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%14.2%
1 years$1,519,455$1,505,920$1,492,716$1,479,827$1,467,242$1,441,748
2 years$752,205$738,196$724,619$711,455$698,687$673,085
3 years$496,489$482,419$468,877$455,836$443,275$418,363
4 years$368,656$354,629$341,222$328,404$316,148$292,117
5 years$291,976$278,034$264,802$252,246$240,331$217,250
6 years$240,873$227,035$214,000$201,723$190,165$168,061
7 years$204,385$190,664$177,835$165,848$154,655$133,533
8 years$177,031$163,434$150,818$139,126$128,302$108,158
9 years$155,768$142,299$129,899$118,504$108,048$88,871
10 years$138,767$125,430$113,249$102,152$92,063$73,835
11 years$124,866$111,663$99,703$88,903$79,177$61,879
12 years$113,290$100,222$88,484$77,980$68,613$52,222
13 years$103,503$90,572$79,054$68,844$59,832$44,323
14 years$95,121$82,327$71,031$61,112$52,448$37,794
15 years$87,863$75,207$64,131$54,501$46,180$32,352
16 years$81,519$69,001$58,144$48,800$40,814$27,784
17 years$75,927$63,548$52,909$43,846$36,188$23,925
18 years$70,962$58,721$48,299$39,514$32,177$20,650
19 years$66,524$54,422$44,216$35,705$28,680$17,858
20 years$62,536$50,571$40,579$32,337$25,617$15,470
21 years$58,932$47,105$37,325$29,348$22,925$13,420
22 years$55,660$43,971$34,400$26,684$20,549$11,657
23 years$52,677$41,125$31,763$24,302$18,446$10,135
24 years$49,946$38,532$29,375$22,165$16,580$8,821
25 years$47,438$36,160$27,207$20,242$14,919$7,683
26 years$45,127$33,985$25,233$18,508$13,439$6,696
27 years$42,990$31,984$23,431$16,941$12,116$5,840
28 years$41,010$30,138$21,783$15,522$10,932$5,096
29 years$39,169$28,432$20,270$14,234$9,872$4,448
30 years$37,454$26,851$18,881$13,063$8,920$3,885
31 years$35,854$25,383$17,602$11,997$8,064$3,394
32 years$34,356$24,017$16,423$11,026$7,295$2,966
33 years$32,952$22,745$15,335$10,139$6,602$2,592
34 years$31,633$21,557$14,328$9,329$5,977$2,266
35 years$30,392$20,446$13,395$8,588$5,414$1,982
36 years$29,223$19,407$12,531$7,909$4,905$1,733
37 years$28,120$18,432$11,729$7,287$4,446$1,516
38 years$27,078$17,517$10,984$6,717$4,030$1,326
39 years$26,091$16,657$10,290$6,193$3,655$1,161
40 years$25,156$15,848$9,645$5,712$3,315$1,016
41 years$24,269$15,085$9,044$5,270$3,008$889
42 years$23,426$14,367$8,484$4,864$2,729$778
43 years$22,625$13,689$7,961$4,490$2,477$681
44 years$21,862$13,048$7,473$4,146$2,248$596
45 years$21,135$12,443$7,017$3,829$2,041$522
46 years$20,442$11,870$6,590$3,537$1,853$457
47 years$19,780$11,327$6,191$3,267$1,683$400
48 years$19,148$10,813$5,818$3,019$1,528$350
49 years$18,543$10,326$5,469$2,790$1,388$306
50 years$17,965$9,864$5,141$2,579$1,261$268

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 $3,363 every year, while hoping to spend $45,325 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: 45/50/5 Blend
39$18,400,000$18,400,000$18,400,000$18,400,000
40$20,280,269$19,305,069$19,019,869$21,165,096
41$22,300,631$20,202,792$19,608,809$22,672,008
42$24,525,551$21,142,984$20,215,960$24,299,961
43$26,975,845$22,127,679$20,841,883$26,063,992
44$29,674,454$23,159,007$21,487,158$27,976,625
45$32,646,653$24,239,204$22,152,383$30,051,597
46$35,920,297$25,370,610$22,838,173$32,303,982
47$39,526,078$26,555,681$23,545,163$34,750,320
48$43,497,820$27,796,991$24,274,007$37,408,769
49$47,872,792$29,097,237$25,025,381$40,299,260
50$52,692,064$30,459,249$25,799,978$43,443,679
51$58,000,893$31,885,991$26,598,516$46,866,063
52$63,849,152$33,380,573$27,421,734$50,592,812
53$70,291,796$34,946,251$28,270,393$54,652,926
54$77,389,386$36,586,444$29,145,278$59,078,271
55$85,208,656$38,304,733$30,047,198$63,903,860
56$93,823,148$40,104,874$30,976,987$69,168,176
57$103,313,898$41,990,802$31,935,506$74,913,514
58$113,770,210$43,966,645$32,923,639$81,186,370
59$125,290,491$46,036,731$33,942,302$88,037,863
60$137,983,187$48,205,597$34,992,434$95,524,198
61$151,967,799$50,477,998$36,075,008$103,707,181
62$167,376,017$52,858,922$37,191,023$112,654,785
63$184,352,960$55,353,598$38,341,511$122,441,770
64$203,058,545$57,967,508$39,527,535$133,150,369
65$223,669,000$60,706,399$40,750,191$144,871,046
66$246,378,524$63,576,298$42,010,608$157,703,324
67$271,401,120$66,583,524$43,309,950$171,756,700
68$298,972,619$69,734,701$44,649,418$187,151,661
69$329,352,901$73,036,776$46,030,248$204,020,789
70$362,828,351$76,497,033$47,453,717$222,509,988
71$399,714,564$80,123,108$48,921,137$242,779,835
72$440,359,318$83,923,009$50,433,864$265,007,065
73$485,145,864$87,905,132$51,993,294$289,386,207
74$534,496,540$92,078,281$53,600,866$316,131,390
75$588,876,757$96,451,687$55,258,065$345,478,331
76$648,799,396$101,035,029$56,966,420$377,686,524
77$714,829,646$105,838,457$58,727,507$413,041,652
78$787,590,341$110,872,614$60,542,950$451,858,243
79$867,767,842$116,148,658$62,414,425$494,482,605
80$956,118,512$121,678,292$64,343,658$541,296,044
81$1,053,475,858$127,473,786$66,332,429$592,718,425
82$1,160,758,401$133,548,007$68,382,570$649,212,087
83$1,278,978,346$139,914,447$70,495,974$711,286,155
84$1,409,251,136$146,587,254$72,674,588$779,501,302
85$1,552,805,986$153,581,264$74,920,422$854,474,980
86$1,710,997,485$160,912,034$77,235,544$936,887,195
87$1,885,318,384$168,595,879$79,622,090$1,027,486,872
88$2,077,413,688$176,649,905$82,082,258$1,127,098,856
89$2,289,096,186$185,092,053$84,618,316$1,236,631,634
90$2,522,363,568$193,941,135$87,232,601$1,357,085,851
91$2,779,417,280$203,216,878$89,927,521$1,489,563,674
92$3,062,683,307$212,939,970$92,705,558$1,635,279,130
93$3,374,835,082$223,132,106$95,569,272$1,795,569,486
94$3,718,818,718$233,816,036$98,521,299$1,971,907,787
95$4,097,880,823$245,015,618$101,564,359$2,165,916,683
96$4,515,599,155$256,755,872$104,701,253$2,379,383,650
97$4,975,916,393$269,063,034$107,934,869$2,614,277,775
98$5,483,177,363$281,964,620$111,268,185$2,872,768,242
99$6,042,170,052$295,489,485$114,704,268$3,157,244,709
100$6,658,170,817$309,667,889$118,246,280$3,470,339,757