Can I retire at age 55 with 727,000?

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 $727,000?

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$60,035$59,500$58,978$58,469$57,972$56,755
2 years$29,720$29,167$28,630$28,110$27,606$26,385
3 years$19,617$19,061$18,526$18,010$17,514$16,329
4 years$14,566$14,012$13,482$12,976$12,491$11,350
5 years$11,536$10,985$10,463$9,966$9,496$8,401
6 years$9,517$8,970$8,455$7,970$7,514$6,467
7 years$8,075$7,533$7,026$6,553$6,111$5,113
8 years$6,995$6,457$5,959$5,497$5,069$4,119
9 years$6,155$5,622$5,132$4,682$4,269$3,367
10 years$5,483$4,956$4,475$4,036$3,637$2,782
11 years$4,934$4,412$3,939$3,513$3,128$2,318
12 years$4,476$3,960$3,496$3,081$2,711$1,945
13 years$4,089$3,579$3,124$2,720$2,364$1,641
14 years$3,758$3,253$2,806$2,415$2,072$1,391
15 years$3,472$2,972$2,534$2,153$1,825$1,183
16 years$3,221$2,726$2,297$1,928$1,613$1,010
17 years$3,000$2,511$2,090$1,732$1,430$864
18 years$2,804$2,320$1,908$1,561$1,271$741
19 years$2,628$2,150$1,747$1,411$1,133$636
20 years$2,471$1,998$1,603$1,278$1,012$547
21 years$2,328$1,861$1,475$1,160$906$472
22 years$2,199$1,737$1,359$1,054$812$407
23 years$2,081$1,625$1,255$960$729$351
24 years$1,973$1,522$1,161$876$655$304
25 years$1,874$1,429$1,075$800$589$263
26 years$1,783$1,343$997$731$531$227
27 years$1,699$1,264$926$669$479$197
28 years$1,620$1,191$861$613$432$170
29 years$1,548$1,123$801$562$390$148
30 years$1,480$1,061$746$516$352$128
31 years$1,417$1,003$695$474$319$111
32 years$1,357$949$649$436$288$96
33 years$1,302$899$606$401$261$84
34 years$1,250$852$566$369$236$72
35 years$1,201$808$529$339$214$63
36 years$1,155$767$495$312$194$55
37 years$1,111$728$463$288$176$47
38 years$1,070$692$434$265$159$41
39 years$1,031$658$407$245$144$36
40 years$994$626$381$226$131$31
41 years$959$596$357$208$119$27
42 years$926$568$335$192$108$23
43 years$894$541$315$177$98$20
44 years$864$516$295$164$89$18
45 years$835$492$277$151$81$15
46 years$808$469$260$140$73$13
47 years$782$448$245$129$66$12
48 years$757$427$230$119$60$10
49 years$733$408$216$110$55$9
50 years$710$390$203$102$50$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $727,000, adding $4,290 every year, while hoping to spend $39,940 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: 69/25/6 Blend
54$727,000$727,000$727,000$727,000
55$805,579$767,048$755,780$860,196
56$845,252$762,138$738,602$891,981
57$887,634$755,648$719,511$921,435
58$932,957$747,459$698,399$952,558
59$981,479$737,445$675,156$985,506
60$1,033,481$725,472$649,665$1,020,451
61$1,089,272$711,396$621,805$1,057,583
62$1,149,191$695,067$591,448$1,097,111
63$1,213,609$676,325$558,462$1,139,269
64$1,282,934$655,002$522,708$1,184,314
65$1,357,615$630,919$484,040$1,232,532
66$1,438,143$603,886$442,307$1,284,237
67$1,525,060$573,703$397,351$1,339,778
68$1,618,960$540,158$349,006$1,399,542
69$1,720,496$503,027$297,099$1,463,956
70$1,830,385$462,074$241,450$1,533,492
71$1,949,416$417,047$181,871$1,608,672
72$2,078,456$367,683$118,164$1,690,076
73$2,218,460$313,701$50,124$1,778,343
74$2,370,477$254,806$0$1,874,179
75$2,535,659$190,685$0$1,979,805
76$2,715,278$121,010$0$2,098,166
77$2,910,728$45,431$0$2,227,018
78$3,123,547$0$0$2,367,434
79$3,355,424$0$0$2,530,617
80$3,608,222$0$0$2,722,185
81$3,883,987$0$0$2,931,196
82$4,184,974$0$0$3,159,363
83$4,513,663$0$0$3,408,573
84$4,872,785$0$0$3,680,902
85$5,265,348$0$0$3,978,635
86$5,694,662$0$0$4,304,288
87$6,164,372$0$0$4,660,633
88$6,678,491$0$0$5,050,720
89$7,241,439$0$0$5,477,908
90$7,858,083$0$0$5,945,899
91$8,533,781$0$0$6,458,766
92$9,274,438$0$0$7,020,997
93$10,086,553$0$0$7,637,533
94$10,977,286$0$0$8,313,819
95$11,954,525$0$0$9,055,849
96$13,026,954$0$0$9,870,228
97$14,204,144$0$0$10,764,230
98$15,496,632$0$0$11,745,868
99$16,916,030$0$0$12,823,970
100$18,475,126$0$0$14,008,258