Can I retire at age 52 with 840,000?

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 $840,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$69,366$68,749$68,146$67,557$66,983$65,927
2 years$34,340$33,700$33,080$32,479$31,897$30,836
3 years$22,666$22,023$21,405$20,810$20,236$19,204
4 years$16,830$16,190$15,578$14,992$14,433$13,436
5 years$13,329$12,693$12,089$11,516$10,972$10,013
6 years$10,996$10,365$9,770$9,209$8,681$7,763
7 years$9,331$8,704$8,119$7,571$7,060$6,182
8 years$8,082$7,461$6,885$6,351$5,857$5,019
9 years$7,111$6,496$5,930$5,410$4,933$4,134
10 years$6,335$5,726$5,170$4,663$4,203$3,443
11 years$5,700$5,098$4,552$4,059$3,615$2,892
12 years$5,172$4,575$4,039$3,560$3,132$2,447
13 years$4,725$4,135$3,609$3,143$2,731$2,083
14 years$4,342$3,758$3,243$2,790$2,394$1,781
15 years$4,011$3,433$2,928$2,488$2,108$1,528
16 years$3,722$3,150$2,654$2,228$1,863$1,316
17 years$3,466$2,901$2,415$2,002$1,652$1,137
18 years$3,240$2,681$2,205$1,804$1,469$984
19 years$3,037$2,484$2,019$1,630$1,309$853
20 years$2,855$2,309$1,853$1,476$1,169$742
21 years$2,690$2,150$1,704$1,340$1,047$645
22 years$2,541$2,007$1,570$1,218$938$562
23 years$2,405$1,877$1,450$1,109$842$490
24 years$2,280$1,759$1,341$1,012$757$428
25 years$2,166$1,651$1,242$924$681$374
26 years$2,060$1,551$1,152$845$613$327
27 years$1,963$1,460$1,070$773$553$286
28 years$1,872$1,376$994$709$499$250
29 years$1,788$1,298$925$650$451$219
30 years$1,710$1,226$862$596$407$192
31 years$1,637$1,159$804$548$368$168
32 years$1,568$1,096$750$503$333$148
33 years$1,504$1,038$700$463$301$130
34 years$1,444$984$654$426$273$114
35 years$1,387$933$612$392$247$100
36 years$1,334$886$572$361$224$87
37 years$1,284$841$535$333$203$77
38 years$1,236$800$501$307$184$67
39 years$1,191$760$470$283$167$59
40 years$1,148$723$440$261$151$52
41 years$1,108$689$413$241$137$46
42 years$1,069$656$387$222$125$40
43 years$1,033$625$363$205$113$35
44 years$998$596$341$189$103$31
45 years$965$568$320$175$93$27
46 years$933$542$301$161$85$24
47 years$903$517$283$149$77$21
48 years$874$494$266$138$70$18
49 years$847$471$250$127$63$16
50 years$820$450$235$118$58$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $840,000, adding $2,583 every year, while hoping to spend $43,372 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: 57/36/7 Blend
51$840,000$840,000$840,000$840,000
52$928,344$883,824$870,804$979,688
53$976,888$880,984$853,829$1,011,693
54$1,028,929$876,551$834,831$1,041,447
55$1,084,780$870,402$813,697$1,072,795
56$1,144,780$862,404$790,309$1,105,892
57$1,209,305$852,420$764,542$1,140,913
58$1,278,766$840,300$736,266$1,178,050
59$1,353,614$825,889$705,345$1,217,519
60$1,434,346$809,021$671,637$1,259,558
61$1,521,507$789,520$634,994$1,304,433
62$1,615,695$767,201$595,261$1,352,438
63$1,717,568$741,866$552,274$1,403,902
64$1,827,850$713,308$505,866$1,459,187
65$1,947,337$681,305$455,858$1,518,698
66$2,076,902$645,626$402,066$1,582,882
67$2,217,507$606,023$344,296$1,652,237
68$2,370,210$562,235$282,347$1,727,313
69$2,536,173$513,987$216,008$1,808,723
70$2,716,678$460,987$145,059$1,897,144
71$2,913,131$402,927$69,271$1,993,327
72$3,127,082$339,482$0$2,098,107
73$3,360,235$270,308$0$2,213,273
74$3,614,467$195,041$0$2,344,558
75$3,891,842$113,298$0$2,487,936
76$4,194,634$24,674$0$2,644,680
77$4,525,345$0$0$2,816,201
78$4,886,727$0$0$3,032,287
79$5,281,814$0$0$3,279,284
80$5,713,945$0$0$3,549,512
81$6,186,794$0$0$3,845,278
82$6,704,410$0$0$4,169,125
83$7,271,249$0$0$4,523,851
84$7,892,220$0$0$4,912,537
85$8,572,728$0$0$5,338,578
86$9,318,727$0$0$5,805,711
87$10,136,772$0$0$6,318,053
88$11,034,084$0$0$6,880,140
89$12,018,619$0$0$7,496,965
90$13,099,137$0$0$8,174,030
91$14,285,287$0$0$8,917,396
92$15,587,702$0$0$9,733,738
93$17,018,090$0$0$10,630,410
94$18,589,352$0$0$11,615,513
95$20,315,697$0$0$12,697,972
96$22,212,783$0$0$13,887,619
97$24,297,855$0$0$15,195,285
98$26,589,915$0$0$16,632,903
99$29,109,895$0$0$18,213,621
100$31,880,860$0$0$19,951,924