Can I retire at age 54 with 786,000?

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 $786,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$64,907$64,329$63,765$63,214$62,677$61,766
2 years$32,132$31,534$30,954$30,392$29,846$28,930
3 years$21,209$20,608$20,029$19,472$18,936$18,043
4 years$15,748$15,149$14,576$14,029$13,505$12,643
5 years$12,472$11,877$11,312$10,775$10,266$9,437
6 years$10,289$9,698$9,142$8,617$8,123$7,328
7 years$8,731$8,145$7,597$7,085$6,606$5,846
8 years$7,562$6,981$6,443$5,943$5,481$4,754
9 years$6,654$6,079$5,549$5,062$4,616$3,922
10 years$5,928$5,358$4,838$4,364$3,933$3,273
11 years$5,334$4,770$4,259$3,798$3,382$2,755
12 years$4,839$4,281$3,780$3,331$2,931$2,335
13 years$4,421$3,869$3,377$2,941$2,556$1,991
14 years$4,063$3,517$3,034$2,611$2,240$1,706
15 years$3,753$3,213$2,740$2,328$1,973$1,467
16 years$3,482$2,948$2,484$2,085$1,743$1,266
17 years$3,243$2,715$2,260$1,873$1,546$1,096
18 years$3,031$2,508$2,063$1,688$1,375$951
19 years$2,842$2,325$1,889$1,525$1,225$826
20 years$2,671$2,160$1,733$1,381$1,094$720
21 years$2,517$2,012$1,594$1,254$979$628
22 years$2,378$1,878$1,469$1,140$878$548
23 years$2,250$1,757$1,357$1,038$788$479
24 years$2,134$1,646$1,255$947$708$419
25 years$2,026$1,545$1,162$865$637$367
26 years$1,928$1,452$1,078$791$574$322
27 years$1,836$1,366$1,001$724$518$282
28 years$1,752$1,287$930$663$467$248
29 years$1,673$1,215$866$608$422$217
30 years$1,600$1,147$807$558$381$191
31 years$1,532$1,084$752$512$344$168
32 years$1,468$1,026$702$471$312$148
33 years$1,408$972$655$433$282$130
34 years$1,351$921$612$399$255$114
35 years$1,298$873$572$367$231$100
36 years$1,248$829$535$338$210$88
37 years$1,201$787$501$311$190$78
38 years$1,157$748$469$287$172$68
39 years$1,115$712$440$265$156$60
40 years$1,075$677$412$244$142$53
41 years$1,037$644$386$225$128$47
42 years$1,001$614$362$208$117$41
43 years$966$585$340$192$106$36
44 years$934$557$319$177$96$32
45 years$903$532$300$164$87$28
46 years$873$507$282$151$79$25
47 years$845$484$264$140$72$22
48 years$818$462$249$129$65$19
49 years$792$441$234$119$59$17
50 years$767$421$220$110$54$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $786,000, adding $5,263 every year, while hoping to spend $56,468 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: 79/14/7 Blend
53$786,000$786,000$786,000$786,000
54$871,601$829,943$817,760$939,357
55$900,423$810,528$785,073$965,115
56$930,292$788,270$749,399$985,438
57$961,255$762,969$710,578$1,006,045
58$993,363$734,415$668,442$1,026,937
59$1,026,669$702,384$622,818$1,048,114
60$1,061,230$666,641$573,523$1,069,579
61$1,097,106$626,937$520,366$1,091,334
62$1,134,361$583,008$463,149$1,113,382
63$1,173,065$534,574$401,664$1,135,727
64$1,213,292$481,342$335,693$1,158,374
65$1,255,119$423,000$265,011$1,181,332
66$1,298,632$359,218$189,380$1,204,607
67$1,343,922$289,649$108,553$1,228,209
68$1,391,085$213,925$22,273$1,252,153
69$1,440,227$131,658$0$1,276,451
70$1,491,459$42,438$0$1,306,336
71$1,544,904$0$0$1,338,728
72$1,600,691$0$0$1,380,355
73$1,658,962$0$0$1,430,670
74$1,719,869$0$0$1,483,266
75$1,783,577$0$0$1,538,288
76$1,850,264$0$0$1,595,889
77$1,920,123$0$0$1,656,237
78$1,993,364$0$0$1,719,514
79$2,070,213$0$0$1,785,917
80$2,150,916$0$0$1,855,660
81$2,235,742$0$0$1,928,976
82$2,324,981$0$0$2,006,117
83$2,418,950$0$0$2,087,359
84$2,517,993$0$0$2,173,001
85$2,622,487$0$0$2,263,369
86$2,732,841$0$0$2,358,820
87$2,849,501$0$0$2,459,741
88$2,972,954$0$0$2,566,556
89$3,103,733$0$0$2,679,727
90$3,242,418$0$0$2,799,761
91$3,389,646$0$0$2,927,210
92$3,546,111$0$0$3,062,677
93$3,712,573$0$0$3,206,824
94$3,889,864$0$0$3,360,374
95$4,078,895$0$0$3,524,119
96$4,280,663$0$0$3,698,928
97$4,496,262$0$0$3,885,751
98$4,726,890$0$0$4,085,629
99$4,973,860$0$0$4,299,707
100$5,238,613$0$0$4,529,237