Can I retire at age 53 with 444,000?

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 $444,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$36,665$36,339$36,020$35,709$35,405$34,591
2 years$18,151$17,813$17,485$17,168$16,860$16,044
3 years$11,980$11,641$11,314$11,000$10,696$9,905
4 years$8,896$8,557$8,234$7,925$7,629$6,867
5 years$7,046$6,709$6,390$6,087$5,799$5,070
6 years$5,812$5,478$5,164$4,868$4,589$3,892
7 years$4,932$4,601$4,291$4,002$3,732$3,068
8 years$4,272$3,944$3,639$3,357$3,096$2,465
9 years$3,759$3,434$3,135$2,860$2,607$2,009
10 years$3,348$3,027$2,733$2,465$2,222$1,654
11 years$3,013$2,694$2,406$2,145$1,911$1,374
12 years$2,734$2,418$2,135$1,882$1,656$1,149
13 years$2,498$2,186$1,908$1,661$1,444$966
14 years$2,295$1,987$1,714$1,475$1,266$816
15 years$2,120$1,815$1,548$1,315$1,114$692
16 years$1,967$1,665$1,403$1,178$985$588
17 years$1,832$1,533$1,277$1,058$873$502
18 years$1,712$1,417$1,165$954$776$429
19 years$1,605$1,313$1,067$862$692$367
20 years$1,509$1,220$979$780$618$314
21 years$1,422$1,137$901$708$553$270
22 years$1,343$1,061$830$644$496$232
23 years$1,271$992$766$586$445$199
24 years$1,205$930$709$535$400$172
25 years$1,145$873$657$488$360$148
26 years$1,089$820$609$447$324$127
27 years$1,037$772$565$409$292$110
28 years$990$727$526$375$264$95
29 years$945$686$489$343$238$82
30 years$904$648$456$315$215$71
31 years$865$612$425$290$195$61
32 years$829$580$396$266$176$53
33 years$795$549$370$245$159$46
34 years$763$520$346$225$144$39
35 years$733$493$323$207$131$34
36 years$705$468$302$191$118$29
37 years$679$445$283$176$107$25
38 years$653$423$265$162$97$22
39 years$630$402$248$149$88$19
40 years$607$382$233$138$80$16
41 years$586$364$218$127$73$14
42 years$565$347$205$117$66$12
43 years$546$330$192$108$60$11
44 years$528$315$180$100$54$9
45 years$510$300$169$92$49$8
46 years$493$286$159$85$45$7
47 years$477$273$149$79$41$6
48 years$462$261$140$73$37$5
49 years$447$249$132$67$33$4
50 years$433$238$124$62$30$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $444,000, adding $3,321 every year, while hoping to spend $23,849 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: 80/12/8 Blend
52$444,000$444,000$444,000$444,000
53$492,714$469,182$462,300$531,351
54$517,595$466,796$452,411$554,766
55$544,215$463,495$441,393$576,979
56$572,727$459,207$429,181$600,640
57$603,295$453,859$415,709$625,878
58$636,105$447,371$400,908$652,842
59$671,356$439,661$384,707$681,691
60$709,269$430,639$367,030$712,602
61$750,087$420,213$347,797$745,771
62$794,075$408,282$326,928$781,413
63$841,525$394,743$304,335$819,765
64$892,758$379,483$279,928$861,089
65$948,128$362,386$253,613$905,673
66$1,008,021$343,327$225,293$953,836
67$1,072,863$322,174$194,865$1,005,926
68$1,143,123$298,788$162,220$1,062,333
69$1,219,315$273,023$127,249$1,123,480
70$1,302,006$244,722$89,833$1,189,839
71$1,391,819$213,722$49,850$1,261,929
72$1,489,439$179,848$7,174$1,340,320
73$1,595,618$142,917$0$1,425,643
74$1,711,188$102,737$0$1,521,869
75$1,837,059$59,100$0$1,627,355
76$1,974,236$11,793$0$1,742,346
77$2,123,823$0$0$1,867,788
78$2,287,037$0$0$2,009,927
79$2,465,216$0$0$2,166,811
80$2,659,834$0$0$2,338,181
81$2,872,513$0$0$2,525,466
82$3,105,038$0$0$2,730,242
83$3,359,376$0$0$2,954,241
84$3,637,692$0$0$3,199,371
85$3,942,369$0$0$3,467,735
86$4,276,033$0$0$3,761,645
87$4,641,574$0$0$4,083,651
88$5,042,176$0$0$4,436,558
89$5,481,345$0$0$4,823,458
90$5,962,942$0$0$5,247,754
91$6,491,221$0$0$5,713,195
92$7,070,866$0$0$6,223,912
93$7,707,038$0$0$6,784,454
94$8,405,419$0$0$7,399,830
95$9,172,273$0$0$8,075,560
96$10,014,494$0$0$8,817,725
97$10,939,681$0$0$9,633,022
98$11,956,205$0$0$10,528,830
99$13,073,285$0$0$11,513,277
100$14,301,080$0$0$12,595,319