Can I retire at age 54 with 435,000?

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 $435,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$35,922$35,602$35,290$34,985$34,688$33,390
2 years$17,783$17,452$17,131$16,820$16,518$15,226
3 years$11,738$11,405$11,085$10,777$10,480$9,233
4 years$8,716$8,384$8,067$7,764$7,474$6,283
5 years$6,903$6,573$6,260$5,963$5,682$4,549
6 years$5,695$5,367$5,059$4,769$4,496$3,422
7 years$4,832$4,508$4,204$3,921$3,656$2,642
8 years$4,185$3,864$3,566$3,289$3,033$2,077
9 years$3,683$3,364$3,071$2,802$2,554$1,654
10 years$3,281$2,965$2,677$2,415$2,176$1,332
11 years$2,952$2,640$2,357$2,102$1,872$1,080
12 years$2,678$2,369$2,092$1,844$1,622$881
13 years$2,447$2,141$1,869$1,628$1,415$723
14 years$2,249$1,946$1,679$1,445$1,240$595
15 years$2,077$1,778$1,516$1,288$1,092$491
16 years$1,927$1,631$1,375$1,154$965$407
17 years$1,795$1,502$1,251$1,037$856$338
18 years$1,678$1,388$1,142$934$761$281
19 years$1,573$1,287$1,045$844$678$234
20 years$1,478$1,196$959$765$606$195
21 years$1,393$1,114$882$694$542$162
22 years$1,316$1,040$813$631$486$136
23 years$1,245$972$751$575$436$113
24 years$1,181$911$694$524$392$95
25 years$1,121$855$643$479$353$79
26 years$1,067$803$597$438$318$66
27 years$1,016$756$554$401$286$55
28 years$970$713$515$367$258$46
29 years$926$672$479$337$233$39
30 years$885$635$446$309$211$33
31 years$848$600$416$284$191$27
32 years$812$568$388$261$172$23
33 years$779$538$363$240$156$19
34 years$748$510$339$221$141$16
35 years$719$483$317$203$128$13
36 years$691$459$296$187$116$11
37 years$665$436$277$172$105$9
38 years$640$414$260$159$95$8
39 years$617$394$243$146$86$7
40 years$595$375$228$135$78$6
41 years$574$357$214$125$71$5
42 years$554$340$201$115$65$4
43 years$535$324$188$106$59$3
44 years$517$308$177$98$53$3
45 years$500$294$166$91$48$2
46 years$483$281$156$84$44$2
47 years$468$268$146$77$40$2
48 years$453$256$138$71$36$1
49 years$438$244$129$66$33$1
50 years$425$233$122$61$30$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $435,000, adding $2,649 every year, while hoping to spend $34,329 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: 41/50/9 Blend
53$435,000$435,000$435,000$435,000
54$482,102$459,047$452,305$500,476
55$494,751$445,015$430,931$499,564
56$507,539$429,144$407,691$494,936
57$520,445$411,309$382,486$489,151
58$533,443$391,376$355,212$482,117
59$546,504$369,203$325,761$473,736
60$559,595$344,642$294,022$463,907
61$572,678$317,533$259,875$452,516
62$585,709$287,710$223,199$439,446
63$598,640$254,996$183,864$424,571
64$611,415$219,205$141,738$407,754
65$623,972$180,139$96,679$388,852
66$636,241$137,589$48,541$367,709
67$648,143$91,337$0$344,162
68$659,590$41,149$0$318,304
69$670,482$0$0$294,668
70$680,709$0$0$275,675
71$690,148$0$0$278,935
72$698,659$0$0$281,745
73$706,089$0$0$284,033
74$712,267$0$0$285,722
75$717,000$0$0$286,724
76$720,077$0$0$286,941
77$721,260$0$0$286,266
78$720,288$0$0$284,579
79$716,869$0$0$281,747
80$710,679$0$0$277,623
81$701,360$0$0$272,043
82$688,513$0$0$264,825
83$671,698$0$0$255,771
84$650,425$0$0$244,656
85$624,154$0$0$231,236
86$592,287$0$0$215,239
87$554,159$0$0$196,362
88$509,039$0$0$174,275
89$456,115$0$0$148,607
90$394,489$0$0$118,953
91$323,171$0$0$84,863
92$241,065$0$0$45,839
93$146,959$0$0$1,333
94$39,516$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0