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

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 $18,000,000?

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$1,486,423$1,473,183$1,460,265$1,447,657$1,435,345$1,415,649
2 years$735,853$722,148$708,867$695,989$683,498$663,689
3 years$485,696$471,932$458,684$445,927$433,639$414,334
4 years$360,642$346,920$333,804$321,265$309,275$290,622
5 years$285,629$271,990$259,046$246,762$235,106$217,159
6 years$235,636$222,100$209,347$197,338$186,031$168,811
7 years$199,942$186,519$173,969$162,242$151,293$134,807
8 years$173,183$159,881$147,539$136,101$125,512$109,757
9 years$152,381$139,205$127,076$115,928$105,700$90,669
10 years$135,750$122,703$110,787$99,931$90,061$75,744
11 years$122,151$109,235$97,535$86,970$77,456$63,838
12 years$110,827$98,044$86,560$76,284$67,122$54,187
13 years$101,253$88,603$77,336$67,348$58,531$46,263
14 years$93,053$80,537$69,487$59,784$51,308$39,688
15 years$85,953$73,572$62,737$53,317$45,176$34,183
16 years$79,747$67,501$56,880$47,739$39,926$29,541
17 years$74,276$62,166$51,759$42,893$35,402$25,602
18 years$69,419$57,444$47,249$38,655$31,477$22,241
19 years$65,078$53,239$43,254$34,929$28,057$19,362
20 years$61,176$49,472$39,697$31,634$25,061$16,885
21 years$57,651$46,081$36,513$28,710$22,426$14,748
22 years$54,450$43,015$33,653$26,104$20,102$12,898
23 years$51,531$40,231$31,072$23,774$18,045$11,293
24 years$48,860$37,694$28,737$21,683$16,219$9,898
25 years$46,407$35,374$26,616$19,802$14,595$8,682
26 years$44,146$33,246$24,685$18,106$13,146$7,622
27 years$42,055$31,288$22,922$16,573$11,853$6,695
28 years$40,118$29,483$21,309$15,184$10,695$5,885
29 years$38,318$27,814$19,830$13,924$9,657$5,175
30 years$36,640$26,267$18,471$12,779$8,726$4,553
31 years$35,074$24,831$17,220$11,737$7,889$4,007
32 years$33,609$23,495$16,066$10,786$7,136$3,528
33 years$32,235$22,250$15,001$9,919$6,458$3,107
34 years$30,945$21,088$14,016$9,126$5,847$2,737
35 years$29,732$20,002$13,104$8,401$5,296$2,412
36 years$28,588$18,985$12,259$7,737$4,798$2,125
37 years$27,509$18,031$11,474$7,129$4,349$1,873
38 years$26,489$17,136$10,745$6,571$3,943$1,651
39 years$25,524$16,295$10,067$6,059$3,575$1,456
40 years$24,609$15,503$9,436$5,588$3,243$1,284
41 years$23,741$14,757$8,848$5,156$2,942$1,132
42 years$22,917$14,054$8,299$4,758$2,670$999
43 years$22,133$13,391$7,788$4,392$2,423$881
44 years$21,387$12,764$7,310$4,056$2,199$777
45 years$20,676$12,172$6,864$3,745$1,997$686
46 years$19,997$11,612$6,447$3,460$1,813$605
47 years$19,350$11,081$6,057$3,196$1,646$534
48 years$18,732$10,578$5,692$2,954$1,495$471
49 years$18,140$10,102$5,350$2,730$1,358$415
50 years$17,574$9,650$5,030$2,523$1,233$367

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $18,000,000, adding $3,390 every year, while hoping to spend $26,058 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: 28/46/26 Blend
39$18,000,000$18,000,000$18,000,000$18,000,000
40$19,839,497$18,885,497$18,606,497$20,234,225
41$21,835,400$19,783,161$19,202,089$21,445,149
42$24,034,012$20,723,937$19,816,760$22,742,735
43$26,455,981$21,709,910$20,451,122$24,136,343
44$29,124,062$22,743,266$21,105,805$25,634,217
45$32,063,329$23,826,299$21,781,462$27,245,377
46$35,301,413$24,961,411$22,478,765$28,979,689
47$38,868,761$26,151,125$23,198,408$30,847,950
48$42,798,926$27,398,082$23,941,106$32,861,982
49$47,128,884$28,705,055$24,707,600$35,034,730
50$51,899,378$30,074,950$25,498,653$37,380,373
51$57,155,307$31,510,815$26,315,050$39,914,449
52$62,946,151$33,015,847$27,157,607$42,653,984
53$69,326,432$34,593,398$28,027,160$45,617,646
54$76,356,234$36,246,981$28,924,577$48,825,902
55$84,101,770$37,980,282$29,850,749$52,301,202
56$92,636,001$39,797,167$30,806,601$56,068,172
57$102,039,334$41,701,689$31,793,083$60,153,833
58$112,400,372$43,698,098$32,811,177$64,587,840
59$123,816,757$45,790,851$33,861,898$69,402,744
60$136,396,086$47,984,623$34,946,292$74,634,284
61$150,256,933$50,284,315$36,065,438$80,321,700
62$165,529,961$52,695,069$37,220,452$86,508,092
63$182,359,164$55,222,274$38,412,484$93,240,799
64$200,903,218$57,871,584$39,642,721$100,571,831
65$221,336,983$60,648,928$40,912,389$108,558,332
66$243,853,153$63,560,524$42,222,752$117,263,100
67$268,664,076$66,612,891$43,575,116$126,755,155
68$296,003,758$69,812,868$44,970,828$137,110,363
69$326,130,069$73,167,627$46,411,278$148,412,127
70$359,327,182$76,684,687$47,897,903$160,752,146
71$395,908,255$80,371,937$49,432,182$174,231,252
72$436,218,382$84,237,647$51,015,646$188,960,329
73$480,637,858$88,290,493$52,649,871$205,061,333
74$529,585,765$92,539,572$54,336,487$222,668,401
75$583,523,927$96,994,426$56,077,174$241,929,090
76$642,961,276$101,665,060$57,873,667$263,005,732
77$708,458,648$106,561,970$59,727,756$286,076,923
78$780,634,084$111,696,161$61,641,290$311,339,174
79$860,168,663$117,079,175$63,616,177$339,008,720
80$947,812,932$122,723,120$65,654,384$369,323,520
81$1,044,393,989$128,640,690$67,757,943$402,545,458
82$1,150,823,293$134,845,202$69,928,952$438,962,762
83$1,268,105,272$141,350,620$72,169,575$478,892,678
84$1,397,346,800$148,171,590$74,482,046$522,684,411
85$1,539,767,650$155,323,474$76,868,670$570,722,366
86$1,696,712,008$162,822,382$79,331,828$623,429,720
87$1,869,661,164$170,685,210$81,873,976$681,272,352
88$2,060,247,496$178,929,679$84,497,648$744,763,182
89$2,270,269,883$187,574,376$87,205,461$814,466,942
90$2,501,710,683$196,638,793$90,000,116$891,005,442
91$2,756,754,453$206,143,374$92,884,401$975,063,363
92$3,037,808,570$216,109,562$95,861,191$1,067,394,645
93$3,347,525,960$226,559,845$98,933,456$1,168,829,525
94$3,688,830,142$237,517,812$102,104,260$1,280,282,290
95$4,064,942,831$249,008,199$105,376,768$1,402,759,819
96$4,479,414,353$261,056,955$108,754,243$1,537,370,998
97$4,936,157,162$273,691,290$112,240,055$1,685,337,092
98$5,439,482,778$286,939,749$115,837,682$1,848,003,170
99$5,994,142,490$300,832,265$119,550,714$2,026,850,700
100$6,605,372,216$315,400,238$123,382,854$2,223,511,424