Can I retire at age 40 with 18,100,000?

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 $18,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,402,176
2 years$739,941$726,160$712,805$699,855$687,295$646,164
3 years$488,394$474,554$461,232$448,404$436,048$396,218
4 years$362,645$348,847$335,659$323,050$310,993$272,770
5 years$287,216$273,501$260,485$248,133$236,412$199,900
6 years$236,946$223,334$210,510$198,434$187,065$152,297
7 years$201,052$187,555$174,935$163,144$152,134$119,111
8 years$174,145$160,770$148,359$136,857$126,210$94,913
9 years$153,228$139,979$127,782$116,572$106,287$76,686
10 years$136,504$123,384$111,403$100,486$90,562$62,616
11 years$122,830$109,842$98,077$87,453$77,886$51,551
12 years$111,443$98,588$87,041$76,708$67,494$42,718
13 years$101,815$89,095$77,765$67,722$58,856$35,585
14 years$93,570$80,985$69,873$60,116$51,593$29,769
15 years$86,431$73,981$63,086$53,613$45,427$24,990
16 years$80,190$67,876$57,196$48,004$40,148$21,038
17 years$74,689$62,512$52,046$43,132$35,598$17,754
18 years$69,805$57,763$47,512$38,870$31,652$15,012
19 years$65,440$53,535$43,495$35,123$28,212$12,714
20 years$61,516$49,747$39,917$31,810$25,200$10,783
21 years$57,971$46,337$36,716$28,870$22,551$9,156
22 years$54,752$43,254$33,840$26,249$20,214$7,782
23 years$51,818$40,455$31,245$23,906$18,145$6,620
24 years$49,132$37,903$28,896$21,803$16,309$5,636
25 years$46,665$35,571$26,764$19,912$14,676$4,800
26 years$44,391$33,431$24,822$18,207$13,219$4,091
27 years$42,289$31,462$23,049$16,665$11,918$3,488
28 years$40,341$29,647$21,427$15,269$10,754$2,975
29 years$38,530$27,968$19,940$14,002$9,711$2,538
30 years$36,844$26,413$18,573$12,850$8,774$2,166
31 years$35,269$24,969$17,315$11,802$7,933$1,849
32 years$33,796$23,626$16,156$10,846$7,176$1,578
33 years$32,414$22,374$15,085$9,974$6,494$1,348
34 years$31,117$21,205$14,094$9,177$5,880$1,151
35 years$29,897$20,113$13,177$8,448$5,325$983
36 years$28,747$19,090$12,327$7,780$4,825$840
37 years$27,662$18,131$11,538$7,168$4,373$717
38 years$26,636$17,231$10,805$6,607$3,965$613
39 years$25,665$16,385$10,123$6,092$3,595$524
40 years$24,746$15,589$9,488$5,619$3,261$447
41 years$23,873$14,839$8,897$5,184$2,959$382
42 years$23,044$14,133$8,345$4,785$2,685$327
43 years$22,256$13,465$7,831$4,417$2,436$279
44 years$21,505$12,835$7,351$4,078$2,212$239
45 years$20,790$12,240$6,902$3,766$2,008$204
46 years$20,109$11,676$6,483$3,479$1,823$174
47 years$19,458$11,143$6,090$3,214$1,655$149
48 years$18,836$10,637$5,723$2,970$1,503$127
49 years$18,241$10,158$5,379$2,745$1,365$109
50 years$17,672$9,703$5,058$2,537$1,240$93

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $18,100,000, adding $4,702 every year, while hoping to spend $50,602 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: 61/11/28 Blend
39$18,100,000$18,100,000$18,100,000$18,100,000
40$19,951,050$18,991,750$18,711,200$21,017,227
41$21,932,217$19,868,506$19,284,185$22,620,505
42$24,113,767$20,786,526$19,874,669$24,363,921
43$26,516,086$21,747,781$20,483,185$26,265,954
44$29,161,637$22,754,332$21,110,282$28,342,100
45$32,075,172$23,808,343$21,756,525$30,609,413
46$35,283,969$24,912,080$22,422,497$33,086,657
47$38,818,082$26,067,921$23,108,799$35,794,486
48$42,710,631$27,278,354$23,816,050$38,755,629
49$46,998,114$28,545,992$24,544,885$41,995,106
50$51,720,746$29,873,570$25,295,964$45,540,457
51$56,922,845$31,263,958$26,069,961$49,422,001
52$62,653,246$32,720,162$26,867,575$53,673,114
53$68,965,761$34,245,334$27,689,523$58,330,541
54$75,919,693$35,842,780$28,536,546$63,434,743
55$83,580,387$37,515,962$29,409,406$69,030,268
56$92,019,854$39,268,511$30,308,889$75,166,167
57$101,317,447$41,104,235$31,235,804$81,896,457
58$111,560,608$43,027,124$32,190,985$89,280,622
59$122,845,698$45,041,362$33,175,291$97,384,167
60$135,278,903$47,151,333$34,189,607$106,279,237
61$148,977,238$49,361,635$35,234,846$116,045,285
62$164,069,650$51,677,088$36,311,947$126,769,821
63$180,698,234$54,102,746$37,421,878$138,549,227
64$199,019,579$56,643,906$38,565,636$151,489,665
65$219,206,240$59,306,121$39,744,249$165,708,069
66$241,448,371$62,095,215$40,958,775$181,333,242
67$265,955,516$65,017,292$42,210,305$198,507,065
68$292,958,592$68,078,752$43,499,963$217,385,828
69$322,712,063$71,286,306$44,828,907$238,141,697
70$355,496,346$74,646,988$46,198,328$260,964,331
71$391,620,458$78,168,174$47,609,456$286,062,664
72$431,424,928$81,857,599$49,063,557$313,666,867
73$475,285,019$85,723,369$50,561,934$344,030,511
74$523,614,264$89,773,987$52,105,932$377,432,950
75$576,868,372$94,018,366$53,696,934$414,181,953
76$635,549,531$98,465,850$55,336,366$454,616,591
77$700,211,146$103,126,241$57,025,698$499,110,430
78$771,463,067$108,009,810$58,766,442$548,075,047
79$849,977,340$113,127,331$60,560,159$601,963,899
80$936,494,559$118,490,100$62,408,454$661,276,597
81$1,031,830,848$124,109,960$64,312,981$726,563,604
82$1,136,885,576$129,999,329$66,275,447$798,431,417
83$1,252,649,836$136,171,228$68,297,607$877,548,282
84$1,380,215,813$142,639,311$70,381,270$964,650,485
85$1,520,787,083$149,417,895$72,528,300$1,060,549,288
86$1,675,689,985$156,521,990$74,740,617$1,166,138,570
87$1,846,386,134$163,967,340$77,020,199$1,282,403,247
88$2,034,486,228$171,770,447$79,369,084$1,410,428,557
89$2,241,765,246$179,948,622$81,789,371$1,551,410,281
90$2,470,179,209$188,520,012$84,283,222$1,706,666,017
91$2,721,883,644$197,503,648$86,852,865$1,877,647,595
92$2,999,253,935$206,919,486$89,500,596$2,065,954,761
93$3,304,907,747$216,788,452$92,228,777$2,273,350,263
94$3,641,729,741$227,132,490$95,039,845$2,501,776,464
95$4,012,898,803$237,974,610$97,936,307$2,753,373,657
96$4,421,918,056$249,338,941$100,920,749$3,030,500,244
97$4,872,647,936$261,250,788$103,995,833$3,335,754,979
98$5,369,342,633$273,736,683$107,164,300$3,672,001,467
99$5,916,690,253$286,824,453$110,428,976$4,042,395,179
100$6,519,857,083$300,543,275$113,792,770$4,450,413,205