Can I retire at age 57 with 375,000?

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 $375,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$30,967$30,691$30,422$30,160$29,903$29,432
2 years$15,330$15,045$14,768$14,500$14,240$13,766
3 years$10,119$9,832$9,556$9,290$9,034$8,573
4 years$7,513$7,227$6,954$6,693$6,443$5,998
5 years$5,951$5,666$5,397$5,141$4,898$4,470
6 years$4,909$4,627$4,361$4,111$3,876$3,466
7 years$4,165$3,886$3,624$3,380$3,152$2,760
8 years$3,608$3,331$3,074$2,835$2,615$2,241
9 years$3,175$2,900$2,647$2,415$2,202$1,845
10 years$2,828$2,556$2,308$2,082$1,876$1,537
11 years$2,545$2,276$2,032$1,812$1,614$1,291
12 years$2,309$2,043$1,803$1,589$1,398$1,093
13 years$2,109$1,846$1,611$1,403$1,219$930
14 years$1,939$1,678$1,448$1,245$1,069$795
15 years$1,791$1,533$1,307$1,111$941$682
16 years$1,661$1,406$1,185$995$832$588
17 years$1,547$1,295$1,078$894$738$507
18 years$1,446$1,197$984$805$656$439
19 years$1,356$1,109$901$728$585$381
20 years$1,275$1,031$827$659$522$331
21 years$1,201$960$761$598$467$288
22 years$1,134$896$701$544$419$251
23 years$1,074$838$647$495$376$219
24 years$1,018$785$599$452$338$191
25 years$967$737$554$413$304$167
26 years$920$693$514$377$274$146
27 years$876$652$478$345$247$128
28 years$836$614$444$316$223$112
29 years$798$579$413$290$201$98
30 years$763$547$385$266$182$86
31 years$731$517$359$245$164$75
32 years$700$489$335$225$149$66
33 years$672$464$313$207$135$58
34 years$645$439$292$190$122$51
35 years$619$417$273$175$110$45
36 years$596$396$255$161$100$39
37 years$573$376$239$149$91$34
38 years$552$357$224$137$82$30
39 years$532$339$210$126$74$26
40 years$513$323$197$116$68$23
41 years$495$307$184$107$61$20
42 years$477$293$173$99$56$18
43 years$461$279$162$92$50$16
44 years$446$266$152$84$46$14
45 years$431$254$143$78$42$12
46 years$417$242$134$72$38$11
47 years$403$231$126$67$34$9
48 years$390$220$119$62$31$8
49 years$378$210$111$57$28$7
50 years$366$201$105$53$26$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $375,000, adding $2,885 every year, while hoping to spend $22,641 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: 48/32/20 Blend
56$375,000$375,000$375,000$375,000
57$416,226$396,351$390,538$433,726
58$434,591$391,682$379,532$441,529
59$454,071$386,026$367,397$447,480
60$474,754$379,310$354,074$453,468
61$496,741$371,457$339,496$459,507
62$520,137$362,387$323,598$465,611
63$545,060$352,013$306,308$471,799
64$571,639$340,245$287,552$478,095
65$600,015$326,986$267,254$484,524
66$630,343$312,135$245,334$491,117
67$662,792$295,583$221,706$497,911
68$697,548$277,218$196,284$504,947
69$734,814$256,917$168,975$512,273
70$774,813$234,555$139,685$519,947
71$817,792$209,996$108,312$528,030
72$864,018$183,097$74,752$536,598
73$913,789$153,710$38,897$545,732
74$967,427$121,674$632$555,527
75$1,025,291$86,821$0$566,093
76$1,087,771$48,976$0$586,129
77$1,155,297$7,950$0$607,897
78$1,228,344$0$0$631,444
79$1,307,430$0$0$669,814
80$1,393,127$0$0$714,459
81$1,486,065$0$0$762,912
82$1,586,933$0$0$815,538
83$1,696,493$0$0$872,738
84$1,815,580$0$0$934,954
85$1,945,114$0$0$1,002,672
86$2,086,108$0$0$1,076,426
87$2,239,674$0$0$1,156,805
88$2,407,039$0$0$1,244,456
89$2,589,551$0$0$1,340,091
90$2,788,695$0$0$1,444,495
91$3,006,105$0$0$1,558,532
92$3,243,578$0$0$1,683,151
93$3,503,095$0$0$1,819,399
94$3,786,837$0$0$1,968,429
95$4,097,202$0$0$2,131,508
96$4,436,834$0$0$2,310,034
97$4,808,643$0$0$2,505,544
98$5,215,832$0$0$2,719,733
99$5,661,932$0$0$2,954,466
100$6,150,827$0$0$3,211,797