Can I retire at age 57 with 467,000?

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 $467,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$38,564$38,221$37,886$37,559$37,239$36,532
2 years$19,091$18,736$18,391$18,057$17,733$17,023
3 years$12,601$12,244$11,900$11,569$11,251$10,561
4 years$9,357$9,001$8,660$8,335$8,024$7,359
5 years$7,410$7,057$6,721$6,402$6,100$5,461
6 years$6,113$5,762$5,431$5,120$4,826$4,216
7 years$5,187$4,839$4,514$4,209$3,925$3,342
8 years$4,493$4,148$3,828$3,531$3,256$2,701
9 years$3,953$3,612$3,297$3,008$2,742$2,214
10 years$3,522$3,183$2,874$2,593$2,337$1,835
11 years$3,169$2,834$2,531$2,256$2,010$1,534
12 years$2,875$2,544$2,246$1,979$1,741$1,291
13 years$2,627$2,299$2,006$1,747$1,519$1,093
14 years$2,414$2,089$1,803$1,551$1,331$929
15 years$2,230$1,909$1,628$1,383$1,172$793
16 years$2,069$1,751$1,476$1,239$1,036$679
17 years$1,927$1,613$1,343$1,113$918$583
18 years$1,801$1,490$1,226$1,003$817$502
19 years$1,688$1,381$1,122$906$728$433
20 years$1,587$1,284$1,030$821$650$374
21 years$1,496$1,196$947$745$582$323
22 years$1,413$1,116$873$677$522$280
23 years$1,337$1,044$806$617$468$243
24 years$1,268$978$746$563$421$211
25 years$1,204$918$691$514$379$183
26 years$1,145$863$640$470$341$159
27 years$1,091$812$595$430$308$138
28 years$1,041$765$553$394$277$120
29 years$994$722$514$361$251$104
30 years$951$681$479$332$226$91
31 years$910$644$447$304$205$79
32 years$872$610$417$280$185$69
33 years$836$577$389$257$168$60
34 years$803$547$364$237$152$52
35 years$771$519$340$218$137$46
36 years$742$493$318$201$124$40
37 years$714$468$298$185$113$35
38 years$687$445$279$170$102$30
39 years$662$423$261$157$93$26
40 years$638$402$245$145$84$23
41 years$616$383$230$134$76$20
42 years$595$365$215$123$69$17
43 years$574$347$202$114$63$15
44 years$555$331$190$105$57$13
45 years$536$316$178$97$52$12
46 years$519$301$167$90$47$10
47 years$502$287$157$83$43$9
48 years$486$274$148$77$39$8
49 years$471$262$139$71$35$7
50 years$456$250$130$65$32$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $467,000, adding $2,197 every year, while hoping to spend $29,709 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: 37/35/28 Blend
56$467,000$467,000$467,000$467,000
57$516,900$492,149$484,911$531,631
58$538,014$484,654$469,545$535,219
59$560,285$475,797$452,669$536,228
60$583,802$465,478$434,200$536,750
61$608,657$453,594$414,054$536,759
62$634,955$440,035$392,139$536,232
63$662,808$424,684$368,364$535,145
64$692,339$407,418$342,629$533,475
65$723,683$388,107$314,832$531,198
66$756,987$366,613$284,867$528,294
67$792,412$342,789$252,623$524,743
68$830,134$316,481$217,981$520,525
69$870,345$287,527$180,822$515,624
70$913,258$255,753$141,017$510,027
71$959,103$220,978$98,434$503,722
72$1,008,135$183,009$52,934$496,703
73$1,060,630$141,642$4,373$488,966
74$1,116,894$96,662$0$480,512
75$1,177,262$47,843$0$485,527
76$1,242,100$0$0$492,163
77$1,311,812$0$0$501,130
78$1,386,839$0$0$530,658
79$1,467,668$0$0$562,519
80$1,554,831$0$0$596,928
81$1,648,915$0$0$634,123
82$1,750,564$0$0$674,366
83$1,860,485$0$0$717,943
84$1,979,455$0$0$765,172
85$2,108,331$0$0$816,399
86$2,248,051$0$0$872,006
87$2,399,650$0$0$932,413
88$2,564,264$0$0$998,083
89$2,743,144$0$0$1,069,525
90$2,937,666$0$0$1,147,297
91$3,149,343$0$0$1,232,015
92$3,379,839$0$0$1,324,356
93$3,630,989$0$0$1,425,067
94$3,904,807$0$0$1,534,968
95$4,203,514$0$0$1,654,961
96$4,529,551$0$0$1,786,042
97$4,885,609$0$0$1,929,305
98$5,274,648$0$0$2,085,954
99$5,699,925$0$0$2,257,318
100$6,165,030$0$0$2,444,857