Can I retire at age 52 with 896,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $896,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$73,991$73,332$72,689$72,061$71,448$70,149
2 years$36,629$35,947$35,286$34,645$34,023$32,719
3 years$24,177$23,492$22,832$22,197$21,586$20,317
4 years$17,952$17,269$16,616$15,992$15,395$14,172
5 years$14,218$13,539$12,895$12,283$11,703$10,529
6 years$11,729$11,056$10,421$9,823$9,260$8,136
7 years$9,953$9,285$8,660$8,076$7,531$6,457
8 years$8,621$7,959$7,344$6,775$6,248$5,224
9 years$7,585$6,929$6,326$5,771$5,261$4,287
10 years$6,757$6,108$5,515$4,974$4,483$3,558
11 years$6,080$5,437$4,855$4,329$3,856$2,978
12 years$5,517$4,880$4,309$3,797$3,341$2,510
13 years$5,040$4,410$3,850$3,352$2,914$2,127
14 years$4,632$4,009$3,459$2,976$2,554$1,812
15 years$4,279$3,662$3,123$2,654$2,249$1,549
16 years$3,970$3,360$2,831$2,376$1,987$1,328
17 years$3,697$3,094$2,576$2,135$1,762$1,142
18 years$3,456$2,859$2,352$1,924$1,567$984
19 years$3,239$2,650$2,153$1,739$1,397$850
20 years$3,045$2,463$1,976$1,575$1,247$735
21 years$2,870$2,294$1,818$1,429$1,116$637
22 years$2,710$2,141$1,675$1,299$1,001$552
23 years$2,565$2,003$1,547$1,183$898$479
24 years$2,432$1,876$1,430$1,079$807$417
25 years$2,310$1,761$1,325$986$726$362
26 years$2,197$1,655$1,229$901$654$315
27 years$2,093$1,557$1,141$825$590$274
28 years$1,997$1,468$1,061$756$532$239
29 years$1,907$1,384$987$693$481$208
30 years$1,824$1,308$919$636$434$182
31 years$1,746$1,236$857$584$393$158
32 years$1,673$1,170$800$537$355$138
33 years$1,605$1,108$747$494$321$121
34 years$1,540$1,050$698$454$291$105
35 years$1,480$996$652$418$264$92
36 years$1,423$945$610$385$239$80
37 years$1,369$898$571$355$216$70
38 years$1,319$853$535$327$196$61
39 years$1,271$811$501$302$178$53
40 years$1,225$772$470$278$161$47
41 years$1,182$735$440$257$146$41
42 years$1,141$700$413$237$133$36
43 years$1,102$667$388$219$121$31
44 years$1,065$635$364$202$109$27
45 years$1,029$606$342$186$99$24
46 years$995$578$321$172$90$21
47 years$963$552$301$159$82$18
48 years$932$527$283$147$74$16
49 years$903$503$266$136$68$14
50 years$875$480$250$126$61$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $896,000, adding $4,675 every year, while hoping to spend $35,273 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: 36/45/19 Blend
51$896,000$896,000$896,000$896,000
52$992,214$944,726$930,838$1,022,059
53$1,055,890$953,488$924,491$1,052,969
54$1,124,878$961,496$916,749$1,082,675
55$1,199,684$968,678$907,528$1,114,011
56$1,280,862$974,953$896,741$1,147,142
57$1,369,023$980,239$884,295$1,182,252
58$1,464,838$984,445$870,093$1,219,548
59$1,569,045$987,477$854,035$1,259,257
60$1,682,458$989,233$836,015$1,301,633
61$1,805,970$989,607$815,923$1,346,960
62$1,940,564$988,483$793,642$1,395,549
63$2,087,325$985,742$769,053$1,447,752
64$2,247,444$981,255$742,027$1,503,954
65$2,422,231$974,884$712,433$1,564,585
66$2,613,132$966,487$680,133$1,630,124
67$2,821,735$955,908$644,981$1,701,101
68$3,049,791$942,987$606,827$1,778,102
69$3,299,226$927,549$565,512$1,861,780
70$3,572,161$909,414$520,871$1,952,859
71$3,870,933$888,387$472,732$2,052,140
72$4,198,114$864,263$420,914$2,160,511
73$4,556,536$836,827$365,229$2,278,957
74$4,949,319$805,847$305,480$2,408,568
75$5,379,898$771,083$241,462$2,550,554
76$5,852,058$732,275$172,961$2,706,251
77$6,369,965$689,154$99,752$2,877,141
78$6,938,210$641,431$21,603$3,064,864
79$7,561,849$588,803$0$3,271,234
80$8,246,451$530,948$0$3,510,788
81$8,998,152$467,527$0$3,778,706
82$9,823,708$398,181$0$4,073,116
83$10,730,566$322,531$0$4,396,793
84$11,726,925$240,177$0$4,752,800
85$12,821,821$150,696$0$5,144,522
86$14,025,207$53,640$0$5,575,695
87$15,348,049$0$0$6,050,448
88$16,802,427$0$0$6,598,821
89$18,401,651$0$0$7,231,153
90$20,160,386$0$0$7,926,700
91$22,094,787$0$0$8,691,869
92$24,222,655$0$0$9,533,719
93$26,563,603$0$0$10,460,029
94$29,139,240$0$0$11,479,370
95$31,973,376$0$0$12,601,185
96$35,092,245$0$0$13,835,879
97$38,524,752$0$0$15,194,917
98$42,302,747$0$0$16,690,931
99$46,461,325$0$0$18,337,843
100$51,039,154$0$0$20,150,989