Can I retire at age 57 with 752,000?

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 $752,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$62,099$61,546$61,007$60,480$59,966$57,655
2 years$30,742$30,170$29,615$29,077$28,555$26,254
3 years$20,291$19,716$19,163$18,630$18,116$15,899
4 years$15,067$14,494$13,946$13,422$12,921$10,802
5 years$11,933$11,363$10,822$10,309$9,822$7,809
6 years$9,844$9,279$8,746$8,244$7,772$5,865
7 years$8,353$7,792$7,268$6,778$6,321$4,519
8 years$7,235$6,679$6,164$5,686$5,244$3,546
9 years$6,366$5,816$5,309$4,843$4,416$2,820
10 years$5,671$5,126$4,628$4,175$3,763$2,265
11 years$5,103$4,564$4,075$3,633$3,236$1,834
12 years$4,630$4,096$3,616$3,187$2,804$1,494
13 years$4,230$3,702$3,231$2,814$2,445$1,222
14 years$3,888$3,365$2,903$2,498$2,144$1,004
15 years$3,591$3,074$2,621$2,227$1,887$828
16 years$3,332$2,820$2,376$1,994$1,668$684
17 years$3,103$2,597$2,162$1,792$1,479$566
18 years$2,900$2,400$1,974$1,615$1,315$469
19 years$2,719$2,224$1,807$1,459$1,172$390
20 years$2,556$2,067$1,658$1,322$1,047$324
21 years$2,409$1,925$1,525$1,199$937$270
22 years$2,275$1,797$1,406$1,091$840$225
23 years$2,153$1,681$1,298$993$754$187
24 years$2,041$1,575$1,201$906$678$156
25 years$1,939$1,478$1,112$827$610$130
26 years$1,844$1,389$1,031$756$549$109
27 years$1,757$1,307$958$692$495$91
28 years$1,676$1,232$890$634$447$76
29 years$1,601$1,162$828$582$403$63
30 years$1,531$1,097$772$534$365$53
31 years$1,465$1,037$719$490$330$44
32 years$1,404$982$671$451$298$37
33 years$1,347$930$627$414$270$31
34 years$1,293$881$586$381$244$26
35 years$1,242$836$547$351$221$22
36 years$1,194$793$512$323$200$18
37 years$1,149$753$479$298$182$15
38 years$1,107$716$449$275$165$13
39 years$1,066$681$421$253$149$11
40 years$1,028$648$394$233$135$9
41 years$992$617$370$215$123$7
42 years$957$587$347$199$112$6
43 years$925$559$325$184$101$5
44 years$893$533$305$169$92$4
45 years$864$509$287$156$83$4
46 years$835$485$269$145$76$3
47 years$808$463$253$134$69$3
48 years$783$442$238$123$62$2
49 years$758$422$224$114$57$2
50 years$734$403$210$105$52$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $752,000, adding $3,341 every year, while hoping to spend $47,938 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: 62/27/11 Blend
56$752,000$752,000$752,000$752,000
57$832,150$792,294$780,638$881,430
58$866,024$780,111$755,784$902,663
59$901,746$765,724$728,490$920,021
60$939,454$748,975$698,625$937,778
61$979,300$729,696$666,050$955,975
62$1,021,446$707,708$630,620$974,657
63$1,066,072$682,825$592,185$993,876
64$1,113,374$654,845$550,585$1,013,691
65$1,163,565$623,560$505,657$1,034,170
66$1,216,880$588,745$457,228$1,055,391
67$1,273,573$550,166$405,116$1,077,440
68$1,333,925$507,572$349,136$1,100,417
69$1,398,243$460,700$289,089$1,124,435
70$1,466,861$409,271$224,770$1,149,620
71$1,540,146$352,991$155,966$1,176,117
72$1,618,503$291,549$82,452$1,204,086
73$1,702,371$224,616$3,995$1,233,710
74$1,792,236$151,845$0$1,265,195
75$1,888,627$72,869$0$1,308,127
76$1,992,129$0$0$1,354,517
77$2,103,380$0$0$1,407,988
78$2,223,082$0$0$1,488,856
79$2,352,007$0$0$1,575,996
80$2,491,000$0$0$1,669,986
81$2,640,991$0$0$1,771,459
82$2,803,003$0$0$1,881,114
83$2,978,158$0$0$1,999,715
84$3,167,690$0$0$2,128,106
85$3,372,956$0$0$2,267,212
86$3,595,447$0$0$2,418,051
87$3,836,803$0$0$2,581,742
88$4,098,828$0$0$2,759,517
89$4,383,506$0$0$2,952,730
90$4,693,018$0$0$3,162,870
91$5,029,767$0$0$3,391,577
92$5,396,393$0$0$3,640,654
93$5,795,802$0$0$3,912,086
94$6,231,194$0$0$4,208,056
95$6,706,089$0$0$4,530,969
96$7,224,362$0$0$4,883,471
97$7,790,278$0$0$5,268,473
98$8,408,531$0$0$5,689,183
99$9,084,291$0$0$6,149,129
100$9,823,249$0$0$6,652,199