Can I retire at age 57 with 411,000?

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 $411,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$33,940$33,638$33,343$33,055$32,774$31,827
2 years$16,802$16,489$16,186$15,892$15,607$14,660
3 years$11,090$10,776$10,473$10,182$9,901$8,985
4 years$8,235$7,921$7,622$7,336$7,062$6,182
5 years$6,522$6,210$5,915$5,634$5,368$4,528
6 years$5,380$5,071$4,780$4,506$4,248$3,448
7 years$4,565$4,259$3,972$3,705$3,455$2,695
8 years$3,954$3,651$3,369$3,108$2,866$2,146
9 years$3,479$3,179$2,902$2,647$2,413$1,733
10 years$3,100$2,802$2,530$2,282$2,056$1,414
11 years$2,789$2,494$2,227$1,986$1,769$1,164
12 years$2,531$2,239$1,976$1,742$1,533$964
13 years$2,312$2,023$1,766$1,538$1,336$802
14 years$2,125$1,839$1,587$1,365$1,172$671
15 years$1,963$1,680$1,432$1,217$1,032$563
16 years$1,821$1,541$1,299$1,090$912$473
17 years$1,696$1,419$1,182$979$808$399
18 years$1,585$1,312$1,079$883$719$337
19 years$1,486$1,216$988$798$641$285
20 years$1,397$1,130$906$722$572$242
21 years$1,316$1,052$834$656$512$205
22 years$1,243$982$768$596$459$174
23 years$1,177$919$709$543$412$148
24 years$1,116$861$656$495$370$126
25 years$1,060$808$608$452$333$107
26 years$1,008$759$564$413$300$91
27 years$960$714$523$378$271$78
28 years$916$673$487$347$244$66
29 years$875$635$453$318$221$57
30 years$837$600$422$292$199$48
31 years$801$567$393$268$180$41
32 years$767$536$367$246$163$35
33 years$736$508$343$226$147$30
34 years$707$482$320$208$134$26
35 years$679$457$299$192$121$22
36 years$653$433$280$177$110$19
37 years$628$412$262$163$99$16
38 years$605$391$245$150$90$14
39 years$583$372$230$138$82$12
40 years$562$354$215$128$74$10
41 years$542$337$202$118$67$8
42 years$523$321$190$109$61$7
43 years$505$306$178$100$55$6
44 years$488$291$167$93$50$5
45 years$472$278$157$86$46$4
46 years$457$265$147$79$41$4
47 years$442$253$138$73$38$3
48 years$428$242$130$67$34$3
49 years$414$231$122$62$31$2
50 years$401$220$115$58$28$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $411,000, adding $3,603 every year, while hoping to spend $25,458 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: 45/39/16 Blend
56$411,000$411,000$411,000$411,000
57$456,638$434,855$428,485$474,944
58$476,129$429,076$415,752$482,306
59$496,753$422,161$401,739$487,448
60$518,602$414,026$386,377$492,476
61$541,771$404,585$369,593$497,392
62$566,366$393,745$351,309$502,196
63$592,505$381,408$331,447$506,895
64$620,314$367,470$309,924$511,494
65$649,931$351,821$286,651$516,003
66$681,509$334,345$261,539$520,435
67$715,214$314,920$234,492$524,807
68$751,230$293,414$205,411$529,139
69$789,755$269,691$174,193$533,459
70$831,010$243,606$140,728$537,796
71$875,235$215,005$104,904$542,189
72$922,694$183,725$66,604$546,684
73$973,677$149,596$25,703$551,333
74$1,028,501$112,435$0$556,198
75$1,087,516$72,052$0$564,417
76$1,151,104$28,245$0$577,891
77$1,219,688$0$0$592,350
78$1,293,729$0$0$616,170
79$1,373,735$0$0$655,046
80$1,460,266$0$0$697,131
81$1,553,935$0$0$742,731
82$1,655,417$0$0$792,178
83$1,765,453$0$0$845,839
84$1,884,861$0$0$904,120
85$2,014,538$0$0$967,463
86$2,155,470$0$0$1,036,357
87$2,308,744$0$0$1,111,341
88$2,475,554$0$0$1,193,005
89$2,657,215$0$0$1,282,000
90$2,855,175$0$0$1,379,043
91$3,071,024$0$0$1,484,923
92$3,306,516$0$0$1,600,506
93$3,563,578$0$0$1,726,749
94$3,844,335$0$0$1,864,702
95$4,151,122$0$0$2,015,525
96$4,486,514$0$0$2,180,490
97$4,853,344$0$0$2,361,003
98$5,254,730$0$0$2,558,609
99$5,694,107$0$0$2,775,009
100$6,175,257$0$0$3,012,077