Can I retire at age 53 with 3,900,000?

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 $3,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$322,058$319,190$316,391$313,659$310,991$307,105
2 years$159,435$156,466$153,588$150,798$148,091$144,181
3 years$105,234$102,252$99,381$96,617$93,955$90,142
4 years$78,139$75,166$72,324$69,607$67,010$63,323
5 years$61,886$58,931$56,127$53,465$50,940$47,391
6 years$51,055$48,122$45,359$42,757$40,307$36,900
7 years$43,321$40,412$37,693$35,153$32,780$29,516
8 years$37,523$34,641$31,967$29,489$27,194$24,073
9 years$33,016$30,161$27,533$25,118$22,902$19,922
10 years$29,412$26,586$24,004$21,652$19,513$16,673
11 years$26,466$23,668$21,133$18,843$16,782$14,078
12 years$24,013$21,243$18,755$16,528$14,543$11,973
13 years$21,938$19,197$16,756$14,592$12,682$10,242
14 years$20,161$17,450$15,055$12,953$11,117$8,804
15 years$18,623$15,941$13,593$11,552$9,788$7,598
16 years$17,278$14,625$12,324$10,343$8,651$6,580
17 years$16,093$13,469$11,214$9,294$7,670$5,715
18 years$15,041$12,446$10,237$8,375$6,820$4,975
19 years$14,100$11,535$9,372$7,568$6,079$4,341
20 years$13,255$10,719$8,601$6,854$5,430$3,794
21 years$12,491$9,984$7,911$6,221$4,859$3,321
22 years$11,797$9,320$7,291$5,656$4,355$2,911
23 years$11,165$8,717$6,732$5,151$3,910$2,555
24 years$10,586$8,167$6,226$4,698$3,514$2,244
25 years$10,055$7,664$5,767$4,290$3,162$1,973
26 years$9,565$7,203$5,348$3,923$2,848$1,737
27 years$9,112$6,779$4,966$3,591$2,568$1,529
28 years$8,692$6,388$4,617$3,290$2,317$1,347
29 years$8,302$6,026$4,296$3,017$2,092$1,188
30 years$7,939$5,691$4,002$2,769$1,891$1,047
31 years$7,599$5,380$3,731$2,543$1,709$924
32 years$7,282$5,091$3,481$2,337$1,546$816
33 years$6,984$4,821$3,250$2,149$1,399$720
34 years$6,705$4,569$3,037$1,977$1,267$636
35 years$6,442$4,334$2,839$1,820$1,147$562
36 years$6,194$4,113$2,656$1,676$1,040$496
37 years$5,960$3,907$2,486$1,545$942$439
38 years$5,739$3,713$2,328$1,424$854$388
39 years$5,530$3,531$2,181$1,313$775$343
40 years$5,332$3,359$2,044$1,211$703$303
41 years$5,144$3,197$1,917$1,117$637$268
42 years$4,965$3,045$1,798$1,031$578$237
43 years$4,795$2,901$1,687$952$525$209
44 years$4,634$2,766$1,584$879$477$185
45 years$4,480$2,637$1,487$812$433$164
46 years$4,333$2,516$1,397$750$393$145
47 years$4,193$2,401$1,312$693$357$128
48 years$4,059$2,292$1,233$640$324$113
49 years$3,930$2,189$1,159$591$294$100
50 years$3,808$2,091$1,090$547$267$89

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $3,900,000, adding $6,437 every year, while hoping to spend $59,678 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: 66/21/13 Blend
52$3,900,000$3,900,000$3,900,000$3,900,000
53$4,304,440$4,097,740$4,037,290$4,575,282
54$4,679,996$4,235,032$4,109,042$4,894,065
55$5,091,858$4,377,052$4,181,198$5,234,764
56$5,543,667$4,523,967$4,253,708$5,605,649
57$6,039,433$4,675,953$4,326,519$6,009,668
58$6,583,572$4,833,191$4,399,573$6,450,064
59$7,180,948$4,995,869$4,472,811$6,930,409
60$7,836,921$5,164,183$4,546,167$7,454,637
61$8,557,395$5,338,336$4,619,571$8,027,075
62$9,348,871$5,518,536$4,692,948$8,652,490
63$10,218,514$5,705,003$4,766,221$9,336,131
64$11,174,217$5,897,963$4,839,304$10,083,776
65$12,224,675$6,097,650$4,912,107$10,901,788
66$13,379,465$6,304,309$4,984,537$11,797,177
67$14,649,142$6,518,192$5,056,490$12,777,660
68$16,045,333$6,739,561$5,127,861$13,851,738
69$17,580,848$6,968,690$5,198,535$15,028,772
70$19,269,800$7,205,862$5,268,392$16,319,074
71$21,127,740$7,451,370$5,337,304$17,734,001
72$23,171,801$7,705,519$5,405,135$19,286,066
73$25,420,861$7,968,625$5,471,743$20,989,047
74$27,895,720$8,241,018$5,536,977$22,858,127
75$30,619,294$8,523,040$5,600,677$24,910,027
76$33,616,838$8,815,044$5,662,675$27,163,170
77$36,916,173$9,117,399$5,722,792$29,637,850
78$40,547,959$9,430,487$5,780,842$32,356,424
79$44,545,976$9,754,707$5,836,626$35,343,524
80$48,947,448$10,090,470$5,889,935$38,626,287
81$53,793,391$10,438,206$5,940,551$42,234,608
82$59,128,998$10,798,360$5,988,241$46,201,427
83$65,004,071$11,171,395$6,032,763$50,563,033
84$71,473,485$11,557,791$6,073,859$55,359,411
85$78,597,708$11,958,050$6,111,260$60,634,614
86$86,443,370$12,372,690$6,144,683$66,437,181
87$95,083,893$12,802,252$6,173,830$72,820,593
88$104,600,184$13,247,296$6,198,386$79,843,776
89$115,081,394$13,708,406$6,218,025$87,571,657
90$126,625,767$14,186,187$6,232,398$96,075,777
91$139,341,556$14,681,272$6,241,145$105,434,963
92$153,348,055$15,194,314$6,243,883$115,736,072
93$168,776,716$15,725,996$6,240,214$127,074,810
94$185,772,397$16,277,025$6,229,716$139,556,634
95$204,494,722$16,848,140$6,211,952$153,297,746
96$225,119,590$17,440,105$6,186,459$168,426,189
97$247,840,837$18,053,719$6,152,754$185,083,054
98$272,872,061$18,689,809$6,110,330$203,423,810
99$300,448,640$19,349,239$6,058,655$223,619,773
100$330,829,955$20,032,906$5,997,174$245,859,718