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%13.3%
1 years$1,527,713$1,514,105$1,500,828$1,487,869$1,475,216$1,454,973
2 years$756,293$742,208$728,557$715,322$702,484$682,125
3 years$499,187$485,041$471,425$458,314$445,685$425,843
4 years$370,659$356,557$343,077$330,189$317,866$298,694
5 years$293,563$279,545$266,242$253,617$241,637$223,191
6 years$242,182$228,269$215,163$202,820$191,199$173,500
7 years$205,496$191,700$178,801$166,749$155,496$138,551
8 years$177,994$164,322$151,638$139,882$128,999$112,806
9 years$156,614$143,072$130,605$119,148$108,636$93,187
10 years$139,521$126,111$113,865$102,707$92,563$77,848
11 years$125,544$112,269$100,245$89,386$79,607$65,611
12 years$113,906$100,767$88,965$78,403$68,986$55,692
13 years$104,065$91,064$79,484$69,218$60,157$47,548
14 years$95,638$82,775$71,417$61,444$52,733$40,790
15 years$88,341$75,616$64,480$54,798$46,431$35,133
16 years$81,962$69,376$58,460$49,065$41,036$30,361
17 years$76,340$63,893$53,197$44,085$36,385$26,313
18 years$71,347$59,040$48,562$39,729$32,352$22,859
19 years$66,886$54,718$44,456$35,899$28,836$19,900
20 years$62,876$50,846$40,799$32,513$25,757$17,354
21 years$59,252$47,361$37,528$29,508$23,049$15,158
22 years$55,962$44,210$34,587$26,829$20,660$13,256
23 years$52,963$41,349$31,935$24,434$18,546$11,607
24 years$50,218$38,741$29,535$22,285$16,670$10,173
25 years$47,696$36,357$27,355$20,352$15,000$8,924
26 years$45,372$34,169$25,371$18,609$13,512$7,834
27 years$43,224$32,157$23,559$17,033$12,182$6,881
28 years$41,232$30,302$21,901$15,606$10,992$6,048
29 years$39,382$28,586$20,381$14,311$9,925$5,319
30 years$37,658$26,997$18,984$13,134$8,968$4,679
31 years$36,048$25,521$17,698$12,063$8,108$4,118
32 years$34,543$24,148$16,513$11,086$7,334$3,626
33 years$33,131$22,868$15,418$10,194$6,638$3,193
34 years$31,805$21,674$14,406$9,380$6,010$2,813
35 years$30,558$20,557$13,468$8,635$5,443$2,478
36 years$29,382$19,512$12,599$7,952$4,932$2,184
37 years$28,273$18,532$11,793$7,327$4,470$1,925
38 years$27,225$17,612$11,043$6,753$4,052$1,697
39 years$26,233$16,747$10,346$6,227$3,675$1,497
40 years$25,292$15,934$9,698$5,743$3,333$1,320
41 years$24,400$15,167$9,093$5,299$3,024$1,164
42 years$23,553$14,445$8,530$4,890$2,744$1,026
43 years$22,748$13,763$8,004$4,514$2,490$905
44 years$21,981$13,119$7,513$4,168$2,260$799
45 years$21,250$12,510$7,055$3,850$2,052$705
46 years$20,553$11,934$6,626$3,556$1,863$622
47 years$19,888$11,389$6,225$3,285$1,692$548
48 years$19,252$10,872$5,850$3,036$1,536$484
49 years$18,644$10,382$5,498$2,805$1,395$427
50 years$18,062$9,918$5,169$2,593$1,267$377

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 $6,905 every year, while hoping to spend $59,659 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: 51/37/12 Blend
39$18,500,000$18,500,000$18,500,000$18,500,000
40$20,394,123$19,413,623$19,126,873$21,368,500
41$22,410,846$20,301,413$19,704,146$22,923,348
42$24,631,276$21,230,706$20,298,759$24,605,852
43$27,076,128$22,203,472$20,911,228$26,433,579
44$29,768,227$23,221,776$21,542,088$28,420,224
45$32,732,725$24,287,782$22,191,888$30,580,831
46$35,997,339$25,403,760$22,861,192$32,931,928
47$39,592,608$26,572,085$23,550,582$35,491,675
48$43,552,186$27,795,249$24,260,659$38,280,026
49$47,913,157$29,075,864$24,992,039$41,318,914
50$52,716,385$30,416,667$25,745,358$44,632,447
51$58,006,898$31,820,526$26,521,269$48,247,125
52$63,834,317$33,290,447$27,320,447$52,192,088
53$70,253,321$34,829,582$28,143,585$56,499,375
54$77,324,162$36,441,233$28,991,398$61,204,220
55$85,113,236$38,128,863$29,864,619$66,345,374
56$93,693,709$39,896,101$30,764,007$71,965,461
57$103,146,206$41,746,748$31,690,340$78,111,365
58$113,559,573$43,684,794$32,644,421$84,834,668
59$125,031,717$45,714,416$33,627,076$92,192,120
60$137,670,525$47,839,995$34,639,156$100,246,161
61$151,594,886$50,066,123$35,681,536$109,065,501
62$166,935,815$52,397,613$36,755,117$118,725,752
63$183,837,683$54,839,511$37,860,829$129,310,129
64$202,459,586$57,397,106$38,999,626$140,910,217
65$222,976,843$60,075,943$40,172,492$153,626,824
66$245,582,650$62,881,834$41,380,440$167,570,912
67$270,489,908$65,820,872$42,624,512$182,864,630
68$297,933,228$68,899,444$43,905,783$199,642,446
69$328,171,147$72,124,246$45,225,357$218,052,400
70$361,488,569$75,502,299$46,584,371$238,257,480
71$398,199,453$79,040,962$47,983,997$260,437,138
72$438,649,778$82,747,949$49,425,441$284,788,966
73$483,220,805$86,631,349$50,909,944$311,530,535
74$532,332,683$90,699,641$52,438,783$340,901,426
75$586,448,408$94,961,715$54,013,273$373,165,465
76$646,078,198$99,426,891$55,634,770$408,613,192
77$711,784,306$104,104,940$57,304,667$447,564,570
78$784,186,330$109,006,107$59,024,398$490,371,980
79$863,967,061$114,141,132$60,795,441$537,423,515
80$951,878,930$119,521,275$62,619,316$589,146,618
81$1,048,751,106$125,158,344$64,497,589$646,012,074
82$1,155,497,331$131,064,715$66,431,870$708,538,430
83$1,273,124,540$137,253,367$68,423,819$777,296,845
84$1,402,742,368$143,737,907$70,475,142$852,916,452
85$1,545,573,628$150,532,602$72,587,597$936,090,251
86$1,702,965,849$157,652,410$74,762,992$1,027,581,612
87$1,876,404,003$165,113,016$77,003,191$1,128,231,436
88$2,067,524,522$172,930,865$79,310,108$1,238,966,053
89$2,278,130,744$181,123,198$81,685,718$1,360,805,913
90$2,510,209,941$189,708,095$84,132,050$1,494,875,170
91$2,765,952,076$198,704,513$86,651,194$1,642,412,247
92$3,047,770,481$208,132,328$89,245,303$1,804,781,466
93$3,358,324,640$218,012,382$91,916,591$1,983,485,873
94$3,700,545,292$228,366,527$94,667,335$2,180,181,370
95$4,077,662,104$239,217,680$97,499,884$2,396,692,279
96$4,493,234,159$250,589,866$100,416,650$2,635,028,501
97$4,951,183,555$262,508,281$103,420,119$2,897,404,421
98$5,455,832,434$274,999,343$106,512,849$3,186,259,743
99$6,011,943,785$288,090,754$109,697,473$3,504,282,439
100$6,624,766,412$301,811,562$112,976,699$3,854,434,055