Can I retire at age 40 with 18,500,000?

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 $18,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$1,527,713$1,514,105$1,500,828$1,487,869$1,475,216$1,459,810
2 years$756,293$742,208$728,557$715,322$702,484$686,969
3 years$499,187$485,041$471,425$458,314$445,685$430,543
4 years$370,659$356,557$343,077$330,189$317,866$303,214
5 years$293,563$279,545$266,242$253,617$241,637$227,517
6 years$242,182$228,269$215,163$202,820$191,199$177,629
7 years$205,496$191,700$178,801$166,749$155,496$142,482
8 years$177,994$164,322$151,638$139,882$128,999$116,540
9 years$156,614$143,072$130,605$119,148$108,636$96,727
10 years$139,521$126,111$113,865$102,707$92,563$81,197
11 years$125,544$112,269$100,245$89,386$79,607$68,775
12 years$113,906$100,767$88,965$78,403$68,986$58,676
13 years$104,065$91,064$79,484$69,218$60,157$50,357
14 years$95,638$82,775$71,417$61,444$52,733$43,430
15 years$88,341$75,616$64,480$54,798$46,431$37,610
16 years$81,962$69,376$58,460$49,065$41,036$32,683
17 years$76,340$63,893$53,197$44,085$36,385$28,485
18 years$71,347$59,040$48,562$39,729$32,352$24,888
19 years$66,886$54,718$44,456$35,899$28,836$21,792
20 years$62,876$50,846$40,799$32,513$25,757$19,117
21 years$59,252$47,361$37,528$29,508$23,049$16,798
22 years$55,962$44,210$34,587$26,829$20,660$14,780
23 years$52,963$41,349$31,935$24,434$18,546$13,021
24 years$50,218$38,741$29,535$22,285$16,670$11,483
25 years$47,696$36,357$27,355$20,352$15,000$10,136
26 years$45,372$34,169$25,371$18,609$13,512$8,955
27 years$43,224$32,157$23,559$17,033$12,182$7,916
28 years$41,232$30,302$21,901$15,606$10,992$7,003
29 years$39,382$28,586$20,381$14,311$9,925$6,199
30 years$37,658$26,997$18,984$13,134$8,968$5,489
31 years$36,048$25,521$17,698$12,063$8,108$4,863
32 years$34,543$24,148$16,513$11,086$7,334$4,310
33 years$33,131$22,868$15,418$10,194$6,638$3,821
34 years$31,805$21,674$14,406$9,380$6,010$3,389
35 years$30,558$20,557$13,468$8,635$5,443$3,006
36 years$29,382$19,512$12,599$7,952$4,932$2,667
37 years$28,273$18,532$11,793$7,327$4,470$2,367
38 years$27,225$17,612$11,043$6,753$4,052$2,101
39 years$26,233$16,747$10,346$6,227$3,675$1,865
40 years$25,292$15,934$9,698$5,743$3,333$1,656
41 years$24,400$15,167$9,093$5,299$3,024$1,470
42 years$23,553$14,445$8,530$4,890$2,744$1,306
43 years$22,748$13,763$8,004$4,514$2,490$1,160
44 years$21,981$13,119$7,513$4,168$2,260$1,030
45 years$21,250$12,510$7,055$3,850$2,052$915
46 years$20,553$11,934$6,626$3,556$1,863$813
47 years$19,888$11,389$6,225$3,285$1,692$722
48 years$19,252$10,872$5,850$3,036$1,536$642
49 years$18,644$10,382$5,498$2,805$1,395$570
50 years$18,062$9,918$5,169$2,593$1,267$507

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $18,500,000, adding $5,744 every year, while hoping to spend $56,330 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: 51/28/21 Blend
39$18,500,000$18,500,000$18,500,000$18,500,000
40$20,392,925$19,412,425$19,125,675$21,313,559
41$22,413,069$20,303,699$19,706,450$22,841,547
42$24,637,379$21,236,758$20,304,794$24,495,710
43$27,086,622$22,213,589$20,921,234$26,293,079
44$29,783,678$23,236,276$21,556,317$28,247,244
45$32,753,763$24,307,003$22,210,603$30,373,138
46$36,024,658$25,428,058$22,884,670$32,687,175
47$39,626,981$26,601,840$23,579,113$35,207,395
48$43,594,466$27,830,863$24,294,547$37,953,629
49$47,964,289$29,117,763$25,031,602$40,947,683
50$52,777,414$30,465,301$25,790,928$44,213,531
51$58,078,982$31,876,373$26,573,196$47,777,539
52$63,918,736$33,354,013$27,379,096$51,668,706
53$70,351,489$34,901,401$28,209,338$55,918,926
54$77,437,644$36,521,873$29,064,654$60,563,284
55$85,243,761$38,218,922$29,945,797$65,640,380
56$93,843,188$39,996,212$30,853,544$71,192,681
57$103,316,750$41,857,584$31,788,695$77,266,913
58$113,753,514$43,807,061$32,752,072$83,914,496
59$125,251,630$45,848,864$33,744,523$91,192,015
60$137,919,254$47,987,416$34,766,923$99,161,745
61$151,875,572$50,227,354$35,820,169$107,892,228
62$167,251,925$52,573,538$36,905,189$117,458,910
63$184,193,044$55,031,064$38,022,935$127,944,836
64$202,858,422$57,605,274$39,174,391$139,441,426
65$223,423,815$60,301,767$40,360,568$152,049,325
66$246,082,905$63,126,414$41,582,507$165,879,335
67$271,049,123$66,085,370$42,841,283$181,053,450
68$298,557,666$69,185,086$44,137,998$197,705,990
69$328,867,718$72,432,326$45,473,792$215,984,857
70$362,264,898$75,834,181$46,849,836$236,052,909
71$399,063,948$79,398,087$48,267,336$258,089,487
72$439,611,715$83,131,837$49,727,536$282,292,083
73$484,290,416$87,043,603$51,231,715$308,878,189
74$533,521,251$91,141,953$52,781,190$338,087,331
75$587,768,377$95,435,867$54,377,318$370,183,308
76$647,543,291$99,934,765$56,021,498$405,456,660
77$713,409,657$104,648,518$57,715,168$444,227,391
78$785,988,625$109,587,479$59,459,810$486,847,962
79$865,964,701$114,762,501$61,256,949$533,706,599
80$954,092,201$120,184,964$63,108,158$585,230,926
81$1,051,202,378$125,866,800$65,015,054$641,891,980
82$1,158,211,265$131,820,518$66,979,303$704,208,627
83$1,276,128,326$138,059,235$69,002,621$772,752,430
84$1,406,065,981$144,596,703$71,086,775$848,153,016
85$1,549,250,113$151,447,344$73,233,584$931,103,986
86$1,707,031,637$158,626,276$75,444,921$1,022,369,429
87$1,880,899,254$166,149,353$77,722,715$1,122,791,101
88$2,072,493,504$174,033,198$80,068,953$1,233,296,333
89$2,283,622,258$182,295,241$82,485,679$1,354,906,747
90$2,516,277,779$190,953,758$84,975,000$1,488,747,861
91$2,772,655,533$200,027,913$87,539,083$1,636,059,671
92$3,055,174,917$209,537,801$90,180,162$1,798,208,314
93$3,366,502,097$219,504,491$92,900,536$1,976,698,916
94$3,709,575,178$229,950,078$95,702,571$2,173,189,756
95$4,087,631,945$240,897,730$98,588,705$2,389,507,867
96$4,504,240,424$252,371,740$101,561,448$2,627,666,234
97$4,963,332,574$264,397,583$104,623,384$2,889,882,738
98$5,469,241,402$277,001,969$107,777,172$3,178,601,041
99$6,026,741,871$290,212,911$111,025,553$3,496,513,589
100$6,641,095,979$304,059,782$114,371,347$3,846,586,973