Can I retire at age 57 with 525,000?

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 $525,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$43,354$42,968$42,591$42,223$41,864$41,256
2 years$21,462$21,063$20,675$20,300$19,935$19,323
3 years$14,166$13,765$13,378$13,006$12,648$12,052
4 years$10,519$10,118$9,736$9,370$9,021$8,445
5 years$8,331$7,933$7,556$7,197$6,857$6,303
6 years$6,873$6,478$6,106$5,756$5,426$4,895
7 years$5,832$5,440$5,074$4,732$4,413$3,904
8 years$5,051$4,663$4,303$3,970$3,661$3,175
9 years$4,444$4,060$3,706$3,381$3,083$2,620
10 years$3,959$3,579$3,231$2,915$2,627$2,186
11 years$3,563$3,186$2,845$2,537$2,259$1,840
12 years$3,232$2,860$2,525$2,225$1,958$1,560
13 years$2,953$2,584$2,256$1,964$1,707$1,330
14 years$2,714$2,349$2,027$1,744$1,496$1,140
15 years$2,507$2,146$1,830$1,555$1,318$980
16 years$2,326$1,969$1,659$1,392$1,165$846
17 years$2,166$1,813$1,510$1,251$1,033$732
18 years$2,025$1,675$1,378$1,127$918$635
19 years$1,898$1,553$1,262$1,019$818$552
20 years$1,784$1,443$1,158$923$731$481
21 years$1,681$1,344$1,065$837$654$419
22 years$1,588$1,255$982$761$586$366
23 years$1,503$1,173$906$693$526$320
24 years$1,425$1,099$838$632$473$280
25 years$1,354$1,032$776$578$426$245
26 years$1,288$970$720$528$383$215
27 years$1,227$913$669$483$346$189
28 years$1,170$860$622$443$312$165
29 years$1,118$811$578$406$282$145
30 years$1,069$766$539$373$255$128
31 years$1,023$724$502$342$230$112
32 years$980$685$469$315$208$99
33 years$940$649$438$289$188$87
34 years$903$615$409$266$171$76
35 years$867$583$382$245$154$67
36 years$834$554$358$226$140$59
37 years$802$526$335$208$127$52
38 years$773$500$313$192$115$46
39 years$744$475$294$177$104$40
40 years$718$452$275$163$95$35
41 years$692$430$258$150$86$31
42 years$668$410$242$139$78$27
43 years$646$391$227$128$71$24
44 years$624$372$213$118$64$21
45 years$603$355$200$109$58$19
46 years$583$339$188$101$53$16
47 years$564$323$177$93$48$15
48 years$546$309$166$86$44$13
49 years$529$295$156$80$40$11
50 years$513$281$147$74$36$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $525,000, adding $6,676 every year, while hoping to spend $25,493 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: 53/17/30 Blend
56$525,000$525,000$525,000$525,000
57$585,436$557,611$549,474$611,234
58$618,026$557,810$540,757$630,065
59$653,086$557,164$530,893$647,431
60$690,841$555,605$519,818$665,834
61$731,538$553,060$507,463$685,384
62$775,448$549,453$493,756$706,205
63$822,869$544,702$478,623$728,433
64$874,130$538,721$461,985$752,219
65$929,590$531,417$443,760$777,733
66$989,645$522,694$423,863$805,161
67$1,054,732$512,448$402,205$834,712
68$1,125,327$500,571$378,692$866,618
69$1,201,958$486,946$353,225$901,134
70$1,285,204$471,453$325,704$938,546
71$1,375,700$453,960$296,022$979,168
72$1,474,149$434,331$264,066$1,023,353
73$1,581,321$412,422$229,721$1,071,487
74$1,698,064$388,079$192,864$1,124,002
75$1,825,311$361,139$153,370$1,181,375
76$1,964,090$331,432$111,105$1,244,133
77$2,115,531$298,776$65,931$1,312,862
78$2,280,879$262,980$17,703$1,388,210
79$2,461,503$223,841$0$1,470,894
80$2,658,913$181,145$0$1,572,517
81$2,874,767$134,667$0$1,689,899
82$3,110,896$84,168$0$1,818,392
83$3,369,310$29,395$0$1,959,127
84$3,652,228$0$0$2,113,350
85$3,962,090$0$0$2,288,033
86$4,301,584$0$0$2,485,497
87$4,673,669$0$0$2,701,970
88$5,081,608$0$0$2,939,357
89$5,528,989$0$0$3,199,754
90$6,019,769$0$0$3,485,469
91$6,558,304$0$0$3,799,047
92$7,149,391$0$0$4,143,288
93$7,798,316$0$0$4,521,279
94$8,510,902$0$0$4,936,420
95$9,293,563$0$0$5,392,455
96$10,153,362$0$0$5,893,510
97$11,098,085$0$0$6,444,130
98$12,136,306$0$0$7,049,322
99$13,277,471$0$0$7,714,603
100$14,531,988$0$0$8,446,048