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%11.1%
1 years$43,437$43,050$42,672$42,304$41,944$41,750
2 years$21,503$21,103$20,715$20,338$19,973$19,777
3 years$14,193$13,791$13,404$13,031$12,672$12,480
4 years$10,539$10,138$9,755$9,388$9,038$8,852
5 years$8,347$7,948$7,570$7,211$6,870$6,690
6 years$6,886$6,490$6,118$5,767$5,436$5,263
7 years$5,843$5,451$5,084$4,741$4,421$4,254
8 years$5,061$4,672$4,311$3,977$3,668$3,508
9 years$4,453$4,068$3,713$3,388$3,089$2,935
10 years$3,967$3,586$3,237$2,920$2,632$2,485
11 years$3,570$3,192$2,850$2,541$2,263$2,123
12 years$3,239$2,865$2,529$2,229$1,961$1,827
13 years$2,959$2,589$2,260$1,968$1,710$1,582
14 years$2,719$2,353$2,031$1,747$1,499$1,377
15 years$2,512$2,150$1,833$1,558$1,320$1,204
16 years$2,330$1,973$1,662$1,395$1,167$1,056
17 years$2,171$1,817$1,513$1,253$1,035$929
18 years$2,029$1,679$1,381$1,130$920$820
19 years$1,902$1,556$1,264$1,021$820$725
20 years$1,788$1,446$1,160$924$732$643
21 years$1,685$1,347$1,067$839$655$571
22 years$1,591$1,257$983$763$587$507
23 years$1,506$1,176$908$695$527$452
24 years$1,428$1,102$840$634$474$403
25 years$1,356$1,034$778$579$426$359
26 years$1,290$972$721$529$384$321
27 years$1,229$914$670$484$346$287
28 years$1,172$862$623$444$313$257
29 years$1,120$813$579$407$282$230
30 years$1,071$768$540$373$255$206
31 years$1,025$726$503$343$231$184
32 years$982$687$469$315$209$165
33 years$942$650$438$290$189$148
34 years$904$616$410$267$171$133
35 years$869$584$383$245$155$119
36 years$835$555$358$226$140$107
37 years$804$527$335$208$127$96
38 years$774$501$314$192$115$86
39 years$746$476$294$177$104$78
40 years$719$453$276$163$95$70
41 years$694$431$259$151$86$63
42 years$670$411$243$139$78$56
43 years$647$391$228$128$71$51
44 years$625$373$214$119$64$46
45 years$604$356$201$109$58$41
46 years$584$339$188$101$53$37
47 years$565$324$177$93$48$33
48 years$547$309$166$86$44$30
49 years$530$295$156$80$40$27
50 years$514$282$147$74$36$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $526,000, adding $2,077 every year, while hoping to spend $22,721 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: 62/9/29 Blend
53$526,000$526,000$526,000$526,000
54$581,794$553,916$545,763$613,208
55$616,962$556,883$539,872$637,787
56$654,956$559,234$533,021$661,973
57$696,040$560,915$525,155$687,905
58$740,504$561,867$516,215$715,758
59$788,667$562,031$506,141$745,725
60$840,881$561,340$494,866$778,022
61$897,531$559,727$482,325$812,886
62$959,043$557,117$468,446$850,578
63$1,025,883$553,433$453,157$891,388
64$1,098,564$548,592$436,379$935,637
65$1,177,652$542,508$418,032$983,678
66$1,263,769$535,087$398,032$1,035,902
67$1,357,598$526,231$376,291$1,092,741
68$1,459,894$515,837$352,717$1,154,672
69$1,571,483$503,793$327,214$1,222,222
70$1,693,280$489,984$299,681$1,295,973
71$1,826,287$474,286$270,012$1,376,568
72$1,971,609$456,567$238,099$1,464,718
73$2,130,465$436,690$203,827$1,561,205
74$2,304,193$414,509$167,076$1,666,897
75$2,494,269$389,868$127,721$1,782,749
76$2,702,316$362,603$85,631$1,909,816
77$2,930,123$332,542$40,671$2,049,263
78$3,179,661$299,501$0$2,202,376
79$3,453,097$263,287$0$2,372,835
80$3,752,820$223,696$0$2,573,524
81$4,081,462$180,511$0$2,793,621
82$4,441,919$133,504$0$3,035,082
83$4,837,384$82,435$0$3,300,067
84$5,271,372$27,049$0$3,590,952
85$5,747,754$0$0$3,910,358
86$6,270,796$0$0$4,264,431
87$6,845,198$0$0$4,656,254
88$7,476,133$0$0$5,086,683
89$8,169,305$0$0$5,559,615
90$8,930,995$0$0$6,079,339
91$9,768,122$0$0$6,650,584
92$10,688,310$0$0$7,278,557
93$11,699,959$0$0$7,968,995
94$12,812,321$0$0$8,728,222
95$14,035,591$0$0$9,563,201
96$15,381,002$0$0$10,481,605
97$16,860,929$0$0$11,491,890
98$18,489,007$0$0$12,603,371
99$20,280,260$0$0$13,826,311
100$22,251,239$0$0$15,172,019