Can I retire at age 57 with 1,730,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$142,862$141,589$140,348$139,136$137,953$135,611
2 years$70,724$69,406$68,130$66,892$65,692$63,340
3 years$46,681$45,358$44,085$42,859$41,678$39,389
4 years$34,662$33,343$32,082$30,877$29,725$27,517
5 years$27,452$26,141$24,897$23,717$22,596$20,475
6 years$22,647$21,346$20,121$18,966$17,880$15,848
7 years$19,217$17,927$16,720$15,593$14,541$12,599
8 years$16,645$15,366$14,180$13,081$12,063$10,211
9 years$14,646$13,379$12,213$11,142$10,159$8,395
10 years$13,047$11,793$10,648$9,604$8,656$6,979
11 years$11,740$10,499$9,374$8,359$7,444$5,852
12 years$10,652$9,423$8,319$7,332$6,451$4,942
13 years$9,732$8,516$7,433$6,473$5,626$4,198
14 years$8,943$7,741$6,678$5,746$4,931$3,582
15 years$8,261$7,071$6,030$5,124$4,342$3,068
16 years$7,665$6,488$5,467$4,588$3,837$2,637
17 years$7,139$5,975$4,975$4,123$3,402$2,272
18 years$6,672$5,521$4,541$3,715$3,025$1,962
19 years$6,255$5,117$4,157$3,357$2,697$1,698
20 years$5,880$4,755$3,815$3,040$2,409$1,472
21 years$5,541$4,429$3,509$2,759$2,155$1,278
22 years$5,233$4,134$3,234$2,509$1,932$1,111
23 years$4,953$3,867$2,986$2,285$1,734$967
24 years$4,696$3,623$2,762$2,084$1,559$842
25 years$4,460$3,400$2,558$1,903$1,403$734
26 years$4,243$3,195$2,372$1,740$1,264$640
27 years$4,042$3,007$2,203$1,593$1,139$559
28 years$3,856$2,834$2,048$1,459$1,028$488
29 years$3,683$2,673$1,906$1,338$928$426
30 years$3,522$2,525$1,775$1,228$839$373
31 years$3,371$2,387$1,655$1,128$758$326
32 years$3,230$2,258$1,544$1,037$686$285
33 years$3,098$2,139$1,442$953$621$249
34 years$2,974$2,027$1,347$877$562$218
35 years$2,858$1,922$1,259$807$509$191
36 years$2,748$1,825$1,178$744$461$167
37 years$2,644$1,733$1,103$685$418$146
38 years$2,546$1,647$1,033$632$379$128
39 years$2,453$1,566$968$582$344$112
40 years$2,365$1,490$907$537$312$98
41 years$2,282$1,418$850$496$283$86
42 years$2,203$1,351$798$457$257$75
43 years$2,127$1,287$748$422$233$66
44 years$2,055$1,227$703$390$211$58
45 years$1,987$1,170$660$360$192$51
46 years$1,922$1,116$620$333$174$44
47 years$1,860$1,065$582$307$158$39
48 years$1,800$1,017$547$284$144$34
49 years$1,743$971$514$262$130$30
50 years$1,689$927$483$242$119$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $1,730,000, adding $5,293 every year, while hoping to spend $55,445 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: 62/14/24 Blend
56$1,730,000$1,730,000$1,730,000$1,730,000
57$1,911,920$1,820,230$1,793,415$2,018,031
58$2,047,942$1,850,428$1,794,501$2,120,708
59$2,195,981$1,880,248$1,793,766$2,226,196
60$2,357,203$1,909,612$1,791,089$2,340,147
61$2,532,893$1,938,437$1,786,345$2,463,397
62$2,724,463$1,966,636$1,779,402$2,596,864
63$2,933,470$1,994,112$1,770,124$2,741,564
64$3,161,625$2,020,765$1,758,364$2,898,615
65$3,410,814$2,046,486$1,743,973$3,069,254
66$3,683,111$2,071,158$1,726,790$3,254,840
67$3,980,801$2,094,657$1,706,650$3,456,875
68$4,306,399$2,116,852$1,683,379$3,677,016
69$4,662,674$2,137,600$1,656,794$3,917,088
70$5,052,675$2,156,750$1,626,705$4,179,106
71$5,479,760$2,174,143$1,592,912$4,465,290
72$5,947,626$2,189,607$1,555,206$4,778,091
73$6,460,346$2,202,961$1,513,368$5,120,210
74$7,022,405$2,214,009$1,467,169$5,494,626
75$7,638,742$2,222,547$1,416,370$5,904,623
76$8,314,796$2,228,354$1,360,721$6,353,827
77$9,056,560$2,231,199$1,299,961$6,846,230
78$9,870,635$2,230,833$1,233,815$7,386,240
79$10,764,290$2,226,994$1,161,997$7,978,713
80$11,745,533$2,219,402$1,084,210$8,629,007
81$12,823,187$2,207,762$1,000,140$9,343,028
82$14,006,968$2,191,759$909,462$10,127,289
83$15,307,584$2,171,060$811,834$10,988,973
84$16,736,828$2,145,313$706,901$11,935,995
85$18,307,693$2,114,141$594,290$12,977,088
86$20,034,492$2,077,149$473,614$14,121,877
87$21,932,997$2,033,916$344,466$15,380,974
88$24,020,581$1,983,996$206,424$16,766,081
89$26,316,387$1,926,918$59,046$18,290,098
90$28,841,505$1,862,184$0$19,967,246
91$31,619,172$1,789,264$0$21,838,362
92$34,674,989$1,707,600$0$23,913,347
93$38,037,166$1,616,600$0$26,196,250
94$41,736,782$1,515,639$0$28,708,214
95$45,808,084$1,404,055$0$31,472,539
96$50,288,804$1,281,150$0$34,514,902
97$55,220,519$1,146,183$0$37,863,600
98$60,649,041$998,374$0$41,549,817
99$66,624,846$836,898$0$45,607,920
100$73,203,556$660,881$0$50,075,782