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%14.4%
1 years$68,128$67,521$66,929$66,351$65,787$64,591
2 years$33,727$33,098$32,490$31,899$31,327$30,126
3 years$22,261$21,630$21,023$20,438$19,875$18,707
4 years$16,529$15,900$15,299$14,725$14,175$13,049
5 years$13,091$12,466$11,873$11,310$10,776$9,694
6 years$10,800$10,180$9,595$9,045$8,526$7,491
7 years$9,164$8,549$7,974$7,436$6,934$5,946
8 years$7,938$7,328$6,762$6,238$5,753$4,810
9 years$6,984$6,380$5,824$5,313$4,845$3,948
10 years$6,222$5,624$5,078$4,580$4,128$3,276
11 years$5,599$5,007$4,470$3,986$3,550$2,742
12 years$5,080$4,494$3,967$3,496$3,076$2,311
13 years$4,641$4,061$3,545$3,087$2,683$1,959
14 years$4,265$3,691$3,185$2,740$2,352$1,668
15 years$3,940$3,372$2,875$2,444$2,071$1,426
16 years$3,655$3,094$2,607$2,188$1,830$1,223
17 years$3,404$2,849$2,372$1,966$1,623$1,051
18 years$3,182$2,633$2,166$1,772$1,443$906
19 years$2,983$2,440$1,982$1,601$1,286$783
20 years$2,804$2,267$1,819$1,450$1,149$677
21 years$2,642$2,112$1,674$1,316$1,028$586
22 years$2,496$1,972$1,542$1,196$921$508
23 years$2,362$1,844$1,424$1,090$827$441
24 years$2,239$1,728$1,317$994$743$384
25 years$2,127$1,621$1,220$908$669$334
26 years$2,023$1,524$1,131$830$603$290
27 years$1,928$1,434$1,051$760$543$253
28 years$1,839$1,351$977$696$490$220
29 years$1,756$1,275$909$638$443$192
30 years$1,679$1,204$847$586$400$167
31 years$1,608$1,138$789$538$362$146
32 years$1,540$1,077$736$494$327$127
33 years$1,477$1,020$688$455$296$111
34 years$1,418$967$642$418$268$97
35 years$1,363$917$601$385$243$85
36 years$1,310$870$562$355$220$74
37 years$1,261$826$526$327$199$65
38 years$1,214$785$492$301$181$56
39 years$1,170$747$461$278$164$49
40 years$1,128$711$432$256$149$43
41 years$1,088$676$406$236$135$38
42 years$1,050$644$380$218$122$33
43 years$1,014$614$357$201$111$29
44 years$980$585$335$186$101$25
45 years$948$558$315$172$92$22
46 years$917$532$295$159$83$19
47 years$887$508$278$147$75$17
48 years$859$485$261$135$69$15
49 years$831$463$245$125$62$13
50 years$805$442$231$116$57$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $825,000, adding $3,847 every year, while hoping to spend $38,542 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: 47/29/24 Blend
54$825,000$825,000$825,000$825,000
55$913,118$869,393$856,606$949,612
56$965,248$870,985$844,294$977,200
57$1,021,403$871,363$830,277$1,003,014
58$1,081,953$870,427$814,459$1,030,261
59$1,147,306$868,071$796,736$1,059,093
60$1,217,906$864,182$777,002$1,089,681
61$1,294,245$858,640$755,145$1,122,216
62$1,376,863$851,318$731,046$1,156,907
63$1,466,351$842,081$704,585$1,193,993
64$1,563,363$830,786$675,632$1,233,734
65$1,668,614$817,282$644,054$1,276,423
66$1,782,892$801,410$609,710$1,322,386
67$1,907,066$782,997$572,454$1,371,982
68$2,042,089$761,866$532,133$1,425,613
69$2,189,010$737,825$488,587$1,483,726
70$2,348,983$710,673$441,649$1,546,816
71$2,523,280$680,196$391,145$1,615,433
72$2,713,297$646,169$336,891$1,690,187
73$2,920,575$608,353$278,699$1,771,755
74$3,146,807$566,496$216,368$1,860,889
75$3,393,857$520,330$149,692$1,958,422
76$3,663,777$469,573$78,454$2,065,277
77$3,958,828$413,927$2,427$2,182,478
78$4,281,495$353,076$0$2,311,160
79$4,634,519$286,689$0$2,472,733
80$5,020,916$214,412$0$2,650,407
81$5,444,006$135,874$0$2,845,166
82$5,907,445$50,684$0$3,058,785
83$6,415,263$0$0$3,293,224
84$6,971,894$0$0$3,563,913
85$7,582,222$0$0$3,878,542
86$8,251,629$0$0$4,223,724
87$8,986,040$0$0$4,602,526
88$9,791,982$0$0$5,018,327
89$10,676,645$0$0$5,474,849
90$11,647,949$0$0$5,976,194
91$12,714,619$0$0$6,526,877
92$13,886,263$0$0$7,131,875
93$15,173,471$0$0$7,796,669
94$16,587,903$0$0$8,527,299
95$18,142,411$0$0$9,330,417
96$19,851,148$0$0$10,213,353
97$21,729,710$0$0$11,184,182
98$23,795,278$0$0$12,251,802
99$26,066,782$0$0$13,426,013
100$28,565,077$0$0$14,717,618