Can I retire at age 57 with 427,000?

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 $427,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$35,261$34,947$34,641$34,342$34,050$32,686
2 years$17,456$17,131$16,816$16,510$16,214$14,857
3 years$11,522$11,195$10,881$10,578$10,287$8,980
4 years$8,555$8,230$7,919$7,621$7,337$6,089
5 years$6,776$6,452$6,145$5,854$5,577$4,392
6 years$5,590$5,269$4,966$4,681$4,413$3,292
7 years$4,743$4,425$4,127$3,849$3,589$2,531
8 years$4,108$3,793$3,500$3,229$2,977$1,981
9 years$3,615$3,302$3,015$2,750$2,507$1,572
10 years$3,220$2,911$2,628$2,371$2,136$1,259
11 years$2,898$2,591$2,314$2,063$1,837$1,017
12 years$2,629$2,326$2,053$1,810$1,592$826
13 years$2,402$2,102$1,835$1,598$1,388$674
14 years$2,207$1,911$1,648$1,418$1,217$552
15 years$2,039$1,745$1,488$1,265$1,072$454
16 years$1,892$1,601$1,349$1,132$947$374
17 years$1,762$1,475$1,228$1,018$840$309
18 years$1,647$1,363$1,121$917$747$255
19 years$1,544$1,263$1,026$829$666$211
20 years$1,451$1,174$942$750$594$175
21 years$1,368$1,093$866$681$532$145
22 years$1,292$1,020$798$619$477$121
23 years$1,222$954$737$564$428$100
24 years$1,159$894$682$514$385$83
25 years$1,101$839$631$470$346$69
26 years$1,047$789$586$430$312$58
27 years$998$742$544$393$281$48
28 years$952$699$505$360$254$40
29 years$909$660$470$330$229$33
30 years$869$623$438$303$207$28
31 years$832$589$408$278$187$23
32 years$797$557$381$256$169$19
33 years$765$528$356$235$153$16
34 years$734$500$332$216$139$13
35 years$705$474$311$199$126$11
36 years$678$450$291$184$114$9
37 years$653$428$272$169$103$8
38 years$628$407$255$156$94$6
39 years$605$387$239$144$85$5
40 years$584$368$224$133$77$4
41 years$563$350$210$122$70$4
42 years$544$333$197$113$63$3
43 years$525$318$185$104$57$3
44 years$507$303$173$96$52$2
45 years$490$289$163$89$47$2
46 years$474$275$153$82$43$1
47 years$459$263$144$76$39$1
48 years$444$251$135$70$35$1
49 years$430$240$127$65$32$1
50 years$417$229$119$60$29$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $427,000, adding $3,258 every year, while hoping to spend $23,071 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: 69/17/14 Blend
56$427,000$427,000$427,000$427,000
57$473,915$451,284$444,665$504,891
58$497,707$448,849$435,014$523,479
59$523,152$445,522$424,266$540,743
60$550,395$441,235$412,361$559,038
61$579,595$435,914$399,234$578,461
62$610,924$429,484$384,819$599,121
63$644,573$421,864$369,046$621,139
64$680,752$412,968$351,841$644,648
65$719,689$402,704$333,128$669,795
66$761,637$390,976$312,828$696,743
67$806,873$377,683$290,857$725,673
68$855,701$362,716$267,127$756,784
69$908,455$345,962$241,548$790,296
70$965,502$327,299$214,025$826,453
71$1,027,246$306,599$184,458$865,527
72$1,094,131$283,728$152,743$907,814
73$1,166,645$258,543$118,772$953,644
74$1,245,323$230,892$82,431$1,003,383
75$1,330,757$200,617$43,603$1,057,434
76$1,423,595$167,548$2,165$1,116,243
77$1,524,551$131,507$0$1,180,301
78$1,634,410$92,306$0$1,256,436
79$1,754,038$49,746$0$1,339,721
80$1,884,384$3,619$0$1,430,517
81$2,026,496$0$0$1,529,580
82$2,181,525$0$0$1,646,406
83$2,350,739$0$0$1,774,683
84$2,535,535$0$0$1,914,796
85$2,737,448$0$0$2,067,911
86$2,958,169$0$0$2,235,315
87$3,199,561$0$0$2,418,423
88$3,463,675$0$0$2,618,794
89$3,752,767$0$0$2,838,145
90$4,069,324$0$0$3,078,364
91$4,416,085$0$0$3,341,534
92$4,796,063$0$0$3,629,946
93$5,212,579$0$0$3,946,125
94$5,669,290$0$0$4,292,850
95$6,170,225$0$0$4,673,185
96$6,719,818$0$0$5,090,501
97$7,322,958$0$0$5,548,514
98$7,985,025$0$0$6,051,316
99$8,711,951$0$0$6,603,415
100$9,510,264$0$0$7,209,776