Can I retire at age 53 with 926,000?

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 $926,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$76,468$75,787$75,123$74,474$73,841$71,620
2 years$37,856$37,151$36,467$35,805$35,162$32,944
3 years$24,986$24,278$23,597$22,940$22,308$20,162
4 years$18,553$17,847$17,172$16,527$15,910$13,852
5 years$14,694$13,992$13,326$12,695$12,095$10,130
6 years$12,122$11,426$10,770$10,152$9,570$7,701
7 years$10,286$9,595$8,950$8,346$7,783$6,009
8 years$8,909$8,225$7,590$7,002$6,457$4,777
9 years$7,839$7,161$6,537$5,964$5,438$3,850
10 years$6,984$6,312$5,699$5,141$4,633$3,136
11 years$6,284$5,620$5,018$4,474$3,985$2,575
12 years$5,701$5,044$4,453$3,924$3,453$2,128
13 years$5,209$4,558$3,978$3,465$3,011$1,768
14 years$4,787$4,143$3,575$3,076$2,640$1,475
15 years$4,422$3,785$3,227$2,743$2,324$1,235
16 years$4,103$3,473$2,926$2,456$2,054$1,037
17 years$3,821$3,198$2,663$2,207$1,821$872
18 years$3,571$2,955$2,431$1,989$1,619$735
19 years$3,348$2,739$2,225$1,797$1,443$621
20 years$3,147$2,545$2,042$1,627$1,289$525
21 years$2,966$2,371$1,878$1,477$1,154$444
22 years$2,801$2,213$1,731$1,343$1,034$377
23 years$2,651$2,070$1,598$1,223$928$319
24 years$2,514$1,939$1,478$1,115$834$271
25 years$2,387$1,820$1,369$1,019$751$230
26 years$2,271$1,710$1,270$931$676$195
27 years$2,164$1,610$1,179$853$610$166
28 years$2,064$1,517$1,096$781$550$141
29 years$1,971$1,431$1,020$716$497$120
30 years$1,885$1,351$950$657$449$102
31 years$1,804$1,277$886$604$406$87
32 years$1,729$1,209$827$555$367$74
33 years$1,658$1,145$772$510$332$63
34 years$1,592$1,085$721$469$301$54
35 years$1,530$1,029$674$432$272$46
36 years$1,471$977$631$398$247$39
37 years$1,415$928$590$367$224$33
38 years$1,363$882$553$338$203$28
39 years$1,313$838$518$312$184$24
40 years$1,266$798$485$287$167$20
41 years$1,221$759$455$265$151$17
42 years$1,179$723$427$245$137$15
43 years$1,139$689$401$226$125$13
44 years$1,100$657$376$209$113$11
45 years$1,064$626$353$193$103$9
46 years$1,029$597$332$178$93$8
47 years$995$570$312$164$85$7
48 years$964$544$293$152$77$6
49 years$933$520$275$140$70$5
50 years$904$496$259$130$63$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $926,000, adding $5,302 every year, while hoping to spend $27,484 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: 29/46/25 Blend
52$926,000$926,000$926,000$926,000
53$1,025,921$976,843$962,490$1,047,582
54$1,101,322$995,466$965,491$1,083,540
55$1,183,493$1,014,079$967,671$1,119,401
56$1,273,095$1,032,655$968,974$1,157,394
57$1,370,857$1,051,161$969,340$1,197,721
58$1,477,579$1,069,563$968,708$1,240,604
59$1,594,144$1,087,824$967,012$1,286,292
60$1,721,523$1,105,903$964,183$1,335,059
61$1,860,786$1,123,760$960,150$1,387,205
62$2,013,108$1,141,346$954,837$1,443,068
63$2,179,787$1,158,614$948,166$1,503,015
64$2,362,249$1,175,510$940,054$1,567,457
65$2,562,067$1,191,978$930,413$1,636,846
66$2,780,970$1,207,957$919,155$1,711,683
67$3,020,865$1,223,383$906,182$1,792,522
68$3,283,850$1,238,186$891,397$1,879,973
69$3,572,238$1,252,292$874,694$1,974,713
70$3,888,575$1,265,623$855,964$2,077,490
71$4,235,665$1,278,094$835,095$2,189,130
72$4,616,598$1,289,616$811,965$2,310,547
73$5,034,776$1,300,092$786,451$2,442,748
74$5,493,948$1,309,421$758,422$2,586,851
75$5,998,242$1,317,494$727,741$2,744,085
76$6,552,208$1,324,197$694,265$2,915,813
77$7,160,855$1,329,405$657,845$3,103,538
78$7,829,705$1,332,988$618,326$3,308,921
79$8,564,839$1,334,808$575,543$3,533,797
80$9,372,956$1,334,717$529,327$3,780,191
81$10,261,438$1,332,559$479,500$4,050,341
82$11,238,416$1,328,166$425,875$4,346,718
83$12,312,852$1,321,363$368,259$4,672,049
84$13,494,615$1,311,963$306,449$5,029,348
85$14,794,583$1,299,766$240,232$5,421,939
86$16,224,739$1,284,562$169,387$5,853,493
87$17,798,285$1,266,129$93,685$6,328,062
88$19,529,769$1,244,228$12,882$6,850,120
89$21,435,221$1,218,611$0$7,424,603
90$23,532,301$1,189,011$0$8,076,525
91$25,840,470$1,155,147$0$8,797,272
92$28,381,171$1,116,721$0$9,590,113
93$31,178,029$1,073,420$0$10,462,446
94$34,257,080$1,024,909$0$11,422,430
95$37,647,009$970,836$0$12,479,061
96$41,379,425$910,828$0$13,642,260
97$45,489,159$844,491$0$14,922,968
98$50,014,590$771,409$0$16,333,248
99$54,998,010$691,139$0$17,886,403
100$60,486,019$603,217$0$19,597,099