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%15%
1 years$1,502,939$1,489,552$1,476,490$1,463,742$1,451,294$1,421,410
2 years$744,029$730,172$716,743$703,722$691,092$661,121
3 years$491,092$477,176$463,780$450,882$438,457$409,333
4 years$364,649$350,775$337,513$324,835$312,711$284,659
5 years$288,802$275,012$261,924$249,504$237,718$210,817
6 years$238,255$224,568$211,674$199,531$188,098$162,377
7 years$202,163$188,592$175,902$164,045$152,974$128,439
8 years$175,107$161,658$149,179$137,613$126,907$103,550
9 years$154,074$140,752$128,487$117,216$106,874$84,679
10 years$137,258$124,066$112,018$101,041$91,062$70,007
11 years$123,508$110,449$98,619$87,936$78,316$58,376
12 years$112,059$99,133$87,522$77,132$67,867$49,011
13 years$102,378$89,587$78,195$68,096$59,182$41,378
14 years$94,087$81,432$70,259$60,448$51,878$35,092
15 years$86,908$74,390$63,434$53,909$45,678$29,874
16 years$80,633$68,251$57,512$48,270$40,370$25,511
17 years$75,102$62,857$52,334$43,370$35,795$21,843
18 years$70,190$58,083$47,774$39,085$31,827$18,743
19 years$65,801$53,830$43,735$35,317$28,368$16,114
20 years$61,856$50,022$40,138$31,986$25,339$13,875
21 years$58,291$46,593$36,919$29,029$22,676$11,964
22 years$55,055$43,493$34,027$26,394$20,325$10,328
23 years$52,104$40,678$31,417$24,038$18,245$8,924
24 years$49,403$38,113$29,056$21,924$16,399$7,718
25 years$46,922$35,767$26,912$20,022$14,757$6,680
26 years$44,636$33,615$24,959$18,307$13,292$5,785
27 years$42,523$31,636$23,177$16,757$11,984$5,013
28 years$40,564$29,810$21,546$15,353$10,814$4,345
29 years$38,743$28,123$20,050$14,079$9,764$3,769
30 years$37,047$26,559$18,676$12,921$8,823$3,270
31 years$35,464$25,107$17,411$11,867$7,977$2,837
32 years$33,982$23,756$16,245$10,906$7,215$2,463
33 years$32,594$22,498$15,168$10,029$6,530$2,139
34 years$31,289$21,323$14,172$9,228$5,912$1,857
35 years$30,062$20,224$13,250$8,494$5,355$1,613
36 years$28,906$19,196$12,395$7,823$4,852$1,401
37 years$27,815$18,231$11,601$7,208$4,397$1,217
38 years$26,783$17,326$10,864$6,644$3,987$1,058
39 years$25,807$16,476$10,179$6,126$3,615$919
40 years$24,882$15,675$9,540$5,650$3,279$799
41 years$24,005$14,921$8,946$5,213$2,975$694
42 years$23,171$14,211$8,392$4,811$2,699$604
43 years$22,379$13,540$7,874$4,441$2,450$525
44 years$21,624$12,906$7,391$4,101$2,224$456
45 years$20,905$12,307$6,940$3,787$2,019$396
46 years$20,220$11,741$6,518$3,498$1,833$345
47 years$19,565$11,204$6,124$3,232$1,664$300
48 years$18,940$10,696$5,755$2,986$1,511$261
49 years$18,342$10,214$5,409$2,760$1,373$227
50 years$17,770$9,757$5,085$2,551$1,247$197

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 $2,203 every year, while hoping to spend $24,610 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: 46/49/5 Blend
39$18,200,000$18,200,000$18,200,000$18,200,000
40$20,058,672$19,094,072$18,811,972$20,954,630
41$22,078,472$20,003,497$19,415,989$22,479,239
42$24,303,467$20,956,659$20,039,415$24,129,343
43$26,754,560$21,955,675$20,682,874$25,918,668
44$29,454,787$23,002,765$21,347,013$27,860,065
45$32,429,532$24,100,257$22,032,494$29,967,633
46$35,706,767$25,250,592$22,740,006$32,256,841
47$39,317,317$26,456,331$23,470,256$34,744,668
48$43,295,149$27,720,157$24,223,975$37,449,751
49$47,677,696$29,044,886$25,001,920$40,392,550
50$52,506,205$30,433,470$25,804,869$43,595,533
51$57,826,132$31,889,004$26,633,626$47,083,375
52$63,687,567$33,414,734$27,489,021$50,883,178
53$70,145,707$35,014,065$28,371,912$55,024,719
54$77,261,382$36,690,567$29,283,184$59,540,712
55$85,101,621$38,447,983$30,223,748$64,467,108
56$93,740,290$40,290,238$31,194,548$69,843,419
57$103,258,791$42,221,451$32,196,557$75,713,074
58$113,746,824$44,245,939$33,230,778$82,123,817
59$125,303,239$46,368,228$34,298,248$89,128,136
60$138,036,967$48,593,069$35,400,037$96,783,747
61$152,068,048$50,925,440$36,537,249$105,154,118
62$167,528,766$53,370,563$37,711,023$114,309,049
63$184,564,895$55,933,916$38,922,537$124,325,312
64$203,337,077$58,621,241$40,173,005$135,287,355
65$224,022,339$61,438,561$41,463,681$147,288,077
66$246,815,761$64,392,194$42,795,857$160,429,681
67$271,932,321$67,488,764$44,170,871$174,824,620
68$299,608,923$70,735,219$45,590,100$190,596,625
69$330,106,632$74,138,844$47,054,968$207,881,857
70$363,713,143$77,707,281$48,566,943$226,830,156
71$400,745,489$81,448,544$50,127,542$247,606,431
72$441,553,044$85,371,037$51,738,330$270,392,187
73$486,520,812$89,483,576$53,400,921$295,387,205
74$536,073,067$93,795,403$55,116,984$322,811,395
75$590,677,357$98,316,215$56,888,240$352,906,841
76$650,848,917$103,056,179$58,716,466$385,940,042
77$717,155,534$108,025,959$60,603,495$422,204,398
78$790,222,906$113,236,739$62,551,220$462,022,936
79$870,740,552$118,700,249$64,561,595$505,751,314
80$959,468,318$124,428,790$66,636,638$553,781,143
81$1,057,243,551$130,435,265$68,778,429$606,543,630
82$1,164,989,005$136,733,206$70,989,119$664,513,605
83$1,283,721,555$143,336,804$73,270,926$728,213,950
84$1,414,561,790$150,260,944$75,626,138$798,220,485
85$1,558,744,599$157,521,236$78,057,120$875,167,346
86$1,717,630,826$165,134,055$80,566,312$959,752,914
87$1,892,720,118$173,116,571$83,156,231$1,052,746,347
88$2,085,665,083$181,486,796$85,829,477$1,154,994,777
89$2,298,286,890$190,263,618$88,588,734$1,267,431,240
90$2,532,592,467$199,466,850$91,436,771$1,391,083,414
91$2,790,793,443$209,117,269$94,376,447$1,527,083,246
92$3,075,327,029$219,236,671$97,410,713$1,676,677,563
93$3,388,879,030$229,847,912$100,542,616$1,841,239,760
94$3,734,409,198$240,974,965$103,775,300$2,022,282,679
95$4,115,179,174$252,642,977$107,112,010$2,221,472,804
96$4,534,783,285$264,878,318$110,556,098$2,440,645,901
97$4,997,182,475$277,708,650$114,111,022$2,681,824,248
98$5,506,741,698$291,162,985$117,780,352$2,947,235,624
99$6,068,271,129$305,271,749$121,567,772$3,239,334,235
100$6,687,071,579$320,066,860$125,477,087$3,560,823,769