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%12.8%
1 years$1,502,939$1,489,552$1,476,490$1,463,742$1,451,294$1,434,348
2 years$744,029$730,172$716,743$703,722$691,092$674,036
3 years$491,092$477,176$463,780$450,882$438,457$421,819
4 years$364,649$350,775$337,513$324,835$312,711$296,620
5 years$288,802$275,012$261,924$249,504$237,718$222,221
6 years$238,255$224,568$211,674$199,531$188,098$173,214
7 years$202,163$188,592$175,902$164,045$152,974$138,709
8 years$175,107$161,658$149,179$137,613$126,907$113,259
9 years$154,074$140,752$128,487$117,216$106,874$93,838
10 years$137,258$124,066$112,018$101,041$91,062$78,629
11 years$123,508$110,449$98,619$87,936$78,316$66,476
12 years$112,059$99,133$87,522$77,132$67,867$56,607
13 years$102,378$89,587$78,195$68,096$59,182$48,487
14 years$94,087$81,432$70,259$60,448$51,878$41,734
15 years$86,908$74,390$63,434$53,909$45,678$36,068
16 years$80,633$68,251$57,512$48,270$40,370$31,278
17 years$75,102$62,857$52,334$43,370$35,795$27,203
18 years$70,190$58,083$47,774$39,085$31,827$23,717
19 years$65,801$53,830$43,735$35,317$28,368$20,722
20 years$61,856$50,022$40,138$31,986$25,339$18,138
21 years$58,291$46,593$36,919$29,029$22,676$15,902
22 years$55,055$43,493$34,027$26,394$20,325$13,960
23 years$52,104$40,678$31,417$24,038$18,245$12,270
24 years$49,403$38,113$29,056$21,924$16,399$10,796
25 years$46,922$35,767$26,912$20,022$14,757$9,507
26 years$44,636$33,615$24,959$18,307$13,292$8,379
27 years$42,523$31,636$23,177$16,757$11,984$7,390
28 years$40,564$29,810$21,546$15,353$10,814$6,522
29 years$38,743$28,123$20,050$14,079$9,764$5,759
30 years$37,047$26,559$18,676$12,921$8,823$5,087
31 years$35,464$25,107$17,411$11,867$7,977$4,496
32 years$33,982$23,756$16,245$10,906$7,215$3,974
33 years$32,594$22,498$15,168$10,029$6,530$3,515
34 years$31,289$21,323$14,172$9,228$5,912$3,109
35 years$30,062$20,224$13,250$8,494$5,355$2,751
36 years$28,906$19,196$12,395$7,823$4,852$2,435
37 years$27,815$18,231$11,601$7,208$4,397$2,155
38 years$26,783$17,326$10,864$6,644$3,987$1,908
39 years$25,807$16,476$10,179$6,126$3,615$1,690
40 years$24,882$15,675$9,540$5,650$3,279$1,496
41 years$24,005$14,921$8,946$5,213$2,975$1,325
42 years$23,171$14,211$8,392$4,811$2,699$1,174
43 years$22,379$13,540$7,874$4,441$2,450$1,040
44 years$21,624$12,906$7,391$4,101$2,224$921
45 years$20,905$12,307$6,940$3,787$2,019$816
46 years$20,220$11,741$6,518$3,498$1,833$723
47 years$19,565$11,204$6,124$3,232$1,664$641
48 years$18,940$10,696$5,755$2,986$1,511$568
49 years$18,342$10,214$5,409$2,760$1,373$503
50 years$17,770$9,757$5,085$2,551$1,247$446

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 $2,164 every year, while hoping to spend $21,815 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: 79/16/5 Blend
39$18,200,000$18,200,000$18,200,000$18,200,000
40$20,058,632$19,094,032$18,811,932$21,639,292
41$22,081,402$20,006,429$19,418,921$23,587,070
42$24,309,762$20,962,802$20,045,513$25,719,999
43$26,764,662$21,965,283$20,692,341$28,058,934
44$29,469,183$23,016,107$21,360,060$30,624,381
45$32,448,763$24,117,620$22,049,345$33,438,913
46$35,731,433$25,272,279$22,760,894$36,527,381
47$39,348,081$26,482,662$23,495,426$39,917,147
48$43,332,746$27,751,474$24,253,684$43,638,337
49$47,722,939$29,081,549$25,036,435$47,724,121
50$52,559,994$30,475,860$25,844,471$52,211,026
51$57,889,463$31,937,526$26,678,610$57,139,272
52$63,761,540$33,469,817$27,539,696$62,553,151
53$70,231,541$35,076,162$28,428,599$68,501,440
54$77,360,421$36,760,157$29,346,220$75,037,855
55$85,215,352$38,525,573$30,293,487$82,221,558
56$93,870,358$40,376,366$31,271,359$90,117,703
57$103,407,011$42,316,684$32,280,825$98,798,054
58$113,915,200$44,350,876$33,322,908$108,341,651
59$125,493,987$46,483,505$34,398,661$118,835,552
60$138,252,532$48,719,356$35,509,175$130,375,652
61$152,311,131$51,063,444$36,655,572$143,067,578
62$167,802,347$53,521,034$37,839,015$157,027,679
63$184,872,264$56,097,643$39,060,700$172,384,123
64$203,681,867$58,799,059$40,321,865$189,278,094
65$224,408,558$61,631,353$41,623,788$207,865,120
66$247,247,831$64,600,890$42,967,785$228,316,531
67$272,415,123$67,714,347$44,355,219$250,821,073
68$300,147,841$70,978,725$45,787,495$275,586,677
69$330,707,607$74,401,369$47,266,062$302,842,412
70$364,382,727$77,989,980$48,792,419$332,840,642
71$401,490,912$81,752,636$50,368,112$365,859,395
72$442,382,278$85,697,808$51,994,736$402,204,981
73$487,442,651$89,834,381$53,673,941$442,214,868
74$537,097,209$94,171,674$55,407,426$486,260,860
75$591,814,498$98,719,459$57,196,948$534,752,595
76$652,110,852$103,487,988$59,044,320$588,141,396
77$718,555,268$108,488,009$60,951,415$646,924,524
78$791,774,782$113,730,798$62,920,164$711,649,855
79$872,460,384$119,228,180$64,952,563$782,921,038
80$961,373,540$124,992,559$67,050,671$861,403,181
81$1,059,353,388$131,036,941$69,216,616$947,829,112
82$1,167,324,652$137,374,970$71,452,591$1,043,006,282
83$1,286,306,378$144,020,954$73,760,864$1,147,824,369
84$1,417,421,550$150,989,902$76,143,774$1,263,263,663
85$1,561,907,695$158,297,554$78,603,737$1,390,404,296
86$1,721,128,565$165,960,420$81,143,248$1,530,436,423
87$1,896,587,011$173,995,813$83,764,879$1,684,671,437
88$2,089,939,174$182,421,896$86,471,291$1,854,554,325
89$2,303,010,117$191,257,716$89,265,226$2,041,677,290
90$2,537,811,056$200,523,251$92,149,518$2,247,794,757
91$2,796,558,349$210,239,456$95,127,092$2,474,839,910
92$3,081,694,419$220,428,307$98,200,968$2,724,942,919
93$3,395,910,812$231,112,856$101,374,263$3,000,451,022
94$3,742,173,609$242,317,281$104,650,195$3,303,950,653
95$4,123,751,429$254,066,939$108,032,088$3,638,291,834
96$4,544,246,283$266,388,427$111,523,371$4,006,615,046
97$5,007,627,587$279,309,643$115,127,587$4,412,380,849
98$5,518,269,632$292,859,847$118,848,392$4,859,402,514
99$6,080,992,882$307,069,727$122,689,562$5,351,881,986
100$6,701,109,486$321,971,474$126,654,992$5,894,449,520