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FIRE calculator

Find out how much you need to invest for your returns to cover 100% of your expenses!
Calculator for your financial independence
The amount you want to invest initially. You can enter "0" if you plan to make only monthly investments.
It refers to the amount you plan to invest every month.
The annual return you expect to achieve during your investment period.
%
The tax percentage you assume to pay on the income or capital gains from your investments.
%
This is the monthly amount you consider sufficient to cover all your expenses when you retire.
Calculate
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Results
Retirement age
age
FIRE value
FIRE Value
This is the total wealth that results after considering all the previous assumptions for you to be considered retired.
350.340,00€
Retirement year
2044
You are 20 years away from your early retirement at the age of 48.
The results presented are simulations and do not constitute any form of financial advice.

Glossary

What is FIRE?
FIRE stands for "Financial Independence, Retire Early.".

It is a movement aimed at achieving financial independence by accumulating enough wealth to cover living expenses through passive income, allowing individuals to retire before the traditional retirement age.
When are you financially independent?
You are considered financially independent when the annual return on your investments (net of taxes) covers 100% of your "desired net monthly amount."
How does this calculator work?
This calculator estimates the time required to achieve financial independence based on your income, investments, expected expenses, and other financial factors.

It provides a projection of the evolution of your net wealth until you reach the amount needed to cover your expenses during retirement.
What is the real rate of return?
The real rate of return is the return adjusted for inflation.

If your investments grow by 5% per year and inflation is 2%, your real rate of return is approximately 3%. This is the value that truly increases your purchasing power.
How is the wealth required for FIRE calculated?
The wealth required for FIRE is determined by various assumptions outlined in the initial framework, such as expected expenses during retirement, the assumed rate of return, and the inflation rate.
Does the calculator consider taxes?
Yes. The calculator allows you to set a tax rate to adjust annual returns before calculating the final required wealth.
How to account for additional passive income?
Currently, the calculator does not consider additional passive income (e.g., rental income). If you have this type of income, you can subtract the expected annual amount from your annual expenses before calculating the required wealth.
Does the calculator guarantee that I can retire early?
No. The calculator is a planning tool that provides projections.