Can I retire at age 57 with 536,000?

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 $536,000?

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$44,262$43,868$43,483$43,108$42,741$42,120
2 years$21,912$21,504$21,108$20,725$20,353$19,728
3 years$14,463$14,053$13,659$13,279$12,913$12,304
4 years$10,739$10,331$9,940$9,567$9,210$8,622
5 years$8,505$8,099$7,714$7,348$7,001$6,436
6 years$7,017$6,614$6,234$5,876$5,540$4,997
7 years$5,954$5,554$5,180$4,831$4,505$3,986
8 years$5,157$4,761$4,393$4,053$3,737$3,242
9 years$4,538$4,145$3,784$3,452$3,147$2,675
10 years$4,042$3,654$3,299$2,976$2,682$2,232
11 years$3,637$3,253$2,904$2,590$2,306$1,879
12 years$3,300$2,920$2,578$2,272$1,999$1,593
13 years$3,015$2,638$2,303$2,005$1,743$1,358
14 years$2,771$2,398$2,069$1,780$1,528$1,163
15 years$2,559$2,191$1,868$1,588$1,345$1,001
16 years$2,375$2,010$1,694$1,422$1,189$864
17 years$2,212$1,851$1,541$1,277$1,054$747
18 years$2,067$1,711$1,407$1,151$937$648
19 years$1,938$1,585$1,288$1,040$835$564
20 years$1,822$1,473$1,182$942$746$491
21 years$1,717$1,372$1,087$855$668$428
22 years$1,621$1,281$1,002$777$599$374
23 years$1,534$1,198$925$708$537$327
24 years$1,455$1,122$856$646$483$286
25 years$1,382$1,053$793$590$435$250
26 years$1,315$990$735$539$391$219
27 years$1,252$932$683$494$353$192
28 years$1,195$878$635$452$318$169
29 years$1,141$828$590$415$288$148
30 years$1,091$782$550$381$260$130
31 years$1,044$739$513$349$235$114
32 years$1,001$700$478$321$212$101
33 years$960$663$447$295$192$88
34 years$921$628$417$272$174$78
35 years$885$596$390$250$158$68
36 years$851$565$365$230$143$60
37 years$819$537$342$212$130$53
38 years$789$510$320$196$117$47
39 years$760$485$300$180$106$41
40 years$733$462$281$166$97$36
41 years$707$439$263$154$88$32
42 years$682$419$247$142$79$28
43 years$659$399$232$131$72$25
44 years$637$380$218$121$65$22
45 years$616$362$204$112$59$19
46 years$595$346$192$103$54$17
47 years$576$330$180$95$49$15
48 years$558$315$169$88$45$13
49 years$540$301$159$81$40$12
50 years$523$287$150$75$37$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $536,000, adding $4,853 every year, while hoping to spend $28,234 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: 72/16/12 Blend
56$536,000$536,000$536,000$536,000
57$595,678$567,270$558,962$636,741
58$626,396$565,025$547,646$662,323
59$659,302$561,725$535,005$686,391
60$694,587$557,286$520,965$711,985
61$732,465$551,623$505,447$739,249
62$773,168$544,644$488,371$768,344
63$816,951$536,252$469,652$799,445
64$864,096$526,343$449,200$832,746
65$914,909$514,809$426,924$868,462
66$969,729$501,535$402,726$906,830
67$1,028,928$486,397$376,504$948,111
68$1,092,915$469,266$348,153$992,596
69$1,162,138$450,006$317,561$1,040,604
70$1,237,091$428,471$284,614$1,092,487
71$1,318,315$404,507$249,190$1,148,636
72$1,406,409$377,954$211,164$1,209,481
73$1,502,027$348,638$170,402$1,275,498
74$1,605,892$316,379$126,768$1,347,211
75$1,718,796$280,985$80,119$1,425,200
76$1,841,614$242,253$30,303$1,510,106
77$1,975,305$199,970$0$1,602,636
78$2,120,927$153,910$0$1,706,498
79$2,279,643$103,832$0$1,823,956
80$2,452,732$49,486$0$1,952,100
81$2,641,605$0$0$2,092,004
82$2,847,811$0$0$2,246,505
83$3,073,059$0$0$2,424,814
84$3,319,227$0$0$2,619,709
85$3,588,385$0$0$2,832,832
86$3,882,811$0$0$3,065,990
87$4,205,013$0$0$3,321,172
88$4,557,753$0$0$3,600,570
89$4,944,074$0$0$3,906,597
90$5,367,325$0$0$4,241,910
91$5,831,194$0$0$4,609,435
92$6,339,745$0$0$5,012,395
93$6,897,451$0$0$5,454,340
94$7,509,242$0$0$5,939,181
95$8,180,545$0$0$6,471,223
96$8,917,340$0$0$7,055,209
97$9,726,212$0$0$7,696,366
98$10,614,419$0$0$8,400,449
99$11,589,950$0$0$9,173,799
100$12,661,610$0$0$10,023,400