Can I retire at age 54 with 818,000?

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 $818,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$67,550$66,948$66,361$65,788$65,228$64,926
2 years$33,440$32,818$32,214$31,629$31,061$30,756
3 years$22,072$21,447$20,845$20,265$19,706$19,408
4 years$16,389$15,766$15,170$14,600$14,055$13,765
5 years$12,980$12,360$11,772$11,214$10,684$10,405
6 years$10,708$10,093$9,514$8,968$8,454$8,184
7 years$9,086$8,476$7,906$7,373$6,875$6,616
8 years$7,870$7,266$6,705$6,185$5,704$5,455
9 years$6,925$6,326$5,775$5,268$4,803$4,565
10 years$6,169$5,576$5,035$4,541$4,093$3,864
11 years$5,551$4,964$4,432$3,952$3,520$3,301
12 years$5,036$4,456$3,934$3,467$3,050$2,841
13 years$4,601$4,027$3,514$3,061$2,660$2,460
14 years$4,229$3,660$3,158$2,717$2,332$2,142
15 years$3,906$3,343$2,851$2,423$2,053$1,872
16 years$3,624$3,068$2,585$2,169$1,814$1,642
17 years$3,375$2,825$2,352$1,949$1,609$1,445
18 years$3,155$2,611$2,147$1,757$1,430$1,275
19 years$2,957$2,419$1,966$1,587$1,275$1,128
20 years$2,780$2,248$1,804$1,438$1,139$1,000
21 years$2,620$2,094$1,659$1,305$1,019$888
22 years$2,474$1,955$1,529$1,186$914$789
23 years$2,342$1,828$1,412$1,080$820$703
24 years$2,220$1,713$1,306$985$737$626
25 years$2,109$1,608$1,210$900$663$559
26 years$2,006$1,511$1,122$823$597$499
27 years$1,911$1,422$1,042$753$539$446
28 years$1,823$1,340$968$690$486$399
29 years$1,741$1,264$901$633$439$357
30 years$1,665$1,194$839$581$397$320
31 years$1,594$1,128$783$533$359$287
32 years$1,527$1,068$730$490$324$257
33 years$1,465$1,011$682$451$293$231
34 years$1,406$958$637$415$266$207
35 years$1,351$909$596$382$241$186
36 years$1,299$863$557$352$218$167
37 years$1,250$819$521$324$198$150
38 years$1,204$779$488$299$179$134
39 years$1,160$741$457$275$162$121
40 years$1,118$705$429$254$147$109
41 years$1,079$671$402$234$134$98
42 years$1,041$639$377$216$121$88
43 years$1,006$609$354$200$110$79
44 years$972$580$332$184$100$71
45 years$940$553$312$170$91$64
46 years$909$528$293$157$82$57
47 years$879$504$275$145$75$52
48 years$851$481$259$134$68$46
49 years$824$459$243$124$62$42
50 years$799$439$229$115$56$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $818,000, adding $5,174 every year, while hoping to spend $31,672 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: 70/17/13 Blend
53$818,000$818,000$818,000$818,000
54$906,773$863,419$850,740$967,311
55$965,565$872,028$845,541$1,016,782
56$1,029,292$879,997$839,106$1,066,587
57$1,098,425$887,261$831,361$1,120,263
58$1,173,480$893,753$822,227$1,178,185
59$1,255,025$899,397$811,622$1,240,769
60$1,343,686$904,116$799,460$1,308,471
61$1,440,151$907,827$785,651$1,381,795
62$1,545,177$910,440$770,101$1,461,296
63$1,659,597$911,864$752,711$1,547,587
64$1,784,327$911,996$733,377$1,641,345
65$1,920,376$910,732$711,993$1,743,312
66$2,068,854$907,958$688,446$1,854,312
67$2,230,985$903,555$662,616$1,975,249
68$2,408,112$897,396$634,380$2,107,123
69$2,601,718$889,347$603,611$2,251,035
70$2,813,433$879,265$570,171$2,408,199
71$3,045,053$866,998$533,922$2,579,955
72$3,298,554$852,387$494,714$2,767,779
73$3,576,114$835,262$452,394$2,973,300
74$3,880,130$815,442$406,802$3,198,314
75$4,213,242$792,737$357,769$3,444,801
76$4,578,358$766,946$305,119$3,714,944
77$4,978,679$737,856$248,669$4,011,151
78$5,417,733$705,240$188,228$4,336,077
79$5,899,405$668,859$123,597$4,692,649
80$6,427,972$628,461$54,565$5,084,095
81$7,008,148$583,779$0$5,513,973
82$7,645,125$534,529$0$5,988,858
83$8,344,621$480,415$0$6,518,676
84$9,112,936$421,118$0$7,100,653
85$9,957,009$356,307$0$7,740,082
86$10,884,487$285,629$0$8,442,799
87$11,903,791$208,711$0$9,215,234
88$13,024,200$125,160$0$10,064,474
89$14,255,937$34,562$0$10,998,331
90$15,610,264$0$0$12,025,414
91$17,099,590$0$0$13,167,095
92$18,737,584$0$0$14,429,903
93$20,539,310$0$0$15,818,990
94$22,521,362$0$0$17,347,157
95$24,702,026$0$0$19,028,507
96$27,101,447$0$0$20,878,582
97$29,741,823$0$0$22,914,502
98$32,647,612$0$0$25,155,136
99$35,845,764$0$0$27,621,269
100$39,365,972$0$0$30,335,808