Can I retire at age 54 with 444,000?

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 $444,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$36,665$36,339$36,020$35,709$35,405$34,410
2 years$18,151$17,813$17,485$17,168$16,860$15,864
3 years$11,980$11,641$11,314$11,000$10,696$9,732
4 years$8,896$8,557$8,234$7,925$7,629$6,704
5 years$7,046$6,709$6,390$6,087$5,799$4,915
6 years$5,812$5,478$5,164$4,868$4,589$3,747
7 years$4,932$4,601$4,291$4,002$3,732$2,932
8 years$4,272$3,944$3,639$3,357$3,096$2,338
9 years$3,759$3,434$3,135$2,860$2,607$1,890
10 years$3,348$3,027$2,733$2,465$2,222$1,544
11 years$3,013$2,694$2,406$2,145$1,911$1,272
12 years$2,734$2,418$2,135$1,882$1,656$1,055
13 years$2,498$2,186$1,908$1,661$1,444$879
14 years$2,295$1,987$1,714$1,475$1,266$736
15 years$2,120$1,815$1,548$1,315$1,114$618
16 years$1,967$1,665$1,403$1,178$985$521
17 years$1,832$1,533$1,277$1,058$873$440
18 years$1,712$1,417$1,165$954$776$372
19 years$1,605$1,313$1,067$862$692$316
20 years$1,509$1,220$979$780$618$268
21 years$1,422$1,137$901$708$553$228
22 years$1,343$1,061$830$644$496$194
23 years$1,271$992$766$586$445$165
24 years$1,205$930$709$535$400$140
25 years$1,145$873$657$488$360$120
26 years$1,089$820$609$447$324$102
27 years$1,037$772$565$409$292$87
28 years$990$727$526$375$264$74
29 years$945$686$489$343$238$63
30 years$904$648$456$315$215$54
31 years$865$612$425$290$195$46
32 years$829$580$396$266$176$40
33 years$795$549$370$245$159$34
34 years$763$520$346$225$144$29
35 years$733$493$323$207$131$25
36 years$705$468$302$191$118$21
37 years$679$445$283$176$107$18
38 years$653$423$265$162$97$15
39 years$630$402$248$149$88$13
40 years$607$382$233$138$80$11
41 years$586$364$218$127$73$10
42 years$565$347$205$117$66$8
43 years$546$330$192$108$60$7
44 years$528$315$180$100$54$6
45 years$510$300$169$92$49$5
46 years$493$286$159$85$45$4
47 years$477$273$149$79$41$4
48 years$462$261$140$73$37$3
49 years$447$249$132$67$33$3
50 years$433$238$124$62$30$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $444,000, adding $5,801 every year, while hoping to spend $32,887 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: 45/33/22 Blend
53$444,000$444,000$444,000$444,000
54$495,272$471,740$464,858$514,187
55$510,798$459,863$445,439$516,205
56$526,806$446,303$424,267$514,712
57$543,309$430,941$401,250$512,423
58$560,323$413,654$376,288$509,282
59$577,863$394,310$349,281$505,227
60$595,944$372,770$320,120$500,194
61$614,582$348,887$288,696$494,113
62$633,794$322,507$254,892$486,914
63$653,595$293,465$218,586$478,520
64$674,004$261,587$179,650$468,851
65$695,038$226,689$137,954$457,822
66$716,713$188,579$93,357$445,343
67$739,050$147,051$45,716$431,319
68$762,065$101,889$0$415,651
69$785,779$52,864$0$399,437
70$810,209$0$0$392,892
71$835,377$0$0$385,291
72$861,301$0$0$397,234
73$888,002$0$0$409,534
74$915,500$0$0$422,199
75$943,816$0$0$435,239
76$972,971$0$0$448,664
77$1,002,985$0$0$462,482
78$1,033,880$0$0$476,704
79$1,065,678$0$0$491,338
80$1,098,398$0$0$506,394
81$1,132,062$0$0$521,882
82$1,166,691$0$0$537,810
83$1,202,306$0$0$554,188
84$1,238,927$0$0$571,024
85$1,276,574$0$0$588,327
86$1,315,266$0$0$606,106
87$1,355,022$0$0$624,368
88$1,395,859$0$0$643,120
89$1,437,794$0$0$662,369
90$1,480,843$0$0$682,122
91$1,525,019$0$0$702,384
92$1,570,335$0$0$723,159
93$1,616,801$0$0$744,451
94$1,664,424$0$0$766,262
95$1,713,210$0$0$788,592
96$1,763,161$0$0$811,442
97$1,814,276$0$0$834,808
98$1,866,550$0$0$858,687
99$1,919,974$0$0$883,071
100$1,974,532$0$0$907,951