Can I retire at age 55 with 528,000?

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 $528,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$43,602$43,213$42,834$42,465$42,103$41,321
2 years$21,585$21,183$20,793$20,416$20,049$19,264
3 years$14,247$13,843$13,455$13,081$12,720$11,956
4 years$10,579$10,176$9,792$9,424$9,072$8,336
5 years$8,378$7,978$7,599$7,238$6,896$6,190
6 years$6,912$6,515$6,141$5,789$5,457$4,780
7 years$5,865$5,471$5,103$4,759$4,438$3,792
8 years$5,080$4,690$4,328$3,992$3,682$3,066
9 years$4,470$4,083$3,728$3,401$3,101$2,515
10 years$3,982$3,599$3,250$2,931$2,642$2,085
11 years$3,583$3,204$2,861$2,551$2,272$1,744
12 years$3,251$2,876$2,539$2,238$1,969$1,469
13 years$2,970$2,599$2,269$1,976$1,717$1,245
14 years$2,730$2,362$2,038$1,754$1,505$1,059
15 years$2,521$2,158$1,840$1,564$1,325$905
16 years$2,339$1,980$1,668$1,400$1,171$775
17 years$2,179$1,824$1,518$1,258$1,038$666
18 years$2,036$1,685$1,386$1,134$923$574
19 years$1,909$1,562$1,269$1,025$823$495
20 years$1,795$1,451$1,164$928$735$428
21 years$1,691$1,352$1,071$842$658$370
22 years$1,597$1,262$987$766$590$321
23 years$1,512$1,180$911$697$529$278
24 years$1,433$1,106$843$636$476$242
25 years$1,361$1,038$781$581$428$210
26 years$1,295$975$724$531$386$183
27 years$1,234$918$672$486$348$159
28 years$1,177$865$625$445$314$138
29 years$1,124$816$582$408$283$120
30 years$1,075$770$542$375$256$105
31 years$1,029$728$505$344$231$91
32 years$986$689$471$316$209$80
33 years$946$653$440$291$189$69
34 years$908$619$411$268$172$61
35 years$872$587$384$246$155$53
36 years$839$557$360$227$141$46
37 years$807$529$337$209$128$40
38 years$777$503$315$193$116$35
39 years$749$478$295$178$105$31
40 years$722$455$277$164$95$27
41 years$696$433$260$151$86$23
42 years$672$412$243$140$78$20
43 years$649$393$228$129$71$18
44 years$627$374$214$119$65$16
45 years$606$357$201$110$59$14
46 years$587$341$189$101$53$12
47 years$568$325$178$94$48$10
48 years$549$310$167$87$44$9
49 years$532$296$157$80$40$8
50 years$516$283$148$74$36$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $528,000, adding $2,787 every year, while hoping to spend $36,625 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: 51/32/17 Blend
54$528,000$528,000$528,000$528,000
55$584,731$556,747$548,563$611,688
56$605,405$545,059$527,971$618,837
57$626,960$531,570$505,462$622,559
58$649,447$516,155$480,932$625,806
59$672,922$498,678$454,275$628,545
60$697,445$478,997$425,378$630,742
61$723,079$456,963$394,122$632,363
62$749,894$432,415$360,387$633,372
63$777,966$405,187$324,042$633,732
64$807,376$375,098$284,955$633,405
65$838,213$341,962$242,986$632,354
66$870,572$305,580$197,987$630,541
67$904,558$265,741$149,808$627,927
68$940,284$222,224$98,287$624,473
69$977,873$174,793$43,260$620,140
70$1,017,459$123,201$0$614,890
71$1,059,188$67,186$0$611,490
72$1,103,219$6,472$0$615,656
73$1,149,725$0$0$619,531
74$1,198,894$0$0$643,975
75$1,250,934$0$0$672,283
76$1,306,069$0$0$702,301
77$1,364,545$0$0$734,166
78$1,426,631$0$0$768,028
79$1,492,622$0$0$804,052
80$1,562,838$0$0$842,418
81$1,637,633$0$0$883,323
82$1,717,391$0$0$926,981
83$1,802,535$0$0$973,630
84$1,893,528$0$0$1,023,527
85$1,990,877$0$0$1,076,958
86$2,095,139$0$0$1,134,234
87$2,206,922$0$0$1,195,695
88$2,326,897$0$0$1,261,717
89$2,455,798$0$0$1,332,712
90$2,594,430$0$0$1,409,130
91$2,743,680$0$0$1,491,468
92$2,904,518$0$0$1,580,270
93$3,078,013$0$0$1,676,136
94$3,265,338$0$0$1,779,722
95$3,467,780$0$0$1,891,752
96$3,686,757$0$0$2,013,019
97$3,923,826$0$0$2,144,398
98$4,180,697$0$0$2,286,847
99$4,459,254$0$0$2,441,424
100$4,761,565$0$0$2,609,289