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

Use the below retirement simulation to view the chances of a successful retirement.
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%17.8%
1 years$1,502,939$1,489,552$1,476,490$1,463,742$1,451,294$1,405,399
2 years$744,029$730,172$716,743$703,722$691,092$645,271
3 years$491,092$477,176$463,780$450,882$438,457$394,146
4 years$364,649$350,775$337,513$324,835$312,711$270,250
5 years$288,802$275,012$261,924$249,504$237,718$197,220
6 years$238,255$224,568$211,674$199,531$188,098$149,598
7 years$202,163$188,592$175,902$164,045$152,974$116,469
8 years$175,107$161,658$149,179$137,613$126,907$92,372
9 years$154,074$140,752$128,487$117,216$106,874$74,270
10 years$137,258$124,066$112,018$101,041$91,062$60,341
11 years$123,508$110,449$98,619$87,936$78,316$49,422
12 years$112,059$99,133$87,522$77,132$67,867$40,738
13 years$102,378$89,587$78,195$68,096$59,182$33,752
14 years$94,087$81,432$70,259$60,448$51,878$28,079
15 years$86,908$74,390$63,434$53,909$45,678$23,439
16 years$80,633$68,251$57,512$48,270$40,370$19,619
17 years$75,102$62,857$52,334$43,370$35,795$16,460
18 years$70,190$58,083$47,774$39,085$31,827$13,835
19 years$65,801$53,830$43,735$35,317$28,368$11,647
20 years$61,856$50,022$40,138$31,986$25,339$9,818
21 years$58,291$46,593$36,919$29,029$22,676$8,286
22 years$55,055$43,493$34,027$26,394$20,325$6,999
23 years$52,104$40,678$31,417$24,038$18,245$5,916
24 years$49,403$38,113$29,056$21,924$16,399$5,004
25 years$46,922$35,767$26,912$20,022$14,757$4,235
26 years$44,636$33,615$24,959$18,307$13,292$3,586
27 years$42,523$31,636$23,177$16,757$11,984$3,038
28 years$40,564$29,810$21,546$15,353$10,814$2,574
29 years$38,743$28,123$20,050$14,079$9,764$2,182
30 years$37,047$26,559$18,676$12,921$8,823$1,850
31 years$35,464$25,107$17,411$11,867$7,977$1,568
32 years$33,982$23,756$16,245$10,906$7,215$1,330
33 years$32,594$22,498$15,168$10,029$6,530$1,128
34 years$31,289$21,323$14,172$9,228$5,912$957
35 years$30,062$20,224$13,250$8,494$5,355$812
36 years$28,906$19,196$12,395$7,823$4,852$689
37 years$27,815$18,231$11,601$7,208$4,397$585
38 years$26,783$17,326$10,864$6,644$3,987$496
39 years$25,807$16,476$10,179$6,126$3,615$421
40 years$24,882$15,675$9,540$5,650$3,279$357
41 years$24,005$14,921$8,946$5,213$2,975$303
42 years$23,171$14,211$8,392$4,811$2,699$257
43 years$22,379$13,540$7,874$4,441$2,450$218
44 years$21,624$12,906$7,391$4,101$2,224$185
45 years$20,905$12,307$6,940$3,787$2,019$157
46 years$20,220$11,741$6,518$3,498$1,833$134
47 years$19,565$11,204$6,124$3,232$1,664$113
48 years$18,940$10,696$5,755$2,986$1,511$96
49 years$18,342$10,214$5,409$2,760$1,373$82
50 years$17,770$9,757$5,085$2,551$1,247$69

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 $5,645 every year, while hoping to spend $31,450 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: 47/44/9 Blend
39$18,200,000$18,200,000$18,200,000$18,200,000
40$20,062,223$19,097,623$18,815,523$20,955,430
41$22,075,107$19,999,944$19,412,380$22,472,824
42$24,292,251$20,945,424$20,028,178$24,114,923
43$26,734,457$21,936,146$20,663,518$25,896,291
44$29,424,646$22,974,292$21,319,021$27,829,867
45$32,388,078$24,062,150$21,995,326$29,929,849
46$35,652,586$25,202,120$22,693,094$32,211,823
47$39,248,844$26,396,717$23,413,006$34,692,898
48$43,210,649$27,648,580$24,155,765$37,391,866
49$47,575,250$28,960,475$24,922,098$40,329,361
50$52,383,689$30,335,302$25,712,752$43,528,049
51$57,681,195$31,776,101$26,528,499$47,012,833
52$63,517,609$33,286,063$27,370,136$50,811,072
53$69,947,856$34,868,530$28,238,485$54,952,834
54$77,032,457$36,527,008$29,134,395$59,471,164
55$84,838,111$38,265,175$30,058,740$64,402,385
56$93,438,314$40,086,884$31,012,424$69,786,427
57$102,914,060$41,996,179$31,996,378$75,667,193
58$113,354,600$43,997,298$33,011,563$82,092,956
59$124,858,290$46,094,686$34,058,970$89,116,802
60$137,533,513$48,293,004$35,139,624$96,797,113
61$151,499,710$50,597,139$36,254,579$105,198,107
62$166,888,498$53,012,217$37,404,926$114,390,421
63$183,844,921$55,543,612$38,591,787$124,451,764
64$202,528,814$58,196,960$39,816,323$135,467,630
65$223,116,313$60,978,170$41,079,730$147,532,087
66$245,801,518$63,893,442$42,383,241$160,748,641
67$270,798,325$66,949,273$43,728,132$175,231,198
68$298,342,445$70,152,478$45,115,716$191,105,108
69$328,693,631$73,510,206$46,547,348$208,508,334
70$362,138,125$77,029,950$48,024,429$227,592,721
71$398,991,367$80,719,570$49,548,400$248,525,411
72$439,600,967$84,587,310$51,120,752$271,490,387
73$484,349,989$88,641,812$52,743,021$296,690,186
74$533,660,568$92,892,140$54,416,792$324,347,781
75$587,997,892$97,347,802$56,143,701$354,708,651
76$647,874,598$102,018,765$57,925,436$388,043,070
77$713,855,607$106,915,484$59,763,738$424,648,619
78$786,563,460$112,048,923$61,660,403$464,852,966
79$866,684,192$117,430,580$63,617,287$509,016,916
80$954,973,814$123,072,513$65,636,300$557,537,781
81$1,052,265,445$128,987,368$67,719,418$610,853,085
82$1,159,477,177$135,188,406$69,868,675$669,444,659
83$1,277,620,746$141,689,535$72,086,173$733,843,133
84$1,407,811,082$148,505,342$74,374,080$804,632,911
85$1,551,276,833$155,651,124$76,734,631$882,457,625
86$1,709,371,964$163,142,923$79,170,135$968,026,170
87$1,883,588,542$170,997,564$81,682,973$1,062,119,333
88$2,075,570,822$179,232,693$84,275,601$1,165,597,112
89$2,287,130,766$187,866,815$86,950,554$1,279,406,774
90$2,520,265,153$196,919,338$89,710,447$1,404,591,732
91$2,777,174,430$206,410,617$92,557,978$1,542,301,330
92$3,060,283,483$216,361,999$95,495,932$1,693,801,627
93$3,372,264,534$226,795,873$98,527,181$1,860,487,274
94$3,716,062,364$237,735,718$101,654,689$2,043,894,606
95$4,094,922,119$249,206,161$104,881,514$2,245,716,064
96$4,512,419,942$261,233,031$108,210,812$2,467,816,091
97$4,972,496,740$273,843,413$111,645,839$2,712,248,645
98$5,479,495,385$287,065,718$115,189,952$2,981,276,501
99$6,038,201,718$300,929,741$118,846,618$3,277,392,510
100$6,653,889,727$315,466,732$122,619,414$3,603,343,039