Can I retire at age 53 with 525,000?

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 $525,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$43,354$42,968$42,591$42,223$41,864$40,443
2 years$21,462$21,063$20,675$20,300$19,935$18,518
3 years$14,166$13,765$13,378$13,006$12,648$11,279
4 years$10,519$10,118$9,736$9,370$9,021$7,710
5 years$8,331$7,933$7,556$7,197$6,857$5,609
6 years$6,873$6,478$6,106$5,756$5,426$4,240
7 years$5,832$5,440$5,074$4,732$4,413$3,290
8 years$5,051$4,663$4,303$3,970$3,661$2,600
9 years$4,444$4,060$3,706$3,381$3,083$2,083
10 years$3,959$3,579$3,231$2,915$2,627$1,686
11 years$3,563$3,186$2,845$2,537$2,259$1,375
12 years$3,232$2,860$2,525$2,225$1,958$1,129
13 years$2,953$2,584$2,256$1,964$1,707$932
14 years$2,714$2,349$2,027$1,744$1,496$772
15 years$2,507$2,146$1,830$1,555$1,318$642
16 years$2,326$1,969$1,659$1,392$1,165$535
17 years$2,166$1,813$1,510$1,251$1,033$447
18 years$2,025$1,675$1,378$1,127$918$374
19 years$1,898$1,553$1,262$1,019$818$313
20 years$1,784$1,443$1,158$923$731$263
21 years$1,681$1,344$1,065$837$654$221
22 years$1,588$1,255$982$761$586$186
23 years$1,503$1,173$906$693$526$156
24 years$1,425$1,099$838$632$473$131
25 years$1,354$1,032$776$578$426$111
26 years$1,288$970$720$528$383$93
27 years$1,227$913$669$483$346$79
28 years$1,170$860$622$443$312$66
29 years$1,118$811$578$406$282$56
30 years$1,069$766$539$373$255$47
31 years$1,023$724$502$342$230$40
32 years$980$685$469$315$208$34
33 years$940$649$438$289$188$28
34 years$903$615$409$266$171$24
35 years$867$583$382$245$154$20
36 years$834$554$358$226$140$17
37 years$802$526$335$208$127$14
38 years$773$500$313$192$115$12
39 years$744$475$294$177$104$10
40 years$718$452$275$163$95$9
41 years$692$430$258$150$86$7
42 years$668$410$242$139$78$6
43 years$646$391$227$128$71$5
44 years$624$372$213$118$64$4
45 years$603$355$200$109$58$4
46 years$583$339$188$101$53$3
47 years$564$323$177$93$48$3
48 years$546$309$166$86$44$2
49 years$529$295$156$80$40$2
50 years$513$281$147$74$36$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $525,000, adding $6,921 every year, while hoping to spend $37,958 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: 41/48/11 Blend
52$525,000$525,000$525,000$525,000
53$585,689$557,864$549,727$607,525
54$605,042$544,812$527,755$610,480
55$625,097$529,849$503,776$609,368
56$645,886$512,840$477,681$607,321
57$667,441$493,644$449,358$604,268
58$689,799$472,111$418,690$600,137
59$712,997$448,083$385,555$594,852
60$737,075$421,392$349,824$588,332
61$762,077$391,861$311,364$580,493
62$788,049$359,302$270,034$571,244
63$815,040$323,517$225,690$560,491
64$843,101$284,297$178,178$548,137
65$872,290$241,420$127,340$534,076
66$902,667$194,653$73,009$518,200
67$934,297$143,749$15,012$500,393
68$967,249$88,446$0$480,536
69$1,001,598$28,470$0$464,005
70$1,037,425$0$0$447,403
71$1,074,817$0$0$448,114
72$1,113,867$0$0$464,576
73$1,154,677$0$0$481,796
74$1,197,357$0$0$499,823
75$1,242,024$0$0$518,707
76$1,288,807$0$0$538,507
77$1,337,845$0$0$559,284
78$1,389,288$0$0$581,104
79$1,443,301$0$0$604,040
80$1,500,061$0$0$628,171
81$1,559,761$0$0$653,583
82$1,622,611$0$0$680,368
83$1,688,840$0$0$708,630
84$1,758,698$0$0$738,479
85$1,832,455$0$0$770,035
86$1,910,407$0$0$803,432
87$1,992,879$0$0$838,813
88$2,080,223$0$0$876,336
89$2,172,824$0$0$916,173
90$2,271,103$0$0$958,513
91$2,375,522$0$0$1,003,561
92$2,486,583$0$0$1,051,544
93$2,604,839$0$0$1,102,708
94$2,730,892$0$0$1,157,323
95$2,865,404$0$0$1,215,687
96$3,009,099$0$0$1,278,124
97$3,162,770$0$0$1,344,991
98$3,327,289$0$0$1,416,677
99$3,503,608$0$0$1,493,612
100$3,692,776$0$0$1,576,266