Can I retire at age 57 with 1,830,000?

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 $1,830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$151,120$149,774$148,460$147,178$145,927$143,746
2 years$74,812$73,418$72,068$70,759$69,489$67,297
3 years$49,379$47,980$46,633$45,336$44,087$41,951
4 years$36,665$35,270$33,937$32,662$31,443$29,381
5 years$29,039$27,652$26,336$25,088$23,902$21,920
6 years$23,956$22,580$21,284$20,063$18,913$17,012
7 years$20,327$18,963$17,687$16,495$15,381$13,562
8 years$17,607$16,255$15,000$13,837$12,760$11,023
9 years$15,492$14,153$12,919$11,786$10,746$9,090
10 years$13,801$12,475$11,263$10,160$9,156$7,580
11 years$12,419$11,106$9,916$8,842$7,875$6,376
12 years$11,267$9,968$8,800$7,756$6,824$5,402
13 years$10,294$9,008$7,862$6,847$5,951$4,603
14 years$9,460$8,188$7,064$6,078$5,216$3,941
15 years$8,739$7,480$6,378$5,421$4,593$3,387
16 years$8,108$6,863$5,783$4,853$4,059$2,921
17 years$7,551$6,320$5,262$4,361$3,599$2,526
18 years$7,058$5,840$4,804$3,930$3,200$2,190
19 years$6,616$5,413$4,398$3,551$2,852$1,902
20 years$6,220$5,030$4,036$3,216$2,548$1,655
21 years$5,861$4,685$3,712$2,919$2,280$1,442
22 years$5,536$4,373$3,421$2,654$2,044$1,259
23 years$5,239$4,090$3,159$2,417$1,835$1,100
24 years$4,967$3,832$2,922$2,204$1,649$961
25 years$4,718$3,596$2,706$2,013$1,484$841
26 years$4,488$3,380$2,510$1,841$1,337$737
27 years$4,276$3,181$2,330$1,685$1,205$646
28 years$4,079$2,997$2,166$1,544$1,087$566
29 years$3,896$2,828$2,016$1,416$982$497
30 years$3,725$2,670$1,878$1,299$887$436
31 years$3,566$2,524$1,751$1,193$802$383
32 years$3,417$2,389$1,633$1,097$726$336
33 years$3,277$2,262$1,525$1,008$657$295
34 years$3,146$2,144$1,425$928$594$259
35 years$3,023$2,034$1,332$854$538$228
36 years$2,906$1,930$1,246$787$488$200
37 years$2,797$1,833$1,167$725$442$176
38 years$2,693$1,742$1,092$668$401$155
39 years$2,595$1,657$1,023$616$364$136
40 years$2,502$1,576$959$568$330$120
41 years$2,414$1,500$899$524$299$105
42 years$2,330$1,429$844$484$271$93
43 years$2,250$1,361$792$447$246$82
44 years$2,174$1,298$743$412$224$72
45 years$2,102$1,237$698$381$203$63
46 years$2,033$1,181$655$352$184$56
47 years$1,967$1,127$616$325$167$49
48 years$1,904$1,075$579$300$152$43
49 years$1,844$1,027$544$278$138$38
50 years$1,787$981$511$257$125$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $1,830,000, adding $5,466 every year, while hoping to spend $44,020 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: 34/46/20 Blend
56$1,830,000$1,830,000$1,830,000$1,830,000
57$2,022,298$1,925,308$1,896,943$2,078,491
58$2,181,736$1,972,811$1,913,654$2,167,959
59$2,355,960$2,021,167$1,929,449$2,259,930
60$2,546,434$2,070,370$1,944,251$2,358,196
61$2,754,767$2,120,414$1,957,980$2,463,341
62$2,982,730$2,171,291$1,970,549$2,576,006
63$3,232,275$2,222,991$1,981,869$2,696,899
64$3,505,551$2,275,501$1,991,845$2,826,801
65$3,804,923$2,328,808$2,000,379$2,966,570
66$4,132,999$2,382,893$2,007,365$3,117,153
67$4,492,648$2,437,737$2,012,695$3,279,593
68$4,887,030$2,493,319$2,016,252$3,455,040
69$5,319,628$2,549,612$2,017,917$3,644,762
70$5,794,275$2,606,588$2,017,563$3,850,156
71$6,315,196$2,664,216$2,015,056$4,072,761
72$6,887,043$2,722,459$2,010,257$4,314,274
73$7,514,940$2,781,279$2,003,020$4,576,568
74$8,204,534$2,840,632$1,993,191$4,861,703
75$8,962,043$2,900,469$1,980,610$5,171,955
76$9,794,319$2,960,739$1,965,107$5,509,830
77$10,708,908$3,021,384$1,946,507$5,878,092
78$11,714,125$3,082,341$1,924,624$6,279,788
79$12,819,132$3,143,541$1,899,264$6,718,277
80$14,034,019$3,204,911$1,870,226$7,197,263
81$15,369,906$3,266,368$1,837,295$7,720,828
82$16,839,043$3,327,826$1,800,251$8,293,476
83$18,454,925$3,389,190$1,758,859$8,920,168
84$20,232,425$3,450,357$1,712,878$9,606,378
85$22,187,924$3,511,217$1,662,052$10,358,137
86$24,339,476$3,571,651$1,606,114$11,182,098
87$26,706,971$3,631,530$1,544,787$12,085,593
88$29,312,323$3,690,716$1,477,779$13,076,707
89$32,179,681$3,749,061$1,404,785$14,164,354
90$35,335,650$3,806,407$1,325,487$15,358,360
91$38,809,547$3,862,582$1,239,552$16,669,558
92$42,633,677$3,917,404$1,146,633$18,109,893
93$46,843,633$3,970,678$1,046,365$19,692,531
94$51,478,636$4,022,193$938,371$21,431,989
95$56,581,903$4,071,727$822,253$23,344,270
96$62,201,055$4,119,040$697,597$25,447,015
97$68,388,567$4,163,877$563,970$27,759,673
98$75,202,259$4,205,966$420,922$30,303,685
99$82,705,847$4,245,016$267,980$33,102,685
100$90,969,539$4,280,717$104,653$36,182,730