Can I retire at age 52 with 306,000?

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 $306,000?

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%
1 years$25,269$25,044$24,825$24,610$24,401$23,507
2 years$12,510$12,277$12,051$11,832$11,619$10,729
3 years$8,257$8,023$7,798$7,581$7,372$6,513
4 years$6,131$5,898$5,675$5,462$5,258$4,436
5 years$4,856$4,624$4,404$4,195$3,997$3,215
6 years$4,006$3,776$3,559$3,355$3,163$2,422
7 years$3,399$3,171$2,957$2,758$2,572$1,871
8 years$2,944$2,718$2,508$2,314$2,134$1,473
9 years$2,590$2,366$2,160$1,971$1,797$1,175
10 years$2,308$2,086$1,883$1,699$1,531$947
11 years$2,077$1,857$1,658$1,478$1,317$769
12 years$1,884$1,667$1,472$1,297$1,141$628
13 years$1,721$1,506$1,315$1,145$995$516
14 years$1,582$1,369$1,181$1,016$872$425
15 years$1,461$1,251$1,067$906$768$352
16 years$1,356$1,148$967$812$679$292
17 years$1,263$1,057$880$729$602$242
18 years$1,180$977$803$657$535$202
19 years$1,106$905$735$594$477$168
20 years$1,040$841$675$538$426$140
21 years$980$783$621$488$381$117
22 years$926$731$572$444$342$98
23 years$876$684$528$404$307$82
24 years$831$641$489$369$276$69
25 years$789$601$452$337$248$58
26 years$750$565$420$308$223$48
27 years$715$532$390$282$201$40
28 years$682$501$362$258$182$34
29 years$651$473$337$237$164$28
30 years$623$447$314$217$148$24
31 years$596$422$293$200$134$20
32 years$571$399$273$183$121$17
33 years$548$378$255$169$110$14
34 years$526$359$238$155$99$12
35 years$505$340$223$143$90$10
36 years$486$323$208$132$82$8
37 years$468$307$195$121$74$7
38 years$450$291$183$112$67$6
39 years$434$277$171$103$61$5
40 years$418$264$160$95$55$4
41 years$404$251$150$88$50$3
42 years$390$239$141$81$45$3
43 years$376$228$132$75$41$2
44 years$364$217$124$69$37$2
45 years$351$207$117$64$34$2
46 years$340$197$110$59$31$1
47 years$329$188$103$54$28$1
48 years$318$180$97$50$25$1
49 years$308$172$91$46$23$1
50 years$299$164$86$43$21$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $306,000, adding $3,399 every year, while hoping to spend $22,015 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: 32/46/22 Blend
51$306,000$306,000$306,000$306,000
52$340,718$324,500$319,757$349,219
53$352,048$316,977$307,045$348,378
54$363,795$308,347$293,170$345,248
55$375,979$298,533$278,068$341,423
56$388,621$287,454$261,675$336,856
57$401,743$275,021$243,924$331,499
58$415,368$261,144$224,743$325,299
59$429,521$245,726$204,057$318,200
60$444,229$228,663$181,790$310,146
61$459,520$209,848$157,859$301,075
62$475,425$189,165$132,182$290,925
63$491,978$166,493$104,669$279,627
64$509,212$141,704$75,228$267,112
65$527,167$114,662$43,763$253,305
66$545,882$85,225$10,174$238,130
67$565,402$53,241$0$221,505
68$585,774$18,551$0$209,371
69$607,050$0$0$198,554
70$629,283$0$0$196,219
71$652,534$0$0$203,609
72$676,867$0$0$211,356
73$702,352$0$0$219,482
74$729,065$0$0$228,013
75$757,087$0$0$236,979
76$786,507$0$0$246,409
77$817,423$0$0$256,336
78$849,939$0$0$266,797
79$884,169$0$0$277,831
80$920,238$0$0$289,480
81$958,282$0$0$301,792
82$998,447$0$0$314,818
83$1,040,896$0$0$328,613
84$1,085,804$0$0$343,238
85$1,133,362$0$0$358,760
86$1,183,781$0$0$375,251
87$1,237,289$0$0$392,791
88$1,294,138$0$0$411,467
89$1,354,599$0$0$431,374
90$1,418,975$0$0$452,616
91$1,487,592$0$0$475,309
92$1,560,811$0$0$499,576
93$1,639,025$0$0$525,557
94$1,722,665$0$0$553,400
95$1,812,205$0$0$583,272
96$1,908,164$0$0$615,353
97$2,011,110$0$0$649,844
98$2,121,669$0$0$686,962
99$2,240,526$0$0$726,947
100$2,368,434$0$0$770,063