FIRE Calculator
Calculate your path to Financial Independence and Early Retirement. See your FIRE number, years to FI, and visualize your wealth accumulation journey.
- Your savings rate of 40% puts you on track for early retirement
- Increasing your savings rate by 5% could shave 2 years off your timeline
- At your FIRE number, you can safely withdraw $45,000/year
How This Calculator Works
The FIRE (Financial Independence, Retire Early) calculator determines when you can retire based on your savings rate, investment returns, and desired retirement spending. Your FIRE number is the amount you need invested to live off the returns forever.
We use the future value of a growing annuity formula to calculate how long it takes to reach your FIRE number, accounting for compound growth on both your existing savings and future contributions.
Where FI is your FIRE number, r is your expected return, PMT is your annual savings, and PV is your current portfolio value.
Disclaimer: This calculator is provided for educational and informational purposes only. Results are estimates based on the inputs you provide and may contain errors or inaccuracies. This tool does not constitute professional financial, investment, or tax advice. Individual circumstances vary, and you should consult with a qualified financial advisor, accountant, or other professional before making any financial decisions. We make no guarantees regarding the accuracy, completeness, or reliability of the calculations or results provided.
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