Can I retire at age 40 with 18,100,000?

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 $18,100,000?

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$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,387,150
2 years$739,941$726,160$712,805$699,855$687,295$631,383
3 years$488,394$474,554$461,232$448,404$436,048$382,155
4 years$362,645$348,847$335,659$323,050$310,993$259,529
5 years$287,216$273,501$260,485$248,133$236,412$187,508
6 years$236,946$223,334$210,510$198,434$187,065$140,753
7 years$201,052$187,555$174,935$163,144$152,134$108,399
8 years$174,145$160,770$148,359$136,857$126,210$85,009
9 years$153,228$139,979$127,782$116,572$106,287$67,560
10 years$136,504$123,384$111,403$100,486$90,562$54,234
11 years$122,830$109,842$98,077$87,453$77,886$43,875
12 years$111,443$98,588$87,041$76,708$67,494$35,711
13 years$101,815$89,095$77,765$67,722$58,856$29,205
14 years$93,570$80,985$69,873$60,116$51,593$23,977
15 years$86,431$73,981$63,086$53,613$45,427$19,746
16 years$80,190$67,876$57,196$48,004$40,148$16,302
17 years$74,689$62,512$52,046$43,132$35,598$13,487
18 years$69,805$57,763$47,512$38,870$31,652$11,176
19 years$65,440$53,535$43,495$35,123$28,212$9,275
20 years$61,516$49,747$39,917$31,810$25,200$7,705
21 years$57,971$46,337$36,716$28,870$22,551$6,407
22 years$54,752$43,254$33,840$26,249$20,214$5,332
23 years$51,818$40,455$31,245$23,906$18,145$4,440
24 years$49,132$37,903$28,896$21,803$16,309$3,700
25 years$46,665$35,571$26,764$19,912$14,676$3,084
26 years$44,391$33,431$24,822$18,207$13,219$2,572
27 years$42,289$31,462$23,049$16,665$11,918$2,145
28 years$40,341$29,647$21,427$15,269$10,754$1,790
29 years$38,530$27,968$19,940$14,002$9,711$1,494
30 years$36,844$26,413$18,573$12,850$8,774$1,247
31 years$35,269$24,969$17,315$11,802$7,933$1,041
32 years$33,796$23,626$16,156$10,846$7,176$869
33 years$32,414$22,374$15,085$9,974$6,494$725
34 years$31,117$21,205$14,094$9,177$5,880$606
35 years$29,897$20,113$13,177$8,448$5,325$506
36 years$28,747$19,090$12,327$7,780$4,825$423
37 years$27,662$18,131$11,538$7,168$4,373$353
38 years$26,636$17,231$10,805$6,607$3,965$295
39 years$25,665$16,385$10,123$6,092$3,595$246
40 years$24,746$15,589$9,488$5,619$3,261$206
41 years$23,873$14,839$8,897$5,184$2,959$172
42 years$23,044$14,133$8,345$4,785$2,685$144
43 years$22,256$13,465$7,831$4,417$2,436$120
44 years$21,505$12,835$7,351$4,078$2,212$100
45 years$20,790$12,240$6,902$3,766$2,008$84
46 years$20,109$11,676$6,483$3,479$1,823$70
47 years$19,458$11,143$6,090$3,214$1,655$58
48 years$18,836$10,637$5,723$2,970$1,503$49
49 years$18,241$10,158$5,379$2,745$1,365$41
50 years$17,672$9,703$5,058$2,537$1,240$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $18,100,000, adding $5,305 every year, while hoping to spend $46,163 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: 38/46/16 Blend
39$18,100,000$18,100,000$18,100,000$18,100,000
40$19,951,672$18,992,372$18,711,822$20,613,364
41$21,937,626$19,873,881$19,289,551$21,969,537
42$24,124,599$20,797,037$19,885,087$23,429,395
43$26,533,048$21,763,832$20,498,977$25,006,093
44$29,185,513$22,776,353$21,131,786$26,710,172
45$32,106,830$23,836,790$21,784,097$28,553,186
46$35,324,371$24,947,437$22,456,508$30,547,801
47$38,868,294$26,110,699$23,149,638$32,707,911
48$42,771,834$27,329,096$23,864,125$35,048,755
49$47,071,612$28,605,274$24,600,624$37,587,053
50$51,807,985$29,942,000$25,359,814$40,341,152
51$57,025,423$31,342,182$26,142,391$43,331,193
52$62,772,930$32,808,862$26,949,074$46,579,284
53$69,104,506$34,345,233$27,780,605$50,109,703
54$76,079,657$35,954,642$28,637,748$53,949,108
55$83,763,959$37,640,596$29,521,289$58,126,784
56$92,229,672$39,406,774$30,432,041$62,674,898
57$101,556,423$41,257,031$31,370,839$67,628,795
58$111,831,962$43,195,409$32,338,546$73,027,314
59$123,152,984$45,226,146$33,336,049$78,913,139
60$135,626,047$47,353,685$34,364,265$85,333,188
61$149,368,573$49,582,685$35,424,137$92,339,036
62$164,509,959$51,918,029$36,516,638$99,987,387
63$181,192,800$54,364,837$37,642,770$108,340,592
64$199,574,229$56,928,478$38,803,567$117,467,212
65$219,827,407$59,614,580$40,000,093$127,442,652
66$242,143,152$62,429,043$41,233,445$138,349,849
67$266,731,743$65,378,056$42,504,756$150,280,032
68$293,824,905$68,468,106$43,815,189$163,333,561
69$323,677,996$71,705,993$45,165,948$177,620,851
70$356,572,415$75,098,850$46,558,271$193,263,387
71$392,818,261$78,654,153$47,993,433$210,394,846
72$432,757,260$82,379,744$49,472,749$229,162,329
73$476,765,991$86,283,841$50,997,577$249,727,724
74$525,259,438$90,375,066$52,569,312$272,269,199
75$578,694,911$94,662,455$54,189,394$296,982,859
76$637,576,362$99,155,484$55,859,308$324,084,554
77$702,459,139$103,864,091$57,580,584$353,811,893
78$773,955,234$108,798,695$59,354,796$386,426,440
79$852,739,057$113,970,220$61,183,571$422,216,152
80$939,553,802$119,390,122$63,068,581$461,498,055
81$1,035,218,465$125,070,413$65,011,554$504,621,192
82$1,140,635,574$131,023,688$67,014,266$551,969,880
83$1,256,799,710$137,263,156$69,078,552$603,967,284
84$1,384,806,896$143,802,667$71,206,299$661,079,372
85$1,525,864,943$150,656,742$73,399,454$723,819,257
86$1,681,304,856$157,840,611$75,660,025$792,751,991
87$1,852,593,393$165,370,242$77,990,077$868,499,841
88$2,041,346,917$173,262,382$80,391,743$951,748,109
89$2,249,346,654$181,534,590$82,867,218$1,043,251,538
90$2,478,555,509$190,205,281$85,418,765$1,143,841,374
91$2,731,136,594$199,293,763$88,048,717$1,254,433,146
92$3,009,473,656$208,820,287$90,759,478$1,376,035,240
93$3,316,193,574$218,806,086$93,553,526$1,509,758,345
94$3,654,191,161$229,273,427$96,433,412$1,656,825,861
95$4,026,656,497$240,245,662$99,401,768$1,818,585,369
96$4,437,105,039$251,747,279$102,461,307$1,996,521,266
97$4,889,410,813$263,803,956$105,614,821$2,192,268,694
98$5,387,842,991$276,442,624$108,865,192$2,407,628,883
99$5,937,106,187$289,691,524$112,215,387$2,644,586,055
100$6,542,384,880$303,580,270$115,668,464$2,905,326,060