Calculator

FIRE Calculator

Financial independence is a number, and the number is the point at which your savings can pay for the rest of your life. Enter what you spend, what you have and what you save — this works out the age the two curves meet.

Your position

Every figure updates as you type.

yrs
More assumptions
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yrs
yrs
You can stop working at

Corpus you'll need
Expenses by then
First-year withdrawal
Of the corpus, in year one

Four ways to call it

"Enough" is a choice, not a constant. Each of these is the same calculation against a different standard of living.

Type Spending Corpus needed Age
Lean FIRE
FIRE
Fat FIRE
Coast FIRE

Lean is 70% of today's spending, Fat is 150%. Coast FIRE is different in kind: it is the age at which you could stop investing entirely and still drift to a full retirement at 60 on growth alone.

Your corpus against the target

The target climbs because your expenses inflate. Independence is where your corpus catches it. Hover, or focus the chart and use the arrow keys.

Show the year-by-year numbers
How this is worked out

The assumptions, stated plainly.

What the model does

  • The target is a drawdown, not a rule of thumb. Rather than applying a fixed multiple like 25×, this works out the corpus that would exactly fund your inflating expenses from the retirement age until the age you tell it to plan to. That is why the target line rises: your expenses inflate faster than the shrinking retirement shortens.
  • Two different returns. Money compounds at the pre-retirement rate while you are still earning, and at the post-retirement rate once you stop — portfolios usually get more defensive at that point. What actually drives the answer is the gap between the post-retirement return and inflation.
  • Contributions are monthly and rise once a year by the step-up you set, at one twelfth of the annual rate per month.
  • The corpus is spent down to zero at the age you plan to. It is not designed to leave an inheritance. If you want one, raise the "plan until" age or the target spending.
  • Returns are assumed to be smooth, and they are not. This is the model's biggest simplification. A bad run in the first few years of retirement does far more damage than the same run later — sequence-of-returns risk — and no single-line projection can show that. Treat the age here as the optimistic edge of a range, and build in a margin.
  • No tax, no pension, no state benefits, no one-off inflows. Withdrawals in retirement are usually taxable, so the real corpus needed is higher than the figure shown.

An illustration to think with, not a retirement plan or financial advice. Nothing you type is sent anywhere — the whole thing runs in your browser.

Common questions

Why doesn't this just use the 4% rule?

Because the 4% rule was derived for a 30-year retirement in a particular market's history, and early retirement is a much longer problem. Someone stopping at 45 and planning to 85 needs their money to last forty years, which is a different question from the one the rule answers.

Working the drawdown out directly also makes the assumptions visible instead of hiding them inside a constant. As it happens, with mainstream inputs the model lands close to 4% anyway — the "first-year withdrawal" figure above shows what rate your own numbers imply, which is a useful sanity check.

What is Coast FIRE?

The point where you can stop adding money. Your existing corpus, left alone to compound, would reach a normal retirement target by the traditional retirement age on its own. You still have to work to cover your living costs — but not to save. In practice it is the moment the pressure comes off: you can take the less lucrative job, go part-time, or start the thing you actually wanted to do.

It usually arrives many years before full FIRE, which is why it is worth knowing.

The age it gives me seems far away. What moves it most?

Your savings rate, by a wide margin — and it moves the answer from both ends at once. Spending less raises what you invest and lowers the corpus you need, because the target is a multiple of your spending. Try reducing the annual expenses figure by ten per cent and watch how much more the age moves than it does for a one-point change in the return.

The return assumption is the one people fiddle with most and the one they control least.

How is this different from the FIRE engine in the Zinfai app?

This page runs one smooth projection from numbers you type in. The Zinfai desktop app runs the same idea against your actual portfolio: real holdings across currencies and jurisdictions, income sources, milestones and debts, bucket strategies, withdrawal simulations, and scenarios side by side — so you are not re-typing your net worth from memory. See how the FIRE engine works.