Can I retire at age 54 with 525,000?

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 $525,000?

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$43,354$42,968$42,591$42,223$41,864$41,600
2 years$21,462$21,063$20,675$20,300$19,935$19,669
3 years$14,166$13,765$13,378$13,006$12,648$12,388
4 years$10,519$10,118$9,736$9,370$9,021$8,768
5 years$8,331$7,933$7,556$7,197$6,857$6,614
6 years$6,873$6,478$6,106$5,756$5,426$5,191
7 years$5,832$5,440$5,074$4,732$4,413$4,187
8 years$5,051$4,663$4,303$3,970$3,661$3,444
9 years$4,444$4,060$3,706$3,381$3,083$2,876
10 years$3,959$3,579$3,231$2,915$2,627$2,429
11 years$3,563$3,186$2,845$2,537$2,259$2,070
12 years$3,232$2,860$2,525$2,225$1,958$1,777
13 years$2,953$2,584$2,256$1,964$1,707$1,535
14 years$2,714$2,349$2,027$1,744$1,496$1,332
15 years$2,507$2,146$1,830$1,555$1,318$1,162
16 years$2,326$1,969$1,659$1,392$1,165$1,016
17 years$2,166$1,813$1,510$1,251$1,033$892
18 years$2,025$1,675$1,378$1,127$918$785
19 years$1,898$1,553$1,262$1,019$818$692
20 years$1,784$1,443$1,158$923$731$612
21 years$1,681$1,344$1,065$837$654$541
22 years$1,588$1,255$982$761$586$480
23 years$1,503$1,173$906$693$526$426
24 years$1,425$1,099$838$632$473$379
25 years$1,354$1,032$776$578$426$337
26 years$1,288$970$720$528$383$300
27 years$1,227$913$669$483$346$267
28 years$1,170$860$622$443$312$238
29 years$1,118$811$578$406$282$213
30 years$1,069$766$539$373$255$190
31 years$1,023$724$502$342$230$170
32 years$980$685$469$315$208$152
33 years$940$649$438$289$188$135
34 years$903$615$409$266$171$121
35 years$867$583$382$245$154$108
36 years$834$554$358$226$140$97
37 years$802$526$335$208$127$87
38 years$773$500$313$192$115$78
39 years$744$475$294$177$104$70
40 years$718$452$275$163$95$62
41 years$692$430$258$150$86$56
42 years$668$410$242$139$78$50
43 years$646$391$227$128$71$45
44 years$624$372$213$118$64$40
45 years$603$355$200$109$58$36
46 years$583$339$188$101$53$32
47 years$564$323$177$93$48$29
48 years$546$309$166$86$44$26
49 years$529$295$156$80$40$23
50 years$513$281$147$74$36$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $525,000, adding $3,019 every year, while hoping to spend $33,319 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: 75/12/13 Blend
53$525,000$525,000$525,000$525,000
54$581,664$553,839$545,702$623,510
55$605,543$545,526$528,531$643,238
56$630,740$535,689$509,669$660,388
57$657,356$524,218$489,024$678,268
58$685,498$510,997$466,498$696,940
59$715,286$495,902$441,992$716,472
60$746,847$478,803$415,401$736,943
61$780,324$459,563$386,615$758,435
62$815,870$438,035$355,520$781,042
63$853,654$414,064$321,996$804,870
64$893,861$387,488$285,917$830,033
65$936,693$358,133$247,153$856,658
66$982,372$325,817$205,568$884,888
67$1,031,138$290,347$161,020$914,879
68$1,083,259$251,518$113,358$946,806
69$1,139,024$209,116$62,429$980,861
70$1,198,754$162,912$8,070$1,017,258
71$1,262,798$112,666$0$1,056,233
72$1,331,541$58,123$0$1,104,975
73$1,405,403$0$0$1,158,491
74$1,484,847$0$0$1,216,138
75$1,570,382$0$0$1,286,484
76$1,662,565$0$0$1,362,312
77$1,762,008$0$0$1,444,131
78$1,869,386$0$0$1,532,495
79$1,985,437$0$0$1,628,016
80$2,110,974$0$0$1,731,365
81$2,246,892$0$0$1,843,280
82$2,394,172$0$0$1,964,573
83$2,553,894$0$0$2,096,136
84$2,727,248$0$0$2,238,951
85$2,915,538$0$0$2,394,096
86$3,120,202$0$0$2,562,760
87$3,342,821$0$0$2,746,248
88$3,585,135$0$0$2,945,997
89$3,849,057$0$0$3,163,590
90$4,136,693$0$0$3,400,765
91$4,450,362$0$0$3,659,439
92$4,792,615$0$0$3,941,719
93$5,166,259$0$0$4,249,926
94$5,574,387$0$0$4,586,613
95$6,020,400$0$0$4,954,594
96$6,508,045$0$0$5,356,963
97$7,041,447$0$0$5,797,129
98$7,625,149$0$0$6,278,845
99$8,264,150$0$0$6,806,244
100$8,963,958$0$0$7,383,878