Can I retire at age 57 with 1,800,000?

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 $1,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$148,642$147,318$146,027$144,766$143,535$139,163
2 years$73,585$72,215$70,887$69,599$68,350$63,983
3 years$48,570$47,193$45,868$44,593$43,364$39,139
4 years$36,064$34,692$33,380$32,127$30,928$26,877
5 years$28,563$27,199$25,905$24,676$23,511$19,645
6 years$23,564$22,210$20,935$19,734$18,603$14,926
7 years$19,994$18,652$17,397$16,224$15,129$11,640
8 years$17,318$15,988$14,754$13,610$12,551$9,248
9 years$15,238$13,921$12,708$11,593$10,570$7,450
10 years$13,575$12,270$11,079$9,993$9,006$6,064
11 years$12,215$10,924$9,754$8,697$7,746$4,976
12 years$11,083$9,804$8,656$7,628$6,712$4,110
13 years$10,125$8,860$7,734$6,735$5,853$3,412
14 years$9,305$8,054$6,949$5,978$5,131$2,845
15 years$8,595$7,357$6,274$5,332$4,518$2,379
16 years$7,975$6,750$5,688$4,774$3,993$1,996
17 years$7,428$6,217$5,176$4,289$3,540$1,678
18 years$6,942$5,744$4,725$3,866$3,148$1,414
19 years$6,508$5,324$4,325$3,493$2,806$1,193
20 years$6,118$4,947$3,970$3,163$2,506$1,008
21 years$5,765$4,608$3,651$2,871$2,243$853
22 years$5,445$4,302$3,365$2,610$2,010$722
23 years$5,153$4,023$3,107$2,377$1,804$612
24 years$4,886$3,769$2,874$2,168$1,622$519
25 years$4,641$3,537$2,662$1,980$1,459$440
26 years$4,415$3,325$2,468$1,811$1,315$373
27 years$4,206$3,129$2,292$1,657$1,185$317
28 years$4,012$2,948$2,131$1,518$1,069$269
29 years$3,832$2,781$1,983$1,392$966$229
30 years$3,664$2,627$1,847$1,278$873$194
31 years$3,507$2,483$1,722$1,174$789$165
32 years$3,361$2,350$1,607$1,079$714$141
33 years$3,224$2,225$1,500$992$646$120
34 years$3,095$2,109$1,402$913$585$102
35 years$2,973$2,000$1,310$840$530$86
36 years$2,859$1,898$1,226$774$480$74
37 years$2,751$1,803$1,147$713$435$63
38 years$2,649$1,714$1,074$657$394$53
39 years$2,552$1,629$1,007$606$358$45
40 years$2,461$1,550$944$559$324$39
41 years$2,374$1,476$885$516$294$33
42 years$2,292$1,405$830$476$267$28
43 years$2,213$1,339$779$439$242$24
44 years$2,139$1,276$731$406$220$20
45 years$2,068$1,217$686$375$200$17
46 years$2,000$1,161$645$346$181$15
47 years$1,935$1,108$606$320$165$12
48 years$1,873$1,058$569$295$149$11
49 years$1,814$1,010$535$273$136$9
50 years$1,757$965$503$252$123$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $1,800,000, adding $3,139 every year, while hoping to spend $47,056 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: 45/45/10 Blend
56$1,800,000$1,800,000$1,800,000$1,800,000
57$1,986,838$1,891,438$1,863,538$2,070,492
58$2,139,428$1,934,051$1,875,899$2,171,355
59$2,306,005$1,977,175$1,887,097$2,275,587
60$2,487,947$2,020,786$1,897,044$2,387,543
61$2,686,768$2,064,855$1,905,646$2,507,950
62$2,904,139$2,109,353$1,912,805$2,637,612
63$3,141,895$2,154,246$1,918,418$2,777,415
64$3,402,061$2,199,497$1,922,378$2,928,332
65$3,686,865$2,245,065$1,924,571$3,091,439
66$3,998,759$2,290,907$1,924,878$3,267,918
67$4,340,444$2,336,974$1,923,174$3,459,074
68$4,714,897$2,383,213$1,919,328$3,666,344
69$5,125,394$2,429,567$1,913,202$3,891,311
70$5,575,542$2,475,975$1,904,653$4,135,721
71$6,069,318$2,522,368$1,893,529$4,401,497
72$6,611,099$2,568,674$1,879,672$4,690,761
73$7,205,706$2,614,814$1,862,917$5,005,850
74$7,858,452$2,660,705$1,843,089$5,349,339
75$8,575,188$2,706,253$1,820,006$5,724,068
76$9,362,359$2,751,361$1,793,478$6,133,168
77$10,227,065$2,795,923$1,763,305$6,580,090
78$11,177,129$2,839,826$1,729,278$7,068,637
79$12,221,166$2,882,947$1,691,179$7,603,001
80$13,368,669$2,925,156$1,648,778$8,187,807
81$14,630,098$2,966,314$1,601,837$8,828,149
82$16,016,975$3,006,269$1,550,105$9,529,645
83$17,541,992$3,044,863$1,493,320$10,298,487
84$19,219,137$3,081,923$1,431,208$11,141,503
85$21,063,819$3,117,267$1,363,482$12,066,217
86$23,093,014$3,150,699$1,289,845$13,080,926
87$25,325,429$3,182,010$1,209,982$14,194,775
88$27,781,674$3,210,980$1,123,567$15,417,847
89$30,484,456$3,237,369$1,030,259$16,761,256
90$33,458,798$3,260,927$929,699$18,237,254
91$36,732,267$3,281,385$821,516$19,859,347
92$40,335,241$3,298,456$705,320$21,642,424
93$44,301,192$3,311,836$580,705$23,602,899
94$48,667,000$3,321,203$447,245$25,758,865
95$53,473,304$3,326,212$304,497$28,130,266
96$58,764,882$3,326,497$151,999$30,739,088
97$64,591,077$3,321,672$0$33,609,567
98$71,006,256$3,311,323$0$36,769,564
99$78,070,331$3,295,015$0$40,264,766
100$85,849,317$3,272,283$0$44,111,454