Can I retire at age 54 with 381,000?

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 $381,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$31,463$31,182$30,909$30,642$30,381$29,940
2 years$15,576$15,285$15,004$14,732$14,467$14,023
3 years$10,281$9,989$9,709$9,439$9,179$8,746
4 years$7,634$7,343$7,066$6,800$6,546$6,128
5 years$6,046$5,757$5,483$5,223$4,976$4,575
6 years$4,988$4,701$4,431$4,177$3,938$3,552
7 years$4,232$3,948$3,682$3,434$3,202$2,834
8 years$3,666$3,384$3,123$2,881$2,657$2,304
9 years$3,225$2,947$2,690$2,454$2,237$1,901
10 years$2,873$2,597$2,345$2,115$1,906$1,586
11 years$2,586$2,312$2,064$1,841$1,639$1,335
12 years$2,346$2,075$1,832$1,615$1,421$1,132
13 years$2,143$1,875$1,637$1,426$1,239$965
14 years$1,970$1,705$1,471$1,265$1,086$827
15 years$1,819$1,557$1,328$1,129$956$711
16 years$1,688$1,429$1,204$1,010$845$614
17 years$1,572$1,316$1,096$908$749$531
18 years$1,469$1,216$1,000$818$666$461
19 years$1,377$1,127$916$739$594$401
20 years$1,295$1,047$840$670$530$349
21 years$1,220$975$773$608$475$304
22 years$1,153$910$712$553$425$266
23 years$1,091$852$658$503$382$232
24 years$1,034$798$608$459$343$203
25 years$982$749$563$419$309$178
26 years$934$704$522$383$278$156
27 years$890$662$485$351$251$137
28 years$849$624$451$321$226$120
29 years$811$589$420$295$204$105
30 years$776$556$391$270$185$93
31 years$742$526$364$248$167$81
32 years$711$497$340$228$151$72
33 years$682$471$318$210$137$63
34 years$655$446$297$193$124$55
35 years$629$423$277$178$112$49
36 years$605$402$259$164$102$43
37 years$582$382$243$151$92$38
38 years$561$363$227$139$83$33
39 years$540$345$213$128$76$29
40 years$521$328$200$118$69$26
41 years$503$312$187$109$62$23
42 years$485$297$176$101$57$20
43 years$468$283$165$93$51$18
44 years$453$270$155$86$47$15
45 years$438$258$145$79$42$14
46 years$423$246$136$73$38$12
47 years$410$235$128$68$35$11
48 years$396$224$120$63$32$9
49 years$384$214$113$58$29$8
50 years$372$204$106$53$26$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $381,000, adding $3,056 every year, while hoping to spend $29,600 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: 45/46/9 Blend
53$381,000$381,000$381,000$381,000
54$423,014$402,821$396,916$440,844
55$434,668$391,065$378,718$441,733
56$446,517$377,741$358,919$439,409
57$458,553$362,741$337,433$436,214
58$470,760$345,950$314,172$432,077
59$483,123$327,248$289,043$426,924
60$495,625$306,506$261,949$420,675
61$508,243$283,589$232,789$413,245
62$520,954$258,355$201,457$404,542
63$533,728$230,651$167,843$394,470
64$546,534$200,319$131,831$382,925
65$559,334$167,188$93,301$369,796
66$572,087$131,082$52,128$354,964
67$584,746$91,810$8,180$338,304
68$597,257$49,176$0$319,679
69$609,559$2,967$0$302,664
70$621,584$0$0$284,465
71$633,256$0$0$287,955
72$644,489$0$0$292,704
73$655,187$0$0$297,162
74$665,243$0$0$301,275
75$674,536$0$0$304,981
76$682,932$0$0$308,215
77$690,282$0$0$310,901
78$696,419$0$0$312,954
79$701,157$0$0$314,283
80$704,289$0$0$314,784
81$705,588$0$0$314,342
82$704,797$0$0$312,830
83$701,633$0$0$310,105
84$695,782$0$0$306,012
85$686,896$0$0$300,376
86$674,588$0$0$293,005
87$658,430$0$0$283,684
88$637,947$0$0$272,177
89$612,614$0$0$258,223
90$581,850$0$0$241,532
91$545,011$0$0$221,782
92$501,383$0$0$198,620
93$450,181$0$0$171,653
94$390,532$0$0$140,448
95$321,473$0$0$104,526
96$241,940$0$0$63,356
97$150,757$0$0$16,355
98$46,623$0$0$0
99$0$0$0$0
100$0$0$0$0