Calculate exactly when you can stop working forever.
FIRE stands for 'Financial Independence, Retire Early'. It is a lifestyle movement with the goal of gaining financial freedom decades before the traditional retirement age of 65. By aggressively saving a large portion of your income (often 50% or more) and investing it in low-cost index funds, you can accumulate a portfolio large enough to support your lifestyle forever. Financial Independence doesn't necessarily mean you stop working; it means you only work on what you love, without needing a paycheck to survive.
The core math of FIRE is often based on the 'Trinity Study', which suggests that if you withdraw 4% of your portfolio's initial value annually (adjusted for inflation), your money has a very high probability of lasting 30 years or more. This implies you need 25 times your annual expenses invested to be free. If you spend $40,000 a year, your 'FIRE Number' is $1 million. This calculator helps you adjust these variables to see your own timeline to freedom.
Find out when you can achieve Financial Independence and Retire Early.
