Can I retire at age 52 with 891,000?

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 $891,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$73,578$72,923$72,283$71,659$71,050$69,220
2 years$36,425$35,746$35,089$34,451$33,833$32,002
3 years$24,042$23,361$22,705$22,073$21,465$19,689
4 years$17,852$17,173$16,523$15,903$15,309$13,603
5 years$14,139$13,463$12,823$12,215$11,638$10,006
6 years$11,664$10,994$10,363$9,768$9,209$7,652
7 years$9,897$9,233$8,611$8,031$7,489$6,009
8 years$8,573$7,914$7,303$6,737$6,213$4,808
9 years$7,543$6,891$6,290$5,738$5,232$3,901
10 years$6,720$6,074$5,484$4,947$4,458$3,199
11 years$6,046$5,407$4,828$4,305$3,834$2,646
12 years$5,486$4,853$4,285$3,776$3,323$2,202
13 years$5,012$4,386$3,828$3,334$2,897$1,843
14 years$4,606$3,987$3,440$2,959$2,540$1,549
15 years$4,255$3,642$3,105$2,639$2,236$1,307
16 years$3,947$3,341$2,816$2,363$1,976$1,106
17 years$3,677$3,077$2,562$2,123$1,752$938
18 years$3,436$2,843$2,339$1,913$1,558$797
19 years$3,221$2,635$2,141$1,729$1,389$679
20 years$3,028$2,449$1,965$1,566$1,240$579
21 years$2,854$2,281$1,807$1,421$1,110$494
22 years$2,695$2,129$1,666$1,292$995$422
23 years$2,551$1,991$1,538$1,177$893$361
24 years$2,419$1,866$1,422$1,073$803$309
25 years$2,297$1,751$1,317$980$722$265
26 years$2,185$1,646$1,222$896$651$227
27 years$2,082$1,549$1,135$820$587$195
28 years$1,986$1,459$1,055$752$529$167
29 years$1,897$1,377$982$689$478$143
30 years$1,814$1,300$914$633$432$123
31 years$1,736$1,229$852$581$391$106
32 years$1,664$1,163$795$534$353$91
33 years$1,596$1,101$743$491$320$78
34 years$1,532$1,044$694$452$289$67
35 years$1,472$990$649$416$262$57
36 years$1,415$940$607$383$238$49
37 years$1,362$893$568$353$215$42
38 years$1,311$848$532$325$195$36
39 years$1,263$807$498$300$177$31
40 years$1,218$767$467$277$161$27
41 years$1,175$730$438$255$146$23
42 years$1,134$696$411$236$132$20
43 years$1,096$663$385$217$120$17
44 years$1,059$632$362$201$109$15
45 years$1,023$603$340$185$99$13
46 years$990$575$319$171$90$11
47 years$958$549$300$158$81$9
48 years$927$524$282$146$74$8
49 years$898$500$265$135$67$7
50 years$870$478$249$125$61$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $891,000, adding $6,584 every year, while hoping to spend $35,720 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: 76/12/12 Blend
51$891,000$891,000$891,000$891,000
52$988,673$941,450$927,640$1,060,996
53$1,051,512$949,576$920,710$1,117,704
54$1,119,564$956,902$912,351$1,174,689
55$1,193,321$963,352$902,477$1,236,157
56$1,273,328$968,845$890,998$1,302,544
57$1,360,182$973,293$877,821$1,374,326
58$1,454,540$976,603$862,847$1,452,031
59$1,557,124$978,678$845,973$1,536,238
60$1,668,730$979,412$827,093$1,627,587
61$1,790,232$978,695$806,092$1,726,783
62$1,922,593$976,408$782,853$1,834,602
63$2,066,872$972,427$757,253$1,951,901
64$2,224,235$966,618$729,164$2,079,623
65$2,395,965$958,840$698,449$2,218,810
66$2,583,475$948,945$664,968$2,370,607
67$2,788,319$936,773$628,574$2,536,278
68$3,012,209$922,156$589,113$2,717,218
69$3,257,029$904,917$546,423$2,914,962
70$3,524,855$884,866$500,337$3,131,204
71$3,817,970$861,805$450,679$3,367,810
72$4,138,892$835,522$397,265$3,626,838
73$4,490,389$805,793$339,903$3,910,556
74$4,875,512$772,380$278,394$4,221,465
75$5,297,622$735,035$212,528$4,562,322
76$5,760,419$693,491$142,087$4,936,165
77$6,267,978$647,468$66,843$5,346,344
78$6,824,787$596,670$0$5,796,552
79$7,435,792$540,783$0$6,292,583
80$8,106,438$479,476$0$6,846,447
81$8,842,724$412,400$0$7,454,556
82$9,651,258$339,183$0$8,122,398
83$10,539,319$259,437$0$8,856,022
84$11,514,928$172,747$0$9,662,089
85$12,586,917$78,678$0$10,547,946
86$13,765,019$0$0$11,521,684
87$15,059,956$0$0$12,595,289
88$16,483,541$0$0$13,787,011
89$18,048,786$0$0$15,097,359
90$19,770,030$0$0$16,538,341
91$21,663,069$0$0$18,123,186
92$23,745,308$0$0$19,866,471
93$26,035,922$0$0$21,784,254
94$28,556,039$0$0$23,894,230
95$31,328,939$0$0$26,215,896
96$34,380,270$0$0$28,770,731
97$37,738,294$0$0$31,582,405
98$41,434,151$0$0$34,676,998
99$45,502,151$0$0$38,083,244
100$49,980,102$0$0$41,832,807