Can I retire at age 53 with 539,000?

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 $539,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$44,510$44,114$43,727$43,349$42,981$42,373
2 years$22,035$21,624$21,227$20,841$20,467$19,856
3 years$14,544$14,132$13,735$13,353$12,985$12,390
4 years$10,799$10,388$9,996$9,620$9,261$8,686
5 years$8,553$8,145$7,757$7,389$7,040$6,487
6 years$7,056$6,651$6,269$5,909$5,571$5,040
7 years$5,987$5,585$5,209$4,858$4,530$4,023
8 years$5,186$4,788$4,418$4,075$3,758$3,273
9 years$4,563$4,168$3,805$3,471$3,165$2,702
10 years$4,065$3,674$3,317$2,992$2,697$2,256
11 years$3,658$3,271$2,921$2,604$2,319$1,900
12 years$3,319$2,936$2,592$2,284$2,010$1,612
13 years$3,032$2,653$2,316$2,017$1,753$1,375
14 years$2,786$2,412$2,081$1,790$1,536$1,179
15 years$2,574$2,203$1,879$1,597$1,353$1,015
16 years$2,388$2,021$1,703$1,430$1,196$876
17 years$2,224$1,862$1,550$1,284$1,060$759
18 years$2,079$1,720$1,415$1,158$943$659
19 years$1,949$1,594$1,295$1,046$840$573
20 years$1,832$1,481$1,189$947$750$500
21 years$1,726$1,380$1,093$860$672$436
22 years$1,630$1,288$1,008$782$602$381
23 years$1,543$1,205$930$712$540$333
24 years$1,463$1,129$861$649$486$292
25 years$1,390$1,059$797$593$437$256
26 years$1,322$996$739$542$394$224
27 years$1,259$937$686$496$355$197
28 years$1,201$883$638$455$320$173
29 years$1,147$833$594$417$289$152
30 years$1,097$787$553$383$261$134
31 years$1,050$744$516$351$236$118
32 years$1,006$704$481$323$214$103
33 years$965$666$449$297$193$91
34 years$927$631$420$273$175$80
35 years$890$599$392$252$159$70
36 years$856$568$367$232$144$62
37 years$824$540$344$213$130$55
38 years$793$513$322$197$118$48
39 years$764$488$301$181$107$42
40 years$737$464$283$167$97$37
41 years$711$442$265$154$88$33
42 years$686$421$249$142$80$29
43 years$663$401$233$132$73$26
44 years$640$382$219$121$66$23
45 years$619$364$206$112$60$20
46 years$599$348$193$104$54$18
47 years$579$332$181$96$49$15
48 years$561$317$170$88$45$14
49 years$543$302$160$82$41$12
50 years$526$289$151$76$37$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $539,000, adding $3,333 every year, while hoping to spend $40,822 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: 74/18/8 Blend
52$539,000$539,000$539,000$539,000
53$597,416$568,849$560,494$640,634
54$614,918$553,288$535,837$654,006
55$632,837$535,597$508,985$663,177
56$651,173$515,627$479,822$672,071
57$669,923$493,224$448,227$680,645
58$689,084$468,221$414,071$688,856
59$708,651$440,443$377,223$696,656
60$728,616$409,708$337,542$703,991
61$748,969$375,818$294,884$710,806
62$769,698$338,567$249,097$717,039
63$790,788$297,738$200,023$722,623
64$812,221$253,099$147,496$727,487
65$833,974$204,408$91,343$731,551
66$856,021$151,406$31,386$734,733
67$878,333$93,822$0$736,940
68$900,872$31,369$0$740,855
69$923,599$0$0$746,627
70$946,464$0$0$758,659
71$969,415$0$0$776,960
72$992,389$0$0$795,267
73$1,015,315$0$0$813,522
74$1,038,114$0$0$831,658
75$1,060,693$0$0$849,602
76$1,082,952$0$0$867,269
77$1,104,774$0$0$884,565
78$1,126,029$0$0$901,384
79$1,146,573$0$0$917,605
80$1,166,241$0$0$933,096
81$1,184,852$0$0$947,707
82$1,202,199$0$0$961,270
83$1,218,056$0$0$973,599
84$1,232,166$0$0$984,486
85$1,244,247$0$0$993,697
86$1,253,982$0$0$1,000,975
87$1,261,018$0$0$1,006,032
88$1,264,965$0$0$1,008,548
89$1,265,387$0$0$1,008,168
90$1,261,801$0$0$1,004,496
91$1,253,671$0$0$997,095
92$1,240,401$0$0$985,478
93$1,221,331$0$0$969,107
94$1,195,730$0$0$947,384
95$1,162,788$0$0$919,647
96$1,121,605$0$0$885,163
97$1,071,189$0$0$843,121
98$1,010,439$0$0$792,622
99$938,136$0$0$732,673
100$852,935$0$0$662,173