Can I retire at age 57 with 536,000?

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 $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%17.5%
1 years$44,262$43,868$43,483$43,108$42,741$41,440
2 years$21,912$21,504$21,108$20,725$20,353$19,053
3 years$14,463$14,053$13,659$13,279$12,913$11,655
4 years$10,739$10,331$9,940$9,567$9,210$8,003
5 years$8,505$8,099$7,714$7,348$7,001$5,850
6 years$7,017$6,614$6,234$5,876$5,540$4,445
7 years$5,954$5,554$5,180$4,831$4,505$3,466
8 years$5,157$4,761$4,393$4,053$3,737$2,754
9 years$4,538$4,145$3,784$3,452$3,147$2,218
10 years$4,042$3,654$3,299$2,976$2,682$1,806
11 years$3,637$3,253$2,904$2,590$2,306$1,482
12 years$3,300$2,920$2,578$2,272$1,999$1,224
13 years$3,015$2,638$2,303$2,005$1,743$1,016
14 years$2,771$2,398$2,069$1,780$1,528$847
15 years$2,559$2,191$1,868$1,588$1,345$709
16 years$2,375$2,010$1,694$1,422$1,189$594
17 years$2,212$1,851$1,541$1,277$1,054$500
18 years$2,067$1,711$1,407$1,151$937$421
19 years$1,938$1,585$1,288$1,040$835$355
20 years$1,822$1,473$1,182$942$746$300
21 years$1,717$1,372$1,087$855$668$254
22 years$1,621$1,281$1,002$777$599$215
23 years$1,534$1,198$925$708$537$182
24 years$1,455$1,122$856$646$483$154
25 years$1,382$1,053$793$590$435$131
26 years$1,315$990$735$539$391$111
27 years$1,252$932$683$494$353$94
28 years$1,195$878$635$452$318$80
29 years$1,141$828$590$415$288$68
30 years$1,091$782$550$381$260$58
31 years$1,044$739$513$349$235$49
32 years$1,001$700$478$321$212$42
33 years$960$663$447$295$192$36
34 years$921$628$417$272$174$30
35 years$885$596$390$250$158$26
36 years$851$565$365$230$143$22
37 years$819$537$342$212$130$19
38 years$789$510$320$196$117$16
39 years$760$485$300$180$106$13
40 years$733$462$281$166$97$11
41 years$707$439$263$154$88$10
42 years$682$419$247$142$79$8
43 years$659$399$232$131$72$7
44 years$637$380$218$121$65$6
45 years$616$362$204$112$59$5
46 years$595$346$192$103$54$4
47 years$576$330$180$95$49$4
48 years$558$315$169$88$45$3
49 years$540$301$159$81$40$3
50 years$523$287$150$75$37$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $536,000, adding $5,746 every year, while hoping to spend $38,518 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: 37/34/29 Blend
56$536,000$536,000$536,000$536,000
57$596,599$568,191$559,883$613,334
58$616,469$555,050$537,656$613,094
59$637,075$539,973$513,394$608,930
60$658,452$522,826$486,987$603,701
61$680,635$503,466$458,322$597,338
62$703,663$481,740$427,280$589,766
63$727,580$457,488$393,737$580,908
64$752,428$430,540$357,562$570,683
65$778,256$400,716$318,621$559,006
66$805,114$367,828$276,771$545,787
67$833,058$331,673$231,864$530,932
68$862,145$292,040$183,747$514,345
69$892,438$248,705$132,257$495,921
70$924,006$201,430$77,226$475,554
71$956,920$149,966$18,479$453,133
72$991,260$94,048$0$428,538
73$1,027,109$33,398$0$415,330
74$1,064,560$0$0$406,691
75$1,103,710$0$0$408,903
76$1,144,666$0$0$424,307
77$1,187,543$0$0$440,454
78$1,232,467$0$0$457,393
79$1,279,573$0$0$475,178
80$1,329,007$0$0$493,868
81$1,380,929$0$0$513,526
82$1,435,514$0$0$534,222
83$1,492,948$0$0$556,030
84$1,553,437$0$0$579,034
85$1,617,204$0$0$603,322
86$1,684,494$0$0$628,992
87$1,755,570$0$0$656,151
88$1,830,723$0$0$684,914
89$1,910,269$0$0$715,409
90$1,994,551$0$0$747,775
91$2,083,947$0$0$782,163
92$2,178,870$0$0$818,739
93$2,279,769$0$0$857,684
94$2,387,137$0$0$899,199
95$2,501,513$0$0$943,500
96$2,623,490$0$0$990,826
97$2,753,712$0$0$1,041,438
98$2,892,890$0$0$1,095,624
99$3,041,801$0$0$1,153,697
100$3,201,297$0$0$1,216,003