Can I retire at age 54 with 452,000?

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 $452,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$37,326$36,993$36,669$36,352$36,043$35,891
2 years$18,478$18,134$17,800$17,477$17,163$17,010
3 years$12,196$11,851$11,518$11,198$10,889$10,739
4 years$9,056$8,712$8,382$8,067$7,766$7,621
5 years$7,172$6,830$6,505$6,196$5,904$5,763
6 years$5,917$5,577$5,257$4,955$4,671$4,536
7 years$5,021$4,684$4,369$4,074$3,799$3,669
8 years$4,349$4,015$3,705$3,418$3,152$3,026
9 years$3,826$3,496$3,191$2,911$2,654$2,534
10 years$3,409$3,081$2,782$2,509$2,262$2,146
11 years$3,067$2,743$2,449$2,184$1,945$1,835
12 years$2,783$2,462$2,174$1,916$1,685$1,580
13 years$2,543$2,225$1,942$1,691$1,470$1,369
14 years$2,337$2,022$1,745$1,501$1,288$1,193
15 years$2,158$1,847$1,575$1,339$1,134$1,043
16 years$2,003$1,695$1,428$1,199$1,003$916
17 years$1,865$1,561$1,300$1,077$889$807
18 years$1,743$1,442$1,186$971$790$712
19 years$1,634$1,337$1,086$877$705$630
20 years$1,536$1,242$997$794$629$559
21 years$1,448$1,157$917$721$563$497
22 years$1,367$1,080$845$656$505$442
23 years$1,294$1,010$780$597$453$394
24 years$1,227$947$722$544$407$351
25 years$1,165$888$668$497$366$314
26 years$1,109$835$620$455$330$280
27 years$1,056$786$576$416$298$251
28 years$1,007$740$535$381$269$225
29 years$962$698$498$350$243$201
30 years$920$660$464$321$219$180
31 years$881$624$432$295$198$162
32 years$844$590$403$271$179$145
33 years$809$559$377$249$162$130
34 years$777$530$352$229$147$117
35 years$747$502$329$211$133$105
36 years$718$477$308$194$120$94
37 years$691$453$288$179$109$85
38 years$665$430$270$165$99$76
39 years$641$409$253$152$90$69
40 years$618$389$237$140$81$62
41 years$596$371$222$129$74$55
42 years$575$353$208$119$67$50
43 years$556$336$196$110$61$45
44 years$537$321$184$102$55$40
45 years$519$306$172$94$50$36
46 years$502$292$162$87$46$33
47 years$486$278$152$80$41$29
48 years$470$266$143$74$38$27
49 years$456$254$134$69$34$24
50 years$441$242$126$63$31$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $452,000, adding $4,220 every year, while hoping to spend $29,185 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: 46/34/20 Blend
53$452,000$452,000$452,000$452,000
54$502,457$478,501$471,495$522,520
55$522,655$470,895$456,237$529,380
56$543,935$461,938$439,491$533,580
57$566,377$451,533$421,174$537,530
58$590,066$439,578$401,203$541,220
59$615,099$425,963$379,489$544,641
60$641,578$410,574$355,940$547,785
61$669,615$393,288$330,461$550,647
62$699,334$373,978$302,949$553,221
63$730,869$352,505$273,301$555,505
64$764,367$328,727$241,406$557,501
65$799,989$302,491$207,149$559,210
66$837,910$273,636$170,411$560,642
67$878,323$241,990$131,066$561,805
68$921,439$207,375$88,984$562,718
69$967,490$169,600$44,028$563,399
70$1,016,727$128,464$0$563,877
71$1,069,429$83,754$0$565,029
72$1,125,900$35,247$0$576,135
73$1,186,473$0$0$587,876
74$1,251,516$0$0$606,817
75$1,321,430$0$0$641,388
76$1,396,656$0$0$678,625
77$1,477,679$0$0$718,773
78$1,565,032$0$0$762,099
79$1,659,298$0$0$808,900
80$1,761,120$0$0$859,500
81$1,871,204$0$0$914,257
82$1,990,326$0$0$973,562
83$2,119,338$0$0$1,037,847
84$2,259,179$0$0$1,107,585
85$2,410,879$0$0$1,183,299
86$2,575,572$0$0$1,265,563
87$2,754,505$0$0$1,355,006
88$2,949,051$0$0$1,452,324
89$3,160,719$0$0$1,558,280
90$3,391,168$0$0$1,673,715
91$3,642,228$0$0$1,799,554
92$3,915,908$0$0$1,936,815
93$4,214,421$0$0$2,086,618
94$4,540,205$0$0$2,250,197
95$4,895,940$0$0$2,428,910
96$5,284,577$0$0$2,624,250
97$5,709,367$0$0$2,837,865
98$6,173,888$0$0$3,071,565
99$6,682,077$0$0$3,327,346
100$7,238,273$0$0$3,607,405