Can I retire at age 53 with 435,000?

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 $435,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$35,922$35,602$35,290$34,985$34,688$33,631
2 years$17,783$17,452$17,131$16,820$16,518$15,463
3 years$11,738$11,405$11,085$10,777$10,480$9,459
4 years$8,716$8,384$8,067$7,764$7,474$6,495
5 years$6,903$6,573$6,260$5,963$5,682$4,747
6 years$5,695$5,367$5,059$4,769$4,496$3,607
7 years$4,832$4,508$4,204$3,921$3,656$2,813
8 years$4,185$3,864$3,566$3,289$3,033$2,235
9 years$3,683$3,364$3,071$2,802$2,554$1,800
10 years$3,281$2,965$2,677$2,415$2,176$1,465
11 years$2,952$2,640$2,357$2,102$1,872$1,203
12 years$2,678$2,369$2,092$1,844$1,622$993
13 years$2,447$2,141$1,869$1,628$1,415$825
14 years$2,249$1,946$1,679$1,445$1,240$687
15 years$2,077$1,778$1,516$1,288$1,092$575
16 years$1,927$1,631$1,375$1,154$965$482
17 years$1,795$1,502$1,251$1,037$856$406
18 years$1,678$1,388$1,142$934$761$342
19 years$1,573$1,287$1,045$844$678$288
20 years$1,478$1,196$959$765$606$244
21 years$1,393$1,114$882$694$542$206
22 years$1,316$1,040$813$631$486$174
23 years$1,245$972$751$575$436$148
24 years$1,181$911$694$524$392$125
25 years$1,121$855$643$479$353$106
26 years$1,067$803$597$438$318$90
27 years$1,016$756$554$401$286$77
28 years$970$713$515$367$258$65
29 years$926$672$479$337$233$55
30 years$885$635$446$309$211$47
31 years$848$600$416$284$191$40
32 years$812$568$388$261$172$34
33 years$779$538$363$240$156$29
34 years$748$510$339$221$141$25
35 years$719$483$317$203$128$21
36 years$691$459$296$187$116$18
37 years$665$436$277$172$105$15
38 years$640$414$260$159$95$13
39 years$617$394$243$146$86$11
40 years$595$375$228$135$78$9
41 years$574$357$214$125$71$8
42 years$554$340$201$115$65$7
43 years$535$324$188$106$59$6
44 years$517$308$177$98$53$5
45 years$500$294$166$91$48$4
46 years$483$281$156$84$44$4
47 years$468$268$146$77$40$3
48 years$453$256$138$71$36$3
49 years$438$244$129$66$33$2
50 years$425$233$122$61$30$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $435,000, adding $5,889 every year, while hoping to spend $28,037 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: 46/44/10 Blend
52$435,000$435,000$435,000$435,000
53$485,445$462,390$455,647$506,157
54$505,129$455,215$441,080$513,897
55$525,881$446,750$425,085$518,924
56$547,781$436,901$407,586$523,741
57$570,914$425,569$388,500$528,337
58$595,376$412,651$367,743$532,703
59$621,270$398,036$345,228$536,833
60$648,707$381,607$320,860$540,719
61$677,811$363,241$294,545$544,357
62$708,716$342,809$266,181$547,745
63$741,569$320,170$235,662$550,882
64$776,531$295,180$202,878$553,772
65$813,777$267,684$167,715$556,420
66$853,501$237,520$130,052$558,836
67$895,914$204,513$89,764$561,036
68$941,246$168,484$46,720$563,038
69$989,751$129,238$784$564,869
70$1,041,708$86,572$0$566,560
71$1,097,421$40,273$0$573,300
72$1,157,224$0$0$580,413
73$1,221,486$0$0$592,680
74$1,290,607$0$0$626,884
75$1,365,033$0$0$663,750
76$1,445,247$0$0$703,523
77$1,531,784$0$0$746,474
78$1,625,230$0$0$792,898
79$1,726,229$0$0$843,121
80$1,835,490$0$0$897,502
81$1,953,791$0$0$956,433
82$2,081,988$0$0$1,020,348
83$2,221,021$0$0$1,089,723
84$2,371,926$0$0$1,165,081
85$2,535,841$0$0$1,246,997
86$2,714,017$0$0$1,336,107
87$2,907,832$0$0$1,433,105
88$3,118,801$0$0$1,538,760
89$3,348,592$0$0$1,653,916
90$3,599,039$0$0$1,779,501
91$3,872,162$0$0$1,916,537
92$4,170,183$0$0$2,066,150
93$4,495,548$0$0$2,229,579
94$4,850,951$0$0$2,408,187
95$5,239,356$0$0$2,603,475
96$5,664,028$0$0$2,817,097
97$6,128,558$0$0$3,050,872
98$6,636,905$0$0$3,306,805
99$7,193,426$0$0$3,587,103
100$7,802,917$0$0$3,894,195