Can I retire at age 55 with 761,000?

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 $761,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$62,843$62,283$61,737$61,204$60,683$59,826
2 years$31,110$30,531$29,969$29,425$28,897$28,035
3 years$20,534$19,952$19,392$18,853$18,333$17,493
4 years$15,247$14,667$14,112$13,582$13,075$12,264
5 years$12,076$11,499$10,952$10,433$9,940$9,159
6 years$9,962$9,390$8,851$8,343$7,865$7,116
7 years$8,453$7,886$7,355$6,859$6,396$5,679
8 years$7,322$6,759$6,238$5,754$5,306$4,621
9 years$6,442$5,885$5,372$4,901$4,469$3,815
10 years$5,739$5,188$4,684$4,225$3,808$3,185
11 years$5,164$4,618$4,124$3,677$3,275$2,683
12 years$4,686$4,145$3,660$3,225$2,838$2,276
13 years$4,281$3,746$3,270$2,847$2,475$1,942
14 years$3,934$3,405$2,938$2,528$2,169$1,665
15 years$3,634$3,110$2,652$2,254$1,910$1,433
16 years$3,372$2,854$2,405$2,018$1,688$1,237
17 years$3,140$2,628$2,188$1,813$1,497$1,072
18 years$2,935$2,429$1,998$1,634$1,331$930
19 years$2,751$2,251$1,829$1,477$1,186$809
20 years$2,586$2,092$1,678$1,337$1,060$705
21 years$2,437$1,948$1,544$1,214$948$616
22 years$2,302$1,819$1,423$1,104$850$538
23 years$2,179$1,701$1,314$1,005$763$471
24 years$2,066$1,594$1,215$917$686$412
25 years$1,962$1,496$1,125$837$617$361
26 years$1,866$1,406$1,044$765$556$317
27 years$1,778$1,323$969$701$501$278
28 years$1,696$1,246$901$642$452$244
29 years$1,620$1,176$838$589$408$215
30 years$1,549$1,111$781$540$369$189
31 years$1,483$1,050$728$496$334$166
32 years$1,421$993$679$456$302$146
33 years$1,363$941$634$419$273$128
34 years$1,308$892$593$386$247$113
35 years$1,257$846$554$355$224$100
36 years$1,209$803$518$327$203$88
37 years$1,163$762$485$301$184$77
38 years$1,120$724$454$278$167$68
39 years$1,079$689$426$256$151$60
40 years$1,040$655$399$236$137$53
41 years$1,004$624$374$218$124$46
42 years$969$594$351$201$113$41
43 years$936$566$329$186$102$36
44 years$904$540$309$171$93$32
45 years$874$515$290$158$84$28
46 years$845$491$273$146$77$25
47 years$818$468$256$135$70$22
48 years$792$447$241$125$63$19
49 years$767$427$226$115$57$17
50 years$743$408$213$107$52$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $761,000, adding $4,278 every year, while hoping to spend $55,330 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: 59/22/19 Blend
54$761,000$761,000$761,000$761,000
55$843,035$802,702$790,906$888,337
56$870,154$783,163$758,531$899,996
57$898,184$760,813$723,217$906,272
58$927,161$735,455$684,806$911,865
59$957,120$706,881$643,136$916,720
60$988,100$674,872$598,035$920,777
61$1,020,141$639,195$549,324$923,972
62$1,053,284$599,605$496,815$926,241
63$1,087,574$555,841$440,313$927,514
64$1,123,058$507,628$379,615$927,717
65$1,159,784$454,676$314,506$926,775
66$1,197,805$396,678$244,765$924,605
67$1,237,176$333,310$170,159$921,124
68$1,277,953$264,228$90,445$916,243
69$1,320,200$189,070$5,371$909,868
70$1,363,980$107,455$0$901,903
71$1,409,363$18,977$0$909,560
72$1,456,423$0$0$917,705
73$1,505,236$0$0$943,783
74$1,555,887$0$0$975,616
75$1,608,463$0$0$1,008,666
76$1,663,060$0$0$1,042,994
77$1,719,776$0$0$1,078,664
78$1,778,721$0$0$1,115,745
79$1,840,010$0$0$1,154,310
80$1,903,765$0$0$1,194,438
81$1,970,120$0$0$1,236,215
82$2,039,217$0$0$1,279,732
83$2,111,207$0$0$1,325,086
84$2,186,257$0$0$1,372,383
85$2,264,542$0$0$1,421,737
86$2,346,255$0$0$1,473,270
87$2,431,599$0$0$1,527,114
88$2,520,799$0$0$1,583,413
89$2,614,094$0$0$1,642,322
90$2,711,745$0$0$1,704,007
91$2,814,033$0$0$1,768,651
92$2,921,263$0$0$1,836,449
93$3,033,768$0$0$1,907,616
94$3,151,905$0$0$1,982,383
95$3,276,067$0$0$2,061,002
96$3,406,677$0$0$2,143,748
97$3,544,198$0$0$2,230,918
98$3,689,131$0$0$2,322,837
99$3,842,026$0$0$2,419,860
100$4,003,480$0$0$2,522,372