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%13.6%
1 years$43,106$42,722$42,348$41,982$41,625$41,003
2 years$21,340$20,942$20,557$20,184$19,821$19,196
3 years$14,085$13,686$13,302$12,932$12,576$11,966
4 years$10,459$10,061$9,680$9,317$8,969$8,381
5 years$8,283$7,888$7,512$7,156$6,818$6,252
6 years$6,833$6,441$6,071$5,723$5,395$4,853
7 years$5,798$5,409$5,045$4,705$4,388$3,869
8 years$5,022$4,637$4,279$3,947$3,640$3,144
9 years$4,419$4,037$3,685$3,362$3,065$2,593
10 years$3,937$3,558$3,213$2,898$2,612$2,162
11 years$3,542$3,168$2,829$2,522$2,246$1,819
12 years$3,214$2,843$2,510$2,212$1,947$1,541
13 years$2,936$2,569$2,243$1,953$1,697$1,313
14 years$2,699$2,336$2,015$1,734$1,488$1,124
15 years$2,493$2,134$1,819$1,546$1,310$966
16 years$2,313$1,958$1,650$1,384$1,158$833
17 years$2,154$1,803$1,501$1,244$1,027$721
18 years$2,013$1,666$1,370$1,121$913$625
19 years$1,887$1,544$1,254$1,013$814$543
20 years$1,774$1,435$1,151$917$727$472
21 years$1,672$1,336$1,059$833$650$411
22 years$1,579$1,247$976$757$583$359
23 years$1,494$1,167$901$689$523$314
24 years$1,417$1,093$833$629$470$274
25 years$1,346$1,026$772$574$423$240
26 years$1,280$964$716$525$381$210
27 years$1,220$907$665$481$344$184
28 years$1,163$855$618$440$310$161
29 years$1,111$807$575$404$280$142
30 years$1,063$762$536$371$253$124
31 years$1,017$720$499$340$229$109
32 years$975$681$466$313$207$96
33 years$935$645$435$288$187$84
34 years$897$612$406$265$170$74
35 years$862$580$380$244$154$65
36 years$829$551$356$224$139$57
37 years$798$523$333$207$126$50
38 years$768$497$312$191$114$44
39 years$740$473$292$176$104$39
40 years$714$450$274$162$94$34
41 years$688$428$257$150$85$30
42 years$665$408$241$138$77$26
43 years$642$388$226$127$70$23
44 years$620$370$212$118$64$20
45 years$600$353$199$109$58$18
46 years$580$337$187$100$53$16
47 years$561$321$176$93$48$14
48 years$543$307$165$86$43$12
49 years$526$293$155$79$39$11
50 years$510$280$146$73$36$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $522,000, adding $4,318 every year, while hoping to spend $37,485 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: 46/40/14 Blend
52$522,000$522,000$522,000$522,000
53$579,698$552,032$543,941$603,879
54$598,943$539,198$522,279$608,273
55$618,896$524,478$498,636$608,879
56$639,587$507,742$472,904$608,714
57$661,052$488,849$444,973$607,722
58$683,328$467,651$414,728$605,841
59$706,453$443,992$382,048$603,009
60$730,471$417,706$346,806$599,160
61$755,425$388,620$308,869$594,224
62$781,363$356,547$268,101$588,127
63$808,336$321,292$224,357$580,793
64$836,401$282,649$177,487$572,141
65$865,614$240,400$127,334$562,088
66$896,040$194,313$73,733$550,544
67$927,747$144,145$16,514$537,417
68$960,808$89,639$0$522,611
69$995,301$30,522$0$512,679
70$1,031,313$0$0$503,926
71$1,068,934$0$0$508,545
72$1,108,263$0$0$527,432
73$1,149,409$0$0$547,207
74$1,192,487$0$0$567,928
75$1,237,623$0$0$589,656
76$1,284,953$0$0$612,460
77$1,334,625$0$0$636,415
78$1,386,799$0$0$661,599
79$1,441,651$0$0$688,100
80$1,499,370$0$0$716,014
81$1,560,162$0$0$745,443
82$1,624,252$0$0$776,501
83$1,691,886$0$0$809,309
84$1,763,330$0$0$844,003
85$1,838,875$0$0$880,728
86$1,918,841$0$0$919,644
87$2,003,574$0$0$960,925
88$2,093,453$0$0$1,004,763
89$2,188,893$0$0$1,051,365
90$2,290,349$0$0$1,100,961
91$2,398,316$0$0$1,153,799
92$2,513,338$0$0$1,210,155
93$2,636,009$0$0$1,270,326
94$2,766,981$0$0$1,334,642
95$2,906,969$0$0$1,403,463
96$3,056,755$0$0$1,477,183
97$3,217,198$0$0$1,556,236
98$3,389,238$0$0$1,641,096
99$3,573,908$0$0$1,732,284
100$3,772,343$0$0$1,830,373