Can I retire at age 52 with 890,000?

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 $890,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$73,495$72,841$72,202$71,579$70,970$68,127
2 years$36,384$35,706$35,050$34,413$33,795$30,967
3 years$24,015$23,334$22,679$22,049$21,441$18,716
4 years$17,832$17,153$16,505$15,885$15,292$12,691
5 years$14,123$13,448$12,808$12,201$11,625$9,155
6 years$11,651$10,982$10,351$9,757$9,198$6,861
7 years$9,886$9,222$8,602$8,022$7,481$5,275
8 years$8,563$7,905$7,295$6,729$6,206$4,129
9 years$7,534$6,883$6,283$5,732$5,226$3,276
10 years$6,712$6,067$5,478$4,941$4,453$2,624
11 years$6,040$5,401$4,823$4,300$3,830$2,119
12 years$5,480$4,848$4,280$3,772$3,319$1,721
13 years$5,006$4,381$3,824$3,330$2,894$1,405
14 years$4,601$3,982$3,436$2,956$2,537$1,151
15 years$4,250$3,638$3,102$2,636$2,234$946
16 years$3,943$3,338$2,812$2,360$1,974$779
17 years$3,673$3,074$2,559$2,121$1,750$643
18 years$3,432$2,840$2,336$1,911$1,556$532
19 years$3,218$2,632$2,139$1,727$1,387$440
20 years$3,025$2,446$1,963$1,564$1,239$365
21 years$2,851$2,278$1,805$1,420$1,109$303
22 years$2,692$2,127$1,664$1,291$994$251
23 years$2,548$1,989$1,536$1,175$892$209
24 years$2,416$1,864$1,421$1,072$802$174
25 years$2,295$1,749$1,316$979$722$144
26 years$2,183$1,644$1,221$895$650$120
27 years$2,079$1,547$1,133$819$586$100
28 years$1,984$1,458$1,054$751$529$83
29 years$1,895$1,375$980$688$477$69
30 years$1,812$1,299$913$632$431$58
31 years$1,734$1,228$851$580$390$48
32 years$1,662$1,162$794$533$353$40
33 years$1,594$1,100$742$490$319$33
34 years$1,530$1,043$693$451$289$28
35 years$1,470$989$648$415$262$23
36 years$1,414$939$606$383$237$19
37 years$1,360$892$567$352$215$16
38 years$1,310$847$531$325$195$13
39 years$1,262$806$498$300$177$11
40 years$1,217$767$467$276$160$9
41 years$1,174$730$437$255$145$8
42 years$1,133$695$410$235$132$6
43 years$1,094$662$385$217$120$5
44 years$1,057$631$361$201$109$4
45 years$1,022$602$339$185$99$4
46 years$989$574$319$171$90$3
47 years$957$548$299$158$81$3
48 years$926$523$281$146$74$2
49 years$897$499$265$135$67$2
50 years$869$477$249$125$61$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $890,000, adding $5,512 every year, while hoping to spend $29,963 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: 58/24/18 Blend
51$890,000$890,000$890,000$890,000
52$986,466$939,296$925,501$1,038,720
53$1,055,205$953,441$924,624$1,088,944
54$1,129,951$967,275$922,715$1,139,924
55$1,211,285$980,751$919,705$1,194,822
56$1,299,848$993,818$915,526$1,254,022
57$1,396,341$1,006,424$910,105$1,317,947
58$1,501,540$1,018,511$903,366$1,387,062
59$1,616,296$1,030,018$895,228$1,461,883
60$1,741,548$1,040,878$885,608$1,542,977
61$1,878,328$1,051,023$874,418$1,630,969
62$2,027,772$1,060,378$861,565$1,726,552
63$2,191,132$1,068,864$846,955$1,830,486
64$2,369,786$1,076,396$830,486$1,943,612
65$2,565,249$1,082,885$812,053$2,066,857
66$2,779,193$1,088,235$791,545$2,201,246
67$3,013,456$1,092,344$768,847$2,347,905
68$3,270,064$1,095,104$743,839$2,508,080
69$3,551,247$1,096,400$716,394$2,683,145
70$3,859,461$1,096,111$686,380$2,874,613
71$4,197,411$1,094,105$653,659$3,084,156
72$4,568,077$1,090,247$618,087$3,313,618
73$4,974,741$1,084,389$579,512$3,565,029
74$5,421,017$1,076,376$537,779$3,840,634
75$5,910,887$1,066,045$492,721$4,142,905
76$6,448,737$1,053,221$444,167$4,474,569
77$7,039,399$1,037,719$391,937$4,838,635
78$7,688,194$1,019,344$335,843$5,238,420
79$8,400,986$997,888$275,689$5,677,583
80$9,184,233$973,131$211,271$6,160,160
81$10,045,051$944,841$142,376$6,690,600
82$10,991,279$912,771$68,778$7,273,811
83$12,031,555$876,662$0$7,915,203
84$13,175,392$836,237$0$8,622,619
85$14,433,274$791,204$0$9,414,983
86$15,816,750$741,256$0$10,286,375
87$17,338,547$686,065$0$11,244,847
88$19,012,684$625,288$0$12,299,273
89$20,854,610$558,559$0$13,459,434
90$22,881,345$485,494$0$14,736,113
91$25,111,643$405,684$0$16,141,192
92$27,566,169$318,700$0$17,687,772
93$30,267,690$224,088$0$19,390,289
94$33,241,293$121,368$0$21,264,658
95$36,514,623$10,033$0$23,328,420
96$40,118,139$0$0$25,600,906
97$44,085,401$0$0$28,132,597
98$48,453,394$0$0$30,923,025
99$53,262,868$0$0$33,995,585
100$58,558,726$0$0$37,378,976