Can I retire at age 57 with 630,000?

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 $630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$52,025$51,561$51,109$50,668$50,237$49,062
2 years$25,755$25,275$24,810$24,360$23,922$22,746
3 years$16,999$16,518$16,054$15,607$15,177$14,035
4 years$12,622$12,142$11,683$11,244$10,825$9,726
5 years$9,997$9,520$9,067$8,637$8,229$7,177
6 years$8,247$7,773$7,327$6,907$6,511$5,507
7 years$6,998$6,528$6,089$5,678$5,295$4,339
8 years$6,061$5,596$5,164$4,764$4,393$3,484
9 years$5,333$4,872$4,448$4,057$3,699$2,837
10 years$4,751$4,295$3,878$3,498$3,152$2,335
11 years$4,275$3,823$3,414$3,044$2,711$1,939
12 years$3,879$3,432$3,030$2,670$2,349$1,620
13 years$3,544$3,101$2,707$2,357$2,049$1,361
14 years$3,257$2,819$2,432$2,092$1,796$1,149
15 years$3,008$2,575$2,196$1,866$1,581$973
16 years$2,791$2,363$1,991$1,671$1,397$827
17 years$2,600$2,176$1,812$1,501$1,239$705
18 years$2,430$2,011$1,654$1,353$1,102$602
19 years$2,278$1,863$1,514$1,222$982$515
20 years$2,141$1,732$1,389$1,107$877$441
21 years$2,018$1,613$1,278$1,005$785$378
22 years$1,906$1,506$1,178$914$704$325
23 years$1,804$1,408$1,088$832$632$279
24 years$1,710$1,319$1,006$759$568$240
25 years$1,624$1,238$932$693$511$206
26 years$1,545$1,164$864$634$460$178
27 years$1,472$1,095$802$580$415$153
28 years$1,404$1,032$746$531$374$132
29 years$1,341$973$694$487$338$114
30 years$1,282$919$646$447$305$98
31 years$1,228$869$603$411$276$85
32 years$1,176$822$562$378$250$73
33 years$1,128$779$525$347$226$63
34 years$1,083$738$491$319$205$54
35 years$1,041$700$459$294$185$47
36 years$1,001$664$429$271$168$41
37 years$963$631$402$250$152$35
38 years$927$600$376$230$138$30
39 years$893$570$352$212$125$26
40 years$861$543$330$196$114$23
41 years$831$517$310$180$103$20
42 years$802$492$290$167$93$17
43 years$775$469$273$154$85$15
44 years$749$447$256$142$77$13
45 years$724$426$240$131$70$11
46 years$700$406$226$121$63$9
47 years$677$388$212$112$58$8
48 years$656$370$199$103$52$7
49 years$635$354$187$96$48$6
50 years$615$338$176$88$43$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $630,000, adding $3,642 every year, while hoping to spend $49,711 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: 79/16/5 Blend
56$630,000$630,000$630,000$630,000
57$698,017$664,627$654,862$752,732
58$716,322$644,301$623,907$768,761
59$734,829$621,314$590,250$779,425
60$753,505$595,481$553,747$789,617
61$772,313$566,610$514,248$799,264
62$791,210$534,496$471,597$808,286
63$810,150$498,922$425,631$816,598
64$829,075$459,660$376,180$824,105
65$847,924$416,466$323,065$830,701
66$866,626$369,087$266,101$836,272
67$885,099$317,250$205,094$840,695
68$903,255$260,670$139,840$843,831
69$920,991$199,047$70,128$845,531
70$938,192$132,060$0$845,629
71$954,730$59,374$0$844,175
72$970,461$0$0$844,751
73$985,226$0$0$846,818
74$998,843$0$0$858,329
75$1,011,113$0$0$868,657
76$1,021,811$0$0$877,605
77$1,030,689$0$0$884,957
78$1,037,469$0$0$890,471
79$1,041,842$0$0$893,878
80$1,043,466$0$0$894,878
81$1,041,960$0$0$893,140
82$1,036,899$0$0$888,294
83$1,027,815$0$0$879,932
84$1,014,187$0$0$867,599
85$995,438$0$0$850,793
86$970,926$0$0$828,956
87$939,944$0$0$801,470
88$901,706$0$0$767,651
89$855,344$0$0$726,741
90$799,894$0$0$677,905
91$734,295$0$0$620,213
92$657,367$0$0$552,641
93$567,810$0$0$474,056
94$464,186$0$0$383,204
95$344,903$0$0$278,700
96$208,205$0$0$159,014
97$52,149$0$0$22,454
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0