Financial Independence, Retire Early (FIRE) Calculator

DISCLAIMER This is not financial advice. Please do your own research and consult a professional before making financial decisions.
Find out (roughly) when you can retire!

This simple FIRE calculator is based on the FIRE movement and the Trinity Study. The data on this calculator is synced with other tools and calculators on this website.

Simply enter a few numbers to get a rough idea of what your Financial Independence/Retire Early journey looks like!

① How much can you save?

② How much do you have?

③ Additional Financial Assumptions

ready to get even more insights into your finances? Start tracking your numbers (coming soon)

Assumptions & Footnotes

Expected Market Returns

historical market return does not guarantee future performances. This calculator assumes a positive normalized average return each year using historical data, however this is not guaranteed.

Inflation

due to the complex interconnected factors such as supply & demand, monetary policy, geo-political events, natural disasters, consumer behaviours, etc. inflation is difficult to predict. We can only use historical data averages as a best guess for the future, however it is also not guaranteed.

Debt Handling

this calculator currently assumes your existing debt does not incur interest, so the balance will remain constant. A future update will add support for debt interest.

Taxes

due to the complexity and variability of regional tax laws and calculations, this calculator does not consider taxes at any point in time.

Income and Expenses

this calculator assumes your income and expense to be consistent throughout the projection period. This also means your expenses after FIRE is expected to be the same as today, in another words this FIRE number assumes maintaining your current lifestyle & expenses. A future update will allow you to enter expected expenses for when you retire.

Assets

this currently calculator assumes your "Other Assets" do not appreciate or depreciate.

Time Value of Money (TVM)

this calculator projects your future networth in Real Value (today's value/inflation adjusted) based on the inflation rate you enter.

FIRE Age & Date

the time when you can FIRE is currently based on when your Investments (assets that can generate an income) is greater than your FIRE Number.

Everything Else*

I'm sure I probably forgot something here, so if you have questions, please let me know. Currently the best way is to just leave a comment on my YouTube videos, I read them regularly :)