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%18.1%
1 years$1,527,713$1,514,105$1,500,828$1,487,869$1,475,216$1,426,851
2 years$756,293$742,208$728,557$715,322$702,484$654,219
3 years$499,187$485,041$471,425$458,314$445,685$399,034
4 years$370,659$356,557$343,077$330,189$317,866$273,188
5 years$293,563$279,545$266,242$253,617$241,637$199,049
6 years$242,182$228,269$215,163$202,820$191,199$150,738
7 years$205,496$191,700$178,801$166,749$155,496$117,156
8 years$177,994$164,322$151,638$139,882$128,999$92,752
9 years$156,614$143,072$130,605$119,148$108,636$74,439
10 years$139,521$126,111$113,865$102,707$92,563$60,364
11 years$125,544$112,269$100,245$89,386$79,607$49,345
12 years$113,906$100,767$88,965$78,403$68,986$40,594
13 years$104,065$91,064$79,484$69,218$60,157$33,564
14 years$95,638$82,775$71,417$61,444$52,733$27,865
15 years$88,341$75,616$64,480$54,798$46,431$23,211
16 years$81,962$69,376$58,460$49,065$41,036$19,386
17 years$76,340$63,893$53,197$44,085$36,385$16,228
18 years$71,347$59,040$48,562$39,729$32,352$13,610
19 years$66,886$54,718$44,456$35,899$28,836$11,432
20 years$62,876$50,846$40,799$32,513$25,757$9,615
21 years$59,252$47,361$37,528$29,508$23,049$8,095
22 years$55,962$44,210$34,587$26,829$20,660$6,822
23 years$52,963$41,349$31,935$24,434$18,546$5,753
24 years$50,218$38,741$29,535$22,285$16,670$4,855
25 years$47,696$36,357$27,355$20,352$15,000$4,099
26 years$45,372$34,169$25,371$18,609$13,512$3,462
27 years$43,224$32,157$23,559$17,033$12,182$2,926
28 years$41,232$30,302$21,901$15,606$10,992$2,473
29 years$39,382$28,586$20,381$14,311$9,925$2,091
30 years$37,658$26,997$18,984$13,134$8,968$1,768
31 years$36,048$25,521$17,698$12,063$8,108$1,496
32 years$34,543$24,148$16,513$11,086$7,334$1,265
33 years$33,131$22,868$15,418$10,194$6,638$1,071
34 years$31,805$21,674$14,406$9,380$6,010$906
35 years$30,558$20,557$13,468$8,635$5,443$767
36 years$29,382$19,512$12,599$7,952$4,932$649
37 years$28,273$18,532$11,793$7,327$4,470$549
38 years$27,225$17,612$11,043$6,753$4,052$465
39 years$26,233$16,747$10,346$6,227$3,675$394
40 years$25,292$15,934$9,698$5,743$3,333$333
41 years$24,400$15,167$9,093$5,299$3,024$282
42 years$23,553$14,445$8,530$4,890$2,744$239
43 years$22,748$13,763$8,004$4,514$2,490$202
44 years$21,981$13,119$7,513$4,168$2,260$171
45 years$21,250$12,510$7,055$3,850$2,052$145
46 years$20,553$11,934$6,626$3,556$1,863$123
47 years$19,888$11,389$6,225$3,285$1,692$104
48 years$19,252$10,872$5,850$3,036$1,536$88
49 years$18,644$10,382$5,498$2,805$1,395$74
50 years$18,062$9,918$5,169$2,593$1,267$63

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 $6,707 every year, while hoping to spend $54,674 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: 71/12/17 Blend
39$18,500,000$18,500,000$18,500,000$18,500,000
40$20,393,918$19,413,418$19,126,668$21,760,250
41$22,415,925$20,306,503$19,709,239$23,562,552
42$24,642,344$21,241,517$20,309,493$25,527,862
43$27,093,968$22,220,456$20,927,966$27,678,111
44$29,793,708$23,245,413$21,565,208$30,031,587
45$32,766,810$24,318,582$22,221,786$32,608,419
46$36,041,094$25,442,262$22,898,285$35,430,765
47$39,647,215$26,618,862$23,595,308$38,523,020
48$43,618,954$27,850,909$24,313,473$41,912,041
49$47,993,533$29,141,049$25,053,420$45,627,398
50$52,811,970$30,492,058$25,815,806$49,701,649
51$58,119,466$31,906,843$26,601,311$54,170,646
52$63,965,827$33,388,454$27,410,630$59,073,865
53$70,405,940$34,940,087$28,244,485$64,454,778
54$77,500,286$36,565,091$29,103,615$70,361,260
55$85,315,512$38,266,978$29,988,784$76,846,033
56$93,925,063$40,049,429$30,900,777$83,967,163
57$103,409,871$41,916,302$31,840,404$91,788,600
58$113,859,118$43,871,642$32,808,498$100,380,781
59$125,371,085$45,919,688$33,805,919$109,821,285
60$138,054,069$48,064,887$34,833,552$120,195,562
61$152,027,415$50,311,897$35,892,306$131,597,736
62$167,422,635$52,665,604$36,983,122$144,131,486
63$184,384,652$55,131,127$38,106,965$157,911,016
64$203,073,170$57,713,835$39,264,832$173,062,134
65$223,664,178$60,419,357$40,457,747$189,723,424
66$246,351,610$63,253,592$41,686,768$208,047,555
67$271,349,182$66,222,726$42,952,983$228,202,712
68$298,892,402$69,333,242$44,257,511$250,374,173
69$329,240,796$72,591,941$45,601,507$274,766,059
70$362,680,361$76,005,949$46,986,161$301,603,241
71$399,526,256$79,582,739$48,412,696$331,133,466
72$440,125,786$83,330,146$49,882,373$363,629,680
73$484,861,676$87,256,383$51,396,492$399,392,595
74$534,155,683$91,370,061$52,956,391$438,753,523
75$588,472,579$95,680,211$54,563,447$482,077,491
76$648,324,539$100,196,298$56,219,079$529,766,674
77$714,275,973$104,928,247$57,924,749$582,264,187
78$786,948,857$109,886,466$59,681,962$640,058,249
79$867,028,602$115,081,864$61,492,270$703,686,786
80$955,270,526$120,525,883$63,357,267$773,742,496
81$1,052,506,984$126,230,515$65,278,600$850,878,430
82$1,159,655,225$132,208,339$67,257,962$935,814,141
83$1,277,726,052$138,472,542$69,297,098$1,029,342,470
84$1,407,833,361$145,036,948$71,397,803$1,132,337,008
85$1,551,204,663$151,916,057$73,561,928$1,245,760,334
86$1,709,192,664$159,125,070$75,791,378$1,370,673,083
87$1,883,288,044$166,679,926$78,088,117$1,508,243,942
88$2,075,133,520$174,597,339$80,454,165$1,659,760,667
89$2,286,539,363$182,894,832$82,891,604$1,826,642,222
90$2,519,500,482$191,590,783$85,402,576$2,010,452,155
91$2,776,215,260$200,704,460$87,989,291$2,212,913,337
92$3,059,106,305$210,256,067$90,654,021$2,435,924,210
93$3,370,843,325$220,266,792$93,399,108$2,681,576,686
94$3,714,368,329$230,758,849$96,226,963$2,952,175,872
95$4,092,923,401$241,755,535$99,140,068$3,250,261,809
96$4,510,081,310$253,281,279$102,140,983$3,578,633,428
97$4,969,779,237$265,361,695$105,232,339$3,940,374,946
98$5,476,355,946$278,023,644$108,416,849$4,338,884,957
99$6,034,592,745$291,295,295$111,697,306$4,777,908,490
100$6,649,758,624$305,206,185$115,076,585$5,261,572,333