Can I retire at age 55 with 539,000?

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 $539,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$44,510$44,114$43,727$43,349$42,981$42,391
2 years$22,035$21,624$21,227$20,841$20,467$19,874
3 years$14,544$14,132$13,735$13,353$12,985$12,407
4 years$10,799$10,388$9,996$9,620$9,261$8,703
5 years$8,553$8,145$7,757$7,389$7,040$6,503
6 years$7,056$6,651$6,269$5,909$5,571$5,055
7 years$5,987$5,585$5,209$4,858$4,530$4,037
8 years$5,186$4,788$4,418$4,075$3,758$3,287
9 years$4,563$4,168$3,805$3,471$3,165$2,715
10 years$4,065$3,674$3,317$2,992$2,697$2,268
11 years$3,658$3,271$2,921$2,604$2,319$1,912
12 years$3,319$2,936$2,592$2,284$2,010$1,623
13 years$3,032$2,653$2,316$2,017$1,753$1,385
14 years$2,786$2,412$2,081$1,790$1,536$1,188
15 years$2,574$2,203$1,879$1,597$1,353$1,024
16 years$2,388$2,021$1,703$1,430$1,196$885
17 years$2,224$1,862$1,550$1,284$1,060$767
18 years$2,079$1,720$1,415$1,158$943$666
19 years$1,949$1,594$1,295$1,046$840$580
20 years$1,832$1,481$1,189$947$750$506
21 years$1,726$1,380$1,093$860$672$442
22 years$1,630$1,288$1,008$782$602$386
23 years$1,543$1,205$930$712$540$338
24 years$1,463$1,129$861$649$486$296
25 years$1,390$1,059$797$593$437$260
26 years$1,322$996$739$542$394$228
27 years$1,259$937$686$496$355$200
28 years$1,201$883$638$455$320$176
29 years$1,147$833$594$417$289$155
30 years$1,097$787$553$383$261$136
31 years$1,050$744$516$351$236$120
32 years$1,006$704$481$323$214$106
33 years$965$666$449$297$193$93
34 years$927$631$420$273$175$82
35 years$890$599$392$252$159$72
36 years$856$568$367$232$144$64
37 years$824$540$344$213$130$56
38 years$793$513$322$197$118$49
39 years$764$488$301$181$107$44
40 years$737$464$283$167$97$38
41 years$711$442$265$154$88$34
42 years$686$421$249$142$80$30
43 years$663$401$233$132$73$26
44 years$640$382$219$121$66$23
45 years$619$364$206$112$60$21
46 years$599$348$193$104$54$18
47 years$579$332$181$96$49$16
48 years$561$317$170$88$45$14
49 years$543$302$160$82$41$12
50 years$526$289$151$76$37$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $539,000, adding $2,250 every year, while hoping to spend $28,569 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: 44/32/24 Blend
54$539,000$539,000$539,000$539,000
55$596,299$567,732$559,377$618,298
56$626,724$565,154$547,719$631,538
57$659,295$561,491$534,713$642,942
58$694,201$556,662$520,284$654,734
59$731,648$550,577$504,352$666,968
60$771,865$543,144$486,836$679,700
61$815,099$534,262$467,649$692,997
62$861,625$523,826$446,701$706,934
63$911,743$511,726$423,898$721,597
64$965,783$497,844$399,141$737,081
65$1,024,109$482,054$372,328$753,495
66$1,087,118$464,224$343,351$770,961
67$1,155,248$444,215$312,098$789,617
68$1,228,981$421,879$278,450$809,617
69$1,308,845$397,060$242,286$831,135
70$1,395,423$369,591$203,478$854,366
71$1,489,353$339,298$161,892$879,529
72$1,591,339$305,996$117,387$906,867
73$1,702,155$269,489$69,820$936,654
74$1,822,652$229,571$19,036$969,196
75$1,953,767$186,024$0$1,004,834
76$2,096,529$138,617$0$1,052,954
77$2,252,072$87,107$0$1,110,763
78$2,421,645$31,236$0$1,173,901
79$2,606,619$0$0$1,242,942
80$2,808,507$0$0$1,328,828
81$3,028,971$0$0$1,434,688
82$3,269,844$0$0$1,550,412
83$3,533,142$0$0$1,676,974
84$3,821,083$0$0$1,815,452
85$4,136,113$0$0$1,967,028
86$4,480,922$0$0$2,133,007
87$4,858,474$0$0$2,314,823
88$5,272,031$0$0$2,514,059
89$5,725,189$0$0$2,732,455
90$6,221,903$0$0$2,971,930
91$6,766,535$0$0$3,234,595
92$7,363,883$0$0$3,522,777
93$8,019,237$0$0$3,839,038
94$8,738,420$0$0$4,186,202
95$9,527,848$0$0$4,567,377
96$10,394,589$0$0$4,985,989
97$11,346,426$0$0$5,445,811
98$12,391,936$0$0$5,950,998
99$13,540,565$0$0$6,506,131
100$14,802,722$0$0$7,116,254