Can I retire at age 52 with 890,000?

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 $890,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$73,495$72,841$72,202$71,579$70,970$70,083
2 years$36,384$35,706$35,050$34,413$33,795$32,903
3 years$24,015$23,334$22,679$22,049$21,441$20,571
4 years$17,832$17,153$16,505$15,885$15,292$14,451
5 years$14,123$13,448$12,808$12,201$11,625$10,815
6 years$11,651$10,982$10,351$9,757$9,198$8,421
7 years$9,886$9,222$8,602$8,022$7,481$6,736
8 years$8,563$7,905$7,295$6,729$6,206$5,494
9 years$7,534$6,883$6,283$5,732$5,226$4,546
10 years$6,712$6,067$5,478$4,941$4,453$3,805
11 years$6,040$5,401$4,823$4,300$3,830$3,213
12 years$5,480$4,848$4,280$3,772$3,319$2,732
13 years$5,006$4,381$3,824$3,330$2,894$2,337
14 years$4,601$3,982$3,436$2,956$2,537$2,009
15 years$4,250$3,638$3,102$2,636$2,234$1,734
16 years$3,943$3,338$2,812$2,360$1,974$1,502
17 years$3,673$3,074$2,559$2,121$1,750$1,304
18 years$3,432$2,840$2,336$1,911$1,556$1,135
19 years$3,218$2,632$2,139$1,727$1,387$991
20 years$3,025$2,446$1,963$1,564$1,239$866
21 years$2,851$2,278$1,805$1,420$1,109$758
22 years$2,692$2,127$1,664$1,291$994$664
23 years$2,548$1,989$1,536$1,175$892$583
24 years$2,416$1,864$1,421$1,072$802$512
25 years$2,295$1,749$1,316$979$722$450
26 years$2,183$1,644$1,221$895$650$396
27 years$2,079$1,547$1,133$819$586$349
28 years$1,984$1,458$1,054$751$529$307
29 years$1,895$1,375$980$688$477$271
30 years$1,812$1,299$913$632$431$239
31 years$1,734$1,228$851$580$390$211
32 years$1,662$1,162$794$533$353$186
33 years$1,594$1,100$742$490$319$164
34 years$1,530$1,043$693$451$289$145
35 years$1,470$989$648$415$262$128
36 years$1,414$939$606$383$237$113
37 years$1,360$892$567$352$215$100
38 years$1,310$847$531$325$195$88
39 years$1,262$806$498$300$177$78
40 years$1,217$767$467$276$160$69
41 years$1,174$730$437$255$145$61
42 years$1,133$695$410$235$132$54
43 years$1,094$662$385$217$120$48
44 years$1,057$631$361$201$109$42
45 years$1,022$602$339$185$99$37
46 years$989$574$319$171$90$33
47 years$957$548$299$158$81$29
48 years$926$523$281$146$74$26
49 years$897$499$265$135$67$23
50 years$869$477$249$125$61$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $890,000, adding $2,911 every year, while hoping to spend $31,121 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: 47/34/19 Blend
51$890,000$890,000$890,000$890,000
52$983,783$936,613$922,818$1,024,589
53$1,051,016$949,394$920,620$1,066,101
54$1,124,064$961,759$917,305$1,107,769
55$1,203,487$973,654$912,803$1,152,340
56$1,289,902$985,022$907,041$1,200,099
57$1,383,986$995,802$899,941$1,251,361
58$1,486,485$1,005,929$891,422$1,306,473
59$1,598,222$1,015,335$881,400$1,365,819
60$1,720,100$1,023,945$869,785$1,429,824
61$1,853,113$1,031,681$856,486$1,498,956
62$1,998,356$1,038,460$841,404$1,573,734
63$2,157,036$1,044,191$824,439$1,654,732
64$2,330,478$1,048,782$805,482$1,742,580
65$2,520,145$1,052,130$784,424$1,837,979
66$2,727,644$1,054,129$761,147$1,941,701
67$2,954,747$1,054,665$735,528$2,054,598
68$3,203,405$1,053,616$707,442$2,177,613
69$3,475,765$1,050,856$676,754$2,311,786
70$3,774,192$1,046,247$643,324$2,458,267
71$4,101,292$1,039,645$607,008$2,618,325
72$4,459,933$1,030,897$567,651$2,793,360
73$4,853,275$1,019,840$525,097$2,984,921
74$5,284,798$1,006,302$479,177$3,194,716
75$5,758,336$990,099$429,718$3,424,632
76$6,278,112$971,039$376,539$3,676,751
77$6,848,776$948,917$319,450$3,953,371
78$7,475,452$923,515$258,252$4,257,031
79$8,163,784$894,603$192,740$4,590,530
80$8,919,990$861,939$122,697$4,956,961
81$9,750,920$825,264$47,897$5,359,735
82$10,664,118$784,307$0$5,802,618
83$11,667,899$738,779$0$6,296,236
84$12,771,421$688,375$0$6,849,485
85$13,984,773$632,773$0$7,457,756
86$15,319,074$571,633$0$8,126,685
87$16,786,571$504,594$0$8,862,486
88$18,400,759$431,277$0$9,672,014
89$20,176,505$351,278$0$10,562,824
90$22,130,192$264,174$0$11,543,251
91$24,279,869$169,516$0$12,622,482
92$26,645,423$66,830$0$13,810,648
93$29,248,768$0$0$15,118,920
94$32,114,048$0$0$16,576,221
95$35,267,866$0$0$18,207,917
96$38,739,536$0$0$20,004,184
97$42,561,359$0$0$21,981,751
98$46,768,925$0$0$24,159,049
99$51,401,452$0$0$26,556,390
100$56,502,152$0$0$29,196,152