Can I retire at age 40 with 18,600,000?

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 $18,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$1,535,971$1,522,289$1,508,941$1,495,912$1,483,190$1,455,029
2 years$760,381$746,220$732,495$719,188$706,281$678,019
3 years$501,886$487,663$473,973$460,791$448,094$420,612
4 years$372,663$358,484$344,931$331,974$319,584$293,094
5 years$295,150$281,056$267,681$254,988$242,943$217,520
6 years$243,491$229,503$216,326$203,916$192,232$167,905
7 years$206,606$192,736$179,768$167,650$156,336$133,110
8 years$178,956$165,211$152,457$140,638$129,696$107,565
9 years$157,461$143,846$131,311$119,792$109,223$88,174
10 years$140,275$126,793$114,480$103,262$93,063$73,076
11 years$126,223$112,876$100,787$89,869$80,038$61,089
12 years$114,521$101,312$89,446$78,827$69,359$51,422
13 years$104,628$91,556$79,914$69,593$60,482$43,529
14 years$96,155$83,222$71,803$61,776$53,018$37,017
15 years$88,818$76,025$64,828$55,094$46,682$31,600
16 years$82,405$69,751$58,776$49,330$41,257$27,061
17 years$76,752$64,238$53,484$44,323$36,582$23,236
18 years$71,733$59,359$48,824$39,944$32,527$19,997
19 years$67,248$55,013$44,696$36,093$28,992$17,243
20 years$63,216$51,121$41,020$32,689$25,896$14,892
21 years$59,572$47,617$37,730$29,667$23,174$12,880
22 years$56,265$44,449$34,774$26,974$20,772$11,153
23 years$53,249$41,572$32,108$24,566$18,646$9,667
24 years$50,489$38,951$29,694$22,406$16,760$8,387
25 years$47,954$36,553$27,503$20,462$15,081$7,282
26 years$45,617$34,354$25,508$18,710$13,585$6,327
27 years$43,457$32,331$23,686$17,125$12,248$5,500
28 years$41,455$30,466$22,019$15,690$11,051$4,783
29 years$39,595$28,741$20,491$14,388$9,979$4,162
30 years$37,862$27,143$19,086$13,205$9,017$3,623
31 years$36,243$25,659$17,794$12,128$8,152$3,154
32 years$34,729$24,278$16,602$11,146$7,374$2,747
33 years$33,310$22,992$15,501$10,249$6,673$2,393
34 years$31,977$21,791$14,483$9,430$6,042$2,085
35 years$30,723$20,669$13,541$8,681$5,473$1,817
36 years$29,541$19,618$12,667$7,995$4,958$1,584
37 years$28,426$18,632$11,856$7,366$4,494$1,381
38 years$27,372$17,707$11,103$6,790$4,074$1,204
39 years$26,374$16,838$10,402$6,261$3,695$1,050
40 years$25,429$16,020$9,750$5,774$3,351$916
41 years$24,532$15,249$9,142$5,328$3,040$799
42 years$23,681$14,523$8,576$4,917$2,759$696
43 years$22,871$13,837$8,047$4,539$2,504$607
44 years$22,099$13,190$7,554$4,191$2,273$530
45 years$21,365$12,578$7,093$3,870$2,063$462
46 years$20,664$11,999$6,662$3,575$1,873$403
47 years$19,995$11,450$6,259$3,303$1,701$352
48 years$19,356$10,931$5,881$3,052$1,545$307
49 years$18,745$10,439$5,528$2,821$1,403$268
50 years$18,160$9,971$5,197$2,607$1,274$234

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $18,600,000, adding $6,306 every year, while hoping to spend $54,210 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: 30/43/27 Blend
39$18,600,000$18,600,000$18,600,000$18,600,000
40$20,503,705$19,517,905$19,229,605$20,947,996
41$22,537,403$20,416,603$19,816,117$22,193,273
42$24,776,723$21,357,521$20,420,461$23,526,761
43$27,242,578$22,342,669$21,043,177$24,960,224
44$29,958,018$23,374,157$21,684,820$26,502,386
45$32,948,439$24,454,193$22,345,964$28,162,801
46$36,241,826$25,585,094$23,027,200$29,951,931
47$39,869,016$26,769,288$23,729,135$31,881,234
48$43,863,991$28,009,319$24,452,397$33,963,269
49$48,264,197$29,307,854$25,197,631$36,211,798
50$53,110,895$30,667,689$25,965,501$38,641,909
51$58,449,554$32,091,754$26,756,694$41,270,147
52$64,330,279$33,583,120$27,571,913$44,114,658
53$70,808,282$35,145,008$28,411,887$47,195,353
54$77,944,405$36,780,792$29,277,364$50,534,075
55$85,805,694$38,494,010$30,169,115$54,154,803
56$94,466,030$40,288,371$31,087,935$58,083,855
57$104,006,827$42,167,763$32,034,643$62,350,129
58$114,517,801$44,136,261$33,010,081$66,985,359
59$126,097,816$46,198,137$34,015,118$72,024,400
60$138,855,817$48,357,870$35,050,648$77,505,538
61$152,911,859$50,620,154$36,117,594$83,470,839
62$168,398,239$52,989,912$37,216,903$89,966,525
63$185,460,744$55,472,303$38,349,555$97,043,394
64$204,260,031$58,072,737$39,516,556$104,757,280
65$224,973,137$60,796,884$40,718,944$113,169,559
66$247,795,156$63,650,689$41,957,787$122,347,710
67$272,941,075$66,640,387$43,234,186$132,365,925
68$300,647,808$69,772,509$44,549,275$143,305,794
69$331,176,431$73,053,909$45,904,222$155,257,044
70$364,814,644$76,491,767$47,300,230$168,318,363
71$401,879,488$80,093,614$48,738,538$182,598,310
72$442,720,339$83,867,344$50,220,422$198,216,304
73$487,722,205$87,821,236$51,747,198$215,303,730
74$537,309,360$91,963,966$53,320,219$234,005,146
75$591,949,348$96,304,634$54,940,880$254,479,616
76$652,157,400$100,852,779$56,610,618$276,902,179
77$718,501,294$105,618,404$58,330,913$301,465,467
78$791,606,715$110,611,996$60,103,288$328,381,488
79$872,163,166$115,844,550$61,929,314$357,883,589
80$960,930,471$121,327,594$63,810,608$390,228,621
81$1,058,745,950$127,073,218$65,748,835$425,699,319
82$1,166,532,327$133,094,095$67,745,710$464,606,932
83$1,285,306,434$139,403,516$69,803,001$507,294,112
84$1,416,188,816$146,015,413$71,922,527$554,138,106
85$1,560,414,306$152,944,400$74,106,163$605,554,262
86$1,719,343,684$160,205,795$76,355,839$661,999,904
87$1,894,476,524$167,815,662$78,673,543$723,978,593
88$2,087,465,346$175,790,847$81,061,324$792,044,822
89$2,300,131,223$184,149,010$83,521,290$866,809,193
90$2,534,480,969$192,908,672$86,055,613$948,944,118
91$2,792,726,083$202,089,253$88,666,532$1,039,190,106
92$3,077,303,634$211,711,116$91,356,351$1,138,362,679
93$3,390,899,258$221,795,614$94,127,443$1,247,360,002
94$3,736,472,522$232,365,139$96,982,251$1,367,171,292
95$4,117,284,856$243,443,168$99,923,294$1,498,886,071
96$4,536,930,352$255,054,324$102,953,165$1,643,704,375
97$4,999,369,685$267,224,423$106,074,533$1,802,947,994
98$5,508,967,511$279,980,538$109,290,148$1,978,072,864
99$6,070,533,673$293,351,060$112,602,844$2,170,682,716
100$6,689,368,605$307,365,759$116,015,536$2,382,544,116