Can I retire at age 53 with 865,000?

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 $865,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$71,431$70,795$70,174$69,568$68,976$67,391
2 years$35,362$34,703$34,065$33,446$32,846$31,257
3 years$23,340$22,679$22,042$21,429$20,839$19,297
4 years$17,331$16,671$16,041$15,439$14,862$13,379
5 years$13,726$13,071$12,449$11,858$11,298$9,877
6 years$11,324$10,673$10,060$9,483$8,940$7,583
7 years$9,608$8,963$8,360$7,797$7,270$5,978
8 years$8,322$7,683$7,090$6,540$6,032$4,803
9 years$7,323$6,690$6,107$5,571$5,079$3,913
10 years$6,524$5,897$5,324$4,802$4,328$3,223
11 years$5,870$5,249$4,687$4,179$3,722$2,677
12 years$5,326$4,712$4,160$3,666$3,226$2,239
13 years$4,866$4,258$3,716$3,236$2,813$1,883
14 years$4,472$3,870$3,339$2,873$2,466$1,590
15 years$4,131$3,536$3,015$2,562$2,171$1,348
16 years$3,832$3,244$2,733$2,294$1,919$1,146
17 years$3,569$2,987$2,487$2,061$1,701$977
18 years$3,336$2,761$2,271$1,858$1,513$835
19 years$3,127$2,558$2,079$1,679$1,348$715
20 years$2,940$2,377$1,908$1,520$1,204$613
21 years$2,770$2,214$1,755$1,380$1,078$526
22 years$2,617$2,067$1,617$1,254$966$452
23 years$2,476$1,933$1,493$1,142$867$389
24 years$2,348$1,811$1,381$1,042$779$334
25 years$2,230$1,700$1,279$952$701$288
26 years$2,121$1,598$1,186$870$632$248
27 years$2,021$1,504$1,102$796$570$214
28 years$1,928$1,417$1,024$730$514$185
29 years$1,841$1,337$953$669$464$159
30 years$1,761$1,262$888$614$419$138
31 years$1,686$1,193$828$564$379$119
32 years$1,615$1,129$772$518$343$103
33 years$1,549$1,069$721$477$310$89
34 years$1,487$1,013$674$439$281$77
35 years$1,429$961$630$404$255$66
36 years$1,374$912$589$372$231$57
37 years$1,322$866$551$343$209$49
38 years$1,273$823$516$316$189$43
39 years$1,227$783$484$291$172$37
40 years$1,183$745$453$269$156$32
41 years$1,141$709$425$248$141$28
42 years$1,101$675$399$229$128$24
43 years$1,064$644$374$211$116$21
44 years$1,028$613$351$195$106$18
45 years$994$585$330$180$96$15
46 years$961$558$310$166$87$13
47 years$930$533$291$154$79$12
48 years$900$508$274$142$72$10
49 years$872$485$257$131$65$9
50 years$845$464$242$121$59$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $865,000, adding $2,963 every year, while hoping to spend $32,161 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: 44/44/12 Blend
52$865,000$865,000$865,000$865,000
53$956,286$910,441$897,034$994,942
54$1,019,608$920,834$892,865$1,032,552
55$1,088,312$930,658$887,479$1,069,807
56$1,162,911$939,851$880,801$1,109,472
57$1,243,972$948,348$872,752$1,151,782
58$1,332,118$956,079$863,251$1,196,995
59$1,428,035$962,968$852,211$1,245,400
60$1,532,477$968,935$839,542$1,297,314
61$1,646,274$973,897$825,151$1,353,088
62$1,770,339$977,763$808,938$1,413,112
63$1,905,676$980,436$790,801$1,477,817
64$2,053,394$981,816$770,631$1,547,678
65$2,214,708$981,794$748,316$1,623,222
66$2,390,961$980,254$723,737$1,705,031
67$2,583,627$977,075$696,770$1,793,750
68$2,794,333$972,127$667,287$1,890,090
69$3,024,866$965,272$635,153$1,994,839
70$3,277,197$956,365$600,225$2,108,867
71$3,553,496$945,252$562,357$2,233,138
72$3,856,150$931,767$521,394$2,368,714
73$4,187,792$915,738$477,175$2,516,770
74$4,551,318$896,981$429,532$2,678,607
75$4,949,920$875,300$378,289$2,855,660
76$5,387,111$850,489$323,261$3,049,515
77$5,866,764$822,330$264,257$3,261,925
78$6,393,141$790,592$201,077$3,494,825
79$6,970,939$755,029$133,511$3,750,354
80$7,605,333$715,383$61,342$4,030,874
81$8,302,021$671,381$0$4,338,994
82$9,067,280$622,732$0$4,679,603
83$9,908,027$569,130$0$5,062,387
84$10,831,881$510,252$0$5,483,027
85$11,847,234$445,756$0$5,945,437
86$12,963,335$375,281$0$6,453,932
87$14,190,370$298,444$0$7,013,276
88$15,539,562$214,843$0$7,628,725
89$17,023,279$124,052$0$8,306,078
90$18,655,143$25,619$0$9,051,733
91$20,450,164$0$0$9,872,749
92$22,424,883$0$0$10,816,097
93$24,597,519$0$0$11,867,760
94$26,988,152$0$0$13,025,069
95$29,618,902$0$0$14,298,748
96$32,514,145$0$0$15,700,612
97$35,700,737$0$0$17,243,684
98$39,208,271$0$0$18,942,311
99$43,069,354$0$0$20,812,299
100$47,319,916$0$0$22,871,070