Can I retire at age 57 with 572,000?

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 $572,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$47,235$46,814$46,404$46,003$45,612$43,941
2 years$23,384$22,948$22,526$22,117$21,720$20,055
3 years$15,434$14,997$14,576$14,171$13,780$12,174
4 years$11,460$11,024$10,608$10,209$9,828$8,293
5 years$9,077$8,643$8,232$7,842$7,471$6,010
6 years$7,488$7,058$6,653$6,271$5,912$4,527
7 years$6,354$5,927$5,528$5,156$4,808$3,498
8 years$5,503$5,081$4,688$4,325$3,989$2,753
9 years$4,842$4,424$4,038$3,684$3,359$2,196
10 years$4,314$3,899$3,521$3,176$2,862$1,770
11 years$3,882$3,471$3,099$2,764$2,461$1,437
12 years$3,522$3,116$2,751$2,424$2,133$1,174
13 years$3,218$2,816$2,458$2,140$1,860$964
14 years$2,957$2,559$2,208$1,900$1,630$795
15 years$2,731$2,338$1,994$1,694$1,436$658
16 years$2,534$2,145$1,808$1,517$1,269$545
17 years$2,360$1,976$1,645$1,363$1,125$453
18 years$2,206$1,825$1,501$1,228$1,000$377
19 years$2,068$1,692$1,375$1,110$892$314
20 years$1,944$1,572$1,261$1,005$796$262
21 years$1,832$1,464$1,160$912$713$219
22 years$1,730$1,367$1,069$830$639$183
23 years$1,638$1,278$987$755$573$153
24 years$1,553$1,198$913$689$515$128
25 years$1,475$1,124$846$629$464$108
26 years$1,403$1,056$784$575$418$90
27 years$1,336$994$728$527$377$76
28 years$1,275$937$677$483$340$63
29 years$1,218$884$630$442$307$53
30 years$1,164$835$587$406$277$45
31 years$1,115$789$547$373$251$37
32 years$1,068$747$511$343$227$31
33 years$1,024$707$477$315$205$26
34 years$983$670$445$290$186$22
35 years$945$636$416$267$168$19
36 years$908$603$390$246$152$16
37 years$874$573$365$227$138$13
38 years$842$545$341$209$125$11
39 years$811$518$320$193$114$9
40 years$782$493$300$178$103$8
41 years$754$469$281$164$93$6
42 years$728$447$264$151$85$5
43 years$703$426$247$140$77$5
44 years$680$406$232$129$70$4
45 years$657$387$218$119$63$3
46 years$635$369$205$110$58$3
47 years$615$352$192$102$52$2
48 years$595$336$181$94$48$2
49 years$576$321$170$87$43$2
50 years$558$307$160$80$39$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $572,000, adding $6,835 every year, while hoping to spend $30,844 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: 66/29/5 Blend
56$572,000$572,000$572,000$572,000
57$637,394$607,078$598,212$678,595
58$669,591$604,007$585,435$703,735
59$704,037$599,752$571,195$726,844
60$740,931$594,222$555,412$751,269
61$780,489$587,321$538,001$777,132
62$822,946$578,948$518,872$804,571
63$868,564$568,994$497,931$833,737
64$917,628$557,344$475,082$864,798
65$970,451$543,879$450,222$897,940
66$1,027,377$528,470$423,245$933,369
67$1,088,786$510,981$394,040$971,313
68$1,155,091$491,268$362,489$1,012,024
69$1,226,750$469,180$328,472$1,055,783
70$1,304,264$444,555$291,861$1,102,899
71$1,388,184$417,224$252,524$1,153,713
72$1,479,117$387,006$210,322$1,208,606
73$1,577,730$353,712$165,111$1,267,997
74$1,684,755$317,140$116,738$1,332,351
75$1,800,998$277,079$65,048$1,402,180
76$1,927,347$233,303$9,874$1,478,053
77$2,064,777$185,575$0$1,560,600
78$2,214,361$133,645$0$1,653,130
79$2,377,281$77,248$0$1,754,528
80$2,554,836$16,106$0$1,865,130
81$2,748,456$0$0$1,985,884
82$2,959,715$0$0$2,133,822
83$3,190,347$0$0$2,300,972
84$3,442,259$0$0$2,483,581
85$3,717,550$0$0$2,683,174
86$4,018,533$0$0$2,901,434
87$4,347,752$0$0$3,140,210
88$4,708,011$0$0$3,401,540
89$5,102,395$0$0$3,687,669
90$5,534,302$0$0$4,001,066
91$6,007,475$0$0$4,344,454
92$6,526,035$0$0$4,720,828
93$7,094,520$0$0$5,133,490
94$7,717,931$0$0$5,586,074
95$8,401,771$0$0$6,082,584
96$9,152,107$0$0$6,627,431
97$9,975,618$0$0$7,225,470
98$10,879,662$0$0$7,882,055
99$11,872,343$0$0$8,603,077
100$12,962,592$0$0$9,395,032