FIRE Calculator

Calculate when you can achieve Financial Independence and Retire Early

5 min interactive tool

Calculate Your FIRE Number

Your FIRE Number

$1,000,000

Based on 4% withdrawal rate

Time to FIRE

13.3 years

Savings rate: 50.0% | $40,000/year

Total Contributed

$583,333

Investment Growth

$416,667

FIRE Milestones

Coast FIRE

Your investments can grow to your FIRE number without additional contributions

$500,000

10.0% reached

Lean FIRE

Living on $24,000/year

$600,000

8.3% reached

FIRE

Full financial independence at $40,000/year

$1,000,000

5.0% reached

Fat FIRE

Comfortable lifestyle at $60,000/year

$1,500,000

3.3% reached

Understanding FIRE

The FIRE movement (Financial Independence, Retire Early) is built on a simple concept: save aggressively, invest wisely in low-cost index funds, and build a portfolio large enough to sustain your lifestyle through investment returns alone.

The Math Behind FIRE

Your savings rate is the single most important factor in how quickly you reach FIRE. The relationship between savings rate and working years is not linear — small increases in savings rate can dramatically reduce your time to retirement:

Savings Rate vs Years to FIRE

20%

37 years

40%

22 years

50%

17 years

70%

8.5 years

Assuming 5% real returns and starting from $0

Types of FIRE

Lean FIRE

Minimal lifestyle, typically <$40K/year expenses. Requires smaller portfolio but less flexibility.

Fat FIRE

Comfortable lifestyle, $100K+/year. Requires larger portfolio but more freedom and security.

Coast FIRE

Enough saved that compound growth alone will fund traditional retirement. Can work part-time.

Barista FIRE

Leave high-stress career for enjoyable part-time work that covers daily expenses while investments grow.

Why Index Funds Are Perfect for FIRE

Low-cost index funds are the preferred investment vehicle for the FIRE community because they offer broad market diversification, minimal fees (preserving more of your returns), and historically reliable long-term growth of approximately 7% after inflation.

Frequently Asked Questions