Can I retire at age 40 with 18,500,000?

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 $18,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$1,527,713$1,514,105$1,500,828$1,487,869$1,475,216$1,425,712
2 years$756,293$742,208$728,557$715,322$702,484$653,097
3 years$499,187$485,041$471,425$458,314$445,685$397,967
4 years$370,659$356,557$343,077$330,189$317,866$272,182
5 years$293,563$279,545$266,242$253,617$241,637$198,108
6 years$242,182$228,269$215,163$202,820$191,199$149,860
7 years$205,496$191,700$178,801$166,749$155,496$116,341
8 years$177,994$164,322$151,638$139,882$128,999$91,998
9 years$156,614$143,072$130,605$119,148$108,636$73,744
10 years$139,521$126,111$113,865$102,707$92,563$59,725
11 years$125,544$112,269$100,245$89,386$79,607$48,760
12 years$113,906$100,767$88,965$78,403$68,986$40,059
13 years$104,065$91,064$79,484$69,218$60,157$33,076
14 years$95,638$82,775$71,417$61,444$52,733$27,422
15 years$88,341$75,616$64,480$54,798$46,431$22,809
16 years$81,962$69,376$58,460$49,065$41,036$19,024
17 years$76,340$63,893$53,197$44,085$36,385$15,901
18 years$71,347$59,040$48,562$39,729$32,352$13,316
19 years$66,886$54,718$44,456$35,899$28,836$11,168
20 years$62,876$50,846$40,799$32,513$25,757$9,378
21 years$59,252$47,361$37,528$29,508$23,049$7,884
22 years$55,962$44,210$34,587$26,829$20,660$6,633
23 years$52,963$41,349$31,935$24,434$18,546$5,585
24 years$50,218$38,741$29,535$22,285$16,670$4,706
25 years$47,696$36,357$27,355$20,352$15,000$3,967
26 years$45,372$34,169$25,371$18,609$13,512$3,345
27 years$43,224$32,157$23,559$17,033$12,182$2,822
28 years$41,232$30,302$21,901$15,606$10,992$2,382
29 years$39,382$28,586$20,381$14,311$9,925$2,010
30 years$37,658$26,997$18,984$13,134$8,968$1,697
31 years$36,048$25,521$17,698$12,063$8,108$1,433
32 years$34,543$24,148$16,513$11,086$7,334$1,211
33 years$33,131$22,868$15,418$10,194$6,638$1,023
34 years$31,805$21,674$14,406$9,380$6,010$864
35 years$30,558$20,557$13,468$8,635$5,443$730
36 years$29,382$19,512$12,599$7,952$4,932$617
37 years$28,273$18,532$11,793$7,327$4,470$521
38 years$27,225$17,612$11,043$6,753$4,052$440
39 years$26,233$16,747$10,346$6,227$3,675$372
40 years$25,292$15,934$9,698$5,743$3,333$314
41 years$24,400$15,167$9,093$5,299$3,024$266
42 years$23,553$14,445$8,530$4,890$2,744$225
43 years$22,748$13,763$8,004$4,514$2,490$190
44 years$21,981$13,119$7,513$4,168$2,260$160
45 years$21,250$12,510$7,055$3,850$2,052$136
46 years$20,553$11,934$6,626$3,556$1,863$115
47 years$19,888$11,389$6,225$3,285$1,692$97
48 years$19,252$10,872$5,850$3,036$1,536$82
49 years$18,644$10,382$5,498$2,805$1,395$69
50 years$18,062$9,918$5,169$2,593$1,267$59

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $18,500,000, adding $2,282 every year, while hoping to spend $34,834 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: 63/10/27 Blend
39$18,500,000$18,500,000$18,500,000$18,500,000
40$20,389,354$19,408,854$19,122,104$21,527,245
41$22,432,005$20,322,825$19,725,631$23,212,745
42$24,681,839$21,280,412$20,348,209$25,048,985
43$27,159,951$22,283,718$20,990,439$27,053,991
44$29,889,589$23,334,943$21,652,942$29,244,308
45$32,896,369$24,436,397$22,336,357$31,638,141
46$36,208,519$25,590,500$23,041,345$34,255,527
47$39,857,144$26,799,791$23,768,587$37,118,516
48$43,876,523$28,066,931$24,518,785$40,251,382
49$48,304,429$29,394,711$25,292,664$43,680,844
50$53,182,484$30,786,055$26,090,972$47,436,315
51$58,556,557$32,244,032$26,914,479$51,550,178
52$64,477,194$33,771,858$27,763,983$56,058,082
53$71,000,094$35,372,905$28,640,302$60,999,281
54$78,186,636$37,050,709$29,544,284$66,416,996
55$86,104,457$38,808,979$30,476,803$72,358,816
56$94,828,095$40,651,601$31,438,758$78,877,150
57$104,439,684$42,582,653$32,431,080$86,029,707
58$115,029,737$44,606,409$33,454,727$93,880,043
59$126,697,998$46,727,351$34,510,688$102,498,152
60$139,554,382$48,950,179$35,599,984$111,961,121
61$153,720,012$51,279,820$36,723,666$122,353,854
62$169,328,365$53,721,444$37,882,821$133,769,862
63$186,526,531$56,280,467$39,078,569$146,312,144
64$205,476,600$58,962,573$40,312,064$160,094,154
65$226,357,194$61,773,720$41,584,498$175,240,857
66$249,365,151$64,720,155$42,897,102$191,889,909
67$274,717,384$67,808,430$44,251,142$210,192,947
68$302,652,930$71,045,416$45,647,929$230,317,010
69$333,435,205$74,438,317$47,088,810$252,446,109
70$367,354,489$77,994,688$48,575,179$276,782,956
71$404,730,670$81,722,452$50,108,471$303,550,868
72$445,916,262$85,629,915$51,690,168$332,995,866
73$491,299,731$89,725,791$53,321,798$365,388,987
74$541,309,163$94,019,215$55,004,939$401,028,835
75$596,416,309$98,519,768$56,741,215$440,244,383
76$657,141,033$103,237,496$58,532,306$483,398,076
77$724,056,221$108,182,937$60,379,941$530,889,236
78$797,793,194$113,367,138$62,285,907$583,157,818
79$879,047,659$118,801,687$64,252,044$640,688,555
80$968,586,286$124,498,736$66,280,253$704,015,521
81$1,067,253,939$130,471,026$68,372,494$773,727,155
82$1,175,981,656$136,731,922$70,530,788$850,471,805
83$1,295,795,437$143,295,438$72,757,221$934,963,833
84$1,427,825,928$150,176,271$75,053,945$1,027,990,347
85$1,573,319,099$157,389,835$77,423,179$1,130,418,608
86$1,733,648,004$164,952,293$79,867,212$1,243,204,208
87$1,910,325,744$172,880,598$82,388,407$1,367,400,070
88$2,105,019,750$181,192,528$84,989,199$1,504,166,371
89$2,319,567,530$189,906,728$87,672,102$1,654,781,475
90$2,555,994,010$199,042,749$90,439,710$1,820,653,983
91$2,816,530,655$208,621,099$93,294,695$2,003,336,010
92$3,103,636,532$218,663,284$96,239,819$2,204,537,814
93$3,420,021,532$229,191,859$99,277,926$2,426,143,924
94$3,768,671,945$240,230,476$102,411,953$2,670,230,903
95$4,152,878,658$251,803,945$105,644,929$2,939,086,931
96$4,576,268,226$263,938,282$108,979,978$3,235,233,380
97$5,042,837,101$276,660,774$112,420,323$3,561,448,591
98$5,556,989,371$290,000,038$115,969,290$3,920,794,074
99$6,123,578,333$303,986,086$119,630,308$4,316,643,388
100$6,747,952,316$318,650,397$123,406,916$4,752,713,950