Can I retire at age 59 with 852,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $852,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$70,357$69,731$69,119$68,522$67,940$66,897
2 years$34,830$34,182$33,553$32,943$32,352$31,304
3 years$22,990$22,338$21,711$21,107$20,526$19,505
4 years$17,070$16,421$15,800$15,207$14,639$13,653
5 years$13,520$12,874$12,262$11,680$11,128$10,181
6 years$11,153$10,513$9,909$9,341$8,805$7,897
7 years$9,464$8,829$8,235$7,679$7,161$6,292
8 years$8,197$7,568$6,984$6,442$5,941$5,111
9 years$7,213$6,589$6,015$5,487$5,003$4,212
10 years$6,425$5,808$5,244$4,730$4,263$3,510
11 years$5,782$5,170$4,617$4,117$3,666$2,951
12 years$5,246$4,641$4,097$3,611$3,177$2,499
13 years$4,793$4,194$3,661$3,188$2,770$2,128
14 years$4,405$3,812$3,289$2,830$2,429$1,820
15 years$4,068$3,482$2,970$2,524$2,138$1,564
16 years$3,775$3,195$2,692$2,260$1,890$1,348
17 years$3,516$2,943$2,450$2,030$1,676$1,165
18 years$3,286$2,719$2,236$1,830$1,490$1,009
19 years$3,080$2,520$2,047$1,653$1,328$876
20 years$2,896$2,342$1,879$1,497$1,186$761
21 years$2,729$2,181$1,728$1,359$1,062$663
22 years$2,577$2,036$1,593$1,236$951$578
23 years$2,439$1,904$1,471$1,125$854$505
24 years$2,313$1,784$1,360$1,026$768$441
25 years$2,197$1,674$1,260$937$691$385
26 years$2,090$1,574$1,168$857$622$337
27 years$1,991$1,481$1,085$784$561$295
28 years$1,899$1,396$1,009$719$506$259
29 years$1,814$1,317$939$659$457$227
30 years$1,734$1,243$874$605$413$199
31 years$1,660$1,175$815$556$373$174
32 years$1,591$1,112$760$511$338$153
33 years$1,526$1,053$710$469$306$134
34 years$1,465$998$663$432$277$118
35 years$1,407$947$620$398$251$104
36 years$1,353$899$580$366$227$91
37 years$1,302$853$543$337$206$80
38 years$1,254$811$509$311$187$70
39 years$1,208$771$476$287$169$62
40 years$1,165$734$447$265$154$54
41 years$1,124$699$419$244$139$48
42 years$1,085$665$393$225$126$42
43 years$1,048$634$369$208$115$37
44 years$1,012$604$346$192$104$32
45 years$979$576$325$177$95$28
46 years$947$550$305$164$86$25
47 years$916$525$287$151$78$22
48 years$887$501$269$140$71$19
49 years$859$478$253$129$64$17
50 years$832$457$238$119$58$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 59 starting with $852,000, adding $2,694 every year, while hoping to spend $50,963 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: 50/25/25 Blend
58$852,000$852,000$852,000$852,000
59$941,683$896,527$883,321$982,010
60$983,510$886,232$858,688$1,000,076
61$1,027,896$873,726$831,522$1,014,356
62$1,075,047$858,844$801,683$1,028,850
63$1,125,191$841,416$769,028$1,043,601
64$1,178,574$821,259$733,405$1,058,660
65$1,235,469$798,181$694,654$1,074,083
66$1,296,172$771,977$652,610$1,089,938
67$1,361,010$742,432$607,101$1,106,304
68$1,430,339$709,318$557,945$1,123,272
69$1,504,550$672,391$504,953$1,140,943
70$1,584,073$631,397$447,928$1,159,438
71$1,669,378$586,065$386,663$1,178,890
72$1,760,982$536,110$320,944$1,199,455
73$1,859,452$481,228$250,544$1,221,307
74$1,965,408$421,101$175,230$1,244,645
75$2,079,536$355,391$94,757$1,269,693
76$2,202,585$283,742$8,867$1,296,706
77$2,335,379$205,776$0$1,325,970
78$2,478,825$121,096$0$1,379,893
79$2,633,917$29,281$0$1,440,713
80$2,801,749$0$0$1,506,548
81$2,983,524$0$0$1,597,224
82$3,180,564$0$0$1,704,322
83$3,394,323$0$0$1,820,586
84$3,626,399$0$0$1,946,895
85$3,878,552$0$0$2,084,217
86$4,152,716$0$0$2,233,616
87$4,451,018$0$0$2,396,263
88$4,775,801$0$0$2,573,446
89$5,129,642$0$0$2,766,585
90$5,515,376$0$0$2,977,239
91$5,936,123$0$0$3,207,126
92$6,395,320$0$0$3,458,138
93$6,896,746$0$0$3,732,355
94$7,444,565$0$0$4,032,069
95$8,043,358$0$0$4,359,802
96$8,698,171$0$0$4,718,334
97$9,414,558$0$0$5,110,720
98$10,198,636$0$0$5,540,331
99$11,057,138$0$0$6,010,874
100$11,997,483$0$0$6,526,433