Can I retire at age 40 with 18,400,000?

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 $18,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$1,519,455$1,505,920$1,492,716$1,479,827$1,467,242$1,409,027
2 years$752,205$738,196$724,619$711,455$698,687$640,758
3 years$496,489$482,419$468,877$455,836$443,275$387,457
4 years$368,656$354,629$341,222$328,404$316,148$262,864
5 years$291,976$278,034$264,802$252,246$240,331$189,717
6 years$240,873$227,035$214,000$201,723$190,165$142,255
7 years$204,385$190,664$177,835$165,848$154,655$109,430
8 years$177,031$163,434$150,818$139,126$128,302$85,716
9 years$155,768$142,299$129,899$118,504$108,048$68,037
10 years$138,767$125,430$113,249$102,152$92,063$54,548
11 years$124,866$111,663$99,703$88,903$79,177$44,072
12 years$113,290$100,222$88,484$77,980$68,613$35,823
13 years$103,503$90,572$79,054$68,844$59,832$29,257
14 years$95,121$82,327$71,031$61,112$52,448$23,986
15 years$87,863$75,207$64,131$54,501$46,180$19,725
16 years$81,519$69,001$58,144$48,800$40,814$16,261
17 years$75,927$63,548$52,909$43,846$36,188$13,433
18 years$70,962$58,721$48,299$39,514$32,177$11,115
19 years$66,524$54,422$44,216$35,705$28,680$9,210
20 years$62,536$50,571$40,579$32,337$25,617$7,639
21 years$58,932$47,105$37,325$29,348$22,925$6,343
22 years$55,660$43,971$34,400$26,684$20,549$5,270
23 years$52,677$41,125$31,763$24,302$18,446$4,382
24 years$49,946$38,532$29,375$22,165$16,580$3,645
25 years$47,438$36,160$27,207$20,242$14,919$3,034
26 years$45,127$33,985$25,233$18,508$13,439$2,526
27 years$42,990$31,984$23,431$16,941$12,116$2,103
28 years$41,010$30,138$21,783$15,522$10,932$1,752
29 years$39,169$28,432$20,270$14,234$9,872$1,460
30 years$37,454$26,851$18,881$13,063$8,920$1,216
31 years$35,854$25,383$17,602$11,997$8,064$1,014
32 years$34,356$24,017$16,423$11,026$7,295$845
33 years$32,952$22,745$15,335$10,139$6,602$704
34 years$31,633$21,557$14,328$9,329$5,977$587
35 years$30,392$20,446$13,395$8,588$5,414$490
36 years$29,223$19,407$12,531$7,909$4,905$408
37 years$28,120$18,432$11,729$7,287$4,446$340
38 years$27,078$17,517$10,984$6,717$4,030$284
39 years$26,091$16,657$10,290$6,193$3,655$237
40 years$25,156$15,848$9,645$5,712$3,315$197
41 years$24,269$15,085$9,044$5,270$3,008$165
42 years$23,426$14,367$8,484$4,864$2,729$137
43 years$22,625$13,689$7,961$4,490$2,477$114
44 years$21,862$13,048$7,473$4,146$2,248$95
45 years$21,135$12,443$7,017$3,829$2,041$80
46 years$20,442$11,870$6,590$3,537$1,853$66
47 years$19,780$11,327$6,191$3,267$1,683$55
48 years$19,148$10,813$5,818$3,019$1,528$46
49 years$18,543$10,326$5,469$2,790$1,388$39
50 years$17,965$9,864$5,141$2,579$1,261$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $18,400,000, adding $6,221 every year, while hoping to spend $21,098 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: 62/17/21 Blend
39$18,400,000$18,400,000$18,400,000$18,400,000
40$20,283,217$19,308,017$19,022,817$21,429,616
41$22,329,657$20,231,662$19,637,633$23,128,245
42$24,584,127$21,199,858$20,272,339$24,979,057
43$27,067,823$22,214,766$20,927,577$26,999,273
44$29,804,104$23,278,653$21,604,014$29,205,402
45$32,818,710$24,393,894$22,302,336$31,615,603
46$36,140,004$25,562,981$23,023,250$34,249,855
47$39,799,246$26,788,528$23,767,490$37,130,137
48$43,830,878$28,073,275$24,535,810$40,280,638
49$48,272,858$29,420,096$25,328,990$43,727,972
50$53,167,013$30,832,004$26,147,835$47,501,430
51$58,559,438$32,312,162$26,993,177$51,633,249
52$64,500,926$33,863,883$27,865,874$56,158,911
53$71,047,451$35,490,644$28,766,811$61,117,472
54$78,260,695$37,196,090$29,696,904$66,551,925
55$86,208,633$38,984,045$30,657,096$72,509,598
56$94,966,168$40,858,518$31,648,364$79,042,597
57$104,615,846$42,823,714$32,671,713$86,208,287
58$115,248,629$44,884,043$33,728,183$94,069,831
59$126,964,759$47,044,131$34,818,846$102,696,774
60$139,874,698$49,308,827$35,944,811$112,165,695
61$154,100,176$51,683,218$37,107,221$122,560,919
62$169,775,338$54,172,640$38,307,257$133,975,309
63$187,048,010$56,782,687$39,546,138$146,511,126
64$206,081,096$59,519,227$40,825,122$160,280,993
65$227,054,113$62,388,415$42,145,509$175,408,944
66$250,164,890$65,396,705$43,508,641$192,031,583
67$275,631,431$68,550,865$44,915,902$210,299,370
68$303,693,975$71,857,995$46,368,723$230,378,020
69$334,617,265$75,325,541$47,868,580$252,450,066
70$368,693,045$78,961,312$49,416,997$276,716,562
71$406,242,816$82,773,498$51,015,547$303,398,973
72$447,620,872$86,770,687$52,665,856$332,741,250
73$493,217,640$90,961,889$54,369,601$365,012,121
74$543,463,370$95,356,553$56,128,513$400,507,609
75$598,832,197$99,964,587$57,944,382$439,553,819
76$659,846,614$104,796,386$59,819,052$482,509,993
77$727,082,409$109,862,848$61,754,430$529,771,889
78$801,174,095$115,175,408$63,752,484$581,775,498
79$882,820,905$120,746,056$65,815,244$639,001,145
80$972,793,392$126,587,367$67,944,810$701,977,998
81$1,071,940,702$132,712,532$70,143,345$771,289,053
82$1,181,198,593$139,135,386$72,413,087$847,576,608
83$1,301,598,267$145,870,437$74,756,343$931,548,309
84$1,434,276,107$152,932,905$77,175,497$1,023,983,812
85$1,580,484,402$160,338,750$79,673,009$1,125,742,111
86$1,741,603,177$168,104,714$82,251,420$1,237,769,629
87$1,919,153,211$176,248,356$84,913,352$1,361,109,127
88$2,114,810,404$184,788,090$87,661,515$1,496,909,517
89$2,330,421,592$193,743,234$90,498,703$1,646,436,685
90$2,568,021,989$203,134,047$93,427,804$1,811,085,407
91$2,829,854,394$212,981,777$96,451,797$1,992,392,492
92$3,118,390,370$223,308,712$99,573,761$2,192,051,252
93$3,436,353,577$234,138,228$102,796,871$2,411,927,459
94$3,786,745,484$245,494,844$106,124,408$2,654,076,921
95$4,172,873,706$257,404,274$109,559,759$2,920,764,856
96$4,598,383,233$269,893,492$113,106,420$3,214,487,233
97$5,067,290,839$282,990,789$116,768,000$3,537,994,304
98$5,584,023,004$296,725,838$120,548,228$3,894,316,517
99$6,153,457,708$311,129,761$124,450,952$4,286,793,089
100$6,780,970,479$326,235,205$128,480,143$4,719,103,480