Can I retire at age 54 with 636,000?

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 $636,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$52,520$52,052$51,596$51,151$50,716$49,230
2 years$26,000$25,516$25,047$24,592$24,150$22,666
3 years$17,161$16,675$16,207$15,756$15,322$13,885
4 years$12,743$12,258$11,794$11,351$10,928$9,549
5 years$10,092$9,610$9,153$8,719$8,307$6,991
6 years$8,326$7,848$7,397$6,973$6,573$5,320
7 years$7,065$6,590$6,147$5,733$5,346$4,156
8 years$6,119$5,649$5,213$4,809$4,435$3,308
9 years$5,384$4,919$4,490$4,096$3,735$2,669
10 years$4,796$4,335$3,914$3,531$3,182$2,177
11 years$4,316$3,860$3,446$3,073$2,737$1,790
12 years$3,916$3,464$3,058$2,695$2,372$1,481
13 years$3,578$3,131$2,733$2,380$2,068$1,232
14 years$3,288$2,846$2,455$2,112$1,813$1,029
15 years$3,037$2,600$2,217$1,884$1,596$863
16 years$2,818$2,385$2,010$1,687$1,411$725
17 years$2,624$2,197$1,829$1,516$1,251$611
18 years$2,453$2,030$1,669$1,366$1,112$516
19 years$2,299$1,881$1,528$1,234$991$436
20 years$2,162$1,748$1,403$1,118$885$370
21 years$2,037$1,628$1,290$1,014$792$313
22 years$1,924$1,520$1,189$922$710$266
23 years$1,821$1,422$1,098$840$638$226
24 years$1,726$1,332$1,015$766$573$192
25 years$1,640$1,250$940$700$516$163
26 years$1,560$1,175$872$640$465$139
27 years$1,486$1,106$810$586$419$118
28 years$1,418$1,042$753$537$378$101
29 years$1,354$983$701$492$341$86
30 years$1,295$928$653$452$308$73
31 years$1,239$877$608$415$279$62
32 years$1,188$830$568$381$252$53
33 years$1,139$786$530$350$228$45
34 years$1,093$745$495$322$207$39
35 years$1,051$707$463$297$187$33
36 years$1,010$671$433$273$170$28
37 years$972$637$405$252$154$24
38 years$936$605$380$232$139$20
39 years$902$576$356$214$126$17
40 years$870$548$333$197$115$15
41 years$839$521$313$182$104$13
42 years$810$497$293$168$94$11
43 years$782$473$275$155$86$9
44 years$756$451$258$143$78$8
45 years$731$430$243$132$71$7
46 years$707$410$228$122$64$6
47 years$684$392$214$113$58$5
48 years$662$374$201$104$53$4
49 years$641$357$189$96$48$4
50 years$621$341$178$89$44$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $636,000, adding $3,825 every year, while hoping to spend $28,877 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: 71/14/15 Blend
53$636,000$636,000$636,000$636,000
54$704,817$671,109$661,251$752,200
55$745,984$673,269$652,679$786,321
56$790,382$674,566$642,850$819,807
57$838,309$674,929$631,695$855,715
58$890,096$674,280$619,136$894,278
59$946,103$672,536$605,094$935,756
60$1,006,727$669,612$589,486$980,432
61$1,072,404$665,414$572,225$1,028,622
62$1,143,615$659,845$553,220$1,080,673
63$1,220,886$652,800$532,375$1,136,967
64$1,304,799$644,170$509,592$1,197,927
65$1,395,991$633,837$484,767$1,264,020
66$1,495,166$621,678$457,790$1,335,760
67$1,603,095$607,562$428,548$1,413,714
68$1,720,628$591,351$396,922$1,498,509
69$1,848,701$572,896$362,788$1,590,836
70$1,988,344$552,043$326,016$1,691,459
71$2,140,689$528,627$286,472$1,801,217
72$2,306,984$502,475$244,013$1,921,040
73$2,488,601$473,400$198,492$2,051,953
74$2,687,052$441,210$149,755$2,195,084
75$2,903,999$405,698$97,640$2,351,681
76$3,141,276$366,646$41,980$2,523,119
77$3,400,899$323,825$0$2,710,915
78$3,685,088$276,990$0$2,919,531
79$3,996,290$225,885$0$3,155,377
80$4,337,197$170,239$0$3,413,793
81$4,710,775$109,764$0$3,697,058
82$5,120,290$44,159$0$4,007,683
83$5,569,340$0$0$4,348,435
84$6,061,886$0$0$4,726,508
85$6,602,293$0$0$5,148,816
86$7,195,368$0$0$5,612,315
87$7,846,404$0$0$6,121,148
88$8,561,236$0$0$6,679,879
89$9,346,287$0$0$7,293,532
90$10,208,635$0$0$7,967,646
91$11,156,077$0$0$8,708,320
92$12,197,202$0$0$9,522,274
93$13,341,472$0$0$10,416,911
94$14,599,314$0$0$11,400,387
95$15,982,211$0$0$12,481,687
96$17,502,817$0$0$13,670,711
97$19,175,073$0$0$14,978,367
98$21,014,338$0$0$16,416,671
99$23,037,537$0$0$17,998,862
100$25,263,313$0$0$19,739,530