Can I retire at age 54 with 526,000?

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 $526,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$43,437$43,050$42,672$42,304$41,944$41,645
2 years$21,503$21,103$20,715$20,338$19,973$19,672
3 years$14,193$13,791$13,404$13,031$12,672$12,377
4 years$10,539$10,138$9,755$9,388$9,038$8,752
5 years$8,347$7,948$7,570$7,211$6,870$6,594
6 years$6,886$6,490$6,118$5,767$5,436$5,171
7 years$5,843$5,451$5,084$4,741$4,421$4,166
8 years$5,061$4,672$4,311$3,977$3,668$3,423
9 years$4,453$4,068$3,713$3,388$3,089$2,854
10 years$3,967$3,586$3,237$2,920$2,632$2,408
11 years$3,570$3,192$2,850$2,541$2,263$2,049
12 years$3,239$2,865$2,529$2,229$1,961$1,757
13 years$2,959$2,589$2,260$1,968$1,710$1,516
14 years$2,719$2,353$2,031$1,747$1,499$1,314
15 years$2,512$2,150$1,833$1,558$1,320$1,144
16 years$2,330$1,973$1,662$1,395$1,167$1,000
17 years$2,171$1,817$1,513$1,253$1,035$876
18 years$2,029$1,679$1,381$1,130$920$770
19 years$1,902$1,556$1,264$1,021$820$678
20 years$1,788$1,446$1,160$924$732$598
21 years$1,685$1,347$1,067$839$655$529
22 years$1,591$1,257$983$763$587$468
23 years$1,506$1,176$908$695$527$415
24 years$1,428$1,102$840$634$474$368
25 years$1,356$1,034$778$579$426$327
26 years$1,290$972$721$529$384$291
27 years$1,229$914$670$484$346$259
28 years$1,172$862$623$444$313$230
29 years$1,120$813$579$407$282$205
30 years$1,071$768$540$373$255$183
31 years$1,025$726$503$343$231$163
32 years$982$687$469$315$209$145
33 years$942$650$438$290$189$130
34 years$904$616$410$267$171$116
35 years$869$584$383$245$155$104
36 years$835$555$358$226$140$92
37 years$804$527$335$208$127$83
38 years$774$501$314$192$115$74
39 years$746$476$294$177$104$66
40 years$719$453$276$163$95$59
41 years$694$431$259$151$86$53
42 years$670$411$243$139$78$47
43 years$647$391$228$128$71$42
44 years$625$373$214$119$64$38
45 years$604$356$201$109$58$34
46 years$584$339$188$101$53$30
47 years$565$324$177$93$48$27
48 years$547$309$166$86$44$24
49 years$530$295$156$80$40$22
50 years$514$282$147$74$36$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $526,000, adding $2,392 every year, while hoping to spend $27,743 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: 61/14/25 Blend
53$526,000$526,000$526,000$526,000
54$582,119$554,241$546,088$613,613
55$611,977$551,881$534,864$632,914
56$643,951$548,475$522,334$650,742
57$678,226$543,943$508,425$669,598
58$715,009$538,199$493,060$689,587
59$754,523$531,154$476,161$710,827
60$797,014$522,711$457,642$733,447
61$842,754$512,768$437,418$757,593
62$892,040$501,218$415,396$783,424
63$945,197$487,947$391,481$811,119
64$1,002,584$472,834$365,573$840,875
65$1,064,596$455,751$337,568$872,911
66$1,131,665$436,563$307,357$907,471
67$1,204,268$415,128$274,826$944,824
68$1,282,927$391,292$239,856$985,268
69$1,368,217$364,897$202,323$1,029,136
70$1,460,772$335,774$162,097$1,076,794
71$1,561,286$303,743$119,043$1,128,649
72$1,670,526$268,615$73,020$1,185,150
73$1,789,333$230,190$23,879$1,246,796
74$1,918,633$188,258$0$1,314,140
75$2,059,446$142,594$0$1,395,412
76$2,212,892$92,965$0$1,490,960
77$2,380,207$39,120$0$1,595,202
78$2,562,748$0$0$1,709,012
79$2,762,011$0$0$1,836,312
80$2,979,641$0$0$1,981,966
81$3,217,451$0$0$2,141,164
82$3,477,435$0$0$2,315,248
83$3,761,789$0$0$2,505,692
84$4,072,931$0$0$2,714,122
85$4,413,523$0$0$2,942,326
86$4,786,499$0$0$3,192,275
87$5,195,086$0$0$3,466,138
88$5,642,841$0$0$3,766,305
89$6,133,679$0$0$4,095,409
90$6,671,914$0$0$4,456,346
91$7,262,295$0$0$4,852,309
92$7,910,056$0$0$5,286,816
93$8,620,958$0$0$5,763,739
94$9,401,352$0$0$6,287,344
95$10,258,228$0$0$6,862,332
96$11,199,291$0$0$7,493,880
97$12,233,026$0$0$8,187,691
98$13,368,782$0$0$8,950,047
99$14,616,856$0$0$9,787,871
100$15,988,594$0$0$10,708,788