Can I retire at age 52 with 896,000?

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 $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%16.9%
1 years$73,991$73,332$72,689$72,061$71,448$69,440
2 years$36,629$35,947$35,286$34,645$34,023$32,015
3 years$24,177$23,492$22,832$22,197$21,586$19,640
4 years$17,952$17,269$16,616$15,992$15,395$13,528
5 years$14,218$13,539$12,895$12,283$11,703$9,919
6 years$11,729$11,056$10,421$9,823$9,260$7,561
7 years$9,953$9,285$8,660$8,076$7,531$5,917
8 years$8,621$7,959$7,344$6,775$6,248$4,718
9 years$7,585$6,929$6,326$5,771$5,261$3,814
10 years$6,757$6,108$5,515$4,974$4,483$3,116
11 years$6,080$5,437$4,855$4,329$3,856$2,567
12 years$5,517$4,880$4,309$3,797$3,341$2,129
13 years$5,040$4,410$3,850$3,352$2,914$1,774
14 years$4,632$4,009$3,459$2,976$2,554$1,485
15 years$4,279$3,662$3,123$2,654$2,249$1,248
16 years$3,970$3,360$2,831$2,376$1,987$1,051
17 years$3,697$3,094$2,576$2,135$1,762$888
18 years$3,456$2,859$2,352$1,924$1,567$751
19 years$3,239$2,650$2,153$1,739$1,397$637
20 years$3,045$2,463$1,976$1,575$1,247$540
21 years$2,870$2,294$1,818$1,429$1,116$459
22 years$2,710$2,141$1,675$1,299$1,001$391
23 years$2,565$2,003$1,547$1,183$898$333
24 years$2,432$1,876$1,430$1,079$807$283
25 years$2,310$1,761$1,325$986$726$242
26 years$2,197$1,655$1,229$901$654$206
27 years$2,093$1,557$1,141$825$590$176
28 years$1,997$1,468$1,061$756$532$150
29 years$1,907$1,384$987$693$481$128
30 years$1,824$1,308$919$636$434$109
31 years$1,746$1,236$857$584$393$93
32 years$1,673$1,170$800$537$355$80
33 years$1,605$1,108$747$494$321$68
34 years$1,540$1,050$698$454$291$58
35 years$1,480$996$652$418$264$50
36 years$1,423$945$610$385$239$43
37 years$1,369$898$571$355$216$36
38 years$1,319$853$535$327$196$31
39 years$1,271$811$501$302$178$27
40 years$1,225$772$470$278$161$23
41 years$1,182$735$440$257$146$19
42 years$1,141$700$413$237$133$17
43 years$1,102$667$388$219$121$14
44 years$1,065$635$364$202$109$12
45 years$1,029$606$342$186$99$10
46 years$995$578$321$172$90$9
47 years$963$552$301$159$82$8
48 years$932$527$283$147$74$7
49 years$903$503$266$136$68$6
50 years$875$480$250$126$61$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $896,000, adding $6,603 every year, while hoping to spend $36,111 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: 24/49/27 Blend
51$896,000$896,000$896,000$896,000
52$994,203$946,715$932,827$1,009,477
53$1,057,190$954,682$925,655$1,030,832
54$1,125,391$961,830$917,032$1,050,207
55$1,199,301$968,079$906,872$1,070,203
56$1,279,461$973,346$895,084$1,090,896
57$1,366,469$977,544$881,573$1,112,372
58$1,460,983$980,577$866,239$1,134,728
59$1,563,723$982,345$848,978$1,158,074
60$1,675,485$982,742$829,681$1,182,536
61$1,797,142$981,655$808,234$1,208,255
62$1,929,658$978,963$784,517$1,235,391
63$2,074,091$974,540$758,405$1,264,122
64$2,231,605$968,249$729,769$1,294,652
65$2,403,483$959,948$698,471$1,327,208
66$2,591,137$949,484$664,368$1,362,045
67$2,796,121$936,696$627,312$1,399,450
68$3,020,144$921,413$587,146$1,439,744
69$3,265,091$903,454$543,707$1,483,285
70$3,533,034$882,627$496,825$1,530,478
71$3,826,257$858,730$446,322$1,581,771
72$4,147,273$831,546$392,012$1,637,668
73$4,498,852$800,848$333,701$1,698,728
74$4,884,040$766,395$271,186$1,765,579
75$5,306,197$727,934$204,256$1,838,918
76$5,769,020$685,192$132,689$1,919,523
77$6,276,580$637,887$56,254$2,008,261
78$6,833,364$585,716$0$2,106,095
79$7,444,311$528,361$0$2,221,392
80$8,114,865$465,485$0$2,365,821
81$8,851,019$396,731$0$2,524,559
82$9,659,376$321,724$0$2,699,161
83$10,547,211$240,067$0$2,891,344
84$11,522,536$151,340$0$3,103,011
85$12,594,179$55,100$0$3,336,270
86$13,771,865$0$0$3,593,450
87$15,066,306$0$0$3,903,617
88$16,489,306$0$0$4,277,417
89$18,053,869$0$0$4,688,577
90$19,774,321$0$0$5,140,883
91$21,666,445$0$0$5,638,508
92$23,747,634$0$0$6,186,048
93$26,037,047$0$0$6,788,568
94$28,555,796$0$0$7,451,648
95$31,327,140$0$0$8,181,439
96$34,376,709$0$0$8,984,714
97$37,732,742$0$0$9,868,939
98$41,426,352$0$0$10,842,341
99$45,491,824$0$0$11,913,983
100$49,966,934$0$0$13,093,853