Can I retire at age 53 with 1,900,000?

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 $1,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$156,900$155,503$154,139$152,808$151,509$147,906
2 years$77,673$76,227$74,825$73,465$72,147$68,538
3 years$51,268$49,815$48,417$47,070$45,773$42,271
4 years$38,068$36,619$35,235$33,911$32,646$29,278
5 years$30,150$28,710$27,344$26,047$24,817$21,592
6 years$24,873$23,444$22,098$20,830$19,637$16,559
7 years$21,105$19,688$18,363$17,126$15,970$13,039
8 years$18,280$16,876$15,574$14,366$13,249$10,463
9 years$16,085$14,694$13,414$12,237$11,157$8,515
10 years$14,329$12,952$11,694$10,548$9,506$7,005
11 years$12,894$11,530$10,295$9,180$8,176$5,812
12 years$11,698$10,349$9,137$8,052$7,085$4,854
13 years$10,688$9,353$8,163$7,109$6,178$4,076
14 years$9,822$8,501$7,335$6,310$5,416$3,438
15 years$9,073$7,766$6,622$5,628$4,769$2,911
16 years$8,418$7,125$6,004$5,039$4,214$2,472
17 years$7,840$6,562$5,463$4,528$3,737$2,104
18 years$7,328$6,064$4,987$4,080$3,323$1,795
19 years$6,869$5,620$4,566$3,687$2,962$1,534
20 years$6,457$5,222$4,190$3,339$2,645$1,313
21 years$6,085$4,864$3,854$3,031$2,367$1,125
22 years$5,747$4,540$3,552$2,755$2,122$965
23 years$5,439$4,247$3,280$2,509$1,905$829
24 years$5,157$3,979$3,033$2,289$1,712$712
25 years$4,898$3,734$2,809$2,090$1,541$613
26 years$4,660$3,509$2,606$1,911$1,388$527
27 years$4,439$3,303$2,420$1,749$1,251$454
28 years$4,235$3,112$2,249$1,603$1,129$391
29 years$4,045$2,936$2,093$1,470$1,019$337
30 years$3,868$2,773$1,950$1,349$921$290
31 years$3,702$2,621$1,818$1,239$833$250
32 years$3,548$2,480$1,696$1,139$753$216
33 years$3,403$2,349$1,583$1,047$682$186
34 years$3,266$2,226$1,479$963$617$161
35 years$3,138$2,111$1,383$887$559$138
36 years$3,018$2,004$1,294$817$507$119
37 years$2,904$1,903$1,211$752$459$103
38 years$2,796$1,809$1,134$694$416$89
39 years$2,694$1,720$1,063$640$377$77
40 years$2,598$1,636$996$590$342$66
41 years$2,506$1,558$934$544$311$57
42 years$2,419$1,484$876$502$282$49
43 years$2,336$1,414$822$464$256$43
44 years$2,257$1,347$772$428$232$37
45 years$2,182$1,285$725$395$211$32
46 years$2,111$1,226$681$365$191$27
47 years$2,043$1,170$639$337$174$24
48 years$1,977$1,117$601$312$158$20
49 years$1,915$1,066$565$288$143$18
50 years$1,855$1,019$531$266$130$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $1,900,000, adding $5,874 every year, while hoping to spend $59,214 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: 71/21/8 Blend
52$1,900,000$1,900,000$1,900,000$1,900,000
53$2,099,859$1,999,159$1,969,709$2,245,705
54$2,251,041$2,034,115$1,972,691$2,377,837
55$2,415,660$2,068,798$1,973,788$2,514,538
56$2,595,022$2,103,135$1,972,875$2,662,538
57$2,790,568$2,137,042$1,969,820$2,822,934
58$3,003,881$2,170,432$1,964,484$2,996,935
59$3,236,706$2,203,212$1,956,723$3,185,873
60$3,490,961$2,235,280$1,946,385$3,391,215
61$3,768,759$2,266,529$1,933,309$3,614,577
62$4,072,427$2,296,844$1,917,330$3,857,740
63$4,404,526$2,326,101$1,898,272$4,122,667
64$4,767,876$2,354,168$1,875,951$4,411,521
65$5,165,581$2,380,903$1,850,177$4,726,683
66$5,601,060$2,406,158$1,820,748$5,070,779
67$6,078,079$2,429,770$1,787,454$5,446,702
68$6,600,783$2,451,569$1,750,074$5,857,642
69$7,173,740$2,471,373$1,708,378$6,307,111
70$7,801,978$2,488,987$1,662,126$6,798,983
71$8,491,036$2,504,204$1,611,064$7,337,525
72$9,247,017$2,516,804$1,554,929$7,927,441
73$10,076,639$2,526,554$1,493,445$8,573,914
74$10,987,304$2,533,204$1,426,324$9,282,658
75$11,987,168$2,536,489$1,353,264$10,059,969
76$13,085,211$2,536,129$1,273,950$10,912,788
77$14,291,327$2,531,825$1,188,053$11,848,763
78$15,616,418$2,523,259$1,095,228$12,876,325
79$17,072,490$2,510,097$995,116$14,004,765
80$18,672,773$2,491,980$887,341$15,244,324
81$20,431,839$2,468,530$771,510$16,606,289
82$22,365,745$2,439,346$647,214$18,103,102
83$24,492,179$2,404,003$514,024$19,748,473
84$26,830,632$2,362,050$371,495$21,557,515
85$29,402,575$2,313,008$219,158$23,546,886
86$32,231,665$2,256,373$56,527$25,734,944
87$35,343,969$2,191,609$0$28,141,923
88$38,768,204$2,118,149$0$30,800,115
89$42,536,015$2,035,392$0$33,729,911
90$46,682,266$1,942,704$0$36,953,618
91$51,245,374$1,839,413$0$40,501,147
92$56,267,666$1,724,808$0$44,405,460
93$61,795,783$1,598,139$0$48,702,883
94$67,881,116$1,458,611$0$53,433,450
95$74,580,290$1,305,383$0$58,641,283
96$81,955,703$1,137,570$0$64,375,004
97$90,076,106$954,233$0$70,688,203
98$99,017,260$754,381$0$77,639,936
99$108,862,643$536,968$0$85,295,288
100$119,704,243$300,890$0$93,725,988