Can I retire at age 52 with 897,000?

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 $897,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$74,073$73,414$72,770$72,142$71,528$70,547
2 years$36,670$35,987$35,325$34,683$34,061$33,074
3 years$24,204$23,518$22,858$22,222$21,610$20,648
4 years$17,972$17,288$16,635$16,010$15,412$14,483
5 years$14,234$13,554$12,909$12,297$11,716$10,822
6 years$11,743$11,068$10,432$9,834$9,271$8,412
7 years$9,964$9,295$8,669$8,085$7,539$6,718
8 years$8,630$7,967$7,352$6,782$6,255$5,470
9 years$7,594$6,937$6,333$5,777$5,267$4,518
10 years$6,765$6,115$5,521$4,980$4,488$3,775
11 years$6,087$5,444$4,861$4,334$3,860$3,181
12 years$5,523$4,886$4,314$3,802$3,345$2,700
13 years$5,046$4,415$3,854$3,356$2,917$2,305
14 years$4,637$4,013$3,463$2,979$2,557$1,978
15 years$4,283$3,666$3,126$2,657$2,251$1,703
16 years$3,974$3,364$2,835$2,379$1,990$1,472
17 years$3,701$3,098$2,579$2,138$1,764$1,276
18 years$3,459$2,863$2,355$1,926$1,569$1,108
19 years$3,243$2,653$2,156$1,741$1,398$965
20 years$3,049$2,465$1,978$1,576$1,249$841
21 years$2,873$2,296$1,820$1,431$1,118$735
22 years$2,713$2,144$1,677$1,301$1,002$643
23 years$2,568$2,005$1,548$1,185$899$563
24 years$2,435$1,878$1,432$1,081$808$493
25 years$2,313$1,763$1,326$987$727$433
26 years$2,200$1,657$1,230$902$655$380
27 years$2,096$1,559$1,142$826$591$334
28 years$1,999$1,469$1,062$757$533$293
29 years$1,909$1,386$988$694$481$258
30 years$1,826$1,309$920$637$435$227
31 years$1,748$1,237$858$585$393$200
32 years$1,675$1,171$801$538$356$176
33 years$1,606$1,109$748$494$322$155
34 years$1,542$1,051$698$455$291$136
35 years$1,482$997$653$419$264$120
36 years$1,425$946$611$386$239$106
37 years$1,371$899$572$355$217$93
38 years$1,320$854$535$327$196$82
39 years$1,272$812$502$302$178$73
40 years$1,226$773$470$278$162$64
41 years$1,183$735$441$257$147$56
42 years$1,142$700$414$237$133$50
43 years$1,103$667$388$219$121$44
44 years$1,066$636$364$202$110$39
45 years$1,030$607$342$187$99$34
46 years$997$579$321$172$90$30
47 years$964$552$302$159$82$27
48 years$933$527$284$147$74$23
49 years$904$503$267$136$68$21
50 years$876$481$251$126$61$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $897,000, adding $6,342 every year, while hoping to spend $56,086 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: 52/19/29 Blend
51$897,000$897,000$897,000$897,000
52$995,036$947,495$933,591$1,038,380
53$1,036,854$934,247$905,192$1,055,964
54$1,081,059$918,470$873,961$1,068,925
55$1,127,833$899,981$839,744$1,081,928
56$1,177,378$878,587$802,382$1,095,001
57$1,229,914$854,080$761,705$1,108,179
58$1,285,680$826,245$717,537$1,121,503
59$1,344,939$794,851$669,695$1,135,023
60$1,407,979$759,655$617,985$1,148,797
61$1,475,113$720,398$562,208$1,162,895
62$1,546,685$676,809$502,153$1,177,395
63$1,623,073$628,598$437,601$1,192,392
64$1,704,689$575,463$368,323$1,207,992
65$1,791,986$517,079$294,081$1,224,319
66$1,885,461$453,107$214,624$1,241,515
67$1,985,656$383,188$129,692$1,259,743
68$2,093,169$306,941$39,013$1,279,187
69$2,208,655$223,964$0$1,300,057
70$2,332,834$133,834$0$1,340,465
71$2,466,494$36,102$0$1,396,854
72$2,610,502$0$0$1,457,540
73$2,765,810$0$0$1,537,543
74$2,933,465$0$0$1,632,124
75$3,114,615$0$0$1,734,390
76$3,310,523$0$0$1,845,066
77$3,522,577$0$0$1,964,944
78$3,752,304$0$0$2,094,897
79$4,001,382$0$0$2,235,886
80$4,271,655$0$0$2,388,965
81$4,565,154$0$0$2,555,298
82$4,884,110$0$0$2,736,159
83$5,230,978$0$0$2,932,956
84$5,608,461$0$0$3,147,234
85$6,019,530$0$0$3,380,694
86$6,467,457$0$0$3,635,209
87$6,955,842$0$0$3,912,839
88$7,488,646$0$0$4,215,854
89$8,070,231$0$0$4,546,748
90$8,705,396$0$0$4,908,272
91$9,399,426$0$0$5,303,451
92$10,158,138$0$0$5,735,615
93$10,987,938$0$0$6,208,433
94$11,895,879$0$0$6,725,945
95$12,889,725$0$0$7,292,596
96$13,978,028$0$0$7,913,285
97$15,170,205$0$0$8,593,404
98$16,476,626$0$0$9,338,894
99$17,908,713$0$0$10,156,297
100$19,479,043$0$0$11,052,816