Can I retire at age 53 with 444,000?

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 $444,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$36,665$36,339$36,020$35,709$35,405$34,876
2 years$18,151$17,813$17,485$17,168$16,860$16,328
3 years$11,980$11,641$11,314$11,000$10,696$10,178
4 years$8,896$8,557$8,234$7,925$7,629$7,128
5 years$7,046$6,709$6,390$6,087$5,799$5,318
6 years$5,812$5,478$5,164$4,868$4,589$4,127
7 years$4,932$4,601$4,291$4,002$3,732$3,291
8 years$4,272$3,944$3,639$3,357$3,096$2,674
9 years$3,759$3,434$3,135$2,860$2,607$2,205
10 years$3,348$3,027$2,733$2,465$2,222$1,839
11 years$3,013$2,694$2,406$2,145$1,911$1,547
12 years$2,734$2,418$2,135$1,882$1,656$1,311
13 years$2,498$2,186$1,908$1,661$1,444$1,117
14 years$2,295$1,987$1,714$1,475$1,266$956
15 years$2,120$1,815$1,548$1,315$1,114$822
16 years$1,967$1,665$1,403$1,178$985$709
17 years$1,832$1,533$1,277$1,058$873$613
18 years$1,712$1,417$1,165$954$776$531
19 years$1,605$1,313$1,067$862$692$462
20 years$1,509$1,220$979$780$618$402
21 years$1,422$1,137$901$708$553$350
22 years$1,343$1,061$830$644$496$305
23 years$1,271$992$766$586$445$267
24 years$1,205$930$709$535$400$233
25 years$1,145$873$657$488$360$204
26 years$1,089$820$609$447$324$179
27 years$1,037$772$565$409$292$157
28 years$990$727$526$375$264$137
29 years$945$686$489$343$238$121
30 years$904$648$456$315$215$106
31 years$865$612$425$290$195$93
32 years$829$580$396$266$176$82
33 years$795$549$370$245$159$72
34 years$763$520$346$225$144$63
35 years$733$493$323$207$131$55
36 years$705$468$302$191$118$49
37 years$679$445$283$176$107$43
38 years$653$423$265$162$97$38
39 years$630$402$248$149$88$33
40 years$607$382$233$138$80$29
41 years$586$364$218$127$73$26
42 years$565$347$205$117$66$23
43 years$546$330$192$108$60$20
44 years$528$315$180$100$54$17
45 years$510$300$169$92$49$15
46 years$493$286$159$85$45$13
47 years$477$273$149$79$41$12
48 years$462$261$140$73$37$10
49 years$447$249$132$67$33$9
50 years$433$238$124$62$30$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $444,000, adding $3,381 every year, while hoping to spend $35,304 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: 51/34/15 Blend
52$444,000$444,000$444,000$444,000
53$492,776$469,244$462,362$515,731
54$505,475$454,673$440,287$517,275
55$518,287$438,206$416,291$514,970
56$531,186$419,711$390,269$511,678
57$544,141$399,051$362,118$507,319
58$557,119$376,080$331,724$501,804
59$570,081$350,644$298,973$495,039
60$582,983$322,580$263,743$486,921
61$595,777$291,715$225,907$477,343
62$608,405$257,868$185,334$466,186
63$620,805$220,846$141,885$453,327
64$632,905$180,446$95,416$438,630
65$644,626$136,452$45,777$421,950
66$655,878$88,639$0$403,133
67$666,561$36,766$0$383,162
68$676,563$0$0$368,600
69$685,759$0$0$359,213
70$694,009$0$0$363,024
71$701,156$0$0$366,190
72$707,028$0$0$368,612
73$711,431$0$0$370,181
74$714,150$0$0$370,775
75$714,947$0$0$370,259
76$713,555$0$0$368,483
77$709,680$0$0$365,280
78$702,995$0$0$360,465
79$693,137$0$0$353,834
80$679,705$0$0$345,160
81$662,253$0$0$334,190
82$640,286$0$0$320,647
83$613,260$0$0$304,223
84$580,568$0$0$284,576
85$541,541$0$0$261,328
86$495,439$0$0$234,062
87$441,442$0$0$202,317
88$378,645$0$0$165,581
89$306,046$0$0$123,292
90$222,539$0$0$74,825
91$126,900$0$0$19,491
92$17,778$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0