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%16.7%
1 years$63,999$63,429$62,873$62,330$61,800$60,111
2 years$31,683$31,093$30,521$29,966$29,428$27,739
3 years$20,912$20,319$19,749$19,200$18,671$17,034
4 years$15,528$14,937$14,372$13,832$13,316$11,744
5 years$12,298$11,711$11,153$10,624$10,123$8,621
6 years$10,145$9,563$9,014$8,496$8,010$6,578
7 years$8,609$8,031$7,490$6,985$6,514$5,154
8 years$7,456$6,884$6,352$5,860$5,404$4,114
9 years$6,561$5,994$5,471$4,991$4,551$3,330
10 years$5,845$5,283$4,770$4,303$3,878$2,724
11 years$5,259$4,703$4,199$3,745$3,335$2,247
12 years$4,772$4,221$3,727$3,284$2,890$1,866
13 years$4,359$3,815$3,330$2,900$2,520$1,557
14 years$4,006$3,468$2,992$2,574$2,209$1,305
15 years$3,701$3,168$2,701$2,296$1,945$1,098
16 years$3,434$2,906$2,449$2,055$1,719$927
17 years$3,198$2,677$2,229$1,847$1,524$784
18 years$2,989$2,473$2,034$1,664$1,355$664
19 years$2,802$2,292$1,862$1,504$1,208$564
20 years$2,634$2,130$1,709$1,362$1,079$479
21 years$2,482$1,984$1,572$1,236$966$408
22 years$2,344$1,852$1,449$1,124$866$347
23 years$2,219$1,732$1,338$1,024$777$296
24 years$2,104$1,623$1,237$934$698$253
25 years$1,998$1,523$1,146$853$628$216
26 years$1,901$1,431$1,063$780$566$184
27 years$1,811$1,347$987$714$510$158
28 years$1,727$1,269$917$654$460$135
29 years$1,650$1,198$854$600$416$115
30 years$1,578$1,131$795$550$376$99
31 years$1,510$1,069$741$505$340$84
32 years$1,447$1,012$692$464$307$72
33 years$1,388$958$646$427$278$62
34 years$1,332$908$603$393$252$53
35 years$1,280$861$564$362$228$45
36 years$1,231$817$528$333$207$39
37 years$1,184$776$494$307$187$33
38 years$1,140$738$463$283$170$28
39 years$1,099$702$433$261$154$24
40 years$1,060$667$406$241$140$21
41 years$1,022$635$381$222$127$18
42 years$987$605$357$205$115$15
43 years$953$577$335$189$104$13
44 years$921$550$315$175$95$11
45 years$890$524$296$161$86$10
46 years$861$500$278$149$78$8
47 years$833$477$261$138$71$7
48 years$807$455$245$127$64$6
49 years$781$435$230$118$58$5
50 years$757$415$217$109$53$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $775,000, adding $2,439 every year, while hoping to spend $41,413 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: 27/48/25 Blend
54$775,000$775,000$775,000$775,000
55$856,566$815,491$803,478$872,928
56$899,872$811,387$786,332$882,085
57$946,208$805,694$767,223$888,150
58$995,839$798,290$746,042$893,802
59$1,049,055$789,046$722,675$899,032
60$1,106,175$777,827$697,001$903,835
61$1,167,551$764,486$668,897$908,211
62$1,233,566$748,871$638,230$912,164
63$1,304,643$730,818$604,863$915,701
64$1,381,245$710,157$568,655$918,837
65$1,463,882$686,704$529,454$921,593
66$1,553,112$660,268$487,106$923,998
67$1,649,552$630,643$441,446$926,091
68$1,753,876$597,614$392,304$927,920
69$1,866,828$560,953$339,503$929,546
70$1,989,223$520,419$282,855$931,040
71$2,121,960$475,756$222,167$932,493
72$2,266,025$426,694$157,235$934,009
73$2,422,506$372,948$87,849$935,714
74$2,592,596$314,217$13,786$937,754
75$2,777,610$250,182$0$940,301
76$2,978,993$180,508$0$960,959
77$3,198,336$104,839$0$987,608
78$3,437,390$22,800$0$1,016,898
79$3,698,082$0$0$1,049,203
80$3,982,531$0$0$1,119,806
81$4,293,073$0$0$1,210,152
82$4,632,276$0$0$1,308,961
83$5,002,969$0$0$1,417,073
84$5,408,266$0$0$1,535,413
85$5,851,595$0$0$1,664,998
86$6,336,732$0$0$1,806,949
87$6,867,834$0$0$1,962,501
88$7,449,478$0$0$2,133,013
89$8,086,706$0$0$2,319,983
90$8,785,068$0$0$2,525,060
91$9,550,678$0$0$2,750,061
92$10,390,271$0$0$2,996,987
93$11,311,264$0$0$3,268,041
94$12,321,825$0$0$3,565,652
95$13,430,953$0$0$3,892,494
96$14,648,560$0$0$4,251,512
97$15,985,563$0$0$4,645,953
98$17,453,990$0$0$5,079,392
99$19,067,091$0$0$5,555,767
100$20,839,461$0$0$6,079,418