Can I retire at age 57 with 827,000?

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 $827,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$68,293$67,685$67,091$66,512$65,946$65,586
2 years$33,808$33,179$32,568$31,977$31,403$31,039
3 years$22,315$21,683$21,074$20,488$19,923$19,567
4 years$16,569$15,939$15,336$14,760$14,209$13,864
5 years$13,123$12,496$11,902$11,337$10,802$10,468
6 years$10,826$10,204$9,618$9,067$8,547$8,226
7 years$9,186$8,570$7,993$7,454$6,951$6,642
8 years$7,957$7,346$6,779$6,253$5,767$5,470
9 years$7,001$6,396$5,838$5,326$4,856$4,572
10 years$6,237$5,638$5,090$4,591$4,138$3,866
11 years$5,612$5,019$4,481$3,996$3,559$3,299
12 years$5,092$4,505$3,977$3,505$3,084$2,836
13 years$4,652$4,071$3,553$3,094$2,689$2,452
14 years$4,275$3,700$3,193$2,747$2,357$2,132
15 years$3,949$3,380$2,882$2,450$2,076$1,861
16 years$3,664$3,101$2,613$2,193$1,834$1,631
17 years$3,413$2,856$2,378$1,971$1,627$1,433
18 years$3,189$2,639$2,171$1,776$1,446$1,263
19 years$2,990$2,446$1,987$1,605$1,289$1,115
20 years$2,811$2,273$1,824$1,453$1,151$987
21 years$2,649$2,117$1,678$1,319$1,030$875
22 years$2,502$1,976$1,546$1,199$924$777
23 years$2,368$1,848$1,428$1,092$829$691
24 years$2,245$1,732$1,320$996$745$615
25 years$2,132$1,625$1,223$910$671$548
26 years$2,028$1,527$1,134$832$604$488
27 years$1,932$1,438$1,053$761$545$436
28 years$1,843$1,355$979$698$491$389
29 years$1,760$1,278$911$640$444$348
30 years$1,683$1,207$849$587$401$311
31 years$1,611$1,141$791$539$362$278
32 years$1,544$1,079$738$496$328$249
33 years$1,481$1,022$689$456$297$223
34 years$1,422$969$644$419$269$200
35 years$1,366$919$602$386$243$179
36 years$1,313$872$563$355$220$160
37 years$1,264$828$527$328$200$144
38 years$1,217$787$494$302$181$129
39 years$1,173$749$463$278$164$116
40 years$1,131$712$434$257$149$104
41 years$1,091$678$406$237$135$93
42 years$1,053$646$381$219$123$84
43 years$1,017$615$358$202$111$75
44 years$983$586$336$186$101$67
45 years$950$559$315$172$92$60
46 years$919$533$296$159$83$54
47 years$889$509$278$147$76$49
48 years$861$486$261$136$69$44
49 years$833$464$246$125$62$39
50 years$807$443$231$116$57$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $827,000, adding $6,102 every year, while hoping to spend $56,248 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: 32/47/21 Blend
56$827,000$827,000$827,000$827,000
57$917,648$873,817$860,999$940,890
58$951,401$856,787$829,995$941,814
59$986,711$837,037$796,067$937,283
60$1,023,678$814,374$759,058$931,236
61$1,062,411$788,596$718,803$923,574
62$1,103,024$759,485$675,131$914,195
63$1,145,647$726,813$627,862$902,992
64$1,190,415$690,339$576,808$889,854
65$1,237,479$649,808$521,772$874,665
66$1,287,001$604,948$462,551$857,305
67$1,339,158$555,473$398,930$837,648
68$1,394,144$501,082$330,685$815,567
69$1,452,167$441,456$257,583$790,926
70$1,513,456$376,256$179,381$763,587
71$1,578,262$305,126$95,823$733,408
72$1,646,857$227,689$6,646$700,241
73$1,719,539$143,548$0$663,935
74$1,796,632$52,282$0$644,170
75$1,878,492$0$0$623,831
76$1,965,507$0$0$625,409
77$2,058,104$0$0$655,929
78$2,156,748$0$0$688,515
79$2,261,947$0$0$723,343
80$2,374,261$0$0$760,609
81$2,494,301$0$0$800,525
82$2,622,738$0$0$843,327
83$2,760,308$0$0$889,270
84$2,907,816$0$0$938,638
85$3,066,147$0$0$991,738
86$3,236,273$0$0$1,048,912
87$3,419,259$0$0$1,110,532
88$3,616,275$0$0$1,177,008
89$3,828,607$0$0$1,248,790
90$4,057,667$0$0$1,326,374
91$4,305,004$0$0$1,410,303
92$4,572,324$0$0$1,501,174
93$4,861,499$0$0$1,599,646
94$5,174,588$0$0$1,706,440
95$5,513,855$0$0$1,822,352
96$5,881,787$0$0$1,948,255
97$6,281,123$0$0$2,085,110
98$6,714,872$0$0$2,233,977
99$7,186,344$0$0$2,396,017
100$7,699,184$0$0$2,572,513