Can I retire at age 52 with 344,000?

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 $344,000?

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 years$28,407$28,154$27,907$27,666$27,431$27,201
2 years$14,063$13,801$13,547$13,301$13,062$12,831
3 years$9,282$9,019$8,766$8,522$8,287$8,061
4 years$6,892$6,630$6,379$6,140$5,911$5,691
5 years$5,459$5,198$4,951$4,716$4,493$4,282
6 years$4,503$4,245$4,001$3,771$3,555$3,352
7 years$3,821$3,565$3,325$3,101$2,891$2,696
8 years$3,310$3,056$2,820$2,601$2,399$2,212
9 years$2,912$2,660$2,429$2,216$2,020$1,841
10 years$2,594$2,345$2,117$1,910$1,721$1,550
11 years$2,334$2,088$1,864$1,662$1,480$1,317
12 years$2,118$1,874$1,654$1,458$1,283$1,127
13 years$1,935$1,693$1,478$1,287$1,119$970
14 years$1,778$1,539$1,328$1,143$981$840
15 years$1,643$1,406$1,199$1,019$863$730
16 years$1,524$1,290$1,087$912$763$636
17 years$1,420$1,188$989$820$677$556
18 years$1,327$1,098$903$739$602$488
19 years$1,244$1,017$827$668$536$429
20 years$1,169$945$759$605$479$378
21 years$1,102$881$698$549$429$333
22 years$1,041$822$643$499$384$294
23 years$985$769$594$454$345$260
24 years$934$720$549$414$310$230
25 years$887$676$509$378$279$204
26 years$844$635$472$346$251$181
27 years$804$598$438$317$227$161
28 years$767$563$407$290$204$143
29 years$732$532$379$266$185$127
30 years$700$502$353$244$167$113
31 years$670$475$329$224$151$100
32 years$642$449$307$206$136$89
33 years$616$425$287$190$123$79
34 years$591$403$268$174$112$71
35 years$568$382$250$161$101$63
36 years$546$363$234$148$92$56
37 years$526$345$219$136$83$50
38 years$506$327$205$126$75$45
39 years$488$311$192$116$68$40
40 years$470$296$180$107$62$35
41 years$454$282$169$99$56$32
42 years$438$269$159$91$51$28
43 years$423$256$149$84$46$25
44 years$409$244$140$78$42$22
45 years$395$233$131$72$38$20
46 years$382$222$123$66$35$18
47 years$370$212$116$61$31$16
48 years$358$202$109$56$29$14
49 years$347$193$102$52$26$13
50 years$336$184$96$48$24$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $344,000, adding $3,585 every year, while hoping to spend $23,564 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: 52/43/5 Blend
51$344,000$344,000$344,000$344,000
52$382,786$364,554$359,222$402,074
53$396,758$357,345$346,184$408,335
54$411,366$348,993$331,919$412,261
55$426,649$339,418$316,362$415,958
56$442,650$328,533$299,444$419,407
57$459,417$316,247$281,092$422,591
58$477,000$302,466$261,231$425,492
59$495,455$287,087$239,783$428,091
60$514,840$270,003$216,664$430,371
61$535,222$251,101$191,790$432,313
62$556,670$230,261$165,071$433,900
63$579,262$207,355$136,412$435,112
64$603,081$182,250$105,717$435,932
65$628,219$154,804$72,882$436,345
66$654,775$124,867$37,801$436,333
67$682,858$92,282$363$435,882
68$712,586$56,880$0$434,979
69$744,089$18,486$0$435,724
70$777,508$0$0$436,154
71$812,998$0$0$447,173
72$850,727$0$0$468,204
73$890,882$0$0$490,606
74$933,663$0$0$514,494
75$979,293$0$0$539,996
76$1,028,015$0$0$567,248
77$1,080,095$0$0$596,404
78$1,135,825$0$0$627,630
79$1,195,524$0$0$661,107
80$1,259,544$0$0$697,038
81$1,328,269$0$0$735,641
82$1,402,122$0$0$777,158
83$1,481,567$0$0$821,855
84$1,567,113$0$0$870,021
85$1,659,318$0$0$921,976
86$1,758,798$0$0$978,072
87$1,866,227$0$0$1,038,695
88$1,982,347$0$0$1,104,269
89$2,107,973$0$0$1,175,259
90$2,244,000$0$0$1,252,178
91$2,391,414$0$0$1,335,590
92$2,551,298$0$0$1,426,114
93$2,724,843$0$0$1,524,432
94$2,913,359$0$0$1,631,293
95$3,118,287$0$0$1,747,522
96$3,341,212$0$0$1,874,027
97$3,583,878$0$0$2,011,805
98$3,848,205$0$0$2,161,955
99$4,136,305$0$0$2,325,686
100$4,450,501$0$0$2,504,329