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%16.3%
1 years$43,024$42,640$42,267$41,902$41,545$40,475
2 years$21,299$20,902$20,518$20,145$19,783$18,713
3 years$14,058$13,660$13,276$12,907$12,551$11,513
4 years$10,439$10,041$9,662$9,299$8,952$7,954
5 years$8,267$7,873$7,498$7,142$6,805$5,851
6 years$6,820$6,429$6,059$5,712$5,385$4,475
7 years$5,787$5,399$5,035$4,696$4,379$3,513
8 years$5,013$4,628$4,270$3,939$3,633$2,811
9 years$4,411$4,029$3,678$3,355$3,059$2,281
10 years$3,929$3,552$3,207$2,892$2,607$1,871
11 years$3,536$3,162$2,823$2,517$2,242$1,547
12 years$3,208$2,838$2,505$2,208$1,943$1,288
13 years$2,931$2,565$2,238$1,949$1,694$1,078
14 years$2,693$2,331$2,011$1,730$1,485$906
15 years$2,488$2,130$1,816$1,543$1,308$764
16 years$2,308$1,954$1,646$1,382$1,156$647
17 years$2,150$1,799$1,498$1,242$1,025$549
18 years$2,009$1,663$1,368$1,119$911$466
19 years$1,884$1,541$1,252$1,011$812$397
20 years$1,771$1,432$1,149$916$725$338
21 years$1,669$1,334$1,057$831$649$289
22 years$1,576$1,245$974$756$582$247
23 years$1,492$1,164$899$688$522$211
24 years$1,414$1,091$832$628$469$181
25 years$1,343$1,024$770$573$422$155
26 years$1,278$962$714$524$381$133
27 years$1,217$906$663$480$343$114
28 years$1,161$853$617$440$310$98
29 years$1,109$805$574$403$280$84
30 years$1,061$760$535$370$253$72
31 years$1,015$719$498$340$228$62
32 years$973$680$465$312$207$53
33 years$933$644$434$287$187$46
34 years$896$610$406$264$169$39
35 years$861$579$379$243$153$34
36 years$827$550$355$224$139$29
37 years$796$522$332$206$126$25
38 years$767$496$311$190$114$21
39 years$739$472$291$175$103$18
40 years$712$449$273$162$94$16
41 years$687$427$256$149$85$14
42 years$663$407$240$138$77$12
43 years$641$388$225$127$70$10
44 years$619$369$212$117$64$9
45 years$598$352$199$108$58$7
46 years$579$336$187$100$52$6
47 years$560$321$175$93$48$5
48 years$542$306$165$85$43$5
49 years$525$292$155$79$39$4
50 years$509$279$146$73$36$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $521,000, adding $4,844 every year, while hoping to spend $21,372 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: 67/8/25 Blend
56$521,000$521,000$521,000$521,000
57$579,139$551,526$543,450$613,896
58$615,471$555,811$538,916$642,147
59$654,793$559,589$533,514$670,159
60$697,387$562,815$527,192$700,304
61$743,564$565,436$519,896$732,795
62$793,664$567,399$511,569$767,863
63$848,064$568,647$502,153$805,765
64$907,176$569,121$491,584$846,787
65$971,455$568,754$479,799$891,240
66$1,041,400$567,480$466,729$939,471
67$1,117,562$565,225$452,303$991,862
68$1,200,545$561,913$436,447$1,048,833
69$1,291,015$557,462$419,083$1,110,850
70$1,389,707$551,785$400,130$1,178,426
71$1,497,425$544,791$379,503$1,252,126
72$1,615,059$536,382$357,113$1,332,575
73$1,743,585$526,455$332,866$1,420,463
74$1,884,081$514,902$306,667$1,516,550
75$2,037,730$501,605$278,414$1,621,674
76$2,205,839$486,444$248,001$1,736,763
77$2,389,842$469,287$215,317$1,862,837
78$2,591,323$449,999$180,247$2,001,022
79$2,812,023$428,434$142,670$2,152,562
80$3,053,860$404,438$102,460$2,318,828
81$3,318,947$377,850$59,487$2,501,333
82$3,609,612$348,496$13,611$2,701,743
83$3,928,417$316,197$0$2,921,901
84$4,278,184$280,759$0$3,173,263
85$4,662,023$241,981$0$3,453,128
86$5,083,359$199,648$0$3,760,370
87$5,545,964$153,533$0$4,097,757
88$6,053,995$103,398$0$4,468,335
89$6,612,028$48,990$0$4,875,465
90$7,225,107$0$0$5,322,846
91$7,898,787$0$0$5,815,433
92$8,639,190$0$0$6,361,580
93$9,453,058$0$0$6,961,953
94$10,347,819$0$0$7,622,036
95$11,331,658$0$0$8,347,872
96$12,413,593$0$0$9,146,117
97$13,603,556$0$0$10,024,105
98$14,912,496$0$0$10,989,919
99$16,352,470$0$0$12,052,462
100$17,936,767$0$0$13,221,543