Can I retire at age 57 with 535,000?

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 $535,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$44,180$43,786$43,402$43,028$42,662$42,482
2 years$21,871$21,464$21,069$20,686$20,315$20,134
3 years$14,436$14,027$13,633$13,254$12,889$12,711
4 years$10,719$10,311$9,921$9,549$9,192$9,020
5 years$8,490$8,084$7,699$7,334$6,988$6,821
6 years$7,004$6,601$6,222$5,865$5,529$5,369
7 years$5,943$5,544$5,171$4,822$4,497$4,342
8 years$5,147$4,752$4,385$4,045$3,731$3,582
9 years$4,529$4,137$3,777$3,446$3,142$2,999
10 years$4,035$3,647$3,293$2,970$2,677$2,540
11 years$3,631$3,247$2,899$2,585$2,302$2,172
12 years$3,294$2,914$2,573$2,267$1,995$1,870
13 years$3,009$2,633$2,299$2,002$1,740$1,621
14 years$2,766$2,394$2,065$1,777$1,525$1,412
15 years$2,555$2,187$1,865$1,585$1,343$1,235
16 years$2,370$2,006$1,691$1,419$1,187$1,084
17 years$2,208$1,848$1,538$1,275$1,052$955
18 years$2,063$1,707$1,404$1,149$936$843
19 years$1,934$1,582$1,286$1,038$834$746
20 years$1,818$1,470$1,180$940$745$662
21 years$1,714$1,370$1,085$853$667$588
22 years$1,618$1,279$1,000$776$597$523
23 years$1,532$1,196$924$707$536$466
24 years$1,452$1,120$854$644$482$416
25 years$1,379$1,051$791$589$434$371
26 years$1,312$988$734$538$391$332
27 years$1,250$930$681$493$352$297
28 years$1,192$876$633$451$318$266
29 years$1,139$827$589$414$287$238
30 years$1,089$781$549$380$259$213
31 years$1,042$738$512$349$234$191
32 years$999$698$478$321$212$172
33 years$958$661$446$295$192$154
34 years$920$627$417$271$174$138
35 years$884$595$389$250$157$124
36 years$850$564$364$230$143$112
37 years$818$536$341$212$129$100
38 years$787$509$319$195$117$90
39 years$759$484$299$180$106$81
40 years$731$461$280$166$96$73
41 years$706$439$263$153$87$66
42 years$681$418$247$141$79$59
43 years$658$398$231$131$72$53
44 years$636$379$217$121$65$48
45 years$615$362$204$111$59$43
46 years$594$345$192$103$54$39
47 years$575$329$180$95$49$35
48 years$557$314$169$88$44$31
49 years$539$300$159$81$40$28
50 years$522$287$149$75$37$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $535,000, adding $5,206 every year, while hoping to spend $40,153 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: 67/9/24 Blend
56$535,000$535,000$535,000$535,000
57$594,940$566,585$558,292$630,804
58$612,901$551,625$534,273$640,581
59$631,349$534,587$508,103$646,211
60$650,290$515,325$479,668$651,436
61$669,732$493,688$448,848$656,219
62$689,679$469,513$415,520$660,517
63$710,138$442,630$379,551$664,286
64$731,111$412,859$340,805$667,478
65$752,603$380,008$299,141$670,041
66$774,616$343,875$254,409$671,922
67$797,148$304,247$206,454$673,062
68$820,201$260,898$155,113$673,399
69$843,769$213,590$100,217$672,866
70$867,848$162,070$41,589$671,392
71$892,431$106,074$0$668,900
72$917,507$45,320$0$670,681
73$943,064$0$0$682,990
74$969,084$0$0$697,153
75$995,549$0$0$716,114
76$1,022,432$0$0$735,366
77$1,049,706$0$0$754,888
78$1,077,335$0$0$774,653
79$1,105,281$0$0$794,632
80$1,133,495$0$0$814,788
81$1,161,926$0$0$835,083
82$1,190,509$0$0$855,469
83$1,219,175$0$0$875,893
84$1,247,844$0$0$896,295
85$1,276,422$0$0$916,607
86$1,304,806$0$0$936,750
87$1,332,878$0$0$956,638
88$1,360,505$0$0$976,171
89$1,387,538$0$0$995,237
90$1,413,809$0$0$1,013,713
91$1,439,128$0$0$1,031,458
92$1,463,286$0$0$1,048,314
93$1,486,044$0$0$1,064,106
94$1,507,139$0$0$1,078,639
95$1,526,275$0$0$1,091,693
96$1,543,124$0$0$1,103,024
97$1,557,318$0$0$1,112,360
98$1,568,450$0$0$1,119,398
99$1,576,063$0$0$1,123,802
100$1,579,653$0$0$1,125,197