Can I retire at age 53 with 337,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $337,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$27,829$27,581$27,339$27,103$26,873$26,614
2 years$13,777$13,520$13,272$13,030$12,797$12,536
3 years$9,093$8,836$8,588$8,349$8,119$7,864
4 years$6,752$6,495$6,250$6,015$5,790$5,544
5 years$5,348$5,092$4,850$4,620$4,402$4,164
6 years$4,412$4,158$3,919$3,695$3,483$3,255
7 years$3,743$3,492$3,257$3,038$2,833$2,614
8 years$3,242$2,993$2,762$2,548$2,350$2,140
9 years$2,853$2,606$2,379$2,170$1,979$1,778
10 years$2,542$2,297$2,074$1,871$1,686$1,495
11 years$2,287$2,045$1,826$1,628$1,450$1,268
12 years$2,075$1,836$1,621$1,428$1,257$1,083
13 years$1,896$1,659$1,448$1,261$1,096$931
14 years$1,742$1,508$1,301$1,119$961$804
15 years$1,609$1,377$1,175$998$846$697
16 years$1,493$1,264$1,065$894$748$606
17 years$1,391$1,164$969$803$663$529
18 years$1,300$1,075$885$724$589$463
19 years$1,218$997$810$654$525$406
20 years$1,145$926$743$592$469$357
21 years$1,079$863$684$538$420$314
22 years$1,019$805$630$489$376$277
23 years$965$753$582$445$338$244
24 years$915$706$538$406$304$216
25 years$869$662$498$371$273$191
26 years$827$622$462$339$246$169
27 years$787$586$429$310$222$149
28 years$751$552$399$284$200$132
29 years$717$521$371$261$181$117
30 years$686$492$346$239$163$104
31 years$657$465$322$220$148$92
32 years$629$440$301$202$134$82
33 years$604$417$281$186$121$73
34 years$579$395$262$171$109$65
35 years$557$374$245$157$99$57
36 years$535$355$230$145$90$51
37 years$515$338$215$133$81$45
38 years$496$321$201$123$74$40
39 years$478$305$188$113$67$36
40 years$461$290$177$105$61$32
41 years$444$276$166$97$55$28
42 years$429$263$155$89$50$25
43 years$414$251$146$82$45$22
44 years$400$239$137$76$41$20
45 years$387$228$129$70$37$18
46 years$374$217$121$65$34$16
47 years$362$207$113$60$31$14
48 years$351$198$107$55$28$13
49 years$340$189$100$51$25$11
50 years$329$181$94$47$23$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $337,000, adding $3,937 every year, while hoping to spend $25,723 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: 67/18/15 Blend
52$337,000$337,000$337,000$337,000
53$375,435$357,574$352,351$399,005
54$386,360$347,726$336,785$405,382
55$397,538$336,533$319,836$408,965
56$408,966$323,903$301,430$412,238
57$420,643$309,737$281,490$415,169
58$432,565$293,930$259,936$417,723
59$444,726$276,372$236,684$419,862
60$457,122$256,948$211,647$421,548
61$469,743$235,533$184,732$422,736
62$482,580$211,998$155,844$423,380
63$495,622$186,205$124,883$423,431
64$508,855$158,008$91,746$422,833
65$522,262$127,254$56,323$421,530
66$535,823$93,780$18,501$419,459
67$549,517$57,415$0$416,552
68$563,318$17,978$0$416,237
69$577,195$0$0$418,324
70$591,115$0$0$424,681
71$605,038$0$0$434,591
72$618,922$0$0$444,459
73$632,714$0$0$454,249
74$646,360$0$0$463,917
75$659,794$0$0$473,417
76$672,945$0$0$482,694
77$685,732$0$0$491,688
78$698,063$0$0$500,333
79$709,837$0$0$508,551
80$720,941$0$0$516,260
81$731,246$0$0$523,363
82$740,610$0$0$529,756
83$748,875$0$0$535,321
84$755,864$0$0$539,927
85$761,380$0$0$543,427
86$765,204$0$0$545,660
87$767,091$0$0$546,445
88$766,772$0$0$545,582
89$763,946$0$0$542,848
90$758,279$0$0$537,996
91$749,401$0$0$530,751
92$736,901$0$0$520,812
93$720,324$0$0$507,840
94$699,167$0$0$491,462
95$672,871$0$0$471,267
96$640,819$0$0$446,797
97$602,325$0$0$417,545
98$556,633$0$0$382,953
99$502,906$0$0$342,402
100$440,219$0$0$295,206