Can I retire at age 55 with 837,000?

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 $837,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$69,119$68,503$67,902$67,316$66,744$64,427
2 years$34,217$33,580$32,962$32,363$31,783$29,472
3 years$22,585$21,945$21,329$20,736$20,164$17,933
4 years$16,770$16,132$15,522$14,939$14,381$12,247
5 years$13,282$12,648$12,046$11,474$10,932$8,900
6 years$10,957$10,328$9,735$9,176$8,650$6,721
7 years$9,297$8,673$8,090$7,544$7,035$5,209
8 years$8,053$7,434$6,861$6,329$5,836$4,112
9 years$7,086$6,473$5,909$5,391$4,915$3,290
10 years$6,312$5,706$5,152$4,647$4,188$2,659
11 years$5,680$5,079$4,535$4,044$3,602$2,167
12 years$5,153$4,559$4,025$3,547$3,121$1,777
13 years$4,708$4,120$3,596$3,132$2,722$1,464
14 years$4,327$3,745$3,231$2,780$2,386$1,211
15 years$3,997$3,421$2,917$2,479$2,101$1,005
16 years$3,708$3,139$2,645$2,220$1,857$837
17 years$3,454$2,891$2,407$1,995$1,646$698
18 years$3,228$2,671$2,197$1,797$1,464$583
19 years$3,026$2,476$2,011$1,624$1,305$488
20 years$2,845$2,300$1,846$1,471$1,165$409
21 years$2,681$2,143$1,698$1,335$1,043$343
22 years$2,532$2,000$1,565$1,214$935$288
23 years$2,396$1,871$1,445$1,105$839$242
24 years$2,272$1,753$1,336$1,008$754$203
25 years$2,158$1,645$1,238$921$679$171
26 years$2,053$1,546$1,148$842$611$144
27 years$1,956$1,455$1,066$771$551$121
28 years$1,865$1,371$991$706$497$102
29 years$1,782$1,293$922$647$449$86
30 years$1,704$1,221$859$594$406$72
31 years$1,631$1,155$801$546$367$61
32 years$1,563$1,093$747$502$332$51
33 years$1,499$1,035$698$461$300$43
34 years$1,439$981$652$424$272$36
35 years$1,383$930$609$391$246$31
36 years$1,329$883$570$360$223$26
37 years$1,279$838$534$331$202$22
38 years$1,232$797$500$306$183$18
39 years$1,187$758$468$282$166$15
40 years$1,144$721$439$260$151$13
41 years$1,104$686$411$240$137$11
42 years$1,066$654$386$221$124$9
43 years$1,029$623$362$204$113$8
44 years$994$594$340$189$102$7
45 years$961$566$319$174$93$6
46 years$930$540$300$161$84$5
47 years$900$515$282$149$77$4
48 years$871$492$265$137$70$3
49 years$844$470$249$127$63$3
50 years$817$449$234$117$57$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $837,000, adding $4,059 every year, while hoping to spend $51,498 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: 63/27/10 Blend
54$837,000$837,000$837,000$837,000
55$926,561$882,200$869,226$982,636
56$966,277$870,634$843,552$1,009,048
57$1,008,317$856,776$815,291$1,031,528
58$1,052,866$840,458$784,304$1,054,776
59$1,100,122$821,504$750,442$1,078,865
60$1,150,304$799,727$713,551$1,103,877
61$1,203,650$774,929$673,470$1,129,905
62$1,260,423$746,901$630,032$1,157,055
63$1,320,907$715,420$583,059$1,185,444
64$1,385,416$680,252$532,368$1,215,203
65$1,454,292$641,149$477,766$1,246,482
66$1,527,913$597,848$419,054$1,279,447
67$1,606,689$550,071$356,022$1,314,282
68$1,691,073$497,526$288,450$1,351,196
69$1,781,559$439,902$216,110$1,390,423
70$1,878,692$376,872$138,764$1,432,222
71$1,983,069$308,088$56,162$1,476,883
72$2,095,343$233,185$0$1,524,731
73$2,216,234$151,778$0$1,579,541
74$2,346,532$63,457$0$1,644,921
75$2,487,104$0$0$1,715,351
76$2,638,903$0$0$1,800,934
77$2,802,976$0$0$1,913,862
78$2,980,474$0$0$2,036,080
79$3,172,662$0$0$2,168,464
80$3,380,930$0$0$2,311,980
81$3,606,809$0$0$2,467,687
82$3,851,980$0$0$2,636,754
83$4,118,292$0$0$2,820,462
84$4,407,781$0$0$3,020,223
85$4,722,684$0$0$3,237,590
86$5,065,465$0$0$3,474,272
87$5,438,832$0$0$3,732,148
88$5,845,770$0$0$4,013,288
89$6,289,558$0$0$4,319,969
90$6,773,809$0$0$4,654,697
91$7,302,500$0$0$5,020,231
92$7,880,007$0$0$5,419,609
93$8,511,148$0$0$5,856,173
94$9,201,228$0$0$6,333,605
95$9,956,087$0$0$6,855,959
96$10,782,156$0$0$7,427,697
97$11,686,517$0$0$8,053,734
98$12,676,967$0$0$8,739,481
99$13,762,093$0$0$9,490,900
100$14,951,352$0$0$10,314,552