Can I retire at age 53 with 852,000?

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 $852,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$70,357$69,731$69,119$68,522$67,940$65,373
2 years$34,830$34,182$33,553$32,943$32,352$29,796
3 years$22,990$22,338$21,711$21,107$20,526$18,061
4 years$17,070$16,421$15,800$15,207$14,639$12,284
5 years$13,520$12,874$12,262$11,680$11,128$8,889
6 years$11,153$10,513$9,909$9,341$8,805$6,684
7 years$9,464$8,829$8,235$7,679$7,161$5,156
8 years$8,197$7,568$6,984$6,442$5,941$4,051
9 years$7,213$6,589$6,015$5,487$5,003$3,225
10 years$6,425$5,808$5,244$4,730$4,263$2,594
11 years$5,782$5,170$4,617$4,117$3,666$2,103
12 years$5,246$4,641$4,097$3,611$3,177$1,715
13 years$4,793$4,194$3,661$3,188$2,770$1,405
14 years$4,405$3,812$3,289$2,830$2,429$1,156
15 years$4,068$3,482$2,970$2,524$2,138$954
16 years$3,775$3,195$2,692$2,260$1,890$790
17 years$3,516$2,943$2,450$2,030$1,676$655
18 years$3,286$2,719$2,236$1,830$1,490$544
19 years$3,080$2,520$2,047$1,653$1,328$452
20 years$2,896$2,342$1,879$1,497$1,186$377
21 years$2,729$2,181$1,728$1,359$1,062$314
22 years$2,577$2,036$1,593$1,236$951$262
23 years$2,439$1,904$1,471$1,125$854$219
24 years$2,313$1,784$1,360$1,026$768$183
25 years$2,197$1,674$1,260$937$691$153
26 years$2,090$1,574$1,168$857$622$127
27 years$1,991$1,481$1,085$784$561$107
28 years$1,899$1,396$1,009$719$506$89
29 years$1,814$1,317$939$659$457$75
30 years$1,734$1,243$874$605$413$62
31 years$1,660$1,175$815$556$373$52
32 years$1,591$1,112$760$511$338$44
33 years$1,526$1,053$710$469$306$37
34 years$1,465$998$663$432$277$31
35 years$1,407$947$620$398$251$26
36 years$1,353$899$580$366$227$21
37 years$1,302$853$543$337$206$18
38 years$1,254$811$509$311$187$15
39 years$1,208$771$476$287$169$13
40 years$1,165$734$447$265$154$11
41 years$1,124$699$419$244$139$9
42 years$1,085$665$393$225$126$7
43 years$1,048$634$369$208$115$6
44 years$1,012$604$346$192$104$5
45 years$979$576$325$177$95$4
46 years$947$550$305$164$86$4
47 years$916$525$287$151$78$3
48 years$887$501$269$140$71$3
49 years$859$478$253$129$64$2
50 years$832$457$238$119$58$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $852,000, adding $4,188 every year, while hoping to spend $24,361 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: 64/11/25 Blend
52$852,000$852,000$852,000$852,000
53$943,224$898,068$884,862$997,150
54$1,013,513$916,153$888,585$1,052,162
55$1,090,155$934,308$891,616$1,109,159
56$1,173,772$952,511$893,907$1,170,891
57$1,265,049$970,737$895,405$1,237,826
58$1,364,741$988,959$896,058$1,310,479
59$1,473,677$1,007,151$895,808$1,389,417
60$1,592,771$1,025,280$894,596$1,475,266
61$1,723,029$1,043,314$892,361$1,568,715
62$1,865,559$1,061,217$889,036$1,670,526
63$2,021,580$1,078,952$884,553$1,781,535
64$2,192,436$1,096,475$878,841$1,902,668
65$2,379,607$1,113,744$871,824$2,034,943
66$2,584,720$1,130,711$863,423$2,179,484
67$2,809,570$1,147,325$853,557$2,337,528
68$3,056,133$1,163,531$842,138$2,510,440
69$3,326,585$1,179,270$829,076$2,699,725
70$3,623,323$1,194,481$814,276$2,907,042
71$3,948,988$1,209,095$797,640$3,134,221
72$4,306,486$1,223,043$779,062$3,383,276
73$4,699,023$1,236,247$758,436$3,656,432
74$5,130,126$1,248,626$735,647$3,956,137
75$5,603,684$1,260,094$710,576$4,285,094
76$6,123,979$1,270,558$683,099$4,646,279
77$6,695,729$1,279,919$653,087$5,042,976
78$7,324,130$1,288,072$620,403$5,478,803
79$8,014,910$1,294,906$584,905$5,957,749
80$8,774,377$1,300,302$546,445$6,484,211
81$9,609,480$1,304,134$504,868$7,063,037
82$10,527,878$1,306,268$460,012$7,699,570
83$11,538,007$1,306,560$411,707$8,399,701
84$12,649,162$1,304,859$359,777$9,169,921
85$13,871,584$1,301,005$304,038$10,017,388
86$15,216,558$1,294,827$244,295$10,949,991
87$16,696,516$1,286,143$180,349$11,976,426
88$18,325,158$1,274,762$111,988$13,106,278
89$20,117,578$1,260,479$38,993$14,350,114
90$22,090,408$1,243,079$0$15,719,578
91$24,261,972$1,222,332$0$17,237,885
92$26,652,463$1,197,997$0$18,920,581
93$29,284,132$1,169,816$0$20,772,917
94$32,181,494$1,137,517$0$22,812,151
95$35,371,564$1,100,813$0$25,057,301
96$38,884,109$1,059,398$0$27,529,328
97$42,751,929$1,012,951$0$30,251,327
98$47,011,170$961,129$0$33,248,748
99$51,701,657$903,572$0$36,549,640
100$56,867,277$839,898$0$40,184,910