Can I retire at age 55 with 850,000?

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 $850,000?

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$70,192$69,567$68,957$68,362$67,780$67,072
2 years$34,749$34,101$33,474$32,866$32,276$31,563
3 years$22,936$22,286$21,660$21,058$20,477$19,782
4 years$17,030$16,382$15,763$15,171$14,605$13,931
5 years$13,488$12,844$12,233$11,653$11,102$10,453
6 years$11,127$10,488$9,886$9,319$8,785$8,161
7 years$9,442$8,808$8,215$7,661$7,144$6,546
8 years$8,178$7,550$6,967$6,427$5,927$5,355
9 years$7,196$6,574$6,001$5,474$4,991$4,444
10 years$6,410$5,794$5,232$4,719$4,253$3,731
11 years$5,768$5,158$4,606$4,107$3,658$3,160
12 years$5,234$4,630$4,088$3,602$3,170$2,696
13 years$4,781$4,184$3,652$3,180$2,764$2,314
14 years$4,394$3,803$3,281$2,823$2,423$1,995
15 years$4,059$3,474$2,963$2,518$2,133$1,728
16 years$3,766$3,188$2,686$2,254$1,885$1,502
17 years$3,507$2,936$2,444$2,026$1,672$1,309
18 years$3,278$2,713$2,231$1,825$1,486$1,143
19 years$3,073$2,514$2,043$1,649$1,325$1,001
20 years$2,889$2,336$1,875$1,494$1,183$878
21 years$2,722$2,176$1,724$1,356$1,059$772
22 years$2,571$2,031$1,589$1,233$949$679
23 years$2,433$1,900$1,467$1,123$852$598
24 years$2,307$1,780$1,357$1,024$766$528
25 years$2,191$1,670$1,257$935$689$466
26 years$2,085$1,570$1,166$855$621$411
27 years$1,986$1,478$1,082$783$560$364
28 years$1,894$1,392$1,006$717$505$322
29 years$1,809$1,313$936$658$456$285
30 years$1,730$1,240$872$603$412$252
31 years$1,656$1,173$813$554$373$223
32 years$1,587$1,109$759$509$337$198
33 years$1,522$1,051$708$468$305$176
34 years$1,461$996$662$431$276$156
35 years$1,404$945$619$397$250$138
36 years$1,350$897$579$365$227$123
37 years$1,299$851$542$337$205$109
38 years$1,251$809$507$310$186$97
39 years$1,205$769$475$286$169$86
40 years$1,162$732$446$264$153$76
41 years$1,121$697$418$243$139$68
42 years$1,082$664$392$225$126$60
43 years$1,045$632$368$207$114$53
44 years$1,010$603$345$192$104$47
45 years$976$575$324$177$94$42
46 years$944$548$304$163$86$37
47 years$914$523$286$151$78$33
48 years$885$500$269$139$71$29
49 years$857$477$253$129$64$26
50 years$830$456$238$119$58$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $850,000, adding $5,345 every year, while hoping to spend $47,056 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: 31/50/19 Blend
54$850,000$850,000$850,000$850,000
55$942,213$897,163$883,988$965,681
56$988,252$891,057$863,535$977,663
57$1,037,409$883,075$840,819$985,907
58$1,089,954$873,074$815,715$993,784
59$1,146,180$860,906$788,092$1,001,290
60$1,206,410$846,410$757,813$1,008,426
61$1,270,999$829,418$724,735$1,015,194
62$1,340,333$809,753$688,706$1,021,606
63$1,414,841$787,224$649,571$1,027,677
64$1,494,988$761,632$607,165$1,033,429
65$1,581,289$732,764$561,318$1,038,894
66$1,674,308$700,397$511,849$1,044,111
67$1,774,664$664,293$458,573$1,049,131
68$1,883,039$624,202$401,294$1,054,017
69$2,000,179$579,858$339,808$1,058,845
70$2,126,907$530,982$273,901$1,063,708
71$2,264,128$477,275$203,353$1,068,715
72$2,412,833$418,426$127,929$1,073,996
73$2,574,115$354,102$47,388$1,079,702
74$2,749,177$283,955$0$1,086,011
75$2,939,338$207,614$0$1,100,947
76$3,146,053$124,690$0$1,127,691
77$3,370,921$34,770$0$1,156,954
78$3,615,699$0$0$1,189,110
79$3,882,326$0$0$1,259,010
80$4,172,929$0$0$1,356,167
81$4,489,854$0$0$1,462,249
82$4,835,681$0$0$1,578,136
83$5,213,250$0$0$1,704,795
84$5,625,687$0$0$1,843,293
85$6,076,435$0$0$1,994,803
86$6,569,282$0$0$2,160,617
87$7,108,400$0$0$2,342,158
88$7,698,384$0$0$2,540,993
89$8,344,291$0$0$2,758,846
90$9,051,692$0$0$2,997,619
91$9,826,721$0$0$3,259,404
92$10,676,133$0$0$3,546,505
93$11,607,368$0$0$3,861,463
94$12,628,621$0$0$4,207,072
95$13,748,917$0$0$4,586,413
96$14,978,196$0$0$5,002,879
97$16,327,409$0$0$5,460,207
98$17,808,616$0$0$5,962,514
99$19,435,105$0$0$6,514,335
100$21,221,512$0$0$7,120,667