Can I retire at age 57 with 826,000?

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 $826,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$68,210$67,603$67,010$66,431$65,866$65,561
2 years$33,767$33,139$32,529$31,938$31,365$31,057
3 years$22,288$21,656$21,048$20,463$19,899$19,598
4 years$16,549$15,920$15,318$14,743$14,192$13,900
5 years$13,107$12,481$11,887$11,324$10,789$10,506
6 years$10,813$10,192$9,607$9,056$8,537$8,265
7 years$9,175$8,559$7,983$7,445$6,943$6,681
8 years$7,947$7,337$6,770$6,246$5,760$5,508
9 years$6,993$6,388$5,831$5,320$4,850$4,609
10 years$6,229$5,631$5,084$4,586$4,133$3,902
11 years$5,605$5,013$4,476$3,991$3,554$3,333
12 years$5,086$4,499$3,972$3,501$3,080$2,869
13 years$4,646$4,066$3,549$3,091$2,686$2,485
14 years$4,270$3,696$3,189$2,743$2,354$2,163
15 years$3,944$3,376$2,879$2,447$2,073$1,890
16 years$3,659$3,098$2,610$2,191$1,832$1,658
17 years$3,408$2,853$2,375$1,968$1,625$1,460
18 years$3,186$2,636$2,168$1,774$1,444$1,288
19 years$2,986$2,443$1,985$1,603$1,287$1,139
20 years$2,807$2,270$1,822$1,452$1,150$1,009
21 years$2,646$2,115$1,676$1,317$1,029$896
22 years$2,499$1,974$1,544$1,198$922$797
23 years$2,365$1,846$1,426$1,091$828$709
24 years$2,242$1,730$1,319$995$744$632
25 years$2,130$1,623$1,221$909$670$564
26 years$2,026$1,526$1,133$831$603$504
27 years$1,930$1,436$1,052$761$544$451
28 years$1,841$1,353$978$697$491$403
29 years$1,758$1,276$910$639$443$361
30 years$1,681$1,205$848$586$400$323
31 years$1,610$1,139$790$539$362$290
32 years$1,542$1,078$737$495$327$260
33 years$1,479$1,021$688$455$296$233
34 years$1,420$968$643$419$268$209
35 years$1,364$918$601$386$243$188
36 years$1,312$871$563$355$220$168
37 years$1,262$827$527$327$200$151
38 years$1,216$786$493$302$181$136
39 years$1,171$748$462$278$164$122
40 years$1,129$711$433$256$149$110
41 years$1,089$677$406$237$135$99
42 years$1,052$645$381$218$123$89
43 years$1,016$615$357$202$111$80
44 years$981$586$335$186$101$72
45 years$949$559$315$172$92$64
46 years$918$533$296$159$83$58
47 years$888$508$278$147$76$52
48 years$860$485$261$136$69$47
49 years$832$464$245$125$62$42
50 years$806$443$231$116$57$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $826,000, adding $5,495 every year, while hoping to spend $52,701 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: 60/17/23 Blend
56$826,000$826,000$826,000$826,000
57$915,920$872,142$859,339$964,967
58$953,270$858,804$832,053$985,567
59$992,664$843,045$802,088$1,001,817
60$1,034,254$824,693$769,296$1,018,390
61$1,078,207$803,562$733,526$1,035,326
62$1,124,705$779,456$694,620$1,052,673
63$1,173,945$752,171$652,410$1,070,486
64$1,226,146$721,485$606,724$1,088,828
65$1,281,544$687,169$557,380$1,107,772
66$1,340,397$648,976$504,188$1,127,401
67$1,402,990$606,648$446,951$1,147,808
68$1,469,632$559,911$385,461$1,169,101
69$1,540,663$508,475$319,503$1,191,402
70$1,616,455$452,035$248,850$1,214,848
71$1,697,415$390,266$173,268$1,239,595
72$1,783,990$322,827$92,511$1,265,820
73$1,876,668$249,357$6,321$1,293,720
74$1,975,987$169,475$0$1,323,519
75$2,082,535$82,777$0$1,376,489
76$2,196,959$0$0$1,434,914
77$2,319,967$0$0$1,499,716
78$2,452,338$0$0$1,586,161
79$2,594,926$0$0$1,679,327
80$2,748,671$0$0$1,779,835
81$2,914,603$0$0$1,888,366
82$3,093,855$0$0$2,005,666
83$3,287,673$0$0$2,132,559
84$3,497,425$0$0$2,269,947
85$3,724,615$0$0$2,418,825
86$3,970,899$0$0$2,580,285
87$4,238,094$0$0$2,755,528
88$4,528,201$0$0$2,945,876
89$4,843,420$0$0$3,152,782
90$5,186,172$0$0$3,377,844
91$5,559,119$0$0$3,622,822
92$5,965,192$0$0$3,889,652
93$6,407,613$0$0$4,180,464
94$6,889,932$0$0$4,497,601
95$7,416,053$0$0$4,843,645
96$7,990,274$0$0$5,221,434
97$8,617,326$0$0$5,634,096
98$9,302,416$0$0$6,085,072
99$10,051,278$0$0$6,578,150
100$10,870,224$0$0$7,117,503