Can I retire at age 40 with 18,400,000?

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 $18,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$1,519,455$1,505,920$1,492,716$1,479,827$1,467,242$1,447,707
2 years$752,205$738,196$724,619$711,455$698,687$679,037
3 years$496,489$482,419$468,877$455,836$443,275$424,122
4 years$368,656$354,629$341,222$328,404$316,148$297,637
5 years$291,976$278,034$264,802$252,246$240,331$222,517
6 years$240,873$227,035$214,000$201,723$190,165$173,071
7 years$204,385$190,664$177,835$165,848$154,655$138,285
8 years$177,031$163,434$150,818$139,126$128,302$112,654
9 years$155,768$142,299$129,899$118,504$108,048$93,117
10 years$138,767$125,430$113,249$102,152$92,063$77,836
11 years$124,866$111,663$99,703$88,903$79,177$65,642
12 years$113,290$100,222$88,484$77,980$68,613$55,754
13 years$103,503$90,572$79,054$68,844$59,832$47,632
14 years$95,121$82,327$71,031$61,112$52,448$40,890
15 years$87,863$75,207$64,131$54,501$46,180$35,242
16 years$81,519$69,001$58,144$48,800$40,814$30,477
17 years$75,927$63,548$52,909$43,846$36,188$26,432
18 years$70,962$58,721$48,299$39,514$32,177$22,979
19 years$66,524$54,422$44,216$35,705$28,680$20,019
20 years$62,536$50,571$40,579$32,337$25,617$17,471
21 years$58,932$47,105$37,325$29,348$22,925$15,271
22 years$55,660$43,971$34,400$26,684$20,549$13,366
23 years$52,677$41,125$31,763$24,302$18,446$11,712
24 years$49,946$38,532$29,375$22,165$16,580$10,273
25 years$47,438$36,160$27,207$20,242$14,919$9,018
26 years$45,127$33,985$25,233$18,508$13,439$7,923
27 years$42,990$31,984$23,431$16,941$12,116$6,965
28 years$41,010$30,138$21,783$15,522$10,932$6,127
29 years$39,169$28,432$20,270$14,234$9,872$5,393
30 years$37,454$26,851$18,881$13,063$8,920$4,748
31 years$35,854$25,383$17,602$11,997$8,064$4,182
32 years$34,356$24,017$16,423$11,026$7,295$3,685
33 years$32,952$22,745$15,335$10,139$6,602$3,248
34 years$31,633$21,557$14,328$9,329$5,977$2,864
35 years$30,392$20,446$13,395$8,588$5,414$2,525
36 years$29,223$19,407$12,531$7,909$4,905$2,227
37 years$28,120$18,432$11,729$7,287$4,446$1,965
38 years$27,078$17,517$10,984$6,717$4,030$1,734
39 years$26,091$16,657$10,290$6,193$3,655$1,530
40 years$25,156$15,848$9,645$5,712$3,315$1,350
41 years$24,269$15,085$9,044$5,270$3,008$1,192
42 years$23,426$14,367$8,484$4,864$2,729$1,052
43 years$22,625$13,689$7,961$4,490$2,477$929
44 years$21,862$13,048$7,473$4,146$2,248$820
45 years$21,135$12,443$7,017$3,829$2,041$724
46 years$20,442$11,870$6,590$3,537$1,853$639
47 years$19,780$11,327$6,191$3,267$1,683$565
48 years$19,148$10,813$5,818$3,019$1,528$499
49 years$18,543$10,326$5,469$2,790$1,388$440
50 years$17,965$9,864$5,141$2,579$1,261$389

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $18,400,000, adding $6,749 every year, while hoping to spend $23,082 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: 32/45/23 Blend
39$18,400,000$18,400,000$18,400,000$18,400,000
40$20,283,762$19,308,562$19,023,362$20,788,986
41$22,328,146$20,230,122$19,636,085$22,092,555
42$24,580,284$21,196,065$20,268,561$23,493,113
43$27,061,343$22,208,542$20,921,427$25,001,212
44$29,794,646$23,269,807$21,595,341$26,626,299
45$32,805,897$24,382,224$22,290,983$28,378,713
46$36,123,420$25,548,275$23,009,052$30,269,782
47$39,778,427$26,770,558$23,750,273$32,311,911
48$43,805,313$28,051,802$24,515,394$34,518,694
49$48,241,979$29,394,865$25,305,184$36,905,030
50$53,130,195$30,802,747$26,120,441$39,487,254
51$58,515,986$32,278,592$26,961,987$42,283,275
52$64,450,072$33,825,699$27,830,670$45,312,739
53$70,988,347$35,447,526$28,727,365$48,597,197
54$78,192,404$37,147,701$29,652,977$52,160,296
55$86,130,117$38,930,026$30,608,439$56,027,988
56$94,876,282$40,798,490$31,594,715$60,228,761
57$104,513,324$42,757,278$32,612,800$64,793,894
58$115,132,074$44,810,775$33,663,719$69,757,732
59$126,832,626$46,963,583$34,748,534$75,157,995
60$139,725,282$49,220,527$35,868,338$81,036,119
61$153,931,594$51,586,667$37,024,261$87,437,625
62$169,585,512$54,067,308$38,217,469$94,412,531
63$186,834,646$56,668,018$39,449,166$102,015,803
64$205,841,660$59,394,631$40,720,593$110,307,855
65$226,785,812$62,253,270$42,033,035$119,355,093
66$249,864,638$65,250,354$43,387,816$129,230,524
67$275,295,825$68,392,615$44,786,301$140,014,414
68$303,319,260$71,687,115$46,229,903$151,795,026
69$334,199,298$75,141,257$47,720,079$164,669,424
70$368,227,257$78,762,809$49,258,332$178,744,362
71$405,724,166$82,559,915$50,846,214$194,137,263
72$447,043,798$86,541,118$52,485,330$210,977,293
73$492,576,009$90,715,376$54,177,332$229,406,554
74$542,750,418$95,092,086$55,923,929$249,581,389
75$598,040,465$99,681,102$57,726,884$271,673,822
76$658,967,875$104,492,759$59,588,018$295,873,146
77$726,107,591$109,537,897$61,509,209$322,387,672
78$800,093,195$114,827,884$63,492,398$351,446,655
79$881,622,894$120,374,643$65,539,586$383,302,414
80$971,466,108$126,190,679$67,652,841$418,232,673
81$1,070,470,737$132,289,108$69,834,296$456,543,134
82$1,179,571,163$138,683,685$72,086,156$498,570,313
83$1,299,797,073$145,388,838$74,410,694$544,684,672
84$1,432,283,180$152,419,697$76,810,258$595,294,056
85$1,578,279,935$159,792,132$79,287,272$650,847,491
86$1,739,165,330$167,522,788$81,844,238$711,839,366
87$1,916,457,913$175,629,124$84,483,738$778,814,035
88$2,111,831,116$184,129,447$87,208,440$852,370,896
89$2,327,129,064$193,042,964$90,021,097$933,169,979
90$2,564,383,973$202,389,814$92,924,549$1,021,938,110
91$2,825,835,348$212,191,125$95,921,730$1,119,475,697
92$3,113,951,116$222,469,052$99,015,670$1,226,664,209
93$3,431,450,929$233,246,835$102,209,495$1,344,474,419
94$3,781,331,843$244,548,849$105,506,432$1,473,975,481
95$4,166,896,606$256,400,658$108,909,813$1,616,344,936
96$4,591,784,847$268,829,077$112,423,078$1,772,879,739
97$5,060,007,428$281,862,229$116,049,779$1,945,008,400
98$5,575,984,320$295,529,612$119,793,581$2,134,304,374
99$6,144,586,323$309,862,165$123,658,268$2,342,500,804
100$6,771,181,056$324,892,339$127,647,747$2,571,506,775