Can I retire at age 53 with 526,000?

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 $526,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$43,437$43,050$42,672$42,304$41,944$40,634
2 years$21,503$21,103$20,715$20,338$19,973$18,665
3 years$14,193$13,791$13,404$13,031$12,672$11,407
4 years$10,539$10,138$9,755$9,388$9,038$7,825
5 years$8,347$7,948$7,570$7,211$6,870$5,713
6 years$6,886$6,490$6,118$5,767$5,436$4,336
7 years$5,843$5,451$5,084$4,741$4,421$3,378
8 years$5,061$4,672$4,311$3,977$3,668$2,681
9 years$4,453$4,068$3,713$3,388$3,089$2,157
10 years$3,967$3,586$3,237$2,920$2,632$1,753
11 years$3,570$3,192$2,850$2,541$2,263$1,437
12 years$3,239$2,865$2,529$2,229$1,961$1,185
13 years$2,959$2,589$2,260$1,968$1,710$983
14 years$2,719$2,353$2,031$1,747$1,499$818
15 years$2,512$2,150$1,833$1,558$1,320$683
16 years$2,330$1,973$1,662$1,395$1,167$572
17 years$2,171$1,817$1,513$1,253$1,035$481
18 years$2,029$1,679$1,381$1,130$920$404
19 years$1,902$1,556$1,264$1,021$820$341
20 years$1,788$1,446$1,160$924$732$287
21 years$1,685$1,347$1,067$839$655$243
22 years$1,591$1,257$983$763$587$205
23 years$1,506$1,176$908$695$527$174
24 years$1,428$1,102$840$634$474$147
25 years$1,356$1,034$778$579$426$124
26 years$1,290$972$721$529$384$105
27 years$1,229$914$670$484$346$89
28 years$1,172$862$623$444$313$76
29 years$1,120$813$579$407$282$64
30 years$1,071$768$540$373$255$55
31 years$1,025$726$503$343$231$46
32 years$982$687$469$315$209$39
33 years$942$650$438$290$189$33
34 years$904$616$410$267$171$28
35 years$869$584$383$245$155$24
36 years$835$555$358$226$140$20
37 years$804$527$335$208$127$17
38 years$774$501$314$192$115$15
39 years$746$476$294$177$104$13
40 years$719$453$276$163$95$11
41 years$694$431$259$151$86$9
42 years$670$411$243$139$78$8
43 years$647$391$228$128$71$7
44 years$625$373$214$119$64$6
45 years$604$356$201$109$58$5
46 years$584$339$188$101$53$4
47 years$565$324$177$93$48$3
48 years$547$309$166$86$44$3
49 years$530$295$156$80$40$2
50 years$514$282$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 $526,000, adding $4,203 every year, while hoping to spend $33,362 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: 66/11/23 Blend
52$526,000$526,000$526,000$526,000
53$583,987$556,109$547,956$618,819
54$608,057$547,862$530,816$634,502
55$633,464$538,092$511,983$647,467
56$660,309$526,690$491,366$660,868
57$688,702$513,540$468,869$674,750
58$718,765$498,518$444,391$689,161
59$750,627$481,494$417,827$704,159
60$784,434$462,330$389,067$719,805
61$820,343$440,881$357,997$736,169
62$858,525$416,991$324,497$753,332
63$899,169$390,498$288,442$771,380
64$942,480$361,228$249,700$790,414
65$988,684$328,999$208,136$810,543
66$1,038,028$293,618$163,607$831,891
67$1,090,783$254,882$115,964$854,596
68$1,147,245$212,574$65,051$878,813
69$1,207,740$166,466$10,707$904,713
70$1,272,626$116,319$0$932,488
71$1,342,293$61,878$0$973,957
72$1,417,172$2,875$0$1,021,312
73$1,497,735$0$0$1,072,232
74$1,584,499$0$0$1,134,440
75$1,678,034$0$0$1,201,903
76$1,778,965$0$0$1,274,727
77$1,887,979$0$0$1,353,411
78$2,005,830$0$0$1,438,505
79$2,133,348$0$0$1,530,609
80$2,271,445$0$0$1,630,388
81$2,421,124$0$0$1,738,570
82$2,583,487$0$0$1,855,955
83$2,759,746$0$0$1,983,425
84$2,951,234$0$0$2,121,949
85$3,159,420$0$0$2,272,594
86$3,385,916$0$0$2,436,531
87$3,632,498$0$0$2,615,053
88$3,901,120$0$0$2,809,578
89$4,193,931$0$0$3,021,671
90$4,513,299$0$0$3,253,050
91$4,861,827$0$0$3,505,611
92$5,242,382$0$0$3,781,436
93$5,658,121$0$0$4,082,820
94$6,112,517$0$0$4,412,289
95$6,609,395$0$0$4,772,624
96$7,152,966$0$0$5,166,887
97$7,747,869$0$0$5,598,450
98$8,399,209$0$0$6,071,025
99$9,112,608$0$0$6,588,702
100$9,894,260$0$0$7,155,982