Can I retire at age 54 with 436,000?

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 $436,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$36,004$35,684$35,371$35,065$34,767$34,592
2 years$17,824$17,492$17,170$16,858$16,556$16,379
3 years$11,765$11,431$11,110$10,801$10,504$10,330
4 years$8,736$8,403$8,085$7,782$7,491$7,323
5 years$6,919$6,588$6,275$5,977$5,695$5,532
6 years$5,708$5,380$5,071$4,780$4,506$4,350
7 years$4,843$4,518$4,214$3,930$3,665$3,514
8 years$4,195$3,873$3,574$3,297$3,040$2,896
9 years$3,691$3,372$3,078$2,808$2,560$2,422
10 years$3,288$2,972$2,684$2,421$2,181$2,049
11 years$2,959$2,646$2,363$2,107$1,876$1,749
12 years$2,684$2,375$2,097$1,848$1,626$1,505
13 years$2,453$2,146$1,873$1,631$1,418$1,302
14 years$2,254$1,951$1,683$1,448$1,243$1,133
15 years$2,082$1,782$1,520$1,291$1,094$989
16 years$1,932$1,635$1,378$1,156$967$867
17 years$1,799$1,506$1,254$1,039$858$763
18 years$1,681$1,391$1,144$936$762$673
19 years$1,576$1,290$1,048$846$680$595
20 years$1,482$1,198$962$766$607$527
21 years$1,396$1,116$884$695$543$467
22 years$1,319$1,042$815$632$487$415
23 years$1,248$974$753$576$437$369
24 years$1,184$913$696$525$393$329
25 years$1,124$857$645$480$354$293
26 years$1,069$805$598$439$318$262
27 years$1,019$758$555$401$287$234
28 years$972$714$516$368$259$209
29 years$928$674$480$337$234$187
30 years$888$636$447$310$211$167
31 years$850$601$417$284$191$150
32 years$814$569$389$261$173$134
33 years$781$539$363$240$156$120
34 years$750$511$340$221$142$108
35 years$720$484$317$203$128$97
36 years$692$460$297$187$116$87
37 years$666$437$278$173$105$78
38 years$642$415$260$159$96$70
39 years$618$395$244$147$87$63
40 years$596$376$229$135$79$56
41 years$575$357$214$125$71$51
42 years$555$340$201$115$65$45
43 years$536$324$189$106$59$41
44 years$518$309$177$98$53$37
45 years$501$295$166$91$48$33
46 years$484$281$156$84$44$30
47 years$469$268$147$77$40$27
48 years$454$256$138$72$36$24
49 years$439$245$130$66$33$21
50 years$426$234$122$61$30$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $436,000, adding $6,435 every year, while hoping to spend $35,398 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: 50/28/22 Blend
53$436,000$436,000$436,000$436,000
54$487,110$464,002$457,244$508,169
55$499,132$449,075$434,898$508,522
56$511,194$432,230$410,618$504,785
57$523,262$413,336$384,300$499,989
58$535,299$392,253$355,838$494,049
59$547,262$368,836$325,121$486,872
60$559,102$342,928$292,032$478,360
61$570,764$314,365$256,449$468,405
62$582,186$282,974$218,245$456,896
63$593,300$248,570$177,287$443,708
64$604,027$210,961$133,436$428,711
65$614,280$169,940$86,548$411,763
66$623,960$125,291$36,471$392,714
67$632,959$76,785$0$371,399
68$641,155$24,182$0$351,627
69$648,411$0$0$338,620
70$654,576$0$0$333,744
71$659,481$0$0$335,598
72$662,937$0$0$336,627
73$664,736$0$0$336,716
74$664,645$0$0$335,735
75$662,406$0$0$333,541
76$657,733$0$0$329,975
77$650,307$0$0$324,862
78$639,777$0$0$318,006
79$625,751$0$0$309,191
80$607,797$0$0$298,177
81$585,437$0$0$284,700
82$558,138$0$0$268,465
83$525,313$0$0$249,148
84$486,314$0$0$226,390
85$440,420$0$0$199,793
86$386,836$0$0$168,918
87$324,684$0$0$133,279
88$252,992$0$0$92,339
89$170,686$0$0$45,506
90$76,580$0$0$0
91$0$0$0$0
92$0$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