Can I retire at age 54 with 776,000?

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 $776,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$64,081$63,511$62,954$62,410$61,879$60,729
2 years$31,723$31,133$30,560$30,005$29,466$28,312
3 years$20,939$20,346$19,774$19,224$18,695$17,572
4 years$15,548$14,956$14,391$13,850$13,333$12,251
5 years$12,314$11,726$11,168$10,638$10,136$9,097
6 years$10,159$9,575$9,025$8,507$8,020$7,026
7 years$8,620$8,041$7,500$6,994$6,522$5,573
8 years$7,466$6,893$6,361$5,867$5,411$4,506
9 years$6,569$6,001$5,478$4,998$4,557$3,696
10 years$5,852$5,290$4,776$4,308$3,883$3,065
11 years$5,266$4,709$4,205$3,749$3,339$2,564
12 years$4,778$4,227$3,732$3,289$2,894$2,159
13 years$4,365$3,820$3,334$2,903$2,523$1,829
14 years$4,012$3,472$2,996$2,577$2,212$1,557
15 years$3,706$3,172$2,705$2,299$1,948$1,330
16 years$3,438$2,910$2,452$2,058$1,721$1,140
17 years$3,202$2,680$2,231$1,849$1,526$979
18 years$2,993$2,476$2,037$1,666$1,357$843
19 years$2,806$2,295$1,865$1,506$1,210$728
20 years$2,637$2,133$1,711$1,364$1,080$629
21 years$2,485$1,987$1,574$1,238$967$544
22 years$2,347$1,854$1,451$1,125$867$472
23 years$2,222$1,734$1,340$1,025$778$409
24 years$2,106$1,625$1,239$935$699$355
25 years$2,001$1,525$1,147$854$629$309
26 years$1,903$1,433$1,064$781$567$268
27 years$1,813$1,349$988$714$511$234
28 years$1,730$1,271$919$655$461$203
29 years$1,652$1,199$855$600$416$177
30 years$1,580$1,132$796$551$376$154
31 years$1,512$1,070$742$506$340$134
32 years$1,449$1,013$693$465$308$117
33 years$1,390$959$647$428$278$102
34 years$1,334$909$604$393$252$89
35 years$1,282$862$565$362$228$78
36 years$1,232$818$528$334$207$68
37 years$1,186$777$495$307$187$59
38 years$1,142$739$463$283$170$52
39 years$1,100$702$434$261$154$45
40 years$1,061$668$407$241$140$39
41 years$1,023$636$381$222$127$34
42 years$988$606$358$205$115$30
43 years$954$577$336$189$104$26
44 years$922$550$315$175$95$23
45 years$891$525$296$161$86$20
46 years$862$501$278$149$78$17
47 years$834$478$261$138$71$15
48 years$808$456$245$127$64$13
49 years$782$435$231$118$59$12
50 years$758$416$217$109$53$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $776,000, adding $4,159 every year, while hoping to spend $43,418 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: 55/33/12 Blend
53$776,000$776,000$776,000$776,000
54$859,442$818,314$806,286$903,852
55$900,909$812,215$787,100$928,346
56$945,150$804,362$765,816$949,913
57$992,402$794,623$742,319$972,382
58$1,042,927$782,859$716,485$995,846
59$1,097,007$768,921$688,190$1,020,412
60$1,154,956$752,652$657,299$1,046,198
61$1,217,117$733,888$623,673$1,073,338
62$1,283,866$712,451$587,169$1,101,980
63$1,355,614$688,155$547,634$1,132,291
64$1,432,817$660,804$504,909$1,164,459
65$1,515,970$630,190$458,829$1,198,692
66$1,605,620$596,090$409,221$1,235,224
67$1,702,368$558,273$355,905$1,274,315
68$1,806,873$516,492$298,691$1,316,258
69$1,919,859$470,486$237,383$1,361,376
70$2,042,124$419,979$171,774$1,410,031
71$2,174,543$364,680$101,651$1,462,627
72$2,318,078$304,281$26,788$1,519,613
73$2,473,788$238,457$0$1,581,490
74$2,642,838$166,865$0$1,655,613
75$2,826,508$89,141$0$1,739,904
76$3,026,206$4,903$0$1,831,651
77$3,243,482$0$0$1,931,654
78$3,480,041$0$0$2,072,118
79$3,737,760$0$0$2,227,151
80$4,018,702$0$0$2,396,224
81$4,325,141$0$0$2,580,712
82$4,659,578$0$0$2,782,130
83$5,024,765$0$0$3,002,146
84$5,423,734$0$0$3,242,595
85$5,859,820$0$0$3,505,498
86$6,336,697$0$0$3,793,080
87$6,858,410$0$0$4,107,790
88$7,429,412$0$0$4,452,328
89$8,054,606$0$0$4,829,663
90$8,739,393$0$0$5,243,067
91$9,489,720$0$0$5,696,143
92$10,312,135$0$0$6,192,859
93$11,213,853$0$0$6,737,584
94$12,202,817$0$0$7,335,132
95$13,287,778$0$0$7,990,806
96$14,478,373$0$0$8,710,444
97$15,785,219$0$0$9,500,479
98$17,220,010$0$0$10,367,997
99$18,795,628$0$0$11,320,804
100$20,526,262$0$0$12,367,498