Can I retire at age 52 with 299,000?

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 $299,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$24,691$24,471$24,257$24,047$23,843$23,742
2 years$12,223$11,996$11,775$11,561$11,354$11,252
3 years$8,068$7,839$7,619$7,407$7,203$7,104
4 years$5,991$5,763$5,545$5,337$5,137$5,041
5 years$4,745$4,518$4,303$4,099$3,905$3,812
6 years$3,914$3,689$3,477$3,278$3,090$3,000
7 years$3,321$3,098$2,890$2,695$2,513$2,427
8 years$2,877$2,656$2,451$2,261$2,085$2,002
9 years$2,531$2,312$2,111$1,926$1,756$1,676
10 years$2,255$2,038$1,840$1,660$1,496$1,420
11 years$2,029$1,815$1,620$1,445$1,287$1,214
12 years$1,841$1,629$1,438$1,267$1,115$1,045
13 years$1,682$1,472$1,285$1,119$972$906
14 years$1,546$1,338$1,154$993$852$789
15 years$1,428$1,222$1,042$886$750$690
16 years$1,325$1,121$945$793$663$606
17 years$1,234$1,033$860$713$588$534
18 years$1,153$954$785$642$523$471
19 years$1,081$884$719$580$466$417
20 years$1,016$822$659$525$416$370
21 years$958$765$607$477$373$329
22 years$904$715$559$434$334$292
23 years$856$668$516$395$300$260
24 years$812$626$477$360$269$232
25 years$771$588$442$329$242$208
26 years$733$552$410$301$218$185
27 years$699$520$381$275$197$166
28 years$666$490$354$252$178$149
29 years$636$462$329$231$160$133
30 years$609$436$307$212$145$119
31 years$583$412$286$195$131$107
32 years$558$390$267$179$119$96
33 years$535$370$249$165$107$86
34 years$514$350$233$152$97$77
35 years$494$332$218$140$88$70
36 years$475$315$204$129$80$62
37 years$457$300$191$118$72$56
38 years$440$285$178$109$65$50
39 years$424$271$167$101$59$45
40 years$409$258$157$93$54$41
41 years$394$245$147$86$49$37
42 years$381$233$138$79$44$33
43 years$368$222$129$73$40$30
44 years$355$212$121$67$37$27
45 years$343$202$114$62$33$24
46 years$332$193$107$57$30$22
47 years$321$184$101$53$27$19
48 years$311$176$95$49$25$18
49 years$301$168$89$45$23$16
50 years$292$160$84$42$20$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $299,000, adding $4,859 every year, while hoping to spend $26,199 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: 56/38/6 Blend
51$299,000$299,000$299,000$299,000
52$334,510$318,663$314,029$352,542
53$340,755$306,402$296,673$352,988
54$346,758$292,662$277,858$350,118
55$352,468$277,343$257,507$346,344
56$357,826$260,339$235,540$341,583
57$362,767$241,539$211,873$335,745
58$367,218$220,823$186,419$328,732
59$371,097$198,066$159,088$320,440
60$374,315$173,137$129,783$310,754
61$376,769$145,895$98,405$299,549
62$378,349$116,194$64,851$286,690
63$378,929$83,876$29,012$272,034
64$378,371$48,777$0$255,420
65$376,521$10,723$0$237,269
66$373,208$0$0$218,825
67$368,243$0$0$210,774
68$361,416$0$0$206,042
69$352,495$0$0$200,001
70$341,222$0$0$192,492
71$327,310$0$0$183,338
72$310,446$0$0$172,342
73$290,278$0$0$159,291
74$266,421$0$0$143,942
75$238,445$0$0$126,034
76$205,879$0$0$105,271
77$168,200$0$0$81,332
78$124,829$0$0$53,859
79$75,127$0$0$22,457
80$18,389$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0