Can I retire at age 57 with 3,900,000?

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 $3,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$322,058$319,190$316,391$313,659$310,991$303,597
2 years$159,435$156,466$153,588$150,798$148,091$140,684
3 years$105,234$102,252$99,381$96,617$93,955$86,768
4 years$78,139$75,166$72,324$69,607$67,010$60,097
5 years$61,886$58,931$56,127$53,465$50,940$44,321
6 years$51,055$48,122$45,359$42,757$40,307$33,989
7 years$43,321$40,412$37,693$35,153$32,780$26,764
8 years$37,523$34,641$31,967$29,489$27,194$21,477
9 years$33,016$30,161$27,533$25,118$22,902$17,479
10 years$29,412$26,586$24,004$21,652$19,513$14,379
11 years$26,466$23,668$21,133$18,843$16,782$11,929
12 years$24,013$21,243$18,755$16,528$14,543$9,964
13 years$21,938$19,197$16,756$14,592$12,682$8,367
14 years$20,161$17,450$15,055$12,953$11,117$7,057
15 years$18,623$15,941$13,593$11,552$9,788$5,975
16 years$17,278$14,625$12,324$10,343$8,651$5,073
17 years$16,093$13,469$11,214$9,294$7,670$4,319
18 years$15,041$12,446$10,237$8,375$6,820$3,684
19 years$14,100$11,535$9,372$7,568$6,079$3,148
20 years$13,255$10,719$8,601$6,854$5,430$2,695
21 years$12,491$9,984$7,911$6,221$4,859$2,309
22 years$11,797$9,320$7,291$5,656$4,355$1,981
23 years$11,165$8,717$6,732$5,151$3,910$1,701
24 years$10,586$8,167$6,226$4,698$3,514$1,462
25 years$10,055$7,664$5,767$4,290$3,162$1,257
26 years$9,565$7,203$5,348$3,923$2,848$1,082
27 years$9,112$6,779$4,966$3,591$2,568$931
28 years$8,692$6,388$4,617$3,290$2,317$802
29 years$8,302$6,026$4,296$3,017$2,092$691
30 years$7,939$5,691$4,002$2,769$1,891$596
31 years$7,599$5,380$3,731$2,543$1,709$514
32 years$7,282$5,091$3,481$2,337$1,546$443
33 years$6,984$4,821$3,250$2,149$1,399$382
34 years$6,705$4,569$3,037$1,977$1,267$329
35 years$6,442$4,334$2,839$1,820$1,147$284
36 years$6,194$4,113$2,656$1,676$1,040$245
37 years$5,960$3,907$2,486$1,545$942$212
38 years$5,739$3,713$2,328$1,424$854$183
39 years$5,530$3,531$2,181$1,313$775$158
40 years$5,332$3,359$2,044$1,211$703$136
41 years$5,144$3,197$1,917$1,117$637$117
42 years$4,965$3,045$1,798$1,031$578$101
43 years$4,795$2,901$1,687$952$525$88
44 years$4,634$2,766$1,584$879$477$76
45 years$4,480$2,637$1,487$812$433$65
46 years$4,333$2,516$1,397$750$393$56
47 years$4,193$2,401$1,312$693$357$49
48 years$4,059$2,292$1,233$640$324$42
49 years$3,930$2,189$1,159$591$294$36
50 years$3,808$2,091$1,090$547$267$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $3,900,000, adding $2,100 every year, while hoping to spend $42,175 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: 76/6/18 Blend
56$3,900,000$3,900,000$3,900,000$3,900,000
57$4,299,966$4,093,266$4,032,816$4,608,975
58$4,693,689$4,248,962$4,123,042$4,969,379
59$5,126,158$4,410,874$4,214,876$5,358,977
60$5,601,280$4,579,261$4,308,329$5,785,011
61$6,123,361$4,754,396$4,403,409$6,251,105
62$6,697,144$4,936,560$4,500,122$6,761,250
63$7,327,851$5,126,051$4,598,475$7,319,842
64$8,021,240$5,323,176$4,698,472$7,931,722
65$8,783,653$5,528,257$4,800,117$8,602,221
66$9,622,075$5,741,631$4,903,410$9,337,214
67$10,544,204$5,963,649$5,008,352$10,143,168
68$11,558,522$6,194,677$5,114,941$11,027,211
69$12,674,373$6,435,098$5,223,174$11,997,192
70$13,902,053$6,685,311$5,333,044$13,061,758
71$15,252,905$6,945,734$5,444,543$14,230,434
72$16,739,428$7,216,802$5,557,662$15,513,715
73$18,375,395$7,498,971$5,672,389$16,923,161
74$20,175,980$7,792,714$5,788,709$18,471,508
75$22,157,902$8,098,530$5,906,603$20,172,788
76$24,339,586$8,416,936$6,026,052$22,042,461
77$26,741,331$8,748,473$6,147,032$24,097,557
78$29,385,506$9,093,707$6,269,517$26,356,842
79$32,296,758$9,453,230$6,393,476$28,840,990
80$35,502,247$9,827,658$6,518,877$31,572,780
81$39,031,900$10,217,636$6,645,683$34,577,311
82$42,918,692$10,623,839$6,773,852$37,882,237
83$47,198,961$11,046,970$6,903,339$41,518,026
84$51,912,749$11,487,765$7,034,094$45,518,251
85$57,104,177$11,946,993$7,166,064$49,919,903
86$62,821,865$12,425,458$7,299,189$54,763,744
87$69,119,389$12,923,998$7,433,405$60,094,684
88$76,055,785$13,443,493$7,568,643$65,962,210
89$83,696,110$13,984,859$7,704,828$72,420,853
90$92,112,051$14,549,055$7,841,877$79,530,697
91$101,382,604$15,137,083$7,979,704$87,357,951
92$111,594,820$15,749,990$8,118,215$95,975,571
93$122,844,625$16,388,873$8,257,308$105,463,945
94$135,237,725$17,054,876$8,396,876$115,911,658
95$148,890,603$17,749,195$8,536,802$127,416,321
96$163,931,622$18,473,083$8,676,962$140,085,496
97$180,502,232$19,227,849$8,817,225$154,037,708
98$198,758,306$20,014,859$8,957,448$169,403,565
99$218,871,612$20,835,546$9,097,481$186,326,988
100$241,031,433$21,691,405$9,237,164$204,966,571