Can I retire at age 54 with 825,000?

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 $825,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$68,128$67,521$66,929$66,351$65,787$64,804
2 years$33,727$33,098$32,490$31,899$31,327$30,339
3 years$22,261$21,630$21,023$20,438$19,875$18,912
4 years$16,529$15,900$15,299$14,725$14,175$13,245
5 years$13,091$12,466$11,873$11,310$10,776$9,882
6 years$10,800$10,180$9,595$9,045$8,526$7,669
7 years$9,164$8,549$7,974$7,436$6,934$6,114
8 years$7,938$7,328$6,762$6,238$5,753$4,969
9 years$6,984$6,380$5,824$5,313$4,845$4,098
10 years$6,222$5,624$5,078$4,580$4,128$3,417
11 years$5,599$5,007$4,470$3,986$3,550$2,875
12 years$5,080$4,494$3,967$3,496$3,076$2,435
13 years$4,641$4,061$3,545$3,087$2,683$2,075
14 years$4,265$3,691$3,185$2,740$2,352$1,777
15 years$3,940$3,372$2,875$2,444$2,071$1,527
16 years$3,655$3,094$2,607$2,188$1,830$1,317
17 years$3,404$2,849$2,372$1,966$1,623$1,139
18 years$3,182$2,633$2,166$1,772$1,443$987
19 years$2,983$2,440$1,982$1,601$1,286$858
20 years$2,804$2,267$1,819$1,450$1,149$746
21 years$2,642$2,112$1,674$1,316$1,028$650
22 years$2,496$1,972$1,542$1,196$921$567
23 years$2,362$1,844$1,424$1,090$827$496
24 years$2,239$1,728$1,317$994$743$433
25 years$2,127$1,621$1,220$908$669$379
26 years$2,023$1,524$1,131$830$603$332
27 years$1,928$1,434$1,051$760$543$291
28 years$1,839$1,351$977$696$490$255
29 years$1,756$1,275$909$638$443$224
30 years$1,679$1,204$847$586$400$197
31 years$1,608$1,138$789$538$362$173
32 years$1,540$1,077$736$494$327$152
33 years$1,477$1,020$688$455$296$133
34 years$1,418$967$642$418$268$117
35 years$1,363$917$601$385$243$103
36 years$1,310$870$562$355$220$90
37 years$1,261$826$526$327$199$79
38 years$1,214$785$492$301$181$70
39 years$1,170$747$461$278$164$61
40 years$1,128$711$432$256$149$54
41 years$1,088$676$406$236$135$48
42 years$1,050$644$380$218$122$42
43 years$1,014$614$357$201$111$37
44 years$980$585$335$186$101$32
45 years$948$558$315$172$92$28
46 years$917$532$295$159$83$25
47 years$887$508$278$147$75$22
48 years$859$485$261$135$69$19
49 years$831$463$245$125$62$17
50 years$805$442$231$116$57$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $825,000, adding $3,305 every year, while hoping to spend $34,673 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: 27/46/27 Blend
53$825,000$825,000$825,000$825,000
54$912,559$868,834$856,047$929,444
55$968,748$874,515$847,832$948,995
56$1,029,507$879,313$838,181$966,763
57$1,095,264$883,146$827,007$985,131
58$1,166,492$885,931$814,223$1,004,174
59$1,243,709$887,578$799,735$1,023,976
60$1,327,488$887,989$783,446$1,044,635
61$1,418,454$887,063$765,255$1,066,258
62$1,517,300$884,692$745,054$1,088,971
63$1,624,784$880,762$722,732$1,112,911
64$1,741,742$875,149$698,174$1,138,238
65$1,869,093$867,725$671,256$1,165,127
66$2,007,850$858,353$641,853$1,193,779
67$2,159,125$846,886$609,829$1,224,417
68$2,324,144$833,172$575,047$1,257,293
69$2,504,256$817,047$537,360$1,292,689
70$2,700,946$798,338$496,617$1,330,921
71$2,915,847$776,861$452,659$1,372,343
72$3,150,760$752,423$405,319$1,417,349
73$3,407,664$724,819$354,424$1,466,383
74$3,688,742$693,832$299,794$1,519,938
75$3,996,396$659,231$241,239$1,578,565
76$4,333,269$620,774$178,561$1,642,879
77$4,702,274$578,204$111,554$1,713,565
78$5,106,618$531,249$40,004$1,791,386
79$5,549,835$479,621$0$1,877,192
80$6,035,812$423,017$0$1,982,402
81$6,568,837$361,116$0$2,110,573
82$7,153,627$293,580$0$2,251,410
83$7,795,381$220,049$0$2,406,286
84$8,499,824$140,146$0$2,576,720
85$9,273,264$53,471$0$2,764,397
86$10,122,648$0$0$2,971,180
87$11,055,631$0$0$3,219,578
88$12,080,642$0$0$3,522,357
89$13,206,970$0$0$3,855,213
90$14,444,848$0$0$4,221,188
91$15,805,549$0$0$4,623,634
92$17,301,492$0$0$5,066,244
93$18,946,361$0$0$5,553,087
94$20,755,229$0$0$6,088,645
95$22,744,707$0$0$6,677,858
96$24,933,094$0$0$7,326,168
97$27,340,551$0$0$8,039,571
98$29,989,294$0$0$8,824,675
99$32,903,799$0$0$9,688,759
100$36,111,035$0$0$10,639,845