Can I retire at age 55 with 527,000?

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 $527,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$43,519$43,132$42,753$42,384$42,024$41,794
2 years$21,544$21,143$20,754$20,377$20,011$19,779
3 years$14,220$13,817$13,429$13,056$12,696$12,469
4 years$10,559$10,157$9,773$9,406$9,055$8,835
5 years$8,363$7,963$7,584$7,225$6,883$6,671
6 years$6,899$6,503$6,129$5,778$5,447$5,242
7 years$5,854$5,461$5,093$4,750$4,430$4,233
8 years$5,070$4,681$4,320$3,985$3,675$3,486
9 years$4,461$4,076$3,720$3,394$3,095$2,914
10 years$3,974$3,592$3,244$2,926$2,637$2,463
11 years$3,576$3,198$2,856$2,546$2,268$2,102
12 years$3,245$2,870$2,534$2,233$1,965$1,807
13 years$2,964$2,594$2,264$1,972$1,714$1,563
14 years$2,724$2,358$2,034$1,750$1,502$1,358
15 years$2,517$2,154$1,837$1,561$1,323$1,186
16 years$2,335$1,976$1,665$1,398$1,169$1,039
17 years$2,175$1,820$1,515$1,256$1,036$913
18 years$2,032$1,682$1,383$1,132$922$805
19 years$1,905$1,559$1,266$1,023$821$711
20 years$1,791$1,448$1,162$926$734$629
21 years$1,688$1,349$1,069$841$657$558
22 years$1,594$1,259$985$764$589$495
23 years$1,509$1,178$910$696$528$440
24 years$1,431$1,104$841$635$475$392
25 years$1,359$1,036$779$580$427$349
26 years$1,292$973$723$530$385$311
27 years$1,231$916$671$485$347$278
28 years$1,175$863$624$445$313$248
29 years$1,122$814$581$408$283$222
30 years$1,073$769$541$374$255$198
31 years$1,027$727$504$344$231$177
32 years$984$688$470$316$209$159
33 years$944$651$439$290$189$142
34 years$906$617$410$267$171$127
35 years$870$586$384$246$155$114
36 years$837$556$359$227$140$102
37 years$805$528$336$209$127$92
38 years$776$502$315$192$115$82
39 years$747$477$295$177$105$74
40 years$720$454$276$164$95$66
41 years$695$432$259$151$86$59
42 years$671$411$243$139$78$53
43 years$648$392$228$129$71$48
44 years$626$374$214$119$64$43
45 years$605$356$201$110$58$38
46 years$585$340$189$101$53$35
47 years$567$324$177$94$48$31
48 years$548$310$167$86$44$28
49 years$531$296$157$80$40$25
50 years$515$283$147$74$36$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $527,000, adding $4,094 every year, while hoping to spend $50,260 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: 72/6/22 Blend
54$527,000$527,000$527,000$527,000
55$584,977$557,046$548,877$623,649
56$591,168$530,865$513,789$623,768
57$596,307$501,717$475,840$617,523
58$600,232$469,402$434,882$609,436
59$602,765$433,712$390,760$599,318
60$603,707$394,425$343,311$586,960
61$602,839$351,306$292,366$572,133
62$599,915$304,106$237,747$554,588
63$594,664$252,565$179,269$534,052
64$586,785$196,405$116,739$510,223
65$575,943$135,335$49,955$482,773
66$561,768$69,045$0$451,340
67$543,850$0$0$420,534
68$521,735$0$0$397,939
69$494,920$0$0$376,158
70$462,850$0$0$350,191
71$424,908$0$0$319,549
72$380,413$0$0$283,692
73$328,613$0$0$242,020
74$268,675$0$0$193,874
75$199,681$0$0$138,522
76$120,611$0$0$75,158
77$30,345$0$0$2,890
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0