Can I retire at age 55 with 535,000?

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 $535,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$44,180$43,786$43,402$43,028$42,662$41,766
2 years$21,871$21,464$21,069$20,686$20,315$19,417
3 years$14,436$14,027$13,633$13,254$12,889$12,016
4 years$10,719$10,311$9,921$9,549$9,192$8,352
5 years$8,490$8,084$7,699$7,334$6,988$6,182
6 years$7,004$6,601$6,222$5,865$5,529$4,759
7 years$5,943$5,544$5,171$4,822$4,497$3,762
8 years$5,147$4,752$4,385$4,045$3,731$3,032
9 years$4,529$4,137$3,777$3,446$3,142$2,478
10 years$4,035$3,647$3,293$2,970$2,677$2,047
11 years$3,631$3,247$2,899$2,585$2,302$1,706
12 years$3,294$2,914$2,573$2,267$1,995$1,431
13 years$3,009$2,633$2,299$2,002$1,740$1,208
14 years$2,766$2,394$2,065$1,777$1,525$1,023
15 years$2,555$2,187$1,865$1,585$1,343$871
16 years$2,370$2,006$1,691$1,419$1,187$743
17 years$2,208$1,848$1,538$1,275$1,052$636
18 years$2,063$1,707$1,404$1,149$936$545
19 years$1,934$1,582$1,286$1,038$834$468
20 years$1,818$1,470$1,180$940$745$403
21 years$1,714$1,370$1,085$853$667$347
22 years$1,618$1,279$1,000$776$597$299
23 years$1,532$1,196$924$707$536$259
24 years$1,452$1,120$854$644$482$223
25 years$1,379$1,051$791$589$434$193
26 years$1,312$988$734$538$391$167
27 years$1,250$930$681$493$352$145
28 years$1,192$876$633$451$318$125
29 years$1,139$827$589$414$287$109
30 years$1,089$781$549$380$259$94
31 years$1,042$738$512$349$234$82
32 years$999$698$478$321$212$71
33 years$958$661$446$295$192$61
34 years$920$627$417$271$174$53
35 years$884$595$389$250$157$46
36 years$850$564$364$230$143$40
37 years$818$536$341$212$129$35
38 years$787$509$319$195$117$30
39 years$759$484$299$180$106$26
40 years$731$461$280$166$96$23
41 years$706$439$263$153$87$20
42 years$681$418$247$141$79$17
43 years$658$398$231$131$72$15
44 years$636$379$217$121$65$13
45 years$615$362$204$111$59$11
46 years$594$345$192$103$54$10
47 years$575$329$180$95$49$9
48 years$557$314$169$88$44$7
49 years$539$300$159$81$40$6
50 years$522$287$149$75$37$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $535,000, adding $4,068 every year, while hoping to spend $21,191 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: 65/30/5 Blend
54$535,000$535,000$535,000$535,000
55$593,766$565,411$557,119$631,692
56$631,783$570,569$553,235$662,557
57$672,968$575,270$548,511$693,351
58$717,621$579,468$542,896$726,428
59$766,072$583,117$536,338$762,006
60$818,687$586,164$528,780$800,326
61$875,864$588,557$520,165$841,656
62$938,043$590,238$510,432$886,290
63$1,005,710$591,146$499,518$934,552
64$1,079,396$591,215$487,355$986,800
65$1,159,687$590,378$473,875$1,043,428
66$1,247,230$588,561$459,004$1,104,872
67$1,342,733$585,687$442,667$1,171,612
68$1,446,979$581,672$424,783$1,244,179
69$1,560,828$576,431$405,270$1,323,156
70$1,685,226$569,870$384,040$1,409,188
71$1,821,216$561,890$361,002$1,502,987
72$1,969,946$552,389$336,062$1,605,337
73$2,132,680$541,256$309,120$1,717,104
74$2,310,810$528,374$280,072$1,839,243
75$2,505,868$513,619$248,810$1,972,807
76$2,719,541$496,862$215,220$2,118,957
77$2,953,689$477,962$179,184$2,278,976
78$3,210,357$456,774$140,578$2,454,278
79$3,491,800$433,143$99,274$2,646,421
80$3,800,501$406,904$55,138$2,857,125
81$4,139,194$377,885$8,027$3,088,288
82$4,510,892$345,901$0$3,342,002
83$4,918,913$310,760$0$3,622,828
84$5,366,911$272,256$0$3,931,663
85$5,858,911$230,172$0$4,270,892
86$6,399,351$184,281$0$4,643,620
87$6,993,114$134,340$0$5,053,272
88$7,645,583$80,095$0$5,503,623
89$8,362,688$21,275$0$5,998,834
90$9,150,962$0$0$6,543,496
91$10,017,600$0$0$7,156,667
92$10,970,533$0$0$7,838,656
93$12,018,496$0$0$8,588,697
94$13,171,113$0$0$9,413,682
95$14,438,990$0$0$10,321,207
96$15,833,809$0$0$11,319,641
97$17,368,444$0$0$12,418,203
98$19,057,079$0$0$13,627,054
99$20,915,342$0$0$14,957,386
100$22,960,452$0$0$16,421,534