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%17.7%
1 years$73,826$73,168$72,527$71,900$71,289$69,062
2 years$36,547$35,867$35,207$34,567$33,947$31,724
3 years$24,123$23,439$22,781$22,148$21,537$19,387
4 years$17,912$17,230$16,579$15,956$15,361$13,299
5 years$14,186$13,509$12,866$12,256$11,677$9,711
6 years$11,703$11,031$10,398$9,801$9,240$7,370
7 years$9,930$9,264$8,640$8,058$7,514$5,741
8 years$8,601$7,941$7,328$6,760$6,234$4,556
9 years$7,568$6,914$6,311$5,758$5,250$3,665
10 years$6,742$6,094$5,502$4,963$4,473$2,980
11 years$6,067$5,425$4,844$4,320$3,847$2,442
12 years$5,504$4,869$4,299$3,789$3,334$2,014
13 years$5,029$4,401$3,841$3,345$2,907$1,670
14 years$4,622$4,000$3,451$2,969$2,548$1,390
15 years$4,269$3,654$3,116$2,648$2,244$1,161
16 years$3,961$3,353$2,825$2,371$1,983$973
17 years$3,689$3,088$2,571$2,130$1,758$817
18 years$3,448$2,853$2,347$1,920$1,563$687
19 years$3,232$2,644$2,148$1,735$1,393$579
20 years$3,038$2,457$1,972$1,571$1,245$488
21 years$2,863$2,289$1,813$1,426$1,114$412
22 years$2,704$2,136$1,671$1,297$998$349
23 years$2,559$1,998$1,543$1,181$896$295
24 years$2,427$1,872$1,427$1,077$806$250
25 years$2,305$1,757$1,322$984$725$211
26 years$2,193$1,651$1,226$899$653$179
27 years$2,089$1,554$1,138$823$589$152
28 years$1,993$1,464$1,058$754$531$129
29 years$1,903$1,381$985$692$480$109
30 years$1,820$1,305$917$635$433$93
31 years$1,742$1,233$855$583$392$79
32 years$1,669$1,167$798$536$354$67
33 years$1,601$1,105$745$493$321$57
34 years$1,537$1,047$696$453$290$48
35 years$1,477$993$651$417$263$41
36 years$1,420$943$609$384$238$35
37 years$1,366$896$570$354$216$29
38 years$1,316$851$534$326$196$25
39 years$1,268$809$500$301$178$21
40 years$1,222$770$469$278$161$18
41 years$1,179$733$439$256$146$15
42 years$1,138$698$412$236$133$13
43 years$1,099$665$387$218$120$11
44 years$1,062$634$363$201$109$9
45 years$1,027$605$341$186$99$8
46 years$993$577$320$172$90$7
47 years$961$550$301$159$82$6
48 years$930$525$283$147$74$5
49 years$901$502$266$136$67$4
50 years$873$479$250$125$61$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $894,000, adding $4,345 every year, while hoping to spend $56,731 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: 42/33/25 Blend
51$894,000$894,000$894,000$894,000
52$989,670$942,288$928,431$1,023,832
53$1,030,255$928,099$899,172$1,034,514
54$1,073,078$911,313$867,031$1,040,347
55$1,118,308$891,743$831,853$1,045,550
56$1,166,128$869,191$793,473$1,050,097
57$1,216,740$843,448$751,721$1,053,963
58$1,270,361$814,291$706,417$1,057,127
59$1,327,231$781,484$657,375$1,059,571
60$1,387,612$744,780$604,400$1,061,278
61$1,451,789$703,915$547,288$1,062,238
62$1,520,075$658,610$485,826$1,062,445
63$1,592,813$608,573$419,792$1,061,897
64$1,670,377$553,490$348,952$1,060,601
65$1,753,179$493,034$273,065$1,058,570
66$1,841,667$426,857$191,877$1,055,826
67$1,936,336$354,592$105,124$1,052,403
68$2,037,726$275,851$12,529$1,048,347
69$2,146,430$190,223$0$1,043,714
70$2,263,099$97,277$0$1,061,595
71$2,388,447$0$0$1,084,129
72$2,523,257$0$0$1,109,415
73$2,668,390$0$0$1,174,747
74$2,824,791$0$0$1,245,237
75$2,993,499$0$0$1,321,363
76$3,175,652$0$0$1,403,650
77$3,372,506$0$0$1,492,677
78$3,585,435$0$0$1,589,079
79$3,815,955$0$0$1,693,556
80$4,065,729$0$0$1,806,874
81$4,336,588$0$0$1,929,878
82$4,630,543$0$0$2,063,498
83$4,949,807$0$0$2,208,756
84$5,296,816$0$0$2,366,776
85$5,674,246$0$0$2,538,794
86$6,085,045$0$0$2,726,173
87$6,532,453$0$0$2,930,409
88$7,020,040$0$0$3,153,152
89$7,551,730$0$0$3,396,216
90$8,131,846$0$0$3,661,597
91$8,765,144$0$0$3,951,495
92$9,456,859$0$0$4,268,330
93$10,212,756$0$0$4,614,765
94$11,039,181$0$0$4,993,736
95$11,943,119$0$0$5,408,472
96$12,932,264$0$0$5,862,531
97$14,015,087$0$0$6,359,829
98$15,200,915$0$0$6,904,680
99$16,500,021$0$0$7,501,834
100$17,923,717$0$0$8,156,524