Can I retire at age 57 with 1,850,000?

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 $1,850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$152,771$151,410$150,083$148,787$147,522$146,164
2 years$75,629$74,221$72,856$71,532$70,248$68,880
3 years$49,919$48,504$47,142$45,831$44,568$43,232
4 years$37,066$35,656$34,308$33,019$31,787$30,493
5 years$29,356$27,954$26,624$25,362$24,164$22,916
6 years$24,218$22,827$21,516$20,282$19,120$17,920
7 years$20,550$19,170$17,880$16,675$15,550$14,398
8 years$17,799$16,432$15,164$13,988$12,900$11,797
9 years$15,661$14,307$13,061$11,915$10,864$9,809
10 years$13,952$12,611$11,386$10,271$9,256$8,249
11 years$12,554$11,227$10,024$8,939$7,961$7,000
12 years$11,391$10,077$8,896$7,840$6,899$5,983
13 years$10,407$9,106$7,948$6,922$6,016$5,145
14 years$9,564$8,277$7,142$6,144$5,273$4,446
15 years$8,834$7,562$6,448$5,480$4,643$3,858
16 years$8,196$6,938$5,846$4,907$4,104$3,360
17 years$7,634$6,389$5,320$4,408$3,638$2,934
18 years$7,135$5,904$4,856$3,973$3,235$2,569
19 years$6,689$5,472$4,446$3,590$2,884$2,254
20 years$6,288$5,085$4,080$3,251$2,576$1,982
21 years$5,925$4,736$3,753$2,951$2,305$1,745
22 years$5,596$4,421$3,459$2,683$2,066$1,539
23 years$5,296$4,135$3,194$2,443$1,855$1,359
24 years$5,022$3,874$2,953$2,229$1,667$1,201
25 years$4,770$3,636$2,736$2,035$1,500$1,063
26 years$4,537$3,417$2,537$1,861$1,351$941
27 years$4,322$3,216$2,356$1,703$1,218$834
28 years$4,123$3,030$2,190$1,561$1,099$740
29 years$3,938$2,859$2,038$1,431$993$656
30 years$3,766$2,700$1,898$1,313$897$583
31 years$3,605$2,552$1,770$1,206$811$517
32 years$3,454$2,415$1,651$1,109$733$460
33 years$3,313$2,287$1,542$1,019$664$409
34 years$3,180$2,167$1,441$938$601$363
35 years$3,056$2,056$1,347$863$544$323
36 years$2,938$1,951$1,260$795$493$287
37 years$2,827$1,853$1,179$733$447$256
38 years$2,722$1,761$1,104$675$405$227
39 years$2,623$1,675$1,035$623$367$202
40 years$2,529$1,593$970$574$333$180
41 years$2,440$1,517$909$530$302$160
42 years$2,355$1,444$853$489$274$143
43 years$2,275$1,376$800$451$249$127
44 years$2,198$1,312$751$417$226$113
45 years$2,125$1,251$705$385$205$101
46 years$2,055$1,193$663$356$186$90
47 years$1,989$1,139$622$329$169$80
48 years$1,925$1,087$585$304$154$71
49 years$1,864$1,038$550$281$140$64
50 years$1,806$992$517$259$127$57

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $1,850,000, adding $5,211 every year, while hoping to spend $52,889 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: 59/13/28 Blend
56$1,850,000$1,850,000$1,850,000$1,850,000
57$2,044,075$1,946,025$1,917,350$2,148,831
58$2,196,297$1,985,107$1,925,308$2,260,116
59$2,362,274$2,024,331$1,931,760$2,375,381
60$2,543,351$2,063,649$1,936,599$2,500,015
61$2,741,012$2,103,007$1,939,714$2,634,942
62$2,956,889$2,142,348$1,940,989$2,781,183
63$3,192,779$2,181,610$1,940,299$2,939,861
64$3,450,660$2,220,727$1,937,516$3,112,216
65$3,732,709$2,259,624$1,932,505$3,299,615
66$4,041,325$2,298,226$1,925,124$3,503,566
67$4,379,148$2,336,446$1,915,223$3,725,732
68$4,749,086$2,374,197$1,902,648$3,967,945
69$5,154,340$2,411,380$1,887,234$4,232,227
70$5,598,437$2,447,892$1,868,810$4,520,806
71$6,085,260$2,483,620$1,847,198$4,836,142
72$6,619,086$2,518,447$1,822,208$5,180,944
73$7,204,625$2,552,244$1,793,645$5,558,202
74$7,847,067$2,584,874$1,761,303$5,971,209
75$8,552,127$2,616,192$1,724,965$6,423,602
76$9,326,099$2,646,041$1,684,407$6,919,385
77$10,175,919$2,674,254$1,639,392$7,462,977
78$11,109,225$2,700,655$1,589,674$8,059,249
79$12,134,432$2,725,053$1,534,994$8,713,573
80$13,260,811$2,747,247$1,475,083$9,431,869
81$14,498,572$2,767,022$1,409,657$10,220,667
82$15,858,969$2,784,147$1,338,422$11,087,166
83$17,354,394$2,798,381$1,261,070$12,039,301
84$18,998,503$2,809,463$1,177,277$13,085,824
85$20,806,342$2,817,118$1,086,707$14,236,380
86$22,794,484$2,821,052$989,007$15,501,606
87$24,981,193$2,820,955$883,811$16,893,226
88$27,386,589$2,816,496$770,733$18,424,167
89$30,032,841$2,807,324$649,372$20,108,678
90$32,944,374$2,793,067$519,309$21,962,469
91$36,148,101$2,773,328$380,107$24,002,857
92$39,673,676$2,747,689$231,309$26,248,934
93$43,553,771$2,715,706$72,438$28,721,745
94$47,824,387$2,676,907$0$31,444,489
95$52,525,192$2,630,794$0$34,471,750
96$57,699,895$2,576,836$0$37,827,688
97$63,396,657$2,514,474$0$41,521,875
98$69,668,548$2,443,114$0$45,588,733
99$76,574,042$2,362,129$0$50,066,195
100$84,177,574$2,270,854$0$54,996,063