Can I retire at age 53 with 439,000?

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 $439,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$36,252$35,929$35,614$35,307$35,006$33,738
2 years$17,947$17,612$17,288$16,974$16,670$15,405
3 years$11,846$11,510$11,187$10,876$10,576$9,356
4 years$8,796$8,461$8,141$7,835$7,543$6,376
5 years$6,966$6,634$6,318$6,018$5,734$4,624
6 years$5,747$5,417$5,106$4,813$4,537$3,484
7 years$4,876$4,549$4,243$3,957$3,690$2,694
8 years$4,224$3,899$3,598$3,319$3,061$2,122
9 years$3,716$3,395$3,099$2,827$2,578$1,693
10 years$3,311$2,993$2,702$2,437$2,196$1,365
11 years$2,979$2,664$2,379$2,121$1,889$1,110
12 years$2,703$2,391$2,111$1,860$1,637$907
13 years$2,469$2,161$1,886$1,643$1,428$746
14 years$2,269$1,964$1,695$1,458$1,251$615
15 years$2,096$1,794$1,530$1,300$1,102$509
16 years$1,945$1,646$1,387$1,164$974$423
17 years$1,812$1,516$1,262$1,046$863$351
18 years$1,693$1,401$1,152$943$768$293
19 years$1,587$1,298$1,055$852$684$244
20 years$1,492$1,207$968$772$611$204
21 years$1,406$1,124$891$700$547$171
22 years$1,328$1,049$821$637$490$143
23 years$1,257$981$758$580$440$119
24 years$1,192$919$701$529$396$100
25 years$1,132$863$649$483$356$84
26 years$1,077$811$602$442$321$70
27 years$1,026$763$559$404$289$59
28 years$978$719$520$370$261$50
29 years$935$678$484$340$236$42
30 years$894$641$450$312$213$35
31 years$855$606$420$286$192$29
32 years$820$573$392$263$174$25
33 years$786$543$366$242$158$21
34 years$755$514$342$223$143$17
35 years$725$488$320$205$129$15
36 years$697$463$299$189$117$12
37 years$671$440$280$174$106$10
38 years$646$418$262$160$96$9
39 years$622$397$246$148$87$7
40 years$600$378$230$136$79$6
41 years$579$360$216$126$72$5
42 years$559$343$202$116$65$4
43 years$540$327$190$107$59$4
44 years$522$311$178$99$54$3
45 years$504$297$167$91$49$3
46 years$488$283$157$84$44$2
47 years$472$270$148$78$40$2
48 years$457$258$139$72$36$2
49 years$442$246$130$67$33$1
50 years$429$235$123$62$30$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $439,000, adding $4,577 every year, while hoping to spend $37,057 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: 42/50/8 Blend
52$439,000$439,000$439,000$439,000
53$488,499$465,232$458,428$507,683
54$498,898$448,600$434,357$504,874
55$509,115$429,911$408,237$497,728
56$519,093$409,025$379,962$489,144
57$528,768$385,795$349,417$479,004
58$538,066$360,063$316,487$467,184
59$546,907$331,664$281,047$453,549
60$555,199$300,423$242,970$437,954
61$562,841$266,155$202,121$420,245
62$569,719$228,665$158,360$400,255
63$575,707$187,746$111,542$377,805
64$580,664$143,181$61,514$352,703
65$584,433$94,738$8,116$324,743
66$586,839$42,174$0$293,702
67$587,689$0$0$263,514
68$586,767$0$0$238,884
69$583,833$0$0$236,497
70$578,623$0$0$233,023
71$570,841$0$0$228,325
72$560,161$0$0$222,252
73$546,221$0$0$214,634
74$528,621$0$0$205,285
75$506,916$0$0$193,998
76$480,614$0$0$180,546
77$449,173$0$0$164,673
78$411,990$0$0$146,102
79$368,400$0$0$124,523
80$317,668$0$0$99,593
81$258,978$0$0$70,935
82$191,433$0$0$38,131
83$114,038$0$0$720
84$25,697$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0