Can I retire at age 53 with 812,000?

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 $812,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$67,054$66,457$65,874$65,305$64,750$64,181
2 years$33,195$32,577$31,978$31,397$30,833$30,260
3 years$21,910$21,289$20,692$20,116$19,562$19,002
4 years$16,269$15,650$15,058$14,493$13,952$13,409
5 years$12,885$12,270$11,686$11,132$10,606$10,083
6 years$10,630$10,019$9,444$8,902$8,392$7,889
7 years$9,020$8,414$7,848$7,319$6,825$6,342
8 years$7,812$7,212$6,656$6,140$5,662$5,199
9 years$6,874$6,280$5,733$5,230$4,768$4,325
10 years$6,124$5,535$4,998$4,508$4,063$3,640
11 years$5,510$4,928$4,400$3,923$3,494$3,090
12 years$5,000$4,423$3,905$3,441$3,028$2,643
13 years$4,568$3,997$3,489$3,038$2,640$2,274
14 years$4,198$3,633$3,135$2,697$2,315$1,967
15 years$3,877$3,319$2,830$2,405$2,038$1,708
16 years$3,597$3,045$2,566$2,154$1,801$1,488
17 years$3,351$2,804$2,335$1,935$1,597$1,301
18 years$3,132$2,591$2,131$1,744$1,420$1,140
19 years$2,936$2,402$1,951$1,576$1,266$1,001
20 years$2,760$2,232$1,791$1,427$1,131$880
21 years$2,601$2,079$1,647$1,295$1,012$776
22 years$2,456$1,940$1,518$1,178$907$685
23 years$2,325$1,815$1,402$1,072$814$605
24 years$2,204$1,700$1,296$978$732$535
25 years$2,093$1,596$1,201$893$658$474
26 years$1,991$1,500$1,114$817$593$420
27 years$1,897$1,411$1,034$748$535$373
28 years$1,810$1,330$961$685$482$331
29 years$1,729$1,255$895$628$436$294
30 years$1,653$1,185$833$576$394$261
31 years$1,582$1,120$777$529$356$232
32 years$1,516$1,060$725$487$322$206
33 years$1,454$1,004$677$447$291$183
34 years$1,396$951$632$412$264$163
35 years$1,341$902$591$379$239$145
36 years$1,290$856$553$349$216$129
37 years$1,241$813$518$322$196$115
38 years$1,195$773$485$296$178$103
39 years$1,151$735$454$273$161$91
40 years$1,110$699$426$252$146$81
41 years$1,071$666$399$233$133$73
42 years$1,034$634$374$215$120$65
43 years$998$604$351$198$109$58
44 years$965$576$330$183$99$51
45 years$933$549$310$169$90$46
46 years$902$524$291$156$82$41
47 years$873$500$273$144$74$36
48 years$845$477$257$133$67$32
49 years$818$456$241$123$61$29
50 years$793$435$227$114$56$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $812,000, adding $3,267 every year, while hoping to spend $51,151 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: 68/27/5 Blend
52$812,000$812,000$812,000$812,000
53$898,194$855,158$842,572$958,533
54$935,385$842,636$816,374$986,372
55$974,656$827,787$787,584$1,010,251
56$1,016,164$810,441$756,061$1,034,963
57$1,060,082$790,422$721,658$1,060,579
58$1,106,597$767,540$684,221$1,087,179
59$1,155,917$741,596$643,589$1,114,853
60$1,208,265$712,379$599,594$1,143,701
61$1,263,888$679,665$552,060$1,173,834
62$1,323,054$643,219$500,803$1,205,379
63$1,386,058$602,789$445,633$1,238,475
64$1,453,222$558,112$386,348$1,273,279
65$1,524,899$508,908$322,739$1,309,965
66$1,601,476$454,881$254,587$1,348,728
67$1,683,376$395,720$181,666$1,389,786
68$1,771,065$331,094$103,736$1,433,381
69$1,865,051$260,655$20,548$1,479,784
70$1,965,894$184,035$0$1,529,297
71$2,074,207$100,845$0$1,585,895
72$2,190,663$10,673$0$1,647,718
73$2,316,002$0$0$1,714,100
74$2,451,035$0$0$1,811,343
75$2,596,653$0$0$1,919,665
76$2,753,837$0$0$2,036,627
77$2,923,661$0$0$2,163,037
78$3,107,309$0$0$2,299,778
79$3,306,080$0$0$2,447,825
80$3,521,403$0$0$2,608,247
81$3,754,850$0$0$2,782,220
82$4,008,147$0$0$2,971,038
83$4,283,195$0$0$3,176,124
84$4,582,084$0$0$3,399,043
85$4,907,113$0$0$3,641,517
86$5,260,811$0$0$3,905,440
87$5,645,961$0$0$4,192,897
88$6,065,625$0$0$4,506,181
89$6,523,175$0$0$4,847,817
90$7,022,318$0$0$5,220,583
91$7,567,138$0$0$5,627,536
92$8,162,128$0$0$6,072,045
93$8,812,237$0$0$6,557,814
94$9,522,910$0$0$7,088,924
95$10,300,144$0$0$7,669,866
96$11,150,542$0$0$8,305,588
97$12,081,374$0$0$9,001,535
98$13,100,645$0$0$9,763,706
99$14,217,171$0$0$10,598,704
100$15,440,662$0$0$11,513,804