Can I retire at age 53 with 452,000?

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 $452,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$37,326$36,993$36,669$36,352$36,043$35,461
2 years$18,478$18,134$17,800$17,477$17,163$16,578
3 years$12,196$11,851$11,518$11,198$10,889$10,319
4 years$9,056$8,712$8,382$8,067$7,766$7,216
5 years$7,172$6,830$6,505$6,196$5,904$5,375
6 years$5,917$5,577$5,257$4,955$4,671$4,165
7 years$5,021$4,684$4,369$4,074$3,799$3,315
8 years$4,349$4,015$3,705$3,418$3,152$2,690
9 years$3,826$3,496$3,191$2,911$2,654$2,214
10 years$3,409$3,081$2,782$2,509$2,262$1,843
11 years$3,067$2,743$2,449$2,184$1,945$1,547
12 years$2,783$2,462$2,174$1,916$1,685$1,308
13 years$2,543$2,225$1,942$1,691$1,470$1,113
14 years$2,337$2,022$1,745$1,501$1,288$951
15 years$2,158$1,847$1,575$1,339$1,134$815
16 years$2,003$1,695$1,428$1,199$1,003$702
17 years$1,865$1,561$1,300$1,077$889$606
18 years$1,743$1,442$1,186$971$790$524
19 years$1,634$1,337$1,086$877$705$454
20 years$1,536$1,242$997$794$629$394
21 years$1,448$1,157$917$721$563$343
22 years$1,367$1,080$845$656$505$298
23 years$1,294$1,010$780$597$453$260
24 years$1,227$947$722$544$407$227
25 years$1,165$888$668$497$366$198
26 years$1,109$835$620$455$330$173
27 years$1,056$786$576$416$298$151
28 years$1,007$740$535$381$269$132
29 years$962$698$498$350$243$116
30 years$920$660$464$321$219$101
31 years$881$624$432$295$198$89
32 years$844$590$403$271$179$78
33 years$809$559$377$249$162$68
34 years$777$530$352$229$147$60
35 years$747$502$329$211$133$52
36 years$718$477$308$194$120$46
37 years$691$453$288$179$109$40
38 years$665$430$270$165$99$35
39 years$641$409$253$152$90$31
40 years$618$389$237$140$81$27
41 years$596$371$222$129$74$24
42 years$575$353$208$119$67$21
43 years$556$336$196$110$61$18
44 years$537$321$184$102$55$16
45 years$519$306$172$94$50$14
46 years$502$292$162$87$46$12
47 years$486$278$152$80$41$11
48 years$470$266$143$74$38$10
49 years$456$254$134$69$34$8
50 years$441$242$126$63$31$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $452,000, adding $4,968 every year, while hoping to spend $21,641 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: 58/19/23 Blend
52$452,000$452,000$452,000$452,000
53$503,228$479,272$472,266$529,037
54$531,532$479,731$465,062$547,651
55$561,997$479,487$456,890$565,187
56$594,821$478,482$447,696$583,838
57$630,222$476,657$437,423$603,718
58$668,438$473,946$426,010$624,951
59$709,730$470,281$413,393$647,677
60$754,387$465,589$399,506$672,048
61$802,726$459,795$384,281$698,237
62$855,094$452,814$367,644$726,431
63$911,874$444,563$349,521$756,841
64$973,487$434,948$329,831$789,698
65$1,040,395$423,873$308,493$825,258
66$1,113,108$411,235$285,420$863,808
67$1,192,184$396,925$260,522$905,660
68$1,278,242$380,829$233,704$951,164
69$1,371,957$362,825$204,867$1,000,706
70$1,474,077$342,783$173,910$1,054,711
71$1,585,421$320,568$140,725$1,113,653
72$1,706,893$296,035$105,199$1,178,052
73$1,839,489$269,033$67,215$1,248,488
74$1,984,301$239,400$26,651$1,325,597
75$2,142,536$206,967$0$1,410,087
76$2,315,519$171,553$0$1,506,821
77$2,504,712$132,968$0$1,619,823
78$2,711,722$91,013$0$1,743,534
79$2,938,320$45,476$0$1,879,044
80$3,186,456$0$0$2,027,554
81$3,458,278$0$0$2,191,198
82$3,756,150$0$0$2,380,981
83$4,082,677$0$0$2,589,060
84$4,440,726$0$0$2,817,267
85$4,833,457$0$0$3,067,621
86$5,264,350$0$0$3,342,346
87$5,737,236$0$0$3,643,891
88$6,256,339$0$0$3,974,952
89$6,826,309$0$0$4,338,502
90$7,452,268$0$0$4,737,815
91$8,139,859$0$0$5,176,497
92$8,895,300$0$0$5,658,520
93$9,725,438$0$0$6,188,261
94$10,637,820$0$0$6,770,541
95$11,640,756$0$0$7,410,673
96$12,743,405$0$0$8,114,509
97$13,955,857$0$0$8,888,497
98$15,289,226$0$0$9,739,739
99$16,755,759$0$0$10,676,065
100$18,368,951$0$0$11,706,095