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Financial Freedom & FIRE Calculator

Are You TRULY Wealthy?

Plan Your Path to Financial Independence and Early Retirement

Use this free tool to calculate how many years it will take to achieve financial freedom and the FIRE lifestyle. Enter your salary, passive income, expenses, and retirement plans to see your customized results.

Years till Freedom (FIRE)

0
Monthly spare income = 0
You have no disposable income to invest. Without saving, early retirement is impossible.
You need to invest 0 for 0 to reach financial independence assuming a 4% annual return.
Total annual expensesprofit = 0 (Passive Income + Retirement Salary Income - Yearly Expenses)
Freedom Number = 0 This is the investment amount you need to fully cover your annual expenses () assuming a 4% annual return.
Freedom Number = 0 Congratulations! Your passive income retirement salary + Retirement Salary can already cover all your expenses. You could retire now.

FAQ: FIRE & Financial Freedom

What is Financial Independence and the FIRE Movement?

The FIRE movement stands for Financial Independence, Retire Early. It focuses on increasing savings and passive income to achieve freedom from traditional work and retire early. Movement suggests to save 25 times your annual expenses to retire (to support long-term withdrawals). It is also known as "Fire Number" or "Rule of 25"

Why do people continue working after retirement?

Many individuals experience a sense of restlessness or depression after a few months of inactivity. Engaging in meaningful work (pursuing a passion project, fulfilling part-time role, starting new side business) can provide both personal satisfaction and a modest income, promoting overall well-being.

How can I achieve FIRE faster?

Focus on increasing passive income, reducing expenses, and optimizing savings. This calculator shows how your financial decisions affect your path to early retirement.

Learn more about passive income strategies and personal finance tips to accelerate your journey to financial independence and FIRE. Browse through our curated selection of personal finance books to begin your journey toward financial freedom. Click to find each book on Amazon.