Save to FIRE · Calculate Your Path
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Your Path to Financial Independence

Financial independence is achieved when income and withdrawals from your financial assets can reliably support your desired expenses. Find out how soon you could be financially independent

Your Inputs

$
Annual gross income minus employment taxes (Federal, State, FICA, etc.)
$
Annual contributions to all investment accounts. Your savings rate is %
$
Value of all investment accounts
%
This means that next year you need to save at least $
$
This should exclude any additional income you expect to receive in retirement (e.g., Social Security, pension) of which the average American household receives $24,000. The average spending of older households (i.e., household headed by someone over 65) is $46,000. Assuming no Social Security or pension, you would be spending $(%) than you currently spend each year and $(%) than the average older household
%
General recommendation is 4.0% for horizons ≤30 years or 3.5% for horizons >30 years
%
Annual real rate of return, after taxes

Your Results

$
This is before inflation (i.e., it is in today's dollars). Your number at FIRE may be higher By this age, your portfolio should be able to support your targeted spend

Sources of Net Worth at FIRE

Annual Detail


1 At end of year (i.e., after annual savings contribution and investment returns)
2 Annual spend (in today's dollars) that your financial assets could support based on the assumed safe withdrawal rate