Can I retire at age 55 with 775,000?

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 $775,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$63,999$63,429$62,873$62,330$61,800$60,851
2 years$31,683$31,093$30,521$29,966$29,428$28,475
3 years$20,912$20,319$19,749$19,200$18,671$17,742
4 years$15,528$14,937$14,372$13,832$13,316$12,419
5 years$12,298$11,711$11,153$10,624$10,123$9,261
6 years$10,145$9,563$9,014$8,496$8,010$7,183
7 years$8,609$8,031$7,490$6,985$6,514$5,724
8 years$7,456$6,884$6,352$5,860$5,404$4,649
9 years$6,561$5,994$5,471$4,991$4,551$3,832
10 years$5,845$5,283$4,770$4,303$3,878$3,193
11 years$5,259$4,703$4,199$3,745$3,335$2,684
12 years$4,772$4,221$3,727$3,284$2,890$2,273
13 years$4,359$3,815$3,330$2,900$2,520$1,935
14 years$4,006$3,468$2,992$2,574$2,209$1,656
15 years$3,701$3,168$2,701$2,296$1,945$1,422
16 years$3,434$2,906$2,449$2,055$1,719$1,226
17 years$3,198$2,677$2,229$1,847$1,524$1,059
18 years$2,989$2,473$2,034$1,664$1,355$918
19 years$2,802$2,292$1,862$1,504$1,208$796
20 years$2,634$2,130$1,709$1,362$1,079$693
21 years$2,482$1,984$1,572$1,236$966$603
22 years$2,344$1,852$1,449$1,124$866$526
23 years$2,219$1,732$1,338$1,024$777$459
24 years$2,104$1,623$1,237$934$698$401
25 years$1,998$1,523$1,146$853$628$351
26 years$1,901$1,431$1,063$780$566$307
27 years$1,811$1,347$987$714$510$269
28 years$1,727$1,269$917$654$460$235
29 years$1,650$1,198$854$600$416$206
30 years$1,578$1,131$795$550$376$181
31 years$1,510$1,069$741$505$340$159
32 years$1,447$1,012$692$464$307$139
33 years$1,388$958$646$427$278$122
34 years$1,332$908$603$393$252$107
35 years$1,280$861$564$362$228$94
36 years$1,231$817$528$333$207$83
37 years$1,184$776$494$307$187$73
38 years$1,140$738$463$283$170$64
39 years$1,099$702$433$261$154$56
40 years$1,060$667$406$241$140$49
41 years$1,022$635$381$222$127$43
42 years$987$605$357$205$115$38
43 years$953$577$335$189$104$33
44 years$921$550$315$175$95$29
45 years$890$524$296$161$86$26
46 years$861$500$278$149$78$23
47 years$833$477$261$138$71$20
48 years$807$455$245$127$64$18
49 years$781$435$230$118$58$15
50 years$757$415$217$109$53$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $775,000, adding $3,906 every year, while hoping to spend $21,043 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: 71/17/12 Blend
54$775,000$775,000$775,000$775,000
55$858,079$817,004$804,992$916,568
56$923,214$834,648$809,569$973,484
57$994,286$852,451$813,595$1,032,827
58$1,071,881$870,398$817,028$1,097,227
59$1,156,640$888,475$819,826$1,167,178
60$1,249,271$906,663$821,943$1,243,226
61$1,350,551$924,945$823,333$1,325,970
62$1,461,339$943,298$823,946$1,416,071
63$1,582,577$961,702$823,730$1,514,257
64$1,715,305$980,130$822,630$1,621,331
65$1,860,668$998,558$820,590$1,738,175
66$2,019,925$1,016,957$817,549$1,865,764
67$2,194,465$1,035,295$813,444$2,005,171
68$2,385,816$1,053,540$808,210$2,157,576
69$2,595,662$1,071,656$801,777$2,324,283
70$2,825,856$1,089,604$794,073$2,506,726
71$3,078,441$1,107,342$785,022$2,706,487
72$3,355,667$1,124,827$774,546$2,925,308
73$3,660,011$1,142,010$762,559$3,165,109
74$3,994,204$1,158,840$748,977$3,428,006
75$4,361,252$1,175,262$733,706$3,716,331
76$4,764,467$1,191,217$716,653$4,032,653
77$5,207,499$1,206,643$697,717$4,379,803
78$5,694,368$1,221,472$676,795$4,760,903
79$6,229,501$1,235,633$653,775$5,179,391
80$6,817,779$1,249,048$628,546$5,639,057
81$7,464,577$1,261,635$600,986$6,144,077
82$8,175,817$1,273,308$570,972$6,699,054
83$8,958,023$1,283,974$538,373$7,309,061
84$9,818,385$1,293,532$503,052$7,979,688
85$10,764,824$1,301,878$464,868$8,717,096
86$11,806,065$1,308,900$423,670$9,528,074
87$12,951,725$1,314,477$379,304$10,420,105
88$14,212,398$1,318,483$331,607$11,401,436
89$15,599,756$1,320,783$280,410$12,481,155
90$17,126,663$1,321,232$225,535$13,669,278
91$18,807,289$1,319,679$166,797$14,976,843
92$20,657,251$1,315,962$104,004$16,416,017
93$22,693,755$1,309,909$36,952$18,000,206
94$24,935,761$1,301,337$0$19,744,186
95$27,404,159$1,290,053$0$21,668,672
96$30,121,970$1,275,852$0$23,792,516
97$33,114,559$1,258,517$0$26,130,790
98$36,409,877$1,237,818$0$28,705,323
99$40,038,723$1,213,509$0$31,540,168
100$44,035,034$1,185,333$0$34,661,832