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 $3,493 every year, while hoping to spend $59,702 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: 52/20/28 Blend
51$885,000$885,000$885,000$885,000
52$978,873$931,968$918,251$1,021,923
53$1,015,196$914,112$885,489$1,034,359
54$1,053,222$893,380$849,630$1,041,568
55$1,093,063$869,568$810,505$1,048,230
56$1,134,839$842,461$767,941$1,054,318
57$1,178,681$811,829$721,754$1,059,808
58$1,224,728$777,431$671,755$1,064,673
59$1,273,136$739,010$617,745$1,068,891
60$1,324,072$696,297$559,515$1,072,441
61$1,377,716$649,005$496,848$1,075,305
62$1,434,268$596,832$429,517$1,077,467
63$1,493,943$539,456$357,286$1,078,914
64$1,556,977$476,541$279,906$1,079,640
65$1,623,625$407,728$197,119$1,079,642
66$1,694,168$332,640$108,656$1,078,923
67$1,768,912$250,878$14,235$1,077,493
68$1,848,191$162,021$0$1,075,371
69$1,932,371$65,624$0$1,098,436
70$2,021,850$0$0$1,127,093
71$2,117,066$0$0$1,165,765
72$2,218,496$0$0$1,222,396
73$2,326,666$0$0$1,282,842
74$2,442,149$0$0$1,347,429
75$2,565,572$0$0$1,416,517
76$2,697,626$0$0$1,490,499
77$2,839,067$0$0$1,569,807
78$2,990,722$0$0$1,654,913
79$3,153,501$0$0$1,746,336
80$3,328,401$0$0$1,844,648
81$3,516,519$0$0$1,950,473
82$3,719,057$0$0$2,064,499
83$3,937,334$0$0$2,187,481
84$4,172,803$0$0$2,320,248
85$4,427,055$0$0$2,463,710
86$4,701,843$0$0$2,618,870
87$4,999,092$0$0$2,786,828
88$5,320,916$0$0$2,968,793
89$5,669,641$0$0$3,166,098
90$6,047,825$0$0$3,380,203
91$6,458,280$0$0$3,612,719
92$6,904,100$0$0$3,865,415
93$7,388,685$0$0$4,140,238
94$7,915,780$0$0$4,439,331
95$8,489,503$0$0$4,765,049
96$9,114,383$0$0$5,119,988
97$9,795,409$0$0$5,507,001
98$10,538,067$0$0$5,929,230
99$11,348,397$0$0$6,390,132
100$12,233,048$0$0$6,893,514