Can I retire at age 57 with 521,000?

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 $521,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$43,024$42,640$42,267$41,902$41,545$41,266
2 years$21,299$20,902$20,518$20,145$19,783$19,502
3 years$14,058$13,660$13,276$12,907$12,551$12,276
4 years$10,439$10,041$9,662$9,299$8,952$8,685
5 years$8,267$7,873$7,498$7,142$6,805$6,548
6 years$6,820$6,429$6,059$5,712$5,385$5,137
7 years$5,787$5,399$5,035$4,696$4,379$4,141
8 years$5,013$4,628$4,270$3,939$3,633$3,404
9 years$4,411$4,029$3,678$3,355$3,059$2,841
10 years$3,929$3,552$3,207$2,892$2,607$2,397
11 years$3,536$3,162$2,823$2,517$2,242$2,042
12 years$3,208$2,838$2,505$2,208$1,943$1,752
13 years$2,931$2,565$2,238$1,949$1,694$1,512
14 years$2,693$2,331$2,011$1,730$1,485$1,312
15 years$2,488$2,130$1,816$1,543$1,308$1,143
16 years$2,308$1,954$1,646$1,382$1,156$999
17 years$2,150$1,799$1,498$1,242$1,025$877
18 years$2,009$1,663$1,368$1,119$911$771
19 years$1,884$1,541$1,252$1,011$812$679
20 years$1,771$1,432$1,149$916$725$600
21 years$1,669$1,334$1,057$831$649$531
22 years$1,576$1,245$974$756$582$470
23 years$1,492$1,164$899$688$522$417
24 years$1,414$1,091$832$628$469$370
25 years$1,343$1,024$770$573$422$329
26 years$1,278$962$714$524$381$293
27 years$1,217$906$663$480$343$261
28 years$1,161$853$617$440$310$232
29 years$1,109$805$574$403$280$207
30 years$1,061$760$535$370$253$185
31 years$1,015$719$498$340$228$165
32 years$973$680$465$312$207$147
33 years$933$644$434$287$187$131
34 years$896$610$406$264$169$117
35 years$861$579$379$243$153$105
36 years$827$550$355$224$139$94
37 years$796$522$332$206$126$84
38 years$767$496$311$190$114$75
39 years$739$472$291$175$103$67
40 years$712$449$273$162$94$60
41 years$687$427$256$149$85$54
42 years$663$407$240$138$77$48
43 years$641$388$225$127$70$43
44 years$619$369$212$117$64$39
45 years$598$352$199$108$58$35
46 years$579$336$187$100$52$31
47 years$560$321$175$93$48$28
48 years$542$306$165$85$43$25
49 years$525$292$155$79$39$22
50 years$509$279$146$73$36$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $521,000, adding $3,601 every year, while hoping to spend $24,289 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: 44/31/25 Blend
56$521,000$521,000$521,000$521,000
57$577,856$550,243$542,168$598,953
58$610,954$551,362$534,487$615,404
59$646,614$551,721$525,735$630,606
60$685,072$551,259$515,850$646,606
61$726,586$549,907$504,768$663,492
62$771,441$547,596$492,421$681,361
63$819,950$544,250$478,739$700,322
64$872,456$539,789$463,648$720,496
65$929,337$534,129$447,071$742,020
66$991,009$527,181$428,926$765,045
67$1,057,927$518,849$409,131$789,740
68$1,130,596$509,032$387,597$816,293
69$1,209,566$497,624$364,231$844,913
70$1,295,446$484,512$338,937$875,834
71$1,388,905$469,576$311,615$909,315
72$1,490,678$452,691$282,159$945,644
73$1,601,576$433,721$250,460$985,143
74$1,722,489$412,526$216,402$1,028,168
75$1,854,398$388,954$179,867$1,075,114
76$1,998,382$362,849$140,728$1,126,422
77$2,155,630$334,042$98,856$1,182,580
78$2,327,450$302,355$54,113$1,244,128
79$2,515,282$267,603$6,358$1,311,667
80$2,720,711$229,586$0$1,385,864
81$2,945,484$188,095$0$1,479,356
82$3,191,522$142,911$0$1,583,646
83$3,460,942$93,798$0$1,697,986
84$3,756,076$40,512$0$1,823,426
85$4,079,490$0$0$1,961,127
86$4,434,011$0$0$2,118,239
87$4,822,753$0$0$2,305,733
88$5,249,146$0$0$2,511,451
89$5,716,967$0$0$2,737,225
90$6,230,377$0$0$2,985,071
91$6,793,958$0$0$3,257,209
92$7,412,760$0$0$3,556,086
93$8,092,342$0$0$3,884,398
94$8,838,831$0$0$4,245,114
95$9,658,976$0$0$4,641,505
96$10,560,211$0$0$5,077,175
97$11,550,726$0$0$5,556,093
98$12,639,545$0$0$6,082,634
99$13,836,610$0$0$6,661,617
100$15,152,871$0$0$7,298,350