How much do I need to retire at 55?

A 40-year retirement starting at 55 is not a 30-year 4% problem. This page sizes the number at 4.0% and checks a worked example from age 45.

The answer on these inputs

$90,000 a year at 4.0% needs $2,250,000 at age 55. Starting from $900,000 and adding $35,000 a year at 5.0% real, the portfolio at 55 is $1,906,231 — short by $343,769. Across 1,000 seeded paths, that projected nest egg funds the spend for 40 years in 23% of worlds.

What a nest egg funds from 55

Retiring at 55 means funding 40 years to 95. The 4.0% rule of thumb says $2,250,000 covers $90,000 a year. Across 1,000 paths that nest egg lasts to 95 in 34% of them on cautious returns and 56% on Trinity-style returns. For $90,000 a year to last in 9 of 10 paths, the nest egg at 55 needs to be about $3,430,000 on Trinity-style returns and $5,340,000 on cautious ones.

Highest yearly spending that lasts from 55 to 95 in 9 of 10 simulated paths
Nest egg at 55Cautious returnsTrinity-style returnsPer month, Trinity-style
$500,000$8,000$13,000$1,083
$1,000,000$16,500$26,000$2,167
$1,500,000$25,000$39,000$3,250
$2,000,000$33,500$52,500$4,375
$3,000,000$50,500$78,500$6,542

Cautious is 5% return, 15% volatility and 2% inflation, a stress case below long-run market history. Trinity-style is the Trinity study calculator's 7%, 12% and 3%.

Change the inputs

Number at retirement$2,250,000
Projected nest egg$1,906,231
Years of saving to the number12.5 years
1,000-path success23%

Why this age is different

The 4% rule was a 30-year result. Retiring at 55 with a plan to 95 is a 40-year problem. That is why the default rate here is 4.0%, not 4% borrowed from a shorter window. On Trinity-style returns, $2,000,000 supports about $52,500 a year from 55 and $58,000 from 60.

How much you need to retire at 35, 40, 45, 50, 60, 65.

Frequently asked questions

How much do I need to retire at 55?
Plan for 40 years to age 95. For $90,000 a year to last in 9 of 10 of this page’s 1,000 simulated paths, the nest egg at 55 needs to be about $3,430,000 on Trinity-style returns (7% return, 12% volatility) or $5,340,000 on cautious ones (5%, 15%). A 4% rule of thumb says $2,250,000.