Can I retire at age 54 with 865,000?

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 $865,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$71,431$70,795$70,174$69,568$68,976$66,715
2 years$35,362$34,703$34,065$33,446$32,846$30,589
3 years$23,340$22,679$22,042$21,429$20,839$18,658
4 years$17,331$16,671$16,041$15,439$14,862$12,773
5 years$13,726$13,071$12,449$11,858$11,298$9,307
6 years$11,324$10,673$10,060$9,483$8,940$7,048
7 years$9,608$8,963$8,360$7,797$7,270$5,478
8 years$8,322$7,683$7,090$6,540$6,032$4,337
9 years$7,323$6,690$6,107$5,571$5,079$3,481
10 years$6,524$5,897$5,324$4,802$4,328$2,822
11 years$5,870$5,249$4,687$4,179$3,722$2,307
12 years$5,326$4,712$4,160$3,666$3,226$1,898
13 years$4,866$4,258$3,716$3,236$2,813$1,569
14 years$4,472$3,870$3,339$2,873$2,466$1,303
15 years$4,131$3,536$3,015$2,562$2,171$1,085
16 years$3,832$3,244$2,733$2,294$1,919$906
17 years$3,569$2,987$2,487$2,061$1,701$759
18 years$3,336$2,761$2,271$1,858$1,513$636
19 years$3,127$2,558$2,079$1,679$1,348$535
20 years$2,940$2,377$1,908$1,520$1,204$450
21 years$2,770$2,214$1,755$1,380$1,078$378
22 years$2,617$2,067$1,617$1,254$966$319
23 years$2,476$1,933$1,493$1,142$867$269
24 years$2,348$1,811$1,381$1,042$779$227
25 years$2,230$1,700$1,279$952$701$192
26 years$2,121$1,598$1,186$870$632$162
27 years$2,021$1,504$1,102$796$570$137
28 years$1,928$1,417$1,024$730$514$116
29 years$1,841$1,337$953$669$464$98
30 years$1,761$1,262$888$614$419$83
31 years$1,686$1,193$828$564$379$70
32 years$1,615$1,129$772$518$343$59
33 years$1,549$1,069$721$477$310$50
34 years$1,487$1,013$674$439$281$42
35 years$1,429$961$630$404$255$36
36 years$1,374$912$589$372$231$30
37 years$1,322$866$551$343$209$26
38 years$1,273$823$516$316$189$22
39 years$1,227$783$484$291$172$18
40 years$1,183$745$453$269$156$16
41 years$1,141$709$425$248$141$13
42 years$1,101$675$399$229$128$11
43 years$1,064$644$374$211$116$9
44 years$1,028$613$351$195$106$8
45 years$994$585$330$180$96$7
46 years$961$558$310$166$87$6
47 years$930$533$291$154$79$5
48 years$900$508$274$142$72$4
49 years$872$485$257$131$65$3
50 years$845$464$242$121$59$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $865,000, adding $4,966 every year, while hoping to spend $37,565 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: 39/34/27 Blend
53$865,000$865,000$865,000$865,000
54$958,352$912,507$899,100$987,890
55$1,016,136$917,251$889,251$1,014,620
56$1,078,553$920,969$877,813$1,039,663
57$1,146,039$923,570$864,693$1,066,018
58$1,219,069$924,959$849,794$1,093,831
59$1,298,166$925,034$833,014$1,123,260
60$1,383,906$923,687$814,247$1,154,485
61$1,476,921$920,804$793,381$1,187,707
62$1,577,907$916,264$770,299$1,223,148
63$1,687,629$909,936$744,880$1,261,057
64$1,806,930$901,685$716,996$1,301,711
65$1,936,734$891,366$686,513$1,345,421
66$2,078,062$878,824$653,292$1,392,530
67$2,232,034$863,896$617,187$1,443,421
68$2,399,885$846,410$578,046$1,498,521
69$2,582,973$826,183$535,710$1,558,304
70$2,782,791$803,022$490,012$1,623,297
71$3,000,987$776,721$440,778$1,694,085
72$3,239,371$747,063$387,827$1,771,320
73$3,499,936$713,819$330,969$1,855,723
74$3,784,879$676,745$270,006$1,948,095
75$4,096,616$635,586$204,731$2,049,328
76$4,437,810$590,068$134,928$2,160,407
77$4,811,391$539,906$60,372$2,282,427
78$5,220,586$484,794$0$2,416,601
79$5,668,949$424,413$0$2,569,804
80$6,160,395$358,422$0$2,756,915
81$6,699,235$286,465$0$2,962,250
82$7,290,217$208,161$0$3,187,712
83$7,938,570$123,112$0$3,435,406
84$8,650,055$30,895$0$3,707,658
85$9,431,016$0$0$4,007,033
86$10,288,443$0$0$4,362,158
87$11,230,035$0$0$4,764,958
88$12,264,273$0$0$5,207,516
89$13,400,499$0$0$5,693,845
90$14,649,006$0$0$6,228,368
91$16,021,133$0$0$6,815,955
92$17,529,372$0$0$7,461,973
93$19,187,485$0$0$8,172,335
94$21,010,634$0$0$8,953,555
95$23,015,524$0$0$9,812,811
96$25,220,560$0$0$10,758,009
97$27,646,019$0$0$11,797,862
98$30,314,243$0$0$12,941,970
99$33,249,849$0$0$14,200,911
100$36,479,958$0$0$15,586,337