Can I retire at age 54 with 482,000?

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 $482,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$39,803$39,449$39,103$38,765$38,435$37,385
2 years$19,705$19,338$18,982$18,637$18,303$17,252
3 years$13,006$12,637$12,283$11,941$11,612$10,594
4 years$9,657$9,290$8,939$8,603$8,282$7,304
5 years$7,649$7,283$6,937$6,608$6,296$5,361
6 years$6,310$5,947$5,606$5,284$4,982$4,091
7 years$5,354$4,995$4,658$4,344$4,051$3,205
8 years$4,637$4,281$3,951$3,644$3,361$2,559
9 years$4,080$3,728$3,403$3,104$2,830$2,071
10 years$3,635$3,286$2,967$2,676$2,412$1,694
11 years$3,271$2,925$2,612$2,329$2,074$1,398
12 years$2,968$2,625$2,318$2,043$1,797$1,160
13 years$2,711$2,373$2,071$1,803$1,567$969
14 years$2,492$2,157$1,861$1,601$1,374$812
15 years$2,302$1,970$1,680$1,428$1,210$683
16 years$2,135$1,808$1,523$1,278$1,069$576
17 years$1,989$1,665$1,386$1,149$948$487
18 years$1,859$1,538$1,265$1,035$843$413
19 years$1,743$1,426$1,158$935$751$351
20 years$1,638$1,325$1,063$847$671$298
21 years$1,544$1,234$978$769$601$254
22 years$1,458$1,152$901$699$538$216
23 years$1,380$1,077$832$637$483$184
24 years$1,308$1,009$770$581$434$157
25 years$1,243$947$713$530$391$134
26 years$1,182$890$661$485$352$115
27 years$1,126$838$614$444$317$98
28 years$1,074$789$571$407$286$84
29 years$1,026$745$531$373$259$72
30 years$981$703$495$342$234$61
31 years$939$665$461$314$211$52
32 years$900$629$430$289$191$45
33 years$863$596$402$266$173$38
34 years$829$565$375$244$157$33
35 years$796$536$351$225$142$28
36 years$766$508$328$207$128$24
37 years$737$483$307$191$116$21
38 years$709$459$288$176$106$18
39 years$683$436$270$162$96$15
40 years$659$415$253$150$87$13
41 years$636$395$237$138$79$11
42 years$614$376$222$127$71$10
43 years$593$359$209$118$65$8
44 years$573$342$196$109$59$7
45 years$554$326$184$100$53$6
46 years$535$311$173$93$49$5
47 years$518$297$162$86$44$4
48 years$502$283$152$79$40$4
49 years$486$271$143$73$36$3
50 years$471$258$135$68$33$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $482,000, adding $2,871 every year, while hoping to spend $21,849 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: 22/48/30 Blend
53$482,000$482,000$482,000$482,000
54$534,125$508,579$501,108$540,776
55$565,359$510,253$494,648$548,656
56$599,046$511,276$487,240$555,082
57$635,414$511,593$478,827$561,493
58$674,712$511,147$469,354$567,903
59$717,215$509,876$458,760$574,327
60$763,225$507,713$446,982$580,787
61$813,072$504,589$433,954$587,308
62$867,121$500,431$419,607$593,919
63$925,774$495,158$403,871$600,655
64$989,471$488,689$386,668$607,560
65$1,058,697$480,934$367,921$614,680
66$1,133,985$471,801$347,548$622,073
67$1,215,923$461,190$325,462$629,806
68$1,305,156$448,998$301,574$637,953
69$1,402,394$435,111$275,789$646,602
70$1,508,421$419,414$248,011$655,854
71$1,624,096$401,782$218,135$665,823
72$1,750,368$382,083$186,056$676,638
73$1,888,278$360,177$151,662$688,449
74$2,038,975$335,919$114,836$701,423
75$2,203,724$309,152$75,456$715,751
76$2,383,915$279,712$33,395$731,649
77$2,581,081$247,425$0$749,358
78$2,796,910$212,107$0$772,831
79$3,033,258$173,564$0$810,344
80$3,292,173$131,590$0$851,589
81$3,575,906$85,971$0$897,003
82$3,886,941$36,475$0$947,072
83$4,228,009$0$0$1,002,336
84$4,602,121$0$0$1,072,447
85$5,012,592$0$0$1,170,599
86$5,463,075$0$0$1,278,407
87$5,957,592$0$0$1,396,847
88$6,500,573$0$0$1,526,990
89$7,096,901$0$0$1,670,020
90$7,751,953$0$0$1,827,239
91$8,471,651$0$0$2,000,080
92$9,262,523$0$0$2,190,124
93$10,131,756$0$0$2,399,114
94$11,087,271$0$0$2,628,966
95$12,137,794$0$0$2,881,795
96$13,292,939$0$0$3,159,931
97$14,563,297$0$0$3,465,938
98$15,960,537$0$0$3,802,644
99$17,497,517$0$0$4,173,164
100$19,188,403$0$0$4,580,931