Can I retire at age 54 with 2,650,000?

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 $2,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$218,835$216,885$214,983$213,127$211,315$207,985
2 years$108,334$106,316$104,361$102,465$100,626$97,280
3 years$71,505$69,479$67,528$65,650$63,841$60,583
4 years$53,094$51,074$49,143$47,297$45,532$42,387
5 years$42,051$40,043$38,137$36,329$34,613$31,590
6 years$34,691$32,698$30,821$29,053$27,388$24,490
7 years$29,436$27,460$25,612$23,886$22,274$19,503
8 years$25,496$23,538$21,721$20,037$18,478$15,833
9 years$22,434$20,494$18,708$17,067$15,561$13,041
10 years$19,985$18,065$16,310$14,712$13,259$10,861
11 years$17,983$16,082$14,359$12,804$11,403$9,125
12 years$16,316$14,434$12,744$11,231$9,882$7,721
13 years$14,907$13,044$11,386$9,915$8,617$6,570
14 years$13,699$11,857$10,230$8,801$7,554$5,618
15 years$12,654$10,831$9,236$7,849$6,651$4,822
16 years$11,740$9,938$8,374$7,028$5,878$4,153
17 years$10,935$9,152$7,620$6,315$5,212$3,586
18 years$10,220$8,457$6,956$5,691$4,634$3,104
19 years$9,581$7,838$6,368$5,142$4,131$2,692
20 years$9,007$7,283$5,844$4,657$3,689$2,339
21 years$8,487$6,784$5,376$4,227$3,302$2,036
22 years$8,016$6,333$4,954$3,843$2,959$1,773
23 years$7,587$5,923$4,575$3,500$2,657$1,547
24 years$7,193$5,549$4,231$3,192$2,388$1,350
25 years$6,832$5,208$3,918$2,915$2,149$1,180
26 years$6,499$4,895$3,634$2,666$1,935$1,032
27 years$6,192$4,606$3,375$2,440$1,745$903
28 years$5,906$4,341$3,137$2,235$1,575$790
29 years$5,641$4,095$2,919$2,050$1,422$692
30 years$5,394$3,867$2,719$1,881$1,285$606
31 years$5,164$3,656$2,535$1,728$1,161$531
32 years$4,948$3,459$2,365$1,588$1,051$466
33 years$4,746$3,276$2,209$1,460$951$409
34 years$4,556$3,105$2,064$1,344$861$358
35 years$4,377$2,945$1,929$1,237$780$315
36 years$4,209$2,795$1,805$1,139$706$276
37 years$4,050$2,655$1,689$1,050$640$242
38 years$3,900$2,523$1,582$967$580$213
39 years$3,758$2,399$1,482$892$526$187
40 years$3,623$2,282$1,389$823$477$164
41 years$3,495$2,173$1,303$759$433$144
42 years$3,374$2,069$1,222$701$393$126
43 years$3,258$1,971$1,147$647$357$111
44 years$3,149$1,879$1,076$597$324$98
45 years$3,044$1,792$1,011$551$294$86
46 years$2,944$1,710$949$509$267$75
47 years$2,849$1,631$892$471$242$66
48 years$2,758$1,557$838$435$220$58
49 years$2,671$1,487$788$402$200$51
50 years$2,587$1,421$740$371$182$45

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $2,650,000, adding $3,403 every year, while hoping to spend $25,110 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: 60/12/28 Blend
53$2,650,000$2,650,000$2,650,000$2,650,000
54$2,923,810$2,783,360$2,742,285$3,076,887
55$3,195,322$2,893,028$2,807,435$3,291,380
56$3,493,686$3,007,228$2,873,926$3,522,339
57$3,821,616$3,126,156$2,941,776$3,773,837
58$4,182,099$3,250,015$3,011,003$4,047,882
59$4,578,427$3,379,020$3,081,626$4,346,681
60$5,014,229$3,513,394$3,153,662$4,672,666
61$5,493,499$3,653,369$3,227,129$5,028,515
62$6,020,641$3,799,190$3,302,043$5,417,173
63$6,600,506$3,951,110$3,378,421$5,841,886
64$7,238,438$4,109,395$3,456,279$6,306,225
65$7,940,328$4,274,324$3,535,633$6,814,123
66$8,712,662$4,446,186$3,616,497$7,369,913
67$9,562,590$4,625,287$3,698,887$7,978,364
68$10,497,991$4,811,942$3,782,816$8,644,727
69$11,527,542$5,006,484$3,868,297$9,374,788
70$12,660,809$5,209,259$3,955,342$10,174,918
71$13,908,329$5,420,630$4,043,964$11,052,134
72$15,281,714$5,640,976$4,134,171$12,014,163
73$16,793,758$5,870,693$4,225,975$13,069,518
74$18,458,559$6,110,195$4,319,384$14,227,577
75$20,291,654$6,359,916$4,414,405$15,498,667
76$22,310,159$6,620,308$4,511,044$16,894,165
77$24,532,938$6,891,846$4,609,306$18,426,606
78$26,980,774$7,175,023$4,709,195$20,109,796
79$29,676,573$7,470,359$4,810,713$21,958,943
80$32,645,572$7,778,395$4,913,860$23,990,805
81$35,915,581$8,099,697$5,018,635$26,223,840
82$39,517,246$8,434,859$5,125,035$28,678,385
83$43,484,337$8,784,498$5,233,056$31,376,846
84$47,854,066$9,149,265$5,342,689$34,343,906
85$52,667,438$9,529,836$5,453,927$37,606,762
86$57,969,640$9,926,922$5,566,757$41,195,377
87$63,810,465$10,341,263$5,681,165$45,142,765
88$70,244,785$10,773,637$5,797,136$49,485,297
89$77,333,063$11,224,855$5,914,650$54,263,051
90$85,141,929$11,695,767$6,033,685$59,520,183
91$93,744,808$12,187,262$6,154,216$65,305,346
92$103,222,611$12,700,270$6,276,214$71,672,147
93$113,664,498$13,235,764$6,399,648$78,679,652
94$125,168,723$13,794,762$6,524,482$86,392,946
95$137,843,558$14,378,331$6,650,678$94,883,741
96$151,808,316$14,987,584$6,778,190$104,231,054
97$167,194,477$15,623,689$6,906,974$114,521,954
98$184,146,932$16,287,868$7,036,975$125,852,380
99$202,825,343$16,981,398$7,168,138$138,328,047
100$223,405,658$17,705,616$7,300,400$152,065,442