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%11.5%
1 years$68,128$67,521$66,929$66,351$65,787$65,372
2 years$33,727$33,098$32,490$31,899$31,327$30,909
3 years$22,261$21,630$21,023$20,438$19,875$19,466
4 years$16,529$15,900$15,299$14,725$14,175$13,779
5 years$13,091$12,466$11,873$11,310$10,776$10,393
6 years$10,800$10,180$9,595$9,045$8,526$8,158
7 years$9,164$8,549$7,974$7,436$6,934$6,580
8 years$7,938$7,328$6,762$6,238$5,753$5,413
9 years$6,984$6,380$5,824$5,313$4,845$4,519
10 years$6,222$5,624$5,078$4,580$4,128$3,816
11 years$5,599$5,007$4,470$3,986$3,550$3,252
12 years$5,080$4,494$3,967$3,496$3,076$2,792
13 years$4,641$4,061$3,545$3,087$2,683$2,412
14 years$4,265$3,691$3,185$2,740$2,352$2,094
15 years$3,940$3,372$2,875$2,444$2,071$1,825
16 years$3,655$3,094$2,607$2,188$1,830$1,597
17 years$3,404$2,849$2,372$1,966$1,623$1,402
18 years$3,182$2,633$2,166$1,772$1,443$1,233
19 years$2,983$2,440$1,982$1,601$1,286$1,088
20 years$2,804$2,267$1,819$1,450$1,149$961
21 years$2,642$2,112$1,674$1,316$1,028$851
22 years$2,496$1,972$1,542$1,196$921$754
23 years$2,362$1,844$1,424$1,090$827$670
24 years$2,239$1,728$1,317$994$743$595
25 years$2,127$1,621$1,220$908$669$529
26 years$2,023$1,524$1,131$830$603$471
27 years$1,928$1,434$1,051$760$543$420
28 years$1,839$1,351$977$696$490$375
29 years$1,756$1,275$909$638$443$334
30 years$1,679$1,204$847$586$400$298
31 years$1,608$1,138$789$538$362$267
32 years$1,540$1,077$736$494$327$238
33 years$1,477$1,020$688$455$296$213
34 years$1,418$967$642$418$268$190
35 years$1,363$917$601$385$243$170
36 years$1,310$870$562$355$220$152
37 years$1,261$826$526$327$199$136
38 years$1,214$785$492$301$181$122
39 years$1,170$747$461$278$164$109
40 years$1,128$711$432$256$149$98
41 years$1,088$676$406$236$135$88
42 years$1,050$644$380$218$122$79
43 years$1,014$614$357$201$111$70
44 years$980$585$335$186$101$63
45 years$948$558$315$172$92$56
46 years$917$532$295$159$83$51
47 years$887$508$278$147$75$45
48 years$859$485$261$135$69$41
49 years$831$463$245$125$62$36
50 years$805$442$231$116$57$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $825,000, adding $6,288 every year, while hoping to spend $29,253 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: 50/42/8 Blend
52$825,000$825,000$825,000$825,000
53$915,636$871,911$859,124$959,213
54$977,906$883,510$856,779$1,001,233
55$1,045,547$894,696$853,376$1,043,223
56$1,119,076$905,420$848,847$1,088,163
57$1,199,062$915,625$843,124$1,136,336
58$1,286,130$925,255$836,133$1,188,055
59$1,380,970$934,247$827,797$1,243,666
60$1,484,338$942,534$818,038$1,303,551
61$1,597,069$950,047$806,770$1,368,132
62$1,720,080$956,709$793,907$1,437,873
63$1,854,381$962,441$779,356$1,513,289
64$2,001,086$967,158$763,022$1,594,947
65$2,161,417$970,770$744,804$1,683,474
66$2,336,723$973,179$724,597$1,779,561
67$2,528,488$974,284$702,290$1,883,971
68$2,738,345$973,975$677,768$1,997,548
69$2,968,095$972,138$650,911$2,121,223
70$3,219,717$968,650$621,594$2,256,022
71$3,495,395$963,380$589,684$2,403,080
72$3,797,531$956,191$555,044$2,563,649
73$4,128,771$946,937$517,530$2,739,110
74$4,492,031$935,461$476,992$2,930,990
75$4,890,519$921,601$433,272$3,140,971
76$5,327,773$905,180$386,208$3,370,912
77$5,807,688$886,015$335,628$3,622,863
78$6,334,552$863,911$281,352$3,899,088
79$6,913,093$838,659$223,194$4,202,083
80$7,548,516$810,041$160,958$4,534,605
81$8,246,557$777,825$94,442$4,899,695
82$9,013,533$741,765$23,433$5,300,709
83$9,856,403$701,602$0$5,741,348
84$10,782,836$657,060$0$6,230,166
85$11,801,280$607,851$0$6,769,627
86$12,921,041$553,665$0$7,362,720
87$14,152,372$494,180$0$8,014,953
88$15,506,570$429,051$0$8,732,399
89$16,996,082$357,917$0$9,521,756
90$18,634,622$280,394$0$10,390,412
91$20,437,298$196,078$0$11,346,514
92$22,420,759$104,542$0$12,399,046
93$24,603,346$5,335$0$13,557,916
94$27,005,271$0$0$14,834,050
95$29,648,803$0$0$16,286,649
96$32,558,478$0$0$17,888,309
97$35,761,333$0$0$19,651,463
98$39,287,159$0$0$21,592,523
99$43,168,781$0$0$23,729,573
100$47,442,370$0$0$26,082,544