🔥 FIRE Calculator – Financial Independence Retire Early
Estimate how much you need to save to reach Financial Independence, Retire Early (FIRE), and roughly how many years it could take.
What is FIRE?
FIRE stands for Financial Independence, Retire Early. The goal is to build a large enough investment portfolio that withdrawals from it can sustainably cover your living expenses indefinitely, without needing traditional employment income.
The Formula
Your FIRE Number = Annual Expenses ÷ Safe Withdrawal Rate (commonly 4%). This calculator also projects your current savings forward, adding your annual contributions and compounding at your expected return, to estimate how many years it may take to reach that number.
Note: This is a simplified educational projection for general planning purposes only, not financial advice; actual results depend on market returns, inflation, and spending changes.