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%11.5%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,434,223
2 years$739,941$726,160$712,805$699,855$687,295$678,120
3 years$488,394$474,554$461,232$448,404$436,048$427,078
4 years$362,645$348,847$335,659$323,050$310,993$302,297
5 years$287,216$273,501$260,485$248,133$236,412$228,015
6 years$236,946$223,334$210,510$198,434$187,065$178,979
7 years$201,052$187,555$174,935$163,144$152,134$144,362
8 years$174,145$160,770$148,359$136,857$126,210$118,752
9 years$153,228$139,979$127,782$116,572$106,287$99,142
10 years$136,504$123,384$111,403$100,486$90,562$83,726
11 years$122,830$109,842$98,077$87,453$77,886$71,355
12 years$111,443$98,588$87,041$76,708$67,494$61,262
13 years$101,815$89,095$77,765$67,722$58,856$52,916
14 years$93,570$80,985$69,873$60,116$51,593$45,938
15 years$86,431$73,981$63,086$53,613$45,427$40,050
16 years$80,190$67,876$57,196$48,004$40,148$35,041
17 years$74,689$62,512$52,046$43,132$35,598$30,753
18 years$69,805$57,763$47,512$38,870$31,652$27,061
19 years$65,440$53,535$43,495$35,123$28,212$23,866
20 years$61,516$49,747$39,917$31,810$25,200$21,090
21 years$57,971$46,337$36,716$28,870$22,551$18,669
22 years$54,752$43,254$33,840$26,249$20,214$16,550
23 years$51,818$40,455$31,245$23,906$18,145$14,691
24 years$49,132$37,903$28,896$21,803$16,309$13,056
25 years$46,665$35,571$26,764$19,912$14,676$11,614
26 years$44,391$33,431$24,822$18,207$13,219$10,341
27 years$42,289$31,462$23,049$16,665$11,918$9,215
28 years$40,341$29,647$21,427$15,269$10,754$8,217
29 years$38,530$27,968$19,940$14,002$9,711$7,332
30 years$36,844$26,413$18,573$12,850$8,774$6,546
31 years$35,269$24,969$17,315$11,802$7,933$5,847
32 years$33,796$23,626$16,156$10,846$7,176$5,225
33 years$32,414$22,374$15,085$9,974$6,494$4,671
34 years$31,117$21,205$14,094$9,177$5,880$4,177
35 years$29,897$20,113$13,177$8,448$5,325$3,736
36 years$28,747$19,090$12,327$7,780$4,825$3,343
37 years$27,662$18,131$11,538$7,168$4,373$2,992
38 years$26,636$17,231$10,805$6,607$3,965$2,678
39 years$25,665$16,385$10,123$6,092$3,595$2,398
40 years$24,746$15,589$9,488$5,619$3,261$2,148
41 years$23,873$14,839$8,897$5,184$2,959$1,923
42 years$23,044$14,133$8,345$4,785$2,685$1,723
43 years$22,256$13,465$7,831$4,417$2,436$1,544
44 years$21,505$12,835$7,351$4,078$2,212$1,383
45 years$20,790$12,240$6,902$3,766$2,008$1,239
46 years$20,109$11,676$6,483$3,479$1,823$1,111
47 years$19,458$11,143$6,090$3,214$1,655$995
48 years$18,836$10,637$5,723$2,970$1,503$892
49 years$18,241$10,158$5,379$2,745$1,365$800
50 years$17,672$9,703$5,058$2,537$1,240$717

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 $4,285 every year, while hoping to spend $23,834 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: 59/21/20 Blend
39$18,100,000$18,100,000$18,100,000$18,100,000
40$19,950,620$18,991,320$18,710,770$21,022,267
41$21,960,224$19,896,535$19,312,222$22,654,899
42$24,174,009$20,845,308$19,933,023$24,431,644
43$26,612,776$21,839,746$20,573,797$26,368,858
44$29,299,447$22,882,061$21,235,188$28,482,065
45$32,259,282$23,974,574$21,917,858$30,788,335
46$35,520,116$25,119,715$22,622,493$33,306,445
47$39,112,622$26,320,035$23,349,801$36,057,046
48$43,070,601$27,578,209$24,100,511$39,062,854
49$47,431,302$28,897,041$24,875,378$42,348,862
50$52,235,771$30,279,472$25,675,179$45,942,565
51$57,529,239$31,728,586$26,500,717$49,874,218
52$63,361,552$33,247,617$27,352,822$54,177,112
53$69,787,637$34,839,957$28,232,348$58,887,886
54$76,868,024$36,509,163$29,140,180$64,046,859
55$84,669,415$38,258,964$30,077,228$69,698,412
56$93,265,315$40,093,273$31,044,435$75,891,390
57$102,736,724$42,016,190$32,042,770$82,679,565
58$113,172,906$44,032,019$33,073,238$90,122,127
59$124,672,224$46,145,270$34,136,874$98,284,240
60$137,343,076$48,360,674$35,234,745$107,237,644
61$151,304,916$50,683,193$36,367,955$117,061,326
62$166,689,378$53,118,029$37,537,642$127,842,255
63$183,641,523$55,670,641$38,744,981$139,676,190
64$202,321,206$58,346,751$39,991,186$152,668,579
65$222,904,587$61,152,359$41,277,508$166,935,538
66$245,585,791$64,093,761$42,605,241$182,604,937
67$270,578,743$67,177,557$43,975,718$199,817,595
68$298,119,188$70,410,670$45,390,317$218,728,600
69$328,466,912$73,800,360$46,850,460$239,508,752
70$361,908,200$77,354,241$48,357,614$262,346,169
71$398,758,536$81,080,298$49,913,294$287,448,044
72$439,365,581$84,986,907$51,519,063$315,042,588
73$484,112,456$89,082,851$53,176,537$345,381,168
74$533,421,356$93,377,340$54,887,381$378,740,659
75$587,757,542$97,880,037$56,653,315$415,426,050
76$647,633,725$102,601,073$58,476,116$455,773,293
77$713,614,914$107,551,074$60,357,614$500,152,467
78$786,323,744$112,741,186$62,299,703$548,971,242
79$866,446,359$118,183,097$64,304,336$602,678,714
80$954,738,884$123,889,065$66,373,528$661,769,618
81$1,052,034,570$129,871,949$68,509,361$726,788,979
82$1,159,251,653$136,145,232$70,713,981$798,337,232
83$1,277,402,030$142,723,056$72,989,608$877,075,865
84$1,407,600,806$149,620,255$75,338,529$963,733,638
85$1,551,076,827$156,852,386$77,763,108$1,059,113,438
86$1,709,184,275$164,435,765$80,265,784$1,164,099,825
87$1,883,415,457$172,387,504$82,849,074$1,279,667,359
88$2,075,414,893$180,725,551$85,515,578$1,406,889,764
89$2,286,994,840$189,468,731$88,267,978$1,546,950,035
90$2,520,152,402$198,636,787$91,109,043$1,701,151,571
91$2,777,088,384$208,250,426$94,041,633$1,870,930,444
92$3,060,228,070$218,331,368$97,068,698$2,057,868,921
93$3,372,244,119$228,902,391$100,193,285$2,263,710,358
94$3,716,081,798$239,987,386$103,418,539$2,490,375,623
95$4,094,986,786$251,611,413$106,747,705$2,739,981,183
96$4,512,535,820$263,800,754$110,184,135$3,014,859,043
97$4,972,670,457$276,582,974$113,731,287$3,317,578,712
98$5,479,734,291$289,986,987$117,392,732$3,650,971,416
99$6,038,513,956$304,043,117$121,172,156$4,018,156,772
100$6,654,284,320$318,783,170$125,073,364$4,422,572,185