Can I retire at 55 with $750,000 as a single person?

At 55, a single person with $750,000 has 12 years before a full Social Security check at 67, and that bridge is why the classic 4% rule overstates the safe budget here, as the comparison below shows. The useful question is which lever (spending, claim age or stock mix) you'd most want to flex if your number doesn't fit.

What 10,000 simulated retirements say

Your odds of lasting to 95 at each all-in monthly budget, in today's dollars. See how we ran these numbers.

The 4% rule versus the simulation

The 4% rule says $750,000 supports $2,500 a month from the portfolio. Add the $2,071 monthly Social Security we assume for you and the budget comes to $4,570. But benefits don't start until 67, so for the first 12 years the portfolio pays the whole $4,570 on its own. Simulated, that budget lasts to 95 in 42% of futures. The rule badly overstates what's safe here: a 12-year bridge to Social Security drains the portfolio before benefits arrive. The 90%-odds budget is $3,200.

How the money holds up over time

Spending $3,200 a month, the median simulated household still holds $1.09M at 85 (in today's dollars). In an unlucky future — the 10th percentile — it's down to $144K, and in a lucky one (90th percentile) it's $3.71M. Among the futures where the money lasts, the typical balance left at 95 is $1.73M — the cushion that a 90% target buys, more than the $750,000 you started with.

Push spending to $3,700 a month and about 24% of simulated futures run dry before 95. When that happens, the median age the money runs out is 81, and the earliest tenth of those failures arrive by 70. By then Social Security is paying, so running short means living on benefits alone for what could be a decade or more.

What moves the odds

Holding spending at $3,200 a month and changing one thing at a time, the biggest improvement comes from delaying Social Security to 70, which moves the odds from 91% to 93%. Delay pays because savings can carry three more years, and the 24% larger check then covers more of the budget for life, which matters most in the long-lived futures. The biggest downside is a 22% benefit cut from 2032, which takes the odds to 84%.

Our read

Three accounts, three tax treatments

With 12 years to fund before 67, the order you draw accounts in matters. A common sequence at 55: the old employer's 401(k) under the Rule of 55, then taxable savings, with Roth money saved for last. Each draws on a different tax treatment, and the mix decides both your tax bill and your marketplace subsidy.

At $3,200 a month the odds are 91%; claiming at 70 lifts them to 93%. If you can live with drawing harder on savings through your 60s, that delay buys a check about 24% larger than the full benefit, adjusted for inflation for life.

One mechanical detail protects that sequence. The Rule of 55 covers only the plan of the employer you leave, so rolling that 401(k) into an IRA before 59½ gives up penalty-free access. Keep it where it is until you've drawn what you need. Retiring at 60 would lift the safe budget to $3,700.

Related: How to retire at 55 without the 10% penalty

One benefit, one plan

No spousal or survivor benefit backs this plan up: your $2,071 check is the only income that can't run out. From 67 it covers 65% of $3,200; savings carry the rest for life. There's no partner to share two other costs with, either: the Administration for Community Living estimates almost 70% of people turning 65 will need some long-term care, which this simulation doesn't model, and the single-filer IRMAA surcharge applies above $109,000 of MAGI, half the joint level.

Sources: ACL — how much care will you need?

Your timeline from age 55

1. 55

   Rule of 55

   Leave your employer in or after the year you turn 55 and that 401(k) is penalty-free now. IRAs wait until 59½, by which point this budget will have drawn about $173K.

   Source: irs.gov
2. 61

   2032: projected trust-fund depletion

   About 78% of scheduled benefits payable without action from Congress (2026 Trustees Report): $456 a month less. Odds at $3,200: 84%.

   Source: ssa.gov
3. 62

   Earliest Social Security claim

   $1,450 a month for life (70% of $2,071). It cuts the odds at $3,200 to 88%.

   Source: ssa.gov
4. 65

   Medicare

   10 years of individual coverage: COBRA for up to 18 months, then a marketplace plan whose subsidy depends on your income, not your savings.

   Source: healthcare.gov
5. 67

   Full retirement age (our assumption)

   $2,071 a month, 12 years after you stop working: 65% of $3,200.

   Source: ssa.gov
6. 70

   Maximum Social Security

   $2,568 a month (124%). Waiting raises the odds at $3,200 to 93%.

   Source: ssa.gov
7. 75

   Required minimum distributions

   Born 1971, so RMDs start at 75 under SECURE 2.0, on a median $820K. From 63 on, conversion income counts toward Medicare's IRMAA surcharge, which applies above $109,000 of single MAGI.

   Source: irs.gov

How we ran these numbers

• You, 55, retiring in 2026 with $750,000 invested (home equity not counted) and no further contributions. Social Security of $2,071 a month at full retirement age, SSA's January 2026 average retired-worker benefit, claimed at 67 and indexed to inflation.
• 60/35/5 stocks, bonds and cash; spending flat in today's dollars, taxes and health insurance included; success means lasting to 95.

Benefit figures: SSA 2026 COLA fact sheet.

The methodology page documents every assumption and data source. Your own numbers will differ — run them below.