Can I retire at age 57 with 400,000?

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 $400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$33,032$32,737$32,450$32,170$31,897$31,291
2 years$16,352$16,048$15,753$15,466$15,189$14,581
3 years$10,793$10,487$10,193$9,909$9,636$9,045
4 years$8,014$7,709$7,418$7,139$6,873$6,303
5 years$6,347$6,044$5,757$5,484$5,225$4,678
6 years$5,236$4,936$4,652$4,385$4,134$3,611
7 years$4,443$4,145$3,866$3,605$3,362$2,863
8 years$3,849$3,553$3,279$3,024$2,789$2,313
9 years$3,386$3,093$2,824$2,576$2,349$1,896
10 years$3,017$2,727$2,462$2,221$2,001$1,572
11 years$2,714$2,427$2,167$1,933$1,721$1,314
12 years$2,463$2,179$1,924$1,695$1,492$1,106
13 years$2,250$1,969$1,719$1,497$1,301$936
14 years$2,068$1,790$1,544$1,329$1,140$796
15 years$1,910$1,635$1,394$1,185$1,004$680
16 years$1,772$1,500$1,264$1,061$887$582
17 years$1,651$1,381$1,150$953$787$500
18 years$1,543$1,277$1,050$859$699$430
19 years$1,446$1,183$961$776$623$371
20 years$1,359$1,099$882$703$557$320
21 years$1,281$1,024$811$638$498$277
22 years$1,210$956$748$580$447$240
23 years$1,145$894$690$528$401$208
24 years$1,086$838$639$482$360$180
25 years$1,031$786$591$440$324$157
26 years$981$739$549$402$292$136
27 years$935$695$509$368$263$118
28 years$892$655$474$337$238$103
29 years$852$618$441$309$215$90
30 years$814$584$410$284$194$78
31 years$779$552$383$261$175$68
32 years$747$522$357$240$159$59
33 years$716$494$333$220$144$51
34 years$688$469$311$203$130$45
35 years$661$444$291$187$118$39
36 years$635$422$272$172$107$34
37 years$611$401$255$158$97$30
38 years$589$381$239$146$88$26
39 years$567$362$224$135$79$23
40 years$547$345$210$124$72$20
41 years$528$328$197$115$65$17
42 years$509$312$184$106$59$15
43 years$492$298$173$98$54$13
44 years$475$284$162$90$49$11
45 years$459$270$153$83$44$10
46 years$444$258$143$77$40$9
47 years$430$246$135$71$37$8
48 years$416$235$126$66$33$7
49 years$403$224$119$61$30$6
50 years$391$214$112$56$27$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $400,000, adding $2,757 every year, while hoping to spend $23,260 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: 44/27/29 Blend
56$400,000$400,000$400,000$400,000
57$443,644$422,444$416,244$459,324
58$464,147$418,395$405,440$466,753
59$485,962$413,368$393,494$472,379
60$509,198$407,291$380,344$478,038
61$533,975$400,087$365,923$483,745
62$560,423$391,674$350,165$489,521
63$588,686$381,966$332,995$495,390
64$618,922$370,873$314,341$501,380
65$651,303$358,296$294,122$507,522
66$686,018$344,135$272,257$513,857
67$723,275$328,281$248,661$520,427
68$763,302$310,619$223,244$527,285
69$806,348$291,029$195,912$534,489
70$852,688$269,382$166,568$542,107
71$902,625$245,544$135,110$550,217
72$956,488$219,371$101,432$558,906
73$1,014,641$190,712$65,421$568,275
74$1,077,485$159,407$26,963$578,438
75$1,145,458$125,288$0$589,524
76$1,219,044$88,176$0$606,035
77$1,298,774$47,884$0$632,966
78$1,385,230$4,212$0$662,192
79$1,479,055$0$0$693,964
80$1,580,956$0$0$741,352
81$1,691,707$0$0$794,259
82$1,812,165$0$0$851,846
83$1,943,268$0$0$914,570
84$2,086,051$0$0$982,931
85$2,241,652$0$0$1,057,479
86$2,411,323$0$0$1,138,822
87$2,596,442$0$0$1,227,625
88$2,798,528$0$0$1,324,625
89$3,019,249$0$0$1,430,631
90$3,260,445$0$0$1,546,532
91$3,524,140$0$0$1,673,309
92$3,812,563$0$0$1,812,041
93$4,128,166$0$0$1,963,919
94$4,473,654$0$0$2,130,249
95$4,851,999$0$0$2,312,475
96$5,266,481$0$0$2,512,184
97$5,720,705$0$0$2,731,123
98$6,218,648$0$0$2,971,220
99$6,764,686$0$0$3,234,594
100$7,363,639$0$0$3,523,582