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FIRE Calculator

Calculate your FIRE number, years to financial independence, and safe withdrawal amount using the 4% rule.

Enter Your Values

Using shared profile · 3,500/mo · EURedit on Dashboard

Start from a realistic scenario
Current Position
Timeline
years

Results update automatically as you change values.

Decision Engine
Understand
Enter only what matters
Calculate
Transparent formulas
Compare
Side-by-side options
Hidden Costs
What you might forget
Scenarios
Best, expected, worst
Decide
Clear recommendation
Decision Verdict
Best overall choice
Current Plan

You need €1715946 to retire (4% of €30000/yr expenses).

FIRE Number
€1,715,946
4% rule at retirement (inflation-adjusted)
Years to FIRE
28 years
6 things you might be forgettingEstimate based on your inputs — not guaranteed financial advice.

Your Results

FIRE Number
€1,715,946
4% rule at retirement (inflation-adjusted)
Years to FIRE
28 years
FIRE Age
58
Still Need to Save
€1,665,946
FIRE Number (today)
€750,000
Savings Rate
37.5%
Safe Monthly Withdrawal
€5,720
Coast FIRE (years)
0 years
Decision Summary

Your FIRE number is €1715946 — 4% of your €30000/year expenses. With €50000 saved and €1500/month at 7% return (3.9% real after 3% inflation), you reach financial independence in 28 years at age 58. Your 38% savings rate is good. Coast FIRE — where your portfolio grows to the target without new savings — is already achievable.

What-If Scenarios

Results update instantly
1500
5005000
7.00 %
4 %12 %
4.00 %
3 %5 %

Cost Breakdown

Current Savings
€50,0001.5%
Still Needed
€1,665,94649.3%
Future Contributions
€504,00014.9%
Investment Growth
€1,161,94634.4%

Path to FIRE

€0€2.0M€4.0M€6.0M€8.0M€10.0M303744515865727980
Portfolio Value
FIRE Target

Click chart to expand

FIRE Number Breakdown

€0€500K€1.0M€1.5MCurrentContributi…GrowthCurrent: €50,000Contributions: €504,000Growth: €1,161,946

Click chart to expand

Side-by-Side Comparison

RecommendedCurrent Plan
FIRE Number
€1,715,946
Years to FIRE
28 years
Monthly Savings
€1,500
FIRE Age
58
Monthly Expenses at FIRE
€2,500
Save 10% More
FIRE Number
€1,715,946
Years to FIRE
25 years
Monthly Savings
€1,650
FIRE Age
55
Monthly Expenses at FIRE
€2,500
Lean FIRE (80%)
FIRE Number
€1,372,757
Years to FIRE
20 years
Monthly Savings
€1,000
FIRE Age
53
Monthly Expenses at FIRE
€2,000
Best Financially
Save 10% More
Best for Flexibility
Lean FIRE (80%)
Best Overall
Current Plan

You need €1715946 to retire (4% of €30000/yr expenses). With €50000 saved and €1500/month contributions at 7% return, you reach FIRE in 28 years at age 58. Your 38% savings rate is solid. Saving 10% more cuts ~3 years off. Lean FIRE at 80% expenses reaches freedom faster with less.

What You Might Be Forgetting

Hidden costs and factors that are easy to overlook but can significantly impact your decision.

Inflation Erodes FIRE Number

At 3% inflation, your €30000/yr expenses become €68638/yr in 28 years. Your FIRE number grows accordingly.

Est. annual
€900
Healthcare Before Medicare

If retiring before 65, health insurance can cost €500-1,500/month — often the biggest expense early retirees forget.

Sequence of Returns Risk

A market crash in your first 5 years of retirement can devastate a portfolio. The 4% rule assumes average returns, not guaranteed ones.

Taxes in Retirement

Withdrawals from traditional accounts are taxed. Your FIRE number may need to be 20-30% higher to account for taxes.

One-Time Expenses

Home repairs, car replacement, and travel spikes happen. Budget a 10-20% buffer above your regular expenses.

Lifestyle Inflation

If expenses grow faster than 3%, your FIRE date moves further away. Track spending carefully.

These estimates are for informational purposes only and do not constitute financial advice. Actual results may vary based on factors not captured in this calculator.

How This Calculator Works

What this calculator does

This calculator determines how much you need to retire (your FIRE number) and how many years until you reach financial independence based on your savings rate and investment returns.

How the calculation works

FIRE number = Annual Expenses ÷ Withdrawal Rate (typically 4%). We project your portfolio growth year-by-year with contributions and returns until it reaches the inflation-adjusted target.

Formula

FIRE Number = Annual Expenses / Withdrawal Rate
Years to FIRE: simulate until Portfolio ≥ FIRE Number
  Portfolio_t = Portfolio_{t-1} × (1 + r) + Annual Savings

Sources & defaults

  • Trinity Study / 4% rule research

    FIRE withdrawal defaults follow the classic safe-withdrawal framework

  • Historical equity risk premium literature

    Long-run stock/SIP defaults ~7–12% nominal before fees/tax — not a forecast

  • Eurostat / national CPI

    Default inflation ~2–3% unless you override it

Example

€2,500/month expenses, 4% withdrawal: FIRE number = €750,000. With €50,000 saved, €1,500/month at 7% return: ~18 years to FIRE at age 48.

How to Use This Calculator

  1. 1
    Enter your numbers

    Fill in the inputs for FIRE Calculator. Defaults are realistic starting points — replace them with your actual figures.

  2. 2
    Understand the calculation

    FIRE number = Annual Expenses ÷ Withdrawal Rate (typically 4%). We project your portfolio growth year-by-year with contributions and returns until it reaches the inflation-adjusted target.

  3. 3
    Review results and scenarios

    Check metrics, cost breakdown, comparison tables, and best / expected / worst scenarios. Use sliders to stress-test assumptions.

  4. 4
    Decide with the verdict

    Read the decision engine recommendation and FAQ. Example: €2,500/month expenses, 4% withdrawal: FIRE number = €750,000. With €50,000 saved, €1,500/month at 7% return: ~18 years to FIRE at age 48.

Factors to Consider

  • The 4% rule is based on 30-year US market history — not guaranteed
  • Healthcare costs before public retirement age are a major expense
  • A 50%+ savings rate enables FIRE in 15-17 years
  • Lean FIRE (lower expenses) vs Fat FIRE (comfortable lifestyle)
  • Geographic arbitrage can dramatically reduce your FIRE number

Common Mistakes

  • Using current expenses without accounting for inflation
  • Ignoring taxes on retirement account withdrawals
  • Assuming 10%+ investment returns consistently
  • Not budgeting for healthcare, home repairs, or one-time costs
  • Quitting before building an emergency fund

Frequently Asked Questions

What is the 4% rule?+

Withdraw 4% of your portfolio in year one of retirement, then adjust for inflation. Historically, this lasted 30+ years in US markets. Many use 3.5% for extra safety.

What savings rate do I need for FIRE?+

At 50% savings rate, ~17 years to FIRE. At 65%, ~10 years. At 25%, ~32 years. Higher savings rate is the fastest lever.

What is Coast FIRE?+

When your existing portfolio will grow to your FIRE number by traditional retirement age without further contributions. You only need to cover current expenses.

This calculator provides estimates for informational purposes only and does not constitute financial, investment, tax, or legal advice. Always consult a qualified professional before making important financial decisions.

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