Can I retire at age 52 with 891,000?

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 $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%14.5%
1 years$73,578$72,923$72,283$71,659$71,050$69,729
2 years$36,425$35,746$35,089$34,451$33,833$32,508
3 years$24,042$23,361$22,705$22,073$21,465$20,176
4 years$17,852$17,173$16,523$15,903$15,309$14,066
5 years$14,139$13,463$12,823$12,215$11,638$10,445
6 years$11,664$10,994$10,363$9,768$9,209$8,067
7 years$9,897$9,233$8,611$8,031$7,489$6,399
8 years$8,573$7,914$7,303$6,737$6,213$5,174
9 years$7,543$6,891$6,290$5,738$5,232$4,244
10 years$6,720$6,074$5,484$4,947$4,458$3,519
11 years$6,046$5,407$4,828$4,305$3,834$2,944
12 years$5,486$4,853$4,285$3,776$3,323$2,480
13 years$5,012$4,386$3,828$3,334$2,897$2,100
14 years$4,606$3,987$3,440$2,959$2,540$1,787
15 years$4,255$3,642$3,105$2,639$2,236$1,527
16 years$3,947$3,341$2,816$2,363$1,976$1,308
17 years$3,677$3,077$2,562$2,123$1,752$1,124
18 years$3,436$2,843$2,339$1,913$1,558$968
19 years$3,221$2,635$2,141$1,729$1,389$836
20 years$3,028$2,449$1,965$1,566$1,240$722
21 years$2,854$2,281$1,807$1,421$1,110$625
22 years$2,695$2,129$1,666$1,292$995$542
23 years$2,551$1,991$1,538$1,177$893$470
24 years$2,419$1,866$1,422$1,073$803$408
25 years$2,297$1,751$1,317$980$722$354
26 years$2,185$1,646$1,222$896$651$308
27 years$2,082$1,549$1,135$820$587$268
28 years$1,986$1,459$1,055$752$529$233
29 years$1,897$1,377$982$689$478$203
30 years$1,814$1,300$914$633$432$177
31 years$1,736$1,229$852$581$391$154
32 years$1,664$1,163$795$534$353$135
33 years$1,596$1,101$743$491$320$117
34 years$1,532$1,044$694$452$289$102
35 years$1,472$990$649$416$262$89
36 years$1,415$940$607$383$238$78
37 years$1,362$893$568$353$215$68
38 years$1,311$848$532$325$195$59
39 years$1,263$807$498$300$177$52
40 years$1,218$767$467$277$161$45
41 years$1,175$730$438$255$146$39
42 years$1,134$696$411$236$132$34
43 years$1,096$663$385$217$120$30
44 years$1,059$632$362$201$109$26
45 years$1,023$603$340$185$99$23
46 years$990$575$319$171$90$20
47 years$958$549$300$158$81$17
48 years$927$524$282$146$74$15
49 years$898$500$265$135$67$13
50 years$870$478$249$125$61$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $891,000, adding $4,473 every year, while hoping to spend $56,321 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: 41/50/9 Blend
51$891,000$891,000$891,000$891,000
52$986,496$939,273$925,462$1,024,129
53$1,027,193$925,372$896,540$1,037,011
54$1,070,154$908,903$864,762$1,044,958
55$1,115,550$889,679$829,971$1,052,285
56$1,163,568$867,505$792,007$1,058,958
57$1,214,412$842,173$750,699$1,064,945
58$1,268,305$813,462$705,871$1,070,215
59$1,325,491$781,141$657,336$1,074,738
60$1,386,236$744,962$604,902$1,078,489
61$1,450,832$704,665$548,366$1,081,443
62$1,519,597$659,974$487,517$1,083,580
63$1,592,881$610,597$422,134$1,084,885
64$1,671,066$556,228$351,986$1,085,347
65$1,754,571$496,539$276,834$1,084,963
66$1,843,855$431,187$196,425$1,083,737
67$1,939,420$359,807$110,498$1,081,680
68$2,041,819$282,016$18,778$1,078,815
69$2,151,657$197,407$0$1,075,176
70$2,269,599$105,552$0$1,078,408
71$2,396,371$5,998$0$1,083,395
72$2,532,776$0$0$1,088,442
73$2,679,692$0$0$1,149,656
74$2,838,083$0$0$1,219,296
75$3,009,009$0$0$1,294,539
76$3,193,635$0$0$1,375,910
77$3,393,240$0$0$1,463,984
78$3,609,232$0$0$1,559,395
79$3,843,156$0$0$1,662,840
80$4,096,713$0$0$1,775,084
81$4,371,772$0$0$1,896,970
82$4,670,388$0$0$2,029,425
83$4,994,822$0$0$2,173,468
84$5,347,563$0$0$2,330,219
85$5,731,347$0$0$2,500,914
86$6,149,183$0$0$2,686,909
87$6,604,386$0$0$2,889,699
88$7,100,602$0$0$3,110,929
89$7,641,842$0$0$3,352,409
90$8,232,524$0$0$3,616,130
91$8,877,508$0$0$3,904,287
92$9,582,147$0$0$4,219,294
93$10,352,331$0$0$4,563,810
94$11,194,548$0$0$4,940,763
95$12,115,939$0$0$5,353,375
96$13,124,367$0$0$5,805,197
97$14,228,492$0$0$6,300,136
98$15,437,849$0$0$6,842,497
99$16,762,938$0$0$7,437,021
100$18,215,326$0$0$8,088,929