Can I retire at age 53 with 825,000?

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 $825,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$68,128$67,521$66,929$66,351$65,787$65,290
2 years$33,727$33,098$32,490$31,899$31,327$30,826
3 years$22,261$21,630$21,023$20,438$19,875$19,386
4 years$16,529$15,900$15,299$14,725$14,175$13,701
5 years$13,091$12,466$11,873$11,310$10,776$10,318
6 years$10,800$10,180$9,595$9,045$8,526$8,086
7 years$9,164$8,549$7,974$7,436$6,934$6,511
8 years$7,938$7,328$6,762$6,238$5,753$5,347
9 years$6,984$6,380$5,824$5,313$4,845$4,456
10 years$6,222$5,624$5,078$4,580$4,128$3,757
11 years$5,599$5,007$4,470$3,986$3,550$3,196
12 years$5,080$4,494$3,967$3,496$3,076$2,738
13 years$4,641$4,061$3,545$3,087$2,683$2,361
14 years$4,265$3,691$3,185$2,740$2,352$2,046
15 years$3,940$3,372$2,875$2,444$2,071$1,780
16 years$3,655$3,094$2,607$2,188$1,830$1,554
17 years$3,404$2,849$2,372$1,966$1,623$1,361
18 years$3,182$2,633$2,166$1,772$1,443$1,195
19 years$2,983$2,440$1,982$1,601$1,286$1,052
20 years$2,804$2,267$1,819$1,450$1,149$927
21 years$2,642$2,112$1,674$1,316$1,028$819
22 years$2,496$1,972$1,542$1,196$921$725
23 years$2,362$1,844$1,424$1,090$827$642
24 years$2,239$1,728$1,317$994$743$569
25 years$2,127$1,621$1,220$908$669$505
26 years$2,023$1,524$1,131$830$603$449
27 years$1,928$1,434$1,051$760$543$399
28 years$1,839$1,351$977$696$490$355
29 years$1,756$1,275$909$638$443$316
30 years$1,679$1,204$847$586$400$281
31 years$1,608$1,138$789$538$362$251
32 years$1,540$1,077$736$494$327$223
33 years$1,477$1,020$688$455$296$199
34 years$1,418$967$642$418$268$178
35 years$1,363$917$601$385$243$159
36 years$1,310$870$562$355$220$141
37 years$1,261$826$526$327$199$126
38 years$1,214$785$492$301$181$113
39 years$1,170$747$461$278$164$101
40 years$1,128$711$432$256$149$90
41 years$1,088$676$406$236$135$80
42 years$1,050$644$380$218$122$72
43 years$1,014$614$357$201$111$64
44 years$980$585$335$186$101$57
45 years$948$558$315$172$92$51
46 years$917$532$295$159$83$46
47 years$887$508$278$147$75$41
48 years$859$485$261$135$69$37
49 years$831$463$245$125$62$33
50 years$805$442$231$116$57$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $825,000, adding $4,623 every year, while hoping to spend $40,824 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: 44/33/23 Blend
52$825,000$825,000$825,000$825,000
53$913,919$870,194$857,406$947,858
54$963,702$869,397$842,693$971,538
55$1,017,195$867,192$826,118$992,866
56$1,074,733$863,469$807,577$1,015,166
57$1,136,684$858,107$786,959$1,038,548
58$1,203,452$850,981$764,149$1,063,137
59$1,275,481$841,956$739,026$1,089,073
60$1,353,260$830,892$711,463$1,116,514
61$1,437,325$817,638$681,328$1,145,637
62$1,528,264$802,033$648,485$1,176,640
63$1,626,725$783,911$612,787$1,209,743
64$1,733,420$763,092$574,085$1,245,195
65$1,849,132$739,387$532,220$1,283,273
66$1,974,723$712,596$487,029$1,324,285
67$2,111,138$682,508$438,338$1,368,577
68$2,259,421$648,897$385,969$1,416,533
69$2,420,716$611,527$329,733$1,468,583
70$2,596,284$570,147$269,434$1,525,205
71$2,787,513$524,492$204,868$1,586,931
72$2,995,929$474,282$135,821$1,654,353
73$3,223,212$419,220$62,069$1,728,130
74$3,471,212$358,994$0$1,808,997
75$3,741,964$293,273$0$1,901,850
76$4,037,708$221,707$0$2,020,033
77$4,360,911$143,927$0$2,149,365
78$4,714,288$59,544$0$2,291,028
79$5,100,829$0$0$2,446,328
80$5,523,827$0$0$2,628,279
81$5,986,906$0$0$2,851,238
82$6,494,058$0$0$3,095,517
83$7,049,679$0$0$3,363,247
84$7,658,610$0$0$3,656,773
85$8,326,182$0$0$3,978,679
86$9,058,268$0$0$4,331,809
87$9,861,336$0$0$4,719,299
88$10,742,509$0$0$5,144,601
89$11,709,634$0$0$5,611,518
90$12,771,355$0$0$6,124,238
91$13,937,192$0$0$6,687,376
92$15,217,635$0$0$7,306,017
93$16,624,236$0$0$7,985,759
94$18,169,724$0$0$8,732,773
95$19,868,121$0$0$9,553,855
96$21,734,875$0$0$10,456,493
97$23,787,004$0$0$11,448,937
98$26,043,259$0$0$12,540,275
99$28,524,296$0$0$13,740,521
100$31,252,874$0$0$15,060,708