Can I retire at age 57 with 528,000?

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 $528,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$43,602$43,213$42,834$42,465$42,103$40,920
2 years$21,585$21,183$20,793$20,416$20,049$18,866
3 years$14,247$13,843$13,455$13,081$12,720$11,574
4 years$10,579$10,176$9,792$9,424$9,072$7,972
5 years$8,378$7,978$7,599$7,238$6,896$5,845
6 years$6,912$6,515$6,141$5,789$5,457$4,456
7 years$5,865$5,471$5,103$4,759$4,438$3,487
8 years$5,080$4,690$4,328$3,992$3,682$2,780
9 years$4,470$4,083$3,728$3,401$3,101$2,248
10 years$3,982$3,599$3,250$2,931$2,642$1,836
11 years$3,583$3,204$2,861$2,551$2,272$1,513
12 years$3,251$2,876$2,539$2,238$1,969$1,254
13 years$2,970$2,599$2,269$1,976$1,717$1,046
14 years$2,730$2,362$2,038$1,754$1,505$875
15 years$2,521$2,158$1,840$1,564$1,325$735
16 years$2,339$1,980$1,668$1,400$1,171$620
17 years$2,179$1,824$1,518$1,258$1,038$523
18 years$2,036$1,685$1,386$1,134$923$443
19 years$1,909$1,562$1,269$1,025$823$375
20 years$1,795$1,451$1,164$928$735$318
21 years$1,691$1,352$1,071$842$658$271
22 years$1,597$1,262$987$766$590$230
23 years$1,512$1,180$911$697$529$196
24 years$1,433$1,106$843$636$476$167
25 years$1,361$1,038$781$581$428$142
26 years$1,295$975$724$531$386$121
27 years$1,234$918$672$486$348$104
28 years$1,177$865$625$445$314$88
29 years$1,124$816$582$408$283$75
30 years$1,075$770$542$375$256$64
31 years$1,029$728$505$344$231$55
32 years$986$689$471$316$209$47
33 years$946$653$440$291$189$40
34 years$908$619$411$268$172$34
35 years$872$587$384$246$155$29
36 years$839$557$360$227$141$25
37 years$807$529$337$209$128$21
38 years$777$503$315$193$116$18
39 years$749$478$295$178$105$16
40 years$722$455$277$164$95$13
41 years$696$433$260$151$86$11
42 years$672$412$243$140$78$10
43 years$649$393$228$129$71$8
44 years$627$374$214$119$65$7
45 years$606$357$201$110$59$6
46 years$587$341$189$101$53$5
47 years$568$325$178$94$48$4
48 years$549$310$167$87$44$4
49 years$532$296$157$80$40$3
50 years$516$283$148$74$36$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $528,000, adding $5,484 every year, while hoping to spend $29,721 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: 66/19/15 Blend
56$528,000$528,000$528,000$528,000
57$587,513$559,529$551,345$623,840
58$615,816$555,323$538,192$644,592
59$646,010$549,915$523,602$663,295
60$678,257$543,214$507,496$683,000
61$712,733$535,125$489,791$703,804
62$749,632$525,546$470,399$725,816
63$789,167$514,371$449,231$749,153
64$831,571$501,484$426,189$773,950
65$877,101$486,767$401,176$800,351
66$926,037$470,090$374,087$828,521
67$978,689$451,320$344,815$858,641
68$1,035,393$430,313$313,244$890,910
69$1,096,524$406,919$279,258$925,550
70$1,162,488$380,977$242,732$962,809
71$1,233,735$352,318$203,538$1,002,959
72$1,310,759$320,765$161,539$1,046,302
73$1,394,102$286,128$116,596$1,093,174
74$1,484,360$248,207$68,561$1,143,945
75$1,582,187$206,792$17,281$1,199,026
76$1,688,306$161,660$0$1,258,873
77$1,803,507$112,576$0$1,329,982
78$1,928,664$59,291$0$1,410,259
79$2,064,734$1,543$0$1,497,580
80$2,212,773$0$0$1,592,657
81$2,373,941$0$0$1,709,017
82$2,549,515$0$0$1,836,162
83$2,740,901$0$0$1,974,789
84$2,949,646$0$0$2,126,023
85$3,177,451$0$0$2,291,102
86$3,426,191$0$0$2,471,388
87$3,697,929$0$0$2,668,381
88$3,994,935$0$0$2,883,732
89$4,319,710$0$0$3,119,259
90$4,675,007$0$0$3,376,963
91$5,063,857$0$0$3,659,049
92$5,489,598$0$0$3,967,942
93$5,955,905$0$0$4,306,317
94$6,466,825$0$0$4,677,116
95$7,026,818$0$0$5,083,580
96$7,640,791$0$0$5,529,279
97$8,314,153$0$0$6,018,146
98$9,052,858$0$0$6,554,511
99$9,863,468$0$0$7,143,144
100$10,753,207$0$0$7,789,300