Can I retire at age 52 with 898,000?

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 $898,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$74,156$73,495$72,851$72,222$71,608$69,820
2 years$36,711$36,027$35,365$34,722$34,099$32,309
3 years$24,231$23,544$22,883$22,247$21,634$19,898
4 years$17,992$17,307$16,653$16,028$15,429$13,761
5 years$14,250$13,569$12,924$12,311$11,729$10,132
6 years$11,756$11,080$10,444$9,845$9,281$7,758
7 years$9,975$9,305$8,679$8,094$7,548$6,098
8 years$8,640$7,976$7,361$6,790$6,262$4,885
9 years$7,602$6,945$6,340$5,784$5,273$3,968
10 years$6,772$6,122$5,527$4,985$4,493$3,259
11 years$6,094$5,450$4,866$4,339$3,864$2,698
12 years$5,529$4,891$4,318$3,806$3,349$2,249
13 years$5,051$4,420$3,858$3,360$2,920$1,885
14 years$4,642$4,018$3,467$2,983$2,560$1,587
15 years$4,288$3,670$3,130$2,660$2,254$1,340
16 years$3,978$3,368$2,838$2,382$1,992$1,136
17 years$3,706$3,101$2,582$2,140$1,766$965
18 years$3,463$2,866$2,357$1,928$1,570$821
19 years$3,247$2,656$2,158$1,743$1,400$700
20 years$3,052$2,468$1,980$1,578$1,250$598
21 years$2,876$2,299$1,822$1,432$1,119$511
22 years$2,716$2,146$1,679$1,302$1,003$438
23 years$2,571$2,007$1,550$1,186$900$375
24 years$2,438$1,881$1,434$1,082$809$321
25 years$2,315$1,765$1,328$988$728$276
26 years$2,202$1,659$1,231$903$656$237
27 years$2,098$1,561$1,144$827$591$203
28 years$2,001$1,471$1,063$758$534$175
29 years$1,912$1,388$989$695$482$150
30 years$1,828$1,310$921$638$435$129
31 years$1,750$1,239$859$586$394$111
32 years$1,677$1,172$802$538$356$95
33 years$1,608$1,110$748$495$322$82
34 years$1,544$1,052$699$455$292$71
35 years$1,483$998$654$419$264$61
36 years$1,426$947$612$386$239$52
37 years$1,372$900$572$356$217$45
38 years$1,322$855$536$328$197$39
39 years$1,273$813$502$302$178$33
40 years$1,228$773$471$279$162$29
41 years$1,184$736$441$257$147$25
42 years$1,143$701$414$237$133$21
43 years$1,104$668$389$219$121$18
44 years$1,067$637$365$202$110$16
45 years$1,031$607$342$187$100$14
46 years$998$579$322$173$90$12
47 years$965$553$302$159$82$10
48 years$935$528$284$147$75$9
49 years$905$504$267$136$68$7
50 years$877$481$251$126$62$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $898,000, adding $6,271 every year, while hoping to spend $31,458 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: 57/33/10 Blend
51$898,000$898,000$898,000$898,000
52$996,065$948,471$934,552$1,050,084
53$1,064,192$961,475$932,388$1,100,257
54$1,138,214$974,061$929,098$1,150,852
55$1,218,699$986,177$924,609$1,205,223
56$1,306,272$997,765$918,849$1,263,734
57$1,401,619$1,008,764$911,739$1,326,788
58$1,505,499$1,019,108$903,196$1,394,830
59$1,618,743$1,028,727$893,137$1,468,349
60$1,742,269$1,037,548$881,470$1,547,886
61$1,877,083$1,045,492$868,103$1,634,039
62$2,024,298$1,052,473$852,936$1,727,464
63$2,185,135$1,058,402$835,868$1,828,889
64$2,360,939$1,063,185$816,790$1,939,114
65$2,553,192$1,066,718$795,590$2,059,024
66$2,763,526$1,068,895$772,150$2,189,592
67$2,993,735$1,069,601$746,347$2,331,896
68$3,245,799$1,068,714$718,052$2,487,122
69$3,521,893$1,066,104$687,130$2,656,580
70$3,824,418$1,061,635$653,441$2,841,713
71$4,156,014$1,055,161$616,837$3,044,117
72$4,519,591$1,046,526$577,163$3,265,547
73$4,918,351$1,035,568$534,261$3,507,945
74$5,355,825$1,022,113$487,960$3,773,449
75$5,835,898$1,005,976$438,086$4,064,419
76$6,362,853$986,962$384,456$4,383,458
77$6,941,406$964,865$326,877$4,733,437
78$7,576,752$939,466$265,149$5,117,523
79$8,274,614$910,533$199,065$5,539,210
80$9,041,296$877,821$128,405$6,002,351
81$9,883,744$841,070$52,943$6,511,194
82$10,809,609$800,005$0$7,070,427
83$11,827,321$754,337$0$7,688,162
84$12,946,166$703,758$0$8,373,375
85$14,176,375$647,943$0$9,126,727
86$15,529,222$586,548$0$9,955,178
87$17,017,124$519,211$0$10,866,403
88$18,653,767$445,548$0$11,868,866
89$20,454,225$365,154$0$12,971,896
90$22,435,109$277,600$0$14,185,777
91$24,614,723$182,434$0$15,521,851
92$27,013,230$79,180$0$16,992,618
93$29,652,852$0$0$18,611,860
94$32,558,069$0$0$20,406,635
95$35,755,858$0$0$22,413,896
96$39,275,943$0$0$24,623,560
97$43,151,076$0$0$27,056,198
98$47,417,346$0$0$29,734,478
99$52,114,518$0$0$32,683,377
100$57,286,410$0$0$35,930,417