Can I retire at age 52 with 880,000?

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 $880,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$72,670$72,022$71,391$70,774$70,172$67,656
2 years$35,975$35,305$34,656$34,026$33,415$30,907
3 years$23,745$23,072$22,425$21,801$21,200$18,779
4 years$17,631$16,961$16,319$15,706$15,120$12,805
5 years$13,964$13,297$12,664$12,064$11,494$9,291
6 years$11,520$10,858$10,235$9,648$9,095$7,005
7 years$9,775$9,119$8,505$7,932$7,397$5,419
8 years$8,467$7,816$7,213$6,654$6,136$4,270
9 years$7,450$6,806$6,213$5,668$5,168$3,410
10 years$6,637$5,999$5,416$4,886$4,403$2,752
11 years$5,972$5,340$4,768$4,252$3,787$2,238
12 years$5,418$4,793$4,232$3,729$3,281$1,831
13 years$4,950$4,332$3,781$3,293$2,862$1,506
14 years$4,549$3,937$3,397$2,923$2,508$1,243
15 years$4,202$3,597$3,067$2,607$2,209$1,030
16 years$3,899$3,300$2,781$2,334$1,952$855
17 years$3,631$3,039$2,530$2,097$1,731$712
18 years$3,394$2,808$2,310$1,890$1,539$593
19 years$3,182$2,603$2,115$1,708$1,372$495
20 years$2,991$2,419$1,941$1,547$1,225$414
21 years$2,818$2,253$1,785$1,404$1,096$346
22 years$2,662$2,103$1,645$1,276$983$290
23 years$2,519$1,967$1,519$1,162$882$243
24 years$2,389$1,843$1,405$1,060$793$204
25 years$2,269$1,729$1,301$968$714$171
26 years$2,158$1,625$1,207$885$643$144
27 years$2,056$1,530$1,121$810$579$120
28 years$1,961$1,441$1,042$742$523$101
29 years$1,873$1,360$969$681$472$85
30 years$1,791$1,284$903$625$427$71
31 years$1,715$1,214$842$574$386$60
32 years$1,643$1,149$785$527$349$50
33 years$1,576$1,088$733$485$316$42
34 years$1,513$1,031$685$446$286$36
35 years$1,454$978$641$411$259$30
36 years$1,398$928$599$378$235$25
37 years$1,345$882$561$349$213$21
38 years$1,295$838$525$321$193$18
39 years$1,248$797$492$296$175$15
40 years$1,203$758$461$273$159$13
41 years$1,161$721$433$252$144$11
42 years$1,120$687$406$233$131$9
43 years$1,082$655$381$215$118$7
44 years$1,046$624$357$198$108$6
45 years$1,011$595$336$183$98$5
46 years$978$568$315$169$89$4
47 years$946$542$296$156$80$4
48 years$916$517$278$144$73$3
49 years$887$494$262$133$66$3
50 years$859$472$246$123$60$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $880,000, adding $6,794 every year, while hoping to spend $53,701 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: 73/20/7 Blend
51$880,000$880,000$880,000$880,000
52$976,768$930,128$916,488$1,046,608
53$1,019,261$918,567$890,053$1,082,009
54$1,064,288$904,639$860,932$1,113,359
55$1,112,052$888,173$828,980$1,146,177
56$1,162,772$868,985$794,042$1,180,593
57$1,216,691$846,881$755,958$1,216,747
58$1,274,072$821,656$714,561$1,254,797
59$1,335,204$793,094$669,675$1,294,917
60$1,400,403$760,964$621,118$1,337,302
61$1,470,017$725,024$568,698$1,382,164
62$1,544,424$685,016$512,215$1,429,741
63$1,624,042$640,668$451,461$1,480,297
64$1,709,326$591,693$386,217$1,534,123
65$1,800,778$537,786$316,256$1,591,540
66$1,898,946$478,627$241,340$1,652,908
67$2,004,435$413,875$161,220$1,718,621
68$2,117,904$343,172$75,638$1,789,118
69$2,240,082$266,139$0$1,864,886
70$2,371,765$182,375$0$1,947,633
71$2,513,831$91,457$0$2,042,888
72$2,667,242$0$0$2,145,676
73$2,833,056$0$0$2,258,305
74$3,012,437$0$0$2,401,955
75$3,206,662$0$0$2,557,527
76$3,417,138$0$0$2,726,150
77$3,645,409$0$0$2,909,067
78$3,893,175$0$0$3,107,644
79$4,162,305$0$0$3,323,384
80$4,454,855$0$0$3,557,941
81$4,773,088$0$0$3,813,133
82$5,119,490$0$0$4,090,961
83$5,496,802$0$0$4,393,628
84$5,908,036$0$0$4,723,557
85$6,356,508$0$0$5,083,414
86$6,845,868$0$0$5,476,136
87$7,380,135$0$0$5,904,953
88$7,963,731$0$0$6,373,422
89$8,601,525$0$0$6,885,459
90$9,298,876$0$0$7,445,376
91$10,061,687$0$0$8,057,918
92$10,896,456$0$0$8,728,313
93$11,810,339$0$0$9,462,315
94$12,811,214$0$0$10,266,262
95$13,907,760$0$0$11,147,135
96$15,109,532$0$0$12,112,618
97$16,427,056$0$0$13,171,177
98$17,871,921$0$0$14,332,136
99$19,456,896$0$0$15,605,764
100$21,196,043$0$0$17,003,372