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%11.6%
1 years$152,771$151,410$150,083$148,787$147,522$146,530
2 years$75,629$74,221$72,856$71,532$70,248$69,249
3 years$49,919$48,504$47,142$45,831$44,568$43,591
4 years$37,066$35,656$34,308$33,019$31,787$30,840
5 years$29,356$27,954$26,624$25,362$24,164$23,249
6 years$24,218$22,827$21,516$20,282$19,120$18,240
7 years$20,550$19,170$17,880$16,675$15,550$14,704
8 years$17,799$16,432$15,164$13,988$12,900$12,088
9 years$15,661$14,307$13,061$11,915$10,864$10,086
10 years$13,952$12,611$11,386$10,271$9,256$8,513
11 years$12,554$11,227$10,024$8,939$7,961$7,251
12 years$11,391$10,077$8,896$7,840$6,899$6,221
13 years$10,407$9,106$7,948$6,922$6,016$5,370
14 years$9,564$8,277$7,142$6,144$5,273$4,659
15 years$8,834$7,562$6,448$5,480$4,643$4,059
16 years$8,196$6,938$5,846$4,907$4,104$3,549
17 years$7,634$6,389$5,320$4,408$3,638$3,113
18 years$7,135$5,904$4,856$3,973$3,235$2,737
19 years$6,689$5,472$4,446$3,590$2,884$2,412
20 years$6,288$5,085$4,080$3,251$2,576$2,130
21 years$5,925$4,736$3,753$2,951$2,305$1,884
22 years$5,596$4,421$3,459$2,683$2,066$1,669
23 years$5,296$4,135$3,194$2,443$1,855$1,480
24 years$5,022$3,874$2,953$2,229$1,667$1,315
25 years$4,770$3,636$2,736$2,035$1,500$1,169
26 years$4,537$3,417$2,537$1,861$1,351$1,040
27 years$4,322$3,216$2,356$1,703$1,218$926
28 years$4,123$3,030$2,190$1,561$1,099$825
29 years$3,938$2,859$2,038$1,431$993$735
30 years$3,766$2,700$1,898$1,313$897$656
31 years$3,605$2,552$1,770$1,206$811$585
32 years$3,454$2,415$1,651$1,109$733$523
33 years$3,313$2,287$1,542$1,019$664$467
34 years$3,180$2,167$1,441$938$601$417
35 years$3,056$2,056$1,347$863$544$373
36 years$2,938$1,951$1,260$795$493$333
37 years$2,827$1,853$1,179$733$447$298
38 years$2,722$1,761$1,104$675$405$267
39 years$2,623$1,675$1,035$623$367$239
40 years$2,529$1,593$970$574$333$213
41 years$2,440$1,517$909$530$302$191
42 years$2,355$1,444$853$489$274$171
43 years$2,275$1,376$800$451$249$153
44 years$2,198$1,312$751$417$226$137
45 years$2,125$1,251$705$385$205$123
46 years$2,055$1,193$663$356$186$110
47 years$1,989$1,139$622$329$169$98
48 years$1,925$1,087$585$304$154$88
49 years$1,864$1,038$550$281$140$79
50 years$1,806$992$517$259$127$71

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 $3,061 every year, while hoping to spend $32,519 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: 66/14/20 Blend
56$1,850,000$1,850,000$1,850,000$1,850,000
57$2,041,857$1,943,807$1,915,132$2,166,154
58$2,215,527$2,004,454$1,944,689$2,310,537
59$2,405,821$2,066,982$1,974,147$2,464,301
60$2,614,400$2,131,450$2,003,466$2,631,625
61$2,843,096$2,197,918$2,032,609$2,813,838
62$3,093,921$2,266,446$2,061,531$3,012,408
63$3,369,098$2,337,098$2,090,189$3,228,948
64$3,671,069$2,409,939$2,118,534$3,465,237
65$4,002,529$2,485,037$2,146,515$3,723,233
66$4,366,443$2,562,460$2,174,080$4,005,093
67$4,766,080$2,642,281$2,201,172$4,313,192
68$5,205,039$2,724,571$2,227,730$4,650,147
69$5,687,286$2,809,408$2,253,691$5,018,841
70$6,217,189$2,896,869$2,278,990$5,422,447
71$6,799,561$2,987,034$2,303,554$5,864,465
72$7,439,703$3,079,986$2,327,311$6,348,747
73$8,143,457$3,175,810$2,350,180$6,879,537
74$8,917,259$3,274,593$2,372,080$7,461,513
75$9,768,199$3,376,428$2,392,924$8,099,827
76$10,704,088$3,481,405$2,412,620$8,800,155
77$11,733,532$3,589,622$2,431,070$9,568,752
78$12,866,016$3,701,176$2,448,174$10,412,507
79$14,111,986$3,816,170$2,463,825$11,339,012
80$15,482,955$3,934,709$2,477,909$12,356,634
81$16,991,606$4,056,899$2,490,308$13,474,588
82$18,651,915$4,182,853$2,500,899$14,703,031
83$20,479,281$4,312,684$2,509,550$16,053,152
84$22,490,673$4,446,510$2,516,125$17,537,281
85$24,704,785$4,584,452$2,520,479$19,169,005
86$27,142,218$4,726,636$2,522,460$20,963,294
87$29,825,673$4,873,190$2,521,911$22,936,643
88$32,780,161$5,024,245$2,518,664$25,107,231
89$36,033,243$5,179,938$2,512,545$27,495,086
90$39,615,288$5,340,410$2,503,370$30,122,281
91$43,559,762$5,505,805$2,490,948$33,013,135
92$47,903,540$5,676,271$2,475,076$36,194,451
93$52,687,254$5,851,962$2,455,544$39,695,760
94$57,955,680$6,033,034$2,432,131$43,549,605
95$63,758,157$6,219,650$2,404,605$47,791,848
96$70,149,052$6,411,976$2,372,723$52,462,007
97$77,188,278$6,610,185$2,336,231$57,603,629
98$84,941,851$6,814,453$2,294,863$63,264,701
99$93,482,520$7,024,961$2,248,341$69,498,105
100$102,890,450$7,241,898$2,196,374$76,362,112