Can I retire at age 40 with 18,200,000?

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 $18,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$1,502,939$1,489,552$1,476,490$1,463,742$1,451,294$1,429,016
2 years$744,029$730,172$716,743$703,722$691,092$668,702
3 years$491,092$477,176$463,780$450,882$438,457$416,651
4 years$364,649$350,775$337,513$324,835$312,711$291,657
5 years$288,802$275,012$261,924$249,504$237,718$217,476
6 years$238,255$224,568$211,674$199,531$188,098$168,693
7 years$202,163$188,592$175,902$164,045$152,974$134,411
8 years$175,107$161,658$149,179$137,613$126,907$109,184
9 years$154,074$140,752$128,487$117,216$106,874$89,981
10 years$137,258$124,066$112,018$101,041$91,062$74,986
11 years$123,508$110,449$98,619$87,936$78,316$63,042
12 years$112,059$99,133$87,522$77,132$67,867$53,375
13 years$102,378$89,587$78,195$68,096$59,182$45,450
14 years$94,087$81,432$70,259$60,448$51,878$38,886
15 years$86,908$74,390$63,434$53,909$45,678$33,401
16 years$80,633$68,251$57,512$48,270$40,370$28,785
17 years$75,102$62,857$52,334$43,370$35,795$24,876
18 years$70,190$58,083$47,774$39,085$31,827$21,549
19 years$65,801$53,830$43,735$35,317$28,368$18,704
20 years$61,856$50,022$40,138$31,986$25,339$16,263
21 years$58,291$46,593$36,919$29,029$22,676$14,162
22 years$55,055$43,493$34,027$26,394$20,325$12,348
23 years$52,104$40,678$31,417$24,038$18,245$10,778
24 years$49,403$38,113$29,056$21,924$16,399$9,417
25 years$46,922$35,767$26,912$20,022$14,757$8,235
26 years$44,636$33,615$24,959$18,307$13,292$7,206
27 years$42,523$31,636$23,177$16,757$11,984$6,310
28 years$40,564$29,810$21,546$15,353$10,814$5,528
29 years$38,743$28,123$20,050$14,079$9,764$4,845
30 years$37,047$26,559$18,676$12,921$8,823$4,249
31 years$35,464$25,107$17,411$11,867$7,977$3,727
32 years$33,982$23,756$16,245$10,906$7,215$3,271
33 years$32,594$22,498$15,168$10,029$6,530$2,871
34 years$31,289$21,323$14,172$9,228$5,912$2,520
35 years$30,062$20,224$13,250$8,494$5,355$2,213
36 years$28,906$19,196$12,395$7,823$4,852$1,944
37 years$27,815$18,231$11,601$7,208$4,397$1,708
38 years$26,783$17,326$10,864$6,644$3,987$1,500
39 years$25,807$16,476$10,179$6,126$3,615$1,318
40 years$24,882$15,675$9,540$5,650$3,279$1,159
41 years$24,005$14,921$8,946$5,213$2,975$1,018
42 years$23,171$14,211$8,392$4,811$2,699$895
43 years$22,379$13,540$7,874$4,441$2,450$787
44 years$21,624$12,906$7,391$4,101$2,224$692
45 years$20,905$12,307$6,940$3,787$2,019$608
46 years$20,220$11,741$6,518$3,498$1,833$535
47 years$19,565$11,204$6,124$3,232$1,664$470
48 years$18,940$10,696$5,755$2,986$1,511$413
49 years$18,342$10,214$5,409$2,760$1,373$363
50 years$17,770$9,757$5,085$2,551$1,247$319

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $18,200,000, adding $6,451 every year, while hoping to spend $58,171 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: 48/44/8 Blend
39$18,200,000$18,200,000$18,200,000$18,200,000
40$20,063,054$19,098,454$18,816,354$20,982,885
41$22,047,592$19,972,385$19,384,809$22,488,015
42$24,232,604$20,887,189$19,970,357$24,114,591
43$26,638,475$21,844,807$20,573,509$25,879,215
44$29,287,671$22,847,274$21,194,793$27,794,752
45$32,204,945$23,896,722$21,834,750$29,875,325
46$35,417,574$24,995,386$22,493,939$32,136,439
47$38,955,614$26,145,607$23,172,934$34,595,123
48$42,852,186$27,349,841$23,872,327$37,270,078
49$47,143,786$28,610,661$24,592,727$40,181,847
50$51,870,631$29,930,761$25,334,761$43,352,998
51$57,077,036$31,312,970$26,099,077$46,808,333
52$62,811,836$32,760,248$26,886,338$50,575,104
53$69,128,843$34,275,700$27,697,231$54,683,265
54$76,087,357$35,862,581$28,532,459$59,165,745
55$83,752,721$37,524,301$29,392,750$64,058,742
56$92,196,942$39,264,435$30,278,851$69,402,057
57$101,499,370$41,086,732$31,191,532$75,239,456
58$111,747,443$42,995,119$32,131,586$81,619,070
59$123,037,516$44,993,714$33,099,828$88,593,834
60$135,475,769$47,086,833$34,097,099$96,221,976
61$149,179,209$49,278,999$35,124,264$104,567,548
62$164,276,775$51,574,957$36,182,213$113,701,016
63$180,910,554$53,979,678$37,271,865$123,699,908
64$199,237,121$56,498,372$38,394,162$134,649,531
65$219,429,018$59,136,503$39,550,078$146,643,756
66$241,676,385$61,899,799$40,740,613$159,785,884
67$266,188,751$64,794,263$41,966,797$174,189,604
68$293,197,010$67,826,189$43,229,692$189,980,045
69$322,955,608$71,002,176$44,530,390$207,294,932
70$355,744,937$74,329,139$45,870,015$226,285,869
71$391,873,985$77,814,331$47,249,724$247,119,741
72$431,683,252$81,465,354$48,670,711$269,980,266
73$475,547,965$85,290,178$50,134,201$295,069,705
74$523,881,619$89,297,158$51,641,459$322,610,741
75$577,139,881$93,495,055$53,193,784$352,848,556
76$635,824,889$97,893,053$54,792,515$386,053,110
77$700,489,994$102,500,780$56,439,032$422,521,664
78$771,744,986$107,328,330$58,134,752$462,581,546
79$850,261,845$112,386,289$59,881,137$506,593,216
80$936,781,088$117,685,752$61,679,690$554,953,623
81$1,032,118,759$123,238,354$63,531,959$608,099,921
82$1,137,174,131$129,056,292$65,439,538$666,513,550
83$1,252,938,198$135,152,355$67,404,068$730,724,746
84$1,380,503,027$141,539,954$69,427,238$801,317,499
85$1,521,072,071$148,233,146$71,510,785$878,935,019
86$1,675,971,526$155,246,674$73,656,499$964,285,765
87$1,846,662,853$162,595,992$75,866,224$1,058,150,077
88$2,034,756,576$170,297,308$78,141,854$1,161,387,495
89$2,242,027,483$178,367,612$80,485,343$1,274,944,817
90$2,470,431,383$186,824,722$82,898,699$1,399,864,976
91$2,722,123,570$195,687,320$85,383,991$1,537,296,832
92$2,999,479,167$204,974,992$87,943,348$1,688,505,947
93$3,305,115,554$214,708,278$90,578,962$1,854,886,473
94$3,641,917,072$224,908,715$93,293,089$2,037,974,237
95$4,013,062,257$235,598,885$96,088,050$2,239,461,175
96$4,422,053,844$246,802,467$98,966,236$2,461,211,220
97$4,872,751,838$258,544,291$101,930,108$2,705,277,826
98$5,369,409,956$270,850,392$104,982,197$2,973,923,265
99$5,916,715,781$283,748,070$108,125,110$3,269,639,899
100$6,519,835,020$297,265,955$111,361,530$3,595,173,616