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

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 $18,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,434,825
2 years$739,941$726,160$712,805$699,855$687,295$678,725
3 years$488,394$474,554$461,232$448,404$436,048$427,668
4 years$362,645$348,847$335,659$323,050$310,993$302,868
5 years$287,216$273,501$260,485$248,133$236,412$228,565
6 years$236,946$223,334$210,510$198,434$187,065$179,506
7 years$201,052$187,555$174,935$163,144$152,134$144,867
8 years$174,145$160,770$148,359$136,857$126,210$119,236
9 years$153,228$139,979$127,782$116,572$106,287$99,604
10 years$136,504$123,384$111,403$100,486$90,562$84,166
11 years$122,830$109,842$98,077$87,453$77,886$71,774
12 years$111,443$98,588$87,041$76,708$67,494$61,660
13 years$101,815$89,095$77,765$67,722$58,856$53,294
14 years$93,570$80,985$69,873$60,116$51,593$46,297
15 years$86,431$73,981$63,086$53,613$45,427$40,389
16 years$80,190$67,876$57,196$48,004$40,148$35,362
17 years$74,689$62,512$52,046$43,132$35,598$31,057
18 years$69,805$57,763$47,512$38,870$31,652$27,347
19 years$65,440$53,535$43,495$35,123$28,212$24,136
20 years$61,516$49,747$39,917$31,810$25,200$21,343
21 years$57,971$46,337$36,716$28,870$22,551$18,907
22 years$54,752$43,254$33,840$26,249$20,214$16,774
23 years$51,818$40,455$31,245$23,906$18,145$14,901
24 years$49,132$37,903$28,896$21,803$16,309$13,252
25 years$46,665$35,571$26,764$19,912$14,676$11,798
26 years$44,391$33,431$24,822$18,207$13,219$10,513
27 years$42,289$31,462$23,049$16,665$11,918$9,376
28 years$40,341$29,647$21,427$15,269$10,754$8,367
29 years$38,530$27,968$19,940$14,002$9,711$7,472
30 years$36,844$26,413$18,573$12,850$8,774$6,676
31 years$35,269$24,969$17,315$11,802$7,933$5,968
32 years$33,796$23,626$16,156$10,846$7,176$5,337
33 years$32,414$22,374$15,085$9,974$6,494$4,775
34 years$31,117$21,205$14,094$9,177$5,880$4,274
35 years$29,897$20,113$13,177$8,448$5,325$3,826
36 years$28,747$19,090$12,327$7,780$4,825$3,426
37 years$27,662$18,131$11,538$7,168$4,373$3,069
38 years$26,636$17,231$10,805$6,607$3,965$2,750
39 years$25,665$16,385$10,123$6,092$3,595$2,464
40 years$24,746$15,589$9,488$5,619$3,261$2,209
41 years$23,873$14,839$8,897$5,184$2,959$1,980
42 years$23,044$14,133$8,345$4,785$2,685$1,775
43 years$22,256$13,465$7,831$4,417$2,436$1,592
44 years$21,505$12,835$7,351$4,078$2,212$1,427
45 years$20,790$12,240$6,902$3,766$2,008$1,280
46 years$20,109$11,676$6,483$3,479$1,823$1,148
47 years$19,458$11,143$6,090$3,214$1,655$1,030
48 years$18,836$10,637$5,723$2,970$1,503$924
49 years$18,241$10,158$5,379$2,745$1,365$829
50 years$17,672$9,703$5,058$2,537$1,240$744

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 $6,416 every year, while hoping to spend $38,790 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: 38/45/17 Blend
39$18,100,000$18,100,000$18,100,000$18,100,000
40$19,952,818$18,993,518$18,712,968$20,608,667
41$21,946,733$19,882,928$19,298,580$21,969,559
42$24,142,728$20,814,619$19,902,510$23,435,153
43$26,561,373$21,790,622$20,525,331$25,018,222
44$29,225,336$22,813,066$21,167,633$26,729,369
45$32,159,597$23,884,183$21,830,025$28,580,215
46$35,391,680$25,006,313$22,513,136$30,583,501
47$38,951,918$26,181,909$23,217,613$32,753,200
48$42,873,735$27,413,543$23,944,123$35,104,641
49$47,193,961$28,703,912$24,693,357$37,654,642
50$51,953,184$30,055,842$25,466,023$40,421,657
51$57,196,129$31,472,299$26,262,855$43,425,945
52$62,972,082$32,956,389$27,084,609$46,689,744
53$69,335,353$34,511,372$27,932,062$50,237,472
54$76,345,792$36,140,661$28,806,019$54,095,945
55$84,069,350$37,847,841$29,707,308$58,294,617
56$92,578,704$39,636,665$30,636,783$62,865,846
57$101,953,942$41,511,072$31,595,325$67,845,183
58$112,283,318$43,475,189$32,583,843$73,271,694
59$123,664,089$45,533,345$33,603,273$79,188,313
60$136,203,426$47,690,079$34,654,583$85,642,233
61$150,019,431$49,950,149$35,738,768$92,685,332
62$165,242,252$52,318,545$36,856,855$100,374,645
63$182,015,307$54,800,499$38,009,905$108,772,886
64$200,496,642$57,401,497$39,199,010$117,949,022
65$220,860,419$60,127,290$40,425,297$127,978,897
66$243,298,565$62,983,911$41,689,928$138,945,934
67$268,022,579$65,977,683$42,994,101$150,941,897
68$295,265,531$69,115,238$44,339,051$164,067,733
69$325,284,260$72,403,529$45,726,055$178,434,503
70$358,361,801$75,849,849$47,156,424$194,164,404
71$394,810,056$79,461,842$48,631,515$211,391,895
72$434,972,736$83,247,527$50,152,726$230,264,940
73$479,228,609$87,215,310$51,721,496$250,946,373
74$527,995,074$91,374,007$53,339,313$273,615,406
75$581,732,101$95,732,863$55,007,709$298,469,291
76$640,946,572$100,301,570$56,728,264$325,725,142
77$706,197,070$105,090,295$58,502,609$355,621,958
78$778,099,149$110,109,696$60,332,424$388,422,834
79$857,331,143$115,370,953$62,219,441$424,417,412
80$944,640,576$120,885,786$64,165,449$463,924,572
81$1,040,851,214$126,666,488$66,172,290$507,295,401
82$1,146,870,842$132,725,950$68,241,866$554,916,462
83$1,263,699,834$139,077,689$70,376,136$607,213,398
84$1,392,440,602$145,735,880$72,577,120$664,654,901
85$1,534,307,994$152,715,389$74,846,905$727,757,086
86$1,690,640,772$160,031,805$77,187,638$797,088,308
87$1,862,914,244$167,701,476$79,601,537$873,274,474
88$2,052,754,195$175,741,547$82,090,887$957,004,894
89$2,261,952,237$184,169,997$84,658,046$1,049,038,724
90$2,492,482,717$193,005,679$87,305,443$1,150,212,069
91$2,746,521,365$202,268,368$90,035,585$1,261,445,813
92$3,026,465,825$211,978,799$92,851,058$1,383,754,236
93$3,334,958,297$222,158,718$95,754,527$1,518,254,520
94$3,674,910,479$232,830,931$98,748,740$1,666,177,216
95$4,049,531,057$244,019,356$101,836,531$1,828,877,782
96$4,462,355,995$255,749,074$105,020,825$2,007,849,293
97$4,917,281,919$268,046,391$108,304,635$2,204,736,446
98$5,418,602,903$280,938,893$111,691,069$2,421,350,997
99$5,971,051,012$294,455,512$115,183,333$2,659,688,767
100$6,579,840,973$308,626,589$118,784,732$2,921,948,379