Can I retire at age 52 with 299,000?

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 $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%19%
1 years$24,691$24,471$24,257$24,047$23,843$22,978
2 years$12,223$11,996$11,775$11,561$11,354$10,492
3 years$8,068$7,839$7,619$7,407$7,203$6,372
4 years$5,991$5,763$5,545$5,337$5,137$4,343
5 years$4,745$4,518$4,303$4,099$3,905$3,149
6 years$3,914$3,689$3,477$3,278$3,090$2,373
7 years$3,321$3,098$2,890$2,695$2,513$1,835
8 years$2,877$2,656$2,451$2,261$2,085$1,445
9 years$2,531$2,312$2,111$1,926$1,756$1,153
10 years$2,255$2,038$1,840$1,660$1,496$930
11 years$2,029$1,815$1,620$1,445$1,287$756
12 years$1,841$1,629$1,438$1,267$1,115$618
13 years$1,682$1,472$1,285$1,119$972$508
14 years$1,546$1,338$1,154$993$852$419
15 years$1,428$1,222$1,042$886$750$347
16 years$1,325$1,121$945$793$663$288
17 years$1,234$1,033$860$713$588$239
18 years$1,153$954$785$642$523$199
19 years$1,081$884$719$580$466$166
20 years$1,016$822$659$525$416$139
21 years$958$765$607$477$373$116
22 years$904$715$559$434$334$97
23 years$856$668$516$395$300$81
24 years$812$626$477$360$269$68
25 years$771$588$442$329$242$57
26 years$733$552$410$301$218$48
27 years$699$520$381$275$197$40
28 years$666$490$354$252$178$34
29 years$636$462$329$231$160$28
30 years$609$436$307$212$145$24
31 years$583$412$286$195$131$20
32 years$558$390$267$179$119$17
33 years$535$370$249$165$107$14
34 years$514$350$233$152$97$12
35 years$494$332$218$140$88$10
36 years$475$315$204$129$80$8
37 years$457$300$191$118$72$7
38 years$440$285$178$109$65$6
39 years$424$271$167$101$59$5
40 years$409$258$157$93$54$4
41 years$394$245$147$86$49$3
42 years$381$233$138$79$44$3
43 years$368$222$129$73$40$2
44 years$355$212$121$67$37$2
45 years$343$202$114$62$33$2
46 years$332$193$107$57$30$1
47 years$321$184$101$53$27$1
48 years$311$176$95$49$25$1
49 years$301$168$89$45$23$1
50 years$292$160$84$42$20$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $299,000, adding $2,631 every year, while hoping to spend $22,284 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: 57/25/18 Blend
51$299,000$299,000$299,000$299,000
52$332,212$316,365$311,730$349,426
53$342,387$308,157$298,463$353,216
54$352,854$298,800$284,005$354,704
55$363,618$288,213$268,292$355,825
56$374,685$276,314$251,258$356,548
57$386,061$263,012$232,833$356,841
58$397,753$248,212$212,946$356,668
59$409,764$231,815$191,521$355,994
60$422,101$213,715$168,478$354,779
61$434,769$193,801$143,735$352,981
62$447,771$171,953$117,206$350,557
63$461,112$148,047$88,801$347,459
64$474,796$121,952$58,426$343,638
65$488,825$93,527$25,983$339,040
66$503,201$62,626$0$333,610
67$517,926$29,093$0$328,948
68$533,000$0$0$328,762
69$548,422$0$0$330,004
70$564,190$0$0$339,452
71$580,301$0$0$349,102
72$596,751$0$0$358,949
73$613,532$0$0$368,990
74$630,636$0$0$379,217
75$648,052$0$0$389,624
76$665,767$0$0$400,202
77$683,764$0$0$410,940
78$702,025$0$0$421,826
79$720,527$0$0$432,845
80$739,244$0$0$443,979
81$758,144$0$0$455,209
82$777,192$0$0$466,512
83$796,347$0$0$477,862
84$815,562$0$0$489,227
85$834,784$0$0$500,575
86$853,951$0$0$511,865
87$872,995$0$0$523,055
88$891,838$0$0$534,093
89$910,391$0$0$544,925
90$928,555$0$0$555,487
91$946,220$0$0$565,707
92$963,259$0$0$575,508
93$979,533$0$0$584,799
94$994,884$0$0$593,482
95$1,009,138$0$0$601,444
96$1,022,097$0$0$608,563
97$1,033,545$0$0$614,700
98$1,043,237$0$0$619,701
99$1,050,901$0$0$623,394
100$1,056,238$0$0$625,589