Can I retire at age 54 with 525,000?

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 $525,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$43,354$42,968$42,591$42,223$41,864$41,513
2 years$21,462$21,063$20,675$20,300$19,935$19,582
3 years$14,166$13,765$13,378$13,006$12,648$12,302
4 years$10,519$10,118$9,736$9,370$9,021$8,686
5 years$8,331$7,933$7,556$7,197$6,857$6,535
6 years$6,873$6,478$6,106$5,756$5,426$5,116
7 years$5,832$5,440$5,074$4,732$4,413$4,115
8 years$5,051$4,663$4,303$3,970$3,661$3,375
9 years$4,444$4,060$3,706$3,381$3,083$2,810
10 years$3,959$3,579$3,231$2,915$2,627$2,366
11 years$3,563$3,186$2,845$2,537$2,259$2,010
12 years$3,232$2,860$2,525$2,225$1,958$1,720
13 years$2,953$2,584$2,256$1,964$1,707$1,481
14 years$2,714$2,349$2,027$1,744$1,496$1,282
15 years$2,507$2,146$1,830$1,555$1,318$1,114
16 years$2,326$1,969$1,659$1,392$1,165$971
17 years$2,166$1,813$1,510$1,251$1,033$849
18 years$2,025$1,675$1,378$1,127$918$745
19 years$1,898$1,553$1,262$1,019$818$654
20 years$1,784$1,443$1,158$923$731$576
21 years$1,681$1,344$1,065$837$654$508
22 years$1,588$1,255$982$761$586$449
23 years$1,503$1,173$906$693$526$397
24 years$1,425$1,099$838$632$473$351
25 years$1,354$1,032$776$578$426$311
26 years$1,288$970$720$528$383$276
27 years$1,227$913$669$483$346$245
28 years$1,170$860$622$443$312$218
29 years$1,118$811$578$406$282$193
30 years$1,069$766$539$373$255$172
31 years$1,023$724$502$342$230$153
32 years$980$685$469$315$208$136
33 years$940$649$438$289$188$121
34 years$903$615$409$266$171$108
35 years$867$583$382$245$154$96
36 years$834$554$358$226$140$86
37 years$802$526$335$208$127$76
38 years$773$500$313$192$115$68
39 years$744$475$294$177$104$61
40 years$718$452$275$163$95$54
41 years$692$430$258$150$86$48
42 years$668$410$242$139$78$43
43 years$646$391$227$128$71$38
44 years$624$372$213$118$64$34
45 years$603$355$200$109$58$31
46 years$583$339$188$101$53$27
47 years$564$323$177$93$48$24
48 years$546$309$166$86$44$22
49 years$529$295$156$80$40$19
50 years$513$281$147$74$36$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $525,000, adding $3,903 every year, while hoping to spend $42,660 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: 38/34/28 Blend
53$525,000$525,000$525,000$525,000
54$582,576$554,751$546,613$599,735
55$596,609$536,544$519,535$594,484
56$610,643$516,015$490,120$584,620
57$624,634$493,005$458,244$573,143
58$638,531$467,346$423,780$559,937
59$652,276$438,861$386,591$544,873
60$665,805$407,362$346,539$527,818
61$679,044$372,650$303,474$508,628
62$691,911$334,514$257,245$487,148
63$704,314$292,733$207,691$463,216
64$716,150$247,073$154,644$436,655
65$727,302$197,285$97,931$407,279
66$737,643$143,108$37,367$374,887
67$747,028$84,265$0$339,265
68$755,295$20,464$0$308,330
69$762,265$0$0$286,136
70$767,740$0$0$279,489
71$771,496$0$0$279,738
72$773,287$0$0$279,123
73$772,838$0$0$277,527
74$769,844$0$0$274,821
75$763,968$0$0$270,863
76$754,834$0$0$265,492
77$742,026$0$0$258,535
78$725,083$0$0$249,795
79$703,493$0$0$239,059
80$676,692$0$0$226,086
81$644,052$0$0$210,613
82$604,881$0$0$192,349
83$558,411$0$0$170,969
84$503,794$0$0$146,117
85$440,092$0$0$117,398
86$366,266$0$0$84,376
87$281,170$0$0$46,567
88$183,538$0$0$3,441
89$71,968$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$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