Can I retire at age 57 with 472,000?

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 $472,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$38,977$38,630$38,291$37,961$37,638$37,075
2 years$19,296$18,936$18,588$18,250$17,923$17,357
3 years$12,736$12,375$12,028$11,693$11,371$10,820
4 years$9,457$9,097$8,753$8,424$8,110$7,578
5 years$7,490$7,132$6,793$6,471$6,165$5,654
6 years$6,179$5,824$5,490$5,175$4,878$4,388
7 years$5,243$4,891$4,562$4,254$3,967$3,498
8 years$4,541$4,192$3,869$3,569$3,291$2,843
9 years$3,996$3,650$3,332$3,040$2,772$2,344
10 years$3,560$3,218$2,905$2,620$2,362$1,955
11 years$3,203$2,864$2,558$2,281$2,031$1,645
12 years$2,906$2,571$2,270$2,000$1,760$1,393
13 years$2,655$2,323$2,028$1,766$1,535$1,187
14 years$2,440$2,112$1,822$1,568$1,345$1,016
15 years$2,254$1,929$1,645$1,398$1,185$874
16 years$2,091$1,770$1,492$1,252$1,047$753
17 years$1,948$1,630$1,357$1,125$928$652
18 years$1,820$1,506$1,239$1,014$825$565
19 years$1,706$1,396$1,134$916$736$491
20 years$1,604$1,297$1,041$830$657$427
21 years$1,512$1,208$957$753$588$372
22 years$1,428$1,128$882$685$527$325
23 years$1,351$1,055$815$623$473$284
24 years$1,281$988$754$569$425$248
25 years$1,217$928$698$519$383$217
26 years$1,158$872$647$475$345$190
27 years$1,103$820$601$435$311$167
28 years$1,052$773$559$398$280$146
29 years$1,005$729$520$365$253$128
30 years$961$689$484$335$229$112
31 years$920$651$452$308$207$99
32 years$881$616$421$283$187$87
33 years$845$583$393$260$169$76
34 years$811$553$368$239$153$67
35 years$780$524$344$220$139$59
36 years$750$498$321$203$126$52
37 years$721$473$301$187$114$45
38 years$695$449$282$172$103$40
39 years$669$427$264$159$94$35
40 years$645$407$247$147$85$31
41 years$623$387$232$135$77$27
42 years$601$369$218$125$70$24
43 years$580$351$204$115$64$21
44 years$561$335$192$106$58$19
45 years$542$319$180$98$52$16
46 years$524$304$169$91$48$14
47 years$507$291$159$84$43$13
48 years$491$277$149$77$39$11
49 years$476$265$140$72$36$10
50 years$461$253$132$66$32$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $472,000, adding $5,258 every year, while hoping to spend $39,488 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: 76/17/7 Blend
56$472,000$472,000$472,000$472,000
57$525,568$500,552$493,236$564,642
58$537,161$483,064$467,744$573,572
59$548,613$463,395$440,075$577,771
60$559,868$441,398$410,114$581,227
61$570,862$416,915$377,741$583,852
62$581,526$389,780$342,831$585,546
63$591,779$359,816$305,254$586,204
64$601,533$326,839$264,872$585,706
65$610,687$290,652$221,543$583,926
66$619,130$251,048$175,118$580,721
67$626,739$207,807$125,442$575,938
68$633,374$160,697$72,352$569,408
69$638,881$109,474$15,679$560,945
70$643,089$53,880$0$550,346
71$645,805$0$0$540,737
72$646,818$0$0$531,184
73$645,891$0$0$530,076
74$642,762$0$0$527,113
75$637,140$0$0$522,051
76$628,702$0$0$514,620
77$617,091$0$0$504,520
78$601,909$0$0$491,417
79$582,718$0$0$474,945
80$559,032$0$0$454,694
81$530,310$0$0$430,214
82$495,959$0$0$401,005
83$455,317$0$0$366,514
84$407,656$0$0$326,131
85$352,170$0$0$279,178
86$287,967$0$0$224,909
87$214,060$0$0$162,499
88$129,362$0$0$91,034
89$32,669$0$0$9,507
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0