Can I retire at age 52 with 890,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%12.4%
1 years$73,495$72,841$72,202$71,579$70,970$70,258
2 years$36,384$35,706$35,050$34,413$33,795$33,078
3 years$24,015$23,334$22,679$22,049$21,441$20,741
4 years$17,832$17,153$16,505$15,885$15,292$14,615
5 years$14,123$13,448$12,808$12,201$11,625$10,972
6 years$11,651$10,982$10,351$9,757$9,198$8,571
7 years$9,886$9,222$8,602$8,022$7,481$6,879
8 years$8,563$7,905$7,295$6,729$6,206$5,629
9 years$7,534$6,883$6,283$5,732$5,226$4,675
10 years$6,712$6,067$5,478$4,941$4,453$3,927
11 years$6,040$5,401$4,823$4,300$3,830$3,328
12 years$5,480$4,848$4,280$3,772$3,319$2,841
13 years$5,006$4,381$3,824$3,330$2,894$2,440
14 years$4,601$3,982$3,436$2,956$2,537$2,106
15 years$4,250$3,638$3,102$2,636$2,234$1,825
16 years$3,943$3,338$2,812$2,360$1,974$1,587
17 years$3,673$3,074$2,559$2,121$1,750$1,384
18 years$3,432$2,840$2,336$1,911$1,556$1,210
19 years$3,218$2,632$2,139$1,727$1,387$1,060
20 years$3,025$2,446$1,963$1,564$1,239$931
21 years$2,851$2,278$1,805$1,420$1,109$819
22 years$2,692$2,127$1,664$1,291$994$721
23 years$2,548$1,989$1,536$1,175$892$635
24 years$2,416$1,864$1,421$1,072$802$561
25 years$2,295$1,749$1,316$979$722$495
26 years$2,183$1,644$1,221$895$650$438
27 years$2,079$1,547$1,133$819$586$388
28 years$1,984$1,458$1,054$751$529$343
29 years$1,895$1,375$980$688$477$304
30 years$1,812$1,299$913$632$431$269
31 years$1,734$1,228$851$580$390$239
32 years$1,662$1,162$794$533$353$212
33 years$1,594$1,100$742$490$319$188
34 years$1,530$1,043$693$451$289$167
35 years$1,470$989$648$415$262$148
36 years$1,414$939$606$383$237$132
37 years$1,360$892$567$352$215$117
38 years$1,310$847$531$325$195$104
39 years$1,262$806$498$300$177$92
40 years$1,217$767$467$276$160$82
41 years$1,174$730$437$255$145$73
42 years$1,133$695$410$235$132$65
43 years$1,094$662$385$217$120$58
44 years$1,057$631$361$201$109$51
45 years$1,022$602$339$185$99$45
46 years$989$574$319$171$90$40
47 years$957$548$299$158$81$36
48 years$926$523$281$146$74$32
49 years$897$499$265$135$67$28
50 years$869$477$249$125$61$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $890,000, adding $3,569 every year, while hoping to spend $47,948 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: 51/27/22 Blend
51$890,000$890,000$890,000$890,000
52$984,461$937,291$923,496$1,028,464
53$1,033,860$932,202$903,417$1,054,193
54$1,086,691$925,257$881,058$1,076,950
55$1,143,252$916,314$856,293$1,100,695
56$1,203,873$905,222$828,988$1,125,540
57$1,268,914$891,824$799,005$1,151,610
58$1,338,769$875,949$766,197$1,179,047
59$1,413,873$857,420$730,415$1,208,009
60$1,494,702$836,048$691,498$1,238,675
61$1,581,779$811,632$649,280$1,271,245
62$1,675,678$783,959$603,589$1,305,941
63$1,777,031$752,807$554,242$1,343,014
64$1,886,530$717,936$501,051$1,382,744
65$2,004,937$679,097$443,818$1,425,442
66$2,133,091$636,022$382,336$1,471,457
67$2,271,911$588,432$316,389$1,521,178
68$2,422,410$536,030$245,752$1,575,039
69$2,585,702$478,500$170,190$1,633,523
70$2,763,009$415,513$89,458$1,697,169
71$2,955,679$346,716$3,297$1,766,575
72$3,165,193$271,740$0$1,842,410
73$3,393,180$190,193$0$1,946,223
74$3,641,434$101,662$0$2,060,210
75$3,911,928$5,710$0$2,184,580
76$4,206,832$0$0$2,320,421
77$4,528,537$0$0$2,498,093
78$4,879,674$0$0$2,693,957
79$5,263,136$0$0$2,907,943
80$5,682,113$0$0$3,141,840
81$6,140,113$0$0$3,397,618
82$6,640,999$0$0$3,677,449
83$7,189,025$0$0$3,983,720
84$7,788,875$0$0$4,319,064
85$8,445,707$0$0$4,686,375
86$9,165,200$0$0$5,088,846
87$9,953,609$0$0$5,529,989
88$10,817,823$0$0$6,013,674
89$11,765,429$0$0$6,544,164
90$12,804,782$0$0$7,126,152
91$13,945,087$0$0$7,764,808
92$15,196,481$0$0$8,465,829
93$16,570,130$0$0$9,235,489
94$18,078,336$0$0$10,080,697
95$19,734,646$0$0$11,009,066
96$21,553,989$0$0$12,028,984
97$23,552,806$0$0$13,149,688
98$25,749,213$0$0$14,381,358
99$28,163,164$0$0$15,735,205
100$30,816,646$0$0$17,223,584