Can I retire at age 57 with 825,000?

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 $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%17.5%
1 years$68,128$67,521$66,929$66,351$65,787$63,783
2 years$33,727$33,098$32,490$31,899$31,327$29,326
3 years$22,261$21,630$21,023$20,438$19,875$17,939
4 years$16,529$15,900$15,299$14,725$14,175$12,318
5 years$13,091$12,466$11,873$11,310$10,776$9,004
6 years$10,800$10,180$9,595$9,045$8,526$6,841
7 years$9,164$8,549$7,974$7,436$6,934$5,335
8 years$7,938$7,328$6,762$6,238$5,753$4,239
9 years$6,984$6,380$5,824$5,313$4,845$3,414
10 years$6,222$5,624$5,078$4,580$4,128$2,779
11 years$5,599$5,007$4,470$3,986$3,550$2,281
12 years$5,080$4,494$3,967$3,496$3,076$1,884
13 years$4,641$4,061$3,545$3,087$2,683$1,564
14 years$4,265$3,691$3,185$2,740$2,352$1,304
15 years$3,940$3,372$2,875$2,444$2,071$1,091
16 years$3,655$3,094$2,607$2,188$1,830$915
17 years$3,404$2,849$2,372$1,966$1,623$769
18 years$3,182$2,633$2,166$1,772$1,443$648
19 years$2,983$2,440$1,982$1,601$1,286$547
20 years$2,804$2,267$1,819$1,450$1,149$462
21 years$2,642$2,112$1,674$1,316$1,028$391
22 years$2,496$1,972$1,542$1,196$921$331
23 years$2,362$1,844$1,424$1,090$827$280
24 years$2,239$1,728$1,317$994$743$238
25 years$2,127$1,621$1,220$908$669$202
26 years$2,023$1,524$1,131$830$603$171
27 years$1,928$1,434$1,051$760$543$145
28 years$1,839$1,351$977$696$490$123
29 years$1,756$1,275$909$638$443$105
30 years$1,679$1,204$847$586$400$89
31 years$1,608$1,138$789$538$362$76
32 years$1,540$1,077$736$494$327$64
33 years$1,477$1,020$688$455$296$55
34 years$1,418$967$642$418$268$47
35 years$1,363$917$601$385$243$40
36 years$1,310$870$562$355$220$34
37 years$1,261$826$526$327$199$29
38 years$1,214$785$492$301$181$24
39 years$1,170$747$461$278$164$21
40 years$1,128$711$432$256$149$18
41 years$1,088$676$406$236$135$15
42 years$1,050$644$380$218$122$13
43 years$1,014$614$357$201$111$11
44 years$980$585$335$186$101$9
45 years$948$558$315$172$92$8
46 years$917$532$295$159$83$7
47 years$887$508$278$147$75$6
48 years$859$485$261$135$69$5
49 years$831$463$245$125$62$4
50 years$805$442$231$116$57$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $825,000, adding $4,339 every year, while hoping to spend $40,630 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: 72/8/20 Blend
56$825,000$825,000$825,000$825,000
57$913,626$869,901$857,113$974,698
58$963,585$869,296$842,596$1,015,297
59$1,017,279$867,300$826,232$1,054,464
60$1,075,046$863,801$807,914$1,096,337
61$1,137,255$858,682$787,534$1,141,176
62$1,204,315$851,817$764,976$1,189,271
63$1,276,674$843,075$740,122$1,240,942
64$1,354,823$832,314$712,844$1,296,541
65$1,439,303$819,386$683,013$1,356,457
66$1,530,708$804,132$650,490$1,421,121
67$1,629,692$786,385$615,132$1,491,008
68$1,736,971$765,969$576,790$1,566,640
69$1,853,336$742,696$535,307$1,648,597
70$1,979,655$716,366$490,518$1,737,517
71$2,116,882$686,771$442,253$1,834,105
72$2,266,069$653,688$390,333$1,939,139
73$2,428,371$616,881$334,572$2,053,478
74$2,605,059$576,102$274,775$2,178,069
75$2,797,533$531,089$210,737$2,313,960
76$3,007,332$481,563$142,248$2,462,303
77$3,236,150$427,230$69,084$2,624,375
78$3,485,854$367,781$0$2,801,580
79$3,758,495$302,886$0$2,997,389
80$4,056,333$232,199$0$3,227,454
81$4,381,857$155,355$0$3,478,958
82$4,737,805$71,966$0$3,754,043
83$5,127,194$0$0$4,055,067
84$5,553,343$0$0$4,386,244
85$6,019,909$0$0$4,755,807
86$6,530,920$0$0$5,160,613
87$7,090,808$0$0$5,604,180
88$7,704,457$0$0$6,090,383
89$8,377,246$0$0$6,623,487
90$9,115,098$0$0$7,208,192
91$9,924,536$0$0$7,849,675
92$10,812,748$0$0$8,553,635
93$11,787,649$0$0$9,326,353
94$12,857,958$0$0$10,174,746
95$14,033,279$0$0$11,106,433
96$15,324,193$0$0$12,129,810
97$16,742,355$0$0$13,254,122
98$18,300,605$0$0$14,489,557
99$20,013,088$0$0$15,847,338
100$21,895,388$0$0$17,339,826