Can I retire at age 40 with 18,300,000?

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 $18,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$1,511,197$1,497,736$1,484,603$1,471,784$1,459,268$1,408,052
2 years$748,117$734,184$720,681$707,589$694,889$643,828
3 years$493,791$479,798$466,328$453,359$440,866$391,564
4 years$366,652$352,702$339,368$326,620$314,430$267,263
5 years$290,389$276,523$263,363$250,875$239,024$194,117
6 years$239,564$225,802$212,837$200,627$189,132$146,519
7 years$203,274$189,628$176,868$164,946$153,815$113,487
8 years$176,069$162,546$149,998$138,369$127,604$89,529
9 years$154,921$141,526$129,193$117,860$107,461$71,590
10 years$138,012$124,748$112,634$101,597$91,562$57,835
11 years$124,187$111,056$99,161$88,419$78,747$47,094
12 years$112,674$99,678$88,003$77,556$68,240$38,587
13 years$102,940$90,079$78,625$68,470$59,507$31,775
14 years$94,604$81,880$70,645$60,780$52,163$26,269
15 years$87,386$74,799$63,783$54,205$45,929$21,789
16 years$81,076$68,626$57,828$48,535$40,592$18,120
17 years$75,514$63,202$52,621$43,608$35,992$15,101
18 years$70,576$58,402$48,037$39,300$32,002$12,608
19 years$66,163$54,126$43,975$35,511$28,524$10,543
20 years$62,196$50,297$40,358$32,162$25,478$8,826
21 years$58,611$46,849$37,122$29,189$22,800$7,397
22 years$55,357$43,732$34,214$26,539$20,437$6,204
23 years$52,390$40,902$31,590$24,170$18,346$5,207
24 years$49,675$38,322$29,216$22,044$16,489$4,373
25 years$47,180$35,964$27,059$20,132$14,838$3,675
26 years$44,881$33,800$25,096$18,408$13,365$3,089
27 years$42,756$31,810$23,304$16,849$12,050$2,597
28 years$40,787$29,974$21,664$15,437$10,873$2,185
29 years$38,956$28,277$20,160$14,156$9,818$1,838
30 years$37,251$26,705$18,779$12,992$8,871$1,547
31 years$35,659$25,245$17,507$11,932$8,020$1,302
32 years$34,169$23,887$16,334$10,966$7,255$1,096
33 years$32,773$22,621$15,251$10,084$6,566$923
34 years$31,461$21,440$14,250$9,278$5,945$777
35 years$30,227$20,335$13,323$8,541$5,384$654
36 years$29,065$19,301$12,463$7,866$4,878$551
37 years$27,967$18,332$11,665$7,248$4,421$464
38 years$26,930$17,422$10,924$6,680$4,008$391
39 years$25,949$16,566$10,235$6,160$3,635$329
40 years$25,019$15,761$9,593$5,681$3,297$277
41 years$24,137$15,003$8,995$5,242$2,991$234
42 years$23,299$14,289$8,438$4,838$2,714$197
43 years$22,502$13,614$7,918$4,466$2,463$166
44 years$21,743$12,977$7,432$4,123$2,236$140
45 years$21,020$12,375$6,978$3,808$2,030$118
46 years$20,331$11,805$6,554$3,517$1,843$99
47 years$19,673$11,266$6,158$3,250$1,674$83
48 years$19,044$10,755$5,786$3,003$1,520$70
49 years$18,443$10,270$5,439$2,775$1,380$59
50 years$17,867$9,810$5,113$2,565$1,254$50

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $18,300,000, adding $4,977 every year, while hoping to spend $37,731 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: 81/10/9 Blend
39$18,300,000$18,300,000$18,300,000$18,300,000
40$20,171,734$19,201,834$18,918,184$21,779,175
41$22,189,105$20,102,578$19,511,797$23,733,724
42$24,410,984$21,046,194$20,124,033$25,873,064
43$26,858,190$22,034,743$20,755,473$28,220,039
44$29,553,665$23,070,386$21,406,722$30,795,411
45$32,522,691$24,155,387$22,078,399$33,622,041
46$35,793,126$25,292,121$22,771,146$36,725,106
47$39,395,669$26,483,079$23,485,623$40,132,330
48$43,364,147$27,730,871$24,222,512$43,874,246
49$47,735,840$29,038,233$24,982,515$47,984,483
50$52,551,824$30,408,035$25,766,358$52,500,075
51$57,857,367$31,843,285$26,574,788$57,461,814
52$63,702,351$33,347,139$27,408,576$62,914,628
53$70,141,745$34,922,902$28,268,517$68,908,006
54$77,236,122$36,574,044$29,155,432$75,496,456
55$85,052,232$38,304,198$30,070,165$82,740,021
56$93,663,635$40,117,178$31,013,590$90,704,842
57$103,151,386$42,016,981$31,986,606$99,463,775
58$113,604,811$44,007,796$32,990,141$109,097,080
59$125,122,343$46,094,019$34,025,152$119,693,169
60$137,812,453$48,280,258$35,092,625$131,349,443
61$151,794,674$50,571,342$36,193,580$144,173,200
62$167,200,731$52,972,337$37,329,065$158,282,649
63$184,175,780$55,488,556$38,500,163$173,808,018
64$202,879,782$58,125,568$39,707,991$190,892,779
65$223,489,012$60,889,213$40,953,700$209,695,000
66$246,197,721$63,785,614$42,238,479$230,388,825
67$271,219,973$66,821,193$43,563,552$253,166,120
68$298,791,662$70,002,684$44,930,183$278,238,272
69$329,172,741$73,337,145$46,339,674$305,838,185
70$362,649,677$76,831,982$47,793,370$336,222,464
71$399,538,152$80,494,957$49,292,656$369,673,839
72$440,186,046$84,334,211$50,838,961$406,503,819
73$484,976,716$88,358,282$52,433,760$447,055,632
74$534,332,624$92,576,120$54,078,574$491,707,454
75$588,719,315$96,997,113$55,774,969$540,875,974
76$648,649,818$101,631,105$57,524,564$595,020,313
77$714,689,489$106,488,418$59,329,026$654,646,356
78$787,461,343$111,579,878$61,190,075$720,311,519
79$867,651,943$116,916,835$63,109,486$792,629,993
80$956,017,875$122,511,193$65,089,087$872,278,544
81$1,053,392,893$128,375,436$67,130,766$960,002,882
82$1,160,695,790$134,522,655$69,236,469$1,056,624,696
83$1,278,939,073$140,966,577$71,408,203$1,163,049,394
84$1,409,238,519$147,721,600$73,648,038$1,280,274,647
85$1,552,823,709$154,802,819$75,958,109$1,409,399,785
86$1,711,049,639$162,226,069$78,340,617$1,551,636,170
87$1,885,409,508$170,007,952$80,797,833$1,708,318,616
88$2,077,548,817$178,165,881$83,332,100$1,880,917,975
89$2,289,280,903$186,718,115$85,945,832$2,071,055,007
90$2,522,604,058$195,683,806$88,641,520$2,280,515,669
91$2,779,720,394$205,083,035$91,421,734$2,511,267,957
92$3,063,056,635$214,936,865$94,289,122$2,765,480,469
93$3,375,287,022$225,267,381$97,246,418$3,045,542,858
94$3,719,358,565$236,097,750$100,296,440$3,354,088,377
95$4,098,518,862$247,452,263$103,442,094$3,694,018,715
96$4,516,346,759$259,356,397$106,686,377$4,068,531,374
97$4,976,786,140$271,836,871$110,032,382$4,481,149,835
98$5,484,183,155$284,921,708$113,483,296$4,935,756,795
99$6,043,327,259$298,640,293$117,042,408$5,436,630,806
100$6,659,496,419$313,023,447$120,713,109$5,988,486,637