Can I retire at age 40 with 18,600,000?

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 $18,600,000?

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 years$1,535,971$1,522,289$1,508,941$1,495,912$1,483,190$1,435,138
2 years$760,381$746,220$732,495$719,188$706,281$658,320
3 years$501,886$487,663$473,973$460,791$448,094$401,729
4 years$372,663$358,484$344,931$331,974$319,584$275,171
5 years$295,150$281,056$267,681$254,988$242,943$200,600
6 years$243,491$229,503$216,326$203,916$192,232$151,996
7 years$206,606$192,736$179,768$167,650$156,336$118,201
8 years$178,956$165,211$152,457$140,638$129,696$93,635
9 years$157,461$143,846$131,311$119,792$109,223$75,194
10 years$140,275$126,793$114,480$103,262$93,063$61,014
11 years$126,223$112,876$100,787$89,869$80,038$49,909
12 years$114,521$101,312$89,446$78,827$69,359$41,085
13 years$104,628$91,556$79,914$69,593$60,482$33,993
14 years$96,155$83,222$71,803$61,776$53,018$28,241
15 years$88,818$76,025$64,828$55,094$46,682$23,540
16 years$82,405$69,751$58,776$49,330$41,257$19,676
17 years$76,752$64,238$53,484$44,323$36,582$16,483
18 years$71,733$59,359$48,824$39,944$32,527$13,834
19 years$67,248$55,013$44,696$36,093$28,992$11,629
20 years$63,216$51,121$41,020$32,689$25,896$9,788
21 years$59,572$47,617$37,730$29,667$23,174$8,247
22 years$56,265$44,449$34,774$26,974$20,772$6,955
23 years$53,249$41,572$32,108$24,566$18,646$5,870
24 years$50,489$38,951$29,694$22,406$16,760$4,957
25 years$47,954$36,553$27,503$20,462$15,081$4,189
26 years$45,617$34,354$25,508$18,710$13,585$3,541
27 years$43,457$32,331$23,686$17,125$12,248$2,995
28 years$41,455$30,466$22,019$15,690$11,051$2,533
29 years$39,595$28,741$20,491$14,388$9,979$2,144
30 years$37,862$27,143$19,086$13,205$9,017$1,814
31 years$36,243$25,659$17,794$12,128$8,152$1,536
32 years$34,729$24,278$16,602$11,146$7,374$1,301
33 years$33,310$22,992$15,501$10,249$6,673$1,101
34 years$31,977$21,791$14,483$9,430$6,042$933
35 years$30,723$20,669$13,541$8,681$5,473$790
36 years$29,541$19,618$12,667$7,995$4,958$669
37 years$28,426$18,632$11,856$7,366$4,494$567
38 years$27,372$17,707$11,103$6,790$4,074$480
39 years$26,374$16,838$10,402$6,261$3,695$407
40 years$25,429$16,020$9,750$5,774$3,351$345
41 years$24,532$15,249$9,142$5,328$3,040$292
42 years$23,681$14,523$8,576$4,917$2,759$247
43 years$22,871$13,837$8,047$4,539$2,504$210
44 years$22,099$13,190$7,554$4,191$2,273$178
45 years$21,365$12,578$7,093$3,870$2,063$151
46 years$20,664$11,999$6,662$3,575$1,873$128
47 years$19,995$11,450$6,259$3,303$1,701$108
48 years$19,356$10,931$5,881$3,052$1,545$92
49 years$18,745$10,439$5,528$2,821$1,403$78
50 years$18,160$9,971$5,197$2,607$1,274$66

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $18,600,000, adding $4,163 every year, while hoping to spend $20,532 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: 22/48/30 Blend
39$18,600,000$18,600,000$18,600,000$18,600,000
40$20,501,494$19,515,694$19,227,394$20,758,138
41$22,570,801$20,450,117$19,849,666$21,924,720
42$24,850,488$21,429,639$20,492,096$23,169,841
43$27,361,994$22,456,447$21,155,337$24,501,426
44$30,128,942$23,532,837$21,840,065$25,926,570
45$33,177,362$24,661,215$22,546,976$27,453,010
46$36,535,943$25,844,104$23,276,789$29,089,195
47$40,236,295$27,084,151$24,030,248$30,844,352
48$44,313,255$28,384,132$24,808,118$32,728,561
49$48,805,209$29,746,957$25,611,192$34,752,841
50$53,754,460$31,175,678$26,440,288$36,929,237
51$59,207,626$32,673,497$27,296,248$39,270,926
52$65,216,076$34,243,770$28,179,944$41,792,322
53$71,836,420$35,890,019$29,092,277$44,509,200
54$79,131,041$37,615,936$30,034,174$47,438,833
55$87,168,683$39,425,393$31,006,595$50,600,133
56$96,025,102$41,322,451$32,010,529$54,013,819
57$105,783,781$43,311,369$33,047,000$57,702,592
58$116,536,714$45,396,614$34,117,062$61,691,332
59$128,385,281$47,582,870$35,221,805$66,007,313
60$141,441,198$49,875,049$36,362,355$70,680,443
61$155,827,579$52,278,306$37,539,873$75,743,523
62$171,680,091$54,798,042$38,755,557$81,232,539
63$189,148,240$57,439,925$40,010,648$87,186,972
64$208,396,778$60,209,899$41,306,422$93,650,156
65$229,607,263$63,114,197$42,644,201$100,669,656
66$252,979,768$66,159,358$44,025,346$108,297,690
67$278,734,775$69,352,237$45,451,266$116,591,603
68$307,115,252$72,700,026$46,923,413$125,614,370
69$338,388,947$76,210,267$48,443,287$135,435,167
70$372,850,919$79,890,869$50,012,436$146,129,991
71$410,826,321$83,750,130$51,632,461$157,782,346
72$452,673,469$87,796,750$53,305,012$170,483,994
73$498,787,226$92,039,854$55,031,793$184,335,791
74$549,602,730$96,489,013$56,814,565$199,448,595
75$605,599,501$101,154,267$58,655,145$215,944,279
76$667,305,966$106,046,143$60,555,409$233,956,840
77$735,304,454$111,175,683$62,517,294$253,633,616
78$810,236,686$116,554,468$64,542,801$275,136,638
79$892,809,837$122,194,647$66,633,994$298,644,111
80$983,803,214$128,108,958$68,793,006$324,352,047
81$1,084,075,608$134,310,763$71,022,038$352,476,060
82$1,194,573,407$140,814,078$73,323,364$383,253,354
83$1,316,339,528$147,633,601$75,699,330$416,944,904
84$1,450,523,261$154,784,749$78,152,359$453,837,858
85$1,598,391,124$162,283,692$80,684,953$494,248,188
86$1,761,338,816$170,147,389$83,299,695$538,523,607
87$1,940,904,393$178,393,630$85,999,253$587,046,786
88$2,138,782,793$187,041,070$88,786,381$640,238,894
89$2,356,841,834$196,109,278$91,663,921$698,563,499
90$2,597,139,848$205,618,780$94,634,809$762,530,868
91$2,861,945,114$215,591,101$97,702,076$832,702,702
92$3,153,757,273$226,048,822$100,868,853$909,697,355
93$3,475,330,925$237,015,625$104,138,369$994,195,576
94$3,829,701,637$248,516,349$107,513,963$1,086,946,853
95$4,220,214,602$260,577,047$110,999,078$1,188,776,378
96$4,650,556,216$273,225,047$114,597,272$1,300,592,745
97$5,124,788,885$286,489,010$118,312,216$1,423,396,415
98$5,647,389,379$300,398,999$122,147,703$1,558,289,048
99$6,223,291,093$314,986,546$126,107,648$1,706,483,788
100$6,857,930,622$330,284,726$130,196,092$1,869,316,590