Can I retire at age 57 with 825,000?

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 $825,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$68,128$67,521$66,929$66,351$65,787$64,170
2 years$33,727$33,098$32,490$31,899$31,327$29,708
3 years$22,261$21,630$21,023$20,438$19,875$18,305
4 years$16,529$15,900$15,299$14,725$14,175$12,666
5 years$13,091$12,466$11,873$11,310$10,776$9,331
6 years$10,800$10,180$9,595$9,045$8,526$7,148
7 years$9,164$8,549$7,974$7,436$6,934$5,622
8 years$7,938$7,328$6,762$6,238$5,753$4,506
9 years$6,984$6,380$5,824$5,313$4,845$3,663
10 years$6,222$5,624$5,078$4,580$4,128$3,010
11 years$5,599$5,007$4,470$3,986$3,550$2,494
12 years$5,080$4,494$3,967$3,496$3,076$2,080
13 years$4,641$4,061$3,545$3,087$2,683$1,744
14 years$4,265$3,691$3,185$2,740$2,352$1,469
15 years$3,940$3,372$2,875$2,444$2,071$1,242
16 years$3,655$3,094$2,607$2,188$1,830$1,053
17 years$3,404$2,849$2,372$1,966$1,623$895
18 years$3,182$2,633$2,166$1,772$1,443$763
19 years$2,983$2,440$1,982$1,601$1,286$651
20 years$2,804$2,267$1,819$1,450$1,149$556
21 years$2,642$2,112$1,674$1,316$1,028$476
22 years$2,496$1,972$1,542$1,196$921$408
23 years$2,362$1,844$1,424$1,090$827$350
24 years$2,239$1,728$1,317$994$743$300
25 years$2,127$1,621$1,220$908$669$257
26 years$2,023$1,524$1,131$830$603$221
27 years$1,928$1,434$1,051$760$543$190
28 years$1,839$1,351$977$696$490$163
29 years$1,756$1,275$909$638$443$141
30 years$1,679$1,204$847$586$400$121
31 years$1,608$1,138$789$538$362$104
32 years$1,540$1,077$736$494$327$90
33 years$1,477$1,020$688$455$296$77
34 years$1,418$967$642$418$268$66
35 years$1,363$917$601$385$243$57
36 years$1,310$870$562$355$220$49
37 years$1,261$826$526$327$199$42
38 years$1,214$785$492$301$181$37
39 years$1,170$747$461$278$164$32
40 years$1,128$711$432$256$149$27
41 years$1,088$676$406$236$135$23
42 years$1,050$644$380$218$122$20
43 years$1,014$614$357$201$111$17
44 years$980$585$335$186$101$15
45 years$948$558$315$172$92$13
46 years$917$532$295$159$83$11
47 years$887$508$278$147$75$10
48 years$859$485$261$135$69$8
49 years$831$463$245$125$62$7
50 years$805$442$231$116$57$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $825,000, adding $6,351 every year, while hoping to spend $25,737 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: 61/34/5 Blend
56$825,000$825,000$825,000$825,000
57$915,701$871,976$859,189$970,422
58$981,719$887,319$860,587$1,023,079
59$1,053,607$902,551$861,171$1,076,936
60$1,131,939$917,640$860,883$1,135,031
61$1,217,343$932,550$859,669$1,197,770
62$1,310,511$947,244$857,467$1,265,602
63$1,412,205$961,682$854,215$1,339,024
64$1,523,266$975,819$849,846$1,418,578
65$1,644,615$989,611$844,292$1,504,867
66$1,777,271$1,003,006$837,481$1,598,553
67$1,922,351$1,015,953$829,336$1,700,365
68$2,081,090$1,028,393$819,777$1,811,107
69$2,254,844$1,040,267$808,722$1,931,666
70$2,445,107$1,051,509$796,084$2,063,019
71$2,653,525$1,062,051$781,770$2,206,243
72$2,881,912$1,071,818$765,686$2,362,525
73$3,132,262$1,080,732$747,732$2,533,175
74$3,406,774$1,088,710$727,802$2,719,633
75$3,707,870$1,095,661$705,788$2,923,492
76$4,038,216$1,101,492$681,576$3,146,503
77$4,400,750$1,106,101$655,044$3,390,600
78$4,798,707$1,109,381$626,069$3,657,913
79$5,235,652$1,111,217$594,519$3,950,790
80$5,715,511$1,111,490$560,258$4,271,820
81$6,242,609$1,110,068$523,143$4,623,859
82$6,821,711$1,106,817$483,023$5,010,052
83$7,458,065$1,101,591$439,744$5,433,867
84$8,157,454$1,094,236$393,143$5,899,130
85$8,926,249$1,084,588$343,048$6,410,056
86$9,771,468$1,072,474$289,281$6,971,291
87$10,700,844$1,057,712$231,659$7,587,958
88$11,722,896$1,040,106$169,985$8,265,707
89$12,847,010$1,019,449$104,058$9,010,761
90$14,083,528$995,525$33,667$9,829,984
91$15,443,843$968,101$0$10,730,942
92$16,940,510$936,933$0$11,724,186
93$18,587,361$901,762$0$12,818,760
94$20,399,637$862,313$0$14,023,012
95$22,394,130$818,297$0$15,348,127
96$24,589,344$769,406$0$16,806,435
97$27,005,667$715,317$0$18,411,525
98$29,665,563$655,686$0$20,178,376
99$32,593,787$590,150$0$22,123,499
100$35,817,613$518,327$0$24,265,091