Finance Tools
FIRE Retirement Calculator
Estimate your FIRE number and how many years it may take to reach financial independence based on income, expenses, savings rate, return rate, and a withdrawal rate.
FIRE Retirement Calculator
Estimate your FIRE number (financial independence target) and how many years it may take to reach it based on your income, expenses, savings rate, and investment return assumptions.
Results
Annual Savings: $30,000
Savings Rate: 37.5%
FIRE Number (estimate): $1,250,000
Estimated time to FIRE: 16 years.
Assumptions: return 6.0%, withdrawal rate 4.0%.
What is a FIRE number?
A FIRE number is an estimated portfolio size that can fund your expenses using a withdrawal rate. A common shortcut is dividing annual expenses by a withdrawal rate.
FAQ
Does this include taxes and inflation?
No. This is a simplified estimate. Taxes, inflation, healthcare costs, and market volatility can change outcomes. Consider more conservative assumptions for planning.
How to use this fire retirement calculator
- Enter your annual income and annual expenses.
- Review your implied annual savings and savings rate.
- Enter your current savings (optional) and expected return rate.
- Choose a withdrawal rate (e.g., 4%) to calculate your FIRE number.
- Review estimated years to FIRE.
Example
If you spend $50,000 per year and use a 4% withdrawal rate, your FIRE number is $1,250,000. With $200,000 saved and $30,000 annual savings at 6% return, you may reach FIRE in around 15–20 years.
- Annual expenses = $50,000
- Withdrawal rate = 4% → FIRE number = $50,000 ÷ 0.04 = $1,250,000
- Current savings = $200,000
- Annual savings = $30,000, Return = 6%
- Years to FIRE ≈ ~15–20 (estimate)
More tools in Finance Tools
- Early Retirement Calculator
Estimate how many years until you can retire early based on your current savings, annual contributions, expected return, and target spending using a withdrawal rate.
- Retirement Income Calculator
Estimate retirement income from your portfolio using a withdrawal rate. See annual and monthly retirement income based on your retirement savings.
- Retirement Spending Calculator
Estimate how much retirement savings you need based on your planned retirement spending and a withdrawal rate. Compare required savings vs your current portfolio.
- Retirement Calculator
An all-in-one retirement calculator hub: estimate your target nest egg, income, and timeline — then jump to detailed retirement tools for savings, income, spending, FIRE, and 401(k).