Can I retire at age 52 with 885,000?

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 $885,000?

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$73,082$72,431$71,796$71,176$70,571$69,231
2 years$36,179$35,506$34,853$34,219$33,605$32,261
3 years$23,880$23,203$22,552$21,925$21,321$20,013
4 years$17,732$17,057$16,412$15,796$15,206$13,946
5 years$14,043$13,373$12,736$12,132$11,559$10,350
6 years$11,585$10,920$10,293$9,702$9,147$7,989
7 years$9,830$9,171$8,553$7,977$7,439$6,333
8 years$8,515$7,861$7,254$6,692$6,171$5,118
9 years$7,492$6,844$6,248$5,700$5,197$4,195
10 years$6,674$6,033$5,447$4,913$4,428$3,477
11 years$6,006$5,371$4,795$4,276$3,808$2,907
12 years$5,449$4,820$4,256$3,751$3,300$2,447
13 years$4,978$4,356$3,802$3,311$2,878$2,071
14 years$4,575$3,960$3,416$2,939$2,523$1,761
15 years$4,226$3,617$3,085$2,621$2,221$1,504
16 years$3,921$3,319$2,797$2,347$1,963$1,288
17 years$3,652$3,057$2,545$2,109$1,741$1,106
18 years$3,413$2,824$2,323$1,901$1,548$951
19 years$3,200$2,618$2,127$1,717$1,379$820
20 years$3,008$2,432$1,952$1,555$1,232$709
21 years$2,834$2,266$1,795$1,412$1,103$613
22 years$2,677$2,115$1,655$1,283$988$531
23 years$2,534$1,978$1,528$1,169$887$460
24 years$2,402$1,853$1,413$1,066$797$399
25 years$2,282$1,739$1,309$974$718$346
26 years$2,170$1,635$1,214$890$646$301
27 years$2,068$1,538$1,127$815$583$262
28 years$1,972$1,450$1,048$747$526$228
29 years$1,884$1,368$975$685$475$198
30 years$1,801$1,291$908$628$429$172
31 years$1,724$1,221$847$577$388$150
32 years$1,652$1,155$790$530$351$131
33 years$1,585$1,094$738$488$318$114
34 years$1,521$1,037$689$449$287$99
35 years$1,462$983$644$413$260$86
36 years$1,406$933$603$380$236$75
37 years$1,353$887$564$351$214$66
38 years$1,302$843$528$323$194$57
39 years$1,255$801$495$298$176$50
40 years$1,210$762$464$275$159$44
41 years$1,167$726$435$253$145$38
42 years$1,127$691$408$234$131$33
43 years$1,088$658$383$216$119$29
44 years$1,052$628$359$199$108$25
45 years$1,017$598$337$184$98$22
46 years$983$571$317$170$89$19
47 years$951$545$298$157$81$17
48 years$921$520$280$145$73$15
49 years$892$497$263$134$67$13
50 years$864$474$247$124$61$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $885,000, adding $4,189 every year, while hoping to spend $43,700 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: 66/11/23 Blend
51$885,000$885,000$885,000$885,000
52$979,591$932,686$918,968$1,038,195
53$1,033,013$931,891$903,257$1,077,310
54$1,090,419$929,593$885,555$1,114,707
55$1,152,170$925,671$865,750$1,154,581
56$1,218,661$919,998$843,722$1,197,176
57$1,290,327$912,441$819,349$1,242,763
58$1,367,644$902,855$792,501$1,291,643
59$1,451,138$891,088$763,044$1,344,147
60$1,541,384$876,981$730,836$1,400,643
61$1,639,015$860,363$695,729$1,461,536
62$1,744,727$841,054$657,569$1,527,274
63$1,859,286$818,862$616,194$1,598,355
64$1,983,532$793,586$571,436$1,675,327
65$2,118,392$765,011$523,118$1,758,796
66$2,264,882$732,911$471,057$1,849,433
67$2,424,123$697,046$415,060$1,947,979
68$2,597,345$657,163$354,926$2,055,252
69$2,785,903$612,993$290,445$2,172,158
70$2,991,288$564,253$221,398$2,299,695
71$3,215,142$510,643$147,557$2,438,969
72$3,459,269$451,847$68,682$2,591,200
73$3,725,656$387,530$0$2,757,735
74$4,016,492$317,337$0$2,943,865
75$4,334,183$240,896$0$3,165,666
76$4,681,382$157,812$0$3,408,148
77$5,061,006$67,668$0$3,673,384
78$5,476,268$0$0$3,963,660
79$5,930,707$0$0$4,285,125
80$6,428,218$0$0$4,646,080
81$6,973,091$0$0$5,041,455
82$7,570,052$0$0$5,474,684
83$8,224,301$0$0$5,949,551
84$8,941,571$0$0$6,470,223
85$9,728,172$0$0$7,041,289
86$10,591,054$0$0$7,667,803
87$11,537,874$0$0$8,355,333
88$12,577,066$0$0$9,110,012
89$13,717,919$0$0$9,938,594
90$14,970,666$0$0$10,848,522
91$16,346,579$0$0$11,847,993
92$17,858,075$0$0$12,946,037
93$19,518,835$0$0$14,152,602
94$21,343,928$0$0$15,478,647
95$23,349,956$0$0$16,936,248
96$25,555,212$0$0$18,538,705
97$27,979,846$0$0$20,300,674
98$30,646,059$0$0$22,238,301
99$33,578,313$0$0$24,369,376
100$36,803,557$0$0$26,713,497