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%14.1%
1 years$152,771$151,410$150,083$148,787$147,522$145,018
2 years$75,629$74,221$72,856$71,532$70,248$67,734
3 years$49,919$48,504$47,142$45,831$44,568$42,121
4 years$37,066$35,656$34,308$33,019$31,787$29,425
5 years$29,356$27,954$26,624$25,362$24,164$21,895
6 years$24,218$22,827$21,516$20,282$19,120$16,947
7 years$20,550$19,170$17,880$16,675$15,550$13,473
8 years$17,799$16,432$15,164$13,988$12,900$10,919
9 years$15,661$14,307$13,061$11,915$10,864$8,977
10 years$13,952$12,611$11,386$10,271$9,256$7,463
11 years$12,554$11,227$10,024$8,939$7,961$6,258
12 years$11,391$10,077$8,896$7,840$6,899$5,285
13 years$10,407$9,106$7,948$6,922$6,016$4,489
14 years$9,564$8,277$7,142$6,144$5,273$3,830
15 years$8,834$7,562$6,448$5,480$4,643$3,281
16 years$8,196$6,938$5,846$4,907$4,104$2,819
17 years$7,634$6,389$5,320$4,408$3,638$2,430
18 years$7,135$5,904$4,856$3,973$3,235$2,099
19 years$6,689$5,472$4,446$3,590$2,884$1,816
20 years$6,288$5,085$4,080$3,251$2,576$1,575
21 years$5,925$4,736$3,753$2,951$2,305$1,367
22 years$5,596$4,421$3,459$2,683$2,066$1,188
23 years$5,296$4,135$3,194$2,443$1,855$1,034
24 years$5,022$3,874$2,953$2,229$1,667$901
25 years$4,770$3,636$2,736$2,035$1,500$785
26 years$4,537$3,417$2,537$1,861$1,351$685
27 years$4,322$3,216$2,356$1,703$1,218$598
28 years$4,123$3,030$2,190$1,561$1,099$522
29 years$3,938$2,859$2,038$1,431$993$456
30 years$3,766$2,700$1,898$1,313$897$399
31 years$3,605$2,552$1,770$1,206$811$348
32 years$3,454$2,415$1,651$1,109$733$305
33 years$3,313$2,287$1,542$1,019$664$267
34 years$3,180$2,167$1,441$938$601$233
35 years$3,056$2,056$1,347$863$544$204
36 years$2,938$1,951$1,260$795$493$179
37 years$2,827$1,853$1,179$733$447$156
38 years$2,722$1,761$1,104$675$405$137
39 years$2,623$1,675$1,035$623$367$120
40 years$2,529$1,593$970$574$333$105
41 years$2,440$1,517$909$530$302$92
42 years$2,355$1,444$853$489$274$81
43 years$2,275$1,376$800$451$249$71
44 years$2,198$1,312$751$417$226$62
45 years$2,125$1,251$705$385$205$54
46 years$2,055$1,193$663$356$186$47
47 years$1,989$1,139$622$329$169$42
48 years$1,925$1,087$585$304$154$36
49 years$1,864$1,038$550$281$140$32
50 years$1,806$992$517$259$127$28

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 $3,531 every year, while hoping to spend $21,372 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: 29/46/25 Blend
56$1,850,000$1,850,000$1,850,000$1,850,000
57$2,042,342$1,944,292$1,915,617$2,085,618
58$2,227,921$2,016,823$1,957,051$2,192,225
59$2,431,714$2,092,191$1,999,156$2,304,644
60$2,655,554$2,170,514$2,041,933$2,425,070
61$2,901,463$2,251,912$2,085,381$2,554,207
62$3,171,669$2,336,513$2,129,498$2,692,829
63$3,468,625$2,424,448$2,174,282$2,841,783
64$3,795,035$2,515,855$2,219,730$3,001,998
65$4,153,875$2,610,879$2,265,838$3,174,494
66$4,548,427$2,709,669$2,312,600$3,360,391
67$4,982,306$2,812,381$2,360,011$3,560,918
68$5,459,493$2,919,180$2,408,063$3,777,425
69$5,984,376$3,030,235$2,456,749$4,011,394
70$6,561,790$3,145,724$2,506,057$4,264,453
71$7,197,061$3,265,833$2,555,978$4,538,391
72$7,896,057$3,390,755$2,606,500$4,835,175
73$8,665,245$3,520,692$2,657,608$5,156,964
74$9,511,750$3,655,856$2,709,288$5,506,134
75$10,443,422$3,796,467$2,761,523$5,885,295
76$11,468,911$3,942,753$2,814,293$6,297,318
77$12,597,748$4,094,956$2,867,580$6,745,359
78$13,840,435$4,253,326$2,921,361$7,232,891
79$15,208,544$4,418,124$2,975,611$7,763,730
80$16,714,827$4,589,623$3,030,305$8,342,078
81$18,373,333$4,768,108$3,085,414$8,972,554
82$20,199,545$4,953,877$3,140,908$9,660,242
83$22,210,523$5,147,241$3,196,752$10,410,737
84$24,425,065$5,348,525$3,252,912$11,230,192
85$26,863,886$5,558,067$3,309,349$12,125,382
86$29,549,812$5,776,222$3,366,022$13,103,761
87$32,507,996$6,003,360$3,422,887$14,173,536
88$35,766,153$6,239,866$3,479,895$15,343,738
89$39,354,826$6,486,145$3,536,997$16,624,309
90$43,307,671$6,742,618$3,594,139$18,026,195
91$47,661,773$7,009,726$3,651,262$19,561,446
92$52,458,000$7,287,929$3,708,306$21,243,328
93$57,741,387$7,577,708$3,765,204$23,086,448
94$63,561,557$7,879,565$3,821,888$25,106,890
95$69,973,198$8,194,026$3,878,283$27,322,365
96$77,036,569$8,521,638$3,934,311$29,752,376
97$84,818,077$8,862,976$3,989,888$32,418,400
98$93,390,897$9,218,638$4,044,925$35,344,088
99$102,835,668$9,589,251$4,099,330$38,555,491
100$113,241,252$9,975,470$4,153,003$42,081,295