Can I retire at age 52 with 894,000?

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 $894,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$73,826$73,168$72,527$71,900$71,289$70,340
2 years$36,547$35,867$35,207$34,567$33,947$32,992
3 years$24,123$23,439$22,781$22,148$21,537$20,607
4 years$17,912$17,230$16,579$15,956$15,361$14,461
5 years$14,186$13,509$12,866$12,256$11,677$10,811
6 years$11,703$11,031$10,398$9,801$9,240$8,409
7 years$9,930$9,264$8,640$8,058$7,514$6,719
8 years$8,601$7,941$7,328$6,760$6,234$5,474
9 years$7,568$6,914$6,311$5,758$5,250$4,524
10 years$6,742$6,094$5,502$4,963$4,473$3,782
11 years$6,067$5,425$4,844$4,320$3,847$3,189
12 years$5,504$4,869$4,299$3,789$3,334$2,709
13 years$5,029$4,401$3,841$3,345$2,907$2,314
14 years$4,622$4,000$3,451$2,969$2,548$1,987
15 years$4,269$3,654$3,116$2,648$2,244$1,712
16 years$3,961$3,353$2,825$2,371$1,983$1,481
17 years$3,689$3,088$2,571$2,130$1,758$1,284
18 years$3,448$2,853$2,347$1,920$1,563$1,116
19 years$3,232$2,644$2,148$1,735$1,393$973
20 years$3,038$2,457$1,972$1,571$1,245$849
21 years$2,863$2,289$1,813$1,426$1,114$742
22 years$2,704$2,136$1,671$1,297$998$649
23 years$2,559$1,998$1,543$1,181$896$569
24 years$2,427$1,872$1,427$1,077$806$499
25 years$2,305$1,757$1,322$984$725$438
26 years$2,193$1,651$1,226$899$653$385
27 years$2,089$1,554$1,138$823$589$338
28 years$1,993$1,464$1,058$754$531$298
29 years$1,903$1,381$985$692$480$262
30 years$1,820$1,305$917$635$433$231
31 years$1,742$1,233$855$583$392$203
32 years$1,669$1,167$798$536$354$179
33 years$1,601$1,105$745$493$321$158
34 years$1,537$1,047$696$453$290$139
35 years$1,477$993$651$417$263$123
36 years$1,420$943$609$384$238$108
37 years$1,366$896$570$354$216$95
38 years$1,316$851$534$326$196$84
39 years$1,268$809$500$301$178$74
40 years$1,222$770$469$278$161$66
41 years$1,179$733$439$256$146$58
42 years$1,138$698$412$236$133$51
43 years$1,099$665$387$218$120$45
44 years$1,062$634$363$201$109$40
45 years$1,027$605$341$186$99$35
46 years$993$577$320$172$90$31
47 years$961$550$301$159$82$27
48 years$930$525$283$147$74$24
49 years$901$502$266$136$67$21
50 years$873$479$250$125$61$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $894,000, adding $2,013 every year, while hoping to spend $39,365 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: 34/38/28 Blend
51$894,000$894,000$894,000$894,000
52$987,264$939,882$926,025$1,012,407
53$1,046,081$944,053$915,163$1,035,719
54$1,109,578$947,108$902,618$1,057,180
55$1,178,191$948,952$888,291$1,079,563
56$1,252,398$949,482$872,081$1,102,975
57$1,332,727$948,591$853,879$1,127,541
58$1,419,755$946,162$833,575$1,153,399
59$1,514,120$942,074$811,049$1,180,704
60$1,616,521$936,196$786,180$1,209,631
61$1,727,727$928,391$758,838$1,240,377
62$1,848,585$918,512$728,889$1,273,162
63$1,980,027$906,405$696,193$1,308,232
64$2,123,077$891,906$660,603$1,345,864
65$2,278,863$874,841$621,965$1,386,366
66$2,448,624$855,026$580,118$1,430,084
67$2,633,726$832,264$534,894$1,477,402
68$2,835,672$806,351$486,119$1,528,751
69$3,056,116$777,068$433,609$1,584,610
70$3,296,877$744,182$377,173$1,645,514
71$3,559,962$707,450$316,611$1,712,059
72$3,847,575$666,612$251,714$1,784,908
73$4,162,146$621,394$182,266$1,864,799
74$4,506,350$571,508$108,037$1,952,553
75$4,883,133$516,647$28,791$2,049,083
76$5,295,737$456,487$0$2,155,405
77$5,747,734$390,687$0$2,289,309
78$6,243,058$318,886$0$2,445,646
79$6,786,040$240,701$0$2,617,275
80$7,381,451$155,730$0$2,805,823
81$8,034,546$63,548$0$3,013,088
82$8,751,113$0$0$3,241,059
83$9,537,526$0$0$3,507,111
84$10,400,808$0$0$3,828,474
85$11,348,694$0$0$4,181,470
86$12,389,706$0$0$4,569,290
87$13,533,228$0$0$4,995,450
88$14,789,603$0$0$5,463,820
89$16,170,222$0$0$5,978,667
90$17,687,634$0$0$6,544,692
91$19,355,666$0$0$7,167,071
92$21,189,550$0$0$7,851,509
93$23,206,068$0$0$8,604,293
94$25,423,709$0$0$9,432,346
95$27,862,843$0$0$10,343,299
96$30,545,916$0$0$11,345,557
97$33,497,656$0$0$12,448,384
98$36,745,309$0$0$13,661,986
99$40,318,895$0$0$14,997,606
100$44,251,493$0$0$16,467,636