Can I retire at age 57 with 475,000?

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 $475,000?

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$39,225$38,876$38,535$38,202$37,877$37,234
2 years$19,418$19,057$18,706$18,366$18,037$17,391
3 years$12,817$12,454$12,104$11,768$11,443$10,815
4 years$9,517$9,155$8,809$8,478$8,161$7,555
5 years$7,537$7,178$6,836$6,512$6,204$5,622
6 years$6,218$5,861$5,524$5,208$4,909$4,351
7 years$5,276$4,922$4,591$4,281$3,992$3,459
8 years$4,570$4,219$3,893$3,592$3,312$2,804
9 years$4,021$3,673$3,353$3,059$2,789$2,305
10 years$3,582$3,238$2,924$2,637$2,377$1,916
11 years$3,223$2,883$2,574$2,295$2,044$1,607
12 years$2,925$2,587$2,284$2,013$1,771$1,357
13 years$2,672$2,338$2,041$1,777$1,545$1,152
14 years$2,456$2,125$1,834$1,578$1,354$983
15 years$2,268$1,941$1,656$1,407$1,192$842
16 years$2,104$1,781$1,501$1,260$1,054$724
17 years$1,960$1,640$1,366$1,132$934$624
18 years$1,832$1,516$1,247$1,020$831$539
19 years$1,717$1,405$1,141$922$740$466
20 years$1,614$1,306$1,048$835$661$404
21 years$1,521$1,216$964$758$592$351
22 years$1,437$1,135$888$689$530$305
23 years$1,360$1,062$820$627$476$265
24 years$1,289$995$758$572$428$231
25 years$1,225$933$702$523$385$202
26 years$1,165$877$651$478$347$176
27 years$1,110$826$605$437$313$153
28 years$1,059$778$562$401$282$134
29 years$1,011$734$523$367$255$117
30 years$967$693$487$337$230$102
31 years$926$655$454$310$208$89
32 years$887$620$424$285$188$78
33 years$851$587$396$262$170$68
34 years$817$556$370$241$154$60
35 years$785$528$346$222$140$52
36 years$754$501$323$204$127$46
37 years$726$476$303$188$115$40
38 years$699$452$284$173$104$35
39 years$674$430$266$160$94$31
40 years$649$409$249$147$86$27
41 years$626$389$233$136$78$24
42 years$605$371$219$126$70$21
43 years$584$353$206$116$64$18
44 years$564$337$193$107$58$16
45 years$546$321$181$99$53$14
46 years$528$306$170$91$48$12
47 years$511$292$160$84$43$11
48 years$494$279$150$78$39$9
49 years$479$267$141$72$36$8
50 years$464$255$133$67$33$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $475,000, adding $3,675 every year, while hoping to spend $38,359 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: 52/20/28 Blend
56$475,000$475,000$475,000$475,000
57$527,241$502,066$494,703$550,347
58$540,206$485,853$470,462$550,581
59$553,207$467,561$444,123$546,665
60$566,209$447,046$415,576$541,646
61$579,169$424,158$384,704$535,436
62$592,040$398,737$351,388$527,939
63$604,768$370,616$315,499$519,053
64$617,294$339,615$276,908$508,667
65$629,548$305,546$235,474$496,664
66$641,455$268,211$191,056$482,915
67$652,928$227,399$143,502$467,285
68$663,873$182,887$92,655$449,627
69$674,181$134,441$38,351$429,782
70$683,731$81,813$0$407,580
71$692,391$24,741$0$388,694
72$700,010$0$0$379,678
73$706,421$0$0$377,060
74$711,440$0$0$379,061
75$714,858$0$0$380,119
76$716,447$0$0$380,099
77$715,951$0$0$378,856
78$713,087$0$0$376,225
79$707,540$0$0$372,026
80$698,962$0$0$366,057
81$686,965$0$0$358,096
82$671,121$0$0$347,897
83$650,954$0$0$335,185
84$625,939$0$0$319,658
85$595,492$0$0$300,982
86$558,970$0$0$278,785
87$515,659$0$0$252,658
88$464,770$0$0$222,147
89$405,431$0$0$186,752
90$336,676$0$0$145,917
91$257,440$0$0$99,031
92$166,544$0$0$45,416
93$62,687$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