Can I retire at age 57 with 1,770,000?

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 $1,770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$146,165$144,863$143,593$142,353$141,142$140,370
2 years$72,359$71,011$69,705$68,439$67,211$66,432
3 years$47,760$46,407$45,104$43,849$42,641$41,880
4 years$35,463$34,114$32,824$31,591$30,412$29,673
5 years$28,087$26,746$25,473$24,265$23,119$22,405
6 years$23,171$21,840$20,586$19,405$18,293$17,606
7 years$19,661$18,341$17,107$15,954$14,877$14,216
8 years$17,030$15,722$14,508$13,383$12,342$11,708
9 years$14,984$13,689$12,496$11,400$10,394$9,786
10 years$13,349$12,066$10,894$9,827$8,856$8,274
11 years$12,012$10,741$9,591$8,552$7,616$7,060
12 years$10,898$9,641$8,512$7,501$6,600$6,069
13 years$9,957$8,713$7,605$6,623$5,756$5,249
14 years$9,150$7,920$6,833$5,879$5,045$4,563
15 years$8,452$7,235$6,169$5,243$4,442$3,983
16 years$7,842$6,638$5,593$4,694$3,926$3,490
17 years$7,304$6,113$5,090$4,218$3,481$3,067
18 years$6,826$5,649$4,646$3,801$3,095$2,703
19 years$6,399$5,235$4,253$3,435$2,759$2,387
20 years$6,016$4,865$3,904$3,111$2,464$2,112
21 years$5,669$4,531$3,590$2,823$2,205$1,872
22 years$5,354$4,230$3,309$2,567$1,977$1,662
23 years$5,067$3,956$3,055$2,338$1,774$1,478
24 years$4,805$3,707$2,826$2,132$1,595$1,315
25 years$4,563$3,478$2,617$1,947$1,435$1,172
26 years$4,341$3,269$2,427$1,780$1,293$1,045
27 years$4,135$3,077$2,254$1,630$1,166$933
28 years$3,945$2,899$2,095$1,493$1,052$833
29 years$3,768$2,735$1,950$1,369$950$745
30 years$3,603$2,583$1,816$1,257$858$666
31 years$3,449$2,442$1,693$1,154$776$596
32 years$3,305$2,310$1,580$1,061$702$533
33 years$3,170$2,188$1,475$975$635$477
34 years$3,043$2,074$1,378$897$575$428
35 years$2,924$1,967$1,289$826$521$383
36 years$2,811$1,867$1,205$761$472$343
37 years$2,705$1,773$1,128$701$428$308
38 years$2,605$1,685$1,057$646$388$276
39 years$2,510$1,602$990$596$352$248
40 years$2,420$1,524$928$550$319$222
41 years$2,335$1,451$870$507$289$199
42 years$2,253$1,382$816$468$263$179
43 years$2,176$1,317$766$432$238$160
44 years$2,103$1,255$719$399$216$144
45 years$2,033$1,197$675$368$196$129
46 years$1,966$1,142$634$340$178$116
47 years$1,903$1,090$596$314$162$104
48 years$1,842$1,040$560$290$147$94
49 years$1,784$993$526$268$134$84
50 years$1,728$949$495$248$121$75

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $1,770,000, adding $6,885 every year, while hoping to spend $43,851 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: 39/43/18 Blend
56$1,770,000$1,770,000$1,770,000$1,770,000
57$1,957,642$1,863,832$1,836,397$2,023,224
58$2,110,664$1,908,503$1,851,259$2,115,500
59$2,277,825$1,953,892$1,865,149$2,210,498
60$2,460,520$1,999,990$1,877,989$2,312,301
61$2,660,287$2,046,783$1,889,695$2,421,545
62$2,878,817$2,094,256$1,900,180$2,538,937
63$3,117,973$2,142,391$1,909,353$2,665,251
64$3,379,806$2,191,169$1,917,117$2,801,343
65$3,666,577$2,240,566$1,923,370$2,948,155
66$3,980,771$2,290,558$1,928,007$3,106,724
67$4,325,131$2,341,116$1,930,916$3,278,195
68$4,702,671$2,392,208$1,931,979$3,463,828
69$5,116,717$2,443,799$1,931,074$3,665,014
70$5,570,929$2,495,852$1,928,071$3,883,284
71$6,069,337$2,548,322$1,922,835$4,120,327
72$6,616,384$2,601,165$1,915,225$4,378,003
73$7,216,961$2,654,327$1,905,090$4,658,366
74$7,876,456$2,707,755$1,892,276$4,963,676
75$8,600,806$2,761,386$1,876,619$5,296,427
76$9,396,549$2,815,155$1,857,946$5,659,368
77$10,270,890$2,868,990$1,836,080$6,055,530
78$11,231,764$2,922,814$1,810,833$6,488,253
79$12,287,915$2,976,543$1,782,006$6,961,221
80$13,448,974$3,030,085$1,749,395$7,478,494
81$14,725,553$3,083,343$1,712,783$8,044,549
82$16,129,344$3,136,211$1,671,946$8,664,321
83$17,673,228$3,188,577$1,626,647$9,343,252
84$19,371,397$3,240,316$1,576,640$10,087,340
85$21,239,487$3,291,300$1,521,665$10,903,198
86$23,294,727$3,341,386$1,461,453$11,798,117
87$25,556,099$3,390,424$1,395,722$12,780,135
88$28,044,519$3,438,252$1,324,176$13,858,114
89$30,783,030$3,484,697$1,246,506$15,041,822
90$33,797,026$3,529,573$1,162,391$16,342,029
91$37,114,485$3,572,684$1,071,493$17,770,607
92$40,766,234$3,613,818$973,460$19,340,647
93$44,786,243$3,652,748$867,924$21,066,576
94$49,211,941$3,689,234$754,500$22,964,301
95$54,084,572$3,723,019$632,789$25,051,358
96$59,449,581$3,753,830$502,370$27,347,077
97$65,357,045$3,781,374$362,806$29,872,768
98$71,862,144$3,805,342$213,641$32,651,920
99$79,025,681$3,825,403$54,396$35,710,430
100$86,914,658$3,841,204$0$39,076,841