Can I retire at age 54 with 456,000?

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 $456,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$37,656$37,321$36,993$36,674$36,362$35,086
2 years$18,642$18,294$17,958$17,632$17,315$16,043
3 years$12,304$11,956$11,620$11,297$10,986$9,757
4 years$9,136$8,789$8,456$8,139$7,835$6,660
5 years$7,236$6,890$6,562$6,251$5,956$4,837
6 years$5,969$5,627$5,303$4,999$4,713$3,651
7 years$5,065$4,725$4,407$4,110$3,833$2,828
8 years$4,387$4,050$3,738$3,448$3,180$2,231
9 years$3,860$3,527$3,219$2,937$2,678$1,784
10 years$3,439$3,108$2,807$2,532$2,282$1,441
11 years$3,094$2,767$2,471$2,203$1,962$1,173
12 years$2,808$2,484$2,193$1,933$1,700$962
13 years$2,565$2,245$1,959$1,706$1,483$792
14 years$2,357$2,040$1,760$1,515$1,300$655
15 years$2,177$1,864$1,589$1,351$1,144$543
16 years$2,020$1,710$1,441$1,209$1,011$452
17 years$1,882$1,575$1,311$1,087$897$376
18 years$1,759$1,455$1,197$979$797$314
19 years$1,649$1,349$1,096$885$711$263
20 years$1,550$1,253$1,006$801$635$220
21 years$1,460$1,167$925$727$568$184
22 years$1,379$1,090$853$661$509$155
23 years$1,305$1,019$787$602$457$130
24 years$1,238$955$728$549$411$109
25 years$1,176$896$674$502$370$92
26 years$1,118$842$625$459$333$77
27 years$1,065$793$581$420$300$65
28 years$1,016$747$540$385$271$54
29 years$971$705$502$353$245$46
30 years$928$665$468$324$221$39
31 years$889$629$436$297$200$32
32 years$851$595$407$273$181$27
33 years$817$564$380$251$164$23
34 years$784$534$355$231$148$19
35 years$753$507$332$213$134$16
36 years$724$481$311$196$122$14
37 years$697$457$291$181$110$12
38 years$671$434$272$166$100$10
39 years$647$413$255$153$91$8
40 years$623$393$239$142$82$7
41 years$601$374$224$131$75$6
42 years$581$356$210$121$68$5
43 years$561$339$197$111$61$4
44 years$542$323$185$103$56$3
45 years$524$308$174$95$51$3
46 years$507$294$163$88$46$2
47 years$490$281$153$81$42$2
48 years$475$268$144$75$38$2
49 years$460$256$136$69$34$1
50 years$445$244$127$64$31$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $456,000, adding $5,495 every year, while hoping to spend $35,653 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: 68/22/10 Blend
53$456,000$456,000$456,000$456,000
54$508,180$484,012$476,944$541,329
55$522,080$469,794$454,987$549,835
56$536,203$453,685$431,100$554,331
57$550,533$435,553$405,180$558,310
58$565,054$415,262$377,120$561,714
59$579,745$392,665$346,808$564,485
60$594,581$367,608$314,129$566,556
61$609,535$339,927$278,959$567,855
62$624,576$309,452$241,172$568,307
63$639,665$275,998$200,634$567,829
64$654,763$239,373$157,207$566,330
65$669,821$199,374$110,745$563,713
66$684,785$155,786$61,098$559,872
67$699,594$108,381$8,106$554,693
68$714,181$56,920$0$548,053
69$728,467$1,148$0$544,986
70$742,366$0$0$541,437
71$755,779$0$0$550,734
72$768,598$0$0$559,848
73$780,700$0$0$568,409
74$791,948$0$0$576,315
75$802,190$0$0$583,449
76$811,254$0$0$589,685
77$818,950$0$0$594,878
78$825,068$0$0$598,870
79$829,371$0$0$601,483
80$831,598$0$0$602,521
81$831,457$0$0$601,765
82$828,625$0$0$598,972
83$822,744$0$0$593,873
84$813,415$0$0$586,169
85$800,197$0$0$575,528
86$782,602$0$0$561,583
87$760,086$0$0$543,927
88$732,050$0$0$522,110
89$697,829$0$0$495,633
90$656,687$0$0$463,943
91$607,811$0$0$426,431
92$550,300$0$0$382,419
93$483,158$0$0$331,163
94$405,285$0$0$271,834
95$315,463$0$0$203,522
96$212,348$0$0$125,216
97$94,454$0$0$35,802
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0