Can I retire at age 52 with 889,000?

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 $889,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$73,413$72,759$72,121$71,498$70,890$70,179
2 years$36,343$35,666$35,010$34,374$33,757$33,041
3 years$23,988$23,308$22,654$22,024$21,417$20,718
4 years$17,812$17,134$16,486$15,867$15,275$14,598
5 years$14,107$13,433$12,794$12,187$11,612$10,959
6 years$11,638$10,969$10,339$9,746$9,188$8,561
7 years$9,875$9,212$8,592$8,013$7,472$6,871
8 years$8,553$7,896$7,287$6,722$6,199$5,623
9 years$7,526$6,875$6,276$5,726$5,220$4,670
10 years$6,705$6,060$5,472$4,935$4,448$3,922
11 years$6,033$5,395$4,817$4,295$3,825$3,324
12 years$5,474$4,842$4,275$3,768$3,315$2,838
13 years$5,001$4,376$3,820$3,326$2,891$2,437
14 years$4,596$3,978$3,432$2,953$2,534$2,103
15 years$4,245$3,634$3,099$2,633$2,231$1,823
16 years$3,939$3,334$2,809$2,358$1,972$1,585
17 years$3,668$3,070$2,556$2,118$1,748$1,382
18 years$3,429$2,837$2,334$1,909$1,555$1,209
19 years$3,214$2,629$2,136$1,725$1,386$1,059
20 years$3,021$2,443$1,961$1,562$1,238$930
21 years$2,847$2,276$1,803$1,418$1,108$818
22 years$2,689$2,124$1,662$1,289$993$720
23 years$2,545$1,987$1,535$1,174$891$635
24 years$2,413$1,862$1,419$1,071$801$560
25 years$2,292$1,747$1,315$978$721$495
26 years$2,180$1,642$1,219$894$649$438
27 years$2,077$1,545$1,132$819$585$387
28 years$1,981$1,456$1,052$750$528$343
29 years$1,892$1,374$979$688$477$304
30 years$1,810$1,297$912$631$431$269
31 years$1,732$1,226$850$580$390$239
32 years$1,660$1,160$793$533$352$212
33 years$1,592$1,099$741$490$319$188
34 years$1,528$1,042$692$451$289$167
35 years$1,468$988$647$415$262$148
36 years$1,412$938$605$382$237$131
37 years$1,359$891$567$352$215$117
38 years$1,308$846$531$325$195$104
39 years$1,261$805$497$299$177$92
40 years$1,215$766$466$276$160$82
41 years$1,173$729$437$255$145$73
42 years$1,132$694$410$235$132$65
43 years$1,093$661$385$217$120$57
44 years$1,056$630$361$200$109$51
45 years$1,021$601$339$185$99$45
46 years$988$573$318$171$90$40
47 years$956$547$299$158$81$36
48 years$925$522$281$146$74$32
49 years$896$499$264$135$67$28
50 years$868$477$248$125$61$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $889,000, adding $4,116 every year, while hoping to spend $23,180 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: 50/25/25 Blend
51$889,000$889,000$889,000$889,000
52$983,924$936,807$923,027$1,026,003
53$1,059,621$958,047$929,285$1,076,969
54$1,142,262$979,551$934,976$1,129,670
55$1,232,531$1,001,307$940,056$1,186,484
56$1,331,181$1,023,303$944,480$1,247,810
57$1,439,040$1,045,524$948,199$1,314,091
58$1,557,022$1,067,954$951,163$1,385,810
59$1,686,131$1,090,577$953,320$1,463,503
60$1,827,472$1,113,372$954,613$1,547,762
61$1,982,266$1,136,318$954,983$1,639,236
62$2,151,853$1,159,393$954,371$1,738,643
63$2,337,710$1,182,572$952,711$1,846,774
64$2,541,466$1,205,828$949,936$1,964,501
65$2,764,912$1,229,130$945,976$2,092,785
66$3,010,023$1,252,446$940,755$2,232,688
67$3,278,972$1,275,743$934,197$2,385,377
68$3,574,154$1,298,982$926,220$2,552,142
69$3,898,208$1,322,122$916,739$2,734,403
70$4,254,039$1,345,120$905,664$2,933,727
71$4,644,849$1,367,929$892,901$3,151,842
72$5,074,164$1,390,498$878,354$3,390,652
73$5,545,869$1,412,772$861,918$3,652,256
74$6,064,242$1,434,693$843,488$3,938,970
75$6,634,000$1,456,198$822,949$4,253,346
76$7,260,336$1,477,219$800,186$4,598,199
77$7,948,973$1,497,686$775,075$4,976,631
78$8,706,215$1,517,519$747,487$5,392,062
79$9,539,010$1,536,638$717,288$5,848,264
80$10,455,009$1,554,954$684,338$6,349,393
81$11,462,645$1,572,372$648,488$6,900,035
82$12,571,209$1,588,792$609,586$7,505,241
83$13,790,936$1,604,107$567,472$8,170,582
84$15,133,106$1,618,202$521,976$8,902,201
85$16,610,145$1,630,956$472,925$9,706,866
86$18,235,746$1,642,240$420,134$10,592,042
87$20,024,997$1,651,914$363,413$11,565,955
88$21,994,521$1,659,832$302,562$12,637,677
89$24,162,636$1,665,838$237,372$13,817,205
90$26,549,527$1,669,765$167,625$15,115,561
91$29,177,432$1,671,438$93,095$16,544,893
92$32,070,859$1,670,667$13,543$18,118,596
93$35,256,812$1,667,255$0$19,851,432
94$38,765,046$1,660,990$0$21,778,708
95$42,628,349$1,651,646$0$23,904,420
96$46,882,851$1,638,987$0$26,244,797
97$51,568,363$1,622,760$0$28,821,709
98$56,728,758$1,602,696$0$31,659,256
99$62,412,375$1,578,512$0$34,784,001
100$68,672,486$1,549,908$0$38,225,217