Can I retire at age 40 with 18,000,000?

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 $18,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$1,486,423$1,473,183$1,460,265$1,447,657$1,435,345$1,419,175
2 years$735,853$722,148$708,867$695,989$683,498$667,219
3 years$485,696$471,932$458,684$445,927$433,639$417,757
4 years$360,642$346,920$333,804$321,265$309,275$293,912
5 years$285,629$271,990$259,046$246,762$235,106$220,307
6 years$235,636$222,100$209,347$197,338$186,031$171,815
7 years$199,942$186,519$173,969$162,242$151,293$137,665
8 years$173,183$159,881$147,539$136,101$125,512$112,471
9 years$152,381$139,205$127,076$115,928$105,700$93,240
10 years$135,750$122,703$110,787$99,931$90,061$78,176
11 years$122,151$109,235$97,535$86,970$77,456$66,134
12 years$110,827$98,044$86,560$76,284$67,122$56,351
13 years$101,253$88,603$77,336$67,348$58,531$48,299
14 years$93,053$80,537$69,487$59,784$51,308$41,600
15 years$85,953$73,572$62,737$53,317$45,176$35,977
16 years$79,747$67,501$56,880$47,739$39,926$31,220
17 years$74,276$62,166$51,759$42,893$35,402$27,172
18 years$69,419$57,444$47,249$38,655$31,477$23,707
19 years$65,078$53,239$43,254$34,929$28,057$20,728
20 years$61,176$49,472$39,697$31,634$25,061$18,157
21 years$57,651$46,081$36,513$28,710$22,426$15,930
22 years$54,450$43,015$33,653$26,104$20,102$13,996
23 years$51,531$40,231$31,072$23,774$18,045$12,311
24 years$48,860$37,694$28,737$21,683$16,219$10,840
25 years$46,407$35,374$26,616$19,802$14,595$9,554
26 years$44,146$33,246$24,685$18,106$13,146$8,427
27 years$42,055$31,288$22,922$16,573$11,853$7,438
28 years$40,118$29,483$21,309$15,184$10,695$6,569
29 years$38,318$27,814$19,830$13,924$9,657$5,805
30 years$36,640$26,267$18,471$12,779$8,726$5,132
31 years$35,074$24,831$17,220$11,737$7,889$4,539
32 years$33,609$23,495$16,066$10,786$7,136$4,016
33 years$32,235$22,250$15,001$9,919$6,458$3,555
34 years$30,945$21,088$14,016$9,126$5,847$3,147
35 years$29,732$20,002$13,104$8,401$5,296$2,787
36 years$28,588$18,985$12,259$7,737$4,798$2,469
37 years$27,509$18,031$11,474$7,129$4,349$2,187
38 years$26,489$17,136$10,745$6,571$3,943$1,938
39 years$25,524$16,295$10,067$6,059$3,575$1,718
40 years$24,609$15,503$9,436$5,588$3,243$1,522
41 years$23,741$14,757$8,848$5,156$2,942$1,350
42 years$22,917$14,054$8,299$4,758$2,670$1,196
43 years$22,133$13,391$7,788$4,392$2,423$1,061
44 years$21,387$12,764$7,310$4,056$2,199$941
45 years$20,676$12,172$6,864$3,745$1,997$834
46 years$19,997$11,612$6,447$3,460$1,813$740
47 years$19,350$11,081$6,057$3,196$1,646$656
48 years$18,732$10,578$5,692$2,954$1,495$582
49 years$18,140$10,102$5,350$2,730$1,358$516
50 years$17,574$9,650$5,030$2,523$1,233$458

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $18,000,000, adding $6,877 every year, while hoping to spend $27,512 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: 38/37/25 Blend
39$18,000,000$18,000,000$18,000,000$18,000,000
40$19,843,094$18,889,094$18,610,094$20,448,838
41$21,837,817$19,785,387$19,204,259$21,787,917
42$24,035,079$20,724,676$19,817,407$23,231,092
43$26,455,512$21,709,039$20,450,145$24,790,278
44$29,121,847$22,740,655$21,103,098$26,476,005
45$32,059,136$23,821,809$21,776,913$28,299,815
46$35,294,986$24,954,895$22,472,256$30,274,372
47$38,859,815$26,142,425$23,189,817$32,413,566
48$42,787,146$27,387,034$23,930,306$34,732,641
49$47,113,919$28,691,482$24,694,456$37,248,328
50$51,880,841$30,058,667$25,483,022$39,978,993
51$57,132,770$31,491,626$26,296,787$42,944,801
52$62,919,139$32,993,541$27,136,555$46,167,896
53$69,294,420$34,567,754$28,003,159$49,672,602
54$76,318,642$36,217,765$28,897,456$53,485,635
55$84,057,955$37,947,247$29,820,332$57,636,352
56$92,585,254$39,760,050$30,772,701$62,157,008
57$101,980,869$41,660,212$31,755,506$67,083,054
58$112,333,323$43,651,967$32,769,721$72,453,454
59$123,740,165$45,739,756$33,816,349$78,311,041
60$136,308,893$47,928,236$34,896,428$84,702,907
61$150,157,969$50,222,289$36,011,028$91,680,830
62$165,417,937$52,627,035$37,161,252$99,301,749
63$182,232,652$55,147,846$38,348,240$107,628,285
64$200,760,644$57,790,352$39,573,167$116,729,313
65$221,176,610$60,560,459$40,837,249$126,680,594
66$243,673,063$63,464,361$42,141,735$137,565,473
67$268,462,152$66,508,551$43,487,920$149,475,645
68$295,777,663$69,699,842$44,877,137$162,511,998
69$325,877,226$73,045,375$46,310,762$176,785,545
70$359,044,747$76,552,642$47,790,216$192,418,449
71$395,593,088$80,229,499$49,316,966$209,545,152
72$435,867,022$84,084,183$50,892,523$228,313,621
73$480,246,486$88,125,336$52,518,450$248,886,714
74$529,150,168$92,362,017$54,196,358$271,443,694
75$583,039,459$96,803,730$55,927,910$296,181,893
76$642,422,810$101,460,440$57,714,822$323,318,540
77$707,860,534$106,342,598$59,558,865$353,092,786
78$779,970,089$111,461,166$61,461,868$385,767,926
79$859,431,914$116,827,639$63,425,716$421,633,847
80$946,995,848$122,454,072$65,452,357$461,009,737
81$1,043,488,213$128,353,110$67,543,800$504,247,052
82$1,149,819,611$134,538,013$69,702,117$551,732,798
83$1,266,993,523$141,022,687$71,929,450$603,893,143
84$1,396,115,782$147,821,719$74,228,006$661,197,399
85$1,538,405,012$154,950,403$76,600,065$724,162,403
86$1,695,204,135$162,424,784$79,047,978$793,357,350
87$1,867,993,045$170,261,687$81,574,174$869,409,120
88$2,058,402,584$178,478,758$84,181,157$953,008,140
89$2,268,229,934$187,094,504$86,871,512$1,044,914,850
90$2,499,455,589$196,128,336$89,647,909$1,145,966,824
91$2,754,262,045$205,600,610$92,513,100$1,257,086,619
92$3,035,054,412$215,532,679$95,469,928$1,379,290,418
93$3,344,483,117$225,946,935$98,521,325$1,513,697,565
94$3,685,468,924$236,866,864$101,670,318$1,661,541,056
95$4,061,230,511$248,317,097$104,920,031$1,824,179,114
96$4,475,314,859$260,323,471$108,273,688$2,003,107,932
97$4,931,630,734$272,913,080$111,734,616$2,199,975,721
98$5,434,485,592$286,114,344$115,306,248$2,416,598,190
99$5,988,626,243$299,957,068$118,992,129$2,654,975,597
100$6,599,283,669$314,472,513$122,795,914$2,917,311,548