Can I retire at age 52 with 883,000?

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 $883,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$72,917$72,268$71,634$71,016$70,412$69,939
2 years$36,098$35,425$34,774$34,142$33,529$33,052
3 years$23,826$23,151$22,501$21,875$21,272$20,806
4 years$17,691$17,018$16,375$15,760$15,172$14,720
5 years$14,012$13,343$12,708$12,105$11,533$11,097
6 years$11,559$10,895$10,270$9,681$9,126$8,706
7 years$9,808$9,150$8,534$7,959$7,422$7,018
8 years$8,496$7,843$7,238$6,677$6,157$5,770
9 years$7,475$6,829$6,234$5,687$5,185$4,814
10 years$6,659$6,019$5,435$4,902$4,418$4,063
11 years$5,992$5,359$4,785$4,266$3,800$3,461
12 years$5,437$4,810$4,246$3,742$3,293$2,969
13 years$4,967$4,346$3,794$3,304$2,871$2,563
14 years$4,565$3,951$3,409$2,933$2,517$2,224
15 years$4,216$3,609$3,078$2,615$2,216$1,937
16 years$3,912$3,311$2,790$2,342$1,959$1,694
17 years$3,644$3,050$2,539$2,104$1,737$1,486
18 years$3,405$2,818$2,318$1,896$1,544$1,306
19 years$3,192$2,612$2,122$1,713$1,376$1,151
20 years$3,001$2,427$1,947$1,552$1,229$1,017
21 years$2,828$2,261$1,791$1,408$1,100$899
22 years$2,671$2,110$1,651$1,281$986$797
23 years$2,528$1,974$1,524$1,166$885$707
24 years$2,397$1,849$1,410$1,064$796$627
25 years$2,277$1,735$1,306$971$716$558
26 years$2,166$1,631$1,211$888$645$496
27 years$2,063$1,535$1,124$813$581$442
28 years$1,968$1,446$1,045$745$525$394
29 years$1,880$1,364$973$683$474$351
30 years$1,797$1,289$906$627$428$313
31 years$1,721$1,218$845$576$387$279
32 years$1,649$1,153$788$529$350$250
33 years$1,581$1,092$736$487$317$223
34 years$1,518$1,034$688$448$287$199
35 years$1,459$981$643$412$260$178
36 years$1,402$931$601$380$235$159
37 years$1,349$885$563$350$213$142
38 years$1,299$841$527$322$193$127
39 years$1,252$799$494$297$175$114
40 years$1,207$761$463$274$159$102
41 years$1,165$724$434$253$144$91
42 years$1,124$689$407$233$131$82
43 years$1,086$657$382$215$119$73
44 years$1,049$626$359$199$108$65
45 years$1,014$597$337$184$98$59
46 years$981$570$316$170$89$52
47 years$949$544$297$157$81$47
48 years$919$519$279$145$73$42
49 years$890$496$262$134$67$38
50 years$862$473$247$124$60$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $883,000, adding $2,081 every year, while hoping to spend $59,233 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: 35/37/28 Blend
51$883,000$883,000$883,000$883,000
52$975,213$928,414$914,727$1,001,053
53$1,011,661$910,882$882,347$1,003,056
54$1,049,841$890,507$846,897$999,741
55$1,089,869$867,085$808,211$995,023
56$1,131,867$840,404$766,118$988,818
57$1,175,970$810,236$720,435$981,038
58$1,222,323$776,342$670,975$971,591
59$1,271,087$738,470$617,539$960,383
60$1,322,434$696,351$559,922$947,317
61$1,376,551$649,701$497,908$932,294
62$1,433,643$598,221$431,273$915,212
63$1,493,935$541,594$359,781$895,965
64$1,557,670$479,485$283,187$874,447
65$1,625,113$411,540$201,234$850,550
66$1,696,555$337,386$113,656$824,162
67$1,772,312$256,627$20,172$795,173
68$1,852,733$168,846$0$763,469
69$1,938,195$73,603$0$752,717
70$2,029,114$0$0$747,003
71$2,125,942$0$0$752,316
72$2,229,178$0$0$790,003
73$2,339,365$0$0$830,304
74$2,457,100$0$0$873,447
75$2,583,036$0$0$919,681
76$2,717,890$0$0$969,281
77$2,862,448$0$0$1,022,549
78$3,017,571$0$0$1,079,812
79$3,184,206$0$0$1,141,436
80$3,363,392$0$0$1,207,816
81$3,556,268$0$0$1,279,391
82$3,764,086$0$0$1,356,640
83$3,988,222$0$0$1,440,092
84$4,230,187$0$0$1,530,325
85$4,491,639$0$0$1,627,977
86$4,774,403$0$0$1,733,750
87$5,080,485$0$0$1,848,412
88$5,412,088$0$0$1,972,811
89$5,771,637$0$0$2,107,878
90$6,161,797$0$0$2,254,638
91$6,585,499$0$0$2,414,217
92$7,045,967$0$0$2,587,857
93$7,546,749$0$0$2,776,921
94$8,091,746$0$0$2,982,909
95$8,685,253$0$0$3,207,476
96$9,331,994$0$0$3,452,437
97$10,037,169$0$0$3,719,795
98$10,806,501$0$0$4,011,753
99$11,646,290$0$0$4,330,736
100$12,563,469$0$0$4,679,413