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%11.8%
1 years$73,743$73,086$72,445$71,820$71,209$70,671
2 years$36,506$35,827$35,168$34,529$33,909$33,367
3 years$24,096$23,413$22,756$22,123$21,513$20,984
4 years$17,892$17,211$16,560$15,938$15,343$14,830
5 years$14,170$13,494$12,852$12,242$11,664$11,169
6 years$11,690$11,019$10,386$9,790$9,229$8,753
7 years$9,919$9,253$8,631$8,049$7,506$7,048
8 years$8,592$7,932$7,320$6,752$6,227$5,788
9 years$7,560$6,906$6,304$5,751$5,244$4,824
10 years$6,735$6,087$5,496$4,958$4,468$4,066
11 years$6,060$5,419$4,839$4,315$3,843$3,459
12 years$5,498$4,864$4,294$3,785$3,330$2,964
13 years$5,023$4,396$3,837$3,341$2,904$2,555
14 years$4,616$3,996$3,447$2,966$2,545$2,214
15 years$4,264$3,650$3,112$2,645$2,241$1,926
16 years$3,956$3,349$2,822$2,368$1,981$1,682
17 years$3,685$3,084$2,568$2,128$1,756$1,473
18 years$3,444$2,850$2,344$1,918$1,562$1,294
19 years$3,229$2,641$2,146$1,733$1,392$1,138
20 years$3,035$2,454$1,969$1,569$1,243$1,004
21 years$2,860$2,286$1,811$1,424$1,113$887
22 years$2,701$2,134$1,670$1,295$997$784
23 years$2,557$1,996$1,542$1,179$895$695
24 years$2,424$1,870$1,426$1,076$805$616
25 years$2,302$1,755$1,320$982$724$547
26 years$2,190$1,649$1,225$898$652$486
27 years$2,086$1,552$1,137$822$588$432
28 years$1,990$1,463$1,057$753$531$384
29 years$1,901$1,380$984$691$479$342
30 years$1,818$1,303$916$634$433$304
31 years$1,740$1,232$854$582$391$271
32 years$1,667$1,166$797$535$354$242
33 years$1,599$1,104$744$492$320$216
34 years$1,535$1,046$695$453$290$192
35 years$1,475$992$650$417$263$172
36 years$1,418$942$608$384$238$153
37 years$1,365$895$569$354$216$137
38 years$1,314$850$533$326$196$122
39 years$1,266$808$499$301$177$109
40 years$1,221$769$468$277$161$97
41 years$1,178$732$439$256$146$87
42 years$1,137$697$412$236$132$78
43 years$1,098$664$386$218$120$69
44 years$1,061$633$363$201$109$62
45 years$1,026$604$341$186$99$55
46 years$992$576$320$172$90$50
47 years$960$550$300$159$82$44
48 years$929$525$282$147$74$40
49 years$900$501$265$135$67$35
50 years$872$479$250$125$61$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $893,000, adding $4,566 every year, while hoping to spend $40,518 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: 64/18/18 Blend
51$893,000$893,000$893,000$893,000
52$988,796$941,467$927,625$1,047,334
53$1,046,542$944,488$915,590$1,090,225
54$1,108,821$946,299$901,793$1,132,033
55$1,176,051$946,798$886,134$1,176,742
56$1,248,693$945,877$868,505$1,224,638
57$1,327,255$943,420$848,795$1,276,035
58$1,412,293$939,305$826,887$1,331,281
59$1,504,419$933,403$802,660$1,390,762
60$1,604,306$925,576$775,985$1,454,901
61$1,712,694$915,678$746,730$1,524,169
62$1,830,397$903,555$714,754$1,599,084
63$1,958,311$889,042$679,911$1,680,221
64$2,097,421$871,967$642,050$1,768,213
65$2,248,809$852,145$601,010$1,863,760
66$2,413,669$829,381$556,625$1,967,635
67$2,593,312$803,470$508,721$2,080,692
68$2,789,182$774,192$457,115$2,203,875
69$3,002,869$741,318$401,619$2,338,226
70$3,236,121$704,602$342,033$2,484,895
71$3,490,864$663,786$278,150$2,645,154
72$3,769,217$618,597$209,753$2,820,405
73$4,073,515$568,746$136,617$3,012,198
74$4,406,326$513,927$58,506$3,222,243
75$4,770,479$453,817$0$3,452,429
76$5,169,089$388,075$0$3,709,614
77$5,605,586$316,340$0$4,003,628
78$6,083,747$238,232$0$4,325,815
79$6,607,731$153,348$0$4,679,030
80$7,182,121$61,263$0$5,066,426
81$7,811,960$0$0$5,491,475
82$8,502,807$0$0$5,965,628
83$9,260,783$0$0$6,499,229
84$10,092,629$0$0$7,084,898
85$11,005,771$0$0$7,727,872
86$12,008,390$0$0$8,433,920
87$13,109,497$0$0$9,209,395
88$14,319,019$0$0$10,061,298
89$15,647,891$0$0$10,997,340
90$17,108,161$0$0$12,026,016
91$18,713,100$0$0$13,156,687
92$20,477,330$0$0$14,399,663
93$22,416,960$0$0$15,766,303
94$24,549,736$0$0$17,269,124
95$26,895,213$0$0$18,921,914
96$29,474,932$0$0$20,739,866
97$32,312,629$0$0$22,739,718
98$35,434,456$0$0$24,939,914
99$38,869,227$0$0$27,360,773
100$42,648,688$0$0$30,024,685