Can I retire at age 55 with 465,000?

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 $465,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$38,399$38,057$37,724$37,398$37,080$35,835
2 years$19,010$18,656$18,312$17,980$17,657$16,416
3 years$12,547$12,192$11,849$11,520$11,202$10,003
4 years$9,317$8,962$8,623$8,299$7,990$6,841
5 years$7,379$7,026$6,692$6,375$6,074$4,979
6 years$6,087$5,738$5,408$5,098$4,806$3,767
7 years$5,165$4,818$4,494$4,191$3,908$2,924
8 years$4,474$4,130$3,811$3,516$3,242$2,312
9 years$3,937$3,596$3,283$2,995$2,731$1,854
10 years$3,507$3,170$2,862$2,582$2,327$1,501
11 years$3,156$2,822$2,520$2,247$2,001$1,226
12 years$2,863$2,533$2,236$1,971$1,734$1,007
13 years$2,616$2,289$1,998$1,740$1,512$831
14 years$2,404$2,081$1,795$1,544$1,325$689
15 years$2,220$1,901$1,621$1,377$1,167$573
16 years$2,060$1,744$1,469$1,233$1,031$478
17 years$1,919$1,606$1,337$1,108$915$400
18 years$1,793$1,484$1,221$999$813$335
19 years$1,681$1,375$1,117$902$725$281
20 years$1,580$1,278$1,025$817$647$236
21 years$1,489$1,190$943$742$579$198
22 years$1,407$1,111$869$674$519$167
23 years$1,331$1,039$803$614$466$140
24 years$1,262$974$742$560$419$118
25 years$1,199$914$688$512$377$100
26 years$1,140$859$638$468$340$84
27 years$1,086$808$592$428$306$71
28 years$1,036$762$550$392$276$60
29 years$990$719$512$360$249$51
30 years$947$679$477$330$225$43
31 years$906$641$445$303$204$36
32 years$868$607$415$279$184$30
33 years$833$575$388$256$167$26
34 years$799$545$362$236$151$22
35 years$768$517$339$217$137$18
36 years$739$490$317$200$124$16
37 years$711$466$296$184$112$13
38 years$684$443$278$170$102$11
39 years$659$421$260$157$92$9
40 years$636$400$244$144$84$8
41 years$613$381$229$133$76$7
42 years$592$363$214$123$69$6
43 years$572$346$201$113$63$5
44 years$552$330$189$105$57$4
45 years$534$314$177$97$52$3
46 years$517$300$167$89$47$3
47 years$500$286$156$83$43$2
48 years$484$273$147$76$39$2
49 years$469$261$138$71$35$2
50 years$454$249$130$65$32$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $465,000, adding $5,961 every year, while hoping to spend $24,205 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: 79/8/13 Blend
54$465,000$465,000$465,000$465,000
55$518,579$493,934$486,726$557,763
56$545,720$492,383$477,278$582,827
57$574,818$489,944$466,701$606,605
58$606,048$486,549$454,934$632,002
59$639,599$482,125$441,909$659,166
60$675,683$476,594$427,557$688,267
61$714,529$469,873$411,807$719,487
62$756,389$461,876$394,581$753,028
63$801,543$452,509$375,801$789,116
64$850,294$441,676$355,384$827,995
65$902,978$429,272$333,243$869,937
66$959,963$415,188$309,288$915,242
67$1,021,654$399,307$283,425$964,240
68$1,088,497$381,507$255,554$1,017,295
69$1,160,981$361,658$225,572$1,074,809
70$1,239,644$339,623$193,372$1,137,224
71$1,325,079$315,255$158,841$1,205,028
72$1,417,936$288,401$121,861$1,278,760
73$1,518,932$258,899$82,309$1,359,014
74$1,628,855$226,578$40,059$1,446,444
75$1,748,572$191,254$0$1,541,772
76$1,879,038$152,737$0$1,646,492
77$2,021,304$110,825$0$1,766,759
78$2,176,524$65,303$0$1,898,000
79$2,345,972$15,945$0$2,041,303
80$2,531,048$0$0$2,197,867
81$2,733,293$0$0$2,372,313
82$2,954,407$0$0$2,564,582
83$3,196,257$0$0$2,774,897
84$3,460,902$0$0$3,005,049
85$3,750,607$0$0$3,257,010
86$4,067,867$0$0$3,532,953
87$4,415,432$0$0$3,835,269
88$4,796,326$0$0$4,166,593
89$5,213,883$0$0$4,529,827
90$5,671,773$0$0$4,928,164
91$6,174,039$0$0$5,365,126
92$6,725,134$0$0$5,844,588
93$7,329,963$0$0$6,370,819
94$7,993,930$0$0$6,948,524
95$8,722,984$0$0$7,582,883
96$9,523,683$0$0$8,279,603
97$10,403,248$0$0$9,044,972
98$11,369,635$0$0$9,885,915
99$12,431,609$0$0$10,810,062
100$13,598,827$0$0$11,825,820