Can I retire at age 52 with 389,000?

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 $389,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$32,123$31,837$31,558$31,285$31,019$30,038
2 years$15,903$15,606$15,319$15,041$14,771$13,792
3 years$10,496$10,199$9,913$9,637$9,371$8,424
4 years$7,794$7,497$7,214$6,943$6,684$5,776
5 years$6,173$5,878$5,598$5,333$5,081$4,215
6 years$5,092$4,800$4,524$4,265$4,020$3,197
7 years$4,321$4,031$3,760$3,506$3,270$2,489
8 years$3,743$3,455$3,188$2,941$2,712$1,974
9 years$3,293$3,008$2,746$2,505$2,284$1,587
10 years$2,934$2,652$2,394$2,160$1,946$1,290
11 years$2,640$2,361$2,108$1,880$1,674$1,056
12 years$2,395$2,119$1,871$1,649$1,451$871
13 years$2,188$1,915$1,671$1,455$1,265$721
14 years$2,011$1,741$1,502$1,292$1,109$600
15 years$1,858$1,590$1,356$1,152$976$501
16 years$1,723$1,459$1,229$1,032$863$419
17 years$1,605$1,343$1,119$927$765$352
18 years$1,500$1,241$1,021$835$680$296
19 years$1,406$1,151$935$755$606$249
20 years$1,322$1,069$858$684$542$210
21 years$1,246$996$789$620$485$177
22 years$1,177$930$727$564$434$150
23 years$1,114$869$672$514$390$126
24 years$1,056$815$621$469$351$107
25 years$1,003$764$575$428$315$91
26 years$954$718$533$391$284$77
27 years$909$676$495$358$256$65
28 years$867$637$461$328$231$55
29 years$828$601$429$301$209$47
30 years$792$568$399$276$189$40
31 years$758$537$372$254$170$34
32 years$726$508$347$233$154$28
33 years$697$481$324$214$140$24
34 years$669$456$303$197$126$20
35 years$643$432$283$182$114$17
36 years$618$410$265$167$104$15
37 years$594$390$248$154$94$12
38 years$572$370$232$142$85$11
39 years$552$352$218$131$77$9
40 years$532$335$204$121$70$8
41 years$513$319$191$111$64$6
42 years$495$304$179$103$58$6
43 years$478$289$168$95$52$5
44 years$462$276$158$88$48$4
45 years$447$263$148$81$43$3
46 years$432$251$139$75$39$3
47 years$418$239$131$69$36$2
48 years$405$229$123$64$32$2
49 years$392$218$116$59$29$2
50 years$380$209$109$55$27$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $389,000, adding $6,979 every year, while hoping to spend $24,037 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: 72/18/10 Blend
51$389,000$389,000$389,000$389,000
52$435,877$415,260$409,230$465,929
53$454,761$410,032$397,364$481,505
54$474,766$403,743$384,295$494,908
55$495,980$396,315$369,957$508,927
56$518,501$387,665$354,282$523,617
57$542,435$377,708$337,197$539,037
58$567,898$366,350$318,628$555,255
59$595,018$353,495$298,496$572,345
60$623,934$339,040$276,720$590,391
61$654,798$322,876$253,213$609,484
62$687,777$304,887$227,885$629,725
63$723,056$284,952$200,645$651,228
64$760,834$262,941$171,393$674,118
65$801,333$238,719$140,028$698,533
66$844,794$212,141$106,444$724,627
67$891,482$183,055$70,529$752,571
68$941,688$151,300$32,167$782,552
69$995,733$116,706$0$814,781
70$1,053,967$79,094$0$850,425
71$1,116,776$38,274$0$892,529
72$1,184,584$0$0$937,954
73$1,257,855$0$0$988,210
74$1,337,103$0$0$1,050,778
75$1,422,888$0$0$1,118,525
76$1,515,830$0$0$1,191,939
77$1,616,608$0$0$1,271,561
78$1,725,969$0$0$1,357,982
79$1,844,736$0$0$1,451,855
80$1,973,812$0$0$1,553,897
81$2,114,193$0$0$1,664,896
82$2,266,974$0$0$1,785,722
83$2,433,357$0$0$1,917,328
84$2,614,669$0$0$2,060,766
85$2,812,367$0$0$2,217,193
86$3,028,058$0$0$2,387,881
87$3,263,507$0$0$2,574,233
88$3,520,659$0$0$2,777,790
89$3,801,655$0$0$3,000,251
90$4,108,853$0$0$3,243,485
91$4,444,847$0$0$3,509,552
92$4,812,494$0$0$3,800,717
93$5,214,941$0$0$4,119,477
94$5,655,651$0$0$4,468,579
95$6,138,441$0$0$4,851,051
96$6,667,512$0$0$5,270,224
97$7,247,492$0$0$5,729,772
98$7,883,475$0$0$6,233,735
99$8,581,077$0$0$6,786,568
100$9,346,478$0$0$7,393,175