Can I retire at age 55 with 812,000?

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 $812,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$67,054$66,457$65,874$65,305$64,750$64,127
2 years$33,195$32,577$31,978$31,397$30,833$30,206
3 years$21,910$21,289$20,692$20,116$19,562$18,949
4 years$16,269$15,650$15,058$14,493$13,952$13,359
5 years$12,885$12,270$11,686$11,132$10,606$10,034
6 years$10,630$10,019$9,444$8,902$8,392$7,842
7 years$9,020$8,414$7,848$7,319$6,825$6,298
8 years$7,812$7,212$6,656$6,140$5,662$5,157
9 years$6,874$6,280$5,733$5,230$4,768$4,285
10 years$6,124$5,535$4,998$4,508$4,063$3,602
11 years$5,510$4,928$4,400$3,923$3,494$3,054
12 years$5,000$4,423$3,905$3,441$3,028$2,609
13 years$4,568$3,997$3,489$3,038$2,640$2,242
14 years$4,198$3,633$3,135$2,697$2,315$1,936
15 years$3,877$3,319$2,830$2,405$2,038$1,679
16 years$3,597$3,045$2,566$2,154$1,801$1,461
17 years$3,351$2,804$2,335$1,935$1,597$1,275
18 years$3,132$2,591$2,131$1,744$1,420$1,116
19 years$2,936$2,402$1,951$1,576$1,266$978
20 years$2,760$2,232$1,791$1,427$1,131$860
21 years$2,601$2,079$1,647$1,295$1,012$756
22 years$2,456$1,940$1,518$1,178$907$667
23 years$2,325$1,815$1,402$1,072$814$588
24 years$2,204$1,700$1,296$978$732$519
25 years$2,093$1,596$1,201$893$658$459
26 years$1,991$1,500$1,114$817$593$406
27 years$1,897$1,411$1,034$748$535$360
28 years$1,810$1,330$961$685$482$319
29 years$1,729$1,255$895$628$436$283
30 years$1,653$1,185$833$576$394$251
31 years$1,582$1,120$777$529$356$222
32 years$1,516$1,060$725$487$322$197
33 years$1,454$1,004$677$447$291$175
34 years$1,396$951$632$412$264$156
35 years$1,341$902$591$379$239$138
36 years$1,290$856$553$349$216$123
37 years$1,241$813$518$322$196$109
38 years$1,195$773$485$296$178$97
39 years$1,151$735$454$273$161$86
40 years$1,110$699$426$252$146$77
41 years$1,071$666$399$233$133$68
42 years$1,034$634$374$215$120$61
43 years$998$604$351$198$109$54
44 years$965$576$330$183$99$48
45 years$933$549$310$169$90$43
46 years$902$524$291$156$82$38
47 years$873$500$273$144$74$34
48 years$845$477$257$133$67$30
49 years$818$456$241$123$61$27
50 years$793$435$227$114$56$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $812,000, adding $5,099 every year, while hoping to spend $38,928 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: 35/47/18 Blend
54$812,000$812,000$812,000$812,000
55$900,084$857,048$844,462$926,467
56$950,473$857,624$831,332$946,767
57$1,004,698$856,924$816,458$964,653
58$1,063,107$854,843$799,740$983,133
59$1,126,086$851,273$781,073$1,002,281
60$1,194,057$846,096$760,349$1,022,183
61$1,267,484$839,187$737,454$1,042,934
62$1,346,878$830,417$712,269$1,064,646
63$1,432,797$819,646$684,668$1,087,441
64$1,525,860$806,726$654,521$1,111,462
65$1,626,742$791,500$621,693$1,136,867
66$1,736,190$773,804$586,040$1,163,836
67$1,855,023$753,462$547,413$1,192,570
68$1,984,141$730,287$505,658$1,223,296
69$2,124,537$704,084$460,610$1,256,270
70$2,277,300$674,645$412,101$1,291,779
71$2,443,631$641,749$359,953$1,330,143
72$2,624,850$605,163$303,980$1,371,723
73$2,822,410$564,642$243,989$1,416,923
74$3,037,911$519,925$179,778$1,466,193
75$3,273,113$470,736$111,136$1,520,037
76$3,529,954$416,786$37,842$1,579,019
77$3,810,567$357,765$0$1,643,766
78$4,117,299$293,351$0$1,722,736
79$4,452,737$223,198$0$1,817,214
80$4,819,728$146,946$0$1,920,844
81$5,221,404$64,211$0$2,034,647
82$5,661,219$0$0$2,159,754
83$6,142,973$0$0$2,310,562
84$6,670,851$0$0$2,512,313
85$7,249,463$0$0$2,733,574
86$7,883,887$0$0$2,976,301
87$8,579,714$0$0$3,242,649
88$9,343,103$0$0$3,534,992
89$10,180,838$0$0$3,855,944
90$11,100,391$0$0$4,208,385
91$12,109,994$0$0$4,595,488
92$13,218,712$0$0$5,020,748
93$14,436,535$0$0$5,488,014
94$15,774,466$0$0$6,001,529
95$17,244,626$0$0$6,565,966
96$18,860,369$0$0$7,186,471
97$20,636,407$0$0$7,868,718
98$22,588,947$0$0$8,618,954
99$24,735,847$0$0$9,444,065
100$27,096,780$0$0$10,351,635