Can I retire at age 57 with 442,000?

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 $442,000?

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$36,500$36,175$35,858$35,548$35,246$34,834
2 years$18,069$17,733$17,407$17,090$16,784$16,369
3 years$11,927$11,589$11,263$10,950$10,648$10,244
4 years$8,856$8,519$8,197$7,889$7,594$7,204
5 years$7,014$6,679$6,361$6,059$5,773$5,397
6 years$5,786$5,454$5,141$4,846$4,568$4,207
7 years$4,910$4,580$4,272$3,984$3,715$3,369
8 years$4,253$3,926$3,623$3,342$3,082$2,751
9 years$3,742$3,418$3,120$2,847$2,596$2,279
10 years$3,333$3,013$2,720$2,454$2,212$1,910
11 years$2,999$2,682$2,395$2,136$1,902$1,614
12 years$2,721$2,408$2,126$1,873$1,648$1,375
13 years$2,486$2,176$1,899$1,654$1,437$1,178
14 years$2,285$1,978$1,706$1,468$1,260$1,014
15 years$2,111$1,807$1,541$1,309$1,109$876
16 years$1,958$1,658$1,397$1,172$980$760
17 years$1,824$1,527$1,271$1,053$869$661
18 years$1,705$1,411$1,160$949$773$576
19 years$1,598$1,307$1,062$858$689$503
20 years$1,502$1,215$975$777$615$441
21 years$1,416$1,132$897$705$551$386
22 years$1,337$1,056$826$641$494$339
23 years$1,265$988$763$584$443$298
24 years$1,200$926$706$532$398$262
25 years$1,140$869$654$486$358$231
26 years$1,084$816$606$445$323$203
27 years$1,033$768$563$407$291$179
28 years$985$724$523$373$263$158
29 years$941$683$487$342$237$140
30 years$900$645$454$314$214$124
31 years$861$610$423$288$194$109
32 years$825$577$395$265$175$97
33 years$792$546$368$244$159$85
34 years$760$518$344$224$144$76
35 years$730$491$322$206$130$67
36 years$702$466$301$190$118$59
37 years$675$443$282$175$107$52
38 years$650$421$264$161$97$46
39 years$627$400$247$149$88$41
40 years$604$381$232$137$80$36
41 years$583$362$217$127$72$32
42 years$563$345$204$117$66$29
43 years$543$329$191$108$59$25
44 years$525$313$180$100$54$22
45 years$508$299$169$92$49$20
46 years$491$285$158$85$45$18
47 years$475$272$149$78$40$16
48 years$460$260$140$73$37$14
49 years$445$248$131$67$33$12
50 years$432$237$124$62$30$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $442,000, adding $6,349 every year, while hoping to spend $32,314 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: 34/45/21 Blend
56$442,000$442,000$442,000$442,000
57$493,633$470,207$463,356$507,062
58$509,602$458,865$444,497$506,209
59$526,116$445,885$423,922$501,873
60$543,198$431,151$401,542$496,532
61$560,870$414,543$377,259$490,116
62$579,156$395,933$350,974$482,554
63$598,080$375,184$322,583$473,766
64$617,671$352,155$291,976$463,673
65$637,955$326,692$259,038$452,188
66$658,963$298,636$223,652$439,221
67$680,725$267,817$185,693$424,677
68$703,275$234,057$145,030$408,456
69$726,649$197,165$101,528$390,451
70$750,883$156,942$55,045$370,553
71$776,018$113,177$5,434$348,644
72$802,096$65,647$0$324,602
73$829,161$14,116$0$308,942
74$857,263$0$0$292,876
75$886,453$0$0$295,710
76$916,785$0$0$305,928
77$948,318$0$0$316,559
78$981,115$0$0$327,627
79$1,015,244$0$0$339,155
80$1,050,776$0$0$351,169
81$1,087,790$0$0$363,697
82$1,126,369$0$0$376,770
83$1,166,604$0$0$390,420
84$1,208,590$0$0$404,681
85$1,252,434$0$0$419,591
86$1,298,248$0$0$435,192
87$1,346,153$0$0$451,527
88$1,396,283$0$0$468,645
89$1,448,780$0$0$486,598
90$1,503,799$0$0$505,441
91$1,561,508$0$0$525,236
92$1,622,090$0$0$546,050
93$1,685,742$0$0$567,956
94$1,752,680$0$0$591,031
95$1,823,138$0$0$615,361
96$1,897,370$0$0$641,041
97$1,975,655$0$0$668,172
98$2,058,295$0$0$696,866
99$2,145,619$0$0$727,243
100$2,237,987$0$0$759,436