Can I retire at age 53 with 452,000?

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 $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%12.8%
1 years$37,326$36,993$36,669$36,352$36,043$35,622
2 years$18,478$18,134$17,800$17,477$17,163$16,740
3 years$12,196$11,851$11,518$11,198$10,889$10,476
4 years$9,056$8,712$8,382$8,067$7,766$7,367
5 years$7,172$6,830$6,505$6,196$5,904$5,519
6 years$5,917$5,577$5,257$4,955$4,671$4,302
7 years$5,021$4,684$4,369$4,074$3,799$3,445
8 years$4,349$4,015$3,705$3,418$3,152$2,813
9 years$3,826$3,496$3,191$2,911$2,654$2,330
10 years$3,409$3,081$2,782$2,509$2,262$1,953
11 years$3,067$2,743$2,449$2,184$1,945$1,651
12 years$2,783$2,462$2,174$1,916$1,685$1,406
13 years$2,543$2,225$1,942$1,691$1,470$1,204
14 years$2,337$2,022$1,745$1,501$1,288$1,036
15 years$2,158$1,847$1,575$1,339$1,134$896
16 years$2,003$1,695$1,428$1,199$1,003$777
17 years$1,865$1,561$1,300$1,077$889$676
18 years$1,743$1,442$1,186$971$790$589
19 years$1,634$1,337$1,086$877$705$515
20 years$1,536$1,242$997$794$629$450
21 years$1,448$1,157$917$721$563$395
22 years$1,367$1,080$845$656$505$347
23 years$1,294$1,010$780$597$453$305
24 years$1,227$947$722$544$407$268
25 years$1,165$888$668$497$366$236
26 years$1,109$835$620$455$330$208
27 years$1,056$786$576$416$298$184
28 years$1,007$740$535$381$269$162
29 years$962$698$498$350$243$143
30 years$920$660$464$321$219$126
31 years$881$624$432$295$198$112
32 years$844$590$403$271$179$99
33 years$809$559$377$249$162$87
34 years$777$530$352$229$147$77
35 years$747$502$329$211$133$68
36 years$718$477$308$194$120$60
37 years$691$453$288$179$109$54
38 years$665$430$270$165$99$47
39 years$641$409$253$152$90$42
40 years$618$389$237$140$81$37
41 years$596$371$222$129$74$33
42 years$575$353$208$119$67$29
43 years$556$336$196$110$61$26
44 years$537$321$184$102$55$23
45 years$519$306$172$94$50$20
46 years$502$292$162$87$46$18
47 years$486$278$152$80$41$16
48 years$470$266$143$74$38$14
49 years$456$254$134$69$34$13
50 years$441$242$126$63$31$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $452,000, adding $4,438 every year, while hoping to spend $33,087 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: 53/26/21 Blend
52$452,000$452,000$452,000$452,000
53$502,682$478,726$471,720$526,206
54$518,751$466,979$452,318$531,114
55$535,350$453,548$431,158$532,635
56$552,499$438,315$408,144$533,586
57$570,217$421,155$383,180$533,923
58$588,525$401,937$356,162$533,601
59$607,445$380,523$326,984$532,571
60$627,000$356,764$295,534$530,782
61$647,214$330,505$261,694$528,180
62$668,112$301,582$225,343$524,709
63$689,720$269,820$186,353$520,310
64$712,066$235,036$144,590$514,919
65$735,179$197,036$99,917$508,470
66$759,091$155,613$52,187$500,894
67$783,832$110,552$1,249$492,118
68$809,437$61,624$0$482,065
69$835,942$8,586$0$482,554
70$863,384$0$0$482,674
71$891,805$0$0$496,059
72$921,245$0$0$512,472
73$951,751$0$0$529,483
74$983,369$0$0$547,119
75$1,016,150$0$0$565,407
76$1,050,147$0$0$584,379
77$1,085,419$0$0$604,067
78$1,122,025$0$0$624,506
79$1,160,030$0$0$645,732
80$1,199,504$0$0$667,786
81$1,240,521$0$0$690,709
82$1,283,159$0$0$714,547
83$1,327,504$0$0$739,348
84$1,373,646$0$0$765,164
85$1,421,683$0$0$792,051
86$1,471,719$0$0$820,068
87$1,523,868$0$0$849,282
88$1,578,249$0$0$879,760
89$1,634,994$0$0$911,579
90$1,694,244$0$0$944,818
91$1,756,150$0$0$979,566
92$1,820,877$0$0$1,015,918
93$1,888,603$0$0$1,053,975
94$1,959,519$0$0$1,093,848
95$2,033,835$0$0$1,135,658
96$2,111,776$0$0$1,179,536
97$2,193,588$0$0$1,225,622
98$2,279,536$0$0$1,274,070
99$2,369,910$0$0$1,325,049
100$2,465,025$0$0$1,378,739