Can I retire at age 54 with 433,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $433,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$35,757$35,438$35,127$34,824$34,528$33,776
2 years$17,701$17,372$17,052$16,742$16,442$15,688
3 years$11,684$11,353$11,034$10,727$10,431$9,699
4 years$8,675$8,345$8,030$7,728$7,440$6,735
5 years$6,871$6,543$6,231$5,936$5,656$4,980
6 years$5,668$5,343$5,036$4,747$4,475$3,829
7 years$4,810$4,487$4,185$3,903$3,639$3,024
8 years$4,166$3,846$3,549$3,274$3,019$2,434
9 years$3,666$3,349$3,057$2,789$2,543$1,987
10 years$3,266$2,952$2,665$2,404$2,166$1,639
11 years$2,938$2,628$2,346$2,092$1,863$1,364
12 years$2,666$2,358$2,082$1,835$1,615$1,143
13 years$2,436$2,131$1,860$1,620$1,408$963
14 years$2,238$1,937$1,672$1,438$1,234$815
15 years$2,068$1,770$1,509$1,283$1,087$693
16 years$1,918$1,624$1,368$1,148$960$590
17 years$1,787$1,495$1,245$1,032$852$504
18 years$1,670$1,382$1,137$930$757$432
19 years$1,565$1,281$1,041$840$675$370
20 years$1,472$1,190$955$761$603$318
21 years$1,387$1,109$878$691$539$274
22 years$1,310$1,035$810$628$484$236
23 years$1,240$968$747$572$434$203
24 years$1,175$907$691$522$390$175
25 years$1,116$851$640$476$351$151
26 years$1,062$800$594$436$316$131
27 years$1,012$753$551$399$285$113
28 years$965$709$513$365$257$98
29 years$922$669$477$335$232$85
30 years$881$632$444$307$210$73
31 years$844$597$414$282$190$63
32 years$808$565$386$259$172$55
33 years$775$535$361$239$155$48
34 years$744$507$337$220$141$41
35 years$715$481$315$202$127$36
36 years$688$457$295$186$115$31
37 years$662$434$276$171$105$27
38 years$637$412$258$158$95$23
39 years$614$392$242$146$86$20
40 years$592$373$227$134$78$17
41 years$571$355$213$124$71$15
42 years$551$338$200$114$64$13
43 years$532$322$187$106$58$11
44 years$514$307$176$98$53$10
45 years$497$293$165$90$48$9
46 years$481$279$155$83$44$7
47 years$465$267$146$77$40$6
48 years$451$254$137$71$36$6
49 years$436$243$129$66$33$5
50 years$423$232$121$61$30$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $433,000, adding $3,543 every year, while hoping to spend $31,142 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: 78/12/10 Blend
53$433,000$433,000$433,000$433,000
54$480,821$457,872$451,160$517,234
55$496,729$447,172$433,139$530,966
56$513,217$434,905$413,471$541,654
57$530,310$420,960$392,067$552,474
58$548,036$405,222$368,835$563,427
59$566,424$387,566$343,680$574,513
60$585,507$367,864$316,500$585,731
61$605,317$345,978$287,191$597,083
62$625,890$321,762$255,643$608,570
63$647,265$295,062$221,742$620,193
64$669,483$265,717$185,367$631,956
65$692,587$233,554$146,393$643,861
66$716,624$198,392$104,691$655,913
67$741,645$160,038$60,123$668,117
68$767,704$118,291$12,548$680,478
69$794,859$72,936$0$693,006
70$823,173$23,748$0$709,787
71$852,712$0$0$728,450
72$883,550$0$0$751,580
73$915,765$0$0$779,022
74$949,442$0$0$807,714
75$984,672$0$0$837,732
76$1,021,555$0$0$869,163
77$1,060,199$0$0$902,098
78$1,100,719$0$0$936,637
79$1,143,242$0$0$972,889
80$1,187,905$0$0$1,010,971
81$1,234,857$0$0$1,051,011
82$1,284,261$0$0$1,093,149
83$1,336,293$0$0$1,137,534
84$1,391,144$0$0$1,184,333
85$1,449,025$0$0$1,233,725
86$1,510,163$0$0$1,285,905
87$1,574,807$0$0$1,341,087
88$1,643,230$0$0$1,399,505
89$1,715,726$0$0$1,461,412
90$1,792,621$0$0$1,527,087
91$1,874,270$0$0$1,596,835
92$1,961,058$0$0$1,670,987
93$2,053,411$0$0$1,749,908
94$2,151,792$0$0$1,833,996
95$2,256,709$0$0$1,923,687
96$2,368,719$0$0$2,019,459
97$2,488,431$0$0$2,121,837
98$2,616,514$0$0$2,231,393
99$2,753,702$0$0$2,348,757
100$2,900,796$0$0$2,474,620