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%12.5%
1 years$33,032$32,737$32,450$32,170$31,897$31,563
2 years$16,352$16,048$15,753$15,466$15,189$14,853
3 years$10,793$10,487$10,193$9,909$9,636$9,309
4 years$8,014$7,709$7,418$7,139$6,873$6,556
5 years$6,347$6,044$5,757$5,484$5,225$4,919
6 years$5,236$4,936$4,652$4,385$4,134$3,841
7 years$4,443$4,145$3,866$3,605$3,362$3,081
8 years$3,849$3,553$3,279$3,024$2,789$2,520
9 years$3,386$3,093$2,824$2,576$2,349$2,091
10 years$3,017$2,727$2,462$2,221$2,001$1,756
11 years$2,714$2,427$2,167$1,933$1,721$1,487
12 years$2,463$2,179$1,924$1,695$1,492$1,269
13 years$2,250$1,969$1,719$1,497$1,301$1,089
14 years$2,068$1,790$1,544$1,329$1,140$939
15 years$1,910$1,635$1,394$1,185$1,004$813
16 years$1,772$1,500$1,264$1,061$887$707
17 years$1,651$1,381$1,150$953$787$616
18 years$1,543$1,277$1,050$859$699$538
19 years$1,446$1,183$961$776$623$471
20 years$1,359$1,099$882$703$557$413
21 years$1,281$1,024$811$638$498$363
22 years$1,210$956$748$580$447$320
23 years$1,145$894$690$528$401$282
24 years$1,086$838$639$482$360$248
25 years$1,031$786$591$440$324$219
26 years$981$739$549$402$292$194
27 years$935$695$509$368$263$171
28 years$892$655$474$337$238$151
29 years$852$618$441$309$215$134
30 years$814$584$410$284$194$119
31 years$779$552$383$261$175$105
32 years$747$522$357$240$159$93
33 years$716$494$333$220$144$83
34 years$688$469$311$203$130$73
35 years$661$444$291$187$118$65
36 years$635$422$272$172$107$58
37 years$611$401$255$158$97$51
38 years$589$381$239$146$88$45
39 years$567$362$224$135$79$40
40 years$547$345$210$124$72$36
41 years$528$328$197$115$65$32
42 years$509$312$184$106$59$28
43 years$492$298$173$98$54$25
44 years$475$284$162$90$49$22
45 years$459$270$153$83$44$20
46 years$444$258$143$77$40$18
47 years$430$246$135$71$37$16
48 years$416$235$126$66$33$14
49 years$403$224$119$61$30$12
50 years$391$214$112$56$27$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $400,000, adding $4,189 every year, while hoping to spend $26,474 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: 24/49/27 Blend
56$400,000$400,000$400,000$400,000
57$445,121$423,921$417,721$451,940
58$462,355$416,525$403,546$450,610
59$480,460$407,879$388,010$446,670
60$499,496$397,895$371,038$441,889
61$519,530$386,477$352,553$436,215
62$540,634$373,526$332,474$429,593
63$562,885$358,935$310,719$421,965
64$586,370$342,594$287,199$413,274
65$611,182$324,383$261,822$403,455
66$637,422$304,177$234,493$392,447
67$665,202$281,845$205,111$380,181
68$694,642$257,244$173,572$366,589
69$725,875$230,229$139,766$351,600
70$759,046$200,642$103,580$335,139
71$794,312$168,317$64,894$317,130
72$831,848$133,081$23,584$297,495
73$871,843$94,748$0$276,153
74$914,505$53,125$0$258,926
75$960,061$8,004$0$247,460
76$1,008,760$0$0$234,905
77$1,060,876$0$0$243,232
78$1,116,708$0$0$256,822
79$1,176,585$0$0$271,445
80$1,240,867$0$0$287,195
81$1,309,951$0$0$304,175
82$1,384,271$0$0$322,499
83$1,464,304$0$0$342,292
84$1,550,573$0$0$363,692
85$1,643,655$0$0$386,848
86$1,744,180$0$0$411,928
87$1,852,845$0$0$439,112
88$1,970,413$0$0$468,602
89$2,097,723$0$0$500,618
90$2,235,698$0$0$535,403
91$2,385,352$0$0$573,223
92$2,547,802$0$0$614,372
93$2,724,275$0$0$659,172
94$2,916,121$0$0$707,979
95$3,124,826$0$0$761,184
96$3,352,022$0$0$819,217
97$3,599,510$0$0$882,552
98$3,869,267$0$0$951,709
99$4,163,471$0$0$1,027,264
100$4,484,520$0$0$1,109,847