Can I retire at age 54 with 663,000?

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 $663,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$54,750$54,262$53,786$53,322$52,869$50,791
2 years$27,104$26,599$26,110$25,636$25,176$23,108
3 years$17,890$17,383$16,895$16,425$15,972$13,980
4 years$13,284$12,778$12,295$11,833$11,392$9,489
5 years$10,521$10,018$9,542$9,089$8,660$6,852
6 years$8,679$8,181$7,711$7,269$6,852$5,141
7 years$7,365$6,870$6,408$5,976$5,573$3,957
8 years$6,379$5,889$5,434$5,013$4,623$3,101
9 years$5,613$5,127$4,681$4,270$3,893$2,463
10 years$5,000$4,520$4,081$3,681$3,317$1,976
11 years$4,499$4,023$3,593$3,203$2,853$1,598
12 years$4,082$3,611$3,188$2,810$2,472$1,299
13 years$3,729$3,264$2,849$2,481$2,156$1,062
14 years$3,427$2,966$2,559$2,202$1,890$871
15 years$3,166$2,710$2,311$1,964$1,664$717
16 years$2,937$2,486$2,095$1,758$1,471$592
17 years$2,736$2,290$1,906$1,580$1,304$489
18 years$2,557$2,116$1,740$1,424$1,159$405
19 years$2,397$1,961$1,593$1,287$1,033$336
20 years$2,253$1,822$1,462$1,165$923$279
21 years$2,123$1,697$1,345$1,057$826$232
22 years$2,006$1,584$1,240$962$740$193
23 years$1,898$1,482$1,144$876$665$160
24 years$1,800$1,388$1,058$799$597$133
25 years$1,709$1,303$980$729$538$111
26 years$1,626$1,225$909$667$484$93
27 years$1,549$1,152$844$610$437$77
28 years$1,478$1,086$785$559$394$64
29 years$1,411$1,024$730$513$356$54
30 years$1,350$968$680$471$321$45
31 years$1,292$915$634$432$291$37
32 years$1,238$865$592$397$263$31
33 years$1,187$820$553$365$238$26
34 years$1,140$777$516$336$215$22
35 years$1,095$737$483$309$195$18
36 years$1,053$699$452$285$177$15
37 years$1,013$664$423$263$160$13
38 years$976$631$396$242$145$11
39 years$940$600$371$223$132$9
40 years$906$571$348$206$119$7
41 years$874$544$326$190$108$6
42 years$844$518$306$175$98$5
43 years$815$493$287$162$89$4
44 years$788$470$269$149$81$4
45 years$762$448$253$138$74$3
46 years$737$428$237$127$67$2
47 years$713$408$223$118$61$2
48 years$690$390$210$109$55$2
49 years$668$372$197$101$50$1
50 years$647$355$185$93$45$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $663,000, adding $3,164 every year, while hoping to spend $51,793 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: 73/14/13 Blend
53$663,000$663,000$663,000$663,000
54$733,890$698,751$688,474$785,224
55$753,639$677,882$656,431$798,742
56$773,667$654,255$621,578$806,850
57$793,947$627,680$583,767$814,335
58$814,449$597,955$542,842$821,123
59$835,137$564,869$498,642$827,131
60$855,970$528,197$450,995$832,271
61$876,901$487,700$399,725$836,447
62$897,876$443,129$344,647$839,554
63$918,833$394,216$285,567$841,477
64$939,704$340,682$222,283$842,093
65$960,408$282,230$154,584$841,265
66$980,857$218,547$82,250$838,848
67$1,000,951$149,302$5,052$834,680
68$1,020,575$74,145$0$828,588
69$1,039,603$0$0$831,107
70$1,057,893$0$0$833,874
71$1,075,283$0$0$847,323
72$1,091,597$0$0$859,889
73$1,106,633$0$0$871,410
74$1,120,170$0$0$881,707
75$1,131,957$0$0$890,578
76$1,141,720$0$0$897,800
77$1,149,149$0$0$903,125
78$1,153,901$0$0$906,276
79$1,155,595$0$0$906,947
80$1,153,808$0$0$904,795
81$1,148,070$0$0$899,442
82$1,137,858$0$0$890,466
83$1,122,595$0$0$877,403
84$1,101,637$0$0$859,735
85$1,074,275$0$0$836,889
86$1,039,721$0$0$808,231
87$997,102$0$0$773,058
88$945,453$0$0$730,592
89$883,705$0$0$679,974
90$810,676$0$0$620,250
91$725,058$0$0$550,369
92$625,405$0$0$469,166
93$510,119$0$0$375,353
94$377,433$0$0$267,510
95$225,394$0$0$144,063
96$51,846$0$0$3,277
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0