Can I retire at age 57 with 522,000?

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 $522,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$43,106$42,722$42,348$41,982$41,625$40,919
2 years$21,340$20,942$20,557$20,184$19,821$19,112
3 years$14,085$13,686$13,302$12,932$12,576$11,885
4 years$10,459$10,061$9,680$9,317$8,969$8,303
5 years$8,283$7,888$7,512$7,156$6,818$6,178
6 years$6,833$6,441$6,071$5,723$5,395$4,782
7 years$5,798$5,409$5,045$4,705$4,388$3,802
8 years$5,022$4,637$4,279$3,947$3,640$3,081
9 years$4,419$4,037$3,685$3,362$3,065$2,533
10 years$3,937$3,558$3,213$2,898$2,612$2,106
11 years$3,542$3,168$2,829$2,522$2,246$1,766
12 years$3,214$2,843$2,510$2,212$1,947$1,491
13 years$2,936$2,569$2,243$1,953$1,697$1,267
14 years$2,699$2,336$2,015$1,734$1,488$1,081
15 years$2,493$2,134$1,819$1,546$1,310$926
16 years$2,313$1,958$1,650$1,384$1,158$796
17 years$2,154$1,803$1,501$1,244$1,027$686
18 years$2,013$1,666$1,370$1,121$913$592
19 years$1,887$1,544$1,254$1,013$814$512
20 years$1,774$1,435$1,151$917$727$444
21 years$1,672$1,336$1,059$833$650$386
22 years$1,579$1,247$976$757$583$335
23 years$1,494$1,167$901$689$523$292
24 years$1,417$1,093$833$629$470$254
25 years$1,346$1,026$772$574$423$221
26 years$1,280$964$716$525$381$193
27 years$1,220$907$665$481$344$169
28 years$1,163$855$618$440$310$147
29 years$1,111$807$575$404$280$129
30 years$1,063$762$536$371$253$112
31 years$1,017$720$499$340$229$98
32 years$975$681$466$313$207$86
33 years$935$645$435$288$187$75
34 years$897$612$406$265$170$66
35 years$862$580$380$244$154$58
36 years$829$551$356$224$139$50
37 years$798$523$333$207$126$44
38 years$768$497$312$191$114$39
39 years$740$473$292$176$104$34
40 years$714$450$274$162$94$30
41 years$688$428$257$150$85$26
42 years$665$408$241$138$77$23
43 years$642$388$226$127$70$20
44 years$620$370$212$118$64$17
45 years$600$353$199$109$58$15
46 years$580$337$187$100$53$13
47 years$561$321$176$93$48$12
48 years$543$307$165$86$43$10
49 years$526$293$155$79$39$9
50 years$510$280$146$73$36$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $522,000, adding $6,215 every year, while hoping to spend $40,287 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: 84/6/10 Blend
56$522,000$522,000$522,000$522,000
57$581,655$553,989$545,898$629,123
58$598,119$538,269$521,320$645,366
59$614,911$520,429$494,569$657,147
60$632,024$500,322$465,529$668,849
61$649,446$477,793$434,080$680,440
62$667,163$452,678$400,095$691,884
63$685,158$424,804$363,443$703,140
64$703,412$393,988$323,986$714,165
65$721,902$360,035$281,581$724,910
66$740,600$322,740$236,078$735,323
67$759,474$281,888$187,320$745,344
68$778,489$237,249$135,144$754,907
69$797,603$188,582$79,378$763,943
70$816,766$135,630$19,846$772,371
71$835,925$78,125$0$780,106
72$855,018$15,781$0$791,713
73$873,973$0$0$804,989
74$892,713$0$0$821,134
75$911,145$0$0$838,031
76$929,170$0$0$854,547
77$946,674$0$0$870,575
78$963,530$0$0$885,996
79$979,593$0$0$900,680
80$994,706$0$0$914,477
81$1,008,689$0$0$927,222
82$1,021,342$0$0$938,730
83$1,032,444$0$0$948,795
84$1,041,746$0$0$957,188
85$1,048,972$0$0$963,653
86$1,053,817$0$0$967,905
87$1,055,938$0$0$969,629
88$1,054,955$0$0$968,473
89$1,050,450$0$0$964,048
90$1,041,953$0$0$955,920
91$1,028,946$0$0$943,610
92$1,010,855$0$0$926,584
93$987,044$0$0$904,254
94$956,805$0$0$875,966
95$919,359$0$0$840,996
96$873,839$0$0$798,543
97$819,288$0$0$747,720
98$754,647$0$0$687,547
99$678,744$0$0$616,938
100$590,283$0$0$534,694