Can I retire at age 57 with 839,000?

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 $839,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$69,284$68,667$68,065$67,477$66,903$66,067
2 years$34,299$33,660$33,041$32,441$31,859$31,017
3 years$22,639$21,997$21,380$20,785$20,212$19,392
4 years$16,810$16,170$15,559$14,975$14,416$13,623
5 years$13,313$12,678$12,074$11,502$10,959$10,195
6 years$10,983$10,352$9,758$9,198$8,671$7,938
7 years$9,320$8,694$8,109$7,562$7,052$6,350
8 years$8,072$7,452$6,877$6,344$5,850$5,179
9 years$7,103$6,489$5,923$5,404$4,927$4,286
10 years$6,327$5,719$5,164$4,658$4,198$3,587
11 years$5,694$5,092$4,546$4,054$3,610$3,029
12 years$5,166$4,570$4,035$3,556$3,129$2,576
13 years$4,720$4,130$3,605$3,139$2,728$2,203
14 years$4,337$3,754$3,239$2,787$2,392$1,894
15 years$4,006$3,429$2,924$2,485$2,106$1,635
16 years$3,717$3,146$2,651$2,225$1,861$1,416
17 years$3,462$2,898$2,413$1,999$1,650$1,229
18 years$3,236$2,678$2,202$1,802$1,467$1,070
19 years$3,033$2,482$2,016$1,628$1,308$934
20 years$2,851$2,306$1,850$1,475$1,168$816
21 years$2,687$2,148$1,702$1,338$1,045$714
22 years$2,538$2,005$1,569$1,217$937$626
23 years$2,402$1,875$1,448$1,108$841$550
24 years$2,277$1,757$1,339$1,011$756$483
25 years$2,163$1,649$1,241$923$680$425
26 years$2,058$1,550$1,151$844$613$374
27 years$1,960$1,458$1,068$772$552$329
28 years$1,870$1,374$993$708$498$290
29 years$1,786$1,296$924$649$450$255
30 years$1,708$1,224$861$596$407$225
31 years$1,635$1,157$803$547$368$199
32 years$1,567$1,095$749$503$333$175
33 years$1,503$1,037$699$462$301$155
34 years$1,442$983$653$425$273$137
35 years$1,386$932$611$392$247$121
36 years$1,333$885$571$361$224$107
37 years$1,282$840$535$332$203$94
38 years$1,235$799$501$306$184$83
39 years$1,190$760$469$282$167$74
40 years$1,147$723$440$260$151$65
41 years$1,107$688$412$240$137$58
42 years$1,068$655$387$222$124$51
43 years$1,032$624$363$205$113$45
44 years$997$595$341$189$103$40
45 years$964$567$320$175$93$35
46 years$932$541$300$161$84$31
47 years$902$517$282$149$77$28
48 years$873$493$265$138$70$24
49 years$846$471$249$127$63$22
50 years$819$450$234$118$57$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $839,000, adding $3,933 every year, while hoping to spend $22,863 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: 56/35/9 Blend
56$839,000$839,000$839,000$839,000
57$928,635$884,168$871,163$978,419
58$999,030$903,166$876,021$1,031,482
59$1,075,838$922,329$880,276$1,086,372
60$1,159,691$941,640$883,882$1,145,606
61$1,251,282$961,083$886,794$1,209,601
62$1,351,373$980,637$888,963$1,278,815
63$1,460,807$1,000,281$890,337$1,353,756
64$1,580,508$1,019,994$890,861$1,434,982
65$1,711,495$1,039,749$890,481$1,523,106
66$1,854,891$1,059,520$889,136$1,618,806
67$2,011,932$1,079,279$886,763$1,722,828
68$2,183,977$1,098,992$883,299$1,835,995
69$2,372,527$1,118,626$878,673$1,959,212
70$2,579,230$1,138,145$872,814$2,093,477
71$2,805,906$1,157,508$865,648$2,239,892
72$3,054,556$1,176,673$857,094$2,399,668
73$3,327,385$1,195,594$847,071$2,574,142
74$3,626,822$1,214,223$835,492$2,764,788
75$3,955,544$1,232,505$822,267$2,973,228
76$4,316,497$1,250,385$807,300$3,201,252
77$4,712,928$1,267,803$790,493$3,450,832
78$5,148,413$1,284,692$771,741$3,724,143
79$5,626,893$1,300,984$750,937$4,023,579
80$6,152,709$1,316,604$727,966$4,351,782
81$6,730,642$1,331,474$702,709$4,711,663
82$7,365,960$1,345,509$675,042$5,106,431
83$8,064,467$1,358,618$644,835$5,539,622
84$8,832,558$1,370,706$611,953$6,015,135
85$9,677,279$1,381,670$576,253$6,537,266
86$10,606,390$1,391,401$537,586$7,110,752
87$11,628,445$1,399,783$495,799$7,740,814
88$12,752,866$1,406,692$450,727$8,433,207
89$13,990,034$1,411,996$402,203$9,194,272
90$15,351,390$1,415,556$350,049$10,031,003
91$16,849,537$1,417,224$294,081$10,951,106
92$18,498,362$1,416,840$234,105$11,963,074
93$20,313,168$1,414,238$169,921$13,076,272
94$22,310,816$1,409,240$101,317$14,301,019
95$24,509,883$1,401,657$28,075$15,648,692
96$26,930,841$1,391,288$0$17,131,827
97$29,596,247$1,377,921$0$18,769,057
98$32,530,955$1,361,331$0$20,573,992
99$35,762,354$1,341,278$0$22,560,749
100$39,320,623$1,317,509$0$24,747,859