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%19.4%
1 years$73,743$73,086$72,445$71,820$71,209$68,519
2 years$36,506$35,827$35,168$34,529$33,909$31,230
3 years$24,096$23,413$22,756$22,123$21,513$18,930
4 years$17,892$17,211$16,560$15,938$15,343$12,875
5 years$14,170$13,494$12,852$12,242$11,664$9,317
6 years$11,690$11,019$10,386$9,790$9,229$7,005
7 years$9,919$9,253$8,631$8,049$7,506$5,404
8 years$8,592$7,932$7,320$6,752$6,227$4,246
9 years$7,560$6,906$6,304$5,751$5,244$3,380
10 years$6,735$6,087$5,496$4,958$4,468$2,719
11 years$6,060$5,419$4,839$4,315$3,843$2,204
12 years$5,498$4,864$4,294$3,785$3,330$1,797
13 years$5,023$4,396$3,837$3,341$2,904$1,473
14 years$4,616$3,996$3,447$2,966$2,545$1,212
15 years$4,264$3,650$3,112$2,645$2,241$1,000
16 years$3,956$3,349$2,822$2,368$1,981$828
17 years$3,685$3,084$2,568$2,128$1,756$686
18 years$3,444$2,850$2,344$1,918$1,562$570
19 years$3,229$2,641$2,146$1,733$1,392$474
20 years$3,035$2,454$1,969$1,569$1,243$395
21 years$2,860$2,286$1,811$1,424$1,113$329
22 years$2,701$2,134$1,670$1,295$997$274
23 years$2,557$1,996$1,542$1,179$895$229
24 years$2,424$1,870$1,426$1,076$805$191
25 years$2,302$1,755$1,320$982$724$160
26 years$2,190$1,649$1,225$898$652$134
27 years$2,086$1,552$1,137$822$588$112
28 years$1,990$1,463$1,057$753$531$93
29 years$1,901$1,380$984$691$479$78
30 years$1,818$1,303$916$634$433$65
31 years$1,740$1,232$854$582$391$55
32 years$1,667$1,166$797$535$354$46
33 years$1,599$1,104$744$492$320$38
34 years$1,535$1,046$695$453$290$32
35 years$1,475$992$650$417$263$27
36 years$1,418$942$608$384$238$23
37 years$1,365$895$569$354$216$19
38 years$1,314$850$533$326$196$16
39 years$1,266$808$499$301$177$13
40 years$1,221$769$468$277$161$11
41 years$1,178$732$439$256$146$9
42 years$1,137$697$412$236$132$8
43 years$1,098$664$386$218$120$6
44 years$1,061$633$363$201$109$5
45 years$1,026$604$341$186$99$5
46 years$992$576$320$172$90$4
47 years$960$550$300$159$82$3
48 years$929$525$282$147$74$3
49 years$900$501$265$135$67$2
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 $4,158 every year, while hoping to spend $43,488 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: 83/5/12 Blend
51$893,000$893,000$893,000$893,000
52$988,375$941,046$927,204$1,067,986
53$1,042,918$940,886$911,995$1,120,587
54$1,101,568$939,261$894,818$1,172,149
55$1,164,696$936,053$875,563$1,227,470
56$1,232,712$931,137$854,112$1,286,905
57$1,306,066$924,381$830,342$1,350,843
58$1,385,253$915,643$804,126$1,419,712
59$1,470,814$904,775$775,330$1,493,986
60$1,563,347$891,619$743,813$1,574,183
61$1,663,507$876,007$709,430$1,660,878
62$1,772,016$857,763$672,027$1,754,701
63$1,889,666$836,697$631,444$1,856,348
64$2,017,329$812,612$587,514$1,966,586
65$2,155,963$785,297$540,063$2,086,258
66$2,306,623$754,528$488,907$2,216,295
67$2,470,469$720,071$433,856$2,357,723
68$2,648,777$681,675$374,710$2,511,670
69$2,842,952$639,076$311,263$2,679,383
70$3,054,539$591,997$243,296$2,862,232
71$3,285,238$540,141$170,582$3,061,731
72$3,536,921$483,197$92,886$3,279,545
73$3,811,649$420,835$9,959$3,517,511
74$4,111,688$352,707$0$3,777,654
75$4,439,536$278,446$0$4,072,260
76$4,797,941$197,662$0$4,395,747
77$5,189,929$109,945$0$4,749,583
78$5,618,831$14,861$0$5,136,795
79$6,088,317$0$0$5,560,713
80$6,602,425$0$0$6,029,851
81$7,165,605$0$0$6,544,682
82$7,782,756$0$0$7,108,869
83$8,459,274$0$0$7,727,347
84$9,201,101$0$0$8,405,551
85$10,014,782$0$0$9,149,467
86$10,907,526$0$0$9,965,689
87$11,887,274$0$0$10,861,479
88$12,962,773$0$0$11,844,838
89$14,143,657$0$0$12,924,577
90$15,440,539$0$0$14,110,404
91$16,865,112$0$0$15,413,012
92$18,430,255$0$0$16,844,181
93$20,150,157$0$0$18,416,889
94$22,040,449$0$0$20,145,434
95$24,118,353$0$0$22,045,566
96$26,402,841$0$0$24,134,638
97$28,914,816$0$0$26,431,769
98$31,677,307$0$0$28,958,022
99$34,715,687$0$0$31,736,605
100$38,057,913$0$0$34,793,087