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%19.7%
1 years$1,486,423$1,473,183$1,460,265$1,447,657$1,435,345$1,379,486
2 years$735,853$722,148$708,867$695,989$683,498$627,895
3 years$485,696$471,932$458,684$445,927$433,639$380,044
4 years$360,642$346,920$333,804$321,265$309,275$258,095
5 years$285,629$271,990$259,046$246,762$235,106$186,472
6 years$235,636$222,100$209,347$197,338$186,031$139,976
7 years$199,942$186,519$173,969$162,242$151,293$107,800
8 years$173,183$159,881$147,539$136,101$125,512$84,540
9 years$152,381$139,205$127,076$115,928$105,700$67,187
10 years$135,750$122,703$110,787$99,931$90,061$53,935
11 years$122,151$109,235$97,535$86,970$77,456$43,633
12 years$110,827$98,044$86,560$76,284$67,122$35,513
13 years$101,253$88,603$77,336$67,348$58,531$29,044
14 years$93,053$80,537$69,487$59,784$51,308$23,845
15 years$85,953$73,572$62,737$53,317$45,176$19,637
16 years$79,747$67,501$56,880$47,739$39,926$16,212
17 years$74,276$62,166$51,759$42,893$35,402$13,412
18 years$69,419$57,444$47,249$38,655$31,477$11,115
19 years$65,078$53,239$43,254$34,929$28,057$9,223
20 years$61,176$49,472$39,697$31,634$25,061$7,663
21 years$57,651$46,081$36,513$28,710$22,426$6,372
22 years$54,450$43,015$33,653$26,104$20,102$5,303
23 years$51,531$40,231$31,072$23,774$18,045$4,416
24 years$48,860$37,694$28,737$21,683$16,219$3,679
25 years$46,407$35,374$26,616$19,802$14,595$3,067
26 years$44,146$33,246$24,685$18,106$13,146$2,557
27 years$42,055$31,288$22,922$16,573$11,853$2,133
28 years$40,118$29,483$21,309$15,184$10,695$1,780
29 years$38,318$27,814$19,830$13,924$9,657$1,485
30 years$36,640$26,267$18,471$12,779$8,726$1,240
31 years$35,074$24,831$17,220$11,737$7,889$1,035
32 years$33,609$23,495$16,066$10,786$7,136$864
33 years$32,235$22,250$15,001$9,919$6,458$721
34 years$30,945$21,088$14,016$9,126$5,847$602
35 years$29,732$20,002$13,104$8,401$5,296$503
36 years$28,588$18,985$12,259$7,737$4,798$420
37 years$27,509$18,031$11,474$7,129$4,349$351
38 years$26,489$17,136$10,745$6,571$3,943$293
39 years$25,524$16,295$10,067$6,059$3,575$245
40 years$24,609$15,503$9,436$5,588$3,243$205
41 years$23,741$14,757$8,848$5,156$2,942$171
42 years$22,917$14,054$8,299$4,758$2,670$143
43 years$22,133$13,391$7,788$4,392$2,423$119
44 years$21,387$12,764$7,310$4,056$2,199$100
45 years$20,676$12,172$6,864$3,745$1,997$83
46 years$19,997$11,612$6,447$3,460$1,813$69
47 years$19,350$11,081$6,057$3,196$1,646$58
48 years$18,732$10,578$5,692$2,954$1,495$48
49 years$18,140$10,102$5,350$2,730$1,358$41
50 years$17,574$9,650$5,030$2,523$1,233$34

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 $2,729 every year, while hoping to spend $31,340 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: 47/34/19 Blend
39$18,000,000$18,000,000$18,000,000$18,000,000
40$19,838,815$18,884,815$18,605,815$20,664,105
41$21,829,029$19,776,825$19,195,764$22,131,472
42$24,021,194$20,711,494$19,804,426$23,719,836
43$26,435,876$21,690,878$20,432,395$25,443,191
44$29,095,738$22,717,134$21,080,284$27,314,167
45$32,025,754$23,792,524$21,748,723$29,346,627
46$35,253,442$24,919,418$22,438,367$31,555,801
47$38,809,127$26,100,304$23,149,887$33,958,412
48$42,726,228$27,337,789$23,883,977$36,572,835
49$47,041,567$28,634,604$24,641,355$39,419,260
50$51,795,725$29,993,618$25,422,758$42,519,870
51$57,033,419$31,417,835$26,228,950$45,899,048
52$62,803,925$32,910,406$27,060,717$49,583,596
53$69,161,545$34,474,636$27,918,871$53,602,976
54$76,166,118$36,113,989$28,804,249$57,989,582
55$83,883,586$37,832,098$29,717,715$62,779,032
56$92,386,614$39,632,773$30,660,160$68,010,498
57$101,755,278$41,520,008$31,632,505$73,727,059
58$112,077,821$43,497,993$32,635,699$79,976,099
59$123,451,483$45,571,120$33,670,719$86,809,743
60$135,983,424$47,743,994$34,738,578$94,285,334
61$149,791,729$50,021,445$35,840,316$102,465,960
62$165,006,528$52,408,538$36,977,009$111,421,039
63$181,771,221$54,910,585$38,149,766$121,226,956
64$200,243,835$57,533,153$39,359,733$131,967,770
65$220,598,513$60,282,084$40,608,091$143,735,991
66$243,027,156$63,163,501$41,896,057$156,633,437
67$267,741,240$66,183,827$43,224,889$170,772,177
68$294,973,809$69,349,796$44,595,884$186,275,571
69$324,981,672$72,668,471$46,010,381$203,279,412
70$358,047,835$76,147,258$47,469,761$221,933,193
71$394,484,163$79,793,923$48,975,448$242,401,492
72$434,634,335$83,616,612$50,528,912$264,865,507
73$478,877,076$87,623,865$52,131,670$289,524,740
74$527,629,743$91,824,640$53,785,286$316,598,858
75$581,352,260$96,228,330$55,491,376$346,329,742
76$640,551,458$100,844,786$57,251,604$378,983,741
77$705,785,864$105,684,338$59,067,690$414,854,160
78$777,670,971$110,757,819$60,941,407$454,264,001
79$856,885,050$116,076,593$62,874,585$497,568,978
80$944,175,552$121,652,573$64,869,110$545,160,847
81$1,040,366,164$127,498,255$66,926,931$597,471,067
82$1,146,364,587$133,626,743$69,050,058$654,974,843
83$1,263,171,103$140,051,782$71,240,563$718,195,568
84$1,391,888,020$146,787,783$73,500,585$787,709,734
85$1,533,730,076$153,849,862$75,832,333$864,152,326
86$1,690,035,910$161,253,872$78,238,083$948,222,781
87$1,862,280,699$169,016,438$80,720,184$1,040,691,542
88$2,052,090,081$177,154,994$83,281,061$1,142,407,288
89$2,261,255,508$185,687,828$85,923,216$1,254,304,897
90$2,491,751,154$194,634,115$88,649,228$1,377,414,218
91$2,745,752,555$204,013,970$91,461,760$1,512,869,746
92$3,025,657,146$213,848,486$94,363,560$1,661,921,272
93$3,334,106,898$224,159,784$97,357,461$1,825,945,624
94$3,674,013,255$234,971,066$100,446,390$2,006,459,606
95$4,048,584,625$246,306,667$103,633,362$2,205,134,252
96$4,461,356,668$258,192,105$106,921,491$2,423,810,536
97$4,916,225,677$270,654,147$110,313,990$2,664,516,680
98$5,417,485,359$283,720,863$113,814,172$2,929,487,232
99$5,969,867,376$297,421,696$117,425,457$3,221,184,079
100$6,578,586,012$311,787,522$121,151,373$3,542,319,615