Can I retire at age 57 with 4,100,000?

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 $4,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$338,574$335,558$332,616$329,744$326,940$323,122
2 years$167,611$164,489$161,464$158,531$155,686$151,843
3 years$110,631$107,496$104,478$101,572$98,773$95,025
4 years$82,146$79,021$76,033$73,177$70,446$66,821
5 years$65,060$61,953$59,005$56,207$53,552$50,061
6 years$53,673$50,589$47,685$44,949$42,374$39,021
7 years$45,542$42,485$39,626$36,955$34,461$31,248
8 years$39,447$36,417$33,606$31,001$28,589$25,514
9 years$34,709$31,708$28,945$26,406$24,076$21,139
10 years$30,921$27,949$25,235$22,762$20,514$17,713
11 years$27,823$24,881$22,216$19,810$17,643$14,975
12 years$25,244$22,332$19,716$17,376$15,289$12,752
13 years$23,063$20,182$17,615$15,340$13,332$10,923
14 years$21,195$18,345$15,827$13,617$11,687$9,402
15 years$19,578$16,758$14,290$12,144$10,290$8,125
16 years$18,165$15,375$12,956$10,874$9,094$7,046
17 years$16,918$14,160$11,790$9,770$8,064$6,128
18 years$15,812$13,085$10,762$8,805$7,170$5,343
19 years$14,823$12,127$9,852$7,956$6,391$4,668
20 years$13,935$11,269$9,042$7,206$5,708$4,086
21 years$13,132$10,496$8,317$6,540$5,108$3,582
22 years$12,402$9,798$7,665$5,946$4,579$3,145
23 years$11,738$9,164$7,078$5,415$4,110$2,764
24 years$11,129$8,586$6,546$4,939$3,694$2,432
25 years$10,570$8,057$6,062$4,510$3,324$2,142
26 years$10,055$7,573$5,623$4,124$2,994$1,888
27 years$9,579$7,127$5,221$3,775$2,700$1,665
28 years$9,138$6,716$4,854$3,459$2,436$1,469
29 years$8,728$6,335$4,517$3,172$2,200$1,297
30 years$8,346$5,983$4,207$2,911$1,988$1,146
31 years$7,989$5,656$3,922$2,673$1,797$1,013
32 years$7,655$5,352$3,660$2,457$1,625$895
33 years$7,342$5,068$3,417$2,259$1,471$792
34 years$7,049$4,803$3,193$2,079$1,332$700
35 years$6,772$4,556$2,985$1,914$1,206$620
36 years$6,512$4,324$2,792$1,762$1,093$548
37 years$6,266$4,107$2,614$1,624$991$486
38 years$6,034$3,903$2,447$1,497$898$430
39 years$5,814$3,712$2,293$1,380$814$381
40 years$5,605$3,531$2,149$1,273$739$337
41 years$5,408$3,361$2,015$1,174$670$299
42 years$5,220$3,201$1,890$1,084$608$264
43 years$5,041$3,050$1,774$1,000$552$234
44 years$4,871$2,907$1,665$924$501$208
45 years$4,709$2,773$1,563$853$455$184
46 years$4,555$2,645$1,468$788$413$163
47 years$4,408$2,524$1,380$728$375$144
48 years$4,267$2,410$1,296$673$341$128
49 years$4,132$2,301$1,219$622$309$113
50 years$4,003$2,198$1,146$575$281$101

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $4,100,000, adding $6,849 every year, while hoping to spend $43,716 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: 72/10/18 Blend
56$4,100,000$4,100,000$4,100,000$4,100,000
57$4,525,265$4,307,965$4,244,415$4,831,424
58$4,940,328$4,472,542$4,340,089$5,200,335
59$5,396,263$4,643,717$4,437,503$5,598,294
60$5,897,192$4,821,770$4,536,670$6,033,004
61$6,447,657$5,006,987$4,637,599$6,508,101
62$7,052,661$5,199,673$4,740,302$7,027,590
63$7,717,716$5,400,141$4,844,786$7,595,878
64$8,448,897$5,608,721$4,951,060$8,217,820
65$9,252,893$5,825,757$5,059,129$8,898,763
66$10,137,076$6,051,608$5,168,998$9,644,593
67$11,109,568$6,286,647$5,280,670$10,461,796
68$12,179,318$6,531,266$5,394,146$11,357,512
69$13,356,183$6,785,873$5,509,425$12,339,607
70$14,651,029$7,050,896$5,626,506$13,416,744
71$16,075,822$7,326,778$5,745,382$14,598,466
72$17,643,752$7,613,987$5,866,049$15,895,285
73$19,369,349$7,913,006$5,988,496$17,318,780
74$21,268,624$8,224,345$6,112,712$18,881,705
75$23,359,219$8,548,532$6,238,682$20,598,110
76$25,660,571$8,886,123$6,366,390$22,483,476
77$28,194,101$9,237,694$6,495,816$24,554,853
78$30,983,410$9,603,852$6,626,936$26,831,027
79$34,054,504$9,985,227$6,759,725$29,332,694
80$37,436,039$10,382,479$6,894,151$32,082,656
81$41,159,592$10,796,297$7,030,182$35,106,032
82$45,259,957$11,227,403$7,167,780$38,430,498
83$49,775,476$11,676,548$7,306,904$42,086,548
84$54,748,396$12,144,520$7,447,506$46,107,776
85$60,225,272$12,632,141$7,589,537$50,531,199
86$66,257,404$13,140,271$7,732,942$55,397,600
87$72,901,322$13,669,807$7,877,658$60,751,915
88$80,219,318$14,221,689$8,023,621$66,643,656
89$88,280,035$14,796,898$8,170,759$73,127,376
90$97,159,113$15,396,461$8,318,994$80,263,185
91$106,939,904$16,021,449$8,468,241$88,117,315
92$117,714,259$16,672,984$8,618,412$96,762,745
93$129,583,391$17,352,239$8,769,407$106,279,888
94$142,658,837$18,060,438$8,921,122$116,757,350
95$157,063,504$18,798,865$9,073,445$128,292,764
96$172,932,831$19,568,859$9,226,255$140,993,712
97$190,416,068$20,371,821$9,379,423$154,978,737
98$209,677,684$21,209,218$9,532,810$170,378,466
99$230,898,919$22,082,580$9,686,270$187,336,834
100$254,279,494$22,993,512$9,839,646$206,012,448