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%17.3%
1 years$74,156$73,495$72,851$72,222$71,608$69,483
2 years$36,711$36,027$35,365$34,722$34,099$31,975
3 years$24,231$23,544$22,883$22,247$21,634$19,578
4 years$17,992$17,307$16,653$16,028$15,429$13,458
5 years$14,250$13,569$12,924$12,311$11,729$9,847
6 years$11,756$11,080$10,444$9,845$9,281$7,490
7 years$9,975$9,305$8,679$8,094$7,548$5,848
8 years$8,640$7,976$7,361$6,790$6,262$4,652
9 years$7,602$6,945$6,340$5,784$5,273$3,751
10 years$6,772$6,122$5,527$4,985$4,493$3,057
11 years$6,094$5,450$4,866$4,339$3,864$2,512
12 years$5,529$4,891$4,318$3,806$3,349$2,078
13 years$5,051$4,420$3,858$3,360$2,920$1,727
14 years$4,642$4,018$3,467$2,983$2,560$1,442
15 years$4,288$3,670$3,130$2,660$2,254$1,208
16 years$3,978$3,368$2,838$2,382$1,992$1,015
17 years$3,706$3,101$2,582$2,140$1,766$854
18 years$3,463$2,866$2,357$1,928$1,570$721
19 years$3,247$2,656$2,158$1,743$1,400$609
20 years$3,052$2,468$1,980$1,578$1,250$515
21 years$2,876$2,299$1,822$1,432$1,119$437
22 years$2,716$2,146$1,679$1,302$1,003$370
23 years$2,571$2,007$1,550$1,186$900$314
24 years$2,438$1,881$1,434$1,082$809$267
25 years$2,315$1,765$1,328$988$728$227
26 years$2,202$1,659$1,231$903$656$193
27 years$2,098$1,561$1,144$827$591$164
28 years$2,001$1,471$1,063$758$534$140
29 years$1,912$1,388$989$695$482$119
30 years$1,828$1,310$921$638$435$101
31 years$1,750$1,239$859$586$394$86
32 years$1,677$1,172$802$538$356$73
33 years$1,608$1,110$748$495$322$62
34 years$1,544$1,052$699$455$292$53
35 years$1,483$998$654$419$264$45
36 years$1,426$947$612$386$239$39
37 years$1,372$900$572$356$217$33
38 years$1,322$855$536$328$197$28
39 years$1,273$813$502$302$178$24
40 years$1,228$773$471$279$162$20
41 years$1,184$736$441$257$147$17
42 years$1,143$701$414$237$133$15
43 years$1,104$668$389$219$121$13
44 years$1,067$637$365$202$110$11
45 years$1,031$607$342$187$100$9
46 years$998$579$322$173$90$8
47 years$965$553$302$159$82$7
48 years$935$528$284$147$75$6
49 years$905$504$267$136$68$5
50 years$877$481$251$126$62$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $898,000, adding $2,044 every year, while hoping to spend $43,177 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: 49/24/27 Blend
51$898,000$898,000$898,000$898,000
52$991,704$944,110$930,191$1,032,606
53$1,046,918$944,432$915,413$1,061,778
54$1,106,317$943,322$898,692$1,089,009
55$1,170,281$940,665$879,918$1,117,747
56$1,239,230$936,338$858,976$1,148,154
57$1,313,624$930,211$835,744$1,180,412
58$1,393,968$922,145$810,096$1,214,725
59$1,480,817$911,994$781,898$1,251,317
60$1,574,781$899,603$751,013$1,290,441
61$1,676,532$884,807$717,295$1,332,378
62$1,786,807$867,431$680,593$1,377,439
63$1,906,417$847,290$640,748$1,425,973
64$2,036,253$824,190$597,595$1,478,364
65$2,177,298$797,922$550,961$1,535,043
66$2,330,629$768,267$500,666$1,596,487
67$2,497,435$734,994$446,519$1,663,226
68$2,679,021$697,856$388,325$1,735,848
69$2,876,824$656,594$325,877$1,815,007
70$3,092,426$610,933$258,960$1,901,428
71$3,327,568$560,583$187,350$1,995,915
72$3,584,166$505,238$110,812$2,099,360
73$3,864,328$444,571$29,101$2,212,752
74$4,170,375$378,241$0$2,337,187
75$4,504,864$305,885$0$2,490,617
76$4,870,607$227,121$0$2,667,686
77$5,270,703$141,544$0$2,861,570
78$5,708,563$48,728$0$3,074,003
79$6,187,942$0$0$3,306,901
80$6,712,977$0$0$3,576,049
81$7,288,222$0$0$3,885,132
82$7,918,694$0$0$4,223,987
83$8,609,916$0$0$4,595,597
84$9,367,974$0$0$5,003,245
85$10,199,568$0$0$5,450,549
86$11,112,082$0$0$5,941,492
87$12,113,644$0$0$6,480,463
88$13,213,213$0$0$7,072,297
89$14,420,652$0$0$7,722,319
90$15,746,831$0$0$8,436,396
91$17,203,720$0$0$9,220,990
92$18,804,510$0$0$10,083,221
93$20,563,730$0$0$11,030,934
94$22,497,387$0$0$12,072,768
95$24,623,116$0$0$13,218,245
96$26,960,346$0$0$14,477,853
97$29,530,481$0$0$15,863,149
98$32,357,106$0$0$17,386,864
99$35,466,205$0$0$19,063,027
100$38,886,404$0$0$20,907,094