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

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 $18,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$1,511,197$1,497,736$1,484,603$1,471,784$1,459,268$1,445,231
2 years$748,117$734,184$720,681$707,589$694,889$680,750
3 years$493,791$479,798$466,328$453,359$440,866$427,061
4 years$366,652$352,702$339,368$326,620$314,430$301,066
5 years$290,389$276,523$263,363$250,875$239,024$226,142
6 years$239,564$225,802$212,837$200,627$189,132$176,746
7 years$203,274$189,628$176,868$164,946$153,815$141,931
8 years$176,069$162,546$149,998$138,369$127,604$116,222
9 years$154,921$141,526$129,193$117,860$107,461$96,576
10 years$138,012$124,748$112,634$101,597$91,562$81,169
11 years$124,187$111,056$99,161$88,419$78,747$68,836
12 years$112,674$99,678$88,003$77,556$68,240$58,802
13 years$102,940$90,079$78,625$68,470$59,507$50,531
14 years$94,604$81,880$70,645$60,780$52,163$43,638
15 years$87,386$74,799$63,783$54,205$45,929$37,841
16 years$81,076$68,626$57,828$48,535$40,592$32,928
17 years$75,514$63,202$52,621$43,608$35,992$28,739
18 years$70,576$58,402$48,037$39,300$32,002$25,146
19 years$66,163$54,126$43,975$35,511$28,524$22,050
20 years$62,196$50,297$40,358$32,162$25,478$19,372
21 years$58,611$46,849$37,122$29,189$22,800$17,047
22 years$55,357$43,732$34,214$26,539$20,437$15,022
23 years$52,390$40,902$31,590$24,170$18,346$13,254
24 years$49,675$38,322$29,216$22,044$16,489$11,706
25 years$47,180$35,964$27,059$20,132$14,838$10,350
26 years$44,881$33,800$25,096$18,408$13,365$9,158
27 years$42,756$31,810$23,304$16,849$12,050$8,109
28 years$40,787$29,974$21,664$15,437$10,873$7,185
29 years$38,956$28,277$20,160$14,156$9,818$6,370
30 years$37,251$26,705$18,779$12,992$8,871$5,650
31 years$35,659$25,245$17,507$11,932$8,020$5,014
32 years$34,169$23,887$16,334$10,966$7,255$4,451
33 years$32,773$22,621$15,251$10,084$6,566$3,952
34 years$31,461$21,440$14,250$9,278$5,945$3,511
35 years$30,227$20,335$13,323$8,541$5,384$3,120
36 years$29,065$19,301$12,463$7,866$4,878$2,773
37 years$27,967$18,332$11,665$7,248$4,421$2,465
38 years$26,930$17,422$10,924$6,680$4,008$2,191
39 years$25,949$16,566$10,235$6,160$3,635$1,949
40 years$25,019$15,761$9,593$5,681$3,297$1,733
41 years$24,137$15,003$8,995$5,242$2,991$1,542
42 years$23,299$14,289$8,438$4,838$2,714$1,372
43 years$22,502$13,614$7,918$4,466$2,463$1,220
44 years$21,743$12,977$7,432$4,123$2,236$1,086
45 years$21,020$12,375$6,978$3,808$2,030$966
46 years$20,331$11,805$6,554$3,517$1,843$860
47 years$19,673$11,266$6,158$3,250$1,674$765
48 years$19,044$10,755$5,786$3,003$1,520$681
49 years$18,443$10,270$5,439$2,775$1,380$606
50 years$17,867$9,810$5,113$2,565$1,254$540

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 $2,978 every year, while hoping to spend $29,622 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: 62/15/23 Blend
39$18,300,000$18,300,000$18,300,000$18,300,000
40$20,169,672$19,199,772$18,916,122$21,298,027
41$22,195,461$20,109,043$19,518,294$22,971,048
42$24,426,887$21,061,876$20,139,647$24,793,353
43$26,884,895$22,060,373$20,780,790$26,782,359
44$29,592,564$23,106,741$21,442,356$28,954,333
45$32,575,325$24,203,291$22,124,995$31,327,168
46$35,861,204$25,352,448$22,829,378$33,920,555
47$39,481,083$26,556,754$23,556,198$36,756,159
48$43,468,994$27,818,875$24,306,171$39,857,820
49$47,862,438$29,141,607$25,080,035$43,251,776
50$52,702,742$30,527,880$25,878,551$46,966,906
51$58,035,443$31,980,769$26,702,504$51,034,994
52$63,910,727$33,503,495$27,552,706$55,491,027
53$70,383,893$35,099,438$28,429,994$60,373,519
54$77,515,881$36,772,141$29,335,230$65,724,871
55$85,373,847$38,525,322$30,269,306$71,591,761
56$94,031,792$40,362,876$31,233,141$78,025,583
57$103,571,267$42,288,889$32,227,683$85,082,924
58$114,082,138$44,307,646$33,253,912$92,826,090
59$125,663,435$46,423,640$34,312,837$101,323,691
60$138,424,290$48,641,582$35,405,502$110,651,278
61$152,484,962$50,966,415$36,532,981$120,892,051
62$167,977,977$53,403,317$37,696,384$132,137,637
63$185,049,375$55,957,724$38,896,857$144,488,942
64$203,860,091$58,635,333$40,135,582$158,057,103
65$224,587,474$61,442,118$41,413,778$172,964,520
66$247,426,961$64,384,346$42,732,704$189,346,009
67$272,593,919$67,468,588$44,093,658$207,350,061
68$300,325,684$70,701,733$45,497,980$227,140,236
69$330,883,795$74,091,009$46,947,053$248,896,694
70$364,556,467$77,643,994$48,442,305$272,817,887
71$401,661,311$81,368,634$49,985,207$299,122,419
72$442,548,332$85,273,265$51,577,279$328,051,102
73$487,603,233$89,366,625$53,220,088$359,869,210
74$537,251,055$93,657,882$54,915,254$394,868,976
75$591,960,192$98,156,648$56,664,444$433,372,335
76$652,246,811$102,873,004$58,469,383$475,733,950
77$718,679,726$107,817,521$60,331,847$522,344,542
78$791,885,766$113,001,288$62,253,672$573,634,567
79$872,555,695$118,435,931$64,236,750$630,078,262
80$961,450,730$124,133,646$66,283,035$692,198,106
81$1,059,409,730$130,107,220$68,394,543$760,569,732
82$1,167,357,116$136,370,068$70,573,354$835,827,346
83$1,286,311,595$142,936,254$72,821,614$918,669,694
84$1,417,395,778$149,820,530$75,141,539$1,009,866,635
85$1,561,846,780$157,038,369$77,535,413$1,110,266,396
86$1,721,027,899$164,605,996$80,005,596$1,220,803,549
87$1,896,441,483$172,540,429$82,554,522$1,342,507,815
88$2,089,743,118$180,859,513$85,184,703$1,476,513,763
89$2,302,757,255$189,581,968$87,898,729$1,624,071,492
90$2,537,494,434$198,727,424$90,699,276$1,786,558,408
91$2,796,170,268$208,316,469$93,589,103$1,965,492,202
92$3,081,226,356$218,370,697$96,571,058$2,162,545,149
93$3,395,353,336$228,912,754$99,648,081$2,379,559,862
94$3,741,516,289$239,966,391$102,823,204$2,618,566,659
95$4,122,982,725$251,556,518$106,099,556$2,881,802,701
96$4,543,353,438$263,709,263$109,480,367$3,171,733,072
97$5,006,596,498$276,452,027$112,968,968$3,491,074,021
98$5,517,084,713$289,813,547$116,568,800$3,842,818,563
99$6,079,636,909$303,823,967$120,283,411$4,230,264,702
100$6,699,563,430$318,514,898$124,116,461$4,657,046,521