About This Tool
### Financial Independence, Retire Early
The FIRE movement is about smart saving and investing to regain control of your time. You don't have to work until 65.
### What is Your 'FIRE Number'?
Your FIRE Number is the amount of invested assets you need to live off the interest forever.
* **The Math**: Annual Expenses x 25.
* **Example**: If you spend $40,000/year, you need $1,000,000 invested.
Use this calculator to simulate your path to freedom based on your Savings Rate and Investment Returns.
Key Features
- **FIRE Number Projection**: See exactly how much you need to reach financial independence.
- **Timeline Analysis**: '15 Years to Freedom'.
- **Adjustable Variables**: Test how saving $500 more per month shortens your working career.
- **Inflation Logic**: Based on real stock market historical averages.
Frequently Asked Questions
What is the 4% rule?
The 4% rule serves as a general guideline. It states that you can withdraw 4% of your portfolio in the first year of retirement, and adjust for inflation thereafter, with a high success rate of not running out of money for 30+ years.
Can I FIRE with $500k?
Yes, if you can live on $20,000 per year (4% withdrawal). LeanFIRE enthusiasts often retire on less by moving to low-cost-of-living areas.
How do I start?
The key is a high Savings Rate. Most FIRE followers aim to save 50-70% of their income. Use our Budget Calculator to find room in your finances.