FIRE Calculator
Calculate how long until you reach financial independence and can retire early (FIRE).
Calculator
FIRE number (25x expenses)
$1,000,000
Savings rate
50.00%
Years to FIRE
14
Annual savings
$40,000
Projection
What is fire?
FIRE stands for Financial Independence, Retire Early. This calculator estimates how many years it takes to reach financial independence based on your savings rate, expenses, and expected returns.
Example
With a 50% savings rate and 7% returns, you reach FIRE in about 17 years. At a 75% savings rate, it drops to about 7 years.
Money-saving tips
- •Higher savings rates dramatically shorten time to FIRE.
- •The 4% rule suggests you need 25x annual expenses to retire.
- •Track expenses closely — lowering expenses both speeds FIRE and reduces the target.
Common mistakes
- •Underestimating expenses in retirement.
- •Assuming consistent returns — markets fluctuate.
Financial definitions
- FIRE number
- 25x your annual expenses — the portfolio size needed for financial independence.
- Savings rate
- The percentage of income you save and invest.
Frequently asked questions
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Estimated reading time: 7 min