Can I retire at age 53 with 526,000?

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 $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%11.3%
1 years$43,437$43,050$42,672$42,304$41,944$41,715
2 years$21,503$21,103$20,715$20,338$19,973$19,742
3 years$14,193$13,791$13,404$13,031$12,672$12,446
4 years$10,539$10,138$9,755$9,388$9,038$8,818
5 years$8,347$7,948$7,570$7,211$6,870$6,658
6 years$6,886$6,490$6,118$5,767$5,436$5,232
7 years$5,843$5,451$5,084$4,741$4,421$4,225
8 years$5,061$4,672$4,311$3,977$3,668$3,479
9 years$4,453$4,068$3,713$3,388$3,089$2,908
10 years$3,967$3,586$3,237$2,920$2,632$2,459
11 years$3,570$3,192$2,850$2,541$2,263$2,098
12 years$3,239$2,865$2,529$2,229$1,961$1,804
13 years$2,959$2,589$2,260$1,968$1,710$1,560
14 years$2,719$2,353$2,031$1,747$1,499$1,356
15 years$2,512$2,150$1,833$1,558$1,320$1,184
16 years$2,330$1,973$1,662$1,395$1,167$1,037
17 years$2,171$1,817$1,513$1,253$1,035$911
18 years$2,029$1,679$1,381$1,130$920$803
19 years$1,902$1,556$1,264$1,021$820$709
20 years$1,788$1,446$1,160$924$732$628
21 years$1,685$1,347$1,067$839$655$556
22 years$1,591$1,257$983$763$587$494
23 years$1,506$1,176$908$695$527$439
24 years$1,428$1,102$840$634$474$391
25 years$1,356$1,034$778$579$426$348
26 years$1,290$972$721$529$384$311
27 years$1,229$914$670$484$346$277
28 years$1,172$862$623$444$313$248
29 years$1,120$813$579$407$282$221
30 years$1,071$768$540$373$255$198
31 years$1,025$726$503$343$231$177
32 years$982$687$469$315$209$158
33 years$942$650$438$290$189$142
34 years$904$616$410$267$171$127
35 years$869$584$383$245$155$114
36 years$835$555$358$226$140$102
37 years$804$527$335$208$127$91
38 years$774$501$314$192$115$82
39 years$746$476$294$177$104$74
40 years$719$453$276$163$95$66
41 years$694$431$259$151$86$59
42 years$670$411$243$139$78$53
43 years$647$391$228$128$71$48
44 years$625$373$214$119$64$43
45 years$604$356$201$109$58$38
46 years$584$339$188$101$53$34
47 years$565$324$177$93$48$31
48 years$547$309$166$86$44$28
49 years$530$295$156$80$40$25
50 years$514$282$147$74$36$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $526,000, adding $3,138 every year, while hoping to spend $24,804 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: 66/14/20 Blend
52$526,000$526,000$526,000$526,000
53$582,889$555,011$546,858$618,229
54$615,952$555,815$538,786$643,123
55$651,557$555,827$529,613$667,192
56$689,935$554,983$519,275$692,914
57$731,344$553,212$507,706$720,452
58$776,064$550,443$494,837$749,984
59$824,405$546,596$480,596$781,711
60$876,705$541,591$464,907$815,851
61$933,339$535,338$447,691$852,646
62$994,716$527,747$428,866$892,364
63$1,061,289$518,718$408,344$935,302
64$1,133,553$508,147$386,036$981,786
65$1,212,054$495,926$361,847$1,032,179
66$1,297,393$481,935$335,679$1,086,879
67$1,390,230$466,054$307,427$1,146,327
68$1,491,293$448,149$276,985$1,211,010
69$1,601,381$428,085$244,240$1,281,468
70$1,721,374$405,713$209,074$1,358,294
71$1,852,240$380,879$171,365$1,442,145
72$1,995,047$353,421$130,984$1,533,746
73$2,150,967$323,164$87,797$1,633,897
74$2,321,293$289,925$41,665$1,743,482
75$2,507,446$253,513$0$1,863,478
76$2,710,991$213,721$0$1,996,576
77$2,933,654$170,335$0$2,151,944
78$3,177,332$123,127$0$2,322,030
79$3,444,115$71,855$0$2,508,317
80$3,736,305$16,266$0$2,712,441
81$4,056,436$0$0$2,936,207
82$4,407,300$0$0$3,188,368
83$4,791,971$0$0$3,467,607
84$5,213,835$0$0$3,773,880
85$5,676,622$0$0$4,109,899
86$6,184,438$0$0$4,478,651
87$6,741,808$0$0$4,883,426
88$7,353,717$0$0$5,327,849
89$8,025,655$0$0$5,815,912
90$8,763,668$0$0$6,352,012
91$9,574,420$0$0$6,940,996
92$10,465,250$0$0$7,588,200
93$11,444,243$0$0$8,299,505
94$12,520,306$0$0$9,081,387
95$13,703,254$0$0$9,940,985
96$15,003,897$0$0$10,886,160
97$16,434,148$0$0$11,925,576
98$18,007,129$0$0$13,068,777
99$19,737,301$0$0$14,326,278
100$21,640,594$0$0$15,709,666