Early Retirement Calculator

Calculate your path to Financial Independence and Early Retirement (FIRE). Find out when you can retire and live off your investments.

FIRE Calculator

You Can Retire At Age

49

In 14.1 years

Your FIRE Number

$1,250,000

25x your annual expenses

Savings Rate

38%

Progress to FIRE

16%

Coast FIRE

✓ Achieved!

What is FIRE (Financial Independence, Retire Early)?

FIRE is a movement focused on extreme savings and investment, allowing people to retire much earlier than traditional retirement age. The goal is to accumulate enough assets that your investment returns cover your living expenses indefinitely.

Types of FIRE

TypeDescriptionTypical Annual Expenses
Lean FIREMinimalist lifestyle, very frugal$20,000 - $40,000
Regular FIREComfortable middle-class lifestyle$40,000 - $80,000
Fat FIRELuxurious lifestyle in retirement$100,000+
Coast FIRESaved enough to coast to traditional retirementAny
Barista FIREPart-time work covers expenses, savings growAny

The 4% Rule Explained

The 4% rule states that you can withdraw 4% of your portfolio in year one of retirement, then adjust for inflation each year, and have a high probability of your money lasting 30+ years. This means you need 25 times your annual expenses to retire.

Savings Rate vs. Years to Retirement

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

Can I Retire at 55? 50? 45?

Yes! Early retirement is possible with disciplined saving and investing. The key factors are:

  • High savings rate - Aim for 50%+ of income
  • Low expenses - The less you spend, the less you need
  • Smart investing - Low-cost index funds historically return 7-10%
  • Healthcare planning - Bridge the gap until Medicare at 65
  • Tax optimization - Roth conversion ladder, capital gains harvesting
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