Can I retire at age 54 with 536,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $536,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$44,262$43,868$43,483$43,108$42,741$41,827
2 years$21,912$21,504$21,108$20,725$20,353$19,436
3 years$14,463$14,053$13,659$13,279$12,913$12,022
4 years$10,739$10,331$9,940$9,567$9,210$8,352
5 years$8,505$8,099$7,714$7,348$7,001$6,179
6 years$7,017$6,614$6,234$5,876$5,540$4,754
7 years$5,954$5,554$5,180$4,831$4,505$3,756
8 years$5,157$4,761$4,393$4,053$3,737$3,025
9 years$4,538$4,145$3,784$3,452$3,147$2,471
10 years$4,042$3,654$3,299$2,976$2,682$2,040
11 years$3,637$3,253$2,904$2,590$2,306$1,699
12 years$3,300$2,920$2,578$2,272$1,999$1,425
13 years$3,015$2,638$2,303$2,005$1,743$1,201
14 years$2,771$2,398$2,069$1,780$1,528$1,017
15 years$2,559$2,191$1,868$1,588$1,345$865
16 years$2,375$2,010$1,694$1,422$1,189$737
17 years$2,212$1,851$1,541$1,277$1,054$630
18 years$2,067$1,711$1,407$1,151$937$540
19 years$1,938$1,585$1,288$1,040$835$464
20 years$1,822$1,473$1,182$942$746$399
21 years$1,717$1,372$1,087$855$668$343
22 years$1,621$1,281$1,002$777$599$296
23 years$1,534$1,198$925$708$537$255
24 years$1,455$1,122$856$646$483$220
25 years$1,382$1,053$793$590$435$190
26 years$1,315$990$735$539$391$165
27 years$1,252$932$683$494$353$142
28 years$1,195$878$635$452$318$123
29 years$1,141$828$590$415$288$107
30 years$1,091$782$550$381$260$92
31 years$1,044$739$513$349$235$80
32 years$1,001$700$478$321$212$69
33 years$960$663$447$295$192$60
34 years$921$628$417$272$174$52
35 years$885$596$390$250$158$45
36 years$851$565$365$230$143$39
37 years$819$537$342$212$130$34
38 years$789$510$320$196$117$30
39 years$760$485$300$180$106$26
40 years$733$462$281$166$97$22
41 years$707$439$263$154$88$19
42 years$682$419$247$142$79$17
43 years$659$399$232$131$72$15
44 years$637$380$218$121$65$13
45 years$616$362$204$112$59$11
46 years$595$346$192$103$54$9
47 years$576$330$180$95$49$8
48 years$558$315$169$88$45$7
49 years$540$301$159$81$40$6
50 years$523$287$150$75$37$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $536,000, adding $3,158 every year, while hoping to spend $35,182 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: 49/44/7 Blend
53$536,000$536,000$536,000$536,000
54$593,929$565,521$557,213$621,803
55$617,077$555,799$538,447$631,463
56$641,406$544,420$517,872$637,948
57$667,001$531,268$495,392$644,161
58$693,951$516,217$470,904$650,088
59$722,357$499,134$444,302$655,713
60$752,325$479,879$415,474$661,020
61$783,973$458,304$384,303$665,998
62$817,428$434,251$350,667$670,633
63$852,831$407,554$314,440$674,915
64$890,334$378,038$275,487$678,836
65$930,103$345,518$233,672$682,391
66$972,321$309,795$188,847$685,575
67$1,017,187$270,664$140,862$688,392
68$1,064,918$227,904$89,559$690,844
69$1,115,752$181,285$34,772$692,943
70$1,169,952$130,561$0$694,704
71$1,227,803$75,474$0$697,919
72$1,289,617$15,751$0$703,735
73$1,355,739$0$0$709,604
74$1,426,544$0$0$739,263
75$1,502,446$0$0$779,271
76$1,583,898$0$0$822,244
77$1,671,395$0$0$868,451
78$1,765,485$0$0$918,185
79$1,866,766$0$0$971,767
80$1,975,895$0$0$1,029,553
81$2,093,594$0$0$1,091,930
82$2,220,659$0$0$1,159,328
83$2,357,959$0$0$1,232,214
84$2,506,454$0$0$1,311,106
85$2,667,197$0$0$1,396,570
86$2,841,346$0$0$1,489,232
87$3,030,174$0$0$1,589,777
88$3,235,082$0$0$1,698,959
89$3,457,609$0$0$1,817,610
90$3,699,449$0$0$1,946,641
91$3,962,465$0$0$2,087,059
92$4,248,707$0$0$2,239,967
93$4,560,431$0$0$2,406,583
94$4,900,120$0$0$2,588,245
95$5,270,504$0$0$2,786,427
96$5,674,591$0$0$3,002,750
97$6,115,688$0$0$3,239,000
98$6,597,440$0$0$3,497,141
99$7,123,856$0$0$3,779,337
100$7,699,352$0$0$4,087,969