Can I retire at age 57 with 425,000?

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 $425,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$35,096$34,783$34,478$34,181$33,890$33,165
2 years$17,374$17,051$16,737$16,433$16,138$15,411
3 years$11,468$11,143$10,830$10,529$10,239$9,533
4 years$8,515$8,191$7,881$7,585$7,302$6,623
5 years$6,744$6,422$6,116$5,826$5,551$4,899
6 years$5,564$5,244$4,943$4,659$4,392$3,770
7 years$4,721$4,404$4,108$3,831$3,572$2,978
8 years$4,089$3,775$3,484$3,213$2,963$2,398
9 years$3,598$3,287$3,000$2,737$2,496$1,959
10 years$3,205$2,897$2,616$2,359$2,126$1,618
11 years$2,884$2,579$2,303$2,053$1,829$1,347
12 years$2,617$2,315$2,044$1,801$1,585$1,130
13 years$2,391$2,092$1,826$1,590$1,382$952
14 years$2,197$1,902$1,641$1,412$1,211$807
15 years$2,029$1,737$1,481$1,259$1,067$686
16 years$1,883$1,594$1,343$1,127$943$585
17 years$1,754$1,468$1,222$1,013$836$500
18 years$1,639$1,356$1,116$913$743$428
19 years$1,537$1,257$1,021$825$662$368
20 years$1,444$1,168$937$747$592$316
21 years$1,361$1,088$862$678$530$272
22 years$1,286$1,016$795$616$475$235
23 years$1,217$950$734$561$426$202
24 years$1,154$890$679$512$383$175
25 years$1,096$835$628$468$345$151
26 years$1,042$785$583$428$310$131
27 years$993$739$541$391$280$113
28 years$947$696$503$359$253$98
29 years$905$657$468$329$228$85
30 years$865$620$436$302$206$73
31 years$828$586$407$277$186$64
32 years$794$555$379$255$168$55
33 years$761$525$354$234$152$48
34 years$731$498$331$215$138$41
35 years$702$472$309$198$125$36
36 years$675$448$289$183$113$31
37 years$650$426$271$168$103$27
38 years$625$405$254$155$93$23
39 years$603$385$238$143$84$20
40 years$581$366$223$132$77$18
41 years$561$348$209$122$69$15
42 years$541$332$196$112$63$13
43 years$523$316$184$104$57$12
44 years$505$301$173$96$52$10
45 years$488$287$162$88$47$9
46 years$472$274$152$82$43$8
47 years$457$262$143$75$39$7
48 years$442$250$134$70$35$6
49 years$428$239$126$64$32$5
50 years$415$228$119$60$29$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $425,000, adding $2,594 every year, while hoping to spend $22,373 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: 33/42/25 Blend
56$425,000$425,000$425,000$425,000
57$471,026$448,501$441,913$482,905
58$495,266$446,673$432,913$490,248
59$521,228$444,005$422,861$495,964
60$549,065$440,433$411,698$501,678
61$578,944$435,889$399,364$507,404
62$611,048$430,298$385,794$513,161
63$645,577$423,585$370,921$518,971
64$682,752$415,668$354,673$524,859
65$722,817$406,459$336,978$530,856
66$766,036$395,867$317,759$536,999
67$812,702$383,795$296,935$543,331
68$863,137$370,141$274,421$549,901
69$917,694$354,795$250,132$556,768
70$976,762$337,642$223,973$563,999
71$1,040,766$318,561$195,851$571,670
72$1,110,176$297,422$165,664$579,869
73$1,185,508$274,091$133,308$588,698
74$1,267,331$248,422$98,675$598,270
75$1,356,267$220,263$61,649$608,718
76$1,453,005$189,455$22,113$620,188
77$1,558,300$155,826$0$632,850
78$1,672,983$119,198$0$652,248
79$1,797,969$79,381$0$679,885
80$1,934,266$36,174$0$710,133
81$2,082,981$0$0$743,302
82$2,245,335$0$0$784,652
83$2,422,671$0$0$848,137
84$2,616,467$0$0$917,577
85$2,828,350$0$0$993,562
86$3,060,113$0$0$1,076,742
87$3,313,729$0$0$1,167,835
88$3,591,371$0$0$1,267,629
89$3,895,431$0$0$1,376,994
90$4,228,544$0$0$1,496,886
91$4,593,611$0$0$1,628,359
92$4,993,829$0$0$1,772,574
93$5,432,716$0$0$1,930,810
94$5,914,150$0$0$2,104,476
95$6,442,399$0$0$2,295,121
96$7,022,168$0$0$2,504,457
97$7,658,637$0$0$2,734,365
98$8,357,511$0$0$2,986,918
99$9,125,079$0$0$3,264,402
100$9,968,264$0$0$3,569,333