Can I retire at age 52 with 880,000?

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 $880,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$72,670$72,022$71,391$70,774$70,172$69,152
2 years$35,975$35,305$34,656$34,026$33,415$32,390
3 years$23,745$23,072$22,425$21,801$21,200$20,201
4 years$17,631$16,961$16,319$15,706$15,120$14,155
5 years$13,964$13,297$12,664$12,064$11,494$10,566
6 years$11,520$10,858$10,235$9,648$9,095$8,205
7 years$9,775$9,119$8,505$7,932$7,397$6,545
8 years$8,467$7,816$7,213$6,654$6,136$5,322
9 years$7,450$6,806$6,213$5,668$5,168$4,392
10 years$6,637$5,999$5,416$4,886$4,403$3,664
11 years$5,972$5,340$4,768$4,252$3,787$3,084
12 years$5,418$4,793$4,232$3,729$3,281$2,615
13 years$4,950$4,332$3,781$3,293$2,862$2,229
14 years$4,549$3,937$3,397$2,923$2,508$1,910
15 years$4,202$3,597$3,067$2,607$2,209$1,643
16 years$3,899$3,300$2,781$2,334$1,952$1,418
17 years$3,631$3,039$2,530$2,097$1,731$1,227
18 years$3,394$2,808$2,310$1,890$1,539$1,064
19 years$3,182$2,603$2,115$1,708$1,372$925
20 years$2,991$2,419$1,941$1,547$1,225$806
21 years$2,818$2,253$1,785$1,404$1,096$703
22 years$2,662$2,103$1,645$1,276$983$614
23 years$2,519$1,967$1,519$1,162$882$536
24 years$2,389$1,843$1,405$1,060$793$469
25 years$2,269$1,729$1,301$968$714$411
26 years$2,158$1,625$1,207$885$643$360
27 years$2,056$1,530$1,121$810$579$316
28 years$1,961$1,441$1,042$742$523$277
29 years$1,873$1,360$969$681$472$243
30 years$1,791$1,284$903$625$427$214
31 years$1,715$1,214$842$574$386$188
32 years$1,643$1,149$785$527$349$165
33 years$1,576$1,088$733$485$316$145
34 years$1,513$1,031$685$446$286$128
35 years$1,454$978$641$411$259$112
36 years$1,398$928$599$378$235$99
37 years$1,345$882$561$349$213$87
38 years$1,295$838$525$321$193$77
39 years$1,248$797$492$296$175$67
40 years$1,203$758$461$273$159$59
41 years$1,161$721$433$252$144$52
42 years$1,120$687$406$233$131$46
43 years$1,082$655$381$215$118$40
44 years$1,046$624$357$198$108$36
45 years$1,011$595$336$183$98$31
46 years$978$568$315$169$89$28
47 years$946$542$296$156$80$24
48 years$916$517$278$144$73$21
49 years$887$494$262$133$66$19
50 years$859$472$246$123$60$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $880,000, adding $6,853 every year, while hoping to spend $28,110 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: 60/24/16 Blend
51$880,000$880,000$880,000$880,000
52$976,829$930,189$916,549$1,031,070
53$1,046,557$945,859$917,344$1,084,147
54$1,122,454$961,355$917,225$1,138,286
55$1,205,122$976,639$916,129$1,196,689
56$1,295,219$991,669$913,994$1,259,771
57$1,393,472$1,006,402$910,754$1,327,990
58$1,500,681$1,020,790$906,338$1,401,852
59$1,617,725$1,034,783$900,675$1,481,913
60$1,745,572$1,048,326$893,686$1,568,789
61$1,885,289$1,061,363$885,294$1,663,156
62$2,038,050$1,073,831$875,412$1,765,761
63$2,205,146$1,085,665$863,954$1,877,427
64$2,388,002$1,096,793$850,828$1,999,064
65$2,588,185$1,107,142$835,937$2,131,671
66$2,807,419$1,116,631$819,180$2,276,353
67$3,047,604$1,125,175$800,451$2,434,329
68$3,310,835$1,132,684$779,641$2,606,940
69$3,599,414$1,139,060$756,634$2,795,667
70$3,915,882$1,144,200$731,308$3,002,143
71$4,263,032$1,147,997$703,537$3,228,167
72$4,643,946$1,150,333$673,190$3,475,726
73$5,062,015$1,151,086$640,128$3,747,009
74$5,520,974$1,150,123$604,207$4,044,428
75$6,024,941$1,147,306$565,275$4,370,645
76$6,578,448$1,142,488$523,175$4,728,595
77$7,186,490$1,135,510$477,742$5,121,514
78$7,854,569$1,126,207$428,803$5,552,968
79$8,588,747$1,114,403$376,180$6,026,893
80$9,395,701$1,099,910$319,683$6,547,625
81$10,282,787$1,082,531$259,118$7,119,947
82$11,258,111$1,062,055$194,278$7,749,130
83$12,330,603$1,038,259$124,950$8,440,988
84$13,510,099$1,010,909$50,911$9,201,929
85$14,807,440$979,754$0$10,039,020
86$16,234,568$944,531$0$10,964,847
87$17,804,641$904,961$0$11,992,789
88$19,532,158$860,747$0$13,123,657
89$21,433,092$811,577$0$14,367,932
90$23,525,043$757,121$0$15,737,170
91$25,827,406$697,028$0$17,244,105
92$28,361,548$630,929$0$18,902,772
93$31,151,014$558,433$0$20,728,641
94$34,221,749$479,127$0$22,738,761
95$37,602,338$392,575$0$24,951,924
96$41,324,281$298,316$0$27,388,840
97$45,422,288$195,864$0$30,072,338
98$49,934,604$84,704$0$33,027,574
99$54,903,372$0$0$36,282,278
100$60,375,031$0$0$39,876,439