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

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 $18,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$1,519,455$1,505,920$1,492,716$1,479,827$1,467,242$1,416,310
2 years$752,205$738,196$724,619$711,455$698,687$647,900
3 years$496,489$482,419$468,877$455,836$443,275$394,230
4 years$368,656$354,629$341,222$328,404$316,148$269,219
5 years$291,976$278,034$264,802$252,246$240,331$195,641
6 years$240,873$227,035$214,000$201,723$190,165$147,750
7 years$204,385$190,664$177,835$165,848$154,655$114,507
8 years$177,031$163,434$150,818$139,126$128,302$90,387
9 years$155,768$142,299$129,899$118,504$108,048$72,320
10 years$138,767$125,430$113,249$102,152$92,063$58,461
11 years$124,866$111,663$99,703$88,903$79,177$47,635
12 years$113,290$100,222$88,484$77,980$68,613$39,057
13 years$103,503$90,572$79,054$68,844$59,832$32,183
14 years$95,121$82,327$71,031$61,112$52,448$26,626
15 years$87,863$75,207$64,131$54,501$46,180$22,100
16 years$81,519$69,001$58,144$48,800$40,814$18,392
17 years$75,927$63,548$52,909$43,846$36,188$15,340
18 years$70,962$58,721$48,299$39,514$32,177$12,817
19 years$66,524$54,422$44,216$35,705$28,680$10,725
20 years$62,536$50,571$40,579$32,337$25,617$8,986
21 years$58,932$47,105$37,325$29,348$22,925$7,536
22 years$55,660$43,971$34,400$26,684$20,549$6,326
23 years$52,677$41,125$31,763$24,302$18,446$5,314
24 years$49,946$38,532$29,375$22,165$16,580$4,466
25 years$47,438$36,160$27,207$20,242$14,919$3,756
26 years$45,127$33,985$25,233$18,508$13,439$3,160
27 years$42,990$31,984$23,431$16,941$12,116$2,659
28 years$41,010$30,138$21,783$15,522$10,932$2,239
29 years$39,169$28,432$20,270$14,234$9,872$1,885
30 years$37,454$26,851$18,881$13,063$8,920$1,588
31 years$35,854$25,383$17,602$11,997$8,064$1,337
32 years$34,356$24,017$16,423$11,026$7,295$1,127
33 years$32,952$22,745$15,335$10,139$6,602$949
34 years$31,633$21,557$14,328$9,329$5,977$800
35 years$30,392$20,446$13,395$8,588$5,414$674
36 years$29,223$19,407$12,531$7,909$4,905$568
37 years$28,120$18,432$11,729$7,287$4,446$479
38 years$27,078$17,517$10,984$6,717$4,030$404
39 years$26,091$16,657$10,290$6,193$3,655$340
40 years$25,156$15,848$9,645$5,712$3,315$287
41 years$24,269$15,085$9,044$5,270$3,008$242
42 years$23,426$14,367$8,484$4,864$2,729$204
43 years$22,625$13,689$7,961$4,490$2,477$172
44 years$21,862$13,048$7,473$4,146$2,248$145
45 years$21,135$12,443$7,017$3,829$2,041$122
46 years$20,442$11,870$6,590$3,537$1,853$103
47 years$19,780$11,327$6,191$3,267$1,683$87
48 years$19,148$10,813$5,818$3,019$1,528$73
49 years$18,543$10,326$5,469$2,790$1,388$62
50 years$17,965$9,864$5,141$2,579$1,261$52

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 $5,394 every year, while hoping to spend $21,772 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: 43/50/7 Blend
39$18,400,000$18,400,000$18,400,000$18,400,000
40$20,282,364$19,307,164$19,021,964$21,113,359
41$22,328,000$20,230,050$19,636,034$22,613,214
42$24,581,561$21,197,427$20,269,947$24,234,388
43$27,064,232$22,211,453$20,924,342$25,990,079
44$29,799,360$23,274,391$21,599,884$27,892,584
45$32,812,670$24,388,611$22,297,255$29,955,387
46$36,132,511$25,556,602$23,017,162$32,193,279
47$39,790,124$26,780,972$23,760,334$34,622,483
48$43,819,935$28,064,458$24,527,523$37,260,801
49$48,259,880$29,409,928$25,319,506$40,127,772
50$53,151,764$30,820,390$26,137,086$43,244,842
51$58,541,655$32,299,001$26,981,090$46,635,555
52$64,480,320$33,849,068$27,852,373$50,325,765
53$71,023,703$35,474,063$28,751,817$54,343,864
54$78,233,452$37,177,623$29,680,335$58,721,042
55$86,177,503$38,963,566$30,638,865$63,491,559
56$94,930,722$40,835,894$31,628,380$68,693,061
57$104,575,606$42,798,803$32,649,881$74,366,915
58$115,203,070$44,856,697$33,704,405$80,558,585
59$126,913,299$47,014,191$34,793,018$87,318,043
60$139,816,697$49,276,127$35,916,825$94,700,224
61$154,034,925$51,647,583$37,076,964$102,765,526
62$169,702,056$54,133,883$38,274,611$111,580,356
63$186,965,835$56,740,612$39,510,980$121,217,744
64$205,989,075$59,473,628$40,787,323$131,758,002
65$226,951,197$62,339,071$42,104,934$143,289,466
66$250,049,919$65,343,386$43,465,149$155,909,303
67$275,503,126$68,493,328$44,869,348$169,724,403
68$303,550,926$71,795,982$46,318,952$184,852,363
69$334,457,916$75,258,780$47,815,432$201,422,569
70$368,515,680$78,889,517$49,360,306$219,577,389
71$406,045,542$82,696,366$50,955,139$239,473,487
72$447,401,600$86,687,901$52,601,548$261,283,269
73$492,974,067$90,873,112$54,301,204$285,196,478
74$543,192,958$95,261,430$56,055,830$311,421,952
75$598,532,144$99,862,744$57,867,205$340,189,556
76$659,513,833$104,687,429$59,737,166$371,752,316
77$726,713,493$109,746,362$61,667,611$406,388,769
78$800,765,291$115,050,955$63,660,497$444,405,545
79$882,368,072$120,613,174$65,717,846$486,140,225
80$972,291,967$126,445,570$67,841,744$531,964,474
81$1,071,385,652$132,561,308$70,034,348$582,287,509
82$1,180,584,370$138,974,194$72,297,880$637,559,906
83$1,300,918,756$145,698,709$74,634,639$698,277,803
84$1,433,524,564$152,750,041$77,046,994$764,987,526
85$1,579,653,395$160,144,119$79,537,394$838,290,692
86$1,740,684,511$167,897,650$82,108,367$918,849,823
87$1,918,137,855$176,028,159$84,762,520$1,007,394,539
88$2,113,688,400$184,554,023$87,502,549$1,104,728,379
89$2,329,181,967$193,494,520$90,331,235$1,211,736,314
90$2,566,652,644$202,869,868$93,251,447$1,329,393,030
91$2,828,341,995$212,701,272$96,266,152$1,458,772,052
92$3,116,720,219$223,010,975$99,378,408$1,601,055,796
93$3,434,509,473$233,822,305$102,591,377$1,757,546,647
94$3,784,709,570$245,159,729$105,908,319$1,929,679,167
95$4,170,626,302$257,048,911$109,332,603$2,119,033,542
96$4,595,902,645$269,516,768$112,867,706$2,327,350,404
97$5,064,553,158$282,591,533$116,517,217$2,556,547,158
98$5,581,001,879$296,302,817$120,284,843$2,808,735,979
99$6,150,124,095$310,681,679$124,174,409$3,086,243,639
100$6,777,292,368$325,760,697$128,189,867$3,391,633,351