Can I retire at age 55 with 825,000?

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 $825,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$68,128$67,521$66,929$66,351$65,787$65,100
2 years$33,727$33,098$32,490$31,899$31,327$30,635
3 years$22,261$21,630$21,023$20,438$19,875$19,200
4 years$16,529$15,900$15,299$14,725$14,175$13,522
5 years$13,091$12,466$11,873$11,310$10,776$10,146
6 years$10,800$10,180$9,595$9,045$8,526$7,921
7 years$9,164$8,549$7,974$7,436$6,934$6,354
8 years$7,938$7,328$6,762$6,238$5,753$5,197
9 years$6,984$6,380$5,824$5,313$4,845$4,314
10 years$6,222$5,624$5,078$4,580$4,128$3,621
11 years$5,599$5,007$4,470$3,986$3,550$3,067
12 years$5,080$4,494$3,967$3,496$3,076$2,617
13 years$4,641$4,061$3,545$3,087$2,683$2,246
14 years$4,265$3,691$3,185$2,740$2,352$1,937
15 years$3,940$3,372$2,875$2,444$2,071$1,677
16 years$3,655$3,094$2,607$2,188$1,830$1,457
17 years$3,404$2,849$2,372$1,966$1,623$1,270
18 years$3,182$2,633$2,166$1,772$1,443$1,110
19 years$2,983$2,440$1,982$1,601$1,286$972
20 years$2,804$2,267$1,819$1,450$1,149$853
21 years$2,642$2,112$1,674$1,316$1,028$749
22 years$2,496$1,972$1,542$1,196$921$659
23 years$2,362$1,844$1,424$1,090$827$581
24 years$2,239$1,728$1,317$994$743$512
25 years$2,127$1,621$1,220$908$669$452
26 years$2,023$1,524$1,131$830$603$399
27 years$1,928$1,434$1,051$760$543$353
28 years$1,839$1,351$977$696$490$312
29 years$1,756$1,275$909$638$443$276
30 years$1,679$1,204$847$586$400$245
31 years$1,608$1,138$789$538$362$217
32 years$1,540$1,077$736$494$327$192
33 years$1,477$1,020$688$455$296$170
34 years$1,418$967$642$418$268$151
35 years$1,363$917$601$385$243$134
36 years$1,310$870$562$355$220$119
37 years$1,261$826$526$327$199$106
38 years$1,214$785$492$301$181$94
39 years$1,170$747$461$278$164$83
40 years$1,128$711$432$256$149$74
41 years$1,088$676$406$236$135$66
42 years$1,050$644$380$218$122$58
43 years$1,014$614$357$201$111$52
44 years$980$585$335$186$101$46
45 years$948$558$315$172$92$41
46 years$917$532$295$159$83$36
47 years$887$508$278$147$75$32
48 years$859$485$261$135$69$29
49 years$831$463$245$125$62$25
50 years$805$442$231$116$57$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $825,000, adding $5,297 every year, while hoping to spend $40,264 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: 44/41/15 Blend
54$825,000$825,000$825,000$825,000
55$914,614$870,889$858,101$950,683
56$965,064$870,722$844,007$976,270
57$1,019,310$869,197$828,091$999,544
58$1,077,698$866,206$810,250$1,023,900
59$1,140,605$861,632$790,376$1,049,455
60$1,208,448$855,353$768,355$1,076,340
61$1,281,683$847,239$744,068$1,104,702
62$1,360,812$837,151$717,391$1,134,706
63$1,446,387$824,943$688,196$1,166,537
64$1,539,014$810,461$656,346$1,200,401
65$1,639,359$793,539$621,699$1,236,529
66$1,748,156$774,004$584,108$1,275,178
67$1,866,209$751,672$543,418$1,316,635
68$1,994,406$726,348$499,466$1,361,223
69$2,133,721$697,825$452,083$1,409,298
70$2,285,227$665,884$401,094$1,461,259
71$2,450,103$630,295$346,314$1,517,552
72$2,629,647$590,813$287,549$1,578,669
73$2,825,289$547,181$224,599$1,645,162
74$3,038,599$499,124$157,255$1,717,643
75$3,271,309$446,353$85,295$1,796,793
76$3,525,323$388,565$8,493$1,883,369
77$3,802,736$325,435$0$1,978,211
78$4,105,858$256,624$0$2,094,013
79$4,437,228$181,771$0$2,222,267
80$4,799,644$100,497$0$2,362,806
81$5,196,185$12,399$0$2,516,949
82$5,630,244$0$0$2,686,160
83$6,105,554$0$0$2,909,477
84$6,626,228$0$0$3,160,335
85$7,196,795$0$0$3,435,335
86$7,822,242$0$0$3,736,893
87$8,508,063$0$0$4,067,672
88$9,260,309$0$0$4,430,603
89$10,085,643$0$0$4,828,915
90$10,991,406$0$0$5,266,167
91$11,985,683$0$0$5,746,277
92$13,077,380$0$0$6,273,561
93$14,276,309$0$0$6,852,774
94$15,593,277$0$0$7,489,156
95$17,040,191$0$0$8,188,477
96$18,630,167$0$0$8,957,094
97$20,377,655$0$0$9,802,012
98$22,298,573$0$0$10,730,948
99$24,410,460$0$0$11,752,403
100$26,732,639$0$0$12,875,743