Can I retire at age 54 with 869,000?

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 $869,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$71,761$71,122$70,498$69,890$69,295$67,868
2 years$35,525$34,864$34,223$33,601$32,998$31,567
3 years$23,448$22,784$22,144$21,528$20,935$19,545
4 years$17,411$16,749$16,115$15,510$14,931$13,592
5 years$13,790$13,131$12,506$11,913$11,350$10,066
6 years$11,376$10,722$10,107$9,527$8,981$7,753
7 years$9,653$9,005$8,399$7,833$7,304$6,133
8 years$8,361$7,719$7,123$6,571$6,059$4,944
9 years$7,357$6,721$6,135$5,597$5,103$4,043
10 years$6,554$5,924$5,349$4,824$4,348$3,343
11 years$5,897$5,274$4,709$4,199$3,739$2,787
12 years$5,350$4,733$4,179$3,683$3,240$2,340
13 years$4,888$4,278$3,734$3,251$2,826$1,976
14 years$4,492$3,888$3,355$2,886$2,477$1,676
15 years$4,150$3,552$3,029$2,574$2,181$1,426
16 years$3,850$3,259$2,746$2,305$1,928$1,218
17 years$3,586$3,001$2,499$2,071$1,709$1,043
18 years$3,351$2,773$2,281$1,866$1,520$895
19 years$3,142$2,570$2,088$1,686$1,355$769
20 years$2,953$2,388$1,916$1,527$1,210$662
21 years$2,783$2,225$1,763$1,386$1,083$571
22 years$2,629$2,077$1,625$1,260$970$493
23 years$2,488$1,942$1,500$1,148$871$426
24 years$2,359$1,820$1,387$1,047$783$369
25 years$2,240$1,708$1,285$956$705$319
26 years$2,131$1,605$1,192$874$635$276
27 years$2,030$1,511$1,107$800$572$239
28 years$1,937$1,423$1,029$733$516$207
29 years$1,850$1,343$957$672$466$180
30 years$1,769$1,268$892$617$421$156
31 years$1,693$1,199$831$567$381$135
32 years$1,623$1,134$776$521$345$118
33 years$1,556$1,074$724$479$312$102
34 years$1,494$1,018$677$441$282$89
35 years$1,435$966$633$406$256$77
36 years$1,380$917$592$374$232$67
37 years$1,328$871$554$344$210$58
38 years$1,279$827$519$317$190$51
39 years$1,232$787$486$292$173$44
40 years$1,188$748$456$270$157$38
41 years$1,146$712$427$249$142$33
42 years$1,106$679$401$230$129$29
43 years$1,069$646$376$212$117$25
44 years$1,032$616$353$196$106$22
45 years$998$588$331$181$96$19
46 years$965$561$311$167$88$16
47 years$934$535$292$154$79$14
48 years$904$511$275$143$72$12
49 years$876$488$258$132$66$11
50 years$848$466$243$122$60$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $869,000, adding $6,238 every year, while hoping to spend $45,936 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: 69/18/13 Blend
53$869,000$869,000$869,000$869,000
54$964,072$918,015$904,546$1,027,394
55$1,013,532$914,123$885,973$1,066,393
56$1,066,498$908,500$865,238$1,102,948
57$1,123,277$901,013$842,220$1,141,748
58$1,184,210$891,521$816,793$1,183,009
59$1,249,668$879,875$788,825$1,226,967
60$1,320,061$865,915$758,176$1,273,883
61$1,395,835$849,473$724,703$1,324,049
62$1,477,484$830,371$688,255$1,377,784
63$1,565,548$808,420$648,672$1,435,444
64$1,660,622$783,420$605,790$1,497,419
65$1,763,358$755,160$559,437$1,564,143
66$1,874,474$723,416$509,431$1,636,096
67$1,994,757$687,951$455,585$1,713,808
68$2,125,077$648,514$397,701$1,797,863
69$2,266,384$604,841$335,573$1,888,909
70$2,419,728$556,652$268,988$1,987,663
71$2,586,262$503,649$197,721$2,094,913
72$2,767,253$445,521$121,537$2,211,535
73$2,964,098$381,935$40,193$2,338,495
74$3,178,329$312,544$0$2,476,858
75$3,411,637$236,977$0$2,634,270
76$3,665,880$154,844$0$2,811,937
77$3,943,102$65,734$0$3,005,756
78$4,245,555$0$0$3,217,355
79$4,575,716$0$0$3,454,630
80$4,936,313$0$0$3,728,044
81$5,330,348$0$0$4,026,859
82$5,761,126$0$0$4,353,588
83$6,232,287$0$0$4,710,997
84$6,747,837$0$0$5,102,131
85$7,312,188$0$0$5,530,346
86$7,930,200$0$0$5,999,334
87$8,607,222$0$0$6,513,164
88$9,349,147$0$0$7,076,313
89$10,162,464$0$0$7,693,717
90$11,054,320$0$0$8,370,807
91$12,032,587$0$0$9,113,569
92$13,105,934$0$0$9,928,595
93$14,283,913$0$0$10,823,144
94$15,577,043$0$0$11,805,215
95$16,996,912$0$0$12,883,618
96$18,556,284$0$0$14,068,058
97$20,269,221$0$0$15,369,225
98$22,151,213$0$0$16,798,898
99$24,219,327$0$0$18,370,050
100$26,492,362$0$0$20,096,976