Can I retire at age 40 with 18,300,000?

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 $18,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$1,511,197$1,497,736$1,484,603$1,471,784$1,459,268$1,432,148
2 years$748,117$734,184$720,681$707,589$694,889$667,668
3 years$493,791$479,798$466,328$453,359$440,866$414,392
4 years$366,652$352,702$339,368$326,620$314,430$288,906
5 years$290,389$276,523$263,363$250,875$239,024$214,524
6 years$239,564$225,802$212,837$200,627$189,132$165,682
7 years$203,274$189,628$176,868$164,946$153,815$131,422
8 years$176,069$162,546$149,998$138,369$127,604$106,263
9 years$154,921$141,526$129,193$117,860$107,461$87,158
10 years$138,012$124,748$112,634$101,597$91,562$72,279
11 years$124,187$111,056$99,161$88,419$78,747$60,461
12 years$112,674$99,678$88,003$77,556$68,240$50,926
13 years$102,940$90,079$78,625$68,470$59,507$43,137
14 years$94,604$81,880$70,645$60,780$52,163$36,709
15 years$87,386$74,799$63,783$54,205$45,929$31,358
16 years$81,076$68,626$57,828$48,535$40,592$26,873
17 years$75,514$63,202$52,621$43,608$35,992$23,092
18 years$70,576$58,402$48,037$39,300$32,002$19,887
19 years$66,163$54,126$43,975$35,511$28,524$17,161
20 years$62,196$50,297$40,358$32,162$25,478$14,832
21 years$58,611$46,849$37,122$29,189$22,800$12,838
22 years$55,357$43,732$34,214$26,539$20,437$11,125
23 years$52,390$40,902$31,590$24,170$18,346$9,651
24 years$49,675$38,322$29,216$22,044$16,489$8,379
25 years$47,180$35,964$27,059$20,132$14,838$7,281
26 years$44,881$33,800$25,096$18,408$13,365$6,331
27 years$42,756$31,810$23,304$16,849$12,050$5,508
28 years$40,787$29,974$21,664$15,437$10,873$4,794
29 years$38,956$28,277$20,160$14,156$9,818$4,175
30 years$37,251$26,705$18,779$12,992$8,871$3,637
31 years$35,659$25,245$17,507$11,932$8,020$3,169
32 years$34,169$23,887$16,334$10,966$7,255$2,763
33 years$32,773$22,621$15,251$10,084$6,566$2,409
34 years$31,461$21,440$14,250$9,278$5,945$2,101
35 years$30,227$20,335$13,323$8,541$5,384$1,832
36 years$29,065$19,301$12,463$7,866$4,878$1,598
37 years$27,967$18,332$11,665$7,248$4,421$1,395
38 years$26,930$17,422$10,924$6,680$4,008$1,217
39 years$25,949$16,566$10,235$6,160$3,635$1,062
40 years$25,019$15,761$9,593$5,681$3,297$927
41 years$24,137$15,003$8,995$5,242$2,991$809
42 years$23,299$14,289$8,438$4,838$2,714$706
43 years$22,502$13,614$7,918$4,466$2,463$617
44 years$21,743$12,977$7,432$4,123$2,236$538
45 years$21,020$12,375$6,978$3,808$2,030$470
46 years$20,331$11,805$6,554$3,517$1,843$410
47 years$19,673$11,266$6,158$3,250$1,674$358
48 years$19,044$10,755$5,786$3,003$1,520$313
49 years$18,443$10,270$5,439$2,775$1,380$273
50 years$17,867$9,810$5,113$2,565$1,254$239

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $18,300,000, adding $2,328 every year, while hoping to spend $55,595 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: 37/36/27 Blend
39$18,300,000$18,300,000$18,300,000$18,300,000
40$20,169,001$19,199,101$18,915,451$20,752,165
41$22,167,087$20,080,705$19,489,966$22,064,074
42$24,367,114$21,003,643$20,081,864$23,474,938
43$26,789,621$21,969,884$20,691,669$24,997,869
44$29,457,242$22,981,488$21,319,919$26,643,024
45$32,394,915$24,040,615$21,967,171$28,421,544
46$35,630,122$25,149,530$22,633,996$30,345,648
47$39,193,144$26,310,606$23,320,984$32,428,744
48$43,117,349$27,526,331$24,028,742$34,685,547
49$47,439,508$28,799,311$24,757,895$37,132,208
50$52,200,140$30,132,279$25,509,086$39,786,460
51$57,443,893$31,528,099$26,282,979$42,667,774
52$63,219,967$32,989,773$27,080,256$45,797,538
53$69,582,581$34,520,449$27,901,621$49,199,241
54$76,591,477$36,123,424$28,747,799$52,898,692
55$84,312,493$37,802,157$29,619,535$56,924,248
56$92,818,175$39,560,271$30,517,598$61,307,075
57$102,188,470$41,401,565$31,442,779$66,081,424
58$112,511,475$43,330,023$32,395,892$71,284,947
59$123,884,269$45,349,818$33,377,779$76,959,039
60$136,413,832$47,465,326$34,389,302$83,149,214
61$150,218,052$49,681,136$35,431,352$89,905,520
62$165,426,837$52,002,055$36,504,846$97,282,999
63$182,183,344$54,433,126$37,610,728$105,342,188
64$200,645,329$56,979,633$38,749,971$114,149,678
65$220,986,633$59,647,116$39,923,576$123,778,723
66$243,398,829$62,441,383$41,132,575$134,309,916
67$268,093,022$65,368,523$42,378,029$145,831,930
68$295,301,849$68,434,920$43,661,032$158,442,336
69$325,281,673$71,647,266$44,982,711$172,248,505
70$358,314,997$75,012,576$46,344,226$187,368,599
71$394,713,141$78,538,206$47,746,771$203,932,665
72$434,819,170$82,231,868$49,191,577$222,083,842
73$479,011,142$86,101,645$50,679,911$241,979,685
74$527,705,667$90,156,015$52,213,077$263,793,629
75$581,361,849$94,403,863$53,792,419$287,716,600
76$640,485,613$98,854,508$55,419,320$313,958,788
77$705,634,483$103,517,717$57,095,206$342,751,606
78$777,422,848$108,403,732$58,821,542$374,349,840
79$856,527,756$113,523,292$60,599,841$409,034,030
80$943,695,309$118,887,656$62,431,658$447,113,075
81$1,039,747,707$124,508,627$64,318,595$488,927,127
82$1,145,591,006$130,398,584$66,262,302$534,850,754
83$1,262,223,678$136,570,503$68,264,477$585,296,448
84$1,390,746,026$143,037,991$70,326,871$640,718,475
85$1,532,370,584$149,815,316$72,451,284$701,617,123
86$1,688,433,553$156,917,436$74,639,572$768,543,383
87$1,860,407,422$164,360,036$76,893,644$842,104,105
88$2,049,914,865$172,159,564$79,215,467$922,967,676
89$2,258,744,063$180,333,265$81,607,067$1,011,870,289
90$2,488,865,583$188,899,220$84,070,528$1,109,622,834
91$2,742,450,980$197,876,390$86,607,999$1,217,118,499
92$3,021,893,303$207,284,656$89,221,690$1,335,341,153
93$3,329,829,682$217,144,865$91,913,878$1,465,374,567
94$3,669,166,223$227,478,878$94,686,907$1,608,412,587
95$4,043,105,450$238,309,615$97,543,191$1,765,770,340
96$4,455,176,533$249,661,113$100,485,215$1,938,896,580
97$4,909,268,607$261,558,575$103,515,537$2,129,387,298
98$5,409,667,492$274,028,432$106,636,794$2,339,000,708
99$5,961,096,147$287,098,396$109,851,698$2,569,673,776
100$6,568,759,266$300,797,530$113,163,042$2,823,540,416