Can I retire at age 57 with 765,000?

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 $765,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$63,173$62,610$62,061$61,525$61,002$59,844
2 years$31,274$30,691$30,127$29,580$29,049$27,886
3 years$20,642$20,057$19,494$18,952$18,430$17,299
4 years$15,327$14,744$14,187$13,654$13,144$12,055
5 years$12,139$11,560$11,009$10,487$9,992$8,946
6 years$10,015$9,439$8,897$8,387$7,906$6,906
7 years$8,498$7,927$7,394$6,895$6,430$5,475
8 years$7,360$6,795$6,270$5,784$5,334$4,424
9 years$6,476$5,916$5,401$4,927$4,492$3,626
10 years$5,769$5,215$4,708$4,247$3,828$3,006
11 years$5,191$4,642$4,145$3,696$3,292$2,513
12 years$4,710$4,167$3,679$3,242$2,853$2,115
13 years$4,303$3,766$3,287$2,862$2,488$1,790
14 years$3,955$3,423$2,953$2,541$2,181$1,522
15 years$3,653$3,127$2,666$2,266$1,920$1,300
16 years$3,389$2,869$2,417$2,029$1,697$1,113
17 years$3,157$2,642$2,200$1,823$1,505$956
18 years$2,950$2,441$2,008$1,643$1,338$822
19 years$2,766$2,263$1,838$1,484$1,192$709
20 years$2,600$2,103$1,687$1,344$1,065$612
21 years$2,450$1,958$1,552$1,220$953$530
22 years$2,314$1,828$1,430$1,109$854$459
23 years$2,190$1,710$1,321$1,010$767$398
24 years$2,077$1,602$1,221$922$689$345
25 years$1,972$1,503$1,131$842$620$299
26 years$1,876$1,413$1,049$770$559$260
27 years$1,787$1,330$974$704$504$226
28 years$1,705$1,253$906$645$455$197
29 years$1,628$1,182$843$592$410$171
30 years$1,557$1,116$785$543$371$149
31 years$1,491$1,055$732$499$335$130
32 years$1,428$999$683$458$303$113
33 years$1,370$946$638$422$274$98
34 years$1,315$896$596$388$249$86
35 years$1,264$850$557$357$225$75
36 years$1,215$807$521$329$204$65
37 years$1,169$766$488$303$185$57
38 years$1,126$728$457$279$168$50
39 years$1,085$693$428$257$152$43
40 years$1,046$659$401$237$138$38
41 years$1,009$627$376$219$125$33
42 years$974$597$353$202$113$29
43 years$941$569$331$187$103$25
44 years$909$542$311$172$93$22
45 years$879$517$292$159$85$19
46 years$850$493$274$147$77$17
47 years$822$471$257$136$70$14
48 years$796$450$242$126$64$13
49 years$771$429$227$116$58$11
50 years$747$410$214$107$52$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $765,000, adding $5,002 every year, while hoping to spend $56,403 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: 43/39/18 Blend
56$765,000$765,000$765,000$765,000
57$848,190$807,645$795,787$880,023
58$874,693$787,207$762,434$882,512
59$902,008$763,877$726,072$879,278
60$930,161$737,454$686,543$874,589
61$959,173$707,726$643,678$868,339
62$989,070$674,466$597,303$860,415
63$1,019,876$637,435$547,234$850,697
64$1,051,617$596,384$493,280$839,058
65$1,084,319$551,043$435,241$825,365
66$1,118,007$501,132$372,910$809,476
67$1,152,709$446,353$306,067$791,242
68$1,188,452$386,390$234,487$770,504
69$1,225,262$320,912$157,930$747,095
70$1,263,168$249,566$76,150$720,839
71$1,302,198$171,981$0$691,549
72$1,342,380$87,766$0$661,164
73$1,383,742$0$0$643,087
74$1,426,313$0$0$624,011
75$1,470,121$0$0$643,136
76$1,515,195$0$0$662,809
77$1,561,562$0$0$683,043
78$1,609,252$0$0$703,848
79$1,658,290$0$0$725,236
80$1,708,705$0$0$747,218
81$1,760,522$0$0$769,804
82$1,813,766$0$0$793,005
83$1,868,463$0$0$816,829
84$1,924,633$0$0$841,287
85$1,982,299$0$0$866,384
86$2,041,479$0$0$892,130
87$2,102,191$0$0$918,528
88$2,164,448$0$0$945,585
89$2,228,262$0$0$973,302
90$2,293,642$0$0$1,001,681
91$2,360,590$0$0$1,030,722
92$2,429,106$0$0$1,060,421
93$2,499,184$0$0$1,090,774
94$2,570,814$0$0$1,121,771
95$2,643,976$0$0$1,153,402
96$2,718,644$0$0$1,185,651
97$2,794,787$0$0$1,218,499
98$2,872,359$0$0$1,251,924
99$2,951,307$0$0$1,285,895
100$3,031,566$0$0$1,320,380