Can I retire at age 57 with 526,000?

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 $526,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$43,437$43,050$42,672$42,304$41,944$41,541
2 years$21,503$21,103$20,715$20,338$19,973$19,567
3 years$14,193$13,791$13,404$13,031$12,672$12,275
4 years$10,539$10,138$9,755$9,388$9,038$8,654
5 years$8,347$7,948$7,570$7,211$6,870$6,500
6 years$6,886$6,490$6,118$5,767$5,436$5,080
7 years$5,843$5,451$5,084$4,741$4,421$4,080
8 years$5,061$4,672$4,311$3,977$3,668$3,341
9 years$4,453$4,068$3,713$3,388$3,089$2,776
10 years$3,967$3,586$3,237$2,920$2,632$2,333
11 years$3,570$3,192$2,850$2,541$2,263$1,979
12 years$3,239$2,865$2,529$2,229$1,961$1,690
13 years$2,959$2,589$2,260$1,968$1,710$1,452
14 years$2,719$2,353$2,031$1,747$1,499$1,254
15 years$2,512$2,150$1,833$1,558$1,320$1,088
16 years$2,330$1,973$1,662$1,395$1,167$946
17 years$2,171$1,817$1,513$1,253$1,035$826
18 years$2,029$1,679$1,381$1,130$920$723
19 years$1,902$1,556$1,264$1,021$820$634
20 years$1,788$1,446$1,160$924$732$557
21 years$1,685$1,347$1,067$839$655$490
22 years$1,591$1,257$983$763$587$432
23 years$1,506$1,176$908$695$527$381
24 years$1,428$1,102$840$634$474$336
25 years$1,356$1,034$778$579$426$297
26 years$1,290$972$721$529$384$263
27 years$1,229$914$670$484$346$233
28 years$1,172$862$623$444$313$207
29 years$1,120$813$579$407$282$183
30 years$1,071$768$540$373$255$162
31 years$1,025$726$503$343$231$144
32 years$982$687$469$315$209$128
33 years$942$650$438$290$189$114
34 years$904$616$410$267$171$101
35 years$869$584$383$245$155$90
36 years$835$555$358$226$140$80
37 years$804$527$335$208$127$71
38 years$774$501$314$192$115$63
39 years$746$476$294$177$104$56
40 years$719$453$276$163$95$50
41 years$694$431$259$151$86$44
42 years$670$411$243$139$78$39
43 years$647$391$228$128$71$35
44 years$625$373$214$119$64$31
45 years$604$356$201$109$58$28
46 years$584$339$188$101$53$25
47 years$565$324$177$93$48$22
48 years$547$309$166$86$44$20
49 years$530$295$156$80$40$17
50 years$514$282$147$74$36$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $526,000, adding $2,883 every year, while hoping to spend $48,091 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: 60/20/20 Blend
56$526,000$526,000$526,000$526,000
57$582,626$554,748$546,595$614,368
58$590,885$530,762$513,737$612,212
59$598,375$503,989$478,167$604,321
60$604,967$474,242$439,743$594,625
61$610,515$441,322$398,317$582,958
62$614,861$405,020$353,733$569,137
63$617,826$365,114$305,832$552,966
64$619,210$321,371$254,444$534,228
65$618,795$273,543$199,393$512,691
66$616,334$221,369$140,495$488,099
67$611,557$164,573$77,558$460,176
68$604,161$102,863$10,382$428,620
69$593,814$35,931$0$393,101
70$580,144$0$0$366,346
71$562,741$0$0$346,140
72$541,150$0$0$331,047
73$514,869$0$0$312,827
74$483,342$0$0$291,111
75$445,950$0$0$265,491
76$402,014$0$0$235,515
77$350,780$0$0$200,685
78$291,415$0$0$160,448
79$222,997$0$0$114,195
80$144,509$0$0$61,251
81$54,826$0$0$872
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
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