Can I retire at age 57 with 2,700,000?

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 $2,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$222,963$220,977$219,040$217,149$215,302$207,828
2 years$110,378$108,322$106,330$104,398$102,525$95,072
3 years$72,854$70,790$68,803$66,889$65,046$57,849
4 years$54,096$52,038$50,071$48,190$46,391$39,505
5 years$42,844$40,798$38,857$37,014$35,266$28,708
6 years$35,345$33,315$31,402$29,601$27,905$21,681
7 years$29,991$27,978$26,095$24,336$22,694$16,803
8 years$25,977$23,982$22,131$20,415$18,827$13,263
9 years$22,857$20,881$19,061$17,389$15,855$10,612
10 years$20,362$18,405$16,618$14,990$13,509$8,579
11 years$18,323$16,385$14,630$13,045$11,618$6,990
12 years$16,624$14,707$12,984$11,443$10,068$5,731
13 years$15,188$13,290$11,600$10,102$8,780$4,723
14 years$13,958$12,081$10,423$8,968$7,696$3,907
15 years$12,893$11,036$9,411$7,997$6,776$3,243
16 years$11,962$10,125$8,532$7,161$5,989$2,699
17 years$11,141$9,325$7,764$6,434$5,310$2,251
18 years$10,413$8,617$7,087$5,798$4,722$1,881
19 years$9,762$7,986$6,488$5,239$4,208$1,574
20 years$9,176$7,421$5,954$4,745$3,759$1,319
21 years$8,648$6,912$5,477$4,307$3,364$1,106
22 years$8,167$6,452$5,048$3,916$3,015$928
23 years$7,730$6,035$4,661$3,566$2,707$780
24 years$7,329$5,654$4,310$3,252$2,433$655
25 years$6,961$5,306$3,992$2,970$2,189$551
26 years$6,622$4,987$3,703$2,716$1,972$464
27 years$6,308$4,693$3,438$2,486$1,778$390
28 years$6,018$4,422$3,196$2,278$1,604$328
29 years$5,748$4,172$2,974$2,089$1,449$277
30 years$5,496$3,940$2,771$1,917$1,309$233
31 years$5,261$3,725$2,583$1,760$1,183$196
32 years$5,041$3,524$2,410$1,618$1,070$165
33 years$4,835$3,338$2,250$1,488$969$139
34 years$4,642$3,163$2,102$1,369$877$117
35 years$4,460$3,000$1,966$1,260$794$99
36 years$4,288$2,848$1,839$1,161$720$83
37 years$4,126$2,705$1,721$1,069$652$70
38 years$3,973$2,570$1,612$986$591$59
39 years$3,829$2,444$1,510$909$536$50
40 years$3,691$2,325$1,415$838$486$42
41 years$3,561$2,214$1,327$773$441$35
42 years$3,437$2,108$1,245$714$400$30
43 years$3,320$2,009$1,168$659$363$25
44 years$3,208$1,915$1,097$608$330$21
45 years$3,101$1,826$1,030$562$299$18
46 years$3,000$1,742$967$519$272$15
47 years$2,903$1,662$909$479$247$13
48 years$2,810$1,587$854$443$224$11
49 years$2,721$1,515$802$409$204$9
50 years$2,636$1,447$754$378$185$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $2,700,000, adding $2,767 every year, while hoping to spend $44,390 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: 61/34/5 Blend
56$2,700,000$2,700,000$2,700,000$2,700,000
57$2,978,254$2,835,154$2,793,304$3,157,342
58$3,234,805$2,926,846$2,839,649$3,368,933
59$3,516,037$3,021,543$2,886,059$3,594,276
60$3,824,420$3,119,346$2,932,489$3,838,982
61$4,162,675$3,220,358$2,978,891$4,104,916
62$4,533,799$3,324,686$3,025,216$4,394,128
63$4,941,093$3,432,443$3,071,407$4,708,875
64$5,388,194$3,543,742$3,117,409$5,051,638
65$5,879,108$3,658,703$3,163,160$5,425,150
66$6,418,246$3,777,449$3,208,595$5,832,418
67$7,010,469$3,900,106$3,253,645$6,276,751
68$7,661,133$4,026,807$3,298,237$6,761,792
69$8,376,135$4,157,687$3,342,295$7,291,551
70$9,161,975$4,292,888$3,385,736$7,870,442
71$10,025,812$4,432,555$3,428,474$8,503,327
72$10,975,534$4,576,839$3,470,417$9,195,556
73$12,019,831$4,725,897$3,511,468$9,953,022
74$13,168,277$4,879,889$3,551,526$10,782,214
75$14,431,421$5,038,983$3,590,481$11,690,277
76$15,820,884$5,203,352$3,628,222$12,685,080
77$17,349,474$5,373,176$3,664,626$13,775,288
78$19,031,297$5,548,638$3,699,568$14,970,445
79$20,881,900$5,729,932$3,732,914$16,281,064
80$22,918,411$5,917,256$3,764,524$17,718,721
81$25,159,702$6,110,815$3,794,249$19,296,170
82$27,626,569$6,310,822$3,821,933$21,027,457
83$30,341,925$6,517,498$3,847,414$22,928,056
84$33,331,016$6,731,070$3,870,517$25,015,010
85$36,621,663$6,951,776$3,891,062$27,307,095
86$40,244,518$7,179,859$3,908,859$29,824,995
87$44,233,359$7,415,572$3,923,706$32,591,496
88$48,625,405$7,659,178$3,935,393$35,631,700
89$53,461,667$7,910,948$3,943,699$38,973,262
90$58,787,336$8,171,164$3,948,393$42,646,648
91$64,652,210$8,440,117$3,949,230$46,685,425
92$71,111,161$8,718,109$3,945,955$51,126,574
93$78,224,655$9,005,451$3,938,299$56,010,838
94$86,059,320$9,302,468$3,925,982$61,383,109
95$94,688,576$9,609,495$3,908,709$67,292,846
96$104,193,330$9,926,880$3,886,170$73,794,543
97$114,662,734$10,254,981$3,858,041$80,948,242
98$126,195,031$10,594,173$3,823,983$88,820,100
99$138,898,477$10,944,841$3,783,639$97,483,010
100$152,892,369$11,307,385$3,736,639$107,017,288