Can I retire at age 57 with 5,700,000?

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 $5,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$470,701$466,508$462,417$458,425$454,526$437,183
2 years$233,020$228,680$224,474$220,396$216,441$199,172
3 years$153,804$149,445$145,250$141,210$137,319$120,668
4 years$114,203$109,858$105,705$101,734$97,937$82,031
5 years$90,449$86,130$82,031$78,141$74,450$59,329
6 years$74,618$70,332$66,293$62,490$58,910$44,585
7 years$63,315$59,064$55,090$51,377$47,910$34,376
8 years$54,841$50,629$46,721$43,099$39,746$26,990
9 years$48,254$44,082$40,241$36,711$33,472$21,477
10 years$42,987$38,856$35,083$31,645$28,519$17,262
11 years$38,681$34,591$30,886$27,540$24,528$13,983
12 years$35,095$31,047$27,411$24,157$21,255$11,397
13 years$32,063$28,058$24,490$21,327$18,535$9,333
14 years$29,467$25,504$22,004$18,931$16,248$7,673
15 years$27,218$23,298$19,867$16,884$14,306$6,328
16 years$25,253$21,375$18,012$15,117$12,643$5,232
17 years$23,521$19,686$16,390$13,583$11,210$4,335
18 years$21,983$18,191$14,962$12,241$9,968$3,598
19 years$20,608$16,859$13,697$11,061$8,885$2,990
20 years$19,372$15,666$12,571$10,018$7,936$2,488
21 years$18,256$14,592$11,563$9,092$7,102$2,072
22 years$17,242$13,621$10,657$8,266$6,366$1,727
23 years$16,318$12,740$9,840$7,528$5,714$1,440
24 years$15,472$11,936$9,100$6,866$5,136$1,202
25 years$14,695$11,202$8,428$6,271$4,622$1,004
26 years$13,979$10,528$7,817$5,734$4,163$838
27 years$13,318$9,908$7,259$5,248$3,753$700
28 years$12,704$9,336$6,748$4,808$3,387$585
29 years$12,134$8,808$6,279$4,409$3,058$489
30 years$11,603$8,318$5,849$4,047$2,763$409
31 years$11,107$7,863$5,453$3,717$2,498$342
32 years$10,643$7,440$5,088$3,416$2,260$286
33 years$10,208$7,046$4,750$3,141$2,045$239
34 years$9,799$6,678$4,438$2,890$1,852$200
35 years$9,415$6,334$4,150$2,660$1,677$167
36 years$9,053$6,012$3,882$2,450$1,520$140
37 years$8,711$5,710$3,633$2,257$1,377$117
38 years$8,388$5,426$3,403$2,081$1,249$98
39 years$8,082$5,160$3,188$1,919$1,132$82
40 years$7,793$4,909$2,988$1,770$1,027$69
41 years$7,518$4,673$2,802$1,633$932$57
42 years$7,257$4,451$2,628$1,507$845$48
43 years$7,009$4,241$2,466$1,391$767$40
44 years$6,772$4,042$2,315$1,284$696$34
45 years$6,547$3,855$2,174$1,186$632$28
46 years$6,333$3,677$2,042$1,096$574$24
47 years$6,128$3,509$1,918$1,012$521$20
48 years$5,932$3,350$1,802$935$473$16
49 years$5,744$3,199$1,694$864$430$14
50 years$5,565$3,056$1,593$799$391$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $5,700,000, adding $3,579 every year, while hoping to spend $26,032 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: 50/34/16 Blend
56$5,700,000$5,700,000$5,700,000$5,700,000
57$6,285,092$5,982,992$5,894,642$6,571,448
58$6,898,473$6,248,460$6,064,414$7,034,469
59$7,573,547$6,526,065$6,239,002$7,534,378
60$8,316,579$6,816,372$6,418,538$8,077,083
61$9,134,471$7,119,975$6,603,161$8,666,622
62$10,034,831$7,437,498$6,793,010$9,307,432
63$11,026,040$7,769,591$6,988,232$10,004,386
64$12,117,333$8,116,939$7,188,975$10,762,843
65$13,318,888$8,480,255$7,395,392$11,588,690
66$14,641,916$8,860,290$7,607,640$12,488,398
67$16,098,776$9,257,828$7,825,881$13,469,084
68$17,703,082$9,673,692$8,050,278$14,538,569
69$19,469,837$10,108,744$8,281,004$15,705,457
70$21,415,575$10,563,887$8,518,231$16,979,207
71$23,558,511$11,040,065$8,762,140$18,370,224
72$25,918,722$11,538,270$9,012,914$19,889,953
73$28,518,327$12,059,541$9,270,742$21,550,984
74$31,381,702$12,604,965$9,535,817$23,367,169
75$34,535,708$13,175,681$9,808,340$25,353,747
76$38,009,945$13,772,884$10,088,514$27,527,488
77$41,837,030$14,397,825$10,376,550$29,906,844
78$46,052,904$15,051,816$10,672,661$32,512,123
79$50,697,175$15,736,230$10,977,070$35,365,675
80$55,813,489$16,452,507$11,290,004$38,492,100
81$61,449,940$17,202,155$11,611,694$41,918,474
82$67,659,528$17,986,755$11,942,381$45,674,606
83$74,500,658$18,807,964$12,282,309$49,793,305
84$82,037,689$19,667,518$12,631,730$54,310,696
85$90,341,543$20,567,236$12,990,902$59,266,549
86$99,490,374$21,509,024$13,360,091$64,704,649
87$109,570,307$22,494,881$13,739,569$70,673,210
88$120,676,248$23,526,900$14,129,614$77,225,318
89$132,912,783$24,607,276$14,530,514$84,419,430
90$146,395,163$25,738,309$14,942,562$92,319,918
91$161,250,392$26,922,408$15,366,060$100,997,672
92$177,618,426$28,162,100$15,801,317$110,530,758
93$195,653,495$29,460,032$16,248,651$121,005,156
94$215,525,557$30,818,980$16,708,387$132,515,555
95$237,421,906$32,241,851$17,180,859$145,166,247
96$261,548,933$33,731,695$17,666,411$159,072,098
97$288,134,082$35,291,706$18,165,393$174,359,628
98$317,427,991$36,925,232$18,678,167$191,168,191
99$349,706,863$38,635,785$19,205,102$209,651,290
100$385,275,068$40,427,044$19,746,578$229,978,006