Can I retire at age 54 with 777,000?

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 $777,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$64,164$63,592$63,035$62,491$61,959$61,594
2 years$31,764$31,173$30,599$30,044$29,504$29,136
3 years$20,966$20,372$19,800$19,249$18,719$18,359
4 years$15,568$14,975$14,409$13,868$13,350$13,002
5 years$12,330$11,741$11,182$10,652$10,149$9,812
6 years$10,172$9,587$9,037$8,518$8,030$7,706
7 years$8,631$8,051$7,510$7,003$6,531$6,219
8 years$7,476$6,902$6,369$5,875$5,418$5,119
9 years$6,578$6,009$5,485$5,004$4,563$4,276
10 years$5,860$5,297$4,782$4,314$3,888$3,613
11 years$5,273$4,715$4,210$3,754$3,344$3,081
12 years$4,784$4,232$3,737$3,293$2,897$2,647
13 years$4,371$3,825$3,338$2,907$2,527$2,288
14 years$4,017$3,477$3,000$2,581$2,215$1,987
15 years$3,710$3,176$2,708$2,301$1,950$1,734
16 years$3,442$2,914$2,455$2,061$1,723$1,518
17 years$3,206$2,684$2,234$1,852$1,528$1,333
18 years$2,997$2,480$2,040$1,669$1,359$1,174
19 years$2,809$2,298$1,867$1,508$1,211$1,036
20 years$2,641$2,136$1,714$1,366$1,082$916
21 years$2,489$1,989$1,576$1,239$968$812
22 years$2,350$1,857$1,453$1,127$868$720
23 years$2,224$1,737$1,341$1,026$779$640
24 years$2,109$1,627$1,240$936$700$569
25 years$2,003$1,527$1,149$855$630$506
26 years$1,906$1,435$1,066$782$567$451
27 years$1,815$1,351$989$715$512$402
28 years$1,732$1,273$920$655$462$359
29 years$1,654$1,201$856$601$417$321
30 years$1,582$1,134$797$552$377$287
31 years$1,514$1,072$743$507$341$256
32 years$1,451$1,014$694$466$308$229
33 years$1,391$960$648$428$279$205
34 years$1,336$910$605$394$252$183
35 years$1,283$863$566$363$229$164
36 years$1,234$820$529$334$207$147
37 years$1,187$778$495$308$188$132
38 years$1,143$740$464$284$170$118
39 years$1,102$703$435$262$154$106
40 years$1,062$669$407$241$140$95
41 years$1,025$637$382$223$127$85
42 years$989$607$358$205$115$76
43 years$955$578$336$190$105$68
44 years$923$551$316$175$95$61
45 years$892$525$296$162$86$55
46 years$863$501$278$149$78$49
47 years$835$478$261$138$71$44
48 years$809$457$246$127$65$40
49 years$783$436$231$118$59$36
50 years$759$417$217$109$53$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $777,000, adding $5,360 every year, while hoping to spend $55,683 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: 55/19/26 Blend
53$777,000$777,000$777,000$777,000
54$861,783$820,602$808,558$902,739
55$890,438$801,565$776,399$912,472
56$920,151$779,729$741,296$916,834
57$950,968$754,898$703,091$920,441
58$982,944$726,865$661,622$923,238
59$1,016,133$695,410$616,715$925,169
60$1,050,594$660,301$568,190$926,176
61$1,086,391$621,292$515,861$926,198
62$1,123,591$578,124$459,531$925,171
63$1,162,267$530,522$398,995$923,030
64$1,202,497$478,195$334,039$919,707
65$1,244,362$420,837$264,440$915,131
66$1,287,953$358,124$189,965$909,228
67$1,333,365$289,713$110,370$901,924
68$1,380,701$215,243$25,400$893,140
69$1,430,073$134,330$0$882,797
70$1,481,600$46,571$0$888,922
71$1,535,410$0$0$902,018
72$1,591,644$0$0$925,157
73$1,650,452$0$0$959,555
74$1,711,997$0$0$995,572
75$1,776,455$0$0$1,033,315
76$1,844,018$0$0$1,072,898
77$1,914,892$0$0$1,114,445
78$1,989,304$0$0$1,158,092
79$2,067,497$0$0$1,203,984
80$2,149,737$0$0$1,252,282
81$2,236,313$0$0$1,303,160
82$2,327,540$0$0$1,356,806
83$2,423,760$0$0$1,413,427
84$2,525,348$0$0$1,473,247
85$2,632,710$0$0$1,536,512
86$2,746,291$0$0$1,603,490
87$2,866,575$0$0$1,674,472
88$2,994,095$0$0$1,749,778
89$3,129,427$0$0$1,829,757
90$3,273,207$0$0$1,914,792
91$3,426,126$0$0$2,005,300
92$3,588,943$0$0$2,101,738
93$3,762,488$0$0$2,204,608
94$3,947,670$0$0$2,314,458
95$4,145,485$0$0$2,431,889
96$4,357,025$0$0$2,557,562
97$4,583,485$0$0$2,692,197
98$4,826,179$0$0$2,836,590
99$5,086,546$0$0$2,991,609
100$5,366,165$0$0$3,158,208