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FIRE Calculator

Calculate when you can achieve Financial Independence and Retire Early. Based on the 4% safe withdrawal rule.

FIRE Number
$1.3M
Reach in 24 years
FIRE Age54
Savings Rate38%
24 years
Important Assumptions
This calculator uses a deterministic model with constant returns. Real markets are volatile—actual results will vary. The 4% rule is a guideline, not a guarantee. Consider consulting a financial advisor for personalized planning.

Personal Information

years old
$

Income & Expenses

$
$

Investment Assumptions

%
%
%
FIRE Number
$1,250,000
Based on 4% withdrawal rate
Time to FIRE
24 years
At age 54
Savings Rate
38%
$2,500/month

FIRE Variants

Lean FIRE
$875K
70% of expenses
Regular FIRE
$1.3M
100% of expenses
Fat FIRE
$1.9M
150% of expenses
Coast FIRE Number
$317K
Save this amount, then let it grow to regular FIRE by age 65

Net Worth Projection

Your Savings
FIRE Goal

Savings Composition at FIRE

Contributions
$770K
54%
Investment Gains
$649K
46%
Total at FIRE: $1,418,841

Shows how much of your final balance comes from contributions vs investment growth

Income vs Expenses

Income
$80,000
Expenses
$50,000
Savings
$30,000
Savings Rate38%
Monthly Savings$2,500/mo

FIRE Milestones Progress

Lean FIRE$50K / $875K
6%
Regular FIRE$50K / $1.3M
4%
Fat FIRE$50K / $1.9M
3%

Year-by-Year Projection

AgePhaseCash FlowGainsBalance
30Working$50K
31Working+$30K+$3K$83K
32Working+$30K+$4K$117K
33Working+$30K+$5K$152K
34Working+$30K+$7K$188K
35Working+$30K+$8K$227K
36Working+$30K+$10K$266K
37Working+$30K+$11K$307K
38Working+$30K+$13K$350K
39Working+$30K+$15K$395K
40Working+$30K+$16K$441K
41Working+$30K+$18K$490K
42Working+$30K+$20K$540K
43Working+$30K+$22K$592K
44Working+$30K+$24K$646K
45Working+$30K+$26K$703K
46Working+$30K+$29K$761K
47Working+$30K+$31K$823K
48Working+$30K+$34K$886K
49Working+$30K+$36K$952K
50Working+$30K+$39K$1.0M
51Working+$30K+$41K$1.1M
52Working+$30K+$44K$1.2M
53Working+$30K+$47K$1.2M
54Working+$30K+$50K$1.3M
55Retired-$50K+$53K$1.3M
56Retired-$50K+$53K$1.3M
57Retired-$50K+$53K$1.3M
58Retired-$50K+$53K$1.3M
59Retired-$50K+$53K$1.3M

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What is FIRE?

FIRE stands for Financial Independence, Retire Early. It's a movement focused on extreme savings and investment that allows you to retire far earlier than traditional retirement age.

The core idea is simple: if you save enough money and invest it wisely, you can live off your investment returns without needing to work. Imagine your money working for you instead of you working for money.

The 4% Rule

The foundation of FIRE is the 4% safe withdrawal rate, derived from the famous Trinity Study. Here's how it works:

FIRENumber=AnnualExpenses×25FIRE Number = Annual Expenses × 25

If you spend $40,000 per year, your FIRE number is $1,000,000. Once you reach this amount, you can safely withdraw 4% ($40,000) each year, and historically, your portfolio would last 30+ years.

Why 25x? Because 1 ÷ 0.04 = 25. The 4% rule means you need 25 times your annual expenses.

FIRE Variants

Not everyone pursues the same type of FIRE:

  • Lean FIRE: Retire with minimal expenses (70% of current spending). Requires less savings but tighter budget.
  • Regular FIRE: Maintain your current lifestyle in retirement.
  • Fat FIRE: Retire with 150%+ of current expenses. More cushion for travel, healthcare, unexpected costs.
  • Coast FIRE: Save enough early so that compound growth alone will reach your FIRE number by traditional retirement age. You can then work less stressful jobs.
  • Barista FIRE: Reach partial FIRE, then work part-time for healthcare benefits and supplemental income.

Why Savings Rate Matters Most

Your savings rate (the percentage of income you save) is the single most important factor in reaching FIRE:

Savings RateYears to FIRE
10%51 years
25%32 years
50%17 years
75%7 years

Notice how doubling your savings rate from 25% to 50% nearly cuts your timeline in half. This is why FIRE enthusiasts focus obsessively on reducing expenses—it has a double effect: lower expenses mean you need less to retire AND you can save more.

Understanding Real Returns

When planning for FIRE, always think in real returns (after inflation):

  • Nominal return: 7% (historical S&P 500 average)
  • Inflation: 3% (historical average)
  • Real return: 4% (what your money actually grows in purchasing power)

This is why we subtract inflation from investment returns in our calculator. A million dollars 30 years from now won't buy what a million dollars buys today.

Getting Started with FIRE

  1. Track your expenses - You can't optimize what you don't measure
  2. Calculate your FIRE number - Annual expenses × 25
  3. Maximize savings rate - Aim for 50%+ if possible
  4. Invest in low-cost index funds - Keep fees under 0.1%
  5. Stay the course - Market volatility is normal; don't panic sell

The journey to FIRE is a marathon, not a sprint. Even if you don't retire at 35, the financial habits you build will give you freedom and options most people never have.