Can I retire at age 55 with 752,000?

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 $752,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$62,099$61,546$61,007$60,480$59,966$58,899
2 years$30,742$30,170$29,615$29,077$28,555$27,485
3 years$20,291$19,716$19,163$18,630$18,116$17,075
4 years$15,067$14,494$13,946$13,422$12,921$11,916
5 years$11,933$11,363$10,822$10,309$9,822$8,858
6 years$9,844$9,279$8,746$8,244$7,772$6,848
7 years$8,353$7,792$7,268$6,778$6,321$5,438
8 years$7,235$6,679$6,164$5,686$5,244$4,402
9 years$6,366$5,816$5,309$4,843$4,416$3,615
10 years$5,671$5,126$4,628$4,175$3,763$3,002
11 years$5,103$4,564$4,075$3,633$3,236$2,514
12 years$4,630$4,096$3,616$3,187$2,804$2,120
13 years$4,230$3,702$3,231$2,814$2,445$1,798
14 years$3,888$3,365$2,903$2,498$2,144$1,532
15 years$3,591$3,074$2,621$2,227$1,887$1,311
16 years$3,332$2,820$2,376$1,994$1,668$1,125
17 years$3,103$2,597$2,162$1,792$1,479$968
18 years$2,900$2,400$1,974$1,615$1,315$835
19 years$2,719$2,224$1,807$1,459$1,172$722
20 years$2,556$2,067$1,658$1,322$1,047$625
21 years$2,409$1,925$1,525$1,199$937$541
22 years$2,275$1,797$1,406$1,091$840$470
23 years$2,153$1,681$1,298$993$754$408
24 years$2,041$1,575$1,201$906$678$355
25 years$1,939$1,478$1,112$827$610$309
26 years$1,844$1,389$1,031$756$549$269
27 years$1,757$1,307$958$692$495$234
28 years$1,676$1,232$890$634$447$204
29 years$1,601$1,162$828$582$403$178
30 years$1,531$1,097$772$534$365$156
31 years$1,465$1,037$719$490$330$136
32 years$1,404$982$671$451$298$119
33 years$1,347$930$627$414$270$104
34 years$1,293$881$586$381$244$90
35 years$1,242$836$547$351$221$79
36 years$1,194$793$512$323$200$69
37 years$1,149$753$479$298$182$60
38 years$1,107$716$449$275$165$53
39 years$1,066$681$421$253$149$46
40 years$1,028$648$394$233$135$40
41 years$992$617$370$215$123$35
42 years$957$587$347$199$112$31
43 years$925$559$325$184$101$27
44 years$893$533$305$169$92$24
45 years$864$509$287$156$83$21
46 years$835$485$269$145$76$18
47 years$808$463$253$134$69$16
48 years$783$442$238$123$62$14
49 years$758$422$224$114$57$12
50 years$734$403$210$105$52$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $752,000, adding $6,809 every year, while hoping to spend $39,844 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: 59/29/12 Blend
54$752,000$752,000$752,000$752,000
55$835,727$795,871$784,215$882,193
56$878,578$792,475$768,093$910,896
57$924,464$787,578$750,095$937,112
58$973,653$781,062$730,117$964,742
59$1,026,438$772,807$708,048$993,925
60$1,083,141$762,682$683,775$1,024,817
61$1,144,117$750,548$657,176$1,057,591
62$1,209,753$736,261$628,127$1,092,439
63$1,280,475$719,665$596,497$1,129,576
64$1,356,751$700,596$562,148$1,169,239
65$1,439,096$678,882$524,936$1,211,691
66$1,528,075$654,339$484,713$1,257,227
67$1,624,309$626,771$441,321$1,306,172
68$1,728,481$595,975$394,597$1,358,886
69$1,841,340$561,732$344,371$1,415,771
70$1,963,713$523,813$290,463$1,477,271
71$2,096,506$481,974$232,688$1,543,879
72$2,240,717$435,959$170,851$1,616,141
73$2,397,445$385,496$104,749$1,694,665
74$2,567,896$330,297$34,170$1,780,122
75$2,753,400$270,060$0$1,873,255
76$2,955,418$204,464$0$1,980,158
77$3,175,559$133,170$0$2,101,488
78$3,415,592$55,822$0$2,233,906
79$3,677,467$0$0$2,378,564
80$3,963,328$0$0$2,545,658
81$4,275,536$0$0$2,747,666
82$4,616,689$0$0$2,968,463
83$4,989,649$0$0$3,209,908
84$5,397,565$0$0$3,474,047
85$5,843,907$0$0$3,763,137
86$6,332,493$0$0$4,079,657
87$6,867,529$0$0$4,426,342
88$7,453,645$0$0$4,806,202
89$8,095,943$0$0$5,222,551
90$8,800,039$0$0$5,679,040
91$9,572,120$0$0$6,179,690
92$10,418,999$0$0$6,728,931
93$11,348,181$0$0$7,331,640
94$12,367,932$0$0$7,993,190
95$13,487,359$0$0$8,719,501
96$14,716,491$0$0$9,517,092
97$16,066,377$0$0$10,393,146
98$17,549,189$0$0$11,355,574
99$19,178,335$0$0$12,413,094
100$20,968,587$0$0$13,575,307