Can I retire at age 54 with 852,000?

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 $852,000?

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 years$70,357$69,731$69,119$68,522$67,940$67,653
2 years$34,830$34,182$33,553$32,943$32,352$32,063
3 years$22,990$22,338$21,711$21,107$20,526$20,243
4 years$17,070$16,421$15,800$15,207$14,639$14,365
5 years$13,520$12,874$12,262$11,680$11,128$10,863
6 years$11,153$10,513$9,909$9,341$8,805$8,550
7 years$9,464$8,829$8,235$7,679$7,161$6,915
8 years$8,197$7,568$6,984$6,442$5,941$5,705
9 years$7,213$6,589$6,015$5,487$5,003$4,776
10 years$6,425$5,808$5,244$4,730$4,263$4,046
11 years$5,782$5,170$4,617$4,117$3,666$3,459
12 years$5,246$4,641$4,097$3,611$3,177$2,979
13 years$4,793$4,194$3,661$3,188$2,770$2,581
14 years$4,405$3,812$3,289$2,830$2,429$2,248
15 years$4,068$3,482$2,970$2,524$2,138$1,966
16 years$3,775$3,195$2,692$2,260$1,890$1,726
17 years$3,516$2,943$2,450$2,030$1,676$1,520
18 years$3,286$2,719$2,236$1,830$1,490$1,342
19 years$3,080$2,520$2,047$1,653$1,328$1,188
20 years$2,896$2,342$1,879$1,497$1,186$1,054
21 years$2,729$2,181$1,728$1,359$1,062$936
22 years$2,577$2,036$1,593$1,236$951$833
23 years$2,439$1,904$1,471$1,125$854$742
24 years$2,313$1,784$1,360$1,026$768$662
25 years$2,197$1,674$1,260$937$691$591
26 years$2,090$1,574$1,168$857$622$529
27 years$1,991$1,481$1,085$784$561$473
28 years$1,899$1,396$1,009$719$506$423
29 years$1,814$1,317$939$659$457$379
30 years$1,734$1,243$874$605$413$340
31 years$1,660$1,175$815$556$373$305
32 years$1,591$1,112$760$511$338$274
33 years$1,526$1,053$710$469$306$246
34 years$1,465$998$663$432$277$220
35 years$1,407$947$620$398$251$198
36 years$1,353$899$580$366$227$178
37 years$1,302$853$543$337$206$160
38 years$1,254$811$509$311$187$144
39 years$1,208$771$476$287$169$129
40 years$1,165$734$447$265$154$116
41 years$1,124$699$419$244$139$105
42 years$1,085$665$393$225$126$94
43 years$1,048$634$369$208$115$85
44 years$1,012$604$346$192$104$76
45 years$979$576$325$177$95$69
46 years$947$550$305$164$86$62
47 years$916$525$287$151$78$56
48 years$887$501$269$140$71$50
49 years$859$478$253$129$64$45
50 years$832$457$238$119$58$41

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $852,000, adding $5,903 every year, while hoping to spend $29,299 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: 26/47/27 Blend
53$852,000$852,000$852,000$852,000
54$944,993$899,837$886,631$961,459
55$1,010,208$912,755$885,159$988,286
56$1,081,094$925,324$882,656$1,014,152
57$1,158,196$937,496$879,056$1,041,300
58$1,242,119$949,220$874,291$1,069,857
59$1,333,524$960,440$868,288$1,099,967
60$1,433,140$971,099$860,973$1,131,787
61$1,541,771$981,133$852,266$1,165,497
62$1,660,299$990,476$842,084$1,201,292
63$1,789,697$999,057$830,342$1,239,393
64$1,931,034$1,006,799$816,947$1,280,042
65$2,085,491$1,013,623$801,805$1,323,512
66$2,254,362$1,019,443$784,818$1,370,104
67$2,439,078$1,024,166$765,879$1,420,154
68$2,641,210$1,027,696$744,882$1,474,033
69$2,862,489$1,029,929$721,712$1,532,156
70$3,104,823$1,030,756$696,249$1,594,981
71$3,370,312$1,030,059$668,370$1,663,017
72$3,661,267$1,027,716$637,944$1,736,831
73$3,980,236$1,023,594$604,835$1,817,048
74$4,330,024$1,017,554$568,901$1,904,365
75$4,713,721$1,009,447$529,993$1,999,552
76$5,134,728$999,118$487,956$2,103,463
77$5,596,794$986,399$442,626$2,217,044
78$6,104,049$971,114$393,836$2,341,346
79$6,661,039$953,076$341,407$2,477,529
80$7,272,776$932,087$285,154$2,626,880
81$7,944,777$907,938$224,885$2,790,822
82$8,683,123$880,406$160,398$2,970,933
83$9,494,511$849,256$91,481$3,168,956
84$10,386,322$814,239$17,916$3,386,823
85$11,366,682$775,093$0$3,626,667
86$12,444,550$731,539$0$3,908,309
87$13,629,792$683,282$0$4,223,546
88$14,933,280$630,012$0$4,570,174
89$16,366,991$571,398$0$4,951,460
90$17,944,121$507,094$0$5,371,014
91$19,679,211$436,731$0$5,832,820
92$21,588,281$359,922$0$6,341,276
93$23,688,983$276,255$0$6,901,237
94$26,000,765$185,298$0$7,518,061
95$28,545,058$86,592$0$8,197,661
96$31,345,473$0$0$8,946,564
97$34,428,028$0$0$9,782,495
98$37,821,391$0$0$10,752,184
99$41,557,151$0$0$11,819,895
100$45,670,115$0$0$12,995,599