Can I retire at age 53 with 522,000?

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 $522,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$43,106$42,722$42,348$41,982$41,625$41,432
2 years$21,340$20,942$20,557$20,184$19,821$19,627
3 years$14,085$13,686$13,302$12,932$12,576$12,385
4 years$10,459$10,061$9,680$9,317$8,969$8,784
5 years$8,283$7,888$7,512$7,156$6,818$6,640
6 years$6,833$6,441$6,071$5,723$5,395$5,223
7 years$5,798$5,409$5,045$4,705$4,388$4,222
8 years$5,022$4,637$4,279$3,947$3,640$3,481
9 years$4,419$4,037$3,685$3,362$3,065$2,913
10 years$3,937$3,558$3,213$2,898$2,612$2,466
11 years$3,542$3,168$2,829$2,522$2,246$2,107
12 years$3,214$2,843$2,510$2,212$1,947$1,813
13 years$2,936$2,569$2,243$1,953$1,697$1,570
14 years$2,699$2,336$2,015$1,734$1,488$1,367
15 years$2,493$2,134$1,819$1,546$1,310$1,195
16 years$2,313$1,958$1,650$1,384$1,158$1,048
17 years$2,154$1,803$1,501$1,244$1,027$922
18 years$2,013$1,666$1,370$1,121$913$814
19 years$1,887$1,544$1,254$1,013$814$720
20 years$1,774$1,435$1,151$917$727$638
21 years$1,672$1,336$1,059$833$650$566
22 years$1,579$1,247$976$757$583$504
23 years$1,494$1,167$901$689$523$448
24 years$1,417$1,093$833$629$470$400
25 years$1,346$1,026$772$574$423$357
26 years$1,280$964$716$525$381$319
27 years$1,220$907$665$481$344$285
28 years$1,163$855$618$440$310$255
29 years$1,111$807$575$404$280$228
30 years$1,063$762$536$371$253$204
31 years$1,017$720$499$340$229$183
32 years$975$681$466$313$207$164
33 years$935$645$435$288$187$147
34 years$897$612$406$265$170$132
35 years$862$580$380$244$154$118
36 years$829$551$356$224$139$106
37 years$798$523$333$207$126$96
38 years$768$497$312$191$114$86
39 years$740$473$292$176$104$77
40 years$714$450$274$162$94$69
41 years$688$428$257$150$85$62
42 years$665$408$241$138$77$56
43 years$642$388$226$127$70$50
44 years$620$370$212$118$64$45
45 years$600$353$199$109$58$41
46 years$580$337$187$100$53$37
47 years$561$321$176$93$48$33
48 years$543$307$165$86$43$30
49 years$526$293$155$79$39$27
50 years$510$280$146$73$36$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $522,000, adding $2,047 every year, while hoping to spend $29,833 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: 36/42/22 Blend
52$522,000$522,000$522,000$522,000
53$577,355$549,689$541,598$594,237
54$604,504$544,882$528,000$601,987
55$633,421$538,839$512,946$607,439
56$664,257$531,469$496,356$612,719
57$697,174$522,674$478,147$617,832
58$732,351$512,351$458,230$622,781
59$769,984$500,389$436,515$627,577
60$810,288$486,674$412,904$632,231
61$853,499$471,083$387,298$636,760
62$899,876$453,485$359,591$641,186
63$949,701$433,744$329,675$645,536
64$1,003,286$411,713$297,436$649,843
65$1,060,974$387,239$262,752$654,149
66$1,123,139$360,160$225,500$658,502
67$1,190,195$330,304$185,550$662,960
68$1,262,594$297,487$142,765$667,593
69$1,340,834$261,520$97,003$672,480
70$1,425,462$222,198$48,116$677,717
71$1,517,080$179,306$0$683,412
72$1,616,350$132,619$0$690,642
73$1,723,997$81,897$0$710,717
74$1,840,822$26,888$0$732,534
75$1,967,703$0$0$756,325
76$2,105,609$0$0$797,451
77$2,255,604$0$0$855,764
78$2,418,857$0$0$919,298
79$2,596,657$0$0$988,566
80$2,790,421$0$0$1,064,126
81$3,001,710$0$0$1,146,598
82$3,232,241$0$0$1,236,660
83$3,483,903$0$0$1,335,062
84$3,758,776$0$0$1,442,627
85$4,059,152$0$0$1,560,262
86$4,387,550$0$0$1,688,967
87$4,746,748$0$0$1,829,841
88$5,139,801$0$0$1,984,094
89$5,570,076$0$0$2,153,061
90$6,041,278$0$0$2,338,211
91$6,557,489$0$0$2,541,160
92$7,123,204$0$0$2,763,690
93$7,743,372$0$0$3,007,763
94$8,423,446$0$0$3,275,540
95$9,169,431$0$0$3,569,401
96$9,987,939$0$0$3,891,968
97$10,886,258$0$0$4,246,130
98$11,872,410$0$0$4,635,068
99$12,955,236$0$0$5,062,285
100$14,144,474$0$0$5,531,644