Can I retire at age 54 with 781,000?

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 $781,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$64,494$63,920$63,359$62,812$62,278$61,021
2 years$31,928$31,333$30,757$30,198$29,656$28,395
3 years$21,074$20,477$19,902$19,348$18,815$17,589
4 years$15,648$15,052$14,483$13,939$13,419$12,238
5 years$12,393$11,801$11,240$10,707$10,201$9,068
6 years$10,224$9,637$9,083$8,562$8,072$6,988
7 years$8,675$8,093$7,548$7,040$6,564$5,531
8 years$7,514$6,937$6,402$5,905$5,446$4,462
9 years$6,612$6,040$5,514$5,030$4,586$3,651
10 years$5,890$5,324$4,807$4,336$3,908$3,020
11 years$5,300$4,740$4,232$3,774$3,361$2,520
12 years$4,809$4,254$3,756$3,310$2,912$2,117
13 years$4,393$3,844$3,356$2,922$2,540$1,789
14 years$4,037$3,494$3,015$2,594$2,226$1,518
15 years$3,729$3,192$2,722$2,313$1,960$1,293
16 years$3,460$2,929$2,468$2,071$1,732$1,105
17 years$3,223$2,697$2,246$1,861$1,536$947
18 years$3,012$2,492$2,050$1,677$1,366$813
19 years$2,824$2,310$1,877$1,516$1,217$699
20 years$2,654$2,147$1,722$1,373$1,087$603
21 years$2,501$1,999$1,584$1,246$973$520
22 years$2,363$1,866$1,460$1,133$872$449
23 years$2,236$1,746$1,348$1,032$783$389
24 years$2,120$1,636$1,247$941$704$336
25 years$2,014$1,535$1,155$859$633$291
26 years$1,915$1,443$1,071$786$570$252
27 years$1,825$1,358$995$719$514$219
28 years$1,741$1,279$925$659$464$190
29 years$1,663$1,207$860$604$419$165
30 years$1,590$1,140$801$554$379$143
31 years$1,522$1,077$747$509$342$124
32 years$1,458$1,019$697$468$310$108
33 years$1,399$965$651$430$280$94
34 years$1,343$915$608$396$254$82
35 years$1,290$868$569$365$230$71
36 years$1,240$824$532$336$208$62
37 years$1,194$782$498$309$189$54
38 years$1,149$744$466$285$171$47
39 years$1,107$707$437$263$155$41
40 years$1,068$673$409$242$141$35
41 years$1,030$640$384$224$128$31
42 years$994$610$360$206$116$27
43 years$960$581$338$191$105$23
44 years$928$554$317$176$95$20
45 years$897$528$298$163$87$18
46 years$868$504$280$150$79$15
47 years$840$481$263$139$71$13
48 years$813$459$247$128$65$12
49 years$787$438$232$118$59$10
50 years$763$419$218$109$54$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $781,000, adding $5,290 every year, while hoping to spend $38,186 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: 73/5/22 Blend
53$781,000$781,000$781,000$781,000
54$866,119$824,726$812,620$924,320
55$913,833$824,508$799,213$963,529
56$965,135$822,999$784,078$1,001,386
57$1,020,349$820,096$767,115$1,041,906
58$1,079,833$815,690$748,222$1,085,347
59$1,143,980$809,663$727,291$1,131,994
60$1,213,221$801,891$704,210$1,182,162
61$1,288,030$792,245$678,862$1,236,200
62$1,368,929$780,584$651,123$1,294,490
63$1,456,488$766,761$620,865$1,357,458
64$1,551,339$750,621$587,952$1,425,570
65$1,654,172$731,998$552,246$1,499,342
66$1,765,749$710,718$513,597$1,579,345
67$1,886,907$686,595$471,854$1,666,207
68$2,018,566$659,432$426,856$1,760,622
69$2,161,739$629,024$378,435$1,863,356
70$2,317,540$595,149$326,416$1,975,254
71$2,487,195$557,577$270,616$2,097,248
72$2,672,052$516,062$210,845$2,230,368
73$2,873,596$470,344$146,904$2,375,748
74$3,093,461$420,149$78,583$2,534,643
75$3,333,446$365,187$5,667$2,708,433
76$3,595,528$305,153$0$2,898,645
77$3,881,889$239,722$0$3,123,896
78$4,194,926$168,553$0$3,371,627
79$4,537,282$91,285$0$3,642,611
80$4,911,863$7,537$0$3,939,169
81$5,321,873$0$0$4,263,854
82$5,770,837$0$0$4,624,053
83$6,262,639$0$0$5,019,110
84$6,801,555$0$0$5,452,049
85$7,392,294$0$0$5,926,660
86$8,040,043$0$0$6,447,114
87$8,750,515$0$0$7,018,006
88$9,530,003$0$0$7,644,398
89$10,385,437$0$0$8,331,864
90$11,324,452$0$0$9,086,545
91$12,355,456$0$0$9,915,206
92$13,487,715$0$0$10,825,298
93$14,731,431$0$0$11,825,030
94$16,097,848$0$0$12,923,444
95$17,599,349$0$0$14,130,503
96$19,249,579$0$0$15,457,182
97$21,063,567$0$0$16,915,570
98$23,057,874$0$0$18,518,990
99$25,250,744$0$0$20,282,116
100$27,662,276$0$0$22,221,118