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%18.3%
1 years$73,826$73,168$72,527$71,900$71,289$68,897
2 years$36,547$35,867$35,207$34,567$33,947$31,560
3 years$24,123$23,439$22,781$22,148$21,537$19,231
4 years$17,912$17,230$16,579$15,956$15,361$13,153
5 years$14,186$13,509$12,866$12,256$11,677$9,573
6 years$11,703$11,031$10,398$9,801$9,240$7,242
7 years$9,930$9,264$8,640$8,058$7,514$5,622
8 years$8,601$7,941$7,328$6,760$6,234$4,446
9 years$7,568$6,914$6,311$5,758$5,250$3,564
10 years$6,742$6,094$5,502$4,963$4,473$2,886
11 years$6,067$5,425$4,844$4,320$3,847$2,356
12 years$5,504$4,869$4,299$3,789$3,334$1,936
13 years$5,029$4,401$3,841$3,345$2,907$1,598
14 years$4,622$4,000$3,451$2,969$2,548$1,325
15 years$4,269$3,654$3,116$2,648$2,244$1,102
16 years$3,961$3,353$2,825$2,371$1,983$919
17 years$3,689$3,088$2,571$2,130$1,758$768
18 years$3,448$2,853$2,347$1,920$1,563$643
19 years$3,232$2,644$2,148$1,735$1,393$540
20 years$3,038$2,457$1,972$1,571$1,245$453
21 years$2,863$2,289$1,813$1,426$1,114$381
22 years$2,704$2,136$1,671$1,297$998$321
23 years$2,559$1,998$1,543$1,181$896$270
24 years$2,427$1,872$1,427$1,077$806$227
25 years$2,305$1,757$1,322$984$725$192
26 years$2,193$1,651$1,226$899$653$162
27 years$2,089$1,554$1,138$823$589$136
28 years$1,993$1,464$1,058$754$531$115
29 years$1,903$1,381$985$692$480$97
30 years$1,820$1,305$917$635$433$82
31 years$1,742$1,233$855$583$392$69
32 years$1,669$1,167$798$536$354$58
33 years$1,601$1,105$745$493$321$49
34 years$1,537$1,047$696$453$290$42
35 years$1,477$993$651$417$263$35
36 years$1,420$943$609$384$238$30
37 years$1,366$896$570$354$216$25
38 years$1,316$851$534$326$196$21
39 years$1,268$809$500$301$178$18
40 years$1,222$770$469$278$161$15
41 years$1,179$733$439$256$146$13
42 years$1,138$698$412$236$133$11
43 years$1,099$665$387$218$120$9
44 years$1,062$634$363$201$109$8
45 years$1,027$605$341$186$99$7
46 years$993$577$320$172$90$6
47 years$961$550$301$159$82$5
48 years$930$525$283$147$74$4
49 years$901$502$266$136$67$3
50 years$873$479$250$125$61$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $894,000, adding $3,774 every year, while hoping to spend $48,307 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: 37/39/24 Blend
51$894,000$894,000$894,000$894,000
52$989,081$941,699$927,842$1,018,436
53$1,038,569$936,444$907,526$1,035,013
54$1,091,486$929,312$884,911$1,048,167
55$1,148,130$920,161$859,868$1,061,416
56$1,208,829$908,839$832,264$1,074,798
57$1,273,943$895,185$801,958$1,088,360
58$1,343,865$879,030$768,804$1,102,156
59$1,419,029$860,192$732,648$1,116,251
60$1,499,909$838,480$693,331$1,130,721
61$1,587,027$813,694$650,685$1,145,655
62$1,680,957$785,617$604,536$1,161,156
63$1,782,327$754,025$554,701$1,177,341
64$1,891,829$718,677$500,988$1,194,349
65$2,010,223$679,320$443,198$1,212,335
66$2,138,344$635,685$381,124$1,231,479
67$2,277,111$587,488$314,547$1,251,985
68$2,427,532$534,431$243,240$1,274,087
69$2,590,718$476,196$166,966$1,298,049
70$2,767,890$412,449$85,478$1,324,169
71$2,960,390$342,834$0$1,352,787
72$3,169,696$266,979$0$1,384,666
73$3,397,432$184,488$0$1,443,241
74$3,645,387$94,945$0$1,507,158
75$3,915,529$0$0$1,577,038
76$4,210,021$0$0$1,654,471
77$4,531,247$0$0$1,783,491
78$4,881,831$0$0$1,924,419
79$5,264,658$0$0$2,078,431
80$5,682,907$0$0$2,246,820
81$6,140,078$0$0$2,431,012
82$6,640,021$0$0$2,632,573
83$7,186,979$0$0$2,853,233
84$7,785,621$0$0$3,094,892
85$8,441,091$0$0$3,359,645
86$9,159,050$0$0$3,649,799
87$9,945,735$0$0$3,967,894
88$10,808,015$0$0$4,316,727
89$11,753,454$0$0$4,699,381
90$12,790,383$0$0$5,119,250
91$13,927,978$0$0$5,580,072
92$15,176,346$0$0$6,085,966
93$16,546,621$0$0$6,641,467
94$18,051,066$0$0$7,251,574
95$19,703,190$0$0$7,921,791
96$21,517,875$0$0$8,658,183
97$23,511,513$0$0$9,467,431
98$25,702,166$0$0$10,356,894
99$28,109,728$0$0$11,334,682
100$30,756,118$0$0$12,409,728