Can I retire at age 54 with 526,000?

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 $526,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$43,437$43,050$42,672$42,304$41,944$41,732
2 years$21,503$21,103$20,715$20,338$19,973$19,760
3 years$14,193$13,791$13,404$13,031$12,672$12,463
4 years$10,539$10,138$9,755$9,388$9,038$8,835
5 years$8,347$7,948$7,570$7,211$6,870$6,674
6 years$6,886$6,490$6,118$5,767$5,436$5,247
7 years$5,843$5,451$5,084$4,741$4,421$4,240
8 years$5,061$4,672$4,311$3,977$3,668$3,493
9 years$4,453$4,068$3,713$3,388$3,089$2,922
10 years$3,967$3,586$3,237$2,920$2,632$2,472
11 years$3,570$3,192$2,850$2,541$2,263$2,110
12 years$3,239$2,865$2,529$2,229$1,961$1,815
13 years$2,959$2,589$2,260$1,968$1,710$1,571
14 years$2,719$2,353$2,031$1,747$1,499$1,366
15 years$2,512$2,150$1,833$1,558$1,320$1,194
16 years$2,330$1,973$1,662$1,395$1,167$1,047
17 years$2,171$1,817$1,513$1,253$1,035$920
18 years$2,029$1,679$1,381$1,130$920$812
19 years$1,902$1,556$1,264$1,021$820$717
20 years$1,788$1,446$1,160$924$732$635
21 years$1,685$1,347$1,067$839$655$564
22 years$1,591$1,257$983$763$587$501
23 years$1,506$1,176$908$695$527$445
24 years$1,428$1,102$840$634$474$397
25 years$1,356$1,034$778$579$426$354
26 years$1,290$972$721$529$384$316
27 years$1,229$914$670$484$346$282
28 years$1,172$862$623$444$313$252
29 years$1,120$813$579$407$282$225
30 years$1,071$768$540$373$255$202
31 years$1,025$726$503$343$231$181
32 years$982$687$469$315$209$162
33 years$942$650$438$290$189$145
34 years$904$616$410$267$171$130
35 years$869$584$383$245$155$117
36 years$835$555$358$226$140$105
37 years$804$527$335$208$127$94
38 years$774$501$314$192$115$84
39 years$746$476$294$177$104$76
40 years$719$453$276$163$95$68
41 years$694$431$259$151$86$61
42 years$670$411$243$139$78$55
43 years$647$391$228$128$71$49
44 years$625$373$214$119$64$44
45 years$604$356$201$109$58$40
46 years$584$339$188$101$53$36
47 years$565$324$177$93$48$32
48 years$547$309$166$86$44$29
49 years$530$295$156$80$40$26
50 years$514$282$147$74$36$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $526,000, adding $3,435 every year, while hoping to spend $35,271 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: 41/30/29 Blend
53$526,000$526,000$526,000$526,000
54$583,195$555,317$547,164$602,016
55$605,153$545,000$527,966$605,657
56$628,168$532,994$506,943$606,055
57$652,312$519,182$483,996$605,820
58$677,661$503,434$459,022$604,915
59$704,297$485,618$431,915$603,305
60$732,312$465,590$402,561$600,951
61$761,805$443,200$370,843$597,815
62$792,882$418,290$336,639$593,860
63$825,659$390,690$299,820$589,046
64$860,265$360,223$260,253$583,335
65$896,839$326,700$217,798$576,689
66$935,530$289,922$172,308$569,069
67$976,506$249,679$123,632$560,440
68$1,019,946$205,750$71,610$550,764
69$1,066,047$157,899$16,076$540,007
70$1,115,026$105,878$0$528,138
71$1,167,119$49,426$0$528,490
72$1,222,583$0$0$533,850
73$1,281,701$0$0$543,146
74$1,344,784$0$0$570,516
75$1,412,171$0$0$599,794
76$1,484,233$0$0$631,148
77$1,561,377$0$0$664,761
78$1,644,052$0$0$700,833
79$1,732,747$0$0$739,584
80$1,828,000$0$0$781,258
81$1,930,403$0$0$826,118
82$2,040,602$0$0$874,457
83$2,159,312$0$0$926,595
84$2,287,312$0$0$982,884
85$2,425,462$0$0$1,043,710
86$2,574,707$0$0$1,109,499
87$2,736,082$0$0$1,180,716
88$2,910,729$0$0$1,257,877
89$3,099,900$0$0$1,341,545
90$3,304,973$0$0$1,432,341
91$3,527,463$0$0$1,530,948
92$3,769,037$0$0$1,638,117
93$4,031,527$0$0$1,754,673
94$4,316,950$0$0$1,881,527
95$4,627,524$0$0$2,019,678
96$4,965,689$0$0$2,170,227
97$5,334,130$0$0$2,334,386
98$5,735,804$0$0$2,513,486
99$6,173,962$0$0$2,708,996
100$6,652,186$0$0$2,922,530