858$371,825$513,550
61$627,247$403,279$350,276$514,612
62$656,150$387,964$326,934$515,290
63$686,896$370,793$301,705$515,574
64$719,639$351,641$274,491$515,457
65$754,545$330,375$245,190$514,935
66$791,800$306,854$213,695$514,006
67$831,603$280,930$179,894$512,672
68$874,177$252,446$143,670$510,938
69$919,762$221,235$104,902$508,814
70$968,624$187,121$63,462$506,314
71$1,021,053$149,920$19,219$503,461
72$1,077,370$109,436$0$500,280
73$1,137,925$65,461$0$504,277
74$1,203,102$17,777$0$513,982
75$1,273,324$0$0$524,358
76$1,349,055$0$0$548,921
77$1,430,805$0$0$583,083
78$1,519,134$0$0$620,041
79$1,614,658$0$0$660,061
80$1,718,054$0$0$703,431
81$1,830,064$0$0$750,470
82$1,951,508$0$0$801,528
83$2,083,285$0$0$856,992
84$2,226,384$0$0$917,284
85$2,381,893$0$0$982,872
86$2,551,009$0$0$1,054,269
87$2,735,049$0$0$1,132,040
88$2,935,462$0$0$1,216,805
89$3,153,842$0$0$1,309,250
90$3,391,945$0$0$1,410,126
91$3,651,701$0$0$1,520,262
92$3,935,236$0$0$1,640,571
93$4,244,890$0$0$1,772,057
94$4,583,238$0$0$1,915,824
95$4,953,118$0$0$2,073,092
96$5,357,651$0$0$2,245,198
97$5,800,274$0$0$2,433,620
98$6,284,773$0$0$2,639,983
99$6,815,317$0$0$2,866,076
100$7,396,496$0$0$3,113,870