Can I retire at age 57 with 3,900,000?

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 $3,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$322,058$319,190$316,391$313,659$310,991$301,762
2 years$159,435$156,466$153,588$150,798$148,091$138,869
3 years$105,234$102,252$99,381$96,617$93,955$85,029
4 years$78,139$75,166$72,324$69,607$67,010$58,448
5 years$61,886$58,931$56,127$53,465$50,940$42,766
6 years$51,055$48,122$45,359$42,757$40,307$32,529
7 years$43,321$40,412$37,693$35,153$32,780$25,397
8 years$37,523$34,641$31,967$29,489$27,194$20,202
9 years$33,016$30,161$27,533$25,118$22,902$16,293
10 years$29,412$26,586$24,004$21,652$19,513$13,279
11 years$26,466$23,668$21,133$18,843$16,782$10,911
12 years$24,013$21,243$18,755$16,528$14,543$9,024
13 years$21,938$19,197$16,756$14,592$12,682$7,501
14 years$20,161$17,450$15,055$12,953$11,117$6,262
15 years$18,623$15,941$13,593$11,552$9,788$5,246
16 years$17,278$14,625$12,324$10,343$8,651$4,407
17 years$16,093$13,469$11,214$9,294$7,670$3,711
18 years$15,041$12,446$10,237$8,375$6,820$3,131
19 years$14,100$11,535$9,372$7,568$6,079$2,646
20 years$13,255$10,719$8,601$6,854$5,430$2,239
21 years$12,491$9,984$7,911$6,221$4,859$1,896
22 years$11,797$9,320$7,291$5,656$4,355$1,608
23 years$11,165$8,717$6,732$5,151$3,910$1,365
24 years$10,586$8,167$6,226$4,698$3,514$1,159
25 years$10,055$7,664$5,767$4,290$3,162$985
26 years$9,565$7,203$5,348$3,923$2,848$837
27 years$9,112$6,779$4,966$3,591$2,568$712
28 years$8,692$6,388$4,617$3,290$2,317$606
29 years$8,302$6,026$4,296$3,017$2,092$516
30 years$7,939$5,691$4,002$2,769$1,891$439
31 years$7,599$5,380$3,731$2,543$1,709$374
32 years$7,282$5,091$3,481$2,337$1,546$318
33 years$6,984$4,821$3,250$2,149$1,399$271
34 years$6,705$4,569$3,037$1,977$1,267$231
35 years$6,442$4,334$2,839$1,820$1,147$197
36 years$6,194$4,113$2,656$1,676$1,040$168
37 years$5,960$3,907$2,486$1,545$942$143
38 years$5,739$3,713$2,328$1,424$854$122
39 years$5,530$3,531$2,181$1,313$775$104
40 years$5,332$3,359$2,044$1,211$703$88
41 years$5,144$3,197$1,917$1,117$637$75
42 years$4,965$3,045$1,798$1,031$578$64
43 years$4,795$2,901$1,687$952$525$55
44 years$4,634$2,766$1,584$879$477$47
45 years$4,480$2,637$1,487$812$433$40
46 years$4,333$2,516$1,397$750$393$34
47 years$4,193$2,401$1,312$693$357$29
48 years$4,059$2,292$1,233$640$324$25
49 years$3,930$2,189$1,159$591$294$21
50 years$3,808$2,091$1,090$547$267$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $3,900,000, adding $3,395 every year, while hoping to spend $49,794 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: 64/30/6 Blend
56$3,900,000$3,900,000$3,900,000$3,900,000
57$4,301,302$4,094,602$4,034,152$4,572,064
58$4,687,054$4,242,257$4,116,316$4,900,321
59$5,110,485$4,395,478$4,199,563$5,252,475
60$5,575,383$4,554,486$4,283,877$5,635,768
61$6,085,926$4,719,509$4,369,241$6,053,215
62$6,646,712$4,890,787$4,455,632$6,508,135
63$7,262,809$5,068,568$4,543,029$7,004,178
64$7,939,800$5,253,112$4,631,404$7,545,362
65$8,683,833$5,444,688$4,720,730$8,136,107
66$9,501,684$5,643,578$4,810,974$8,781,277
67$10,400,817$5,850,075$4,902,103$9,486,229
68$11,389,455$6,064,483$4,994,078$10,256,854
69$12,476,659$6,287,122$5,086,859$11,099,642
70$13,672,410$6,518,323$5,180,401$12,021,733
71$14,987,707$6,758,431$5,274,655$13,030,990
72$16,434,666$7,007,807$5,369,569$14,136,071
73$18,026,638$7,266,827$5,465,086$15,346,505
74$19,778,334$7,535,880$5,561,146$16,672,787
75$21,705,963$7,815,376$5,657,682$18,126,473
76$23,827,381$8,105,740$5,754,625$19,720,288
77$26,162,268$8,407,416$5,851,899$21,468,245
78$28,732,305$8,720,864$5,949,423$23,385,777
79$31,561,382$9,046,569$6,047,111$25,489,880
80$34,675,825$9,385,032$6,144,870$27,799,273
81$38,104,638$9,736,778$6,242,603$30,334,572
82$41,879,785$10,102,354$6,340,204$33,118,486
83$46,036,484$10,482,330$6,437,562$36,176,026
84$50,613,542$10,877,302$6,534,557$39,534,743
85$55,653,723$11,287,888$6,631,064$43,224,984
86$61,204,146$11,714,738$6,726,948$47,280,178
87$67,316,735$12,158,527$6,822,067$51,737,150
88$74,048,706$12,619,959$6,916,270$56,636,465
89$81,463,106$13,099,769$7,009,397$62,022,811
90$89,629,411$13,598,725$7,101,280$67,945,419
91$98,624,176$14,117,628$7,191,738$74,458,524
92$108,531,763$14,657,313$7,280,582$81,621,876
93$119,445,133$15,218,652$7,367,612$89,501,300
94$131,466,726$15,802,555$7,452,616$98,169,320
95$144,709,424$16,409,972$7,535,371$107,705,834
96$159,297,619$17,041,895$7,615,640$118,198,871
97$175,368,388$17,699,359$7,693,175$129,745,419
98$193,072,781$18,383,445$7,767,714$142,452,336
99$212,577,251$19,095,280$7,838,979$156,437,356
100$234,065,226$19,836,044$7,906,680$171,830,199