Can I retire at age 53 with 536,000?

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 $536,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$44,262$43,868$43,483$43,108$42,741$41,930
2 years$21,912$21,504$21,108$20,725$20,353$19,539
3 years$14,463$14,053$13,659$13,279$12,913$12,121
4 years$10,739$10,331$9,940$9,567$9,210$8,446
5 years$8,505$8,099$7,714$7,348$7,001$6,268
6 years$7,017$6,614$6,234$5,876$5,540$4,839
7 years$5,954$5,554$5,180$4,831$4,505$3,836
8 years$5,157$4,761$4,393$4,053$3,737$3,100
9 years$4,538$4,145$3,784$3,452$3,147$2,541
10 years$4,042$3,654$3,299$2,976$2,682$2,106
11 years$3,637$3,253$2,904$2,590$2,306$1,760
12 years$3,300$2,920$2,578$2,272$1,999$1,482
13 years$3,015$2,638$2,303$2,005$1,743$1,254
14 years$2,771$2,398$2,069$1,780$1,528$1,067
15 years$2,559$2,191$1,868$1,588$1,345$911
16 years$2,375$2,010$1,694$1,422$1,189$780
17 years$2,212$1,851$1,541$1,277$1,054$670
18 years$2,067$1,711$1,407$1,151$937$576
19 years$1,938$1,585$1,288$1,040$835$497
20 years$1,822$1,473$1,182$942$746$429
21 years$1,717$1,372$1,087$855$668$371
22 years$1,621$1,281$1,002$777$599$321
23 years$1,534$1,198$925$708$537$279
24 years$1,455$1,122$856$646$483$242
25 years$1,382$1,053$793$590$435$210
26 years$1,315$990$735$539$391$182
27 years$1,252$932$683$494$353$158
28 years$1,195$878$635$452$318$138
29 years$1,141$828$590$415$288$120
30 years$1,091$782$550$381$260$104
31 years$1,044$739$513$349$235$91
32 years$1,001$700$478$321$212$79
33 years$960$663$447$295$192$69
34 years$921$628$417$272$174$60
35 years$885$596$390$250$158$52
36 years$851$565$365$230$143$46
37 years$819$537$342$212$130$40
38 years$789$510$320$196$117$35
39 years$760$485$300$180$106$30
40 years$733$462$281$166$97$26
41 years$707$439$263$154$88$23
42 years$682$419$247$142$79$20
43 years$659$399$232$131$72$18
44 years$637$380$218$121$65$15
45 years$616$362$204$112$59$13
46 years$595$346$192$103$54$12
47 years$576$330$180$95$49$10
48 years$558$315$169$88$45$9
49 years$540$301$159$81$40$8
50 years$523$287$150$75$37$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $536,000, adding $4,915 every year, while hoping to spend $20,755 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: 73/15/12 Blend
52$536,000$536,000$536,000$536,000
53$595,742$567,334$559,026$637,416
54$634,424$573,050$555,670$671,348
55$676,357$578,351$551,506$705,458
56$721,849$583,194$546,485$742,256
57$771,241$587,534$540,556$782,001
58$824,908$591,323$533,665$824,981
59$883,261$594,510$525,755$871,512
60$946,754$597,042$516,768$921,943
61$1,015,885$598,859$506,643$976,658
62$1,091,204$599,901$495,313$1,036,082
63$1,173,313$600,103$482,713$1,100,681
64$1,262,878$599,395$468,771$1,170,971
65$1,360,630$597,704$453,413$1,247,519
66$1,467,374$594,952$436,562$1,330,952
67$1,583,997$591,055$418,138$1,421,959
68$1,711,475$585,926$398,055$1,521,301
69$1,850,881$579,473$376,226$1,629,817
70$2,003,399$571,595$352,558$1,748,432
71$2,170,331$562,189$326,954$1,878,165
72$2,353,112$551,143$299,314$2,020,141
73$2,553,321$538,341$269,533$2,175,597
74$2,772,698$523,657$237,500$2,345,901
75$3,013,157$506,960$203,100$2,532,558
76$3,276,808$488,111$166,213$2,737,229
77$3,565,976$466,962$126,715$2,961,745
78$3,883,220$443,357$84,474$3,208,124
79$4,231,358$417,131$39,354$3,478,590
80$4,613,496$388,109$0$3,775,597
81$5,033,053$356,108$0$4,102,975
82$5,493,799$320,931$0$4,468,030
83$5,999,883$282,373$0$4,869,024
84$6,555,877$240,216$0$5,309,601
85$7,166,819$194,229$0$5,793,776
86$7,838,258$144,170$0$6,325,975
87$8,576,307$89,781$0$6,911,076
88$9,387,701$30,791$0$7,554,454
89$10,279,861$0$0$8,262,034
90$11,260,961$0$0$9,045,805
91$12,340,009$0$0$9,913,440
92$13,526,928$0$0$10,867,841
93$14,832,653$0$0$11,917,802
94$16,269,230$0$0$13,073,014
95$17,849,932$0$0$14,344,156
96$19,589,386$0$0$15,742,992
97$21,503,704$0$0$17,282,484
98$23,610,644$0$0$18,976,916
99$25,929,768$0$0$20,842,026
100$28,482,634$0$0$22,895,156