Can I retire at age 53 with 852,000?

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 $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%13%
1 years$70,357$69,731$69,119$68,522$67,940$67,091
2 years$34,830$34,182$33,553$32,943$32,352$31,498
3 years$22,990$22,338$21,711$21,107$20,526$19,693
4 years$17,070$16,421$15,800$15,207$14,639$13,834
5 years$13,520$12,874$12,262$11,680$11,128$10,353
6 years$11,153$10,513$9,909$9,341$8,805$8,061
7 years$9,464$8,829$8,235$7,679$7,161$6,448
8 years$8,197$7,568$6,984$6,442$5,941$5,259
9 years$7,213$6,589$6,015$5,487$5,003$4,352
10 years$6,425$5,808$5,244$4,730$4,263$3,642
11 years$5,782$5,170$4,617$4,117$3,666$3,076
12 years$5,246$4,641$4,097$3,611$3,177$2,616
13 years$4,793$4,194$3,661$3,188$2,770$2,237
14 years$4,405$3,812$3,289$2,830$2,429$1,923
15 years$4,068$3,482$2,970$2,524$2,138$1,660
16 years$3,775$3,195$2,692$2,260$1,890$1,438
17 years$3,516$2,943$2,450$2,030$1,676$1,248
18 years$3,286$2,719$2,236$1,830$1,490$1,087
19 years$3,080$2,520$2,047$1,653$1,328$948
20 years$2,896$2,342$1,879$1,497$1,186$829
21 years$2,729$2,181$1,728$1,359$1,062$726
22 years$2,577$2,036$1,593$1,236$951$636
23 years$2,439$1,904$1,471$1,125$854$558
24 years$2,313$1,784$1,360$1,026$768$490
25 years$2,197$1,674$1,260$937$691$431
26 years$2,090$1,574$1,168$857$622$379
27 years$1,991$1,481$1,085$784$561$334
28 years$1,899$1,396$1,009$719$506$294
29 years$1,814$1,317$939$659$457$259
30 years$1,734$1,243$874$605$413$229
31 years$1,660$1,175$815$556$373$202
32 years$1,591$1,112$760$511$338$178
33 years$1,526$1,053$710$469$306$157
34 years$1,465$998$663$432$277$139
35 years$1,407$947$620$398$251$123
36 years$1,353$899$580$366$227$108
37 years$1,302$853$543$337$206$96
38 years$1,254$811$509$311$187$85
39 years$1,208$771$476$287$169$75
40 years$1,165$734$447$265$154$66
41 years$1,124$699$419$244$139$59
42 years$1,085$665$393$225$126$52
43 years$1,048$634$369$208$115$46
44 years$1,012$604$346$192$104$40
45 years$979$576$325$177$95$36
46 years$947$550$305$164$86$32
47 years$916$525$287$151$78$28
48 years$887$501$269$140$71$25
49 years$859$478$253$129$64$22
50 years$832$457$238$119$58$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $852,000, adding $3,974 every year, while hoping to spend $55,951 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: 39/44/17 Blend
52$852,000$852,000$852,000$852,000
53$943,003$897,847$884,641$974,846
54$979,658$882,310$854,745$982,442
55$1,018,177$864,137$821,973$984,976
56$1,058,690$843,139$786,168$986,534
57$1,101,340$819,116$747,168$987,058
58$1,146,282$791,858$704,804$986,488
59$1,193,686$761,142$658,898$984,760
60$1,243,734$726,731$609,264$981,814
61$1,296,630$688,375$555,708$977,585
62$1,352,590$645,810$498,029$972,012
63$1,411,855$598,756$436,014$965,030
64$1,474,686$546,917$369,442$956,576
65$1,541,369$489,980$298,083$946,590
66$1,612,216$427,617$221,696$935,010
67$1,687,569$359,476$140,029$921,778
68$1,767,800$285,190$52,820$906,839
69$1,853,321$204,370$0$890,140
70$1,944,579$116,603$0$878,936
71$2,042,065$21,456$0$876,582
72$2,146,318$0$0$873,508
73$2,257,927$0$0$909,218
74$2,377,540$0$0$958,698
75$2,505,866$0$0$1,011,862
76$2,643,685$0$0$1,069,043
77$2,791,851$0$0$1,130,606
78$2,951,304$0$0$1,196,953
79$3,123,073$0$0$1,268,525
80$3,308,291$0$0$1,345,806
81$3,508,200$0$0$1,429,329
82$3,724,169$0$0$1,519,677
83$3,957,697$0$0$1,617,495
84$4,210,436$0$0$1,723,488
85$4,484,199$0$0$1,838,435
86$4,780,981$0$0$1,963,189
87$5,102,976$0$0$2,098,691
88$5,452,596$0$0$2,245,975
89$5,832,494$0$0$2,406,179
90$6,245,590$0$0$2,580,553
91$6,695,094$0$0$2,770,475
92$7,184,540$0$0$2,977,460
93$7,717,815$0$0$3,203,177
94$8,299,199$0$0$3,449,460
95$8,933,401$0$0$3,718,329
96$9,625,602$0$0$4,012,010
97$10,381,510$0$0$4,332,951
98$11,207,405$0$0$4,683,846
99$12,110,200$0$0$5,067,664
100$13,097,509$0$0$5,487,672