Can I retire at age 57 with 435,000?

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 $435,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$35,922$35,602$35,290$34,985$34,688$34,127
2 years$17,783$17,452$17,131$16,820$16,518$15,955
3 years$11,738$11,405$11,085$10,777$10,480$9,931
4 years$8,716$8,384$8,067$7,764$7,474$6,945
5 years$6,903$6,573$6,260$5,963$5,682$5,173
6 years$5,695$5,367$5,059$4,769$4,496$4,008
7 years$4,832$4,508$4,204$3,921$3,656$3,190
8 years$4,185$3,864$3,566$3,289$3,033$2,588
9 years$3,683$3,364$3,071$2,802$2,554$2,131
10 years$3,281$2,965$2,677$2,415$2,176$1,773
11 years$2,952$2,640$2,357$2,102$1,872$1,489
12 years$2,678$2,369$2,092$1,844$1,622$1,259
13 years$2,447$2,141$1,869$1,628$1,415$1,071
14 years$2,249$1,946$1,679$1,445$1,240$915
15 years$2,077$1,778$1,516$1,288$1,092$785
16 years$1,927$1,631$1,375$1,154$965$675
17 years$1,795$1,502$1,251$1,037$856$583
18 years$1,678$1,388$1,142$934$761$504
19 years$1,573$1,287$1,045$844$678$437
20 years$1,478$1,196$959$765$606$379
21 years$1,393$1,114$882$694$542$330
22 years$1,316$1,040$813$631$486$287
23 years$1,245$972$751$575$436$250
24 years$1,181$911$694$524$392$218
25 years$1,121$855$643$479$353$191
26 years$1,067$803$597$438$318$167
27 years$1,016$756$554$401$286$146
28 years$970$713$515$367$258$127
29 years$926$672$479$337$233$111
30 years$885$635$446$309$211$98
31 years$848$600$416$284$191$85
32 years$812$568$388$261$172$75
33 years$779$538$363$240$156$66
34 years$748$510$339$221$141$57
35 years$719$483$317$203$128$50
36 years$691$459$296$187$116$44
37 years$665$436$277$172$105$39
38 years$640$414$260$159$95$34
39 years$617$394$243$146$86$30
40 years$595$375$228$135$78$26
41 years$574$357$214$125$71$23
42 years$554$340$201$115$65$20
43 years$535$324$188$106$59$18
44 years$517$308$177$98$53$16
45 years$500$294$166$91$48$14
46 years$483$281$156$84$44$12
47 years$468$268$146$77$40$10
48 years$453$256$138$71$36$9
49 years$438$244$129$66$33$8
50 years$425$233$122$61$30$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $435,000, adding $2,816 every year, while hoping to spend $20,691 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: 68/26/6 Blend
56$435,000$435,000$435,000$435,000
57$482,275$459,220$452,477$514,459
58$509,452$459,706$445,620$536,628
59$538,707$459,523$437,840$558,077
60$570,231$458,616$429,084$580,969
61$604,233$456,927$419,296$605,443
62$640,942$454,393$408,420$631,650
63$680,611$450,951$396,394$659,757
64$723,515$446,530$383,156$689,950
65$769,961$441,057$368,638$722,432
66$820,282$434,454$352,773$757,428
67$874,848$426,639$335,488$795,189
68$934,062$417,524$316,706$835,988
69$998,371$407,017$296,350$880,130
70$1,068,263$395,020$274,337$927,950
71$1,144,279$381,428$250,580$979,817
72$1,227,010$366,133$224,989$1,036,141
73$1,317,109$349,018$197,471$1,097,374
74$1,415,295$329,960$167,926$1,164,013
75$1,522,356$308,829$136,252$1,236,609
76$1,639,162$285,488$102,343$1,315,769
77$1,766,671$259,791$66,086$1,402,164
78$1,905,935$231,584$27,364$1,496,534
79$2,058,115$200,707$0$1,599,697
80$2,224,488$166,986$0$1,713,448
81$2,406,458$130,241$0$1,839,818
82$2,605,574$90,280$0$1,978,160
83$2,823,540$46,901$0$2,129,696
84$3,062,232$0$0$2,295,774
85$3,323,719$0$0$2,477,914
86$3,610,274$0$0$2,692,246
87$3,924,406$0$0$2,927,229
88$4,268,875$0$0$3,184,933
89$4,646,721$0$0$3,467,635
90$5,061,293$0$0$3,777,844
91$5,516,281$0$0$4,118,325
92$6,015,748$0$0$4,492,122
93$6,564,170$0$0$4,902,589
94$7,166,478$0$0$5,353,419
95$7,828,103$0$0$5,848,684
96$8,555,029$0$0$6,392,866
97$9,353,848$0$0$6,990,904
98$10,231,822$0$0$7,648,240
99$11,196,952$0$0$8,370,869
100$12,258,052$0$0$9,165,395