Can I retire at age 52 with 789,000?

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 $789,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$65,155$64,575$64,008$63,456$62,916$62,337
2 years$32,255$31,654$31,072$30,508$29,960$29,376
3 years$21,290$20,686$20,106$19,546$19,008$18,438
4 years$15,808$15,207$14,632$14,082$13,557$13,005
5 years$12,520$11,922$11,355$10,816$10,305$9,774
6 years$10,329$9,735$9,176$8,650$8,154$7,643
7 years$8,764$8,176$7,626$7,112$6,632$6,141
8 years$7,591$7,008$6,467$5,966$5,502$5,031
9 years$6,679$6,102$5,570$5,082$4,633$4,183
10 years$5,950$5,378$4,856$4,380$3,948$3,518
11 years$5,354$4,788$4,275$3,812$3,395$2,985
12 years$4,858$4,298$3,794$3,344$2,942$2,552
13 years$4,438$3,884$3,390$2,952$2,566$2,194
14 years$4,079$3,530$3,046$2,621$2,249$1,896
15 years$3,768$3,225$2,750$2,337$1,980$1,645
16 years$3,496$2,959$2,493$2,093$1,750$1,433
17 years$3,256$2,725$2,269$1,880$1,552$1,251
18 years$3,043$2,518$2,071$1,694$1,380$1,096
19 years$2,853$2,334$1,896$1,531$1,230$961
20 years$2,682$2,169$1,740$1,387$1,098$845
21 years$2,527$2,020$1,600$1,258$983$744
22 years$2,387$1,885$1,475$1,144$881$656
23 years$2,259$1,763$1,362$1,042$791$580
24 years$2,142$1,652$1,260$950$711$512
25 years$2,034$1,551$1,167$868$640$453
26 years$1,935$1,457$1,082$794$576$401
27 years$1,843$1,371$1,005$726$520$356
28 years$1,759$1,292$934$666$469$315
29 years$1,680$1,219$869$610$423$280
30 years$1,606$1,151$810$560$382$248
31 years$1,537$1,088$755$514$346$221
32 years$1,473$1,030$704$473$313$196
33 years$1,413$975$658$435$283$174
34 years$1,356$924$614$400$256$155
35 years$1,303$877$574$368$232$138
36 years$1,253$832$537$339$210$123
37 years$1,206$790$503$312$191$109
38 years$1,161$751$471$288$173$97
39 years$1,119$714$441$266$157$86
40 years$1,079$680$414$245$142$77
41 years$1,041$647$388$226$129$68
42 years$1,005$616$364$209$117$61
43 years$970$587$341$193$106$54
44 years$937$560$320$178$96$48
45 years$906$534$301$164$88$43
46 years$877$509$283$152$79$38
47 years$848$486$265$140$72$34
48 years$821$464$249$129$66$30
49 years$795$443$234$120$60$27
50 years$770$423$220$111$54$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $789,000, adding $2,381 every year, while hoping to spend $55,704 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: 64/8/28 Blend
51$789,000$789,000$789,000$789,000
52$871,934$830,117$817,888$921,108
53$901,603$811,524$786,018$936,101
54$932,431$790,153$751,214$946,125
55$964,477$765,809$713,318$955,869
56$997,806$738,286$672,167$965,313
57$1,032,485$707,365$627,588$974,437
58$1,068,589$672,816$579,401$983,223
59$1,106,194$634,394$527,421$991,650
60$1,145,387$591,840$471,450$999,700
61$1,186,257$544,881$411,285$1,007,356
62$1,228,904$493,228$346,711$1,014,601
63$1,273,432$436,577$277,507$1,021,419
64$1,319,957$374,604$203,437$1,027,798
65$1,368,601$306,968$124,261$1,033,723
66$1,419,498$233,309$39,724$1,039,188
67$1,472,792$153,247$0$1,044,185
68$1,528,641$66,379$0$1,063,796
69$1,587,213$0$0$1,096,582
70$1,648,693$0$0$1,133,196
71$1,713,281$0$0$1,177,816
72$1,781,194$0$0$1,224,752
73$1,852,669$0$0$1,274,170
74$1,927,962$0$0$1,326,250
75$2,007,355$0$0$1,381,189
76$2,091,152$0$0$1,439,200
77$2,179,686$0$0$1,500,519
78$2,273,321$0$0$1,565,399
79$2,372,453$0$0$1,634,120
80$2,477,514$0$0$1,706,986
81$2,588,979$0$0$1,784,328
82$2,707,364$0$0$1,866,512
83$2,833,235$0$0$1,953,933
84$2,967,211$0$0$2,047,029
85$3,109,969$0$0$2,146,274
86$3,262,252$0$0$2,252,192
87$3,424,873$0$0$2,365,354
88$3,598,722$0$0$2,486,387
89$3,784,775$0$0$2,615,977
90$3,984,104$0$0$2,754,879
91$4,197,883$0$0$2,903,920
92$4,427,401$0$0$3,064,006
93$4,674,071$0$0$3,236,133
94$4,939,446$0$0$3,421,395
95$5,225,232$0$0$3,620,991
96$5,533,299$0$0$3,836,241
97$5,865,704$0$0$4,068,592
98$6,224,707$0$0$4,319,636
99$6,612,791$0$0$4,591,122
100$7,032,684$0$0$4,884,972