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What is FIRE (Financial Independence / Retire Early)?
Financial Independence / Retire Early (FIRE) is a personal finance milestone where you have accumulated enough assets that the returns on your investments are enough to cover your cost of living. Once you have reached FIRE, you can live off the returns from your investments indefinitely and you have the freedom to spend your time however you like, without the need to work for income.
You don’t have to wait until conventional retirement age to gain complete freedom over your time. Adjust the inputs on this calculator to see how soon you can reach FIRE and how much you need to accumulate to reach this milestone.
Assumptions
Please note that this calculator does not take into account potential pay increments, economic downturns, or other variables that may influence your future net worth.
Discover your potential net worth and retirement age with our powerful financial projection tool. Input your current financial details and see how your wealth could grow over time.
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