Can I retire at age 52 with 893,000?

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 $893,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$73,743$73,086$72,445$71,820$71,209$68,710
2 years$36,506$35,827$35,168$34,529$33,909$31,417
3 years$24,096$23,413$22,756$22,123$21,513$19,107
4 years$17,892$17,211$16,560$15,938$15,343$13,042
5 years$14,170$13,494$12,852$12,242$11,664$9,473
6 years$11,690$11,019$10,386$9,790$9,229$7,150
7 years$9,919$9,253$8,631$8,049$7,506$5,538
8 years$8,592$7,932$7,320$6,752$6,227$4,369
9 years$7,560$6,906$6,304$5,751$5,244$3,493
10 years$6,735$6,087$5,496$4,958$4,468$2,822
11 years$6,060$5,419$4,839$4,315$3,843$2,298
12 years$5,498$4,864$4,294$3,785$3,330$1,883
13 years$5,023$4,396$3,837$3,341$2,904$1,551
14 years$4,616$3,996$3,447$2,966$2,545$1,282
15 years$4,264$3,650$3,112$2,645$2,241$1,063
16 years$3,956$3,349$2,822$2,368$1,981$884
17 years$3,685$3,084$2,568$2,128$1,756$737
18 years$3,444$2,850$2,344$1,918$1,562$615
19 years$3,229$2,641$2,146$1,733$1,392$514
20 years$3,035$2,454$1,969$1,569$1,243$431
21 years$2,860$2,286$1,811$1,424$1,113$361
22 years$2,701$2,134$1,670$1,295$997$303
23 years$2,557$1,996$1,542$1,179$895$254
24 years$2,424$1,870$1,426$1,076$805$213
25 years$2,302$1,755$1,320$982$724$179
26 years$2,190$1,649$1,225$898$652$151
27 years$2,086$1,552$1,137$822$588$127
28 years$1,990$1,463$1,057$753$531$107
29 years$1,901$1,380$984$691$479$90
30 years$1,818$1,303$916$634$433$75
31 years$1,740$1,232$854$582$391$64
32 years$1,667$1,166$797$535$354$53
33 years$1,599$1,104$744$492$320$45
34 years$1,535$1,046$695$453$290$38
35 years$1,475$992$650$417$263$32
36 years$1,418$942$608$384$238$27
37 years$1,365$895$569$354$216$23
38 years$1,314$850$533$326$196$19
39 years$1,266$808$499$301$177$16
40 years$1,221$769$468$277$161$14
41 years$1,178$732$439$256$146$11
42 years$1,137$697$412$236$132$10
43 years$1,098$664$386$218$120$8
44 years$1,061$633$363$201$109$7
45 years$1,026$604$341$186$99$6
46 years$992$576$320$172$90$5
47 years$960$550$300$159$82$4
48 years$929$525$282$147$74$3
49 years$900$501$265$135$67$3
50 years$872$479$250$125$61$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $893,000, adding $6,456 every year, while hoping to spend $43,959 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: 32/46/22 Blend
51$893,000$893,000$893,000$893,000
52$990,745$943,416$929,575$1,015,553
53$1,045,029$942,872$913,944$1,034,221
54$1,103,377$940,827$896,315$1,049,895
55$1,166,156$937,163$876,577$1,065,872
56$1,233,772$931,751$854,609$1,082,208
57$1,306,667$924,457$830,289$1,098,965
58$1,385,329$915,138$803,486$1,116,218
59$1,470,295$903,641$774,065$1,134,051
60$1,562,152$889,807$741,884$1,152,562
61$1,661,548$873,465$706,793$1,171,863
62$1,769,195$854,433$668,640$1,192,083
63$1,885,874$832,521$627,260$1,213,369
64$2,012,444$807,526$582,485$1,235,887
65$2,149,853$779,235$534,138$1,259,828
66$2,299,140$747,419$482,033$1,285,407
67$2,461,449$711,839$425,978$1,312,868
68$2,638,040$672,242$365,771$1,342,486
69$2,830,296$628,359$301,201$1,374,573
70$3,039,743$579,905$232,048$1,409,480
71$3,268,057$526,580$158,082$1,447,600
72$3,517,085$468,068$79,063$1,489,377
73$3,788,857$404,034$0$1,535,309
74$4,085,611$334,121$0$1,587,191
75$4,409,808$257,958$0$1,664,298
76$4,764,157$175,147$0$1,748,816
77$5,151,644$85,272$0$1,841,595
78$5,575,553$0$0$1,943,581
79$6,039,502$0$0$2,061,954
80$6,547,473$0$0$2,238,949
81$7,103,854$0$0$2,432,947
82$7,713,475$0$0$2,645,651
83$8,381,655$0$0$2,878,934
84$9,114,254$0$0$3,134,859
85$9,917,724$0$0$3,415,700
86$10,799,174$0$0$3,723,962
87$11,766,432$0$0$4,062,401
88$12,828,121$0$0$4,434,058
89$13,993,740$0$0$4,842,277
90$15,273,752$0$0$5,290,748
91$16,679,684$0$0$5,783,531
92$18,224,234$0$0$6,325,102
93$19,921,388$0$0$6,920,389
94$21,786,559$0$0$7,574,825
95$23,836,722$0$0$8,294,393
96$26,090,582$0$0$9,085,686
97$28,568,745$0$0$9,955,966
98$31,293,914$0$0$10,913,236
99$34,291,101$0$0$11,966,313
100$37,587,866$0$0$13,124,912