Can I retire at age 57 with 855,000?

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 $855,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$70,605$69,976$69,363$68,764$68,179$66,289
2 years$34,953$34,302$33,671$33,059$32,466$30,576
3 years$23,071$22,417$21,787$21,182$20,598$18,767
4 years$17,130$16,479$15,856$15,260$14,691$12,933
5 years$13,567$12,920$12,305$11,721$11,168$9,488
6 years$11,193$10,550$9,944$9,374$8,836$7,236
7 years$9,497$8,860$8,264$7,707$7,186$5,666
8 years$8,226$7,594$7,008$6,465$5,962$4,520
9 years$7,238$6,612$6,036$5,507$5,021$3,657
10 years$6,448$5,828$5,262$4,747$4,278$2,989
11 years$5,802$5,189$4,633$4,131$3,679$2,464
12 years$5,264$4,657$4,112$3,624$3,188$2,045
13 years$4,810$4,209$3,673$3,199$2,780$1,706
14 years$4,420$3,826$3,301$2,840$2,437$1,429
15 years$4,083$3,495$2,980$2,533$2,146$1,201
16 years$3,788$3,206$2,702$2,268$1,897$1,013
17 years$3,528$2,953$2,459$2,037$1,682$856
18 years$3,297$2,729$2,244$1,836$1,495$725
19 years$3,091$2,529$2,055$1,659$1,333$615
20 years$2,906$2,350$1,886$1,503$1,190$522
21 years$2,738$2,189$1,734$1,364$1,065$444
22 years$2,586$2,043$1,599$1,240$955$378
23 years$2,448$1,911$1,476$1,129$857$322
24 years$2,321$1,790$1,365$1,030$770$275
25 years$2,204$1,680$1,264$941$693$234
26 years$2,097$1,579$1,173$860$624$200
27 years$1,998$1,486$1,089$787$563$171
28 years$1,906$1,400$1,012$721$508$146
29 years$1,820$1,321$942$661$459$125
30 years$1,740$1,248$877$607$414$107
31 years$1,666$1,179$818$557$375$91
32 years$1,596$1,116$763$512$339$78
33 years$1,531$1,057$713$471$307$67
34 years$1,470$1,002$666$433$278$57
35 years$1,412$950$622$399$252$49
36 years$1,358$902$582$368$228$42
37 years$1,307$856$545$339$207$36
38 years$1,258$814$510$312$187$31
39 years$1,212$774$478$288$170$26
40 years$1,169$736$448$265$154$22
41 years$1,128$701$420$245$140$19
42 years$1,089$668$394$226$127$16
43 years$1,051$636$370$209$115$14
44 years$1,016$606$347$193$104$12
45 years$982$578$326$178$95$10
46 years$950$552$306$164$86$9
47 years$919$526$288$152$78$8
48 years$890$502$270$140$71$6
49 years$862$480$254$130$64$6
50 years$835$458$239$120$59$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $855,000, adding $3,520 every year, while hoping to spend $27,612 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: 75/7/18 Blend
56$855,000$855,000$855,000$855,000
57$945,841$900,526$887,273$1,012,610
58$1,012,938$915,273$887,618$1,072,050
59$1,085,953$929,817$887,049$1,133,439
60$1,165,461$944,119$885,506$1,199,998
61$1,252,095$958,137$882,927$1,272,235
62$1,346,549$971,826$879,246$1,350,709
63$1,449,590$985,139$874,393$1,436,037
64$1,562,060$998,023$868,298$1,528,899
65$1,684,888$1,010,424$860,884$1,630,043
66$1,819,095$1,022,282$852,071$1,740,295
67$1,965,804$1,033,536$841,777$1,860,564
68$2,126,254$1,044,118$829,915$1,991,852
69$2,301,809$1,053,956$816,394$2,135,263
70$2,493,968$1,062,974$801,117$2,292,015
71$2,704,385$1,071,092$783,987$2,463,449
72$2,934,879$1,078,223$764,898$2,651,044
73$3,187,455$1,084,274$743,740$2,856,429
74$3,464,321$1,089,148$720,400$3,081,401
75$3,767,906$1,092,741$694,758$3,327,939
76$4,100,889$1,094,942$666,690$3,598,224
77$4,466,219$1,095,634$636,063$3,894,662
78$4,867,145$1,094,691$602,743$4,219,903
79$5,307,244$1,091,982$566,585$4,576,867
80$5,790,459$1,087,364$527,441$4,968,776
81$6,321,130$1,080,690$485,155$5,399,176
82$6,904,041$1,071,799$439,563$5,871,981
83$7,544,462$1,060,526$390,497$6,391,500
84$8,248,195$1,046,690$337,777$6,962,485
85$9,021,637$1,030,103$281,218$7,590,173
86$9,871,831$1,010,566$220,626$8,280,336
87$10,806,540$987,866$155,800$9,039,336
88$11,834,315$961,779$86,526$9,874,184
89$12,964,576$932,067$12,586$10,792,610
90$14,207,703$898,478$0$11,803,130
91$15,575,132$860,747$0$12,927,870
92$17,079,464$818,592$0$14,167,847
93$18,734,581$771,716$0$15,532,094
94$20,555,780$719,801$0$17,033,228
95$22,559,915$662,517$0$18,685,157
96$24,765,557$599,510$0$20,503,201
97$27,193,166$530,409$0$22,504,245
98$29,865,290$454,820$0$24,706,894
99$32,806,770$372,327$0$27,131,650
100$36,044,981$282,491$0$29,801,105