Can I retire at age 53 with 852,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%16.8%
1 years$70,357$69,731$69,119$68,522$67,940$66,056
2 years$34,830$34,182$33,553$32,943$32,352$30,469
3 years$22,990$22,338$21,711$21,107$20,526$18,701
4 years$17,070$16,421$15,800$15,207$14,639$12,887
5 years$13,520$12,874$12,262$11,680$11,128$9,455
6 years$11,153$10,513$9,909$9,341$8,805$7,211
7 years$9,464$8,829$8,235$7,679$7,161$5,646
8 years$8,197$7,568$6,984$6,442$5,941$4,504
9 years$7,213$6,589$6,015$5,487$5,003$3,644
10 years$6,425$5,808$5,244$4,730$4,263$2,979
11 years$5,782$5,170$4,617$4,117$3,666$2,456
12 years$5,246$4,641$4,097$3,611$3,177$2,038
13 years$4,793$4,194$3,661$3,188$2,770$1,700
14 years$4,405$3,812$3,289$2,830$2,429$1,424
15 years$4,068$3,482$2,970$2,524$2,138$1,197
16 years$3,775$3,195$2,692$2,260$1,890$1,009
17 years$3,516$2,943$2,450$2,030$1,676$853
18 years$3,286$2,719$2,236$1,830$1,490$722
19 years$3,080$2,520$2,047$1,653$1,328$613
20 years$2,896$2,342$1,879$1,497$1,186$520
21 years$2,729$2,181$1,728$1,359$1,062$442
22 years$2,577$2,036$1,593$1,236$951$377
23 years$2,439$1,904$1,471$1,125$854$321
24 years$2,313$1,784$1,360$1,026$768$274
25 years$2,197$1,674$1,260$937$691$233
26 years$2,090$1,574$1,168$857$622$199
27 years$1,991$1,481$1,085$784$561$170
28 years$1,899$1,396$1,009$719$506$145
29 years$1,814$1,317$939$659$457$124
30 years$1,734$1,243$874$605$413$106
31 years$1,660$1,175$815$556$373$91
32 years$1,591$1,112$760$511$338$78
33 years$1,526$1,053$710$469$306$66
34 years$1,465$998$663$432$277$57
35 years$1,407$947$620$398$251$49
36 years$1,353$899$580$366$227$42
37 years$1,302$853$543$337$206$36
38 years$1,254$811$509$311$187$30
39 years$1,208$771$476$287$169$26
40 years$1,165$734$447$265$154$22
41 years$1,124$699$419$244$139$19
42 years$1,085$665$393$225$126$16
43 years$1,048$634$369$208$115$14
44 years$1,012$604$346$192$104$12
45 years$979$576$325$177$95$10
46 years$947$550$305$164$86$9
47 years$916$525$287$151$78$8
48 years$887$501$269$140$71$6
49 years$859$478$253$129$64$6
50 years$832$457$238$119$58$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $852,000, adding $4,807 every year, while hoping to spend $58,906 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: 47/23/30 Blend
52$852,000$852,000$852,000$852,000
53$943,862$898,706$885,500$979,901
54$977,461$880,068$852,489$987,255
55$1,012,512$858,541$816,398$989,162
56$1,049,102$833,923$777,061$990,119
57$1,087,324$805,999$734,305$990,067
58$1,127,277$774,539$687,951$988,948
59$1,169,070$739,303$637,809$986,701
60$1,212,821$700,034$583,681$983,265
61$1,258,657$656,464$525,362$978,576
62$1,306,715$608,305$462,637$972,569
63$1,357,144$555,257$395,279$965,181
64$1,410,107$496,999$323,056$956,345
65$1,465,781$433,194$245,721$945,995
66$1,524,356$363,486$163,018$934,065
67$1,586,041$287,498$74,680$920,490
68$1,651,064$204,832$0$905,205
69$1,719,671$115,067$0$894,418
70$1,792,132$17,760$0$907,714
71$1,868,742$0$0$921,202
72$1,949,821$0$0$957,089
73$2,035,720$0$0$999,916
74$2,126,821$0$0$1,045,385
75$2,223,544$0$0$1,093,712
76$2,326,345$0$0$1,145,132
77$2,435,727$0$0$1,199,902
78$2,552,236$0$0$1,258,305
79$2,676,473$0$0$1,320,649
80$2,809,096$0$0$1,387,273
81$2,950,824$0$0$1,458,548
82$3,102,447$0$0$1,534,881
83$3,264,831$0$0$1,616,718
84$3,438,925$0$0$1,704,549
85$3,625,771$0$0$1,798,910
86$3,826,511$0$0$1,900,393
87$4,042,401$0$0$2,009,643
88$4,274,817$0$0$2,127,372
89$4,525,273$0$0$2,254,361
90$4,795,430$0$0$2,391,468
91$5,087,112$0$0$2,539,636
92$5,402,327$0$0$2,699,900
93$5,743,278$0$0$2,873,399
94$6,112,388$0$0$3,061,386
95$6,512,321$0$0$3,265,237
96$6,946,006$0$0$3,486,465
97$7,416,664$0$0$3,726,737
98$7,927,838$0$0$3,987,882
99$8,483,423$0$0$4,271,917
100$9,087,707$0$0$4,581,057