Can I retire at age 40 with 18,200,000?

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 $18,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$1,502,939$1,489,552$1,476,490$1,463,742$1,451,294$1,412,771
2 years$744,029$730,172$716,743$703,722$691,092$652,550
3 years$491,092$477,176$463,780$450,882$438,457$401,102
4 years$364,649$350,775$337,513$324,835$312,711$276,830
5 years$288,802$275,012$261,924$249,504$237,718$203,409
6 years$238,255$224,568$211,674$199,531$188,098$155,396
7 years$202,163$188,592$175,902$164,045$152,974$121,879
8 years$175,107$161,658$149,179$137,613$126,907$97,405
9 years$154,074$140,752$128,487$117,216$106,874$78,938
10 years$137,258$124,066$112,018$101,041$91,062$64,657
11 years$123,508$110,449$98,619$87,936$78,316$53,401
12 years$112,059$99,133$87,522$77,132$67,867$44,398
13 years$102,378$89,587$78,195$68,096$59,182$37,109
14 years$94,087$81,432$70,259$60,448$51,878$31,150
15 years$86,908$74,390$63,434$53,909$45,678$26,242
16 years$80,633$68,251$57,512$48,270$40,370$22,172
17 years$75,102$62,857$52,334$43,370$35,795$18,779
18 years$70,190$58,083$47,774$39,085$31,827$15,937
19 years$65,801$53,830$43,735$35,317$28,368$13,549
20 years$61,856$50,022$40,138$31,986$25,339$11,535
21 years$58,291$46,593$36,919$29,029$22,676$9,832
22 years$55,055$43,493$34,027$26,394$20,325$8,390
23 years$52,104$40,678$31,417$24,038$18,245$7,165
24 years$49,403$38,113$29,056$21,924$16,399$6,123
25 years$46,922$35,767$26,912$20,022$14,757$5,237
26 years$44,636$33,615$24,959$18,307$13,292$4,481
27 years$42,523$31,636$23,177$16,757$11,984$3,836
28 years$40,564$29,810$21,546$15,353$10,814$3,285
29 years$38,743$28,123$20,050$14,079$9,764$2,814
30 years$37,047$26,559$18,676$12,921$8,823$2,411
31 years$35,464$25,107$17,411$11,867$7,977$2,067
32 years$33,982$23,756$16,245$10,906$7,215$1,772
33 years$32,594$22,498$15,168$10,029$6,530$1,519
34 years$31,289$21,323$14,172$9,228$5,912$1,303
35 years$30,062$20,224$13,250$8,494$5,355$1,117
36 years$28,906$19,196$12,395$7,823$4,852$959
37 years$27,815$18,231$11,601$7,208$4,397$822
38 years$26,783$17,326$10,864$6,644$3,987$705
39 years$25,807$16,476$10,179$6,126$3,615$605
40 years$24,882$15,675$9,540$5,650$3,279$519
41 years$24,005$14,921$8,946$5,213$2,975$446
42 years$23,171$14,211$8,392$4,811$2,699$382
43 years$22,379$13,540$7,874$4,441$2,450$328
44 years$21,624$12,906$7,391$4,101$2,224$282
45 years$20,905$12,307$6,940$3,787$2,019$242
46 years$20,220$11,741$6,518$3,498$1,833$207
47 years$19,565$11,204$6,124$3,232$1,664$178
48 years$18,940$10,696$5,755$2,986$1,511$153
49 years$18,342$10,214$5,409$2,760$1,373$131
50 years$17,770$9,757$5,085$2,551$1,247$113

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $18,200,000, adding $6,377 every year, while hoping to spend $32,300 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: 79/15/6 Blend
39$18,200,000$18,200,000$18,200,000$18,200,000
40$20,062,978$19,098,378$18,816,278$21,637,763
41$22,075,035$19,999,831$19,412,256$23,571,902
42$24,291,239$20,944,374$20,027,117$25,688,134
43$26,732,379$21,934,082$20,661,460$28,008,508
44$29,421,364$22,971,134$21,315,900$30,553,350
45$32,383,436$24,057,813$21,991,077$33,345,035
46$35,646,415$25,196,514$22,687,646$36,408,198
47$39,240,954$26,389,748$23,406,287$39,769,963
48$43,200,831$27,640,146$24,147,698$43,460,196
49$47,563,271$28,950,468$24,912,601$47,511,781
50$52,369,293$30,323,609$25,701,741$51,960,930
51$57,664,097$31,762,602$26,515,886$56,847,520
52$63,497,496$33,270,630$27,355,828$62,215,466
53$69,924,378$34,851,029$28,222,386$68,113,129
54$77,005,232$36,507,296$29,116,403$74,593,772
55$84,806,712$38,243,101$30,038,750$81,716,054
56$93,402,273$40,062,289$30,990,324$89,544,584
57$102,872,857$41,968,893$31,972,051$98,150,521
58$113,307,662$43,967,142$32,984,889$107,612,244
59$124,804,983$46,061,472$34,029,822$118,016,086
60$137,473,139$48,256,532$35,107,869$129,457,142
61$151,431,496$50,557,198$36,220,079$142,040,161
62$166,811,592$52,968,585$37,367,535$155,880,532
63$183,758,381$55,496,052$38,551,355$171,105,360
64$202,431,601$58,145,224$39,772,690$187,854,667
65$223,007,281$60,921,996$41,032,732$206,282,701
66$245,679,400$63,832,551$42,332,705$226,559,387
67$270,661,726$66,883,372$43,673,877$248,871,924
68$298,189,824$70,081,260$45,057,554$273,426,543
69$328,523,286$73,433,342$46,485,083$300,450,445
70$361,948,183$76,947,097$47,957,854$330,193,939
71$398,779,757$80,630,365$49,477,302$362,932,794
72$439,365,407$84,491,367$51,044,907$398,970,832
73$484,087,963$88,538,728$52,662,195$438,642,789
74$533,369,298$92,781,489$54,330,742$482,317,461
75$587,674,317$97,229,132$56,052,172$530,401,178
76$647,515,340$101,891,603$57,828,163$583,341,625
77$713,456,943$106,779,329$59,660,444$641,632,057
78$786,121,282$111,903,247$61,550,800$705,815,945
79$866,193,974$117,274,827$63,501,073$776,492,090
80$954,430,562$122,906,097$65,513,162$854,320,265
81$1,051,663,654$128,809,670$67,589,027$940,027,428
82$1,158,810,778$134,998,775$69,730,691$1,034,414,568
83$1,276,883,047$141,487,286$71,940,239$1,138,364,253
84$1,406,994,706$148,289,751$74,219,825$1,252,848,944
85$1,550,373,646$155,421,428$76,571,669$1,378,940,159
86$1,708,373,001$162,898,321$78,998,063$1,517,818,567
87$1,882,483,918$170,737,210$81,501,370$1,670,785,122
88$2,074,349,641$178,955,697$84,084,029$1,839,273,318
89$2,285,781,017$187,572,238$86,748,556$2,024,862,704
90$2,518,773,596$196,606,193$89,497,548$2,229,293,773
91$2,775,526,470$206,077,864$92,333,683$2,454,484,371
92$3,058,463,034$216,008,543$95,259,725$2,702,547,780
93$3,370,253,861$226,420,560$98,278,524$2,975,812,639
94$3,713,841,923$237,337,335$101,393,023$3,276,844,907
95$4,092,470,365$248,783,431$104,606,255$3,608,472,055
96$4,509,713,131$260,784,607$107,921,353$3,973,809,736
97$4,969,508,698$273,367,880$111,341,546$4,376,291,161
98$5,476,197,265$286,561,586$114,870,167$4,819,699,486
99$6,034,561,724$300,395,442$118,510,656$5,308,203,491
100$6,649,872,817$314,900,616$122,266,560$5,846,396,904