Can I retire at age 57 with 433,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $433,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$35,757$35,438$35,127$34,824$34,528$33,942
2 years$17,701$17,372$17,052$16,742$16,442$15,853
3 years$11,684$11,353$11,034$10,727$10,431$9,859
4 years$8,675$8,345$8,030$7,728$7,440$6,887
5 years$6,871$6,543$6,231$5,936$5,656$5,125
6 years$5,668$5,343$5,036$4,747$4,475$3,967
7 years$4,810$4,487$4,185$3,903$3,639$3,153
8 years$4,166$3,846$3,549$3,274$3,019$2,556
9 years$3,666$3,349$3,057$2,789$2,543$2,101
10 years$3,266$2,952$2,665$2,404$2,166$1,747
11 years$2,938$2,628$2,346$2,092$1,863$1,465
12 years$2,666$2,358$2,082$1,835$1,615$1,237
13 years$2,436$2,131$1,860$1,620$1,408$1,051
14 years$2,238$1,937$1,672$1,438$1,234$896
15 years$2,068$1,770$1,509$1,283$1,087$768
16 years$1,918$1,624$1,368$1,148$960$660
17 years$1,787$1,495$1,245$1,032$852$569
18 years$1,670$1,382$1,137$930$757$491
19 years$1,565$1,281$1,041$840$675$425
20 years$1,472$1,190$955$761$603$369
21 years$1,387$1,109$878$691$539$320
22 years$1,310$1,035$810$628$484$278
23 years$1,240$968$747$572$434$242
24 years$1,175$907$691$522$390$211
25 years$1,116$851$640$476$351$184
26 years$1,062$800$594$436$316$160
27 years$1,012$753$551$399$285$140
28 years$965$709$513$365$257$122
29 years$922$669$477$335$232$107
30 years$881$632$444$307$210$93
31 years$844$597$414$282$190$82
32 years$808$565$386$259$172$71
33 years$775$535$361$239$155$62
34 years$744$507$337$220$141$55
35 years$715$481$315$202$127$48
36 years$688$457$295$186$115$42
37 years$662$434$276$171$105$37
38 years$637$412$258$158$95$32
39 years$614$392$242$146$86$28
40 years$592$373$227$134$78$25
41 years$571$355$213$124$71$22
42 years$551$338$200$114$64$19
43 years$532$322$187$106$58$17
44 years$514$307$176$98$53$14
45 years$497$293$165$90$48$13
46 years$481$279$155$83$44$11
47 years$465$267$146$77$40$10
48 years$451$254$137$71$36$9
49 years$436$243$129$66$33$7
50 years$423$232$121$61$30$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $433,000, adding $4,232 every year, while hoping to spend $30,353 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: 59/26/15 Blend
56$433,000$433,000$433,000$433,000
57$481,531$458,582$451,871$507,867
58$498,352$448,757$434,713$516,321
59$515,871$437,434$415,963$521,796
60$534,128$424,506$395,536$527,056
61$553,165$409,863$373,342$532,083
62$573,027$393,385$349,288$536,861
63$593,763$374,948$323,277$541,372
64$615,426$354,420$295,206$545,599
65$638,074$331,661$264,970$549,525
66$661,768$306,522$232,456$553,132
67$686,574$278,848$197,550$556,403
68$712,566$248,473$160,129$559,322
69$739,822$215,223$120,068$561,872
70$768,428$178,912$77,234$564,038
71$798,475$139,346$31,488$565,806
72$830,064$96,319$0$567,163
73$863,305$49,613$0$570,871
74$898,317$0$0$579,706
75$935,229$0$0$588,926
76$974,182$0$0$613,650
77$1,015,331$0$0$639,782
78$1,058,843$0$0$667,431
79$1,104,902$0$0$696,716
80$1,153,707$0$0$727,766
81$1,205,478$0$0$760,722
82$1,260,454$0$0$795,740
83$1,318,896$0$0$832,989
84$1,381,089$0$0$872,653
85$1,447,348$0$0$914,936
86$1,518,016$0$0$960,060
87$1,593,466$0$0$1,008,269
88$1,674,113$0$0$1,059,829
89$1,760,405$0$0$1,115,032
90$1,852,839$0$0$1,174,200
91$1,951,957$0$0$1,237,684
92$2,058,353$0$0$1,305,871
93$2,172,682$0$0$1,379,183
94$2,295,660$0$0$1,458,088
95$2,428,075$0$0$1,543,094
96$2,570,792$0$0$1,634,765
97$2,724,759$0$0$1,733,715
98$2,891,022$0$0$1,840,623
99$3,070,726$0$0$1,956,232
100$3,265,131$0$0$2,081,361