Can I retire at age 57 with 803,000?

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 $803,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$66,311$65,720$65,144$64,582$64,032$61,834
2 years$32,827$32,216$31,623$31,049$30,492$28,299
3 years$21,667$21,053$20,462$19,893$19,345$17,228
4 years$16,089$15,476$14,891$14,332$13,797$11,771
5 years$12,742$12,134$11,556$11,008$10,488$8,558
6 years$10,512$9,908$9,339$8,803$8,299$6,467
7 years$8,920$8,321$7,761$7,238$6,749$5,015
8 years$7,726$7,132$6,582$6,072$5,599$3,961
9 years$6,798$6,210$5,669$5,172$4,715$3,171
10 years$6,056$5,474$4,942$4,458$4,018$2,565
11 years$5,449$4,873$4,351$3,880$3,455$2,091
12 years$4,944$4,374$3,862$3,403$2,994$1,716
13 years$4,517$3,953$3,450$3,004$2,611$1,415
14 years$4,151$3,593$3,100$2,667$2,289$1,171
15 years$3,834$3,282$2,799$2,379$2,015$973
16 years$3,558$3,011$2,538$2,130$1,781$810
17 years$3,314$2,773$2,309$1,914$1,579$676
18 years$3,097$2,563$2,108$1,724$1,404$565
19 years$2,903$2,375$1,930$1,558$1,252$474
20 years$2,729$2,207$1,771$1,411$1,118$397
21 years$2,572$2,056$1,629$1,281$1,000$333
22 years$2,429$1,919$1,501$1,165$897$280
23 years$2,299$1,795$1,386$1,061$805$235
24 years$2,180$1,682$1,282$967$724$198
25 years$2,070$1,578$1,187$883$651$167
26 years$1,969$1,483$1,101$808$586$140
27 years$1,876$1,396$1,023$739$529$118
28 years$1,790$1,315$951$677$477$100
29 years$1,709$1,241$885$621$431$84
30 years$1,635$1,172$824$570$389$71
31 years$1,565$1,108$768$524$352$60
32 years$1,499$1,048$717$481$318$50
33 years$1,438$993$669$442$288$42
34 years$1,381$941$625$407$261$36
35 years$1,326$892$585$375$236$30
36 years$1,275$847$547$345$214$25
37 years$1,227$804$512$318$194$21
38 years$1,182$764$479$293$176$18
39 years$1,139$727$449$270$160$15
40 years$1,098$692$421$249$145$13
41 years$1,059$658$395$230$131$11
42 years$1,022$627$370$212$119$9
43 years$987$597$347$196$108$8
44 years$954$569$326$181$98$7
45 years$922$543$306$167$89$6
46 years$892$518$288$154$81$5
47 years$863$494$270$143$73$4
48 years$836$472$254$132$67$3
49 years$809$451$239$122$61$3
50 years$784$430$224$113$55$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $803,000, adding $5,806 every year, while hoping to spend $26,652 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: 39/31/30 Blend
56$803,000$803,000$803,000$803,000
57$890,895$848,336$835,889$917,537
58$953,409$861,547$835,534$950,824
59$1,021,406$874,512$834,274$983,931
60$1,095,417$887,191$832,050$1,019,233
61$1,176,027$899,540$828,801$1,056,948
62$1,263,878$911,515$824,463$1,097,317
63$1,359,680$923,065$818,968$1,140,609
64$1,464,210$934,138$812,246$1,187,118
65$1,578,326$944,677$804,223$1,237,173
66$1,702,972$954,623$794,821$1,291,135
67$1,839,187$963,912$783,960$1,349,405
68$1,988,116$972,475$771,554$1,412,426
69$2,151,017$980,239$757,514$1,480,689
70$2,329,277$987,128$741,748$1,554,735
71$2,524,424$993,058$724,157$1,635,164
72$2,738,139$997,941$704,640$1,722,638
73$2,972,274$1,001,686$683,090$1,817,890
74$3,228,868$1,004,191$659,396$1,921,730
75$3,510,168$1,005,351$633,441$2,035,053
76$3,818,647$1,005,055$605,104$2,158,847
77$4,157,030$1,003,184$574,255$2,294,206
78$4,528,318$999,611$540,764$2,442,336
79$4,935,816$994,201$504,489$2,604,572
80$5,383,166$986,813$465,285$2,782,388
81$5,874,378$977,296$423,001$2,977,411
82$6,413,870$965,490$377,478$3,191,439
83$7,006,511$951,225$328,549$3,426,457
84$7,657,661$934,321$276,042$3,684,658
85$8,373,228$914,588$219,775$3,968,462
86$9,159,719$891,825$159,559$4,280,542
87$10,024,303$865,817$95,197$4,623,848
88$10,974,880$836,339$26,484$5,001,639
89$12,020,150$803,152$0$5,417,510
90$13,169,701$766,003$0$5,890,425
91$14,434,097$724,623$0$6,419,790
92$15,824,975$678,730$0$7,002,029
93$17,355,159$628,024$0$7,642,554
94$19,038,776$572,189$0$8,347,334
95$20,891,395$510,890$0$9,122,950
96$22,930,166$443,772$0$9,976,658
97$25,173,990$370,464$0$10,916,457
98$27,643,689$290,569$0$11,951,170
99$30,362,209$203,670$0$13,090,520
100$33,354,833$109,328$0$14,345,230