Can I retire at age 40 with 18,900,000?

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 $18,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$1,560,744$1,546,842$1,533,278$1,520,040$1,507,113$1,484,591
2 years$772,646$758,256$744,310$730,788$717,673$695,033
3 years$509,981$495,529$481,618$468,223$455,321$433,268
4 years$378,674$364,266$350,494$337,328$324,739$303,442
5 years$299,910$285,589$271,998$259,101$246,861$226,383
6 years$247,418$233,205$219,815$207,205$195,333$175,696
7 years$209,939$195,845$182,667$170,354$158,858$140,070
8 years$181,842$167,875$154,916$142,906$131,788$113,846
9 years$160,000$146,166$133,429$121,724$110,985$93,879
10 years$142,537$128,838$116,327$104,928$94,564$78,282
11 years$128,259$114,697$102,412$91,318$81,329$65,854
12 years$116,368$102,946$90,888$80,099$70,478$55,791
13 years$106,315$93,033$81,203$70,715$61,458$47,539
14 years$97,706$84,564$72,961$62,773$53,874$40,701
15 years$90,251$77,251$65,874$55,982$47,435$34,984
16 years$83,734$70,876$59,724$50,126$41,923$30,170
17 years$77,990$65,274$54,347$45,038$37,172$26,091
18 years$72,890$60,317$49,612$40,588$33,051$22,618
19 years$68,332$55,901$45,417$36,675$29,459$19,646
20 years$64,235$51,946$41,681$33,216$26,314$17,095
21 years$60,533$48,385$38,339$30,146$23,548$14,898
22 years$57,172$45,166$35,335$27,409$21,107$12,999
23 years$54,108$42,243$32,626$24,962$18,947$11,356
24 years$51,303$39,579$30,173$22,767$17,030$9,929
25 years$48,727$37,143$27,947$20,792$15,324$8,689
26 years$46,353$34,908$25,919$19,011$13,804$7,610
27 years$44,158$32,853$24,068$17,402$12,445$6,669
28 years$42,124$30,957$22,374$15,944$11,230$5,847
29 years$40,233$29,204$20,821$14,621$10,140$5,129
30 years$38,472$27,580$19,394$13,418$9,162$4,502
31 years$36,828$26,073$18,081$12,323$8,283$3,952
32 years$35,289$24,670$16,870$11,326$7,493$3,471
33 years$33,847$23,363$15,751$10,415$6,781$3,049
34 years$32,493$22,143$14,717$9,582$6,140$2,679
35 years$31,218$21,002$13,759$8,821$5,561$2,355
36 years$30,018$19,934$12,872$8,124$5,038$2,070
37 years$28,884$18,933$12,048$7,485$4,566$1,820
38 years$27,813$17,993$11,282$6,899$4,140$1,600
39 years$26,800$17,109$10,570$6,362$3,754$1,407
40 years$25,839$16,278$9,907$5,868$3,405$1,238
41 years$24,928$15,495$9,290$5,414$3,089$1,089
42 years$24,062$14,757$8,714$4,996$2,803$958
43 years$23,239$14,061$8,177$4,612$2,544$843
44 years$22,456$13,403$7,676$4,258$2,309$741
45 years$21,709$12,781$7,207$3,933$2,096$652
46 years$20,997$12,192$6,769$3,633$1,903$574
47 years$20,318$11,635$6,360$3,356$1,728$505
48 years$19,668$11,107$5,976$3,101$1,570$445
49 years$19,047$10,607$5,617$2,866$1,426$391
50 years$18,453$10,132$5,281$2,649$1,295$344

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $18,900,000, adding $5,904 every year, while hoping to spend $53,692 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: 32/48/20 Blend
39$18,900,000$18,900,000$18,900,000$18,900,000
40$20,833,890$19,832,190$19,539,240$21,371,145
41$22,901,819$20,746,839$20,136,677$22,688,388
42$25,178,877$21,704,507$20,752,328$24,100,943
43$27,686,339$22,707,244$21,386,747$25,621,324
44$30,447,647$23,757,201$22,040,505$27,258,998
45$33,488,634$24,856,631$22,714,189$29,024,331
46$36,837,764$26,007,895$23,408,403$30,928,675
47$40,526,404$27,213,470$24,123,773$32,984,467
48$44,589,118$28,475,951$24,860,940$35,205,335
49$49,063,992$29,798,057$25,620,566$37,606,217
50$53,992,998$31,182,640$26,403,334$40,203,490
51$59,422,383$32,632,689$27,209,945$43,015,113
52$65,403,112$34,151,336$28,041,124$46,060,786
53$71,991,344$35,741,866$28,897,616$49,362,119
54$79,248,965$37,407,721$29,780,189$52,942,830
55$87,244,169$39,152,510$30,689,636$56,828,947
56$96,052,107$40,980,015$31,626,771$61,049,044
57$105,755,589$42,894,203$32,592,435$65,634,495
58$116,445,870$44,899,230$33,587,493$70,619,751
59$128,223,512$46,999,455$34,612,836$76,042,654
60$141,199,327$49,199,446$35,669,384$81,944,771
61$155,495,432$51,503,992$36,758,082$88,371,772
62$171,246,394$53,918,115$37,879,905$95,373,842
63$188,600,502$56,447,079$39,035,858$103,006,130
64$207,721,168$59,096,401$40,226,974$111,329,257
65$228,788,471$61,871,868$41,454,321$120,409,857
66$252,000,850$64,779,545$42,718,996$130,321,190
67$277,576,984$67,825,790$44,022,130$141,143,807
68$305,757,854$71,017,271$45,364,889$152,966,285
69$336,809,015$74,360,977$46,748,472$165,886,037
70$371,023,106$77,864,236$48,174,117$180,010,206
71$408,722,610$81,534,731$49,643,098$195,456,643
72$450,262,902$85,380,518$51,156,727$212,354,996
73$496,035,596$89,410,042$52,716,356$230,847,896
74$546,472,250$93,632,158$54,323,377$251,092,274
75$602,048,436$98,056,149$55,979,226$273,260,807
76$663,288,226$102,691,751$57,685,381$297,543,511
77$730,769,148$107,549,169$59,443,363$324,149,500
78$805,127,627$112,639,104$61,254,742$353,308,916
79$887,065,001$117,972,777$63,121,132$385,275,062
80$977,354,141$123,561,952$65,044,199$420,326,751
81$1,076,846,740$129,418,965$67,025,657$458,770,891
82$1,186,481,363$135,556,750$69,067,272$500,945,335
83$1,307,292,299$141,988,868$71,170,863$547,222,019
84$1,440,419,331$148,729,539$73,338,304$598,010,425
85$1,587,118,491$155,793,675$75,571,525$653,761,386
86$1,748,773,922$163,196,910$77,872,516$714,971,292
87$1,926,910,941$170,955,637$80,243,324$782,186,707
88$2,123,210,441$179,087,048$82,686,060$856,009,476
89$2,339,524,760$187,609,167$85,202,897$937,102,331
90$2,577,895,165$196,540,896$87,796,074$1,026,195,086
91$2,840,571,127$205,902,055$90,467,897$1,124,091,450
92$3,130,031,552$215,713,426$93,220,742$1,231,676,542
93$3,449,008,189$225,996,802$96,057,055$1,349,925,165
94$3,800,511,415$236,775,037$98,979,358$1,479,910,927
95$4,187,858,659$248,072,093$101,990,246$1,622,816,289
96$4,614,705,717$259,913,100$105,092,394$1,779,943,637
97$5,085,081,267$272,324,409$108,288,556$1,952,727,483
98$5,603,424,903$285,333,652$111,581,570$2,142,747,905
99$6,174,629,049$298,969,807$114,974,358$2,351,745,364
100$6,804,085,144$313,263,260$118,469,931$2,581,637,019