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%14.4%
1 years$70,357$69,731$69,119$68,522$67,940$66,704
2 years$34,830$34,182$33,553$32,943$32,352$31,112
3 years$22,990$22,338$21,711$21,107$20,526$19,319
4 years$17,070$16,421$15,800$15,207$14,639$13,476
5 years$13,520$12,874$12,262$11,680$11,128$10,012
6 years$11,153$10,513$9,909$9,341$8,805$7,736
7 years$9,464$8,829$8,235$7,679$7,161$6,140
8 years$8,197$7,568$6,984$6,442$5,941$4,968
9 years$7,213$6,589$6,015$5,487$5,003$4,077
10 years$6,425$5,808$5,244$4,730$4,263$3,383
11 years$5,782$5,170$4,617$4,117$3,666$2,832
12 years$5,246$4,641$4,097$3,611$3,177$2,387
13 years$4,793$4,194$3,661$3,188$2,770$2,023
14 years$4,405$3,812$3,289$2,830$2,429$1,723
15 years$4,068$3,482$2,970$2,524$2,138$1,473
16 years$3,775$3,195$2,692$2,260$1,890$1,263
17 years$3,516$2,943$2,450$2,030$1,676$1,086
18 years$3,286$2,719$2,236$1,830$1,490$936
19 years$3,080$2,520$2,047$1,653$1,328$808
20 years$2,896$2,342$1,879$1,497$1,186$699
21 years$2,729$2,181$1,728$1,359$1,062$606
22 years$2,577$2,036$1,593$1,236$951$525
23 years$2,439$1,904$1,471$1,125$854$456
24 years$2,313$1,784$1,360$1,026$768$396
25 years$2,197$1,674$1,260$937$691$344
26 years$2,090$1,574$1,168$857$622$300
27 years$1,991$1,481$1,085$784$561$261
28 years$1,899$1,396$1,009$719$506$227
29 years$1,814$1,317$939$659$457$198
30 years$1,734$1,243$874$605$413$173
31 years$1,660$1,175$815$556$373$151
32 years$1,591$1,112$760$511$338$131
33 years$1,526$1,053$710$469$306$115
34 years$1,465$998$663$432$277$100
35 years$1,407$947$620$398$251$87
36 years$1,353$899$580$366$227$76
37 years$1,302$853$543$337$206$67
38 years$1,254$811$509$311$187$58
39 years$1,208$771$476$287$169$51
40 years$1,165$734$447$265$154$44
41 years$1,124$699$419$244$139$39
42 years$1,085$665$393$225$126$34
43 years$1,048$634$369$208$115$30
44 years$1,012$604$346$192$104$26
45 years$979$576$325$177$95$23
46 years$947$550$305$164$86$20
47 years$916$525$287$151$78$17
48 years$887$501$269$140$71$15
49 years$859$478$253$129$64$13
50 years$832$457$238$119$58$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $852,000, adding $3,771 every year, while hoping to spend $51,794 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: 55/15/30 Blend
52$852,000$852,000$852,000$852,000
53$942,794$897,638$884,432$986,603
54$983,850$886,514$858,952$1,006,173
55$1,027,359$873,108$830,882$1,021,859
56$1,073,514$857,256$800,082$1,037,921
57$1,122,531$838,779$766,403$1,054,417
58$1,174,642$817,493$729,690$1,071,409
59$1,230,103$793,197$689,783$1,088,972
60$1,289,194$765,685$646,511$1,107,191
61$1,352,222$734,733$599,699$1,126,161
62$1,419,521$700,108$549,161$1,145,992
63$1,491,460$661,561$494,706$1,166,809
64$1,568,443$618,831$436,132$1,188,752
65$1,650,910$571,640$373,229$1,211,981
66$1,739,347$519,694$305,776$1,236,675
67$1,834,286$462,685$233,546$1,263,037
68$1,936,312$400,285$156,297$1,291,296
69$2,046,064$332,147$73,782$1,321,708
70$2,164,246$257,906$0$1,354,562
71$2,291,632$177,176$0$1,394,751
72$2,429,070$89,549$0$1,463,568
73$2,577,493$0$0$1,537,868
74$2,737,926$0$0$1,619,093
75$2,911,495$0$0$1,723,022
76$3,099,439$0$0$1,835,623
77$3,303,118$0$0$1,957,721
78$3,524,030$0$0$2,090,220
79$3,763,822$0$0$2,234,118
80$4,024,302$0$0$2,390,511
81$4,307,464$0$0$2,560,604
82$4,615,497$0$0$2,745,723
83$4,950,814$0$0$2,947,329
84$5,316,065$0$0$3,167,027
85$5,714,170$0$0$3,406,585
86$6,148,342$0$0$3,667,948
87$6,622,116$0$0$3,953,258
88$7,139,385$0$0$4,264,871
89$7,704,432$0$0$4,605,383
90$8,321,974$0$0$4,977,651
91$8,997,203$0$0$5,384,819
92$9,735,837$0$0$5,830,351
93$10,544,171$0$0$6,318,060
94$11,429,136$0$0$6,852,145
95$12,398,365$0$0$7,437,231
96$13,460,265$0$0$8,078,410
97$14,624,092$0$0$8,781,290
98$15,900,043$0$0$9,552,049
99$17,299,346$0$0$10,397,490
100$18,834,368$0$0$11,325,106