Can I retire at age 55 with 525,000?

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 $525,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$43,354$42,968$42,591$42,223$41,864$40,524
2 years$21,462$21,063$20,675$20,300$19,935$18,598
3 years$14,166$13,765$13,378$13,006$12,648$11,354
4 years$10,519$10,118$9,736$9,370$9,021$7,781
5 years$8,331$7,933$7,556$7,197$6,857$5,676
6 years$6,873$6,478$6,106$5,756$5,426$4,303
7 years$5,832$5,440$5,074$4,732$4,413$3,348
8 years$5,051$4,663$4,303$3,970$3,661$2,654
9 years$4,444$4,060$3,706$3,381$3,083$2,132
10 years$3,959$3,579$3,231$2,915$2,627$1,731
11 years$3,563$3,186$2,845$2,537$2,259$1,417
12 years$3,232$2,860$2,525$2,225$1,958$1,167
13 years$2,953$2,584$2,256$1,964$1,707$967
14 years$2,714$2,349$2,027$1,744$1,496$804
15 years$2,507$2,146$1,830$1,555$1,318$670
16 years$2,326$1,969$1,659$1,392$1,165$561
17 years$2,166$1,813$1,510$1,251$1,033$470
18 years$2,025$1,675$1,378$1,127$918$395
19 years$1,898$1,553$1,262$1,019$818$332
20 years$1,784$1,443$1,158$923$731$280
21 years$1,681$1,344$1,065$837$654$236
22 years$1,588$1,255$982$761$586$199
23 years$1,503$1,173$906$693$526$168
24 years$1,425$1,099$838$632$473$142
25 years$1,354$1,032$776$578$426$120
26 years$1,288$970$720$528$383$102
27 years$1,227$913$669$483$346$86
28 years$1,170$860$622$443$312$73
29 years$1,118$811$578$406$282$62
30 years$1,069$766$539$373$255$52
31 years$1,023$724$502$342$230$44
32 years$980$685$469$315$208$38
33 years$940$649$438$289$188$32
34 years$903$615$409$266$171$27
35 years$867$583$382$245$154$23
36 years$834$554$358$226$140$19
37 years$802$526$335$208$127$16
38 years$773$500$313$192$115$14
39 years$744$475$294$177$104$12
40 years$718$452$275$163$95$10
41 years$692$430$258$150$86$8
42 years$668$410$242$139$78$7
43 years$646$391$227$128$71$6
44 years$624$372$213$118$64$5
45 years$603$355$200$109$58$4
46 years$583$339$188$101$53$4
47 years$564$323$177$93$48$3
48 years$546$309$166$86$44$3
49 years$529$295$156$80$40$2
50 years$513$281$147$74$36$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $525,000, adding $6,609 every year, while hoping to spend $28,018 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: 46/34/20 Blend
54$525,000$525,000$525,000$525,000
55$585,367$557,542$549,405$608,670
56$615,264$555,051$537,999$623,153
57$647,271$551,498$525,272$635,547
58$681,574$546,803$511,150$648,410
59$718,376$540,879$495,556$661,800
60$757,902$533,633$478,408$675,780
61$800,397$524,970$459,624$690,424
62$846,130$514,786$439,113$705,812
63$895,396$502,971$416,784$722,036
64$948,520$489,411$392,541$739,200
65$1,005,860$473,983$366,281$757,421
66$1,067,807$456,557$337,901$776,830
67$1,134,792$436,997$307,290$797,572
68$1,207,289$415,158$274,332$819,813
69$1,285,818$390,886$238,908$843,738
70$1,370,952$364,020$200,891$869,553
71$1,463,319$334,388$160,152$897,488
72$1,563,613$301,808$116,552$927,802
73$1,672,595$266,089$69,949$960,783
74$1,791,101$227,030$20,195$996,753
75$1,920,054$184,415$0$1,036,070
76$2,060,468$138,019$0$1,086,156
77$2,213,457$87,604$0$1,145,490
78$2,380,251$32,917$0$1,210,291
79$2,562,199$0$0$1,281,148
80$2,760,790$0$0$1,368,557
81$2,977,661$0$0$1,477,519
82$3,214,613$0$0$1,596,629
83$3,473,631$0$0$1,726,894
84$3,756,900$0$0$1,869,418
85$4,066,824$0$0$2,025,422
86$4,406,052$0$0$2,196,245
87$4,777,501$0$0$2,383,366
88$5,184,381$0$0$2,588,410
89$5,630,229$0$0$2,813,171
90$6,118,941$0$0$3,059,620
91$6,654,806$0$0$3,329,931
92$7,242,549$0$0$3,626,499
93$7,887,373$0$0$3,951,959
94$8,595,011$0$0$4,309,217
95$9,371,777$0$0$4,701,470
96$10,224,625$0$0$5,132,244
97$11,161,217$0$0$5,605,420
98$12,189,993$0$0$6,125,276
99$13,320,249$0$0$6,696,521
100$14,562,227$0$0$7,324,348