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%16.9%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,402,741
2 years$739,941$726,160$712,805$699,855$687,295$646,723
3 years$488,394$474,554$461,232$448,404$436,048$396,752
4 years$362,645$348,847$335,659$323,050$310,993$273,275
5 years$287,216$273,501$260,485$248,133$236,412$200,376
6 years$236,946$223,334$210,510$198,434$187,065$152,743
7 years$201,052$187,555$174,935$163,144$152,134$119,528
8 years$174,145$160,770$148,359$136,857$126,210$95,301
9 years$153,228$139,979$127,782$116,572$106,287$77,046
10 years$136,504$123,384$111,403$100,486$90,562$62,950
11 years$122,830$109,842$98,077$87,453$77,886$51,859
12 years$111,443$98,588$87,041$76,708$67,494$43,002
13 years$101,815$89,095$77,765$67,722$58,856$35,845
14 years$93,570$80,985$69,873$60,116$51,593$30,007
15 years$86,431$73,981$63,086$53,613$45,427$25,208
16 years$80,190$67,876$57,196$48,004$40,148$21,237
17 years$74,689$62,512$52,046$43,132$35,598$17,935
18 years$69,805$57,763$47,512$38,870$31,652$15,176
19 years$65,440$53,535$43,495$35,123$28,212$12,863
20 years$61,516$49,747$39,917$31,810$25,200$10,918
21 years$57,971$46,337$36,716$28,870$22,551$9,278
22 years$54,752$43,254$33,840$26,249$20,214$7,892
23 years$51,818$40,455$31,245$23,906$18,145$6,718
24 years$49,132$37,903$28,896$21,803$16,309$5,724
25 years$46,665$35,571$26,764$19,912$14,676$4,879
26 years$44,391$33,431$24,822$18,207$13,219$4,161
27 years$42,289$31,462$23,049$16,665$11,918$3,551
28 years$40,341$29,647$21,427$15,269$10,754$3,031
29 years$38,530$27,968$19,940$14,002$9,711$2,588
30 years$36,844$26,413$18,573$12,850$8,774$2,210
31 years$35,269$24,969$17,315$11,802$7,933$1,888
32 years$33,796$23,626$16,156$10,846$7,176$1,613
33 years$32,414$22,374$15,085$9,974$6,494$1,379
34 years$31,117$21,205$14,094$9,177$5,880$1,178
35 years$29,897$20,113$13,177$8,448$5,325$1,007
36 years$28,747$19,090$12,327$7,780$4,825$861
37 years$27,662$18,131$11,538$7,168$4,373$736
38 years$26,636$17,231$10,805$6,607$3,965$630
39 years$25,665$16,385$10,123$6,092$3,595$538
40 years$24,746$15,589$9,488$5,619$3,261$460
41 years$23,873$14,839$8,897$5,184$2,959$394
42 years$23,044$14,133$8,345$4,785$2,685$337
43 years$22,256$13,465$7,831$4,417$2,436$288
44 years$21,505$12,835$7,351$4,078$2,212$246
45 years$20,790$12,240$6,902$3,766$2,008$211
46 years$20,109$11,676$6,483$3,479$1,823$180
47 years$19,458$11,143$6,090$3,214$1,655$154
48 years$18,836$10,637$5,723$2,970$1,503$132
49 years$18,241$10,158$5,379$2,745$1,365$113
50 years$17,672$9,703$5,058$2,537$1,240$96

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 $6,988 every year, while hoping to spend $32,223 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: 60/11/29 Blend
39$18,100,000$18,100,000$18,100,000$18,100,000
40$19,953,408$18,994,108$18,713,558$20,993,108
41$21,954,371$19,890,534$19,306,177$22,600,366
42$24,158,352$20,829,806$19,917,569$24,349,346
43$26,586,024$21,813,987$20,548,329$26,257,221
44$29,260,171$22,845,244$21,199,070$28,339,488
45$32,205,895$23,925,848$21,870,425$30,613,197
46$35,450,860$25,058,178$22,563,048$33,097,111
47$39,025,551$26,244,732$23,277,613$35,811,875
48$42,963,559$27,488,126$24,014,816$38,780,211
49$47,301,902$28,791,104$24,775,372$42,027,127
50$52,081,372$30,156,545$25,560,023$45,580,148
51$57,346,921$31,587,464$26,369,532$49,469,573
52$63,148,082$33,087,025$27,204,687$53,728,756
53$69,539,443$34,658,546$28,066,301$58,394,416
54$76,581,156$36,305,504$28,955,212$63,506,979
55$84,339,507$38,031,547$29,872,285$69,110,953
56$92,887,543$39,840,500$30,818,412$75,255,345
57$102,305,759$41,736,371$31,794,516$81,994,118
58$112,682,860$43,723,365$32,801,545$89,386,693
59$124,116,594$45,805,893$33,840,479$97,498,505
60$136,714,682$47,988,578$34,912,331$106,401,615
61$150,595,829$50,276,267$36,018,143$116,175,382
62$165,890,844$52,674,044$37,158,991$126,907,209
63$182,743,879$55,187,241$38,335,986$138,693,354
64$201,313,787$57,821,449$39,550,274$151,639,842
65$221,775,622$60,582,528$40,803,037$165,863,448
66$244,322,290$63,476,627$42,095,494$181,492,798
67$269,166,374$66,510,192$43,428,903$198,669,570
68$296,542,135$69,689,982$44,804,562$217,549,830
69$326,707,729$73,023,088$46,223,811$238,305,488
70$359,947,639$76,516,941$47,688,031$261,125,918
71$396,575,366$80,179,339$49,198,648$286,219,732
72$436,936,383$84,018,456$50,757,132$313,816,742
73$481,411,399$88,042,865$52,365,001$344,170,117
74$530,419,952$92,261,556$54,023,819$377,558,763
75$584,424,373$96,683,958$55,735,203$414,289,943
76$643,934,145$101,319,958$57,500,818$454,702,170
77$709,510,715$106,179,924$59,322,383$499,168,385
78$781,772,798$111,274,729$61,201,672$548,099,466
79$861,402,210$116,615,778$63,140,516$601,948,097
80$949,150,314$122,215,029$65,140,800$661,213,024
81$1,045,845,103$128,085,023$67,204,475$726,443,748
82$1,152,399,027$134,238,913$69,333,548$798,245,700
83$1,269,817,600$140,690,491$71,530,094$877,285,939
84$1,399,208,894$147,454,224$73,796,251$964,299,434
85$1,541,794,001$154,545,282$76,134,226$1,060,095,983
86$1,698,918,563$161,979,574$78,546,296$1,165,567,842
87$1,872,065,469$169,773,786$81,034,809$1,281,698,129
88$2,062,868,862$177,945,416$83,602,191$1,409,570,082
89$2,273,129,562$186,512,817$86,250,940$1,550,377,273
90$2,504,832,067$195,495,235$88,983,636$1,705,434,846
91$2,760,163,291$204,912,855$91,802,941$1,876,191,916
92$3,041,533,209$214,786,847$94,711,602$2,064,245,222
93$3,351,597,605$225,139,412$97,712,450$2,271,354,184
94$3,693,283,153$235,993,835$100,808,409$2,499,457,479
95$4,069,815,038$247,374,536$104,002,494$2,750,691,322
96$4,484,747,411$259,307,128$107,297,816$3,027,409,606
97$4,941,996,940$271,818,470$110,697,586$3,332,206,094
98$5,445,879,787$284,936,735$114,205,115$3,667,938,876
99$6,001,152,359$298,691,468$117,823,820$4,037,757,322
100$6,613,056,207$313,113,657$121,557,225$4,445,131,779