Can I retire at age 53 with 855,000?

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 $855,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$70,605$69,976$69,363$68,764$68,179$66,102
2 years$34,953$34,302$33,671$33,059$32,466$30,392
3 years$23,071$22,417$21,787$21,182$20,598$18,591
4 years$17,130$16,479$15,856$15,260$14,691$12,766
5 years$13,567$12,920$12,305$11,721$11,168$9,331
6 years$11,193$10,550$9,944$9,374$8,836$7,090
7 years$9,497$8,860$8,264$7,707$7,186$5,529
8 years$8,226$7,594$7,008$6,465$5,962$4,393
9 years$7,238$6,612$6,036$5,507$5,021$3,539
10 years$6,448$5,828$5,262$4,747$4,278$2,880
11 years$5,802$5,189$4,633$4,131$3,679$2,364
12 years$5,264$4,657$4,112$3,624$3,188$1,952
13 years$4,810$4,209$3,673$3,199$2,780$1,621
14 years$4,420$3,826$3,301$2,840$2,437$1,351
15 years$4,083$3,495$2,980$2,533$2,146$1,130
16 years$3,788$3,206$2,702$2,268$1,897$948
17 years$3,528$2,953$2,459$2,037$1,682$797
18 years$3,297$2,729$2,244$1,836$1,495$672
19 years$3,091$2,529$2,055$1,659$1,333$567
20 years$2,906$2,350$1,886$1,503$1,190$479
21 years$2,738$2,189$1,734$1,364$1,065$405
22 years$2,586$2,043$1,599$1,240$955$343
23 years$2,448$1,911$1,476$1,129$857$291
24 years$2,321$1,790$1,365$1,030$770$246
25 years$2,204$1,680$1,264$941$693$209
26 years$2,097$1,579$1,173$860$624$177
27 years$1,998$1,486$1,089$787$563$151
28 years$1,906$1,400$1,012$721$508$128
29 years$1,820$1,321$942$661$459$109
30 years$1,740$1,248$877$607$414$92
31 years$1,666$1,179$818$557$375$79
32 years$1,596$1,116$763$512$339$67
33 years$1,531$1,057$713$471$307$57
34 years$1,470$1,002$666$433$278$48
35 years$1,412$950$622$399$252$41
36 years$1,358$902$582$368$228$35
37 years$1,307$856$545$339$207$30
38 years$1,258$814$510$312$187$25
39 years$1,212$774$478$288$170$22
40 years$1,169$736$448$265$154$18
41 years$1,128$701$420$245$140$16
42 years$1,089$668$394$226$127$13
43 years$1,051$636$370$209$115$11
44 years$1,016$606$347$193$104$10
45 years$982$578$326$178$95$8
46 years$950$552$306$164$86$7
47 years$919$526$288$152$78$6
48 years$890$502$270$140$71$5
49 years$862$480$254$130$64$4
50 years$835$458$239$120$59$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $855,000, adding $4,750 every year, while hoping to spend $21,152 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: 49/22/29 Blend
52$855,000$855,000$855,000$855,000
53$947,110$901,795$888,542$985,501
54$1,021,209$923,477$895,803$1,034,624
55$1,102,158$945,513$902,598$1,085,507
56$1,190,632$967,897$908,889$1,140,384
57$1,287,377$990,624$914,637$1,199,645
58$1,393,211$1,013,687$919,799$1,263,718
59$1,509,038$1,037,077$924,331$1,333,075
60$1,635,852$1,060,785$928,188$1,408,237
61$1,774,746$1,084,801$931,320$1,489,779
62$1,926,927$1,109,113$933,676$1,578,333
63$2,093,722$1,133,708$935,202$1,674,596
64$2,276,592$1,158,571$935,843$1,779,338
65$2,477,149$1,183,685$935,538$1,893,407
66$2,697,166$1,209,033$934,225$2,017,739
67$2,938,595$1,234,594$931,841$2,153,362
68$3,203,589$1,260,347$928,315$2,301,415
69$3,494,519$1,286,267$923,577$2,463,150
70$3,813,994$1,312,328$917,551$2,639,949
71$4,164,892$1,338,502$910,159$2,833,333
72$4,550,379$1,364,758$901,318$3,044,983
73$4,973,948$1,391,061$890,942$3,276,749
74$5,439,443$1,417,375$878,941$3,530,673
75$5,951,100$1,443,660$865,219$3,809,004
76$6,513,586$1,469,874$849,678$4,114,223
77$7,132,043$1,495,969$832,214$4,449,064
78$7,812,136$1,521,896$812,718$4,816,543
79$8,560,107$1,547,601$791,076$5,219,983
80$9,382,831$1,573,027$767,170$5,663,049
81$10,287,885$1,598,111$740,876$6,149,780
82$11,283,616$1,622,785$712,063$6,684,629
83$12,379,223$1,646,980$680,595$7,272,506
84$13,584,839$1,670,617$646,330$7,918,823
85$14,911,631$1,693,615$609,120$8,629,546
86$16,371,901$1,715,886$568,809$9,411,251
87$17,979,206$1,737,336$525,235$10,271,189
88$19,748,483$1,757,864$478,229$11,217,351
89$21,696,192$1,777,362$427,613$12,258,548
90$23,840,468$1,795,717$373,203$13,404,490
91$26,201,295$1,812,807$314,804$14,665,883
92$28,800,693$1,828,500$252,216$16,054,526
93$31,662,925$1,842,659$185,227$17,583,427
94$34,814,729$1,855,135$113,618$19,266,922
95$38,285,566$1,865,771$37,159$21,120,816
96$42,107,900$1,874,400$0$23,162,528
97$46,317,504$1,880,844$0$25,425,010
98$50,953,798$1,884,913$0$27,928,838
99$56,060,218$1,886,407$0$30,685,911
100$61,684,632$1,885,112$0$33,722,027