Can I retire at age 52 with 883,000?

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 $883,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$72,917$72,268$71,634$71,016$70,412$69,705
2 years$36,098$35,425$34,774$34,142$33,529$32,818
3 years$23,826$23,151$22,501$21,875$21,272$20,578
4 years$17,691$17,018$16,375$15,760$15,172$14,500
5 years$14,012$13,343$12,708$12,105$11,533$10,885
6 years$11,559$10,895$10,270$9,681$9,126$8,503
7 years$9,808$9,150$8,534$7,959$7,422$6,824
8 years$8,496$7,843$7,238$6,677$6,157$5,585
9 years$7,475$6,829$6,234$5,687$5,185$4,638
10 years$6,659$6,019$5,435$4,902$4,418$3,896
11 years$5,992$5,359$4,785$4,266$3,800$3,302
12 years$5,437$4,810$4,246$3,742$3,293$2,819
13 years$4,967$4,346$3,794$3,304$2,871$2,421
14 years$4,565$3,951$3,409$2,933$2,517$2,089
15 years$4,216$3,609$3,078$2,615$2,216$1,810
16 years$3,912$3,311$2,790$2,342$1,959$1,574
17 years$3,644$3,050$2,539$2,104$1,737$1,373
18 years$3,405$2,818$2,318$1,896$1,544$1,201
19 years$3,192$2,612$2,122$1,713$1,376$1,052
20 years$3,001$2,427$1,947$1,552$1,229$924
21 years$2,828$2,261$1,791$1,408$1,100$812
22 years$2,671$2,110$1,651$1,281$986$715
23 years$2,528$1,974$1,524$1,166$885$630
24 years$2,397$1,849$1,410$1,064$796$556
25 years$2,277$1,735$1,306$971$716$492
26 years$2,166$1,631$1,211$888$645$435
27 years$2,063$1,535$1,124$813$581$385
28 years$1,968$1,446$1,045$745$525$340
29 years$1,880$1,364$973$683$474$302
30 years$1,797$1,289$906$627$428$267
31 years$1,721$1,218$845$576$387$237
32 years$1,649$1,153$788$529$350$210
33 years$1,581$1,092$736$487$317$186
34 years$1,518$1,034$688$448$287$166
35 years$1,459$981$643$412$260$147
36 years$1,402$931$601$380$235$130
37 years$1,349$885$563$350$213$116
38 years$1,299$841$527$322$193$103
39 years$1,252$799$494$297$175$91
40 years$1,207$761$463$274$159$81
41 years$1,165$724$434$253$144$72
42 years$1,124$689$407$233$131$64
43 years$1,086$657$382$215$119$57
44 years$1,049$626$359$199$108$51
45 years$1,014$597$337$184$98$45
46 years$981$570$316$170$89$40
47 years$949$544$297$157$81$36
48 years$919$519$279$145$73$32
49 years$890$496$262$134$67$28
50 years$862$473$247$124$60$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $883,000, adding $6,978 every year, while hoping to spend $28,408 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: 61/29/10 Blend
51$883,000$883,000$883,000$883,000
52$980,264$933,465$919,778$1,037,407
53$1,050,025$948,979$920,365$1,092,068
54$1,125,949$964,301$920,019$1,147,807
55$1,208,636$979,391$918,680$1,207,921
56$1,298,744$994,208$916,282$1,272,834
57$1,396,998$1,008,706$912,760$1,343,012
58$1,504,195$1,022,837$908,041$1,418,969
59$1,621,215$1,036,548$902,053$1,501,274
60$1,749,025$1,049,784$894,717$1,590,549
61$1,888,688$1,062,486$885,952$1,687,486
62$2,041,376$1,074,590$875,674$1,792,844
63$2,208,380$1,086,029$863,792$1,907,459
64$2,391,120$1,096,729$850,215$2,032,256
65$2,591,160$1,106,615$834,843$2,168,252
66$2,810,223$1,115,603$817,574$2,316,571
67$3,050,205$1,123,608$798,303$2,478,449
68$3,313,196$1,130,534$776,916$2,655,250
69$3,601,495$1,136,284$753,296$2,848,480
70$3,917,638$1,140,752$727,321$3,059,797
71$4,264,413$1,143,825$698,863$3,291,029
72$4,644,896$1,145,386$667,788$3,544,193
73$5,062,472$1,145,306$633,955$3,821,512
74$5,520,870$1,143,452$597,219$4,125,437
75$6,024,199$1,139,681$557,426$4,458,670
76$6,576,983$1,133,842$514,416$4,824,192
77$7,184,209$1,125,773$468,022$5,225,286
78$7,851,367$1,115,305$418,069$5,665,576
79$8,584,508$1,102,256$364,376$6,149,054
80$9,390,297$1,086,436$306,751$6,680,124
81$10,276,076$1,067,640$244,997$7,263,638
82$11,249,936$1,045,655$178,905$7,904,948
83$12,320,790$1,020,252$108,258$8,609,955
84$13,498,456$991,190$32,830$9,385,162
85$14,793,754$958,214$0$10,237,740
86$16,218,604$921,053$0$11,180,681
87$17,786,139$879,422$0$12,221,682
88$19,510,829$833,018$0$13,366,873
89$21,408,619$781,521$0$14,626,873
90$23,497,076$724,593$0$16,013,388
91$25,795,555$661,876$0$17,539,322
92$28,325,385$592,991$0$19,218,896
93$31,110,067$517,540$0$21,067,787
94$34,175,494$435,100$0$23,103,271
95$37,550,199$345,224$0$25,344,395
96$41,265,621$247,442$0$27,812,147
97$45,356,404$141,256$0$30,529,664
98$49,860,719$26,139$0$33,522,448
99$54,820,630$0$0$36,818,604
100$60,282,487$0$0$40,480,532