Can I retire at age 53 with 836,000?

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 $836,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$69,036$68,421$67,821$67,236$66,664$66,188
2 years$34,176$33,540$32,923$32,325$31,745$31,265
3 years$22,558$21,919$21,303$20,711$20,140$19,671
4 years$16,750$16,113$15,503$14,921$14,364$13,910
5 years$13,266$12,632$12,031$11,461$10,919$10,481
6 years$10,944$10,315$9,723$9,165$8,640$8,218
7 years$9,286$8,663$8,080$7,535$7,027$6,621
8 years$8,043$7,426$6,852$6,321$5,829$5,441
9 years$7,077$6,465$5,902$5,384$4,909$4,537
10 years$6,305$5,699$5,145$4,641$4,183$3,827
11 years$5,673$5,073$4,530$4,039$3,597$3,257
12 years$5,147$4,554$4,020$3,543$3,117$2,793
13 years$4,703$4,115$3,592$3,128$2,718$2,409
14 years$4,322$3,741$3,227$2,777$2,383$2,089
15 years$3,992$3,417$2,914$2,476$2,098$1,819
16 years$3,704$3,135$2,642$2,217$1,854$1,589
17 years$3,450$2,887$2,404$1,992$1,644$1,393
18 years$3,224$2,668$2,194$1,795$1,462$1,224
19 years$3,023$2,473$2,009$1,622$1,303$1,078
20 years$2,841$2,298$1,844$1,469$1,164$951
21 years$2,678$2,140$1,696$1,333$1,042$841
22 years$2,529$1,998$1,563$1,212$934$744
23 years$2,393$1,869$1,443$1,104$838$660
24 years$2,269$1,751$1,335$1,007$753$585
25 years$2,155$1,643$1,236$920$678$520
26 years$2,050$1,544$1,146$841$611$462
27 years$1,953$1,453$1,065$770$550$411
28 years$1,863$1,369$990$705$497$366
29 years$1,780$1,292$921$647$449$326
30 years$1,702$1,220$858$594$405$291
31 years$1,629$1,153$800$545$366$259
32 years$1,561$1,091$746$501$331$231
33 years$1,497$1,033$697$461$300$206
34 years$1,437$979$651$424$272$184
35 years$1,381$929$609$390$246$165
36 years$1,328$882$569$359$223$147
37 years$1,278$837$533$331$202$131
38 years$1,230$796$499$305$183$117
39 years$1,185$757$468$281$166$105
40 years$1,143$720$438$260$151$94
41 years$1,103$685$411$239$137$84
42 years$1,064$653$385$221$124$75
43 years$1,028$622$362$204$113$67
44 years$993$593$340$188$102$60
45 years$960$565$319$174$93$54
46 years$929$539$299$161$84$48
47 years$899$515$281$148$76$43
48 years$870$491$264$137$69$38
49 years$843$469$248$127$63$34
50 years$816$448$234$117$57$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $836,000, adding $5,157 every year, while hoping to spend $46,068 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: 33/39/28 Blend
52$836,000$836,000$836,000$836,000
53$926,591$882,283$869,325$949,150
54$972,088$876,499$849,432$960,949
55$1,020,681$868,888$827,328$969,206
56$1,072,638$859,311$802,891$977,210
57$1,128,251$847,621$775,992$984,970
58$1,187,843$833,665$746,498$992,502
59$1,251,765$817,277$714,268$999,825
60$1,320,404$798,282$679,155$1,006,966
61$1,394,184$776,497$641,006$1,013,961
62$1,473,572$751,727$599,660$1,020,852
63$1,559,078$723,763$554,951$1,027,692
64$1,651,265$692,389$506,703$1,034,546
65$1,750,750$657,371$454,733$1,041,490
66$1,858,210$618,466$398,850$1,048,617
67$1,974,391$575,415$338,855$1,056,032
68$2,100,112$527,943$274,540$1,063,862
69$2,236,273$475,761$205,686$1,072,254
70$2,383,864$418,565$132,067$1,081,376
71$2,543,972$356,029$53,446$1,091,424
72$2,717,797$287,813$0$1,102,621
73$2,906,652$213,557$0$1,124,323
74$3,111,988$132,878$0$1,165,357
75$3,335,397$45,375$0$1,210,151
76$3,578,632$0$0$1,259,169
77$3,843,623$0$0$1,334,119
78$4,132,491$0$0$1,437,164
79$4,447,574$0$0$1,549,678
80$4,791,443$0$0$1,672,596
81$5,166,928$0$0$1,806,945
82$5,577,146$0$0$1,953,855
83$6,025,527$0$0$2,114,571
84$6,515,846$0$0$2,290,466
85$7,052,264$0$0$2,483,048
86$7,639,358$0$0$2,693,981
87$8,282,170$0$0$2,925,095
88$8,986,252$0$0$3,178,408
89$9,757,718$0$0$3,456,139
90$10,603,303$0$0$3,760,735
91$11,530,421$0$0$4,094,890
92$12,547,241$0$0$4,461,572
93$13,662,760$0$0$4,864,048
94$14,886,885$0$0$5,305,921
95$16,230,534$0$0$5,791,155
96$17,705,727$0$0$6,324,120
97$19,325,711$0$0$6,909,628
98$21,105,074$0$0$7,552,983
99$23,059,888$0$0$8,260,025
100$25,207,859$0$0$9,037,189