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

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 $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%13.2%
1 years$1,486,423$1,473,183$1,460,265$1,447,657$1,435,345$1,416,235
2 years$735,853$722,148$708,867$695,989$683,498$664,276
3 years$485,696$471,932$458,684$445,927$433,639$414,902
4 years$360,642$346,920$333,804$321,265$309,275$291,167
5 years$285,629$271,990$259,046$246,762$235,106$217,680
6 years$235,636$222,100$209,347$197,338$186,031$169,308
7 years$199,942$186,519$173,969$162,242$151,293$135,279
8 years$173,183$159,881$147,539$136,101$125,512$110,205
9 years$152,381$139,205$127,076$115,928$105,700$91,092
10 years$135,750$122,703$110,787$99,931$90,061$76,144
11 years$122,151$109,235$97,535$86,970$77,456$64,215
12 years$110,827$98,044$86,560$76,284$67,122$54,542
13 years$101,253$88,603$77,336$67,348$58,531$46,597
14 years$93,053$80,537$69,487$59,784$51,308$40,001
15 years$85,953$73,572$62,737$53,317$45,176$34,476
16 years$79,747$67,501$56,880$47,739$39,926$29,815
17 years$74,276$62,166$51,759$42,893$35,402$25,857
18 years$69,419$57,444$47,249$38,655$31,477$22,480
19 years$65,078$53,239$43,254$34,929$28,057$19,584
20 years$61,176$49,472$39,697$31,634$25,061$17,091
21 years$57,651$46,081$36,513$28,710$22,426$14,939
22 years$54,450$43,015$33,653$26,104$20,102$13,075
23 years$51,531$40,231$31,072$23,774$18,045$11,457
24 years$48,860$37,694$28,737$21,683$16,219$10,049
25 years$46,407$35,374$26,616$19,802$14,595$8,822
26 years$44,146$33,246$24,685$18,106$13,146$7,751
27 years$42,055$31,288$22,922$16,573$11,853$6,814
28 years$40,118$29,483$21,309$15,184$10,695$5,994
29 years$38,318$27,814$19,830$13,924$9,657$5,275
30 years$36,640$26,267$18,471$12,779$8,726$4,645
31 years$35,074$24,831$17,220$11,737$7,889$4,091
32 years$33,609$23,495$16,066$10,786$7,136$3,605
33 years$32,235$22,250$15,001$9,919$6,458$3,178
34 years$30,945$21,088$14,016$9,126$5,847$2,802
35 years$29,732$20,002$13,104$8,401$5,296$2,471
36 years$28,588$18,985$12,259$7,737$4,798$2,179
37 years$27,509$18,031$11,474$7,129$4,349$1,922
38 years$26,489$17,136$10,745$6,571$3,943$1,696
39 years$25,524$16,295$10,067$6,059$3,575$1,497
40 years$24,609$15,503$9,436$5,588$3,243$1,321
41 years$23,741$14,757$8,848$5,156$2,942$1,166
42 years$22,917$14,054$8,299$4,758$2,670$1,029
43 years$22,133$13,391$7,788$4,392$2,423$909
44 years$21,387$12,764$7,310$4,056$2,199$802
45 years$20,676$12,172$6,864$3,745$1,997$708
46 years$19,997$11,612$6,447$3,460$1,813$625
47 years$19,350$11,081$6,057$3,196$1,646$552
48 years$18,732$10,578$5,692$2,954$1,495$488
49 years$18,140$10,102$5,350$2,730$1,358$431
50 years$17,574$9,650$5,030$2,523$1,233$380

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 $2,000 every year, while hoping to spend $56,134 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: 79/9/12 Blend
39$18,000,000$18,000,000$18,000,000$18,000,000
40$19,838,063$18,884,063$18,605,063$21,360,682
41$21,801,819$19,749,656$19,168,606$23,227,400
42$23,963,997$20,655,782$19,749,147$25,267,462
43$26,344,777$21,604,367$20,347,196$27,504,020
44$28,966,394$22,597,431$20,963,277$29,956,687
45$31,853,352$23,637,090$21,597,932$32,647,062
46$35,032,649$24,725,563$22,251,718$35,598,930
47$38,534,038$25,865,174$22,925,209$38,838,481
48$42,390,302$27,058,360$23,618,996$42,394,562
49$46,637,567$28,307,674$24,333,687$46,298,938
50$51,315,643$29,615,794$25,069,909$50,586,597
51$56,468,395$30,985,524$25,828,307$55,296,074
52$62,144,162$32,419,806$26,609,546$60,469,812
53$68,396,211$33,921,721$27,414,311$66,154,559
54$75,283,240$35,494,500$28,243,305$72,401,809
55$82,869,929$37,141,530$29,097,255$79,268,283
56$91,227,557$38,866,360$29,976,909$86,816,461
57$100,434,668$40,672,711$30,883,034$95,115,169
58$110,577,813$42,564,483$31,816,425$104,240,225
59$121,752,371$44,545,764$32,777,897$114,275,150
60$134,063,447$46,620,841$33,768,290$125,311,956
61$147,626,861$48,794,204$34,788,470$137,452,004
62$162,570,244$51,070,564$35,839,328$150,806,965
63$179,034,244$53,454,857$36,921,780$165,499,863
64$197,173,851$55,952,258$38,036,773$181,666,233
65$217,159,857$58,568,192$39,185,279$199,455,401
66$239,180,476$61,308,347$40,368,299$219,031,880
67$263,443,113$64,178,684$41,586,865$240,576,925
68$290,176,324$67,185,454$42,842,040$264,290,235
69$319,631,977$70,335,209$44,134,916$290,391,835
70$352,087,623$73,634,819$45,466,620$319,124,145
71$387,849,121$77,091,485$46,838,312$350,754,262
72$427,253,520$80,712,757$48,251,184$385,576,477
73$470,672,248$84,506,551$49,706,468$423,915,048
74$518,514,611$88,481,165$51,205,427$466,127,248
75$571,231,658$92,645,299$52,749,367$512,606,737
76$629,320,445$97,008,076$54,339,628$563,787,267
77$693,328,717$101,579,058$55,977,592$620,146,771
78$763,860,086$106,368,273$57,664,682$682,211,865
79$841,579,729$111,386,232$59,402,362$750,562,811
80$927,220,661$116,643,957$61,192,141$825,838,988
81$1,021,590,662$122,153,004$63,035,571$908,744,916
82$1,125,579,898$127,925,490$64,934,251$1,000,056,899
83$1,240,169,326$133,974,118$66,889,827$1,100,630,342
84$1,366,439,955$140,312,207$68,903,994$1,211,407,818
85$1,505,583,048$146,953,723$70,978,496$1,333,427,953
86$1,658,911,373$153,913,310$73,115,130$1,467,835,222
87$1,827,871,591$161,206,320$75,315,745$1,615,890,738
88$2,014,057,916$168,848,852$77,582,245$1,778,984,149
89$2,219,227,164$176,857,786$79,916,590$1,958,646,741
90$2,445,315,339$185,250,822$82,320,800$2,156,565,883
91$2,694,455,907$194,046,516$84,796,951$2,374,600,938
92$2,968,999,944$203,264,330$87,347,183$2,614,800,808
93$3,271,538,323$212,924,666$89,973,698$2,879,423,257
94$3,604,926,178$223,048,921$92,678,763$3,170,956,210
95$3,972,309,859$233,659,529$95,464,713$3,492,141,222
96$4,377,156,634$244,780,016$98,333,950$3,845,999,350
97$4,823,287,422$256,435,048$101,288,949$4,235,859,643
98$5,314,912,866$268,650,492$104,332,255$4,665,390,564
99$5,856,673,084$281,453,472$107,466,492$5,138,634,593
100$6,453,681,476$294,872,429$110,694,357$5,660,046,375