Can I retire at age 57 with 1,900,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$156,900$155,503$154,139$152,808$151,509$145,959
2 years$77,673$76,227$74,825$73,465$72,147$66,617
3 years$51,268$49,815$48,417$47,070$45,773$40,438
4 years$38,068$36,619$35,235$33,911$32,646$27,545
5 years$30,150$28,710$27,344$26,047$24,817$19,964
6 years$24,873$23,444$22,098$20,830$19,637$15,036
7 years$21,105$19,688$18,363$17,126$15,970$11,620
8 years$18,280$16,876$15,574$14,366$13,249$9,145
9 years$16,085$14,694$13,414$12,237$11,157$7,295
10 years$14,329$12,952$11,694$10,548$9,506$5,878
11 years$12,894$11,530$10,295$9,180$8,176$4,774
12 years$11,698$10,349$9,137$8,052$7,085$3,901
13 years$10,688$9,353$8,163$7,109$6,178$3,204
14 years$9,822$8,501$7,335$6,310$5,416$2,641
15 years$9,073$7,766$6,622$5,628$4,769$2,184
16 years$8,418$7,125$6,004$5,039$4,214$1,811
17 years$7,840$6,562$5,463$4,528$3,737$1,505
18 years$7,328$6,064$4,987$4,080$3,323$1,253
19 years$6,869$5,620$4,566$3,687$2,962$1,045
20 years$6,457$5,222$4,190$3,339$2,645$872
21 years$6,085$4,864$3,854$3,031$2,367$728
22 years$5,747$4,540$3,552$2,755$2,122$609
23 years$5,439$4,247$3,280$2,509$1,905$510
24 years$5,157$3,979$3,033$2,289$1,712$427
25 years$4,898$3,734$2,809$2,090$1,541$357
26 years$4,660$3,509$2,606$1,911$1,388$299
27 years$4,439$3,303$2,420$1,749$1,251$251
28 years$4,235$3,112$2,249$1,603$1,129$210
29 years$4,045$2,936$2,093$1,470$1,019$176
30 years$3,868$2,773$1,950$1,349$921$148
31 years$3,702$2,621$1,818$1,239$833$124
32 years$3,548$2,480$1,696$1,139$753$104
33 years$3,403$2,349$1,583$1,047$682$87
34 years$3,266$2,226$1,479$963$617$73
35 years$3,138$2,111$1,383$887$559$62
36 years$3,018$2,004$1,294$817$507$52
37 years$2,904$1,903$1,211$752$459$43
38 years$2,796$1,809$1,134$694$416$36
39 years$2,694$1,720$1,063$640$377$31
40 years$2,598$1,636$996$590$342$26
41 years$2,506$1,558$934$544$311$22
42 years$2,419$1,484$876$502$282$18
43 years$2,336$1,414$822$464$256$15
44 years$2,257$1,347$772$428$232$13
45 years$2,182$1,285$725$395$211$11
46 years$2,111$1,226$681$365$191$9
47 years$2,043$1,170$639$337$174$8
48 years$1,977$1,117$601$312$158$6
49 years$1,915$1,066$565$288$143$5
50 years$1,855$1,019$531$266$130$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $1,900,000, adding $3,673 every year, while hoping to spend $48,559 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: 33/49/18 Blend
56$1,900,000$1,900,000$1,900,000$1,900,000
57$2,097,589$1,996,889$1,967,439$2,154,991
58$2,259,876$2,043,070$1,981,681$2,243,928
59$2,437,090$2,089,886$1,994,774$2,334,977
60$2,630,700$2,137,318$2,006,626$2,432,078
61$2,842,328$2,185,342$2,017,144$2,535,790
62$3,073,754$2,233,934$2,026,228$2,646,731
63$3,326,944$2,283,064$2,033,773$2,765,580
64$3,604,059$2,332,700$2,039,671$2,893,088
65$3,907,480$2,382,809$2,043,807$3,030,080
66$4,239,827$2,433,351$2,046,058$3,177,468
67$4,603,987$2,484,283$2,046,300$3,336,256
68$5,003,141$2,535,560$2,044,398$3,507,553
69$5,440,789$2,587,130$2,040,212$3,692,578
70$5,920,788$2,638,938$2,033,598$3,892,679
71$6,447,385$2,690,923$2,024,400$4,109,342
72$7,025,260$2,743,019$2,012,459$4,344,204
73$7,659,565$2,795,156$1,997,606$4,599,071
74$8,355,979$2,847,256$1,979,663$4,875,936
75$9,120,753$2,899,236$1,958,446$5,176,995
76$9,960,776$2,951,006$1,933,761$5,504,672
77$10,883,638$3,002,468$1,905,405$5,861,638
78$11,897,698$3,053,518$1,873,165$6,250,840
79$13,012,166$3,104,043$1,836,818$6,675,529
80$14,237,188$3,153,922$1,796,133$7,139,289
81$15,583,943$3,203,025$1,750,864$7,646,073
82$17,064,745$3,251,213$1,700,758$8,200,241
83$18,693,162$3,298,336$1,645,547$8,806,601
84$20,484,145$3,344,235$1,584,953$9,470,455
85$22,454,163$3,388,737$1,518,684$10,197,650
86$24,621,362$3,431,660$1,446,435$10,994,636
87$27,005,738$3,472,808$1,367,887$11,868,523
88$29,629,319$3,511,972$1,282,707$12,827,153
89$32,516,378$3,548,927$1,190,547$13,879,176
90$35,693,661$3,583,437$1,091,043$15,034,125
91$39,190,637$3,615,248$983,814$16,302,518
92$43,039,775$3,644,088$868,465$17,695,950
93$47,276,853$3,669,669$744,580$19,227,206
94$51,941,294$3,691,685$611,726$20,910,385
95$57,076,538$3,709,809$469,450$22,761,033
96$62,730,449$3,723,695$317,281$24,796,290
97$68,955,771$3,732,972$154,726$27,035,056
98$75,810,620$3,737,248$0$29,498,168
99$83,359,036$3,736,106$0$32,212,202
100$91,671,587$3,729,104$0$35,230,835