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Ultimate Financial Independence Calculator

A question that is often asked is "When can I retire?" The most important factor in answering that question is your savings rate.

The higher your savings rate, the sooner you can reach financial independence based on your current spending.

When your Able to Draw exceeds your Desired Income you are financially independent.

Person 1

Income:
Enter current income
Annual Savings Percentage
Enter the % of your salary you’re currently saving each year
Employer Match
Enter the % of your salary your employer matches each year
Portfolio Value:
Enter your current portfolio value
Pay Increase
Enter your expected annual pay increase percentage

Person 2

Income:
Enter current income
Annual Savings Percentage
Enter the % of your salary you’re currently saving each year
Employer Match
Enter the % of your salary your employer matches each year
Portfolio Value:
Enter your current portfolio value
Pay Increase
Enter your expected annual pay increase percentage

Additional Data

Annual Return
Enter a return rate that you expect your investments to earn over time
Inflation Rate
Enter a value to account for inflation each year
Desired Withdrawal Rate
Enter your desired withdrawal rate. (LeanFI ~5%,FI ~4%, FatFI ~3%)
% of Current Income Needed in Retirement:
Enter the % of your current income (today’s dollars) needed in retirement, we account for inflation for you

Savings Rate

saving rate data

Gross Savings ÷ Gross Income

FI Target Amount

combinedPortfolio

Based on current input

Years Until FI

number of rows

Based on current savings rate

Portfolio Value:
Your Contributions:
Interest Earned:

Yearly Breakdown

Share Your Results
Notes & Assumptions: We do not account for pre vs post tax savings. We don't know what the tax rates will be in the future. Annual Returns vary.

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