Can I retire at age 55 with 826,000?

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 $826,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$68,210$67,603$67,010$66,431$65,866$64,749
2 years$33,767$33,139$32,529$31,938$31,365$30,242
3 years$22,288$21,656$21,048$20,463$19,899$18,807
4 years$16,549$15,920$15,318$14,743$14,192$13,138
5 years$13,107$12,481$11,887$11,324$10,789$9,776
6 years$10,813$10,192$9,607$9,056$8,537$7,567
7 years$9,175$8,559$7,983$7,445$6,943$6,015
8 years$7,947$7,337$6,770$6,246$5,760$4,875
9 years$6,993$6,388$5,831$5,320$4,850$4,008
10 years$6,229$5,631$5,084$4,586$4,133$3,332
11 years$5,605$5,013$4,476$3,991$3,554$2,794
12 years$5,086$4,499$3,972$3,501$3,080$2,360
13 years$4,646$4,066$3,549$3,091$2,686$2,004
14 years$4,270$3,696$3,189$2,743$2,354$1,710
15 years$3,944$3,376$2,879$2,447$2,073$1,465
16 years$3,659$3,098$2,610$2,191$1,832$1,259
17 years$3,408$2,853$2,375$1,968$1,625$1,085
18 years$3,186$2,636$2,168$1,774$1,444$937
19 years$2,986$2,443$1,985$1,603$1,287$811
20 years$2,807$2,270$1,822$1,452$1,150$703
21 years$2,646$2,115$1,676$1,317$1,029$610
22 years$2,499$1,974$1,544$1,198$922$531
23 years$2,365$1,846$1,426$1,091$828$462
24 years$2,242$1,730$1,319$995$744$402
25 years$2,130$1,623$1,221$909$670$350
26 years$2,026$1,526$1,133$831$603$306
27 years$1,930$1,436$1,052$761$544$267
28 years$1,841$1,353$978$697$491$233
29 years$1,758$1,276$910$639$443$204
30 years$1,681$1,205$848$586$400$178
31 years$1,610$1,139$790$539$362$156
32 years$1,542$1,078$737$495$327$136
33 years$1,479$1,021$688$455$296$119
34 years$1,420$968$643$419$268$104
35 years$1,364$918$601$386$243$91
36 years$1,312$871$563$355$220$80
37 years$1,262$827$527$327$200$70
38 years$1,216$786$493$302$181$61
39 years$1,171$748$462$278$164$54
40 years$1,129$711$433$256$149$47
41 years$1,089$677$406$237$135$41
42 years$1,052$645$381$218$123$36
43 years$1,016$615$357$202$111$32
44 years$981$586$335$186$101$28
45 years$949$559$315$172$92$24
46 years$918$533$296$159$83$21
47 years$888$508$278$147$76$19
48 years$860$485$261$136$69$16
49 years$832$464$245$125$62$14
50 years$806$443$231$116$57$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $826,000, adding $3,760 every year, while hoping to spend $55,298 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: 60/10/30 Blend
54$826,000$826,000$826,000$826,000
55$914,130$870,352$857,549$961,311
56$948,535$854,163$827,441$977,802
57$984,596$835,327$794,470$989,587
58$1,022,423$813,656$758,483$1,001,313
59$1,062,136$788,952$719,318$1,012,987
60$1,103,866$761,003$676,808$1,024,622
61$1,147,755$729,586$630,775$1,036,233
62$1,193,956$694,466$581,036$1,047,840
63$1,242,636$655,392$527,398$1,059,468
64$1,293,980$612,101$469,661$1,071,149
65$1,348,186$564,313$407,614$1,082,920
66$1,405,470$511,734$341,038$1,094,826
67$1,466,070$454,051$269,705$1,106,919
68$1,530,244$390,935$193,375$1,119,263
69$1,598,275$322,037$111,800$1,131,930
70$1,670,472$246,989$24,717$1,145,005
71$1,747,172$165,403$0$1,158,587
72$1,828,743$76,868$0$1,194,625
73$1,915,591$0$0$1,241,275
74$2,008,158$0$0$1,292,957
75$2,106,927$0$0$1,357,166
76$2,212,430$0$0$1,425,793
77$2,325,248$0$0$1,499,220
78$2,446,018$0$0$1,577,869
79$2,575,440$0$0$1,662,201
80$2,714,281$0$0$1,752,721
81$2,863,383$0$0$1,849,985
82$3,023,668$0$0$1,954,603
83$3,196,152$0$0$2,067,242
84$3,381,947$0$0$2,188,639
85$3,582,277$0$0$2,319,601
86$3,798,484$0$0$2,461,014
87$4,032,045$0$0$2,613,852
88$4,284,582$0$0$2,779,187
89$4,557,878$0$0$2,958,197
90$4,853,892$0$0$3,152,174
91$5,174,780$0$0$3,362,543
92$5,522,911$0$0$3,590,867
93$5,900,891$0$0$3,838,870
94$6,311,586$0$0$4,108,443
95$6,758,149$0$0$4,401,670
96$7,244,049$0$0$4,720,843
97$7,773,103$0$0$5,068,482
98$8,349,510$0$0$5,447,363
99$8,977,893$0$0$5,860,540
100$9,663,338$0$0$6,311,373