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%11.8%
1 years$68,210$67,603$67,010$66,431$65,866$65,369
2 years$33,767$33,139$32,529$31,938$31,365$30,864
3 years$22,288$21,656$21,048$20,463$19,899$19,409
4 years$16,549$15,920$15,318$14,743$14,192$13,718
5 years$13,107$12,481$11,887$11,324$10,789$10,331
6 years$10,813$10,192$9,607$9,056$8,537$8,096
7 years$9,175$8,559$7,983$7,445$6,943$6,519
8 years$7,947$7,337$6,770$6,246$5,760$5,354
9 years$6,993$6,388$5,831$5,320$4,850$4,462
10 years$6,229$5,631$5,084$4,586$4,133$3,761
11 years$5,605$5,013$4,476$3,991$3,554$3,200
12 years$5,086$4,499$3,972$3,501$3,080$2,742
13 years$4,646$4,066$3,549$3,091$2,686$2,364
14 years$4,270$3,696$3,189$2,743$2,354$2,048
15 years$3,944$3,376$2,879$2,447$2,073$1,782
16 years$3,659$3,098$2,610$2,191$1,832$1,556
17 years$3,408$2,853$2,375$1,968$1,625$1,363
18 years$3,186$2,636$2,168$1,774$1,444$1,197
19 years$2,986$2,443$1,985$1,603$1,287$1,053
20 years$2,807$2,270$1,822$1,452$1,150$928
21 years$2,646$2,115$1,676$1,317$1,029$820
22 years$2,499$1,974$1,544$1,198$922$725
23 years$2,365$1,846$1,426$1,091$828$642
24 years$2,242$1,730$1,319$995$744$570
25 years$2,130$1,623$1,221$909$670$506
26 years$2,026$1,526$1,133$831$603$449
27 years$1,930$1,436$1,052$761$544$399
28 years$1,841$1,353$978$697$491$355
29 years$1,758$1,276$910$639$443$316
30 years$1,681$1,205$848$586$400$282
31 years$1,610$1,139$790$539$362$251
32 years$1,542$1,078$737$495$327$224
33 years$1,479$1,021$688$455$296$199
34 years$1,420$968$643$419$268$178
35 years$1,364$918$601$386$243$159
36 years$1,312$871$563$355$220$142
37 years$1,262$827$527$327$200$126
38 years$1,216$786$493$302$181$113
39 years$1,171$748$462$278$164$101
40 years$1,129$711$433$256$149$90
41 years$1,089$677$406$237$135$80
42 years$1,052$645$381$218$123$72
43 years$1,016$615$357$202$111$64
44 years$981$586$335$186$101$57
45 years$949$559$315$172$92$51
46 years$918$533$296$159$83$46
47 years$888$508$278$147$76$41
48 years$860$485$261$136$69$37
49 years$832$464$245$125$62$33
50 years$806$443$231$116$57$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $826,000, adding $4,239 every year, while hoping to spend $35,028 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: 66/24/10 Blend
54$826,000$826,000$826,000$826,000
55$914,625$870,847$858,044$972,787
56$970,647$876,248$849,518$1,017,445
57$1,031,209$880,741$839,534$1,061,689
58$1,096,738$884,243$828,004$1,109,139
59$1,167,702$886,667$814,838$1,160,105
60$1,244,615$887,922$799,943$1,214,929
61$1,328,045$887,909$783,220$1,273,987
62$1,418,613$886,525$764,566$1,337,696
63$1,517,006$883,658$743,873$1,406,515
64$1,623,976$879,193$721,028$1,480,951
65$1,740,352$873,004$695,913$1,561,564
66$1,867,046$864,959$668,405$1,648,971
67$2,005,063$854,920$638,374$1,743,854
68$2,155,506$842,738$605,686$1,846,965
69$2,319,591$828,255$570,200$1,959,134
70$2,498,655$811,306$531,768$2,081,277
71$2,694,172$791,714$490,236$2,214,405
72$2,907,762$769,292$445,443$2,359,633
73$3,141,210$743,844$397,222$2,518,192
74$3,396,480$715,159$345,396$2,691,442
75$3,675,737$683,018$289,782$2,880,880
76$3,981,361$647,185$230,189$3,088,161
77$4,315,976$607,413$166,416$3,315,109
78$4,682,470$563,440$98,256$3,563,739
79$5,084,024$514,991$25,489$3,836,270
80$5,524,140$461,771$0$4,135,154
81$6,006,677$403,473$0$4,468,662
82$6,535,883$339,768$0$4,837,473
83$7,116,440$270,313$0$5,242,182
84$7,753,500$194,742$0$5,686,446
85$8,452,743$112,671$0$6,174,299
86$9,220,423$23,692$0$6,710,186
87$10,063,430$0$0$7,299,011
88$10,989,353$0$0$7,965,359
89$12,006,552$0$0$8,704,325
90$13,124,239$0$0$9,516,350
91$14,352,561$0$0$10,408,814
92$15,702,695$0$0$11,389,846
93$17,186,957$0$0$12,468,401
94$18,818,915$0$0$13,654,349
95$20,613,518$0$0$14,958,559
96$22,587,236$0$0$16,393,010
97$24,758,213$0$0$17,970,899
98$27,146,443$0$0$19,706,764
99$29,773,954$0$0$21,616,628
100$32,665,016$0$0$23,718,140