Can I retire at age 52 with 347,000?

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 $347,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$28,655$28,400$28,151$27,908$27,670$27,427
2 years$14,186$13,921$13,665$13,417$13,176$12,931
3 years$9,363$9,098$8,842$8,596$8,360$8,120
4 years$6,952$6,688$6,435$6,193$5,962$5,730
5 years$5,506$5,243$4,994$4,757$4,532$4,309
6 years$4,543$4,282$4,036$3,804$3,586$3,371
7 years$3,854$3,596$3,354$3,128$2,917$2,710
8 years$3,339$3,082$2,844$2,624$2,420$2,222
9 years$2,938$2,684$2,450$2,235$2,038$1,848
10 years$2,617$2,365$2,136$1,926$1,736$1,555
11 years$2,355$2,106$1,880$1,677$1,493$1,321
12 years$2,137$1,890$1,669$1,471$1,294$1,130
13 years$1,952$1,708$1,491$1,298$1,128$972
14 years$1,794$1,553$1,340$1,152$989$840
15 years$1,657$1,418$1,209$1,028$871$730
16 years$1,537$1,301$1,097$920$770$636
17 years$1,432$1,198$998$827$682$556
18 years$1,338$1,107$911$745$607$487
19 years$1,255$1,026$834$673$541$428
20 years$1,179$954$765$610$483$376
21 years$1,111$888$704$553$432$332
22 years$1,050$829$649$503$388$293
23 years$993$776$599$458$348$259
24 years$942$727$554$418$313$229
25 years$895$682$513$382$281$203
26 years$851$641$476$349$253$180
27 years$811$603$442$319$228$159
28 years$773$568$411$293$206$141
29 years$739$536$382$268$186$125
30 years$706$506$356$246$168$111
31 years$676$479$332$226$152$99
32 years$648$453$310$208$138$88
33 years$621$429$289$191$124$78
34 years$597$407$270$176$113$70
35 years$573$386$253$162$102$62
36 years$551$366$236$149$93$55
37 years$530$348$221$137$84$49
38 years$511$330$207$127$76$44
39 years$492$314$194$117$69$39
40 years$474$299$182$108$63$35
41 years$458$284$171$99$57$31
42 years$442$271$160$92$51$28
43 years$427$258$150$85$47$25
44 years$412$246$141$78$42$22
45 years$399$235$132$72$38$20
46 years$386$224$124$67$35$17
47 years$373$214$117$62$32$16
48 years$361$204$110$57$29$14
49 years$350$195$103$53$26$12
50 years$339$186$97$49$24$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $347,000, adding $5,412 every year, while hoping to spend $23,370 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: 72/9/19 Blend
51$347,000$347,000$347,000$347,000
52$387,976$369,585$364,207$413,776
53$402,685$362,830$351,542$424,885
54$418,110$354,960$337,670$433,723
55$434,300$345,896$322,526$442,808
56$451,309$335,555$306,040$452,160
57$469,192$323,847$288,143$461,802
58$488,014$310,679$268,759$471,761
59$507,840$295,951$247,811$482,065
60$528,745$279,558$225,219$492,747
61$550,809$261,389$200,896$503,845
62$574,120$241,326$174,754$515,397
63$598,774$219,244$146,701$527,452
64$624,873$195,011$116,641$540,060
65$652,534$168,490$84,471$553,279
66$681,879$139,533$50,088$567,173
67$713,045$107,985$13,381$581,813
68$746,181$73,681$0$597,281
69$781,450$36,450$0$618,894
70$819,029$0$0$644,759
71$859,115$0$0$672,680
72$901,921$0$0$706,361
73$947,680$0$0$742,377
74$996,651$0$0$780,931
75$1,049,115$0$0$822,248
76$1,105,380$0$0$866,571
77$1,165,785$0$0$914,169
78$1,230,704$0$0$965,337
79$1,300,543$0$0$1,020,399
80$1,375,751$0$0$1,079,710
81$1,456,822$0$0$1,143,660
82$1,544,294$0$0$1,212,679
83$1,638,764$0$0$1,287,238
84$1,740,883$0$0$1,367,853
85$1,851,370$0$0$1,455,095
86$1,971,014$0$0$1,549,588
87$2,100,682$0$0$1,652,022
88$2,241,327$0$0$1,763,151
89$2,393,999$0$0$1,883,808
90$2,559,852$0$0$2,014,908
91$2,740,153$0$0$2,157,457
92$2,936,301$0$0$2,312,562
93$3,149,829$0$0$2,481,442
94$3,382,430$0$0$2,665,437
95$3,635,962$0$0$2,866,023
96$3,912,473$0$0$3,084,822
97$4,214,216$0$0$3,323,623
98$4,543,671$0$0$3,584,393
99$4,903,568$0$0$3,869,296
100$5,296,912$0$0$4,180,718