Can I retire at age 57 with 775,000?

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 $775,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$63,999$63,429$62,873$62,330$61,800$59,395
2 years$31,683$31,093$30,521$29,966$29,428$27,034
3 years$20,912$20,319$19,749$19,200$18,671$16,363
4 years$15,528$14,937$14,372$13,832$13,316$11,112
5 years$12,298$11,711$11,153$10,624$10,123$8,029
6 years$10,145$9,563$9,014$8,496$8,010$6,027
7 years$8,609$8,031$7,490$6,985$6,514$4,641
8 years$7,456$6,884$6,352$5,860$5,404$3,640
9 years$6,561$5,994$5,471$4,991$4,551$2,893
10 years$5,845$5,283$4,770$4,303$3,878$2,322
11 years$5,259$4,703$4,199$3,745$3,335$1,879
12 years$4,772$4,221$3,727$3,284$2,890$1,529
13 years$4,359$3,815$3,330$2,900$2,520$1,251
14 years$4,006$3,468$2,992$2,574$2,209$1,027
15 years$3,701$3,168$2,701$2,296$1,945$845
16 years$3,434$2,906$2,449$2,055$1,719$698
17 years$3,198$2,677$2,229$1,847$1,524$577
18 years$2,989$2,473$2,034$1,664$1,355$479
19 years$2,802$2,292$1,862$1,504$1,208$397
20 years$2,634$2,130$1,709$1,362$1,079$330
21 years$2,482$1,984$1,572$1,236$966$274
22 years$2,344$1,852$1,449$1,124$866$228
23 years$2,219$1,732$1,338$1,024$777$190
24 years$2,104$1,623$1,237$934$698$158
25 years$1,998$1,523$1,146$853$628$132
26 years$1,901$1,431$1,063$780$566$110
27 years$1,811$1,347$987$714$510$92
28 years$1,727$1,269$917$654$460$77
29 years$1,650$1,198$854$600$416$64
30 years$1,578$1,131$795$550$376$53
31 years$1,510$1,069$741$505$340$45
32 years$1,447$1,012$692$464$307$37
33 years$1,388$958$646$427$278$31
34 years$1,332$908$603$393$252$26
35 years$1,280$861$564$362$228$22
36 years$1,231$817$528$333$207$18
37 years$1,184$776$494$307$187$15
38 years$1,140$738$463$283$170$13
39 years$1,099$702$433$261$154$11
40 years$1,060$667$406$241$140$9
41 years$1,022$635$381$222$127$7
42 years$987$605$357$205$115$6
43 years$953$577$335$189$104$5
44 years$921$550$315$175$95$4
45 years$890$524$296$161$86$4
46 years$861$500$278$149$78$3
47 years$833$477$261$138$71$2
48 years$807$455$245$127$64$2
49 years$781$435$230$118$58$2
50 years$757$415$217$109$53$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $775,000, adding $6,468 every year, while hoping to spend $49,865 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: 76/17/7 Blend
56$775,000$775,000$775,000$775,000
57$860,722$819,647$807,634$924,879
58$895,459$806,753$781,634$955,060
59$932,069$791,557$753,092$981,094
60$970,689$773,892$721,869$1,008,182
61$1,011,470$753,584$687,822$1,036,409
62$1,054,576$730,446$650,801$1,065,868
63$1,100,187$704,282$610,647$1,096,665
64$1,148,499$674,885$567,196$1,128,913
65$1,199,726$642,034$520,277$1,162,742
66$1,254,101$605,497$469,710$1,198,291
67$1,311,881$565,027$415,306$1,235,719
68$1,373,345$520,366$356,871$1,275,199
69$1,438,799$471,236$294,199$1,316,924
70$1,508,579$417,349$227,077$1,361,108
71$1,583,051$358,397$155,282$1,407,987
72$1,662,619$294,055$78,580$1,457,824
73$1,747,722$223,980$0$1,510,909
74$1,838,845$147,810$0$1,567,810
75$1,936,517$65,163$0$1,634,917
76$2,041,320$0$0$1,706,771
77$2,153,893$0$0$1,788,388
78$2,274,935$0$0$1,889,274
79$2,405,216$0$0$1,997,882
80$2,545,580$0$0$2,114,919
81$2,696,954$0$0$2,241,161
82$2,860,358$0$0$2,377,461
83$3,036,911$0$0$2,524,756
84$3,227,844$0$0$2,684,076
85$3,434,509$0$0$2,856,554
86$3,658,392$0$0$3,043,433
87$3,901,129$0$0$3,246,083
88$4,164,516$0$0$3,466,007
89$4,450,532$0$0$3,704,863
90$4,761,349$0$0$3,964,469
91$5,099,362$0$0$4,246,828
92$5,467,201$0$0$4,554,145
93$5,867,762$0$0$4,888,844
94$6,304,232$0$0$5,253,592
95$6,780,118$0$0$5,651,327
96$7,299,279$0$0$6,085,279
97$7,865,964$0$0$6,559,006
98$8,484,848$0$0$7,076,424
99$9,161,080$0$0$7,641,843
100$9,900,327$0$0$8,260,009