Can I retire at age 57 with 852,000?

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 $852,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$70,357$69,731$69,119$68,522$67,940$65,739
2 years$34,830$34,182$33,553$32,943$32,352$30,155
3 years$22,990$22,338$21,711$21,107$20,526$18,402
4 years$17,070$16,421$15,800$15,207$14,639$12,605
5 years$13,520$12,874$12,262$11,680$11,128$9,189
6 years$11,153$10,513$9,909$9,341$8,805$6,962
7 years$9,464$8,829$8,235$7,679$7,161$5,414
8 years$8,197$7,568$6,984$6,442$5,941$4,289
9 years$7,213$6,589$6,015$5,487$5,003$3,444
10 years$6,425$5,808$5,244$4,730$4,263$2,795
11 years$5,782$5,170$4,617$4,117$3,666$2,286
12 years$5,246$4,641$4,097$3,611$3,177$1,882
13 years$4,793$4,194$3,661$3,188$2,770$1,557
14 years$4,405$3,812$3,289$2,830$2,429$1,294
15 years$4,068$3,482$2,970$2,524$2,138$1,078
16 years$3,775$3,195$2,692$2,260$1,890$901
17 years$3,516$2,943$2,450$2,030$1,676$755
18 years$3,286$2,719$2,236$1,830$1,490$634
19 years$3,080$2,520$2,047$1,653$1,328$533
20 years$2,896$2,342$1,879$1,497$1,186$448
21 years$2,729$2,181$1,728$1,359$1,062$378
22 years$2,577$2,036$1,593$1,236$951$319
23 years$2,439$1,904$1,471$1,125$854$269
24 years$2,313$1,784$1,360$1,026$768$227
25 years$2,197$1,674$1,260$937$691$192
26 years$2,090$1,574$1,168$857$622$162
27 years$1,991$1,481$1,085$784$561$137
28 years$1,899$1,396$1,009$719$506$116
29 years$1,814$1,317$939$659$457$98
30 years$1,734$1,243$874$605$413$83
31 years$1,660$1,175$815$556$373$70
32 years$1,591$1,112$760$511$338$60
33 years$1,526$1,053$710$469$306$50
34 years$1,465$998$663$432$277$43
35 years$1,407$947$620$398$251$36
36 years$1,353$899$580$366$227$31
37 years$1,302$853$543$337$206$26
38 years$1,254$811$509$311$187$22
39 years$1,208$771$476$287$169$19
40 years$1,165$734$447$265$154$16
41 years$1,124$699$419$244$139$13
42 years$1,085$665$393$225$126$11
43 years$1,048$634$369$208$115$10
44 years$1,012$604$346$192$104$8
45 years$979$576$325$177$95$7
46 years$947$550$305$164$86$6
47 years$916$525$287$151$78$5
48 years$887$501$269$140$71$4
49 years$859$478$253$129$64$4
50 years$832$457$238$119$58$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $852,000, adding $2,726 every year, while hoping to spend $29,451 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: 64/15/21 Blend
56$852,000$852,000$852,000$852,000
57$941,716$896,560$883,354$996,742
58$1,006,435$909,156$881,611$1,046,711
59$1,076,769$921,382$878,822$1,097,713
60$1,153,258$933,188$874,921$1,152,752
61$1,236,500$944,524$869,840$1,212,225
62$1,327,148$955,331$863,505$1,276,569
63$1,425,926$965,550$855,841$1,346,269
64$1,533,625$975,118$846,767$1,421,855
65$1,651,122$983,965$836,200$1,503,916
66$1,779,376$992,019$824,053$1,593,100
67$1,919,448$999,203$810,234$1,690,122
68$2,072,502$1,005,434$794,647$1,795,769
69$2,239,821$1,010,625$777,192$1,910,912
70$2,422,819$1,014,681$757,764$2,036,509
71$2,623,050$1,017,504$736,253$2,173,617
72$2,842,227$1,018,989$712,544$2,323,405
73$3,082,237$1,019,022$686,516$2,487,157
74$3,345,156$1,017,485$658,046$2,666,292
75$3,633,272$1,014,251$627,000$2,862,377
76$3,949,103$1,009,187$593,242$3,077,136
77$4,295,424$1,002,149$556,628$3,312,473
78$4,675,290$992,988$517,008$3,570,486
79$5,092,067$981,541$474,225$3,853,490
80$5,549,462$967,641$428,116$4,164,038
81$6,051,559$951,107$378,509$4,504,944
82$6,602,855$931,748$325,226$4,879,313
83$7,208,305$909,363$268,080$5,290,565
84$7,873,368$883,738$206,877$5,742,476
85$8,604,057$854,646$141,412$6,239,207
86$9,406,996$821,849$71,474$6,785,345
87$10,289,482$785,092$0$7,385,951
88$11,259,555$744,107$0$8,047,309
89$12,326,073$698,612$0$8,792,001
90$13,498,794$648,305$0$9,610,827
91$14,788,469$592,871$0$10,511,321
92$16,206,945$531,973$0$11,501,784
93$17,767,272$465,259$0$12,591,364
94$19,483,829$392,352$0$13,790,145
95$21,372,461$312,858$0$15,109,237
96$23,450,624$226,360$0$16,560,885
97$25,737,551$132,416$0$18,158,587
98$28,254,437$30,559$0$19,917,214
99$31,024,632$0$0$21,853,159
100$34,073,866$0$0$23,997,641